small pieces-about-starting-up
DESCRIPTION
Small pieces of thought about how to start a startup companyTRANSCRIPT
Friday, August 2, 13
Problem Problem
Friday, August 2, 13
Friday, August 2, 13
Friday, August 2, 13
Friday, August 2, 13
Basecamp by 37Signals
Friday, August 2, 13
Start Small
Friday, August 2, 13
Friday, August 2, 13
Build your team
Friday, August 2, 13
Friday, August 2, 13
Choose your partner..WISELY
Friday, August 2, 13
What to look from a partner?
Friday, August 2, 13
What to look from a partner?
• Find people who have similar work ethic with you
Friday, August 2, 13
What to look from a partner?
• Find people who have similar work ethic with you
• Find people with complimentary skill set
Friday, August 2, 13
What to look from a partner?
• Find people who have similar work ethic with you
• Find people with complimentary skill set
• Find people with similar approach with you
Friday, August 2, 13
What to look from a partner?
• Find people who have similar work ethic with you
• Find people with complimentary skill set
• Find people with similar approach with you
• Find people with similar VALUES
Friday, August 2, 13
Funding
Friday, August 2, 13
Funding Options
Friday, August 2, 13
Funding Options
Option Type Explanation
Debt You borrow money, using asset as security - that amount that need to be repaid
Equity You sell a piece of your venture to someone in exchange for an investment in the venture
Bootstrap Self-funded by using your profits to grow business
Friday, August 2, 13
Funding Options
Option Type Explanation
Debt You borrow money, using asset as security - that amount that need to be repaid
Equity You sell a piece of your venture to someone in exchange for an investment in the venture
Bootstrap Self-funded by using your profits to grow business
Friday, August 2, 13
Funding Options
Option Type Explanation
Debt You borrow money, using asset as security - that amount that need to be repaid
Equity You sell a piece of your venture to someone in exchange for an investment in the venture
Bootstrap Self-funded by using your profits to grow business
Friday, August 2, 13
Funding Options
Option Type Explanation
Debt You borrow money, using asset as security - that amount that need to be repaid
Equity You sell a piece of your venture to someone in exchange for an investment in the venture
Bootstrap Self-funded by using your profits to grow business
Friday, August 2, 13
Funding Options
Option Type Explanation
Debt You borrow money, using asset as security - that amount that need to be repaid
Equity You sell a piece of your venture to someone in exchange for an investment in the venture
Bootstrap Self-funded by using your profits to grow business
Friday, August 2, 13
Funding Options
Option Type Explanation
Debt You borrow money, using asset as security - that amount that need to be repaid
Equity You sell a piece of your venture to someone in exchange for an investment in the venture
Bootstrap Self-funded by using your profits to grow business
Friday, August 2, 13
Funding Options
Option Type Explanation
Debt You borrow money, using asset as security - that amount that need to be repaid
Equity You sell a piece of your venture to someone in exchange for an investment in the venture
Bootstrap Self-funded by using your profits to grow business
Friday, August 2, 13
Funding Options
Option Type Explanation
Debt You borrow money, using asset as security - that amount that need to be repaid
Equity You sell a piece of your venture to someone in exchange for an investment in the venture
Bootstrap Self-funded by using your profits to grow business
Friday, August 2, 13
Bootstrap
Friday, August 2, 13
Bootstrap
• Little Capital
Friday, August 2, 13
Bootstrap
• Little Capital
• Drop anything costly buy unproductive
Friday, August 2, 13
Bootstrap
• Little Capital
• Drop anything costly buy unproductive
• Everyone on the Front-Line
Friday, August 2, 13
Bootstrap
• Little Capital
• Drop anything costly buy unproductive
• Everyone on the Front-Line
• Focus on How to make money
Friday, August 2, 13