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Start it Accelerate
Start it Accelerate | Start it @KBC
Building Business as Usual
vs Business as Unusual
Gentrepeneur Day
29 nov 22
Ludo Dhelft
What kind of business are you starting?
The Lean Startup | slide 3
ㄱ Business as Usual
Business as Usual
The Lean Startup | slide 4
ㄱ Validated business model
Business as Usual
Clear Road
A lot of organisations that will help you
Known Business Model
NACE bel code
Business Plan
Including Financial plan
The Lean Startup | slide 5
Business as Usual
ㄱ Business Plan
ㄱ Loan application
The Lean Startup | slide 6
Business as Usual | Not so complex to fund
ㄱ
The Lean Startup | slide 7
What kind of business do you want to start?
ㄱ Business as UNusual (innovative startup)
The Lean Startup | slide 8
| slide 8
Business as UNusual
Dark Road
Not a clear path to do business
Difficult to get funded
Not bankable yet
Experimentation phase
Still pivoting
The Lean Startup | slide 10
Complex stage-gated funding mix
ㄱ Building up trust & proof
The Lean Startup | slide 11
| slide 11
| slide 12
Required?
What do you think?
No?
The Lean Startup | slide 14
Yes?
The Lean Startup | slide 15
Founders develop strong entrepreneurial survival skills…
The Lean Startup | slide 16
…as startups face a lot of challenges
The Lean Startup | slide 17
Startups need to master the skills of value creation and capturing
and bootstrapping!
The Lean Startup | slide 18
Product/Market fit is the validation stage. Without a positive
outcome you shouldn’t start scaling!
The Lean Startup | slide 19
The Lean startup methodology
ㄱ Favours experimentation over elaborate planning
ㄱ customer feedback over intuition,
ㄱ and iteration over traditional ‘big design upfront’ development
ㄱ prioritises the speed of customer validated learning above all
An MVP (Minimum Viable Product) is an experiment that tests a critical, falsifiable hypothesis of
your business. A prototype MVP is still a throwaway experimentation tool. Not your first version of
the product!
The Lean Startup | slide 20
“If you’re not embarrassed by the first
prototype of your product, you’ve
launched too late.”
The Lean Startup | slide 21
Reid Hoffman -
co-founder Linkedin
Why customer development
and experimentation is key
The Lean Startup
Key takeaways from the Lean Startup
The Lean Startup | slide 23
ㄱ Ideas are worth nothing
- you need to build a business model to seize the opportunity
ㄱ It takes time to discover a business model that works
- Learning and experimentation is key!
ㄱ Focus on customers and their needs
- Go out and test the market as soon as possible
ㄱ At all times you need to manage your downside risk
- Bootstrap your resources and make your potential loss affordable
List the assumptions
ASSUMPTION
The Lean Startup | slide 24
KNOWLEDGE
Prioritise the assumptions
ASSUMPTION
KNOWLEDGE
ESSENTIAL
The Lean Startup | slide 25
NOT ESSENTIAL
Prioritise the assumptions
ASSUMPTION
KNOWLEDGE
ESSENTIAL
The Lean Startup | slide 26
NOT ESSENTIAL
Prioritise the assumptions
ASSUMPTION
KNOWLEDGE
ESSENTIAL
The Lean Startup | slide 27
NOT ESSENTIAL
LEAP OF FAITH
Test card
BUILD
LEARN
MEASURE
The Lean Startup | slide 28
Learning card
BUILD
LEARN
MEASURE
The Lean Startup | slide 29
What do you think they learned / validated by going out to the
market that soon (without a working product)?
ㄱ A lot of interest! Especially from professional gardeners
- pivot from B2C to B2B business model
- pivot in product development!
ㄱ pricing elasticity
- price is not an issue for businesses, but it is for consumers
ㄱ market study on the biggest needs per region
- where to set up dealerships!
- new use cases (sport infrastructure - golf, football)
ㄱ Interest from big investors
- got their insights and views on product opportunities and the market
ㄱ Contacted by potential competitors to partner up
- there might be a profitable business here to just bring the technology to the market
ㄱ Sales pipeline and partnership building
The Lean Startup | slide 39
| slide 40
The program | slide 41
How To… Lean Startup &
Search for Growth
The business model canvas / lean canvas
The Lean Startup | slide 43
Focus on value creation
The Lean Startup | slide 44
The sweet spot of innovation
The Lean Startup | slide 45
| slide 46
What happens if a lot of people want it?
| slide 47
| slide 48
| slide 49
| slide 50
| slide 51
| slide 51
Key activities
Key partners
Key resources
Start it Accelerate
Start it Accelerate | Start it @KBC
Building Business as Unusual
Discovery deck
| slide 53
Our Mission
Start it @KBC is a unique startup accelerator.
We are mission driven, supporting the courageous ones in their passion and story.
Curiosity is what drives us.
We are always searching for innovations that can make this world a better place. No matter in
which market or stage a startup is in.
As such we create a new breed of leading entrepreneurs.
Our aim is to grow their business and we connect entrepreneurs to our network to strengthen
their story.
Because…if our founders realize their dream, we realize ours as well.
Together, building business as unusual.
The program
12 month booster
54
Our offering…
| slide 56
ㄱ A year long program
ㄱ Free workspace
ㄱ Awesome academy
ㄱ Personal coaching
ㄱ Incredible ecosystem
ㄱ Partners, friends and network
ㄱ Access to GAN-perks
ㄱ Media opportunities
ㄱ accelerate: focusing on assessing the baseline,
OKR installment, and first introductions ; 4hrs coaching/month
ㄱ boardroom: check-in with an expert board
ㄱ grow: expanding the network
mentoring & experts ; 2 hrs coaching/month
ㄱ mature: 1 hr check-in/month and prepare to
fly!
BOOTCAMP … BOARDROOM
A year long program: milestones
APPLY
CHECK-IN
… BOARDROOM
grow
…
… GRADUATION
mature
networking nights
start it café
connect X
Lode Late Night
PITCH
accelerate
| slide 57
Free workspace
| slide 58
BELGIUM
ㄱ Antwerp
ㄱ Brussels
ㄱ Ghent
ㄱ Hasselt
ㄱ Kortrijk
ㄱ Leuven
ㄱ Liège
THE STATES
ㄱ New York
EUROPE
ㄱ Budapest (HU)
ㄱ Győr (HU)
ㄱ Prague (TE)
ㄱ London (UK)
Awesome academy
ㄱ Mandatory tailormade sessions: one to two days/month
ㄱ Recommended sessions: extra value à volonté
ㄱ Expert in the cloud/on the floor: 1-1 with experts
| slide 59
Personal coaching
ㄱ Unified coaching method | Start it Up Maturity Model
ㄱ 4/2/1 approach
ㄱ Sounding Board (think/decide/do)
ㄱ Applying a 360° view
ㄱ You as a founder & Your startup (building your business)
ㄱ Accountability (OKRs)
ㄱ Matchmaker for mentors and partners
ㄱ Ecosystem SPOC
| slide 60
Incredible ecosystem
| slide 60
partner networfi
providing expertise
mentor networfi
for founder challenges
YOU
your personal business coach &
Start it @KBC team
alumni founders
Partners, Friends & Network
| slide 61
+2.000
startup founders
pay it forward
+50
partners
supporting your startup in
building your business
+170
mentors
supporting you as a founders
on your journey
and many, many more
Some examples…
Pursuit Femmes | Wave Spring 2021
| slide 63
Some examples…
Pursuit Femmes | Wave Spring 2021
| slide 64
Is it you we’re looking for?
ㄱ Enthusiastic
ㄱ Open minded
ㄱ Committed
ㄱ All sectors
ㄱ Ambitious ideas
ㄱ Potential to scale
Innovation that drives the world
and making a positive
contribution to the world &
mankind
| slide 65

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Gentrepreneur DAY: Groeien als student-ondernemer

  • 1.
  • 2. Start it Accelerate Start it Accelerate | Start it @KBC Building Business as Usual vs Business as Unusual Gentrepeneur Day 29 nov 22 Ludo Dhelft
  • 3. What kind of business are you starting? The Lean Startup | slide 3 ㄱ Business as Usual
  • 4. Business as Usual The Lean Startup | slide 4 ㄱ Validated business model
  • 5. Business as Usual Clear Road A lot of organisations that will help you Known Business Model NACE bel code Business Plan Including Financial plan The Lean Startup | slide 5
  • 6. Business as Usual ㄱ Business Plan ㄱ Loan application The Lean Startup | slide 6
  • 7. Business as Usual | Not so complex to fund ㄱ The Lean Startup | slide 7
  • 8. What kind of business do you want to start? ㄱ Business as UNusual (innovative startup) The Lean Startup | slide 8
  • 10. Business as UNusual Dark Road Not a clear path to do business Difficult to get funded Not bankable yet Experimentation phase Still pivoting The Lean Startup | slide 10
  • 11. Complex stage-gated funding mix ㄱ Building up trust & proof The Lean Startup | slide 11
  • 13. | slide 12 Required? What do you think?
  • 14. No? The Lean Startup | slide 14
  • 15. Yes? The Lean Startup | slide 15
  • 16. Founders develop strong entrepreneurial survival skills… The Lean Startup | slide 16
  • 17. …as startups face a lot of challenges The Lean Startup | slide 17
  • 18. Startups need to master the skills of value creation and capturing and bootstrapping! The Lean Startup | slide 18
  • 19. Product/Market fit is the validation stage. Without a positive outcome you shouldn’t start scaling! The Lean Startup | slide 19
  • 20. The Lean startup methodology ㄱ Favours experimentation over elaborate planning ㄱ customer feedback over intuition, ㄱ and iteration over traditional ‘big design upfront’ development ㄱ prioritises the speed of customer validated learning above all An MVP (Minimum Viable Product) is an experiment that tests a critical, falsifiable hypothesis of your business. A prototype MVP is still a throwaway experimentation tool. Not your first version of the product! The Lean Startup | slide 20
  • 21. “If you’re not embarrassed by the first prototype of your product, you’ve launched too late.” The Lean Startup | slide 21 Reid Hoffman - co-founder Linkedin
  • 22. Why customer development and experimentation is key The Lean Startup
  • 23. Key takeaways from the Lean Startup The Lean Startup | slide 23 ㄱ Ideas are worth nothing - you need to build a business model to seize the opportunity ㄱ It takes time to discover a business model that works - Learning and experimentation is key! ㄱ Focus on customers and their needs - Go out and test the market as soon as possible ㄱ At all times you need to manage your downside risk - Bootstrap your resources and make your potential loss affordable
  • 24. List the assumptions ASSUMPTION The Lean Startup | slide 24 KNOWLEDGE
  • 25. Prioritise the assumptions ASSUMPTION KNOWLEDGE ESSENTIAL The Lean Startup | slide 25 NOT ESSENTIAL
  • 26. Prioritise the assumptions ASSUMPTION KNOWLEDGE ESSENTIAL The Lean Startup | slide 26 NOT ESSENTIAL
  • 27. Prioritise the assumptions ASSUMPTION KNOWLEDGE ESSENTIAL The Lean Startup | slide 27 NOT ESSENTIAL LEAP OF FAITH
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  • 40. What do you think they learned / validated by going out to the market that soon (without a working product)? ㄱ A lot of interest! Especially from professional gardeners - pivot from B2C to B2B business model - pivot in product development! ㄱ pricing elasticity - price is not an issue for businesses, but it is for consumers ㄱ market study on the biggest needs per region - where to set up dealerships! - new use cases (sport infrastructure - golf, football) ㄱ Interest from big investors - got their insights and views on product opportunities and the market ㄱ Contacted by potential competitors to partner up - there might be a profitable business here to just bring the technology to the market ㄱ Sales pipeline and partnership building The Lean Startup | slide 39
  • 42. The program | slide 41 How To… Lean Startup & Search for Growth
  • 43. The business model canvas / lean canvas The Lean Startup | slide 43
  • 44. Focus on value creation The Lean Startup | slide 44
  • 45. The sweet spot of innovation The Lean Startup | slide 45
  • 47. What happens if a lot of people want it? | slide 47
  • 52. | slide 51 Key activities Key partners Key resources
  • 53. Start it Accelerate Start it Accelerate | Start it @KBC Building Business as Unusual Discovery deck
  • 54. | slide 53 Our Mission Start it @KBC is a unique startup accelerator. We are mission driven, supporting the courageous ones in their passion and story. Curiosity is what drives us. We are always searching for innovations that can make this world a better place. No matter in which market or stage a startup is in. As such we create a new breed of leading entrepreneurs. Our aim is to grow their business and we connect entrepreneurs to our network to strengthen their story. Because…if our founders realize their dream, we realize ours as well. Together, building business as unusual.
  • 55. The program 12 month booster 54
  • 56. Our offering… | slide 56 ㄱ A year long program ㄱ Free workspace ㄱ Awesome academy ㄱ Personal coaching ㄱ Incredible ecosystem ㄱ Partners, friends and network ㄱ Access to GAN-perks ㄱ Media opportunities
  • 57. ㄱ accelerate: focusing on assessing the baseline, OKR installment, and first introductions ; 4hrs coaching/month ㄱ boardroom: check-in with an expert board ㄱ grow: expanding the network mentoring & experts ; 2 hrs coaching/month ㄱ mature: 1 hr check-in/month and prepare to fly! BOOTCAMP … BOARDROOM A year long program: milestones APPLY CHECK-IN … BOARDROOM grow … … GRADUATION mature networking nights start it café connect X Lode Late Night PITCH accelerate | slide 57
  • 58. Free workspace | slide 58 BELGIUM ㄱ Antwerp ㄱ Brussels ㄱ Ghent ㄱ Hasselt ㄱ Kortrijk ㄱ Leuven ㄱ Liège THE STATES ㄱ New York EUROPE ㄱ Budapest (HU) ㄱ Győr (HU) ㄱ Prague (TE) ㄱ London (UK)
  • 59. Awesome academy ㄱ Mandatory tailormade sessions: one to two days/month ㄱ Recommended sessions: extra value à volonté ㄱ Expert in the cloud/on the floor: 1-1 with experts | slide 59
  • 60. Personal coaching ㄱ Unified coaching method | Start it Up Maturity Model ㄱ 4/2/1 approach ㄱ Sounding Board (think/decide/do) ㄱ Applying a 360° view ㄱ You as a founder & Your startup (building your business) ㄱ Accountability (OKRs) ㄱ Matchmaker for mentors and partners ㄱ Ecosystem SPOC | slide 60
  • 61. Incredible ecosystem | slide 60 partner networfi providing expertise mentor networfi for founder challenges YOU your personal business coach & Start it @KBC team alumni founders
  • 62. Partners, Friends & Network | slide 61 +2.000 startup founders pay it forward +50 partners supporting your startup in building your business +170 mentors supporting you as a founders on your journey and many, many more
  • 63. Some examples… Pursuit Femmes | Wave Spring 2021 | slide 63
  • 64. Some examples… Pursuit Femmes | Wave Spring 2021 | slide 64
  • 65. Is it you we’re looking for? ㄱ Enthusiastic ㄱ Open minded ㄱ Committed ㄱ All sectors ㄱ Ambitious ideas ㄱ Potential to scale Innovation that drives the world and making a positive contribution to the world & mankind | slide 65