The Steps to get your Startup Going

1. Session 4:
The Steps to get your Startup Going …

2. Master Agenda - Entrepreneurship 101
Session 1 - January 10th - What is creativity? What is my passion?
Session 2 - January 17th - Behavior traits for a successful entrepreneur.
Session 3 - January 24th - Turning your passion into a business opportunity.
Session 4 - January 31st - Steps needed for your startup ... 1,2,3 GO.
Session 5 - February 21st - Financials of the business opportunity.
Session 6 - February 28th - Presentation skills, successful pitches, what ideas got funded.
Session 7 – March 6th - Filing your patent, patent gotchas, successes and failures.
Session 8 - March 14th - Pitch your business plan to VCs (only 12 spots will be available).

3. Weeks 1-3 recap
Week 1
Passion
Creativity
Problem
Week 2
Leadership
Hardwork
Integrity
Social Good
Week 3
The Hacker Way
The VC
Business Plan

4. Business Plan
Problem Statement
Solution to Problem
Business Model
Product and Technology
Competition
Marketing and Sales
The Team
Financial Model

5. Let’s Get it Started …
https://youtu.be/IKqV7DB8Iwg

6. Steps – 1, 2, 3, 4
An idea does not necessarily translate to a business ...
… create a business plan to bridge the two.
Build a team …
… doing it alone is not recommended.
Build momentum …
… get experts in the field to ratify and help.
Get going …
… start building in earnest.
… Incorporate. … Get Investment. … Start Selling.

7. HowwillaVCevaluateyou?

8. Startup Terms and What they Mean?
Incorporation
Shares
Paper
Money
Exit
Pivot

9. Incorporation
https://youtu.be/nSsHAambpaM

10. Building a Team
VCs invest in the team, not necessarily in the idea.
Build a ‘complete’ team – balance out your weaknesses.
Divide and conquer.
Lift up your team members, and not bring them down.

11. The Power of Teams
https://youtu.be/3YSgopGo7qE

12. What Happens to Successful Startups?
An Exit Event
• IPO
• Acquisition
Without an exit, it is all Paper Money!

13. GreatTips

14. Class Exercise

15. Class Exercise
• Introduce your Founding Team and Startup Name
• What does the Startup do (idea)?
• Pick one or two components from Business Plan template
and describe the components to class.

16. Appendix
<Backup Slides>

17. StartaStartup

18. ArtoftheStart

19. ArtoftheStart

20. ArtoftheStart

21. ArtoftheStart