Santa Clara, California – For the first time in its history, TiE Silicon Valley’s annual conference TiEcon 2020 is virtual, and this has allowed the community to convene at large. Attendees from all 61 of TiE chapters spread across 14 different countries brainstorm ideas on how to foster entrepreneurial growth in these unprecedented times.
During the first leg of the event – ‘Road to TiEcon’ prominent industry luminaries such as celebrity author Deepak Chopra, MD and tech icon Vinod Khosla have delivered inspiring talks to deep dive into how entrepreneurs can reinvent businesses during and post COVID 19. The event also discussed the new and emerging solutions across various industries during this pandemic.
In his inspiring keynote, the tech billionaire Vinod Khosla encouraged Entrepreneurs to take bolder risks and not be afraid to have bigger dreams.
The pandemic has undeniably opened new areas that were not available to entrepreneurs in the past. Many technological innovations are happening around the world as a result of this pandemic. AI in healthcare is a big opportunity today. The environment has become more favorable to those who take calculated risks and are not afraid of failure. Embracing new and emerging technologies can provide a vital pivot point for businesses to succeed in the post-pandemic world. Leaders have to adopt a non-linear approach to growth in today’s times.
“Entrepreneurs who are experts in their fields are prone to experience bias. Hence, they should focus on hiring a team that can bring a fresh perspective,” said Vinod Khosla from Khosla Ventures.
In a way, facing adversities makes a person stronger. Leaders who successfully emerge from this adversity will have capabilities to focus on bigger goals.
Video Link: https://www.youtube.com/embed/DkuLW8jgyXI
Deepak Chopra, MD in his keynote laid emphasis on how technology, combined with creativity, emergence, and collective intelligence, can create solutions for COVID 19 crises and also for other situations that are likely to arise in the future.
Entrepreneurs are going through the mental stages of grief as businesses have struggled during the pandemic. The feeling of being victimized due to unfair external circumstances is prevalent amongst leaders. Acceptance and awareness of one’s surroundings can play a role in alleviating such situations. Acceptance allows healing.
According to Deepak Chopra, MD “If we as leaders chose to accept the situation, the pandemic is providing us information that can lead to greater opportunities. COVID 19 is showing us that climate change reversal is possible. In a way, the pandemic is creating a platform for future technologies to emerge.”
Necessity is the mother of invention, and the pandemic has given rise to needs that can lead us towards more opportunities. New areas have opened up for technological innovations, giving rise to what we call emergence. The pandemic has forced us to create a team of minds from diverse backgrounds to work for one single purpose, leading to solutions that weren’t available in the past.
As the world moves towards sustainable choices, entrepreneurs have to think about sustainability in all aspects of their business. Thinking about sustainable solutions/services for our ecosystem provides leaders with a starting point to reinvent business practices.
Video Link: https://www.youtube.com/embed/qehyTAmJJNY
The virtual conference TiEcon 2020 scheduled on Sept, 2 and 3, 2020. One of the largest entrepreneurial conferences this year hosts Grand Keynote Speakers like Indra Nooyi, Former Chairman & CEO, PepsiCo & Eric Yuan, Founder & CEO, ZOOM on Sept. 2 and Fred Luddy, Co-founder, ServiceNow & CJ Desai, Chief Product Officer, ServiceNow on Sept.3. TiEcon also offers flagship programs like Bootcamps, VC Connect, Mentor Connect, and TiE50 awards among others.
For details visit www.tiecon.org
The Indus Entrepreneurs (TiE) is a not-for-profit organization founded in 1992. The mission of TiE is to foster entrepreneurship globally through the 5 pillars of TiE: mentoring, networking, education, funding, and incubation.
Learn more at https://tie.org/
About TiE Silicon Valley
TiE’s founding chapter, TiE Silicon Valley, is recognized for its intellectual capital and its flagship conference, TiEcon. Learn more at sv.tie.org
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