• Ferhan Bulca

    Executive leader and intrapreneur with track record in innovative business models. Builder of disruptive, agile teams.

    Creator and Lead Instructor of Business Innovation Certificate program at University of Toronto School of Continuing Studies.

    I offer consulting services and I am available as a speaker for private and public events.

    Watch my recent talk at Ashoka Canada's Changemakers event at University of Toronto on YouTube.

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Secret to Building New Businesses: Ability and Willingness to Learn

Yesterday, I had a chat with a person (let’s call him Eric) I met during a squash game. After the game, while Eric and I were chatting, I briefly explained what I do for a living: build new businesses from ground up. Eric was curious what this meant and, at one point, he asked me what industry I worked in. I told him that I have been in a variety of diverse industries, such as scientific space exploration and commercial aerospace, biotechnology and life sciences, information technology (IT), and manufacturing. He was puzzled. He asked me how could I go from one industry to a completely different one and build a business. I tried to explain to him that the fundamentals were the same but each engagement I entered was a significant learning experience and that is what drives me. I told Eric that I take each engagement as a new challenge that I have to learn from the basics, but do it quickly and efficiently. I knew what to look for, how to gather the information I need, what to pay attention to and what to ignore, how to create support and raise funding. I went on and on, partially because I just love it and partially because I wanted to make it clear.

This morning, I received an email from a friend, who pointed me to a video his son recorded. As a side note, Kripparrian is entrepreneur I wrote about in an earlier posting (http://ferhanbulca.com/2012/07/25/have-a-vision-follow-your-dream-with-discipline/). Here is the video: http://tinyurl.com/9hc8u8l.

I found the most profound statement I should have said yesterday between 0:45-1:00 mark on the videa where Kripparrian states that “… the only thing you have from your previous [experience] is your ability to learn.” When I heard this, I thought this is the answer I should have given to Eric yesterday. Kripparrian summarized what I was trying to say in a succinct and eloquent way and I thought to myself “I wish I said that.”

I welcome your comments on my blog. Please feel free to contact me at ferhan@ferhanbulca.com with relevant comments, ideas and thoughts.

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