10 giant startup challenges that will kill you by next year - Jamie Siminoff

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Every growing business faces ten critical challenges it must overcome. From establishing an ecosystem, to dealing with channel conflict, to assigning equity incentives, each of these challenges can be a huge time-sink and, if not handled properly, can undermine the startup. In this session, we'll flag the ten challenges, and offer practical advice on how to mitigate their impact so you don't break your stride.

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  • 10 giant startup challenges that will kill you by next year - Jamie Siminoff

    1. 1. 10 Giant Startup Challenges That Will Kill You By Next Year By Jamie Siminoff
    2. 2. 1. $
    3. 3. How much does a cell phone cost the business? $100 per month +/-
    4. 4. The 10 Rule 10 X $100=$1,000$1,00 X 12= $12,000Annual Cost $12,000
    5. 5. 2. Timing
    6. 6. “There is a big chasm between hopes and dreams and the real thing. Companies need to grow upand go through the ugly adolescent phase. They start to doubt themselves, they start to churn employees, they may even go through a management change or two. Getting across this chasm is hard, it takes tenacity, both from the entrepreneur and team and from the investors.” -Fred Wilson, Partner Union Square Ventures
    7. 7. al ity Re 4 ugly 3 2 ugly1 ugly EnterpriseStart Value
    8. 8. 3. Patents
    9. 9. 4. Chasing the Wrong Ball
    10. 10. 5. Your Customers
    11. 11. =
    12. 12. 6. Growth
    13. 13. 7. Who Am I ?
    14. 14. Public Internal
    15. 15. 8.Following the Crowd
    16. 16. i ty x im ro o b ileP M So Sh cia Location op l pin g b le ts Ta
    17. 17. 9. You
    18. 18. “Startups are at far greater risk of putting themselves out ofbusiness than having Steve Jobs do it for them.” -Bryce Roberts, OATV
    19. 19. 10. ___________
    20. 20. Jamie@Unsubscribe.com

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