42 accelerator program batch spring 2016
TRANSCRIPT
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STOP TALKING START TESTING
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SOLUTION VALIDATION
problem
solution fit
!
OFFER VALIDATION
PROBLEM VALIDATION
TRANSITION TO GROW
GROW!product
market fit!
1 2 3 4 5 6 7 8 9
WHERE LEADS YOU
investment readiness level
Each phase has its own events, goals, metrics and thresholds. We assess yours and we boost you beyond!
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The hustle phase, that one with the lowest success rate. That’s where we sit by you and we invest in you.
Where early stage investors start to come
The Epiphany!
WHY MATTERS
PROBLEM/SOLUTION FIT
TRANSITION TO GROWTH
GROWTH
PRODUCT/MARKET FIT
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WHAT YOU’LL DO
YOU DESIGN EXPERIMENTS TO TEST YOUR RISKIEST HYPOTHESISYOU GO OUT OF THE BUILDING TO COLLECT INSIGHTS AND METRICSYOU COMPARE EXPECTATIONS WITH METRICS, AND DECIDE WHETHER PIVOT OR PERSEVERE, AND HOWYOU SWITCH TO THE FOLLOWING EXPERIMENTYOU END UP WITH A ROCKY BUSINESS AND THE STRONGEST POSSIBLE CREDIBILITY TOWARD INVESTORS
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WHAT THE HELL SHOULD I TEST?PROBLEM
METRICS
PARTNERS KEY ACTIVITIES CUSTOMER RELATIONSHIPS
CUSTOMER SEGMENTS
KEY RESOURCES CHANNELS
VALUE PROPOSITION
COST STRUCTURE REVENUE STREAMS
SOLUTION 1
1
2
3
23
4
444
3
Experiments and test are about each building block of your business model.
Your job is to validate them in blocks, from 1 to 4.
Skipping tests causes premature scaling, which is the major cause of failure for startups.
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WHAT WE DO FOR YOU
WE HELP YOUR PROGRESS STICK TO THE INVESTMENT READINESS LEVEL, WITHOUT BURNING RESOURCES PREMATURELY WE FILL THE GAPS OF KNOWLEDGE, COMPETENCES, EXPERIENCE YOU MAY HAVE IN CLIMBING YOUR VALIDATION PATH WE HELP YOU COLLECT AND EVALUATE METRICS THAT MATTER FOR YOU AND INVESTORSWE HELP YOU CONNECT WITH MARKET FIRST, AND INVESTORS LATERWE PROVIDE YOU WITH THE MONEY TO TURN YOUR IDEA INTO A PUBLIC BETA (UNTIL PRODUCT-MARKET FIT)
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YOUR MENTORS > YOUR EXTENDED TEAM
IRENE CASSARINO
ENRICO CATTANEO
COSIMO PANETTA
MARCO FONTEBASSO
ALBERTO GIUSTI
design thinking & lean analytics
lean startup & customer development
business modeling & corporate venture
digital marketing & growth hacking
crowdfunding & fundraising
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LAST BUT NOT LEAST
THERE IS ONE ASSET THAT WE VALUE MORE THAN ANYTHING ELSE:
we assess the entrepreneurial potential of everyone in your team, and the team as a wholewe identify weak spots and train you and your team to strengthen them, preventing and managing one of the major causes of failure (broken teams)you end up with the strongest team ever, and the wisdom to make it grow
That’s why we exaggeratedly sustain the development of your entrepreneurial potential:
YOUR TEAM
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DURATION
4 -TO- 6MONTHS - from April 2015
VELOCITY
DEPENDING ONYOUR
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LOCATIONEarth, Turin
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THE STRONGEST POSSIBLE BUSINESS
THE STRONGEST POSSIBLE CREDIBILITY
THE STRONGEST POSSIBLE TEAM
WHAT YOU’LL TAKE AWAY
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STILL EAGER TO APPLY?
Application are open until March the 8th, 2015.
Go to: https://www.f6s.com/42acceleratorspring2016
THANK YOU, WE HOPEFULLY SEE YOU IN TURIN!