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Where To Get Your Next Startup Ideas WebGeek Meetup - Startup Edition Jojy Azurin, Freelancer.com

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Presented at the WebGeek Meetup Start Edition, Microsoft Offices, Makati. May 30, 2013

TRANSCRIPT

Page 1: Where to get your next startup ideas

Where To Get Your Next Startup Ideas

WebGeek Meetup - Startup Edition

Jojy Azurin, Freelancer.com

Page 2: Where to get your next startup ideas

Where Do You Currently Get Them?

• Your education, skills, talent and experience• Your friends, peers and relatives• Your existing company and industry– 23 % of the Inc 500 CEOs surveyed got the original idea

for their business by spotting an opportunity in an industry related to one they worked in.

• FB and other discussion forums• News• Events such as conferences, meetups and startup

events

Page 3: Where to get your next startup ideas

Where Do You Currently Get Them?

• eBay, Amazon• Google Keyword tool

Page 4: Where to get your next startup ideas

Where Else?

Page 5: Where to get your next startup ideas

Year 2050

Page 6: Where to get your next startup ideas

Year 2050

• Citibank study

Page 7: Where to get your next startup ideas

Year 2050

• HSBC Global Research – Philippines will be 16th largest economy in the world

• Goldman Sachs says 14th

Page 8: Where to get your next startup ideas

Year 2050

• 37 years from now a lot of people in this room is probably wealthy

• You should be in 60s– Retiring– CEO/ Senior executive– Own your business– Captain of your industry– Political leader

Page 9: Where to get your next startup ideas

Year 2050

• 7 Presidents• 7 Vice-Presidents• 168 Senatorial slots• 5000 opportunities to become CEO of the Top

1000 corporations of the Philippines• 10s of thousands of start-up companies• You will be running the economy and the

country in the next 35 years

Page 10: Where to get your next startup ideas

2010s

• PNOY elected• Perception of good government• Right set of economic conditions– Stable banking system– Managed inflation– Strong currency– Strong remittance inflow

Page 11: Where to get your next startup ideas

2013

• Investment-Grade Credit Rating BB+• Philippine stock market rose more than 30%

2012, one of the best performances in the world

• Strongest economy in Asia for 2011 and 12

Page 12: Where to get your next startup ideas

2013

Page 13: Where to get your next startup ideas

Where Are The Billionaires?

Page 14: Where to get your next startup ideas

“Only a decade ago China had no billionaires; now it has 122” – Forbes Magazine

Follow – Brazilians, Peruvians. Indians, Indonesians, Nigerians

Page 15: Where to get your next startup ideas

Watch or Listen To Speeches

Page 16: Where to get your next startup ideas

Watch /Listen To Interviews

Page 17: Where to get your next startup ideas

Entrepreneur.com

Page 18: Where to get your next startup ideas

Business-Idea.com

Page 19: Where to get your next startup ideas

SpringWise and TrendWatching

Page 20: Where to get your next startup ideas

“I am annoyed when..”

• Or “it sucks when…”• Many of these annoyances can turn into

products and services• It sucks – when I line up in BDO or BPI– When I have to fill up the same information every

year and anywhere– During rush hour at MRT

Page 21: Where to get your next startup ideas

Read Customer Complaints

• Discussion Forums• Facebook Pages

Page 22: Where to get your next startup ideas

YCombinator

Page 23: Where to get your next startup ideas

What Is ‘baduy’ in 10, 20, 30 years?

• Baduy– Sending fax messages to transmit images– Calling a pager company to send message– Urgent messages get sent via telegram– The only way to chat is via phone or snail mail– IDD was expensive– Geek is so uncool

Page 24: Where to get your next startup ideas

What Is ‘baduy’ in 10, 20, 30 years?

• What will you say in the future?– We had to look for funding for our start-up– We used to exercise or diet to lose weight– We used to use our fingers to send text– We used keyboard to work on a computer– We do not have control how a movie ends– We have to travel by plane or car to go to another

place– We have to use money to get something

Page 25: Where to get your next startup ideas

Listen to your hairdresser, barber, taxi driver OR to the customers

• Taxi driver– Sleeping areas for power naps• Mobile conference rooms

– Health issues for LPG-driven taxis– Recognition for drivers– Interactive taxi

Page 26: Where to get your next startup ideas

Break something apart and put it back

• You mind is at work during this activity• Simpler ones– Rubiks cube

Page 27: Where to get your next startup ideas

A Business That Has Zero Failure

• Cancer Cure• AIDs cure• Ultimate Diet

Page 28: Where to get your next startup ideas

What’s Never Been Done By Anyone?

• Fly• Disappear• Reduce weight ASAP• Find all missing persons or items

Page 29: Where to get your next startup ideas

Go Think Somewhere Else

• Go to Sagada, and not Boracay• Go to Bhutan, and not HK• Go to a 10-day Vipassana Meditation and not

the 3-day retreat• Go to the Camino Walk in Spain (780km in 31

days) and not the Holy Land Pilgrimage

Page 30: Where to get your next startup ideas
Page 31: Where to get your next startup ideas

Check Your Finances

• What are you spending?

Page 32: Where to get your next startup ideas

Digest Infographics

Page 33: Where to get your next startup ideas
Page 34: Where to get your next startup ideas
Page 35: Where to get your next startup ideas

Start-Up In A Current Industry

• Create New Companies in Existing Industries– Bank– Malls– Telcos– Airlines– Food– Real Estate– Mining

Page 36: Where to get your next startup ideas

Redefine An Industry

• Invent!• Innovate!• Improve!

Page 37: Where to get your next startup ideas

Change The Rules

• Create New Sub-Industries or Make Your Own Market– C2 bottled ice tea– Sun Cellular– Cebu Pacific– Steve Jobs products– BPO

Page 38: Where to get your next startup ideas

You Can Topple The Leaders

• Few companies can dominate an industry for so long– Kodak invented the digital camera– Where is Nokia?– Remember Magnolia Ice Cream?– Alemars? Florofoto?– IBM PC– Video City? ACA Video?– Because somebody comes in and steals the show

(Manny Pangilinan, Ramon Ang, John Gokongwei)

Page 39: Where to get your next startup ideas

What Types Of Businesses?

• Change The Rules• Disrupt The Market• Examples:– Sun Cellular– Cebu Pacific– Jollibee– Mang Inasal– C2

Page 40: Where to get your next startup ideas

See You In 2050Thank You!

[email protected]

+63-906-447-5295

http://www.facebook.com/jojy.azurin

http://www.linkedin.com/in/jojyazurin