how to kick ass from romania

How to Kick-Ass from Romania

Philipp Kandal @apphil11th September 2016

Kick-Ass from Romania

Why does it matter?Entrepreneurs are the future

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Golden Rule: Entrepreneurs never complainLove it, Change it or Leave it

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Romania is not Silicon Valley & never will beActually: It’s much better !!!

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#1 Talent availability is 10x better in Cluj than in Silicon Valley

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Simple Experiment: Who in this room would work for me for 10.000€ / month?

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#2 Almost no local competition: Working for an outsourcing company mostly sucks…

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#3 World is flatTools, knowledge & resources are global

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#4 Early stage money is available at good conditions (see LaunchHub, Eleven, etc.)

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How did they become billionaires outside of Silicon Valley?

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Build a business that is focused on revenue from the beginning…

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Exploit the weak spots of Silicon Valley companies (cost, exit driven, lack of talent)

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Arbitrage: Produce locally (lower cost) – Sell & Raise money globally

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Build trust early on with a global presence

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Outsource areas which are hard to cover in Romania (e.g. branding, sales, design, etc.)

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Let’s do it: You can become the founder of the next great billion dollar company

Kick-Ass from Romania @apphil #16

Thank you for your kind attention!

Get in touch: [email protected]

Philipp Kandal11th Septmeber 2016

Economy & Finance