Startupweekend lansing presentation
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The document outlines lessons learned from building and growing a startup called Remind101 over several years. It discusses executing on an idea to create Excel macros that provided value to students, graduating college and being naive about how difficult starting a company would be, and surrounding oneself with supportive people. As the company grew, lessons included things taking more time and money than expected, making many small decisions daily, being resourceful, pitching to investors and failing, and having vision but also patience to get to goals. The overall message is about persevering through challenges in building a startup.
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- 2. Ah ha!
- 5. •Excel macros •10 students •Positive feedback: saved students from missing assignments…value! Test early. Test often. Listen.
- 6. Your vision Developer November 2009. 1 year anniversary *tear *tear
- 7. December 09 Graduation. “Heartburn & anxiety are a product of my girl friend, remind101”
- 8. Good • Work for myself • Build something cool • Provide value to the world! • Make money? I didn’t realize • It’s really hard •There is SO much to learn •Lonely & 23 •Naïve So? •Surround yourself with people who care (family, friends, mentors) •Just start: best time’s in college •Worst that can happen? •You are investing in yourself
- 9. November, 6th , 2010 1,500 students. 200 professors. 20,000 SMS.
- 10. • Always takes more time & $ than expected • 1,000 of small decisions every day • Be resourceful & find a way: story with marketing team • Be courageous: Pitched a billionaire & failed (for now) • Don’t quit your day job...yet • Vision to know where you are going but patience to get there Major Lessons
Editor's Notes
- 1,500 students, 200 professors
- If you have a good idea. Guaranteed 5 others have too. It’s about execution.