Download - TedXUofW 2012

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Page 1: TedXUofW 2012

Are successful entrepreneurs irrational?

Franck Nouyrigat - Cofounder of Startup Weekend

Page 2: TedXUofW 2012

Literature

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REVENUE

Impact on US GDP

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0 $1b

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Shannon number1081 10123 7 billion people

really complex game!Atoms in the known universe

Welcome to the Entrepreneurial Game!

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THERE IS NO SYSTEMATIC PATH TO BUSINESS SUSTAINABILITY

B

C

Business Decision

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KNOWLEDGE

Entrepreneur

Bounded rationality is the idea that in decision-making, rationality of individuals is limited by the information they have, the cognitive limitations of their minds, and the finite amount of time they have to make a decision

Reinhard Selten

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THE MYTH OF THE LONE ENTREPRENEUR

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50 / km2 395 / km2

World Bay Area

2300 / km2

Mountain View Internet

A WORLD FULL OF POTENTIAL

2.26b / screen

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THUS -> LEARNING BY DOING

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TRANSVERSAL DATA MODEL

DISCOVERY

Garage

?INSPIRE/CELEBRATE

You are an Entrepreneur

You want to be an Entrepreneur

ACTION

You have a solid team with some good ideasSTARTUP

You have a stable business model

SCALE

You are taking over the World!FT500

You’ve got some passions & ideas

Entrepreneur’s story

Page 10: TedXUofW 2012

NO TALK, ALL ACTION


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