Bootstrapping Coursepad

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Bootstrapping Coursepad How we managed to build a startup without venture capital — and how you can too!

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How we managed to build a mobile learning company without venture capital.

Transcript of Bootstrapping Coursepad

Page 1: Bootstrapping Coursepad

Bootstrapping Coursepad

!How we managed to

build a startup without venture capital — and

how you can too!

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My Story

?

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How you can start!• Purpose!

• Team!

• MVP!

• Clear process!

• Keep it rolling!

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Purpose• What excites you?

• What wrong do you want to right?

• What is your vision of the future?

• What is the size of your ambition?

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Avengers Assemble!

• Hacker, Hustler, Hipster

• MVP ready

• Guerrilla recruiting

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Get in the community!• Echelon, Startup Asia

• Founders Drinks (e27.co/fd)

• Founder’s Institute (fi.co)

• Hackerspace.SG

• FB Groups

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Lean Startup

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Validate Hypotheses• Value Hypothesis:

• Do people want to use?

• Are you solving a real problem?

• Growth Hypothesis:

• Do you have a mechanism to scale?

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MVP

• Minimum Viable Product

• Hypothesis testing

• Sell with PowerPoint

• Pitching = Research

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Clear Process• Hypotheses

• Boards

• Lean Canvas (leanlaunchlab.com)

• Pain Points

• Ideas

• Evernote

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Getting Funded• Build relationships early

• Go when you have good product-market fit

• All about social proof + scarcity + urgency

• Believe - don’t ask a crack dealer if crack is good!

Guy Kawasaki, author + mentor

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