mountaineer entrepreneur survival guide

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MOUNTAINEER ENTREPRENEUR SURVIVAL GUIDE Gevorg Sargsyan 2012 Yerevan, Armenia Plexonic

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Page 1: Mountaineer Entrepreneur Survival Guide

MOUNTAINEER ENTREPRENEURSURVIVAL GUIDE

Gevorg Sargsyan 2012 Yerevan, ArmeniaPlexonic

Page 2: Mountaineer Entrepreneur Survival Guide

WHO AM I TO ADVISE YOU?

2 startups founded: 1st in Thailand, 2nd in Armenia

More than 6 years of entrepreneurial experience.

Engineering background. Currently founder and CEO of Plexonic

(social, mobile games)

Page 3: Mountaineer Entrepreneur Survival Guide

PLEXONIC (wind more at www.plexonic.com)

Page 4: Mountaineer Entrepreneur Survival Guide

ENTREPRENEUR VS. ENGINEER

Are you an Entrepreneur?

Being engineer is GREAT!

But is not the same as being

entrepreneur.

Do you realize what you are

getting into?

Is that OK for you to be led by a

leader?

Armenian Individualism

Page 5: Mountaineer Entrepreneur Survival Guide

MENTORS? NOT SO FAST!

VS?

Page 6: Mountaineer Entrepreneur Survival Guide

CHOOSING A MENTOR

BE VERY CAREFUL!

You will not have much choice.

Solution: virtual mentors.

Most information you need is

online!

Tons of great videos, audios and

books.

Page 7: Mountaineer Entrepreneur Survival Guide

INVESTORS? NOT SO FAST!

No one is going to

invest in you! It is normal and good

for you in many ways. You have to bootstrap! Learn about investors

before talking with

them.

Page 8: Mountaineer Entrepreneur Survival Guide

ARARAT VALLEY VS. SILICON VALLEY

Silicon Valley is quite far away from Ararat Valley.11,000 km from here, or 12 hours difference.

Page 9: Mountaineer Entrepreneur Survival Guide

SILICON EFFECT

Overrated!

It’s a club: memberships are

earned.

Start building relationships.

Contact Armenian community in

the Valley: HyeTech group for

example.

Page 10: Mountaineer Entrepreneur Survival Guide

WHAT IS YOUR MARKET?Armenia vs. US vs. China - Web users by June 2010

Armenia US China0

50,000,000

100,000,000

150,000,000

200,000,000

250,000,000

300,000,000

350,000,000

400,000,000

450,000,000

208,200

266,244,500

420,000,000

Series1

Page 11: Mountaineer Entrepreneur Survival Guide

THE WHOLE WORLD IS OPEN!

Like it or not: Armenian market is too

small! No serious investor or entrepreneur will

deal with you if you target Armenian

market. I know you are a patriot – so am I. The

best way to prove it: get successful

globally. Opportunity of lifetime: distribute you

products anywhere in the world, easy

and cheap.

Page 12: Mountaineer Entrepreneur Survival Guide

THINK BUSINESS MODELS

Forget Business Plans!

Executive summary is

more than enough.

Business Models

forever!

Read, learn and try

over.

Page 13: Mountaineer Entrepreneur Survival Guide

BUILD A LEAN STARTUP

Read this book

5 Times

Be lean!

Page 14: Mountaineer Entrepreneur Survival Guide

IT’S A MARATHON, NOT A SPRINT

It is going to take MANY years.

You still have very high chance to fail.

Don’t like it – don’t do it.

You need to have a strong and powerful reason to go through this.

Page 15: Mountaineer Entrepreneur Survival Guide

BOOKS I RECOMMENDAND I DON’T RECOMMEND BULLSHIT

http://amzn.to/VVZf5u http://amzn.to/UXkTYE http://amzn.to/Ta0UJS http://amzn.to/UeKopM

http://amzn.to/UYm1dshttp://amzn.to/UeKDRL http://amzn.to/WwKBUJ http://amzn.to/U3d96i

Page 16: Mountaineer Entrepreneur Survival Guide

SOME LINKS

HyeTech group on FB(ask me for invite, the group is private)

Yerevan Startup Mixer on FBhttp://www.facebook.com/groups/289740881055012/

List of Blogs about startupshttp://b.qr.ae/TYxY5l

My personal blog – Singular Choice:http://singular.io

Page 17: Mountaineer Entrepreneur Survival Guide

WE ARE HIRING!

Want to become a world-class Game Developer?

http://plexonic.com/jobs

Page 18: Mountaineer Entrepreneur Survival Guide

THANK YOU

mobile+374 91 163758

[email protected]

skypegevorg.sargsyan

twitterspytwit

blogwww.singular.io

linkedinlinkedin.com/in/gevorg