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Kairos Society founder Ankur Jain on how entrepreneurs can innovate and not just look to what others have created already.
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Now we have a young entrepreneur or who says if you weren't looking to start a business do not try to be the next FaceBook -- something else but -- What she was named the best connected 21 year old in the world by ink magazine last year joining us now.
Is -- -- -- -- is the founder and chairman of the carrots society an encore.
Wow you're young -- -- already are doing so much but what what do you mean by don't try to be the next FaceBook and we're assuming you meant before the whole IPO but -- FaceBook is extremely successful as -- not.
A faith based because actually a great example of an entrepreneur trying to solve the problem.
I think one of the things that we really need to emphasize and try to kick start global economic growth.
How can we re create -- environment where entrepreneurship is about solving problems.
Right because the greatest companies the greatest opportunities.
Really our world's greatest problems.
So that's kind of the culture that we've been building at the Kyra society college partners around the world OK so let's say I've just graduated and I -- -- start something up what is the number one quality that I need to happen that the business.
That I want to watch needs to -- Yes yes well so again the first thing you want to look at.
It's what -- what does it global problem that you can create an innovative new solutions for right -- -- -- with the economy down today.
He's got this incredible opportunity for young people to not going to banking -- just Batiste I think -- To start -- -- that solves a grand challenge whether it is social connectivity or whether it's clean water.
And so and the best examples they can give you Liz if you look at some of these -- but we're working with a around the world than 192021.
Years old.
And they're solving problems as -- as cancer whenever companies -- -- Dartmouth the developing new ways to take.
Cancerous cells and identify them for treatment.
And -- he's -- -- -- this wow and so you.
It's telling you look at starting -- company you really shouldn't look at the margins say what are other people doing that I can copy and I think that's the biggest message need to get -- -- Here I was gonna say Opentable -- -- idea yet solved a lot of people's problems about getting reservations -- -- it -- -- would really really important stuff is happening.
And -- just -- something interesting you said other starting in college are you telling people now gonna wait till you graduate.
Start it now have to the old Sergey and -- Larry brand -- you know where they started Google in the door.
Actually look at some of the greatest companies right but he said -- even frankly FaceBook these companies are starting college -- -- thrive because as a student.
The world rejoiced you've got this incredible.
Support system with some of the world's top professors -- to -- -- The community of peers you can work out from all sorts of disciplines as a to way to Europe to college is frankly an injustice and again you're seeing that -- -- every year.
With Cairo's we're bringing 350.
College students with a 150 world leaders to say how can we start companies together.
And in the past four years we helped launch over a hundred companies -- college students currently launching companies that are creating jobs and solving problems while.
That's the that's the beauty -- -- we wanna see jobs created with really solid good ideas but you know not to.
Not to really talk about something negative but you know what it teach it look what we do it this way actually now that I think of it.
Tell people what to tune out and what I mean are negative voices up bad economy a lot of people look at the negative and say why should I start a company right now.
They should tune out once.
The -- first -- fall but people say this is a bad economy.
They should look at that as the greatest opportunity -- what do you look at apple or Microsoft or FedEx.
Do you think great companies today were started during a rough economy in particular that sets up an environment where it where the economy is -- for disruption.
People aren't happy with the status -- looking for innovative new ways to solve problems.
And the opportunity cost for an entrepreneur of going to a big jumpers -- starting something has disappeared.
On grilling people tell you to go ahead and that it's about economy it's a great opportunity for us to do this so I ever courage every young entrepreneur to take this opportunity.
You know what I hope there was some hope they listen -- that sort of entrepreneurial American spirit is still there are alive and kicking on court Jane good luck to you thank you for being here.
Thank you thank you so much less founder and chairman of the Cairo society David just last year he graduated Wharton -- he's not really successful or bright already wild ride up up up.
If he was a -- we all be investing you have to --
