Will Sync Genesis 22:1-17 Anush John Test results: fail, fail, fail, pass, fail, fail, fail, pass….
Fail Conference 2012: Eric kenis
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fail fast, fail cheap eric kenis, bryo fail conference 6/11/12
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Transcript of Fail Conference 2012: Eric kenis
fail fast, fail cheaperic kenis, bryofail conference 6/11/12
Bryo?
BRight & YOung• High potential• 18 to 36 y
emBRYO• prestarter• Growth
potentialBRIO• Drive• Ambition
BRIGHT?
$ € £ 1.000 crazy ideas
In love with my project
Feasibility : fail fast, fail cheap
YOUR ELEVATOR PITCH
FocusKeep on driving on the
right trackKnow where you want
to go
“Most of all Bryo recognised & increased my entrepreneurship. “ Maarten Vandenbroucke, Gatewing
“Bryo is like a second family to me. It is my feedback and my back-up.” Ciel Berings, Aaltra
“ At Bryo I found my 2 partners. Without them dotOcean would be impossible.” Peter Staelens, dotOcean
….
3 main pitfalls for a start-up:
fear of the market lack of financial knowledge
too homogeneous team
Source: Mirjam Knockaert, UGent
Wrong entrepreneurs team
My friendsOnly engineersNo technology specialistPeople I know already
Even if you are alone, you need a team
differences in commitment
technology + sales + finance
dream team :
don’t forget to calculate your own time
my time is worth 50%, your expertise is worth 50%
???
Will you still manage if …the real cost is twice as high,
the time to market is twice as longfor half of the turnover
cash is king
not always smart
smart money is
market : ‘we prefer to finish our version 3.0 first’
Don’t go too little too late to the market
market : ‘we have no competitors’
There’s a hole in the market, but is there a market
in the hole?
market : watch out for exclusivity
market : careful with a
big company as first customer
market :
the new Facebook
or a
The funny thing about regret, is you better regret something you have done than something you haven’t.
[email protected] 0486/511 434
