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The way of startups (if you're not in Silicon Valley) - Truths, Myths, Bubbles
1. The way of Startups
(if you're not in Silicon Valley)
Truths, Myths, Bubbles
2. Truth
It's easy to start
1. Have an idea
2. Get a team (maybe)
3. Build a product
You're a startup!
3. Myth
The clients will come
But not always...
And not if you stay put and wait for them...
And if they come, they won't want to pay
4. Truth
It's easier to succeed nowadays
A lot of know-how, information, resources
A lot of incubators, accelerators, co-works
Global networking
Smaller costs
5. Myth
If you have a great idea you'll become the
next Facebook
With a lot of luck
Need to be in the right place at the right time
With a lot of networking, networking, networking
And if you know the secret ingredient of Colonel
Sanders :)
6. Truth
Still, it's not easy to stay there
It takes a lot of money
It takes a lot of time
It takes a lot of morale
7. Myth
Work hard enough you'll surely succeed
It's not enough to work hard
Think and test before you start to work
And maybe not from the first try...
9. Myth
You need an investor to succeed
Bootstrapping can be better sometimes
Be aware of the dumb money
First succeed and then take money to grow
10. The final Truth
Each person and startup is different
Don't follow the stereotypes
Build your own way
Be happy!
11. About me
Andrei Firoiu - Web entrepreneur
Net Interaction
netinteraction.biz
Custom web development
(Ecommerce, CMS, Facebook
apps, Multimedia)
RedEye Reports
redeyereports.com
Mobile business data acquisition
and reporting platform
AziLaPranz.ro
Local daily listing service for
special offers from restaurants