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"Crowdpreneurship" by Ali Chousein

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Rebooting the EU App Economy / Fraunhofer HHI, Berlin, Germany / 13th November 2013

Rebooting the EU App Economy / Fraunhofer HHI, Berlin, Germany / 13th November 2013

Published in: Economy & Finance, Business

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  • 1. Crowd-based Entrepreneurship Crowdpreneurship Ali Chousein
  • 2. Discussion topics  The motivation behind proposal  Crowdpreneurship in a nutshell  Q&A
  • 3. Where does the €€€ go?  Creative ideas +  Top level implemented products +  Revenue generating business models  ...
  • 4. Building funding-worth products Orthogonal skills are necessary
  • 5. Current cooperation models Pay me and I'll do it for you!  Freelancing on hourly rate  Marketing for a minimum budget of >5K€  Exhibitions where services are sold Summary: Not affordable!
  • 6. Crowdpreneurship App incubation platform     A platform where entrepreneurs with orthogonal skills form teams Contribution in a project is done for equity in the project Teams formed within the platform practice know-how exchange Investors can join at any stage of incubation
  • 7. Visual representation
  • 8. What it is? What it's not? It's not It is A platform for freelance jobs. Work is done for equity in an app. Crowdfunding per se. The focus in not only funding an app, but also building competitive apps. Crowdsourcing per se. Participants own the app for equity in the app. A venture capital. The focus is on building competitive enough apps which can enter a VC.
  • 9. Phases in crowdpreneurship
  • 10. Further details  It's an online platform where entrepreneurs assume roles Legal security: – For the app idea owner – For revenue sharing for all team members   Facilitate legal negotations between team members  Reference knowledge base of available free resources  Know-how exchange between teams  Limited promotion of successfully published apps
  • 11. Personal data Ali Chousein E-mail: ali.chousein@gmail.com Twitter: @alichousein Linkedin: nl.linkedin.com/in/alichousein Android App BeSocial Twitter: @besocialapp Play: com.apps.besocial
  • 12. Questions?