SlideShare a Scribd company logo
DESIGN NARRATIVE
RISKS
Range of risks every
business has to deal
with.
2
RISK BOOK
For evaluation
3
Business model
risk
Market
adoption risk
Market
size risk
Market
timing risk
Technology risk Capitalization
structure risk
Financial riskExecution
risk
Investors Risk Factors
FOUR ELEMENTS
Four attitude concepts
to pursue for rapid
business growth.
4
FOUR ELEMENTS
Of growth mindset
5
Stand outside
growth bias
Make
experiments
pivot, exit and
failure!
Goals
for
milestones
GOALS FOR MILESTONES
Execute goals and celebrate milestones.
What’s wrong!?
• Get 100 visitors a day to my website.
• Add 10 new people to my newsletter weekly.
• Get 1 new trial signup a day.
Those are events that are based on what other
people choose to do.
And you have zero control over them.
Instead:
• Find 10 potential customers a day and send
cold emails to each of them.
• Write at least 1 piece of content a day and
promote it in at least 3 places.
• Promote my startup in at least 5 different
places a day.
• Create and run a new ad for 1 week every
week.
6Ultimate guide to marketing
STAND OUTSIDE GROWTH BIAS
Get out of mental cages!
“Being obsessed with a single path can turn into a trap — blinding us to nonlinear growth
opportunities”
7
Core business value
ProductFounders
producersTeam
…
MAKE EXPERIMENTS
No risk, no reward!
8
PIVOT, EXITAND FAILURE!
Last but not least!
9
Dream big Start simple Execute fast Stay human
PITCH RIGHT
Data about our
collaborations and
achievements
10
GUIDE TOARIGHT DECK
With decks, you want to focus on the content and the story
11
Narrative Content
DropBox pitch
NARRATIVE
Everything to communicate your story
12
“More important than the specific slides you present is how you weave them
together to convince and inspire your audience that you are going to build a
successful company.”
For entrepreneurs
13AirBnB pitchdeck
14
15
NARRATIVE
Everything to communicate your story
Our startup (Name) / Is developing (Service) / letting (customer segment) / (Solve problem) /
through (unique value)
• Your story needs likable and relatable characters
• Your story should take the listener on a journey.
• Your story should appeal to listeners’ emotions and reasoning abilities.
16
10-15-30
SECONDS
Our startup (Name) / Is developing (Service) /
letting (customer segment) / (Solve problem) /
through (unique value)
17
CONTENT
Proof to back your story
• Show that customers value your product.
• Demonstrate that the value of a customer is high relative to the cost of acquiring one.
• Know your sales metrics cold.
• Analyze your sales metrics to identify ways to improve.
• Figure out the sales model that works for your business.
18Convince an investor
A: No:4/4, 2126.sk, Mustafa Kemal Mah.
Ankara, Turkey, 06520
E: info@venn-idc.com
T: +90 850 455 83 66
2017 Venn Inc.
“Venn Industrial Design Consultancy
(Venn-IDC)” and “Venn Science of
Design” brands and logos are
trademarked. All rights reserved to Venn
inc
Science of
Design

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Business Design

  • 2. RISKS Range of risks every business has to deal with. 2
  • 3. RISK BOOK For evaluation 3 Business model risk Market adoption risk Market size risk Market timing risk Technology risk Capitalization structure risk Financial riskExecution risk Investors Risk Factors
  • 4. FOUR ELEMENTS Four attitude concepts to pursue for rapid business growth. 4
  • 5. FOUR ELEMENTS Of growth mindset 5 Stand outside growth bias Make experiments pivot, exit and failure! Goals for milestones
  • 6. GOALS FOR MILESTONES Execute goals and celebrate milestones. What’s wrong!? • Get 100 visitors a day to my website. • Add 10 new people to my newsletter weekly. • Get 1 new trial signup a day. Those are events that are based on what other people choose to do. And you have zero control over them. Instead: • Find 10 potential customers a day and send cold emails to each of them. • Write at least 1 piece of content a day and promote it in at least 3 places. • Promote my startup in at least 5 different places a day. • Create and run a new ad for 1 week every week. 6Ultimate guide to marketing
  • 7. STAND OUTSIDE GROWTH BIAS Get out of mental cages! “Being obsessed with a single path can turn into a trap — blinding us to nonlinear growth opportunities” 7 Core business value ProductFounders producersTeam …
  • 9. PIVOT, EXITAND FAILURE! Last but not least! 9 Dream big Start simple Execute fast Stay human
  • 10. PITCH RIGHT Data about our collaborations and achievements 10
  • 11. GUIDE TOARIGHT DECK With decks, you want to focus on the content and the story 11 Narrative Content DropBox pitch
  • 12. NARRATIVE Everything to communicate your story 12 “More important than the specific slides you present is how you weave them together to convince and inspire your audience that you are going to build a successful company.” For entrepreneurs
  • 14. 14
  • 15. 15
  • 16. NARRATIVE Everything to communicate your story Our startup (Name) / Is developing (Service) / letting (customer segment) / (Solve problem) / through (unique value) • Your story needs likable and relatable characters • Your story should take the listener on a journey. • Your story should appeal to listeners’ emotions and reasoning abilities. 16
  • 17. 10-15-30 SECONDS Our startup (Name) / Is developing (Service) / letting (customer segment) / (Solve problem) / through (unique value) 17
  • 18. CONTENT Proof to back your story • Show that customers value your product. • Demonstrate that the value of a customer is high relative to the cost of acquiring one. • Know your sales metrics cold. • Analyze your sales metrics to identify ways to improve. • Figure out the sales model that works for your business. 18Convince an investor
  • 19. A: No:4/4, 2126.sk, Mustafa Kemal Mah. Ankara, Turkey, 06520 E: info@venn-idc.com T: +90 850 455 83 66 2017 Venn Inc. “Venn Industrial Design Consultancy (Venn-IDC)” and “Venn Science of Design” brands and logos are trademarked. All rights reserved to Venn inc Science of Design

Editor's Notes

  1. Market timing risk - Is now the right time for the business? It’s often hard to evaluate this risk, but nevertheless, it’s an important consideration. There are many stories of people saying I invented Facebook before Facebook, which may very well be true. But the market just wasn’t yet ready for it. Business model risk - Is there a clear business model? Do the unit economics seem to work? If not, what are the assumptions required to achieve profitability? Market adoption risk - Are there strong competitive players in the market? What are the major barriers to entry? Market size risk - If the company is successful, is the exit scenario large enough to provide the types of returns our fund needs? Execution risk - Does the team have the right skills and passion to reach their goals? If not, are they amenable to finding others to complement their skills? Technology risk - Does the company have to develop a new technology that may not reach fruition, or may take much longer than expected? This is typically more prevalent in cleantech and hardware companies. Capitalization structure risk - does the company have enough room in the cap table to take more investment necessary to grow while still ensuring employees and executives are well compensated? Platform risk - Is the startup building atop YouTube, Twitter or Facebook? How strong is their relationship? Are their product plans in the direct path of the platform or complementary? Venture management risk - Is the company receptive to feedback? Is the team candid about the state of the business? Financial risk - How much money does the company require to achieve its goals? Is the financing risk manageable given the current environment and company trajectory? Legal risk - Does the company have a high likelihood of lawsuit for patent or copyright infringement? Does the company have any outstanding complaints with early employees or founders? Are there regulatory challenges involved in this sector?