mini start ups
TRANSCRIPT
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What Are Mini Start-Ups
Alternatives to Full Start-Ups
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Start-Up Disadvantages
● MVP implementation often exceeds any grants provided by Start-Up incubators
● Start-Up Incubators are limited in the numbers
of potential start-ups they can accept● Potential co-founders may have no established
cred in the form of MVP or career backgrounds
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Mini Start-Up Solution
● Product or Service that has a low number of development hours to implement in a MVP and extremely low operating costs after the MVP has been implemented
● Costs low enough that founder or co-founders can complete MVP and ramp-up while holding full-time jobs
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Non Silicon Valley Start-Up Secrets
● If you are not the 1% receiving captial funding than you have no access to capital or support
● Non Silicon Valley areas tend to be marekting
challenges to get to SV levels of support and the government entities and other entities tend to believe that they can do 1 hour of weekly marketing and than punch the clock and go home
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Mini Start-Ups As Leverage To Greater Things
● Due to the mini start-up helping establish cred of the founder or co-founders in terms of a successful product or service it than becomes leverage towards reaching the 1% tier of capital funds access and suport
● Many mini start-up products and services can be developed into platforms.
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Mini Start-Ups As Leverage To Greater Things
● Due to the mini start-up helping establish cred of the founder or co-founders in terms of a successful product or service it than becomes leverage towards reaching the 1% tier of capital funds access and suport
● Many mini start-up products and services can be developed into platforms.