Why Now is a great time to
    start a company!
          Sean Ammirati
First a Story …
2 Meanings of Now …




A Recent Graduate     2008
Disclosure … My Story




     A Recent Graduate
What are your options?


           ?
Graduate School    Corporate Job




Start a Company   Live Off Mom & Dad
Best first job …


Best Case:
                                            X
   ‘Employability’
                           ...
Security?
In Search of Remarkable
    “Remarkable people with remarkable
    careers seem to switch jobs with far less
    effort … ...
Find Good Partners

quot;I not only use all of the
 brains I have, but all I
      can borrow.quot;
              - Woodro...
Disclosure … Talking about Web




             2008
Web is Ripe for Innovation
“After an initial phase of the Web as a medium, in
  which lots of people attempted to make the...
Less Capital to Test Ideas




                 Source: Fred Wilson, “Web 2.0 Is A Gift, Not A Threat, To VCs”
           ...
Local Example: AlphaLab
•   6 Month Program (next starts June 1)
•   Groups of 6 Companies
•   $25k investment
•   Deadlin...
Easier to get advice
   What advice do you wish you
   received before graduation?
368 connections / 18 responses in 1 wee...
Easier to Tell Your Story
      (Marketing)



            VS.
To Review:

•   Web is ripe for innovation
•   Less capital to test ideas
•   Easier to get advice
•   Easier to tell your...
Conclusion

             “Winning a Nobel Prize is easy …
              Just have to focus on the right
                  ...
Thank you!
Image Attribution

Diploma - http://www.flickr.com/photos/twonickels/513996896/
2008 - http://www.flickr.com/photos/adkap/...
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Why Now Is A Great Time To Start A Comany - Grove City College Lecture Series

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This is a presentation I gave at Grove City College (my alma matter) as part of their annual lecture series.

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Why Now Is A Great Time To Start A Comany - Grove City College Lecture Series

  1. 1. Why Now is a great time to start a company! Sean Ammirati
  2. 2. First a Story …
  3. 3. 2 Meanings of Now … A Recent Graduate 2008
  4. 4. Disclosure … My Story A Recent Graduate
  5. 5. What are your options? ? Graduate School Corporate Job Start a Company Live Off Mom & Dad
  6. 6. Best first job … Best Case: X ‘Employability’ X Income Worst Case: ‘Employability’ X Income What about security?
  7. 7. Security?
  8. 8. In Search of Remarkable “Remarkable people with remarkable careers seem to switch jobs with far less effort … The secret doesn’t lie in the job- seeking technique. It has to do with what these people do when they’re not looking for a job ... They work on high-profile projects. These people take risks, often resulting in big failures. These failures rarely lead to a dead end, though. They’re not really risks, after all. Instead, they just increase the chances that these people will get an even better project next time.”
  9. 9. Find Good Partners quot;I not only use all of the brains I have, but all I can borrow.quot; - Woodrow Wilson
  10. 10. Disclosure … Talking about Web 2008
  11. 11. Web is Ripe for Innovation “After an initial phase of the Web as a medium, in which lots of people attempted to make the Web look like a newspaper, or a magazine, or a TV channel, we as an industry have recently been collectively developing a much clearer idea of what the Web is really like as a medium in and of itself.” - Mark Andreessen
  12. 12. Less Capital to Test Ideas Source: Fred Wilson, “Web 2.0 Is A Gift, Not A Threat, To VCs” http://avc.blogs.com/a_vc/2006/12/web_20_is_a_gif.html
  13. 13. Local Example: AlphaLab • 6 Month Program (next starts June 1) • Groups of 6 Companies • $25k investment • Deadline to apply is 3/31 • Talk to me afterward if interested
  14. 14. Easier to get advice What advice do you wish you received before graduation? 368 connections / 18 responses in 1 week – 11: focused on importance of networking – 3: do interesting work, not what pays the most – 2: being financial responsible – 2: delaying graduate school (MBA)
  15. 15. Easier to Tell Your Story (Marketing) VS.
  16. 16. To Review: • Web is ripe for innovation • Less capital to test ideas • Easier to get advice • Easier to tell your story (marketing)
  17. 17. Conclusion “Winning a Nobel Prize is easy … Just have to focus on the right problem to solve.” Herb Simon
  18. 18. Thank you!
  19. 19. Image Attribution Diploma - http://www.flickr.com/photos/twonickels/513996896/ 2008 - http://www.flickr.com/photos/adkap/2156922395/ Student http://www.flickr.com/photos/u_of_m/2158095451/in/set- 72157603501145653/ Corporate - http://www.flickr.com/photos/u_of_m/2123108952/in/set- 72157603501145653/ Startup - http://www.flickr.com/photos/purecaffeine/1275447918/ Live off Mom & Dad - http://www.flickr.com/photos/oldtasty/21349955/ Handshake - http://www.flickr.com/photos/u_of_m/2122333317/in/set- 72157603501145653/ Television - http://www.flickr.com/photos/videocrab/116136642/ Herb Simon - Wikipedia http://en.wikipedia.org/wiki/Herb_Simon
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