10 point checklist to help a start up -- wish i knew this 10 years ago.

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10point
checklist for
start-ups
to fly

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why a
start up?
There is a real,
perceived or cultivated
need not being
addressed by the
current market
1
make it personal – why do you want to address this need!

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problem to
solve
Uncover all the salient
characteristics of the
2 realproblem

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solution
hypothesis
Hypothesis the solution
to the complete problem;
transcend requirements;
don’t compromise
3

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business
canvas
Develop a simple
business canvas –
Ask...is this a viable
business?
see Business Canvas template on next page
4

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iterate
Through simple, fast
and inexpensive
experiments, validate
your hypothesis,
solution and business
model
5

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MVP
minimum viable product
Develop your MVP...
a product that addresses
key elements of the need,
Message - people buy why
you do it, not what you do
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increment
Incrementally add
functions to your product.
Don’t loose sight to the
real problem
gain 5% of your market share
7

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expand
fast
It s time to raise capital
and expand
fast, fast, fast …
now it is all about
speed to the market
8

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new
markets
Expand and grow
your market
size..
look beyond the oceans
9

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celebrate
Don’t forget why
you worked sooo hard
for all these years.
Then do it again-
coz it is in you!
10
just remember - we are work to enhance progress and justice, not for
privilege and prestige

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Good
Luck
Prepared by:
Jason Uppal, P.Eng.
Jason.uppal@iCareQuality.org