startup mba 1.0 - lean startup intro

45
hello & Lean startup http://startupmba.foundercentric.com

Post on 14-Sep-2014

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Page 1: Startup MBA 1.0 - Lean startup intro

hello &

Lean startuphttp://startupmba.foundercentric.com

Page 2: Startup MBA 1.0 - Lean startup intro

[email protected] foundercentric.com @foundercentric !Mailing list: http://bit.ly/fc-list

Page 3: Startup MBA 1.0 - Lean startup intro
Page 4: Startup MBA 1.0 - Lean startup intro

So you have an idea (maybe)

Page 5: Startup MBA 1.0 - Lean startup intro

Which came from wherever

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Maybe too far to jump

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So build stepping stones

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There’s no ABC process

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It’s exciting and scary

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#1 killer of startups?

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...

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Our goal: the skills to navigate

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—E. L. Doctorow

“It’s like driving at night in the fog. You can only see as far as your

headlights, but you can make the whole trip that way.”

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—Derek Sivers (paraphrased)

“You never get anywhere sitting in the driveway waiting for the

finish line to come to you.”

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groups of 5-ish with whoever is

nearby

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say hello. what’s your

story?

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startups are hard.

Why bother?

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raise your hand if you read the lean startup

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raise your hand if you read the lean startup

if you haven’t, get into a group with someone who has

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say hello again !

(the turbo version)

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what stands out about lean startup?

!

and What sounds like b.s. or hype?

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Lots of tools! !

(we’ll cover the big ones this weekend)

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3 main principles1. Our startup is a pile of guesses

2. The faster we can bounce our guesses off the market, the better we’ll do

3. Learning is progress; building stuff isn’t

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the fourth principle• Once we’ve got the foundation right, we can

deploy lots of capital and scale tremendously

Page 25: Startup MBA 1.0 - Lean startup intro

the fourth principle• Once we’ve got the foundation right, we can

deploy lots of capital and scale tremendously (alternately, if we just want to chill on a beach, we can automate or delegate the process and move on)

Page 26: Startup MBA 1.0 - Lean startup intro

3. Learning is progress; building stuff isn’t

Page 27: Startup MBA 1.0 - Lean startup intro

@robfitz

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@robfitz

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Quote source @twitter

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2. the faster we can

bounce our guesses off the market, the better we’ll do

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new Groups! refurbing a restaurant kitchen costs £150k

!

you look for funding and they want 90% ownership

!

how do you get started?

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Title Text

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-Build- -measure-

-learn-

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1. our startup is a pile

of guesses

Page 36: Startup MBA 1.0 - Lean startup intro

@robfitz

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new Groups! sounds like a cool idea.

!

if you were investors, what would you be

scared of?

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What could the founder do this week to answer some of those

questions?

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comments?

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Reliable and scalable: ?

Reliable but unscalable:

consulting, franchises

Uncertain and scalable: tech startups,

product companies

Uncertain and unscalable:

cafes, some SMEs

Page 41: Startup MBA 1.0 - Lean startup intro

Reliable and scalable: ?

Reliable but unscalable:

consulting, franchises

Uncertain and scalable: tech startups,

product companies

Uncertain and unscalable:

cafes, some SMEs

Page 42: Startup MBA 1.0 - Lean startup intro

Reliable and scalable: ?

Reliable but unscalable:

consulting, franchises

Uncertain and scalable: tech startups,

product companies

Uncertain and unscalable:

cafes, some SMEs

Page 43: Startup MBA 1.0 - Lean startup intro

what do you think?

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drink drinks!

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