Post on 14-Sep-2014
description
hello@foundercentric.com foundercentric.com @foundercentric !Mailing list: http://bit.ly/fc-list
So you have an idea (maybe)
Which came from wherever
Maybe too far to jump
So build stepping stones
There’s no ABC process
It’s exciting and scary
#1 killer of startups?
...
Our goal: the skills to navigate
—E. L. Doctorow
“It’s like driving at night in the fog. You can only see as far as your
headlights, but you can make the whole trip that way.”
—Derek Sivers (paraphrased)
“You never get anywhere sitting in the driveway waiting for the
finish line to come to you.”
groups of 5-ish with whoever is
nearby
say hello. what’s your
story?
startups are hard.
Why bother?
raise your hand if you read the lean startup
raise your hand if you read the lean startup
if you haven’t, get into a group with someone who has
say hello again !
(the turbo version)
what stands out about lean startup?
!
and What sounds like b.s. or hype?
Lots of tools! !
(we’ll cover the big ones this weekend)
3 main principles1. Our startup is a pile of guesses
2. The faster we can bounce our guesses off the market, the better we’ll do
3. Learning is progress; building stuff isn’t
the fourth principle• Once we’ve got the foundation right, we can
deploy lots of capital and scale tremendously
the fourth principle• Once we’ve got the foundation right, we can
deploy lots of capital and scale tremendously (alternately, if we just want to chill on a beach, we can automate or delegate the process and move on)
3. Learning is progress; building stuff isn’t
@robfitz
@robfitz
Quote source @twitter
2. the faster we can
bounce our guesses off the market, the better we’ll do
new Groups! refurbing a restaurant kitchen costs £150k
!
you look for funding and they want 90% ownership
!
how do you get started?
Title Text
-Build- -measure-
-learn-
1. our startup is a pile
of guesses
@robfitz
new Groups! sounds like a cool idea.
!
if you were investors, what would you be
scared of?
What could the founder do this week to answer some of those
questions?
comments?
Reliable and scalable: ?
Reliable but unscalable:
consulting, franchises
Uncertain and scalable: tech startups,
product companies
Uncertain and unscalable:
cafes, some SMEs
Reliable and scalable: ?
Reliable but unscalable:
consulting, franchises
Uncertain and scalable: tech startups,
product companies
Uncertain and unscalable:
cafes, some SMEs
Reliable and scalable: ?
Reliable but unscalable:
consulting, franchises
Uncertain and scalable: tech startups,
product companies
Uncertain and unscalable:
cafes, some SMEs
what do you think?
drink drinks!