The 3 Laws of Thermodynamics

@ksrikrishna@ksrikrishna

http://dog-earz.com/

Entrepreneurship

Today's Lesson

1839 - 1903

1796 - 1832

Sadi Carnot

JW Gibbs

The Three Laws of Thermodynamics

You can't win!

You can onlybreak even!

You canbreak even only

at absolute zero

(0° Kelvin)

You can't reach

absolute zero!

You can'treach absolute zero (0° Kelvin)

You canbreak evenonly at absolute zero (0° Kelvin)

You can't win!You can onlybreak even!

Conservation of energy

Entropy

Absolute Zero

The Three Laws of Entrepreneurship

You can't fail!

You can only win!

You canwin only if you

persevere

You can persevere only with the right

attitude

You can persevere only with the right attitude

You canwin only if youpersevere

You can't fail,you can onlywin!

Passion

Patience

Prudence

PIG HEADED

PLACENT

PRIDEPassion

Patience

Prudence COM

The Pre-work

What do you WANT?

Why?

How will you recognize success?

The Ingredients

People

Problem

Unique Solution

Other stuff

Capital

Debt

Business Plan

Equity

Venture Capital

Sales force

Marketing

Engineering

Design

Angels

Idea

Product

Service

Details

Cash flow

CustomersExpenses

Contracts

Features

Zeroth LawIf two thermodynamic systems are

each in thermal equilibrium with a third,

then they are in thermal equilibrium with each other.

Enjoy the journey