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Startups:	
  Start	
  Here	
  
by	
  jeffreylgoode@gmail.com	
  
7/29/14	
  
The	
  Wrong	
  Way	
  
!   Idea	
  1:	
  Apply	
  the	
  Field	
  of	
  Dreams	
  approach,	
  “If	
  we	
  build	
  it,	
  they	
  
will	
  come!”	
  –	
  similar	
  to	
  reference	
  in	
  1989	
  Movie,	
  Field	
  of	
  Dreams	
  
!   Idea	
  2:	
  Assume	
  that	
  as	
  a	
  software	
  developer	
  you	
  can	
  start	
  and	
  
run	
  a	
  software	
  company	
  –	
  debunked	
  by	
  the	
  E-­‐Myth	
  series	
  of	
  
business	
  books	
  
!   Idea	
  3:	
  Assume	
  that	
  getting	
  a	
  catchy	
  web	
  address,	
  trademarking	
  
the	
  name	
  and	
  incorporating	
  your	
  company	
  name	
  will	
  move	
  you	
  
toward	
  success	
  –	
  attempted	
  many	
  times	
  by	
  yours	
  truly	
  
!   Idea	
  4:	
  	
  Assume	
  that	
  since	
  a	
  company	
  has	
  raised	
  millions	
  of	
  $	
  in	
  
venture	
  capital	
  that	
  the	
  business	
  idea	
  must	
  be	
  a	
  good	
  one	
  –	
  
debunked	
  by	
  yours	
  truly	
  
The	
  Right	
  Way	
  
From	
  Diana	
  Kander	
  (2014-­‐06-­‐30).	
  All	
  In	
  Startup:	
  Launching	
  a	
  
New	
  Idea	
  When	
  Everything	
  Is	
  on	
  the	
  Line	
  (p.	
  xvii).	
  Wiley.	
  
Kindle	
  Edition.	
  	
  Invest	
  $11	
  in	
  the	
  Kindle	
  version	
  to	
  discover:	
  
!   IDEA	
  1:	
  Startups	
  are	
  about	
  finding	
  customers,	
  not	
  building	
  
products	
  
!   IDEA	
  2:	
  People	
  don’t	
  buy	
  products	
  or	
  services;	
  they	
  buy	
  
solutions	
  to	
  their	
  problems	
  
!   IDEA	
  3:	
  Entrepreneurs	
  are	
  detectives,	
  not	
  fortunetellers	
  
!   IDEA	
  4:	
  Successful	
  entrepreneurs	
  are	
  luck	
  makers,	
  not	
  risk	
  
takers	
  
Furthering	
  Your	
  
Education	
  
! https://www.udacity.com/course/ep245	
  	
  
! http://theleanstartup.com/	
  	
  
! http://www.amazon.com/The-­‐E-­‐Myth-­‐Revisited-­‐Small-­‐
Businesses/dp/0887307280	
  	
  

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Startups: Start Here

  • 1. Startups:  Start  Here   by  jeffreylgoode@gmail.com   7/29/14  
  • 2. The  Wrong  Way   !   Idea  1:  Apply  the  Field  of  Dreams  approach,  “If  we  build  it,  they   will  come!”  –  similar  to  reference  in  1989  Movie,  Field  of  Dreams   !   Idea  2:  Assume  that  as  a  software  developer  you  can  start  and   run  a  software  company  –  debunked  by  the  E-­‐Myth  series  of   business  books   !   Idea  3:  Assume  that  getting  a  catchy  web  address,  trademarking   the  name  and  incorporating  your  company  name  will  move  you   toward  success  –  attempted  many  times  by  yours  truly   !   Idea  4:    Assume  that  since  a  company  has  raised  millions  of  $  in   venture  capital  that  the  business  idea  must  be  a  good  one  –   debunked  by  yours  truly  
  • 3. The  Right  Way   From  Diana  Kander  (2014-­‐06-­‐30).  All  In  Startup:  Launching  a   New  Idea  When  Everything  Is  on  the  Line  (p.  xvii).  Wiley.   Kindle  Edition.    Invest  $11  in  the  Kindle  version  to  discover:   !   IDEA  1:  Startups  are  about  finding  customers,  not  building   products   !   IDEA  2:  People  don’t  buy  products  or  services;  they  buy   solutions  to  their  problems   !   IDEA  3:  Entrepreneurs  are  detectives,  not  fortunetellers   !   IDEA  4:  Successful  entrepreneurs  are  luck  makers,  not  risk   takers  
  • 4. Furthering  Your   Education   ! https://www.udacity.com/course/ep245     ! http://theleanstartup.com/     ! http://www.amazon.com/The-­‐E-­‐Myth-­‐Revisited-­‐Small-­‐ Businesses/dp/0887307280