Startup lessons learned presentation
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This is the slide deck from a presentation given in Edmonton Alberta during a startup weekend event.
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Startup lessons learned presentation
- 1. Lessons learned from a Attassa The company we started in edmonton, Moved to seattle, Then sold to Silicon Valley – Yousenditinc
- 2. Attassa’s life “sort of “ started in edmonton Built a prototype Raised money from valley investor Thrashed trying to find product/market fit for 3 years Were acquired by Yousenditin December of 2010
- 3. Look for pain … not a nail for your hammer.
- 4. Have a long term vision, but only a 1 month plan. Anything more and anyone with a clue will think you’re a fool.
- 5. Quit your day job and focus. “Irons in the fire” are for losers.
- 6. If you can’t be selfless.You shouldn’t do it
- 7. Knowing when to *pivot* is hard
- 8. Take on as little $ …as humanly possible
- 9. “You can work remote in the age of the internet”BULL SHIT!!!!!
- 10. Investors are not all knowing.
- 11. Move to where your biz is.Often, but not always, this means the valley.
- 12. Advisors are gold. So is anyone willing to chat about your biz.
Editor's Notes
- Focus on pain. Not technology (mobile app).Focus on something YOU like NOONE is a visionary
- You simply have no idea where you’ll be. Keep things as lean as possible along the way.
- Quit your job == commitment like those diet thingsFocus is # 1. Time … not $ is the biggest resource.
- You’ll probably have to give up controlYou’ll have to ask for helpYou’ll be responsible to investors, customers, and employees
- We sucked at this. Not sure what the answer to this is.We pivoted monthly
- Traunches suck.You simply don’t know your capital plansBehind the 8 ball
- No one there for small victories.It’s hard. All conversations over lunch in passing. Plus … it’s just fun
- They’re just guessing like you.You live eat and breath your startup.Zumo story
- Wasn’t until rod was in sf
- Talk to people all the time.Hard for us nerds