Diogenis Business Incubator ~ Stavriana kofterosPresentation Transcript
IEEE GOLD CY - LEARN STARTUP26/11/2012Stavriana A. KofterosCEO
Profile DIOGENES Strategic ServicesFacilitate the Mentoring Coachingcreation of Back Officeinnovative Networkingstartups Funding Access, Funds Sourcing
CHECKLIST Business Young / Women Lack of Capital (Seed, Venture Incubators, Entrepreneurs Entrepreneurship Support Capital) Lack of start-up / spin-off hip Support Programs creation programs Offices, Accelerators Low Academic Innovative Start-ups, Micro-funding (LOANS!): Entrepreneurship Entrepreneurial Innovation JEREMIE, PROGRESS Lack of patenting/spinoff Programs , CyEC procedures and funding Research Centers, Extremely low research / Research Universities, innovation funds (0.45% ) world-class results Public – first Choice Changing Culture to Start-up Cyprus Open Coffee Cyprus, Cypriot Enterprise Link, Hack Cyprus, …etc
Make Your Future
Do you speak Startup? Serious Fun. Seriously!
Innovation Planet We made the buttons on the screen look so good you’ll want to lick them Innovation distinguishes between a leader and a follower Talent in Team They have to be really smart. But the real issue for me is, Are they going to fall in love with Apple? Perseverance We went to Hewlett-Packard, and they said, ‘Hey, we don’t need you. You haven’t got through college yet Steve Jobs Chairman, Apple
Passion of CEO is the single differentiator between doing ok and doing well
Team up. Get co-founders. Evangelize idea. Get a great BoA, Mentors. Public speaking training. Pitch. Pitch. Pitch. Network. Network. Network .
TALK.TO.THE.CUSTOMER. Write /Revise BP. Do Not Self - Fulfill (your) prophecies. There is always competition. Build the product fast. Test it. Fail Fast. Re-build. Retest. Get Traction. Lean Startup Methodology
Co founders fight They cant build their initial spec No one will fund their idea Too few people buy/use the product Most startups fail from lack of customers not from failure of product development Steve Blank
Don’t fall in love with the technology. Fall in love with the customer