A startup is not a smaller version of large companies

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A startup is not a smaller version of large companies

  1. 1. A  Startup  is  not  a  smaller  version  of  large  companies   Large  companies   Startup   Large  companies  are  organiza6ons  with  proven   Startups  are  temporary  organiza6on  designed  to   business  model   search  for  repeatable  and  scalable  business  model.       Known   Unknown  •  Customers  segments   •  Customer  needs   •  Customers  segments   •  Customer  needs  •  Business  Model   •  Market  size   •  Business  Model   •  Market  size  •  Market  environment   •  Market  environment   Ready  to  execute   S6ll  need  to  learn  before  star6ng  execu6on     Use  Business  Plan   Don’t  use  Business  Plans   Business  plans  are  execuBon  plans.  In  a   In  a  startup  everything  is  based  on  assumpBons.   business  plan  we  assume  that  we  know  our   Startups  change  and  pivot  many  Bmes  during  its  life   Bme,  following  an  execuBon  plan  (Business  Plan)  that   customers,  their  needs,  the  market  size  and   was  built  before  even  starBng  the  company  is  like   everything  else  and  this  is  how  we  are  going   commuBng  suicide.  Business  plans  is  a  good  exercise   to  make  money.    It  includes  the  steps  that   to  visit  all  parts  of  the  project,  however  a  person   we  need  to  follow  to  generate  the  5  years   should  know  that  he  will  need  to  change  it  frequently   financial  projecBons.  Once  agreed  is  hard  to   during  the  life  of  the  project.  This  lead  to  the  creaBon   be  modified  or  changed   of  the  Business  Model  Canvas.   Business  Model  Canvas  9/7/2012  ashalabi7@gmail.com  

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