Nuno Freitas presentation on 9th JA-YE Alumni Conference

1. 9TH JA-YE
ALUMNI CONFERENCE
STARTUPING
Nuno Freitas
Porto, 1_September_2012
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2. TOP 10%
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3. OBSERVATION
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4. OBSERVATION
HOW MANY PASSES
DOES THE TEAM IN
WHITE MAKE?
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5. 5

6. WHO AM I?
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7. 7

8. 8

9. 9

10. 10

11. 11

12. 11

13. 11

14. 11

15. 12

16. 13

17. 13

18. 13

19. 13

20. 13

21. 13

22. 13

23. 13

24. 14

25. 15

26. MYTHS ABOUT STARTUPS
Let’s be honest...
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27. STARTING A COMPANY HAS NO COSTS
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28. STARTING A COMPANY HAS NO COSTS
The one who says this never started one!
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29. A STARTUP RAISES MONEY WITH PASSION AND A
GOOD PROJECT IN A NAPKIN
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30. A STARTUP RAISES MONEY WITH PASSION AND A
GOOD PROJECT IN A NAPKIN
You will get rejected!
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31. A STARTUP RAISES MONEY WITH PASSION AND A
GOOD PROJECT IN A NAPKIN
You will get rejected!
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32. A GOOD IDEA = SUCCESS
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33. A GOOD IDEA = SUCCESS
Idea, Strategy, Timing, Execution, Team &
Resilience
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34. 20

35. PRODUCT
PEOPLE
CAPITAL
FAILING
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36. PRODUCT
PEOPLE
CAPITAL
FAILING
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37. 23

38. ASK THE RIGHT QUESTIONS?
“Computers are no good!
They just give
you answers”
Pablo Picasso
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39. The one who knows how to do
things right will always be a good
worker
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40. BUT THE ONE WHO KNOWS
WHY? WILL ALWAYS BE HIS
BOSS
The one who knows how to do
things right will always be a good
worker
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41. Tell a Story
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42. 27

43. We are equal in Time
Time as the
most valuable asset
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44. PRODUCT
PEOPLE
CAPITAL
FAILING
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45. Always hire people
that are better than
you!
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46. HOW MANY?
2 OR +
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47. HOW MANY?
2 OR +
3 OR -
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48. etics =
values =
product =
skills ≠
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49. 33

50. NETWORK
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51. PRODUCT
PEOPLE
CAPITAL
FAILING
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52. FRIENDS
FAMILY
FOOLS
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53. Bootstrap Venture
Backed
Control
Time to
Market
Distractions
Ownership
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54. AN
INVESTOR IS
NOT YOUR
FRIEND
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55. AN
INVESTOR IS
NOT YOUR
ENEMY
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56. CASH-FLOW
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57. PRODUCT
PEOPLE
CAPITAL
FAILING
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58. 5
1943
“I think there is a world market for
maybe five computers.”
Thomas Watson, chairman of IBM
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59. 5
1943
“I think there is a world market for
maybe five computers.”
Thomas Watson, chairman of IBM
1949
1.5
“Computers in the future may
weigh no more than 1.5 tons.”
Popular Mechanics
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60. NO
1977
“There is no reason anyone would
want a computer in their home.”
Ken Olson, founder of Digital Equipment Corp.
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61. 1977
“There is no reason anyone would
want a computer in their home.”
Ken Olson, founder of Digital Equipment Corp.
NO
2007
“There’s no chance the iPhone is
going to get any significant market
share. No chance.”
Steve Ballmer, MSFT CEO 2007
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62. Start a bad
business
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63. Start a bad
Write a bad
business
book
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64. Start a bad
Write a bad
Create a bad
business
book
app
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65. Start a bad
Write a bad
Create a bad
business
book
Give a bad
app
Talk
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66. Start a bad
Write a bad
Create a bad
business
ByGivebookwill have
the end of that bad
a you
app
Talk
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67. Started a
Write a bad
Create a bad
business
book
Give a bad
app
Talk
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68. Written a
Create a bad
book
Give a bad
app
Talk
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69. Created an
Give a bad
app
Talk
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70. Given a
Talk
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71. 53

72. THERE IS ONLY 1
DIFFERENCE BETWEEN A
PRO AND AN AMATEUR
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73. THERE IS ONLY 1
DIFFERENCE BETWEEN A
PRO AND AN AMATEUR
THE PRO IS AN AMATEUR
WHO
DIDN’T QUIT!
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74. 56

75. 57

76. 10 KEY POINTS
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77. #1
Your
project
will
be
REJECTED
and
you
will
want
to
QUIT
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78. #2
Know what criticisms to IGNORE and to
ACCEPT (and USE)
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79. #3
Search
for
MENTORS
and
ALLIES
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80. #4
IDEAS
need
FOLLOWERS
to
BREATH
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81. #5
A
STARTUP
doesn’t
have
to
be
TECHNOLOGIC
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82. #6
Don’t
FOLLOW
your
dreams,
RUN
aOer
them!
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83. #7
Focus
on
the
PROBLEM
and
not
on
the
SOLUTION
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84. #7
Focus
on
the
PROBLEM
and
not
on
the
SOLUTION
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85. #8
If
you’re
not
embarrassed
when
youship
the
first
version,
YOU
WAITED
TOO
LONG!
MATT MULLENWEG, FOUNDER OF WORDPRESS
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86. #9
SAY
NO!
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87. #10
Make
mistakes,
But
keep
low
your
FAILURE
COSTS
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88. #11
WORK
to
make
your
DREAMS
come
true
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89. #EXTRA
Make
people
Smile
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90. 72

91. THANK YOU!
facebook.com/nunofreitas nuno.freitas@sketchpixel.com
nuno.freitas@spiritocupcakes.com www.sketchpixel.com
www.spiritocupcakes.com www.storeagent.com
www.mezzostudio.com (soon)
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