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    Startup MBA 1.0 - Lean startup intro Startup MBA 1.0 - Lean startup intro Presentation Transcript

    • hello & Lean startup http://startupmba.foundercentric.com
    • hello@foundercentric.com foundercentric.com @foundercentric ! Mailing list: http://bit.ly/fc-list
    • So you have an idea (maybe)
    • Which came from wherever
    • Maybe too far to jump
    • So build stepping stones
    • There’s no ABC process
    • It’s exciting and scary
    • #1 killer of startups?
    • ...
    • Our goal: the skills to navigate
    • —E. L. Doctorow “It’s like driving at night in the fog. You can only see as far as your headlights, but you can make the whole trip that way.”
    • —Derek Sivers (paraphrased) “You never get anywhere sitting in the driveway waiting for the finish line to come to you.”
    • groups of 5-ish with whoever is nearby
    • say hello. what’s your story?
    • startups are hard. Why bother?
    • raise your hand if you read the lean startup 
 
 

    • raise your hand if you read the lean startup 
 if you haven’t, get into a group with someone who has
    • say hello again ! (the turbo version)
    • what stands out about lean startup? ! and What sounds like b.s. or hype?
    • Lots of tools! ! (we’ll cover the big ones this weekend)
    • 3 main principles 1. Our startup is a pile of guesses 2. The faster we can bounce our guesses off the market, the better we’ll do 3. Learning is progress; building stuff isn’t
    • the fourth principle • Once we’ve got the foundation right, we can deploy lots of capital and scale tremendously

    • the fourth principle • Once we’ve got the foundation right, we can deploy lots of capital and scale tremendously
 
 (alternately, if we just want to chill on a beach, we can automate or delegate the process and move on)
    • 3. Learning is progress; building stuff isn’t
    • @robfitz
    • @robfitz
    • Quote source @twitter
    • 2. 
 the faster we can bounce our guesses off the market, the better we’ll do
    • new Groups! refurbing a restaurant kitchen costs £150k ! you look for funding and they want 90% ownership ! how do you get started?
    • Title Text
    • -Build- -measure- -learn-
    • 1. 
 our startup is a pile of guesses
    • @robfitz
    • new Groups! sounds like a cool idea. ! if you were investors, what would you be scared of?
    • What could the founder do this week to answer some of those questions?
    • comments?
    • Reliable and scalable: 
 ? 
 
 Reliable but unscalable: consulting, franchises Uncertain and scalable: 
 tech startups, 
 product companies 
 Uncertain and unscalable: cafes, some SMEs
    • Reliable and scalable: 
 ? 
 
 Reliable but unscalable: consulting, franchises Uncertain and scalable: 
 tech startups, 
 product companies 
 Uncertain and unscalable: cafes, some SMEs
    • Reliable and scalable: 
 ? 
 
 Reliable but unscalable: consulting, franchises Uncertain and scalable: 
 tech startups, 
 product companies 
 Uncertain and unscalable: cafes, some SMEs
    • what do you think?
    • drink drinks!