The document defines key terms related to startups, including that a startup is an organization formed to search for a repeatable and scalable business model. Founders are individuals who create, execute, and invest in ideas to turn them into startups. Other terms defined are business model canvas, lean startup, pivot, agile development, accelerator, access to capital, and differences between startups and firms.

1. Startup 101
@sofianhw

2. About me
GAIB at WarungPintar.co.id
Tech Advisor at Nodeflux.io
Tech Evangelist at Kata.ai

4. What is Startup
“A startup is an organization formed to
search for a repeatable and scalable
business model.”

5. Founder
“FOUNDERS ARE INDIVIDUALS WHO
CREATE, EXECUTE,* AND INVEST IN IDEAS
TO TURN THEM INTO STARTUPS”

6. Business Model Canvas
A BUSINESS MODEL
Describes the
rational of How An
organization
creates, delivers
and capture values

7. Lean Startup
is an approach for launching businesses
and products, that relies on validated
learning, scientific experimentation, and
iterative product releases to shorten
product development cycles, measure
progress, and gain valuable customer
feedback

9. Pivot
structured course correction designed
to test a new fundamental hypothesis
about the product, strategy, and engine
of growth

10. Agile Development
Individuals and interactions over
processes and tools Working software
over comprehensive documentation
Customer collaboration over contract
negotiation Responding to change over
following a plan

11. Accelarator
Accelerators are organizations that provide
cohorts of selected nascent ventures seed-
investment, usually in exchange for equity, and
limited-duration educational programming,
including extensive mentorship and structured
educational components. These programs
typically culminate in “demo days” where the
ventures make pitches to an audience of
qualified investors.

12. Access to Capital

13. Startup vs Firm