Lean Startup Machine NYC - July 28 (Overview Part 1)

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Lean Startup Machine NYC - July 28 (Overview Part 1)

  1. 1. Thursday, July 28, 2011
  2. 2. Tonightʼs Goals • Goals • Go outside of your comfort zone • Get to know everyone • Solidify your team & ideaThursday, July 28, 2011
  3. 3. Tips for Tonight • Use the online community/social network to brainstorm ideas • Teams form around executable ideas • Do you have a list of customers on hand that you can interview over the weekend? • What unique insight do you have into the customerʼs and userʼs problem? • How big is the potential market for this idea? • Promote yourself • What startup, technology, or founder experience do you have?Thursday, July 28, 2011
  4. 4. Team Requirements • Minimum 2 people • Maximum 6 people • Complete First Checkpoint (on dashboard) before Friday Kickoff • This means your team is finalizedThursday, July 28, 2011
  5. 5. Tips for Weekend • Wear a name tag everyday • Refer to the event dashboard • http://theleanstartupmachine.com/dashboard • CustDev people in the room and ask them for intros & tweets • Make sure youʼre doing CustDev on the right segment • By Sunday - demonstrate what youʼve learnedThursday, July 28, 2011
  6. 6. Todayʼs Schedule • 630: Pizza & Beer, just mingle • 645: Name game • 700: Half-Baked Startup • 715: Half-Baked Startup Round 2Thursday, July 28, 2011
  7. 7. Name Game • Adjective that starts with the first letter of your name • Relate that adjective to a story about you and what you do • Competition: Who can remember the most adjectives & names?Thursday, July 28, 2011
  8. 8. Half-Baked Startup • Invented by Dave McClure • Two people say random words, the third person pitches the combination as a dot com website • Most points awarded for creativity • Additional points for actual business viabilityThursday, July 28, 2011
  9. 9. Todayʼs Schedule • 730: Industry & Opportunity Analysis • 745: Group Brainstorm • 800: Group Brainstorm Round 2Thursday, July 28, 2011
  10. 10. NYC Startup Verticals • Media & Publishing - Huffington Post • Fashion - GiltGroup, Rent the Runway • Retail - Open Table, Seamless Web, Seamless Receipts • Financial Tech - SecondMarket • Advertising Tech - Quigo, Linkshare • Community-Based/Population Density - Kickstarter, Meetup • Location-Based Services - Foursquare Source: David TischThursday, July 28, 2011
  11. 11. http://techcrunch.com/2010/09/13/ron-conways-confidential-investment-guide-the-tech-megatrends/Thursday, July 28, 2011
  12. 12. Brainstorm • Groups self-assembly into different topics • 1 person designated as moderator • participants discuss and brainstorm ideas • moderatorʼs job is to decide how long to discuss each idea and when to switch to a new ideaThursday, July 28, 2011
  13. 13. Brainstorm Round 2 • 5 people, 1 captain • 3 minutes: 1 person says an idea, the group contributes and gives feedback/ideas • At the end, everyone writes favorite idea on a piece of paper • Captain tallies points, gives us piece of paper w/ winners name • At 830, Dave Tisch picks from winners at random to give feedbackThursday, July 28, 2011
  14. 14. Ideation • 815: Special Guest - Dave Tisch, Managing Director TechStars NY • What kind of ideas do you look for? • What are the trends you see in technology? • 830: Selected Pitches • 845: Q & A • 900: Wrap-upThursday, July 28, 2011
  15. 15. Friday Kickoff • Try to have your team formed before the kickoff • If you still donʼt have a team, donʼt worry organizers will work it out • Different location for Weekend: Hive at 55 - 55 Broad St. • 545: Doors Open • 600: Organizer Kickoff • 630: Teams start work • 800: Intro from Eric Ries & First Workshop • 1100: Venue closes, wrap-upThursday, July 28, 2011

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