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Startup community motivations - crude visualizations
 

Startup community motivations - crude visualizations

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Some visualizations of startup player motivations, based on http://startup-communities.com/2012/04/06/motivations-of-the-different-players-in-a-startup-community/

Some visualizations of startup player motivations, based on http://startup-communities.com/2012/04/06/motivations-of-the-different-players-in-a-startup-community/

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Startup community motivations - crude visualizations Startup community motivations - crude visualizations Presentation Transcript

  • Motivations Of The Different Players In A Startup CommunityBased on http://startup-communities.com/2012/04/06/motivations-of-the-different-players-in-a-startup-community/ Visualizing some of the relationships Keith Instone 1
  • Entrepreneur• Mission / Purpose • Varies• Target Clients • Varies• Motivations • Fix a problem • Change the world • Hit it big financially 2
  • Varies Fix a problemVaries Change the world Hit it big financially Entrepreneur
  • Management Teams• Mission / Purpose • ?• Target Clients • Entrepreneur• Motivations • Purpose, vision • Hit it big financially • Part of something • Fun 4
  • Entrepreneur Purpose, vision Hit it big? financially Fun Part of somethingManagement Teams
  • Executive Pool• Mission / Purpose • ?• Target Clients • Entrepreneur • VC • Angel Investor• Motivations • Low risk • Personal cash flow • Hit it big financially 6
  • Angel Investor Entrepreneur Venture Capitalist Low risk Personal cash ? flow Hit it big financially Executive Pool
  • Venture Capitalists• Mission / Purpose • High salaries • Generate large ROI • Low risk• Target Clients • Start up companies• Motivations • Hit it big • Fairly secure high salaries 8
  • Start up Companies High Salaries Hit it bigGenerate large Fairly secure high ROI salaries Low risk Venture Capitalists
  • Angel Investors• Mission / Purpose • No salaries • Help entrepreneur • Generate large ROI • Can be a hobby• Target Clients • Entrepreneur• Motivations • Hit it big • Intellectual stimulation • Meet people 10
  • Entrepreneur No Salaries Hit it big Help IntellectualCan be a hobby stimulation entrepreneur Generate large Meet people ROI Angel Investor
  • Target Clients Venture CapitalistManagement Team Entrepreneur Executive Pool Angel Investor 12
  • Motivation = Hit it big Government Management Team Venture Capitalist Angel Investor Hit it big Business Incubators Entrepreneur Executive Pool Universities Chamber of Commerce 13
  • Questions, comments so far• Difference between a "mission" and a "motivation"? • Example: VC mission is "high salary" and motivation is "fairly secure high salaries"• Some target clients not clear • VCs have "start up companies" as a client yet that is not a "player" - is that really the same as "entrepreneur" or is a start up company defined as a collection of players? • Business Associations target "everyone": not useful unless break down their motivations/missions with clusters of players. • Universities serve NO ONE? Ouch.• Some missions, target clients missing, need to control the vocabulary more• Motivations/missions per relationship could be informative • Example: Executive Pool motivation with VC could be different than motivation with AI• Possible uses of visualizations like this • Abstract diagram of the whole ecosystem to help people see themselves and see what drives others’ actions. • Focused diagrams that show key parts of how things work - e.g. perhaps illustrating a tension between what an incubator wants vs. what the govt wants or the entrepreneur wants 14