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StartupWeekend Amman @ZAINJO business model innovation and secrets of succesful startups

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StartupWeekend Amman @ZAINJO about business model innovation and secrets of succesful startups

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StartupWeekend Amman @ZAINJO business model innovation and secrets of succesful startups

  1. 1. @alkarmi#SWAmman @zainjo #Amman #JO #Jordan Jun 2014 Lean Startup Weekend 101
  2. 2. Business Model Innovation
  3. 3. Secrets of successful startups
  4. 4. Entrepreneur ?
  5. 5. 5 Feel Free to reach out@alkarmi Mentor Founding Partner Advisor Entrepreneurship & Investment 100+ hour Mentorship /Year
  6. 6. 6 GEMINI Inside
  7. 7. 21 Business Schools teach OUTDATEDStartup tools
  8. 8. 22 “Valley of Death” Research Grants Development Grants (eg SBIR) Friends, Family, & Founders ($5-$50k) Angel Investors ($50-$500k) Funding Early Stage Venture Capital ($500k-$2M+) Venture Capital ($2M-$50M) Private Equity, Project Financing ($2M-$50M) IPO, Merger, or Acquisition ($2M-$50M) Stage of Venture Development Idea Basic Research Applied Research Proof of Concept Target Market Business Plan Engineering Prototypes Supplier Contracts Product Introduction Revenue Growth Production Prototypes Distribution Contracts Working Prototypes Founding Team Net Cash Flow ➡ > 95% of startups fail ➡ VCs fund 1% of submitted biz plans
  9. 9. I have some
  10. 10. U’re Product A Product
  11. 11. is ? U’re Product
  12. 12. Business Model
  13. 13. 2007
  14. 14. 2008
  15. 15. Uberization
  16. 16. Remove the fluff
  17. 17. 33
  18. 18. Out of the building ! GET
  19. 19. HOW long is your Runway ? 54 Hours !

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