Starting Up by Failing 
The Lisbon MBA 2014
Hi, I’m Andre
Lisbon, Portugal 
Retired Computer Science Engineer 
First company @ 19 years old 
Co-Founder of Adegga 
Wine Entrepreneur
Adegga 
A Wine Marketplace
4 cities (Lisbon, Porto, Brussels, Rio) 
10 Adegga WineMarkets 
150 Wine Producers 
1000 Visitors per event 
5000 #winelover customers 
$$$$$ of wine sold
The idea
What we thought consumers wanted.
Summer 2012 
The 20 Top Whites 
for less than 10€ 
What consumers really wanted.
Fail #1 
Didn’t listen to customers.
What we thought wine producers wanted.
What wine producers really wanted.
Fail #2 
Selling a product customers 
didn’t want to pay for.
Lots of visibility.
Fail #3 
Visibility is not money.
Flash Sales. What consumers wanted.
Wine producers didn’t want.
Fail #4 
Didn’t do proper research.
Drawing board! 
1. What you know. 
2. Listen. Research. Brainstorm. 
Extra: Travel. Think.
Adegga WineMarket!
Success #1 
A product that everyone wants 
(and pays for).
SmartWineGlass
Success #2 
Useful innovation.
What’s next? Lots. 
1. More countries. 
2. Online Marketplace.
What have 
I learned? 
10 Quick Tips
Make a great team.
Get amazing supporters.
Think different.
Innovate. Non-stop.
Embrace (all forms of) success.
Love what you do.
Work hard. Party harder.
LOL! A lot!
Change the World.
f**k**g 
JUST DO IT.
Obrigado. 
Now, wine! 
andre@adegga.com 
Twitter & Skype: andrerib

Starting up by Failing