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Life, Innovation and Entrepreneurship the Silicon Valley way

by Hubert Palan on Oct 07, 2010

http://www.innovationtank.eu	560
http://www.innovationtank.cz	230
http://hubertpalan.com	106
http://www.itank.eu	10
http://translate.googleusercontent.com	5
http://207.46.192.232	1

Czech Accelerator
A - players, experience
Past work history
Passion
set ownership straight
Employees - $, Equity
Big
Knowledge - example expansions
New/vs existing market
Changing behavior is really hard
- Product will change, doesnt matter if it is a product or service
- first to market is not true, the user experience is what matters
- learn from other ppl’s mistakes
- customers want fast, right, cheap and easy
Either you are the only genius or you are an idiot
Talk to as many people as possible
- This is your only goal at the beginning - LEARN
- minimal viable product, earlyvangelists
- scale at the right time
- repeatable sales model
- pricing - think about the business model - learn there too
VC structure - rounds
Equity - giving control away
Vesting, even founders!