Fake Talks Of Entrepreneurs!

As the buzz word goes about the new and old entrepreneurs, their achievements, their goal settings, their targets, I really wonder sometimes in pain, whether these are all for true? And any person with good knowledge about markets and companies would have a benefit of doubt, if entrepreneurs keep pitching about their sales and their achievements. If they pitch, it's for good results, as we know till what extent they can lie. Having been in this industry, for quite some time now and as a serious blogger, mind my word "Serious" I am here to get you all the insights which goes inside the industry, for what you can call as, "Inside story" which no newspaper, or TV channels would ever air on their sets. Its not a very perfect low down on all the fakes, but yes, you will get some idea about the actual things going on in the organization.

Having attended varied programs of entrepreneurs throughout the year for product launches, or new business, or workshops I had a huge list of pitches said by them, I have narrowed down them to few which are the most commonest of all, hope you enjoy reading them.

1. The entrepreneurs are never conservative, we know this fact but still they will say our approaches are very conservative and that it will grow manifold in 4 years of time but if you calculate their targets even after 5 years, you will get the same figures.
2. The new firms while delivering their idea of company, have varied slides presenting you with huge figures of how their product trend would be in market, even when its just selling a few plastic bags, they have projections showing you in millions. Their common and most favorite statement is, "We estimate to grow by $30 million by the year so and so".
3. Some companies don't even fear putting the names of big companies as joining them, they will say so and so company is going to sign contract with us over the next few weeks from now. This is not the first time statement, I have heard this hundreds and thousands of times till now, but the bigger company is nowhere in picture.
4. They go on to speak up to the length that CEOs of some famous companies are going to join their company by looking at their progress and talents, and when you actually know, the big giants are never going to join such small enterprises by ditching their big multinational companies.
5. The new entrepreneurs will often have something to boost about their current technological developments, they go on to say that, no one works like we do. They try to say ours way of working is really unique and new technologies are being used at their workplace. They will add up, the market for such type of products is new so as soon as the product picks up, it is going to boom in a big way.
6. In reference to the above point, they will go on to add, no one is doing what we are doing, because they have superior knowledge and skill set to blow away the markets across the continents. Now, if it's a new company it doesn't bother the market people, the same types will spring in the next 90 days or so. So what, if they are newly graduated, the people in their batches have the same knowledge, so why fret about it?
7. To add a topping to a pastry, they will ask you to hurry up and invest money in their firm only for the reason that other bigger firms are interested in them and if they invest, you cannot invest. Even when you go to them after 6 months, they will invite you to come and have negotiation, may be at much lower the initial price they offered. This is business and anything and everything can happen here in the business world of entrepreneurs.
8. When they talk about their professional management team, by this, are they talking about the intern who worked with multinational company, or a summer job? When a person is a true professional joining them, the very first priority for him would be the older organizations, the new organizations are not where he would probably join. So even their professionals are new to join, without experiences.
9. Now this is the biggest lie of all, at the start, where they are talking about $30 million after 10 years time, they are just looking for 1% of the market. Now this is contradictory, how can they seek to capture just 1 percent of market share, when its going to be some million dollar company?

These are some of the funniest and the most likeable and favorites of entrepreneurs to speak during their inauguration of company or during some seminar, if you are already well settled with business there is no need for you to get carried away by such bull-shit talks. If they are so confident then let them be, the future will tell!