Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Ch02 Idea Venture

918 views

Published on

Published in: Business, Technology
  • Be the first to comment

Ch02 Idea Venture

  1. 1. Ideas and Starting the Venture Arry Akhmad Arman School of Electrical Engineering and Informatics Institut Teknologi Bandung, Indonesia Email: arman@kupalima.com Website: http://www.kupalima.com Blog: http://kupalima.wordpress.com Award: DAAD‐Fraunhofer Technopreneur Award 2004 Last update: October 2008 Arry Akhmad Arman | School of Electrical Engineering and Informatics ITB | 2008
  2. 2. Where do ideas come from? • Your experience/background • Things you like to do • Things you’re good at you re • Your current company • Peers and friends • Brainstorming Arry Akhmad Arman | School of Electrical Engineering and Informatics ITB | 2008
  3. 3. Arry Akhmad Arman | School of Electrical Engineering and Informatics ITB | 2008
  4. 4. How to check your idea? y • Does it solve a problem? • Do people value it? (gain) • Does it – save money? – improve q p quality? y – make things better? – improve convenience? – provide entertainment? – is it enough of a change? Arry Akhmad Arman | School of Electrical Engineering and Informatics ITB | 2008
  5. 5. Evaluating the idea g • Do you have experience? – Worked for a company in the industry? – Been a customer? – A serious hobby? – Management experience • Is it a business (can you make a profit)? • Can you get it funded? Will people invest? • Amount of money needed to fund Arry Akhmad Arman | School of Electrical Engineering and Informatics ITB | 2008
  6. 6. Risk Factors! Mana- gement Risk Market Financial Risk Risk Risk Factors •Funding •Profits Product Risk Custome Product r Risk Risk Arry Akhmad Arman | School of Electrical Engineering and Informatics ITB | 2008
  7. 7. Some good past ideas! g p • Pet GPS system • Note taking service • Privacy debit card • Online university used text books • Senior citizen internet training • Boat washing • Well drilling soft are software • Beading store Arry Akhmad Arman | School of Electrical Engineering and Informatics ITB | 2008
  8. 8. Some good past ideas! [2] g p [ ] • Amanda Brownies kukus • T‐shirt C59 • J co J’co donut • Layanan cetak digital Arry Akhmad Arman | School of Electrical Engineering and Informatics ITB | 2008
  9. 9. And some not-too-good ones g • Telecom address book service • Integrated DVD, MP3, etc music device • African‐American hair products • Nation‐wide computer service Arry Akhmad Arman | School of Electrical Engineering and Informatics ITB | 2008
  10. 10. Myth y Sell the way people are used to buying Success story: Dell, E-Commerce, Ebay Arry Akhmad Arman | School of Electrical Engineering and Informatics ITB | 2008
  11. 11. Starting the Venture g People Relation Money -ship Staring Account -ing ing the Idea Venture Market Legal Stock Arry Akhmad Arman | School of Electrical Engineering and Informatics ITB | 2008
  12. 12. Starting the Venture: People g p People Relation -ship Money • expertise ti Staring • shared values Account t e the Idea • complementary l -ing ing Venture skills Market k Legal l Stock Arry Akhmad Arman | School of Electrical Engineering and Informatics ITB | 2008
  13. 13. Starting the Venture: Money People Relation -ship Money • Uses of funds Staring • Sources of funds Account the Idea -ing Venture • Biz plan • Presentation Market Legal Stock Arry Akhmad Arman | School of Electrical Engineering and Informatics ITB | 2008
  14. 14. Starting the Venture: Idea People Relation -ship Money • written Staring • mini market Account -ing the Venture Idea research Market Legal Stock Arry Akhmad Arman | School of Electrical Engineering and Informatics ITB | 2008
  15. 15. Starting the Venture: Legal People • Incorporation Relation -ship Money • Shareholders agreement Staring • Name Account the Idea -ing Venture • Board of directors, officers • Act as a “real” Market Legal company Stock Arry Akhmad Arman | School of Electrical Engineering and Informatics ITB | 2008
  16. 16. Starting the Venture: Stock/Ownership k/ h People Relation -ship Money Account Staring the Idea • Stock or Ownership -ing Venture Market Legal Stock Arry Akhmad Arman | School of Electrical Engineering and Informatics ITB | 2008
  17. 17. Starting the Venture: Market People • Bi cards, l tt h d Biz d letterhead Relation -ship Money • Market assessment Account Staring • Some idea of the Idea -ing Venture value/price Market Legal Stock Arry Akhmad Arman | School of Electrical Engineering and Informatics ITB | 2008
  18. 18. Starting the Venture: Accounting People Relation Money • Some bookkeeping -ship • Tax ID, file taxes • Expenses Staring Account -ing the Idea • Bank account Venture Market Legal Stock Arry Akhmad Arman | School of Electrical Engineering and Informatics ITB | 2008
  19. 19. Starting the Venture: Relationship People Relation -ship Money • Lawyer • Accountant Staring • Bank Account the Idea -ing Venture • Advisors • Board of directors Market Legal Stock Arry Akhmad Arman | School of Electrical Engineering and Informatics ITB | 2008
  20. 20. Thank you y THIS SLIDES CAN BE DOWNLOADED IN http://www.slideshare.net/kupalima Stanford University, San-Francisco, 2001 Comparative Study For Software Industry Development in Indonesia Arry Akhmad Arman | School of Electrical Engineering and Informatics ITB | 2008

×