Rick Rasmussen is a Silicon Valley native with entrepreneurial, executive, government and academic experience focusing on startups and growth stage companies. He works extensively with governments and economic development agencies looking to connect with Silicon Valley. He is an active member of the Sand Hill Angels investment group.
He served as the VP of Business Development for nestGSV, a large-scale accelerator in Silicon Valley where he focused on International Business Development and Acceleration Programs. Prior, Mr. Rasmussen served as the Trade Commissioner for the Canadian Department of Foreign Affairs and International Trade with responsibility for linking Canadian IT companies to the Valley. Prior, he served as an Entrepreneur-in-Residence at Institutional Venture Partners, Interim CEO for @Road, President and CEO for BuzMe.com. He currently advises a half-dozen companies in mobile and international social media and serves as a Director of CritterPix, an animated feature film startup in Marin County, CA.
His professional experience includes C-Cube Microsystems (LSI) where he was Vice President of Marketing and General Manager and helped drive the digital video revolution in consumer, computer and communications markets. He was a senior member of the team that took the company from startup through IPO and Fortune 500 status. Prior he spent nine years at LSI Logic where he spearheaded new development of RISC microprocessors, Digital Signal Processors and standard cell product lines culminating as the General Manager of the MIPS Microprocessor Division.
Mr. Rasmussen earned a Electrical Engineering and Computer Science degree with highest honors from the University of California at Berkeley and an dual MBA degree from UC Berkeley’s Haas School of Business and Columbia’s Graduate School of Business in New York City with honors. He currently lectures on Entrepreneurship at both UC Berkeley and Stanford University.
Bootstrap Business Seminar 8: Making sense of the numbersCityStarters
City University London's nine week seminar series covering everything you need to know about starting up a business. This week we have Emma Northcott from Crowdcube exploring funding, from seed to VC.
Slide utilisé dans le cours n°20 de la Y Combinator Startup Class de Standford (http://startupclass.samaltman.com/) donné par Sam Altman
Publiée sur slideshare pour pouvoir être intégrée à l'article http://startupeers.co/y-combinator-startup-class-19-sales-and-marketing-how-to-talk-to-investors/
Human Capital: Building high performance teams for your start-up's successMaRS Discovery District
Every start-up encounters speed bumps on the highway of growth. It's the people on your team who will enable your company to power through them. Skills and capabilities must evolve as you grow. You'll need to navigate advisory and other boards, recruit well and have effective team communication and a CEO who sets the stage for the company culture – all just to set you up for that early-stage VC funding.
Lance Laking, an experienced successful entrepreneur, talks about how to successfully drive this off-road path.
Part of the CIBC Presents Entrepreneurship 101 lecture series: http://www.marsdd.com/events/details.html?uuid=fb57c3a5-7e11-4bb6-b8b6-6276e0ec27c3
How to scale your tech startup for the winEspeo Software
Not many startups make it. You either scale the right way - or you die. Let's discuss the typical problems and demonstrate solutions focused on software development - based on real-life scenarios of tech startups.
Bootstrap Business Seminar 8: Making sense of the numbersCityStarters
City University London's nine week seminar series covering everything you need to know about starting up a business. This week we have Emma Northcott from Crowdcube exploring funding, from seed to VC.
Slide utilisé dans le cours n°20 de la Y Combinator Startup Class de Standford (http://startupclass.samaltman.com/) donné par Sam Altman
Publiée sur slideshare pour pouvoir être intégrée à l'article http://startupeers.co/y-combinator-startup-class-19-sales-and-marketing-how-to-talk-to-investors/
Human Capital: Building high performance teams for your start-up's successMaRS Discovery District
Every start-up encounters speed bumps on the highway of growth. It's the people on your team who will enable your company to power through them. Skills and capabilities must evolve as you grow. You'll need to navigate advisory and other boards, recruit well and have effective team communication and a CEO who sets the stage for the company culture – all just to set you up for that early-stage VC funding.
Lance Laking, an experienced successful entrepreneur, talks about how to successfully drive this off-road path.
Part of the CIBC Presents Entrepreneurship 101 lecture series: http://www.marsdd.com/events/details.html?uuid=fb57c3a5-7e11-4bb6-b8b6-6276e0ec27c3
How to scale your tech startup for the winEspeo Software
Not many startups make it. You either scale the right way - or you die. Let's discuss the typical problems and demonstrate solutions focused on software development - based on real-life scenarios of tech startups.
This lecture presents tips, examples, techniques and tools for building the five essential communication documents for entrepreneurs, including:
• The Elevator Pitch
• Executive Summary
• Company Presentation
• Technical White Paper
• Business Plan
Learn how to create these communication tools and how to use them effectively to grow your business from an idea to a funded business.
The Local On Demand Economy. Who's making money in local? Where's the money...Simon Greenman
I have been around local, a long long time, and there is a fundamental question that has been bothering me – who’ s making money in local? It used to be easy to answer this question - consumers used the newspapers and yellow pages to find local businesses. Margins were monopoly like and the newspapers and yellow pages were printing cash in the billions. Today consumers have a plethora of choices from Google to Yelp and increasingly verticalised mobile first on demand local services. Investors are pouring in. Thumbtack and Porch have raised $100M+; Handy $60M; Washio $17M; DogVacay $47M. And now Amazon, Google and newbies such as Curbside are trying to figure out the last mile of same day home delivery and pickup. Integrated local marketing agencies such as ReachLocal, Yodle, Web and Godaddy are fighting for the small local SMB marketing wallets. So who is really making the money today and who will make it tomorrow?
Transforming Privately Held Firms: Proven Strategies from a CFO's perspective...UCICove
About UCI Applied Innovation:
UCI Applied Innovation is a dynamic, innovative central platform for the UCI campus, entrepreneurs, inventors, the business community and investors to collaborate and move UCI research from lab to market.
About the Cove @ UCI:
To accelerate collaboration by better connecting innovation partners in Orange County, UCI Applied Innovation created the Cove, a physical, state-of-the-art hub for entrepreneurs to gather and navigate the resources available both on and off campus. The Cove is headquarters for UCI Applied Innovation, as well as houses several ecosystem partners including incubators, accelerators, angel investors, venture capitalists, mentors and legal experts.
Follow us on social media:
Facebook: @UCICove
Twitter: @UCICove
Instagram: @UCICove
LinkedIn: @UCIAppliedInnovation
For more information:
cove@uci.edu
http://innovation.uci.edu/
Presentation to agency account teams to deliver better results for their clients through customer empathy and having a purposeful innovation process. The presentation goes over innovation, companies that failed to innovate and then 7 ways that you can help innovate through customer empathy.
Y Combinator Startup Class #18 : Legal and accounting basics for startupsFabien Grenet
Slide utilisé dans le cours n°18 de la Y Combinator Startup Class de Standford (http://startupclass.samaltman.com/) donné par Ben Horowitz
Publiée sur slideshare pour pouvoir être intégrée à l'article http://startupeers.co/y-combinator-startup-class-15-how-to-manage/
Converting an idea or a lab prototype into a real, customer-ready product is no simple task. Learn how to differentiate between the steps of product development, including research, design, implementation, testing, verification, validation, operations and maintenance.
ABA-published author and practice management guru Ann Guinn wants to know: Are you making what you should at your law practice? If you’re a solo or small-firm attorney, probably not, and most likely because you’re doing it wrong. That is, you’re running your law firm like a law firm, and not like a law business. She wants to change all that with “The Happy Lawyer’s Guide to Running Your Practice Like a Business.” Inside you’ll get nine proven strategies to lawyer better, have happier clients, and earn what you deserve.
Recruiting on a Budget | Robert Wever, Alexis Munger and Anton Plotkin | Lunc...UCICove
About UCI Applied Innovation:
UCI Applied Innovation is a dynamic, innovative central platform for the UCI campus, entrepreneurs, inventors, the business community and investors to collaborate and move UCI research from lab to market.
About the Cove @ UCI:
To accelerate collaboration by better connecting innovation partners in Orange County, UCI Applied Innovation created the Cove, a physical, state-of-the-art hub for entrepreneurs to gather and navigate the resources available both on and off campus. The Cove is headquarters for UCI Applied Innovation, as well as houses several ecosystem partners including incubators, accelerators, angel investors, venture capitalists, mentors and legal experts.
Follow us on social media:
Facebook: @UCICove
Twitter: @UCICove
Instagram: @UCICove
LinkedIn: @UCIAppliedInnovation
For more information:
cove@uci.edu
http://innovation.uci.edu/
5 Dos and Don’ts Lessons From My Bootstrapping Days with Wrikesaastr
Starting a company can be daunting, exhausting, and expensive, but with the right focus and idea - extremely rewarding; take it from Andrew Filev, Founder and CEO of Wrike. In this session, he will outline the do's and dont's that he learned bootstrapping Wrike. Where it makes sense to invest your precious resources when to outsource, and how to save yourself money without cutting corners.
By Gil Dibner (twitter.com/gdibner), General Partner & Founder at Angular Ventures (www.angularventures.com)
Gil has backed several enterprise-oriented companies, including Front and Vault. Tips to understand how to absolutely nail Enterprise Sales.
Webinar originally aired February 2014
Join Encompass' Steve Karro in a meta-analysis of key industry reports from 2014 and learn practical tips accounting professionals can use to gain a competitive advantage today.
This lecture presents tips, examples, techniques and tools for building the five essential communication documents for entrepreneurs, including:
• The Elevator Pitch
• Executive Summary
• Company Presentation
• Technical White Paper
• Business Plan
Learn how to create these communication tools and how to use them effectively to grow your business from an idea to a funded business.
The Local On Demand Economy. Who's making money in local? Where's the money...Simon Greenman
I have been around local, a long long time, and there is a fundamental question that has been bothering me – who’ s making money in local? It used to be easy to answer this question - consumers used the newspapers and yellow pages to find local businesses. Margins were monopoly like and the newspapers and yellow pages were printing cash in the billions. Today consumers have a plethora of choices from Google to Yelp and increasingly verticalised mobile first on demand local services. Investors are pouring in. Thumbtack and Porch have raised $100M+; Handy $60M; Washio $17M; DogVacay $47M. And now Amazon, Google and newbies such as Curbside are trying to figure out the last mile of same day home delivery and pickup. Integrated local marketing agencies such as ReachLocal, Yodle, Web and Godaddy are fighting for the small local SMB marketing wallets. So who is really making the money today and who will make it tomorrow?
Transforming Privately Held Firms: Proven Strategies from a CFO's perspective...UCICove
About UCI Applied Innovation:
UCI Applied Innovation is a dynamic, innovative central platform for the UCI campus, entrepreneurs, inventors, the business community and investors to collaborate and move UCI research from lab to market.
About the Cove @ UCI:
To accelerate collaboration by better connecting innovation partners in Orange County, UCI Applied Innovation created the Cove, a physical, state-of-the-art hub for entrepreneurs to gather and navigate the resources available both on and off campus. The Cove is headquarters for UCI Applied Innovation, as well as houses several ecosystem partners including incubators, accelerators, angel investors, venture capitalists, mentors and legal experts.
Follow us on social media:
Facebook: @UCICove
Twitter: @UCICove
Instagram: @UCICove
LinkedIn: @UCIAppliedInnovation
For more information:
cove@uci.edu
http://innovation.uci.edu/
Presentation to agency account teams to deliver better results for their clients through customer empathy and having a purposeful innovation process. The presentation goes over innovation, companies that failed to innovate and then 7 ways that you can help innovate through customer empathy.
Y Combinator Startup Class #18 : Legal and accounting basics for startupsFabien Grenet
Slide utilisé dans le cours n°18 de la Y Combinator Startup Class de Standford (http://startupclass.samaltman.com/) donné par Ben Horowitz
Publiée sur slideshare pour pouvoir être intégrée à l'article http://startupeers.co/y-combinator-startup-class-15-how-to-manage/
Converting an idea or a lab prototype into a real, customer-ready product is no simple task. Learn how to differentiate between the steps of product development, including research, design, implementation, testing, verification, validation, operations and maintenance.
ABA-published author and practice management guru Ann Guinn wants to know: Are you making what you should at your law practice? If you’re a solo or small-firm attorney, probably not, and most likely because you’re doing it wrong. That is, you’re running your law firm like a law firm, and not like a law business. She wants to change all that with “The Happy Lawyer’s Guide to Running Your Practice Like a Business.” Inside you’ll get nine proven strategies to lawyer better, have happier clients, and earn what you deserve.
Recruiting on a Budget | Robert Wever, Alexis Munger and Anton Plotkin | Lunc...UCICove
About UCI Applied Innovation:
UCI Applied Innovation is a dynamic, innovative central platform for the UCI campus, entrepreneurs, inventors, the business community and investors to collaborate and move UCI research from lab to market.
About the Cove @ UCI:
To accelerate collaboration by better connecting innovation partners in Orange County, UCI Applied Innovation created the Cove, a physical, state-of-the-art hub for entrepreneurs to gather and navigate the resources available both on and off campus. The Cove is headquarters for UCI Applied Innovation, as well as houses several ecosystem partners including incubators, accelerators, angel investors, venture capitalists, mentors and legal experts.
Follow us on social media:
Facebook: @UCICove
Twitter: @UCICove
Instagram: @UCICove
LinkedIn: @UCIAppliedInnovation
For more information:
cove@uci.edu
http://innovation.uci.edu/
5 Dos and Don’ts Lessons From My Bootstrapping Days with Wrikesaastr
Starting a company can be daunting, exhausting, and expensive, but with the right focus and idea - extremely rewarding; take it from Andrew Filev, Founder and CEO of Wrike. In this session, he will outline the do's and dont's that he learned bootstrapping Wrike. Where it makes sense to invest your precious resources when to outsource, and how to save yourself money without cutting corners.
By Gil Dibner (twitter.com/gdibner), General Partner & Founder at Angular Ventures (www.angularventures.com)
Gil has backed several enterprise-oriented companies, including Front and Vault. Tips to understand how to absolutely nail Enterprise Sales.
Webinar originally aired February 2014
Join Encompass' Steve Karro in a meta-analysis of key industry reports from 2014 and learn practical tips accounting professionals can use to gain a competitive advantage today.
Creating Value Through Digital Enterprise Transformation
Originally presented to XPX, CT Chapter. We look at what it takes to create value and reduce risk using digital enterprise transformation to improve your business processes, technology, and talent foundations.
Topics covered include building a roadmap, process improvement, systems improvement including ERP, CRM, BI/Analytics, and eCommerce, how to build a global organization, and how to build a professional management team.
Customer Value and What Things are Worth (DIT Product Mgmt)Rich Mironov
From my Feb 2014 class time in Dublin Institute of Technology's product management certificate program: a module on quantifying customer value (esp B2B) and how to price software/technology solutions. In-class exercises removed.
Now is the best time to start a company… Now what?Brian Kelly
It used to take years to launch a new software product. Now you can create, launch, and have paying customers getting value from your product in just a few months. This presentation explains why it's never been a better time to start a software company and what you need to consider to make it a reality.
Should you start with a side gig? Should you raise venture capital? How should you think about your cap table and employee options? What's your exit strategy? This presentation tackles these questions.
David Corcoran, cofounder at Third Rail Group, gave this talk at Do it Best Corp.'s annual Techapalooza on March 14, 2017.
Tech Teams On Demand With Talent Alpha's Human CloudPaul Kulon
Talent Alpha is a Human Cloud Platform giving immediate access to the database of 12,000 vetted IT, specialists, from 180+ small and medium IT companies in CEE.
The Human Cloud is a solution allowing engagement and management of talent on-demand:
-an easy on-off option
-no long-term commitments
-cost-effective
-a great tool for companies in need of IT skills, but with hiring freeze or uncertain situations.
It can be also insurance for companies who expect they can get a project demanding quick hiring/engaging a big group of specialists. The recruitment process length is reduced to nearly zero.
Talent Alpha is a Krakow based company with more than a dozen Krakow companies in our network. You can support the local community by choosing local tools and providers in times of COVID-19.
Calculate Financial Projections for Investment PresentationsThe Capital Network
Join our experts in an overview discussion of financial projections. Learn the key metrics that will get investors to notice you, as well as those that will get you rejected. If you have no idea where to begin with your financial projections, this program is for you.
Experts -
Heather Onstott, Launch Capital
Heather Shanahan, Venture Advisors
Why Value Stream is key to Digital Product Delivery Mani Maun
Using Value Stream to visualize the end-to-end Flow of Digital Products and Services
Managing what flows through Value Stream can help bridge the gap Business and IT
Measurement of key metrics can enable data-driven decision making to improve value delivered to customers
This is a story of a fantasy company situation but most likely very similar to yours
So I am sure you will recognize yourself and your company
The story is a about how IT is effected by company policies
The story is also about what we can do in IT to mitigate the company policies with new technologies and DevOps
Form your future
Presenters notes has been added as lines in the presentation
Part of the all day Venture Fast Track: http://www.thecapitalnetwork.org/programs/venture-fast-track/
Financial Projections
Join our experts in an overview discussion of financial projections. Learn the key metrics that will get investors to notice you, as well as those that will get you rejected. If you have no idea where to begin with your financial projections, this program is for you.
Experts:
- Alicia Amaral – Scalar Analytics
-Heather Onstott – LaunchCapital
Startup Economics, Finance and Accounting 101Dan Nelson
A quick look into some of the necessary finance, accounting and economic needs for early stage startups. It is a short survey, and there is more to come on this really interesting space.
For more information, please contact Dan@techbrainstorm.com
Ahmad Takatkah (@SinbadTheVC) and myself (@MRArrabi) gave this workshop at the IEEE event in Hashemite University on Oct 7, 2012. It covers tips & advice on how to launch your startup in Jordan.
Similar to Rick Rasmussen - Product First and Foremost - Startup AddVenture Eastern Europe 2015 (20)
John is the East Coast Editor of TechCrunch.com and he runs the BWL family of blogs, SlushPile.net and WristWatchReview.com. He lives in Brooklyn, NY and writes about technology, security, gadgets, gear, wristwatches, and the Internet.
After spending four years as an IT programmer, he switched gears and became a full-time journalist. His work has appeared in the New York Times, Laptop, PC Upgrade, Surge, Gizmodo, Men’s Health, InSync, Linux Journal, Popular Science, Sync, The Stir and he has written Black Hat: Misfits, Criminals, and Scammers in the Internet Age and Bloggers Boot Camp. He is a sought-after speaker and consultant.
Jonathan Romley is the founder and Chief Executive Officer of Clear Research, a San Francisco-based developer of artificial intelligence technology for mobile devices. Previously, Jonathan served as CEO of Avarla, leading digital business transformation of large Telecom, FMCG, Retail and Finance enterprises in Eastern Europe, CEO of ArtistForce, a pioneering developer of cloud software for the entertainment industry, and Executive Vice President of Viewdle, a Palo Alto and Kyiv, Ukraine-based computer vision company acquired by Google.
Co-founder of D-RAFT Corporate Accelerator, responsible for business development and strategic partnerships. Working with biggest corporate partners in Poland and Europe with 5 years experience in corporate innovations project. D-RAFT was founded in February 2014 and is aimed at creating value for the European ecosystem by helping startups and corporations grow together. Jedrzej was named as an infuencer by MIT “Innovators Under 35” .
Vitaly is the Founding Partner at CCC Startups and Executive Producer of Startup AddVenture.
A Ukrainian-born, Silicon Valley-bred entrepreneur, investor, keynote speakers, and author. He is an award-winning designer who got an early start first as an intern at the age of 13 and then as the youngest employee in the history of Kinko’s. He founded PrintMo.co (venture-backed by 500 Startups and IDG-Accel), a local online marketplace for print, apparel, and promotional products.
During the Dot Com boom, Vitaly ran the User Interface design team at a fast-growing startup. He later founded a design and marketing firm that quickly grew to three offices, won several awards, and landed projects with numerous large brands. Vitaly holds a B.A. in Computer and Video Imaging from Cogswell College. Vitaly has guest lectured on design and the startup economy at Stanford and UC Berkeley and other universities. He is sought-after mentor at 500 Startups and other accelerators around the world and a conference keynote speaker on startups, design, and angel/venture capital in over 20 countries each year.
Mike Sigal is Founder & CEO of Cashflower, a SaaS vendor that helps small businesses and startups automatically manage their finances and find the cash they need to survive and thrive.
In the last 25 years, Mike’s founded 5 startups, completed 3 exits including an IPO, advised corporations and government agencies on working with startups, and seen thousands of startup pitches. He’s spent the last 5 years focused on FinTech, serving as an Advisor to SWIFT Innotribe and a handful of FinTech startups. He’s a sought-after Mentor at accelerators likes 500 Startups & SeedCamp for his business development and pitching advice.
Mike’s lived in San Francisco since graduating from UC Berkeley, except during the dotcom bust, which he spent in London, Paris & Amsterdam. If you want Mike’s advice on your startup, start by signing up for Cashflower, telling him how you helped another startup, or sending him a great bottle of wine.
After 20+ years running software startups, Scott Rafer is acting as sidekick to a few great founders in mobile marketing automation, marketplace seller services, and e-commerce delivery. There is a business plan at the intersection of those three burning in his brain, but he’s got that under control for now. The specific work he does is in support of Technicolor and Technicolor Ventures.
He is also co-founder and/or director at Mashery (acquired by Intel), Nanigans, ShopPad, Boomset, Boostable, Delivr, and Zemanta.
Won Hee Chang, now CEO of Monkey, sped through a career as a classical flutist and an opera singer in France to being a trend assassin at Ogilvy & Mather Asia Pacific, all before she was old enough to vote. When not running away from her doctorate, traipsing through war zones, and crossing the great Islamic Republics on foot, Won has built strategies and raised funding for both startups and funds in high tech, mobile, and emerging markets.
David Bizer is a Partner with Talent Fountain and HackFwd’s Chief Talent Geek. He’s creating a new business model for recruiting with Talent Fountain along with ensuring HackFwd invests in only the most talented technical founders in addition to growing the companies within the HackFwd portfolio.
David is a pioneer in global internet recruiting with a unique bi-continental background discovering talent from Silicon Valley to the technology hubs of Europe. Over the past 15 years, David has recruited and led recruitment efforts resulting in the hiring of more than 4000 top-caliber candidates across more than 25 countries.
David started his career in staffing at Netscape which was at the time, perhaps the most exciting internet company on the planet. Having learned with the best at Netscape, David then joined Trilogy to lead their European Recruitment efforts, sourcing high caliber Computer Science graduates from top universities in Western Europe.
In 2003, David was named the first European recruiter at Google. He hired over 300 candidates in his first 18 months. He then led Google’s staffing efforts across Europe for 20+ sales offices and all technical graduate recruitment.
David holds a bachelor’s degree in International Business from the University of Colorado, Boulder and has served as President of AIESEC United States.
Accpac to QuickBooks Conversion Navigating the Transition with Online Account...PaulBryant58
This article provides a comprehensive guide on how to
effectively manage the convert Accpac to QuickBooks , with a particular focus on utilizing online accounting services to streamline the process.
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
Explore our most comprehensive guide on lookback analysis at SafePaaS, covering access governance and how it can transform modern ERP audits. Browse now!
As a business owner in Delaware, staying on top of your tax obligations is paramount, especially with the annual deadline for Delaware Franchise Tax looming on March 1. One such obligation is the annual Delaware Franchise Tax, which serves as a crucial requirement for maintaining your company’s legal standing within the state. While the prospect of handling tax matters may seem daunting, rest assured that the process can be straightforward with the right guidance. In this comprehensive guide, we’ll walk you through the steps of filing your Delaware Franchise Tax and provide insights to help you navigate the process effectively.
India Orthopedic Devices Market: Unlocking Growth Secrets, Trends and Develop...Kumar Satyam
According to TechSci Research report, “India Orthopedic Devices Market -Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030”, the India Orthopedic Devices Market stood at USD 1,280.54 Million in 2024 and is anticipated to grow with a CAGR of 7.84% in the forecast period, 2026-2030F. The India Orthopedic Devices Market is being driven by several factors. The most prominent ones include an increase in the elderly population, who are more prone to orthopedic conditions such as osteoporosis and arthritis. Moreover, the rise in sports injuries and road accidents are also contributing to the demand for orthopedic devices. Advances in technology and the introduction of innovative implants and prosthetics have further propelled the market growth. Additionally, government initiatives aimed at improving healthcare infrastructure and the increasing prevalence of lifestyle diseases have led to an upward trend in orthopedic surgeries, thereby fueling the market demand for these devices.
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
2. Outsourcing ! Product
• Building your outsourcing business
• Finding a product opportunity
• Oops – this is harder than I thought
• Planning and prep to build a great product company
3. Outsourcing / Contract Work
• Low capital
requirements
• Hiring Talented
Engineers
• Finding customers
with revenue
generating projects
• New and repeat
business.
People
Revenue
5. Outsourcing
CEO
Admin Sales
Engineer Engineer Engineer Engineer Engineer Engineer
More revenue? Just add more engineers (minus overhead, efficiency, etc).)
Maximum revenue per year is limited to:
(number of consultants) x (hours worked per year) x (billing rate)
6. Issue: Scale
People
• Business scales with number of engineers
• Can only grow by adding people
• No revenue leverage
Revenue
People
13. Oh Look… Common Requirements
• Let’s become a product
company…!!!
• Paying customers
• Our development is leveraged
– Use existing code
– Multiply and go
• Happens all the time..!
14. What’s wrong with this?
• An Accidental Product
• Little thought about
– Market size
– Customer needs
– Support requirements
– Marketing and Sales
15. Product-based Business
• Works on principles of
leverage
– “Develop once, sell many”
• Starts with a
tested Unmet Need
and large potential market
• Risk capital funding used to
develop and deliver product
or service
High risk and potentially high reward
16. Product-based businesses are Scalable
• Requires cash to
get started
• Business scales
as a function of
marketing and
sales
• Suffer through the
Valley of Death
17. Product Company
CEO
Admin
Sales Marketing Engineering Operations Finance
• Functional Organization
• Potential to scale and leverage resources
• Can be much higher revenue per employee
18. Do your homework – are you ready?
• Unmet Need identified
• MVP built, tested against market
• Sustainable and repeatable sales cycle
• Large global market waiting for you?
Customer
Discovery
Customer
Validation
Customer
Creation
Company
Building
24. Form a Spin-Off
New Product
Company
Outside
Investors
Contract
Company
• Management
• Funding
• IP
25. Do Your Projections
• Account for everything needed
Yr 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 5%
Revenues Product Line 1 $314 $1250 $4000 $8000 $10500 18.8%
Product Line 2 $4 $375 $1500 $5000 $40000 71.4%
Srvcs & Maint $35 $750 $2250 $3500 $5500 9.8%
Total Revenue $353 $2375 $7750 $16500 $56000 100%
Cost of Sales $265 $1125 $3700 $8350 $25700 45.9%
Gross Income $88 $1250 $4050 $8150 $30300 54.1%
Expenses R&D $411 2269 2538 2806 3443 6.1%
S&M $237 1659 1732 1610 1842 3.3%
G&A $162 1647 1940 2196 2281 4.1%
Other $65 360 485 600 765 1.4%
Net Income (787) (4685) (2645) 938 21969 39.2%
26. File as a Delaware C Corp
• Establishes your desire to be a global
company
• Able to attract stronger interest from
investors
• OK to operate out of home country as
long as it makes sense
– Lower labor costs
– Stable workforce
• Speak with an attorney about tax
and IP considerations
27. Build a Great Product Team
• Investors
• Board of Directors
• Co-founders
• Your executive staff
• Board of Advisors (optional)
• Service Providers
– Attorneys, Accountants, Recruiters,
PR firms, Outsourcers…
Investors
Board
You Co-founders
Advisors Exec Staff
Team
Service
Providers
28. Build a Full Company Timeline
Q3Q1 Q2 Q7Q6 Q8
Cash
Flow Positive
Series B $7M
Started
company
MVP
Full Production
Q9
Series A $2M
Second
prototype
Closed Beta1st alliance
signed
Seed $100K
Q4 Q5
Employees: 4 6 9 10 11 14 18 22 24
Q10
1M
Users
29. Build a Global Sales Strategy
Bootstrap Revenues/seed Series A/B exit
Early-
Vangelists
CEO
Selling
Sales
Channel
Strategy
Customer
Validation
Through
Completion
Hire first
Sales Persons
Full Product
And
Company
Launch
Multiple
Channels
Strong Growth
30. Bring on a Strong Financial Team
Bootstrap Revenues/seed Series A/B exit
CPA
setup
You or
part-time
bookkeeper
CPA and
Attorney
Review
Full-time
Bookkeeper
or Controller
Controller
and
Part-Time
CFO
Hire
CFO
31. Put systems in place to grow globally
• Engineering
– Choose the right language platform(s)
– Strong testing methodology
– Outsourcing only with great specifications
– Great GUI and multi-language support
• Marketing
– Messages for each geography
• Sales
– Global distribution strategy
• Operations:
– Mindful of costs and multiple supply sources
32. Be mindful of Global Cultures
Lewis Model of Cross-Cultural Communication
36. Conclusions
• Think like a product company from day one
• Separate product from contracting/outsourcing
– Personnel
– People
– Customers
• Be mindful of cultures and attitudes
• Go Global right from the start
37. Don’t build your product on a bad foundation
Plan on being global. Project forward. Build a solid foundation
38. Even castles made of sand fall into the sea,
eventually – Jimi Hendrix
Plan…! Otherwise,