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My advice for startups

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My advice for startups and new enterprenures.

My advice for startups and new enterprenures.

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  • 1. My  advice  for  startups nowyinteresadam.adamczyk  @
  • 2. Idea  is  not  a  secret. Clear,  bright  idea  is  worth  5%  of  equity.
  • 3. Do  not  try  to  make  a  product  for  everyone… …  unless  your  have  a  brewery.
  • 4. Focus  on  right  thing. Do  many  things  parallely.
  • 5. is  important  like  your  mother.
  • 6. Unexpected  failure  happens.   Pull  the  red  buIon  and  restart.
  • 7. Too  many  compeKtors  on  the  market? It  is  not  for  you  then.    
  • 8. Pick  right  co-­‐founders. They  do  NOT  have  to  be  famous.
  • 9. Many  sophisKcated  features  require  years  of  R&D.   Avoid  complicated features  on  1st   release.  Just  MVP.
  • 10. Talk  to  your  customers.  OVen. You  like  to  talk.
  • 11. Spend  cash  wisely 1.  Customer  acquisiKon 2.  Hiring  professionals 3.  Sells  team  enforcement
  • 12. Never  stop  thinking  about  what  can  go  wrong. Modify  product  market  fit.
  • 13. Eat  your  own  food.   Use  your  product.
  • 14. Customers  do  want  it. Benefits  are  not  just  features.  
  • 15. Scaling  is  not  a  problem. If  you  have  this  problem  you  are  the  winner.
  • 16. It  is  easy  to  calculate  big  numbers  by  1  %  ...   …  but  it  is  hard  to  get  it  in  real.
  • 17. 1+1!=3 Partnering  is  a  bullshit
  • 18. VCs  are  NOT  your  friends. They  meet  you  to  make  a  business.  
  • 19. Your  mission  must  be  simple  and  memorable. In  3  or  4  words.
  • 20. Define  a  business  model.   Make  a  business  plan  TOGETHER!
  • 21. Deliver  unique  product  or  service  … with  value  to  the  customers.
  • 22. Photos  from  flickr.com  -­‐    CreaKve  Commons-­‐licensed Fonts:  Lato adam.adamczyk@nowyinteres.pl www.linkedin.com/in/adamczyk www.facebook.com/nowyinteres