Roundtable: Startups in Vietnam. Share Experiences, lessons learned and tips for starting companies. By IDGVV

1. 1
START-UPS
Barcamp Saigon1

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AGENDA
l Direction when building and running
l Shortage and Oversupply
l Should-avoid path

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Direction
l Vision and mission
l Market opportunities
l Understanding the market
l Red ocean or Blue ocean

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MAJOR CRITERIA

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A product, service vs. A
business:

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Management: Talented
individual >< Teamwork

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Target market: RED OCEAN

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Target market: BLUE
OCEAN

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Market segment
Is she or he my customer?

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Operation and financial
management

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Market always changes

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LACKS AND REDUNDANCIES

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LACK OF MISSION STATEMENT
l This statement
sets the tone not
only for your
business plan, but
also for your
company and acts
as a guiding
principle for
company actions.

14. 14
LACK OF MARKET OPPORTUNITIES

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NOT UNDERSTANDING THE MARKET
!!!

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LACK OF A TEAM WITH
COMPLEMENTARY COMPETENCES

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LACK OF ABILITY TO EXECUTE

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REDUNDANCIES

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REDUNDANCY IN ENERGY

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NEW CHANCES TO TAKE

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REDUNDANCY IN IDEAS

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BUT GIVEN THE REDUNDANCIES
REDUNDANCIES BECOME LACKS

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PLANNED Cost
PLANNED
Competitors
REAL Revenue
REAL Market
IDEAS VERSUS EXECUTION
l Bad ideas: FREE OF CHARGE
l Good ideas: 3$ A DOZEN
PLANNED Revenue
PLANNED Market size
Real Cost
Real Competitors

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DANGEROUS THOUGHTS
l An excellent individual can replace A good team.
l A big part in a small pie more valuable than a small part
of a big pie.
l They make it a success so can I.
l If none has been successful than the chance is mine.
l I am only a small amount of money away from success.
l Keep company information secret, even with your
investor.
l Don’t listen to your clients/customers

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THANK YOU AND WISH
YOU SUCCESSES