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A Practical Process for Startups

A platform for startup projects
About Me
Serial Entrepreneur
Startups
AP DealFlow (present)
E-Finet.com (8317.hk)
Fortitude Securities
New Media Research
Career
Thomson Financial
SBC Warburg
Offshore Banking
Family Office mgmt.
Education
Masters in Intl Management
Strathclyde University
Bsc (Hons) Computer
Science and Economics
A Short video
Game 1 – Guess the startup ?
Game 2 – Guess the Founder

Mark Zukerburg

Kai-Fu Lee

Jerry Yang

Elon Musk

Jerry Ma

Yat Sui
How did they start ?
Issues at startup
•
•
•
•
•
•
•

Idea
People
Resources
Hardware
Software
Clients
Investors
The paradox of startup process

FAIL REASONS
Run out of money, No clients
Bad product, Founder dispute
Legal, marketing, sales
A Practical Process for Startups
APStartup.com
Create, Build, Promote and Fund
An online social
network platform for
entrepreneurs
A Practical Process for
Startups
DealFlow for Investors
A show window of
projects for investors
and customers
Social Communities
A Practical Process for Startups
Apps for Startups – help you Start, Plan, Build, Promote, Admin and Fund
Single login, team collaboration and external sharing.

• START
– Mind maps
– Lean canvas

• PLAN
– Project
Management
– Biz Plan Writer

• BUILD
– Freelance
– Data Room

• PROMOTE
• Blogs
• Newsletter
• CRM
• Webinar
• FUND
• VC Pro
• Angels
• ADMIN
• Expenses
• Hiring Module
Apps for Startups - Features
APPLICATIONS
• Practical Process for
Startup - a step by step
management process
• Open source and
commercial software apps
for specific uses
• Shared code, separate
data
• Apps are supported
independently and
updated frequently

DATA
• Data can be shared
between apps
• Data can be shared
between teams
• Data can be used by be
exportable and
• Data acts as log for
startup history
• Data is backed up on a
daily basis
APStartup – getting Started
1.

Register on
www.apstartup.com

2.

Choose group CityU
Student

3.

Complete personal profile

- Works like any other social
network - FB, LN

- Post comments, videos,
pictures, thoughts
Personalizing your profile
• Add picture or avatar
• Bio - Interests
• Personal Goals
A Practical Process for Startups

IDEAS
Mindmaps : Map your Ideas

http://thinkbuzan.com/articles/view/how-to-create-a-mind-map/
http://en.wikipedia.org/wiki/Mind_map
The Lean Startup methodology

http://en.wikipedia.org/wiki/Lean_Startup
Lean Startup intro
Lean Startup Model
The most significant goal of a startup is finding a
scalable and repeatable business model and
the process for doing so follows the same
validated learning loop. You start by
documenting a set of business model
hypotheses, then systematically validate
those assumptions against reality and make
course-corrections, or pivots, along the way.
Lean Canvas – validation tool

http://leanstack.com/LeanCanvas.pdf

http://www.businessmodelgeneration.com/canvas
Business Model Canvas tool
Create – Lean canvas
Assignment1 for GE2304
• Register your profile on APStartup. join Group
CityU - GE2304
• Using Lean Canvas app (under the applications
menu) to design a startup idea that you have.
• Select Lean Canvas , read the summary below
before starting a brainstorm a business idea you
have.
• Outline the problem, solution, value proposition
and customer segments Also outline the possible
cost structure and the revenues of the idea.
Steve Blank – Lean Launchpad
ADV

Steve Blank - 4 Steps
Customer Development Worksheets:

1. Product Hypothesis
2. Customer Hypothesis
3. Channel/Pricing Hypothesis
4. Demand Creation
Hypothesis
5. Market Type Hypothesis
6. Competition Hypothesis
ADV

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Hk city i apps for startups-ge2304

  • 1. A Practical Process for Startups A platform for startup projects
  • 2. About Me Serial Entrepreneur Startups AP DealFlow (present) E-Finet.com (8317.hk) Fortitude Securities New Media Research Career Thomson Financial SBC Warburg Offshore Banking Family Office mgmt. Education Masters in Intl Management Strathclyde University Bsc (Hons) Computer Science and Economics
  • 4. Game 1 – Guess the startup ?
  • 5. Game 2 – Guess the Founder Mark Zukerburg Kai-Fu Lee Jerry Yang Elon Musk Jerry Ma Yat Sui
  • 6. How did they start ?
  • 8. The paradox of startup process FAIL REASONS Run out of money, No clients Bad product, Founder dispute Legal, marketing, sales
  • 9. A Practical Process for Startups
  • 10. APStartup.com Create, Build, Promote and Fund An online social network platform for entrepreneurs A Practical Process for Startups DealFlow for Investors A show window of projects for investors and customers
  • 12. A Practical Process for Startups Apps for Startups – help you Start, Plan, Build, Promote, Admin and Fund Single login, team collaboration and external sharing. • START – Mind maps – Lean canvas • PLAN – Project Management – Biz Plan Writer • BUILD – Freelance – Data Room • PROMOTE • Blogs • Newsletter • CRM • Webinar • FUND • VC Pro • Angels • ADMIN • Expenses • Hiring Module
  • 13. Apps for Startups - Features APPLICATIONS • Practical Process for Startup - a step by step management process • Open source and commercial software apps for specific uses • Shared code, separate data • Apps are supported independently and updated frequently DATA • Data can be shared between apps • Data can be shared between teams • Data can be used by be exportable and • Data acts as log for startup history • Data is backed up on a daily basis
  • 14. APStartup – getting Started 1. Register on www.apstartup.com 2. Choose group CityU Student 3. Complete personal profile - Works like any other social network - FB, LN - Post comments, videos, pictures, thoughts
  • 15. Personalizing your profile • Add picture or avatar • Bio - Interests • Personal Goals
  • 16. A Practical Process for Startups IDEAS
  • 17. Mindmaps : Map your Ideas http://thinkbuzan.com/articles/view/how-to-create-a-mind-map/ http://en.wikipedia.org/wiki/Mind_map
  • 18. The Lean Startup methodology http://en.wikipedia.org/wiki/Lean_Startup
  • 20. Lean Startup Model The most significant goal of a startup is finding a scalable and repeatable business model and the process for doing so follows the same validated learning loop. You start by documenting a set of business model hypotheses, then systematically validate those assumptions against reality and make course-corrections, or pivots, along the way.
  • 21. Lean Canvas – validation tool http://leanstack.com/LeanCanvas.pdf http://www.businessmodelgeneration.com/canvas
  • 23. Create – Lean canvas
  • 24. Assignment1 for GE2304 • Register your profile on APStartup. join Group CityU - GE2304 • Using Lean Canvas app (under the applications menu) to design a startup idea that you have. • Select Lean Canvas , read the summary below before starting a brainstorm a business idea you have. • Outline the problem, solution, value proposition and customer segments Also outline the possible cost structure and the revenues of the idea.
  • 25. Steve Blank – Lean Launchpad
  • 26. ADV Steve Blank - 4 Steps Customer Development Worksheets: 1. Product Hypothesis 2. Customer Hypothesis 3. Channel/Pricing Hypothesis 4. Demand Creation Hypothesis 5. Market Type Hypothesis 6. Competition Hypothesis
  • 27. ADV