Gumption CEO Bart Embrechts shares his views and tools to found a start-up

1. How to f(o)und a startup?!
Bart Embrechts
Managing Partner Gump5om
Follow “Xcelerated by Gump5on” on LinkedIn

2. Options
• Your own savings (!)
• FFF
• Company revenue
• Banks
• Business Angels
• Crowdfunding
• Government
• Incubators (accelerators, combinators,…)
• Venture Capital
• Private equity
• Stock markets
• …

4. (TODAY) MONEY IS NOT
THE ISSUE. THERE IS
ENOUGH MONEY FOR
STARTUPS ON THE
MARKET.
THE QUESTION IS HOW TO
BUILD A GREAT STARTUP
THAT SURVIVES THE
VALLEY OF DEATH.
Conclusion:

5. What is a startup?!
A STARTUP
is a
TEMPORARY ORGANIZATION
used to search for
a REPEATABLE and SCALABLE
BUSINESS MODEL.
(Steve Blank)

7. hHps://www.youtube.com/watch?v=_a3s0IXSuxY

8. Business plan or business model?
• The Lean Startup is a way to go from PLAN A to a PLAN THAT
WORKS
• A PLAN THAT WORKS = A PLAN THAT BRINGS YOU TO A
REPEATABLE AND SCALABLE BUSINESS MODEL
• A business model describes the raonale of how an organizaon
creates, delivers and captures value. (Osterwalder, 2010)

9. BUSINESS MODEL CANVAS

10. Key Talents/drivers of the Entrepreneur
① Create and Translate your VISION
② Select and AHract a great TEAM (environment)
③ Excel/Innovate (personal, systems & processes, structure)
④ Create and live a CULTURE that inspires PEOPLE
⑤ GUMPTION

11. gumption noun ˈgəm(p)-shən
common
sense
FIRMNESS
of mind unyielding
COURAGE in the face
of hardship or danger
ability to DECIDE what is the
best thing to do in a parcular
situaon, and to do it with
energy and determina5on
iniave
willingness to do the
hard work to get it
done
guts

12. www.gumpon.eu