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19 Best Practices and 7 Lessons Learned from the Tech Start-Up, Parkbench.com
19 Best Practices and 7 Lessons Learned from the Tech Start-Up, Parkbench.com
19 Best Practices and 7 Lessons Learned from the Tech Start-Up, Parkbench.com
19 Best Practices and 7 Lessons Learned from the Tech Start-Up, Parkbench.com
19 Best Practices and 7 Lessons Learned from the Tech Start-Up, Parkbench.com
19 Best Practices and 7 Lessons Learned from the Tech Start-Up, Parkbench.com
19 Best Practices and 7 Lessons Learned from the Tech Start-Up, Parkbench.com
19 Best Practices and 7 Lessons Learned from the Tech Start-Up, Parkbench.com
19 Best Practices and 7 Lessons Learned from the Tech Start-Up, Parkbench.com
19 Best Practices and 7 Lessons Learned from the Tech Start-Up, Parkbench.com
19 Best Practices and 7 Lessons Learned from the Tech Start-Up, Parkbench.com
19 Best Practices and 7 Lessons Learned from the Tech Start-Up, Parkbench.com
19 Best Practices and 7 Lessons Learned from the Tech Start-Up, Parkbench.com
19 Best Practices and 7 Lessons Learned from the Tech Start-Up, Parkbench.com
19 Best Practices and 7 Lessons Learned from the Tech Start-Up, Parkbench.com
19 Best Practices and 7 Lessons Learned from the Tech Start-Up, Parkbench.com
19 Best Practices and 7 Lessons Learned from the Tech Start-Up, Parkbench.com
19 Best Practices and 7 Lessons Learned from the Tech Start-Up, Parkbench.com
19 Best Practices and 7 Lessons Learned from the Tech Start-Up, Parkbench.com
19 Best Practices and 7 Lessons Learned from the Tech Start-Up, Parkbench.com
19 Best Practices and 7 Lessons Learned from the Tech Start-Up, Parkbench.com
19 Best Practices and 7 Lessons Learned from the Tech Start-Up, Parkbench.com
19 Best Practices and 7 Lessons Learned from the Tech Start-Up, Parkbench.com
19 Best Practices and 7 Lessons Learned from the Tech Start-Up, Parkbench.com
19 Best Practices and 7 Lessons Learned from the Tech Start-Up, Parkbench.com
19 Best Practices and 7 Lessons Learned from the Tech Start-Up, Parkbench.com
19 Best Practices and 7 Lessons Learned from the Tech Start-Up, Parkbench.com
19 Best Practices and 7 Lessons Learned from the Tech Start-Up, Parkbench.com
19 Best Practices and 7 Lessons Learned from the Tech Start-Up, Parkbench.com
19 Best Practices and 7 Lessons Learned from the Tech Start-Up, Parkbench.com
19 Best Practices and 7 Lessons Learned from the Tech Start-Up, Parkbench.com
19 Best Practices and 7 Lessons Learned from the Tech Start-Up, Parkbench.com
19 Best Practices and 7 Lessons Learned from the Tech Start-Up, Parkbench.com
19 Best Practices and 7 Lessons Learned from the Tech Start-Up, Parkbench.com
19 Best Practices and 7 Lessons Learned from the Tech Start-Up, Parkbench.com
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19 Best Practices and 7 Lessons Learned from the Tech Start-Up, Parkbench.com

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This was a presentation done to the Engineering Entrepreneurs, as a part of the Hatchery Speaker Series, at the University of Toronto.

This was a presentation done to the Engineering Entrepreneurs, as a part of the Hatchery Speaker Series, at the University of Toronto.

Published in: Education, Business, Technology
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Transcript

  • 1. FEATURING… 19 BEST PRACTICES THAT BRINGS THE HIGHS AND 7 LESSONS LEARNED FROM ALL THE LOWS THE ROLLER COASTER RIDE OF A TECH STARTUP
  • 2. –STEPHEN COVEY, “7 HABITS OF HIGHLY SUCCESSFUL PEOPLE.” “If you keep doing what you’re doing, you’re going to keep getting what you’re getting.” BEST PRACTICE #1: MOVE WITH A SENSE OF URGENCY
  • 3. TURN YOUR BEEPER ON BEST PRACTICE #2, COURTESY OF RON CLOSE: CEO, PELMORIX INC.
  • 4. YOU DO NOT NEED A BUSINESS PLAN BEST PRACTICE #3 ASK ANY INVESTOR, ADVISOR, OR ENTREPRENEUR TODAY
  • 5. –ORRIN WOODWARD, TOP 10 LEADERSHIP GURU IN THE WORLD “The worst thing that can happen is that your small dreams come true.” BEST PRACTICE #4: DREAM BIG
  • 6. LESSON LEARNED #1 HAVE A CRYSTAL CLEAR IMAGE OF YOUR BIG IDEA
  • 7. –TIM FERRIS, BEST SELLING AUTHOR, 4 HOUR WORK WEEK You don’t need a product to sell a product. BEST PRACTICE #5: GET SOCIAL PROOF
  • 8. KNOW WHO TO LISTEN TO BEST PRACTICE #6: COURTESY OF KEVIN TRUDEAU, PITCHMAN
  • 9. LESSON LEARNED #2 WORK PART TIME ON YOUR FORTUNE
  • 10. BE RESOURCEFUL. NEGOTIATE EVERYTHING. BEST PRACTICE #7: COURTESY OF TONY ROBBINS, COACH
  • 11. THE RIDE BEGINS! LAUNCH
  • 12. COURTESY OF: APPLE, YELP, CRAIGSLIST, REDDIT, PAYPAL, AND MORE EVERYONE DOES IT DOOR TO DOOR. FACE TO FACE. CREATE A SCENE. BE CREATIVE. BEST PRACTICE #8: GET CUSTOMERS THROUGH BRUTE FORCE
  • 13. GET CO-FOUNDERS BEST PRACTICE #9 COURTESY OF ALL RECENT & SUCCESSFUL STARTUPS
  • 14. LESSON LEARNED #3 IF YOU HAVE A TECH COMPANY YOU NEED AN RIDICULOUSLY GOOD TECH CO-FOUNDER.
  • 15. WHERE MOST PEOPLE FAIL GETTING OFF THE GROUND
  • 16. –GRANT CARDONE, BEST SELLING AUTHOR, THE 10X RULE “Whatever effort you think is needed to get something done, multiply it by 10.” BEST PRACTICE #10: APPLY THE 10X RULE
  • 17. 1. Because of their network 2. Because they make your company look better 3. Because they will advise you BEST PRACTICE #11: BUILD A WORLD CLASS ADVISORY TEAM
  • 18. BEST PRACTICE #12: BE THE BEST COPY CAT they’re called best practices for a reason!
  • 19. YOUR 1 CHIEF AIM IS TO STUDY THIS BOOK BEST PRACTICE #13
  • 20. –MARK CUBAN, BILLIONAIRE ENTREPRENEUR “Most people think it's all about the idea. It's not. EVERYONE has ideas. The hard part is doing the homework to know if the idea could work in an industry, then doing the preparation to be able to execute on the idea.” LESSON LEARNED #4: IDEAS DON'T MATTER. EXECUTION DOES
  • 21. OUT OF BETA AND INTO
  • 22. LISTEN. LISTEN. LISTEN. BEST PRACTICE #14: COURTESY OF HOWARD SCHULTZ, STARBUCKS CEO
  • 23. LESSON LEARNED #5: YOU GET WHAT YOU PAY FOR
  • 24. STAY ATTACHED TO THE PROBLEM YOUR TRYING TO SOLVE, BUT BE FLEXIBLE IN THE SOLUTION TO SOLVE IT BEST PRACTICE #15: COURTESY OF GROUPON, TWITTER, PINTEREST, PAYPAL
  • 25. WHEN YOU FIND A PATH TO SUCCESS, CHARGE FULL STEAM AHEAD AND KEEP GOING UNTIL IT ENDS. THEN, FIND A NEW PATH. BEST PRACTICE #16: COURTESY OF JASAN NAZAR, CEO OF DOCSTOC
  • 26. THE MEDIA LIKES SPEED POTENTIAL INVESTORS LIKE SPEED YOUR USERS LIKE SPEED YOUR COMPETITION HATES YOUR SPEED BEST PRACTICE #17: SPEED IS KEY TO YOUR STORY
  • 27. BECOME A KILLER CONTENT GENERATING MACHINE BEST PRACTICE #18: COURTESY OF HUB SPOT, INBOUND MARKETING EXPERTS
  • 28. YOU ARE NOT AND CANNOT BE YOUR BEST SALES PERSON BEST PRACTICE #18: COURTESY OF MICHAEL CAYLEY - CEO CDLING
  • 29. LESSON LEARNED #6: LIVE IN OBJECTIVE REALITY
  • 30. BEST PRACTICE #19: BUILD A TEAM WHOSE ENTHUSIASTIC AND SHARES THE SAME VALUES
  • 31. LESSON LEARNED #7: WHEN IT COMES TO PEOPLE…
  • 32. –GEORGE BERNARD SHAW, CO-FOUNDER, LONDON SCHOOL OF ECONOMICS “I don’t believe in circumstance, the people that get on in this world are the people who get up and look for the circumstances they want, and if they can’t find them, they make them.” MAJOR BENEFIT OF A BEING AN ENTREPRENEUR: CONTROL
  • 33. –STEVE BOW, CEO OF 6 COMPANIES “God’s gift to us is more talent and ability than we’ll ever hope to use in our lifetime. Our gift to god is to develop as much of that talent and ability as we can in this lifetime.” MAJOR BENEFIT OF A BEING AN ENTREPRENEUR: CHALLENGE

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