Startup Ideation: "Get Your Ass Moving Before Someone Else Kicks It!"
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Startup Ideation: "Get Your Ass Moving Before Someone Else Kicks It!"

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Chris J Snook Managing Director of Incubate Holdings slidedeck from the 8/23/12 Founder's Institute San Diego Startup Ideation Bootcamp Presentation

Chris J Snook Managing Director of Incubate Holdings slidedeck from the 8/23/12 Founder's Institute San Diego Startup Ideation Bootcamp Presentation

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Startup Ideation: "Get Your Ass Moving Before Someone Else Kicks It!" Startup Ideation: "Get Your Ass Moving Before Someone Else Kicks It!" Presentation Transcript

  • “Get Your Ass Moving Before Someone Else Kicks It!” Startup Ideation Bootcamp: 8/23/2012 Chris J Snook; Managing Director at Incubate Holdings MENTOR SESSION #1Copyright 2012 Chris J Snook
  • Ideation Bootcamp The Entrepreneurial PuzzleCopyright 2012 Chris J Snook
  • 1st Law The Law of Compensation1) The Need Will we ever2) Your Ability make money?3) Your Replace-ability Copyright 2012 Chris J Snook
  • Product Creation Building aAre you a “me too” on Complete Solutionsteroids? Look whatAre you a disruptor? we built...WillAre you a “no duh?” they care?Are you a “gap filler”Are you a leader?Are you an inventor? Copyright 2012 Chris J Snook
  • Business Model Creation Delivering andHow will we get them to Scaling Our OfferTry us?How will we deliver it? Someone bought it Will thisHow will we service it? scale? What do weHow will we charge for it? keep/chang Source: www.biznicillin.com e?How will we scale it?How much $ will all this take?How long will it take to succeedor fail? Copyright 2012 Chris J Snook
  • Increasing Reach Improve CustomerHow do we improve UI? Relationships-Deepen EngagementHow do we better promote? I love you…You love me tooHow do we integrate right???Customer feedback?How do we build a Brand?How do we incentivize Social?Is our Culture solid?Are we going the extra mile daily? Copyright 2012 Chris J Snook
  • Revenue Strategy Optimizing the Market Basket of Our UserHow do we increase theMarket basket of our customer? Ring dammit!!!! “Ca-Ching”How do we capture the cherry- “Ca-Ching”picker and convert them to a “Ca-Ching”loyalist?How do we reward the loyalists andincent them to evangelize?How do we attract the rest of themarket? Copyright 2012 Chris J Snook
  • Keeping Cash is “Track-tion” flowing…willWho is our cash stick? These guys piss me off,AccountingTeam? but thank GOD I have them withWho is our Legal Team? meWho is our Board?Who are wemissing/replacing? Copyright 2012 Chris J Snook
  • Key Activities What we do EVERY-DAY! Thank God INew User Acquisitions love this…It’s a lot of workTurn Around Iterations and effortFund Raising &Revenue DrivingBrand EngagementCultivate Our Culture Copyright 2012 Chris J Snook
  • Key Assets What is our Secret Sauce?Visionary-Charismatic Do we haveLeadership that little something “extra”Talented Teammates Yet?Stubborn and Un-RelentingA Novel Idea with a RealBusiness modelCOURAGE! Copyright 2012 Chris J Snook
  • Types of Deals to Flexible yet Focused consider Exit PathOutright Purchase? Where is this allStrategic Big Brother going?Alliance?Lifestyle Biz withCash Flows?I.P.O. Copyright 2012 Chris J Snook
  • Q&A Chris J Snook Email: chris@incubate.com Office: 760.501.0439 Copyright 2012 Chris J Snook