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.

Class 1 E145 2018 - Henrik Scheel

195 views

Published on

Stanford Class E145

Published in: Education
  • Be the first to comment

  • Be the first to like this

Class 1 E145 2018 - Henrik Scheel

  1. 1. E145, Session #1 Intro to Silicon Valley & Team Formation Henrik Scheel Founder & CEO henrik@startupxp.com
  2. 2. Entrepreneur DK USA
  3. 3. Intro to Silicon Valley The power of networking The Startup Journey Co-founder Speed dating Next steps
  4. 4. Human progress through time You are here. Time Progress
  5. 5. Being an entrepreneur is no longer a choice
  6. 6. Entrepreneurs are always pitching
  7. 7. YOUR ELEVATOR PITCH Be prepared with a punchy, memorable statement about yourself
  8. 8. WHAT IS YOUR SUPERPOWER?
  9. 9. THE HANDSHAKE Clean hands Firm and confident Eye contact
  10. 10. Have a positive self-image
  11. 11. SMILE J And be positive!
  12. 12. What affects the audience? 7 55 38 Words (%) Voice (%) Non Verbal (%)
  13. 13. Content VS Delivery?
  14. 14. The Startup Curve Before Startup Source: Paul Graham; avc.com Time Happiness The Startup Curve Initial Enthusiasm Before Startup Source: Paul Graham; avc.com Time Happiness The Startup Curve Initial Enthusiasm Reality Sets In Before Startup Source: Paul Graham; avc.com Time Happiness The Startup Curve Initial Enthusiasm Reality Sets In TROUGH OF SORROW Before Startup Experimenting & PivotingSource: Paul Graham; avc.com Time Happiness The Startup Curve Initial Enthusiasm Reality Sets In TROUGH OF SORROW Before Startup Starts Working Experimenting & PivotingSource: Paul Graham; avc.com Time Happiness The Startup Curve Initial Enthusiasm Reality Sets In TROUGH OF SORROW Before Startup Product/ Market Fit! Starts Working Experimenting & PivotingSource: Paul Graham; avc.com Time Happiness The Startup Curve Initial Enthusiasm Reality Sets In TROUGH OF SORROW Before Startup Product/ Market Fit! Scale Starts Working Experimenting & PivotingSource: Paul Graham; avc.com Time Happiness
  15. 15. 31 Entrepreneurship... is an eXtreme sport
  16. 16. BUILDING THE RIGHT TEAM
  17. 17. 34 TEAM FORMATION Form Teams before Wednesday June 27 § 5-6 per team – who are all passionate about the project! § Make sure you have diversity: –Men and women –Different superpowers –Different countries or regions § Why diversity? –To increase your understanding about how different people (employees, investors, customers) think and make decisions –To prepare you to work in entrepreneurial teams.
  18. 18. 35 Who Are You?
  19. 19. TheHacker Strongpassionfortechnology Focusesonproductandcontrolsthebackend Specifictechnicalskills Typicallyengineeringorcomputersciencedegree
  20. 20. Can sell anything to anyone Identifies opportunities for innovative business models Breaks down any barriers Builds his/her professional network and manages it wisely Recognizes trends and sees patterns
  21. 21. The Artist Focuses on “Front-End” User Interface (UI) and User Experience (UX) Understands how design affects the user experience Creative and curious Sees many perspectives Observes with an open mind
  22. 22. Hustler Artist
  23. 23. PITCHING
  24. 24. Problem Solution Market Business Chris Lipp
  25. 25. TEAM FORMATION
  26. 26. Find your co-founders The Artist
  27. 27. And what’s your … Kryptonite? Super powers?
  28. 28. A Startup Founder • Works before the money is available • Will do ANY job proactively • Is not afraid to share ideas *ideas are cheap! • Communicates effectively *EQ • Celebrates mistakes! *failing faster is cheaper! • Intelligence, Drive & Integrity
  29. 29. Roles and responsibilities Equity ownership and vesting IP assignment
  30. 30. GOOD FOUNDERS VEST!
  31. 31. PROBLEM Fall in love with the PROBLEM ..Not your solution!!
  32. 32. You should have personal experience with the pain If you don’t then get it!
  33. 33. Global Grand Challenges
  34. 34. PAINSTORMING
  35. 35. How to get good ideas?
  36. 36. NO EXCUSES!
  37. 37. “Whether you think you can, or you think you can’t - you’re right!” Henry Ford Henrik Scheel henrik@startupxp.com Linkedin.com/in/henrikscheel Good luck with your entrepreneurial journey!

×