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Startups 101




                                      Leonardo
                                      Jimenez

   Introduction to Entrepreneurship
What is a StartUp?
What is a StartUp?

Maybe Your answer goes
        like this:
A New and Small Company
How Many StartUps are
  alive after 2 years?
20%
Why so few make it to the
        2 years?
Reasons
● 1- Money*
● 2-blah blah
● 3-blah blah

*15 minutes is not enough time to go through
the rest of the issues.
Why is Money the Main
reason?
Do you remember the
Lean Manufacturing /
Just in Time class you had
in the University?
In Lean Manufacturing
   Inventory is Evil!
                Inventory
Inventory hides your true
       Problems!
In a Startup money take
 the place of inventory!
The question in your mind
        is Why?
The question in your mind
        is Why?

 Because with enough
money your Company can
 survive without a real
       business
The question in your mine
        is Why?

                  m e
                 T i
 Because with enough
             o f
          te
money your Company can
        s
      a
 survive without a real
   W business.
Why this Happens?
Remember Slide number 3?
Remember Slide number 3?

I bet you don't
What is a StartUp?
     Short Answer:
A New and Small Company
What is a StartUp?
     Short Answer:
A New and Small Company

 The Answer was Wrong
We Assumed a Startup is a small version
           of a company

    Big Company

                                 StartUp
They are not!!
A Established company
  operates on a KNOWN

Market
 Competitors
     Customers
       Revenue Streams
The Startup Operates
 under Hypothesis of the

Market
 Competitors
     Customers
       Revenue Streams
In short the big company
    must SELL to their
         Clients,
The Startup must KNOW
  who Their Clients are.
Established companies
   have an Execution
        Problem,
The Startup have a Search
        problem.
What is a StartUp?

    is a company or
temporary organization
designed to search for a
repeatable and scalable
    business model
SEARCH   EXECUTION
Business Model Diagram- Alexander Osterwalder
A Startup is about Having Hypothesis!
... and Experimenting
To find the right Market and Client!
Only then can we Build a Company!
Bibliography

The Four Steps to The Epiphany
Steven Gary Blank




                      Business Model Generation
                      Alexander Ostendwalder
Bibliography

The Innovator's Dilemma
Clayton M. Christensen




                             The Entrepreneur's Guide to
                             Customer Development
                             Brant Cooper
Bibliography

The Lean StartUp
Eric Ries
Thank You!!
Notes
Notes
Notes
Notes

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