BU E-Club Talk

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A talk at the Boston University Entrepreneurship Club title 'Intro to Internet Startups in 2013'

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BU E-Club Talk

  1. 1. Intro to Internet Startups in 2013 Connor McEwen
  2. 2. DAFUQ U KNO? How computers work (almost) Started Credport, went through Summer@Highland and Startupbootcamp Berlin I read a lot of stuff on the internet
  3. 3. STARTUPS Someone starting a company, right?
  4. 4. NO Law firms Doctors Food trucks Maids etc...
  5. 5. YES
  6. 6. STARTUPS An organization formed to search for a repeatable and scalable business model -Steve Blank
  7. 7. STARTUPS A product, not a service Exponential Growth
  8. 8. SCALEABLE Less HardHard
  9. 9. INTERNETZ
  10. 10. WHICH MEANS Cool? Yes Venture Fundable? No
  11. 11. INVESTMENT Spend some money now, make way more later
  12. 12. INVESTMENT
  13. 13. INVESTMENT
  14. 14. FACEBOOK 1. Get everyone to use Facebook 2. Show them ads 3. Profit
  15. 15. AMAZON 1. Get people to buy stuff on Amazon 2.Take a percentage of the sales 3. Profit
  16. 16. INVESTORS PeterThiel $500k into Facebook $446M out of Facebook 20122004 900x, scheiss
  17. 17. WHY START?
  18. 18. FALSE You’re not going to make money THIS IS NOT YOU
  19. 19. SO WHY?
  20. 20. SO WHY?
  21. 21. SO WHY?
  22. 22. SO WHY?
  23. 23. SRSLY Just start something
  24. 24. I CAN’T I don’t know how!
  25. 25. FALSE Start learning
  26. 26. I CAN’T I don’t have an idea!
  27. 27. FALSE Help someone who does
  28. 28. OUR IDEA
  29. 29. BUT... Not important Important
  30. 30. IDEAS Think about stuff you like Talk to your friends Read stuff
  31. 31. STARTING Read Hacker News
  32. 32. STARTING Get onTwitter
  33. 33. STARTING Read Blogs
  34. 34. READY?
  35. 35. CUSTOMERS
  36. 36. TOOLS
  37. 37. CO-FOUNDERS Great, but not necessary
  38. 38. CODING Great, but not necessary
  39. 39. PRODUCT Something people want Definitely necessary
  40. 40. HELP Project/hacking meetups? The internet
  41. 41. THANKS Thanks for listening
  42. 42. HIT ME UP connor.mcewen@gmail.com @connormcewen 419-344-3697 bustartups.com

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