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Talk ja ye-nuno_freitas_1set2012

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Nuno Freitas presentation on 9th JA-YE
Alumni Conference

Published in: Business, Technology
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Talk ja ye-nuno_freitas_1set2012

  1. 1. 9TH JA-YE ALUMNI CONFERENCE STARTUPINGNuno FreitasPorto, 1_September_2012 1
  2. 2. TOP 10% 2
  3. 3. OBSERVATION 3
  4. 4. OBSERVATIONHOW MANY PASSESDOES THE TEAM IN WHITE MAKE? 4
  5. 5. 5
  6. 6. WHO AM I? 6
  7. 7. 7
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  25. 25. 15
  26. 26. MYTHS ABOUT STARTUPS Let’s be honest... 16
  27. 27. STARTING A COMPANY HAS NO COSTS 17
  28. 28. STARTING A COMPANY HAS NO COSTSThe one who says this never started one! 17
  29. 29. A STARTUP RAISES MONEY WITH PASSION AND A GOOD PROJECT IN A NAPKIN 18
  30. 30. A STARTUP RAISES MONEY WITH PASSION AND A GOOD PROJECT IN A NAPKIN You will get rejected! 18
  31. 31. A STARTUP RAISES MONEY WITH PASSION AND A GOOD PROJECT IN A NAPKIN You will get rejected! 18
  32. 32. A GOOD IDEA = SUCCESS 19
  33. 33. A GOOD IDEA = SUCCESSIdea, Strategy, Timing, Execution, Team & Resilience 19
  34. 34. 20
  35. 35. PRODUCTPEOPLECAPITALFAILING 21
  36. 36. PRODUCTPEOPLECAPITALFAILING 22
  37. 37. 23
  38. 38. ASK THE RIGHT QUESTIONS? “Computers are no good! They just give you answers” Pablo Picasso 24
  39. 39. The one who knows how to dothings right will always be a good worker 25
  40. 40. BUT THE ONE WHO KNOWS WHY? WILL ALWAYS BE HIS BOSS The one who knows how to do things right will always be a good worker 25
  41. 41. Tell a Story 26
  42. 42. 27
  43. 43. We are equal in Time Time as themost valuable asset 28
  44. 44. PRODUCTPEOPLECAPITALFAILING 29
  45. 45. Always hire peoplethat are better thanyou! 30
  46. 46. HOW MANY? 2 OR + 31
  47. 47. HOW MANY? 2 OR + 3 OR - 31
  48. 48. etics = values =product = skills ≠ 32
  49. 49. 33
  50. 50. NETWORK 34
  51. 51. PRODUCTPEOPLECAPITALFAILING 35
  52. 52. FRIENDSFAMILYFOOLS 36
  53. 53. Bootstrap Venture Backed Control Time to MarketDistractionsOwnership 37
  54. 54. ANINVESTOR IS NOT YOUR FRIEND 38
  55. 55. ANINVESTOR IS NOT YOUR ENEMY 39
  56. 56. CASH-FLOW 40
  57. 57. PRODUCTPEOPLECAPITALFAILING 41
  58. 58. 51943“I think there is a world market formaybe five computers.”Thomas Watson, chairman of IBM 42
  59. 59. 51943“I think there is a world market formaybe five computers.”Thomas Watson, chairman of IBM1949 1.5“Computers in the future mayweigh no more than 1.5 tons.”Popular Mechanics 42
  60. 60. NO1977“There is no reason anyone wouldwant a computer in their home.”Ken Olson, founder of Digital Equipment Corp. 43
  61. 61. 1977“There is no reason anyone wouldwant a computer in their home.”Ken Olson, founder of Digital Equipment Corp. NO2007“There’s no chance the iPhone isgoing to get any significant marketshare. No chance.”Steve Ballmer, MSFT CEO 2007 43
  62. 62. Start a bad business 44
  63. 63. Start a badWrite a bad business book 45
  64. 64. Start a bad Write a badCreate a bad business book app 46
  65. 65. Start a bad Write a badCreate a bad business bookGive a bad app Talk 47
  66. 66. Start a bad Write a bad Create a bad businessByGivebookwill have the end of that bad a you app Talk 48
  67. 67. Started a Write a badCreate a bad business bookGive a bad app Talk 49
  68. 68. Written aCreate a bad bookGive a bad app Talk 50
  69. 69. Created anGive a bad app Talk 51
  70. 70. Given a Talk 52
  71. 71. 53
  72. 72. THERE IS ONLY 1DIFFERENCE BETWEEN APRO AND AN AMATEUR 54
  73. 73. THERE IS ONLY 1DIFFERENCE BETWEEN APRO AND AN AMATEURTHE PRO IS AN AMATEUR WHO DIDN’T QUIT! 55
  74. 74. 56
  75. 75. 57
  76. 76. 10 KEY POINTS 58
  77. 77. #1Your  project  will  be  REJECTED  and  you  will  want  to  QUIT 59
  78. 78. #2Know what criticisms to IGNORE and toACCEPT (and USE) 60
  79. 79. #3  Search  for  MENTORS  and  ALLIES 61
  80. 80. #4IDEAS  need  FOLLOWERS  to  BREATH 62
  81. 81. #5A  STARTUP  doesn’t  have  to  be  TECHNOLOGIC 63
  82. 82. #6Don’t  FOLLOW  your  dreams,  RUN  aOer  them! 64
  83. 83. #7Focus  on  the  PROBLEM  and  not  on  the  SOLUTION 65
  84. 84. #7Focus  on  the  PROBLEM  and  not  on  the  SOLUTION 66
  85. 85. #8If  you’re  not  embarrassed  when  youship  the  first  version,  YOU  WAITED  TOO  LONG! MATT MULLENWEG, FOUNDER OF WORDPRESS 67
  86. 86. #9SAY  NO! 68
  87. 87. #10Make  mistakes,But  keep  low  your  FAILURE  COSTS 69
  88. 88. #11WORK  to  make  your  DREAMS  come  true 70
  89. 89. #EXTRAMake  people  Smile 71
  90. 90. 72
  91. 91. THANK YOU!facebook.com/nunofreitas nuno.freitas@sketchpixel.comnuno.freitas@spiritocupcakes.com www.sketchpixel.comwww.spiritocupcakes.com www.storeagent.com www.mezzostudio.com (soon) 73

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