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Daniel Jarjoura
Winter 2014
BS Telecommunications
MS !
Computer Science
Pre-sales
Engineer
Product Manager
Innovation Manager!
Business Development Director
Entrepreneurship
23/45&6$
789"*9/4*"
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Some	
  housekeeping	
  rules
1/	
  The	
  course	
  is	
  made	
  of	
  4	
  sessions	
  of	
  3	
  hours	
  with	
  one	
  15	
  mins	
  break
3/	
  Presence	
  is	
  not	
  mandatory	
  but	
  please	
  refrain	
  from	
  leaving	
  class	
  while	
  
I	
  speak
2/	
  There	
  will	
  be	
  no	
  final	
  exam	
  but	
  a	
  final	
  presentaBon.	
  The	
  subject	
  will	
  
be	
  given	
  through	
  social	
  media
4/	
  ParBcipaBon	
  is	
  highly	
  encouraged.	
  If	
  you	
  don’t	
  speak,	
  I	
  will	
  make	
  you!
5/	
  The	
  goal	
  of	
  this	
  course	
  is	
  to	
  make	
  you	
  think,	
  not	
  replicate
Net worth:
$24
Billion	

each
Net worth:
$67 Billion
Net worth: $19 Billion
What’s the
main common
point between
these guys
Yes, they’re all
technology experts…
…who understood how to
be unique in their market…
…and made
loads of money!
A bit like
this guy
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What about
France?
Net worth:
"6 Billion
$600M
$6.8B
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If	
  not,	
  then	
  maybe	
  
you	
  were	
  not	
  
planning	
  to…
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And	
  also,	
  if	
  you	
  thought	
  you	
  were	
  
UNIQUE
…	
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  didn’t	
  realize	
  there	
  were	
  
millions	
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So,	
  	
  
what	
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compe,,ve	
  
advantage
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Understanding	
  salespeople
Salespeople…
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Chilean Exports
• Fresh fruit leads Chile's export mix - Chile emerges as major supplier of fresh fruit to
world market due to ample natural resources, consumer demand for fresh fruit during
winter season in U.S. and Europe, and incentives in agricultural policies of Chilean
government, encouraging trend toward diversification of exports and development of
nontraditional crops - U.S. Dept. of Agriculture, Economic Research Service Report
• Chile is among the developing economies taking advantage of these trends, pursuing
a free market economy. This has allowed for diversification through the expansion of
fruit production for export, especially to the U.S. and Western Europe. Chile has
successfully diversified its agricultural sector to the extent that it is now a major fruit
exporting nation. Many countries view Chile's diversification of agriculture as a model
to be followed.
• Meanwhile, the U.S. remains the largest single market for Chile's fruit exports.
However, increasing demand from the EC and Central and East European countries
combined may eventually surpass exports to the U.S., spurring further growth in
Chile's exports.
• If you’ve read this far, your eyes probably hurt and you’ve been reading this tedious
long-winded text instead of listening to me. I’m insulted- can’t you see I’m doing a
presentation up here? Look at me! Congratulations, however, on having such good
eyesight.
Beginner Motorcycles
• My personal favorite:
the Suzuki Savage
• Light weight (~380lbs)
• Adequate power
(650cc engine)
• Low seat height fits
most riders
Racquetball Fundamentals
Racquetball Fundamentals
Racquetball Fundamentals
n 2, 3, or 4 players.
Racquetball Fundamentals
n 2, 3, or 4 players.
n 1 player serves, other “returns.”
Racquetball Fundamentals
n 2, 3, or 4 players.
n 1 player serves, other “returns.”
n Only serving player can score.
Racquetball Fundamentals
n 2, 3, or 4 players.
n 1 player serves, other “returns.”
n Only serving player can score.
n Served ball must land past serving line and
cannot hit back wall.
Racquetball Fundamentals
n 2, 3, or 4 players.
n 1 player serves, other “returns.”
n Only serving player can score.
n Served ball must land past serving line and
cannot hit back wall.
n Ball can only bounce once before striking front
wall…but ball does not have to bounce.
Racquetball Fundamentals
3, or 4 players.
player serves, other “returns.”
nly serving player can score.
erved ball must land past serving line an
annot hit back wall.
all can only bounce once before striking
all…but ball does not have to bounce.
!I hate the way people use slide presentations instead of thinking.
People would confront a problem by creating a presentation. I wanted
them to engage, to hash things out at the table, rather than show a
bunch of slides"%
- Steve Jobs
Avoiding death by PowerPoint
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©Syniverse Technologies – Proprietary Information – Not for Distribution 70
Standard	
  services
§ CollecBon	
  and	
  delivery	
  of	
  near	
  real	
  Bme	
  roaming	
  data	
  
§ CollecBon	
  of	
  raw	
  data	
  from	
  mediaBon	
  device	
  (or	
  switch)	
  
§ CollecBon	
  and	
  delivery	
  of	
  TD35	
  files	
  from	
  and	
  to	
  the	
  roaming	
  partners	
  
§ CollecBon	
  and	
  delivery	
  of	
  TD35	
  reports	
  from	
  and	
  to	
  the	
  roaming	
  partners	
  
§ Monitoring	
  and	
  troubleshooBng	
  of	
  data	
  exchange	
  
§ Check	
  for	
  missing	
  files	
  and	
  transmission	
  failures	
  
§ Highly	
  reacBve	
  customer	
  support	
  
§ ReporBng	
  
§ File	
  Delivery	
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  (FDR)	
  and	
  Error	
  Reports	
  (ER)	
  
§ AnalyBcal	
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  summarizing	
  processing	
  excepBons	
  
§ Traffic	
  and	
  performance	
  reports
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“People	
   who	
   know	
   what	
   they’re	
   talking	
  
about	
  don’t	
  need	
  PowerPoint”	
  
!
-­‐	
  Steve	
  Jobs
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The	
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  presenta,on	
  slide
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Sellers	
  will	
  always	
  chase	
  you	
  down	
  the	
  
road	
  if	
  they	
  think	
  you’re	
  walking	
  away	
  
from	
  a	
  deal	
  that	
  they	
  want	
  to	
  do
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A4#54*$k
2I/1(&5:$&OA#1A:lP&5*"<
Case	
  Study
Student	
  A	
  is	
  in	
  charge	
  of	
  customer	
  relaBons	
  for	
  Zara	
  France.	
  They	
  have	
  daily	
  100,000	
  
customers	
  in	
  50	
  stores	
  +	
  they	
  have	
  an	
  e-­‐bouBque.	
  
!
They	
  currently	
  use	
  SAP	
  for	
  CRM	
  installed	
  on	
  servers	
  located	
  in	
  their	
  headquarters	
  in	
  Paris.	
  The	
  
servers	
  belong	
  to	
  Zara	
  and	
  they	
  are	
  managed	
  by	
  their	
  IT	
  team.	
  Zara	
  is	
  interested	
  to	
  move	
  to	
  a	
  
cloud-­‐based	
  CRM.	
  
!
Student	
  B	
  is	
  in	
  charge	
  of	
  sales	
  for	
  SugarCRM.	
  Student	
  C	
  is	
  in	
  charge	
  of	
  sales	
  for	
  Salesforce.	
  
Both	
  of	
  them	
  are	
  presenBng	
  their	
  soluBons	
  to	
  Student	
  A	
  that	
  will	
  choose	
  one	
  of	
  them
What	
  to	
  remember?
!16<#1.D1'-&
A/6<#$F15D
[/4*%$&45#1'$
V&4:%+(%
#4.)$B,-W
X,4/EU+,-%#4.)$:%
$,>+.",#$,:
[$(+-,+,-%=."5'3:( =.+3+,-%=."5'3:(
=/43+,-%=."5'3:( =."#"B,-%=."5'3:(
)"*+$,'-&]X]
V&4:%+(%
#4.)$B,-W
)"*+$,'-&]X]
C:"5&1%&
)"*+$,'-
Is	
  this	
  marke,ng?
“ THE AIM OF MARKETING
I S T O K N O W A N D
U N D E R S T A N D T H E
CUSTOMER SO WELL THAT
THE PRODUCT OR SERVICE
FITS HIM AND SELLS ITSELF
”	
  
!
- PETER DRUCKER
)"*+$,'-&1%&"'&"A,I15D&(1*$A5$(&"5&
%",%.D1'-&'$$(%&"'(&?"'5%&5:*/4-:&
$FA:"'-$&<*/A$%%$%
!"#$%&'()*%"+,)-./0
122*, 3%#4.5%, 6*%",
72#)/0.,)528#,%)-%)-.++)9".'+:)8,%)/0%)
-2#*)!"#$%&'
;)(##$).,),29%/0.'(),29%2'%)5"')/2850
;))*"+,&*).,)<#24.*.'()"').'/"'(.=+%)=%'%>/)/2)
58,/29%#,
;'),$*-)5"').'5+8*%)52'5%</,)
"'*).9"(%,
;=28/)'%%*)"'*)-"'/
?",.5)089"')'%%*,)
.'5+8*%)@22*A)
5+2/0.'(A),"@%/:B
C"'/,)"#%)'%%*,)
,0"<%*)=:)58+/8#%)
"'*)/0%).'*.4.*8"+
DE50"'(%)F#25%,,%,
Something of value%
good, service, idea
BUYER
Something of value%
money, credit, labor
SELLER
The	
  4	
  Ps	
  of	
  Marke&ng
This	
  is	
  what	
  you	
  are	
  offering	
  to	
  your	
  
target	
  market	
  
Channel	
  your	
  product	
  will	
  go	
  through	
  
to	
  reach	
  the	
  customer
The	
  amount	
  you	
  will	
  charge	
  for	
  your	
  
product
How	
  you	
  raise	
  awareness	
  with	
  your	
  
target	
  market
I28#,%)J8/+.'%
V&4:%+(%
#4.)$B,-W
X,4/EU+,-%#4.)$:%
$,>+.",#$,:
[$(+-,+,-%=."5'3:( =.+3+,-%=."5'3:(
=/43+,-%=."5'3:( =."#"B,-%=."5'3:(
!"#$%&'()KLK
X,4/EU+,-%#4.)$:%
$,>+.",#$,:
Analyzing	
  your	
  customers
;'"+:M.'():28#)58,/29%#,
?NI
Analyzing	
  your	
  customers
;'"+:M.'():28#)58,/29%#,
?N?
Product driven
Large target market
Single step buying process, shorter sales
Brand identity created through repetition and
Emotional buying decision based on status, desire,
Mass	
  Market	
  /	
  B2C
Relationship driven
Small, focused target market
Multi-step buying process, longer sales
Brand identity created on personal
Rational buying decision based on business
D'/%#<#.,%)!"#$%/)O)?N?
B2C	
  or	
  B2B?
?NI)2#)?N?P
?NI)2#)?N?P
?NI)2#)?N?P
?NI)2#)?N?P
?NI)2#)?N?P
?NI)2#)?N?P
?NI)2#)?N?P
I28#,%)J8/+.'%
V&4:%+(%
#4.)$B,-W
X,4/EU+,-%#4.)$:%
$,>+.",#$,:
[$(+-,+,-%=."5'3:( =.+3+,-%=."5'3:(
=/43+,-%=."5'3:( =."#"B,-%=."5'3:(
!"#$%&'()KLK
[$(+-,+,-%=."5'3:(
What we used to believe 	

!
Strategy
What we now know	

!
Strategy
Planning comes before the plan
Business Models
What we used to believe 	

!
Process
Concept/!
Seed Round"
Product
Dev."
Alpha/Beta
Test"
Launch/"
1st Ship"
Product Introduction Model
Concept/!
Seed Round"
Product
Dev."
Alpha/Beta
Test"
Launch/"
1st Ship"
Marketing
- Create com
materials!
- Create positioning
- Hire PR agency!
- Early buzz
- Create
demand!
- Launch event!
- Branding
Tradition - Hire Marketing
Tradition - Hire Sales
Concept/!
Seed Round"
Product
Dev."
Alpha/Beta
Test"
Launch/"
1st Ship"
Marketing
- Create com
materials!
- Create positioning
- Hire PR agency!
- Early buzz
- Create
demand!
- Launch event!
- Branding
Sales
- Hire Sales VP!
- Hire first sales staff
- Build Sales
organization
Concept/!
Seed Round"
Product
Dev."
Alpha/Beta
Test"
Launch/"
1st Ship"
Marketing
- Create com
materials!
- Create positioning
- Hire PR agency!
- Early buzz
- Create
demand!
- Launch event!
- Branding
Sales
- Hire Sales VP!
- Hire first sales staff
- Build Sales
organization
Business
Development
- Hire first Biz Dev - Do deals
Tradition - Hire Bus Development
Concept/!
Seed Round"
Product
Dev."
Alpha/Beta
Test"
Launch/"
1st Ship"
Marketing
- Create com
materials!
- Create positioning
- Hire PR agency!
- Early buzz
- Create
demand!
- Launch event!
- Branding
Sales
- Hire Sales VP!
- Hire first sales staff
- Build Sales
organization
Business
Development
- Hire first Biz Dev - Do deals
Engineering - Write PRD - Waterfall PD - Testing
Tradition - Hire Engineers
Waterfall Product Management
Execution on Two “Knowns”
Waterfall Product Management
Execution on Two “Knowns”
Requirements!
Design!
Implementation!
Verification!
Maintenance!Customer Problem: known
Product Features: known
What we now know	

!
Process
Most startups fail from a lack of
customers than from a failure of
product development
Customer Development
Agile Development
+
What we used to believe 	

!
Organization
Hire and build a 	

Functional Organization
What we now know	

!
Organization
Startups run a 	

Customer Development Team
No Sales, Business Development or Marketing
Value Propositions
What are you building? For who?
Customer Segments
Who are they? Why would they buy?
Product Market Fit
Does the Value Proposition match Customer
Segments?
Channels
How does your product get to your customer?
Customer Relationships
How do you get, keep and grow customers?
Revenue Streams
How do you make money?
Key Resources
What are your most important assets?
Key Partners
Who are your partners and suppliers?
Key Activities
What’s most important for the business?
Cost Structure
What are the costs and expenses
Realize they are hypotheses
Guess! Guess!
Guess!
Guess!
Guess!
Guess!
Guess!
Guess!
Guess!
The Minimum Viable Product
The Pivot
I28#,%)J8/+.'%
V&4:%+(%
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F#.5%=.+3+,-%
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69<2#/"'/)2#)
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G0%)<#292&2'"+)9.E
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F%#,2'"+)3%++.'(
]4E%<$%:&$%#"(:%$m$3B>$%:""/%4:%
3$.:4+,%B#$(%<':%J
JN"(:%34,%<$%">$.9&$/#+,-o%
• ^$3.'+:#$,:%4,5%($/$3B",
• 2.4+,+,-
• N"#*$,(4B",
• N",:."//+,-%4,5%$>4/'4B",
3"+%,)F#292&2',
F8=+.5./:
!"#$%&'()
1%'.8,P
MarkeBng	
  is	
  not	
  about	
  the	
  Theory,	
  it’s	
  
about	
  Common	
  Sense
hpp://www.fastcodesign.com/1665331/why-­‐do-­‐b-­‐schools-­‐sBll-­‐teach-­‐the-­‐famed-­‐4ps-­‐of-­‐markeBng-­‐when-­‐three-­‐are-­‐dead	
  
MarkeBng	
  is	
  not	
  about	
  the	
  Theory,	
  it’s	
  
about	
  Common	
  Sense
?:F(%4//%4<"':%*/4,,+,-
“ M a r k e t i n g i s t o o
important to be left to
t h e m a r k e t i n g
department. ”	
  
!
- Seth Godin
What’s a
startup?
3 types of startups
Lifestyle Startups
Lifestyle Startups
Work to live
their Passion
Lifestyle Startups
Work to live
their Passion
Serve know
customer
with known
product
Lifestyle Startups
Work to live
their Passion
Serve know
customer
with known
product
No Exit potential
Small Business Startups
Small Business Startups
Work to
Feed the
family
Small Business Startups
Work to
Feed the
family
Serve know
customer
with known
product
Small Business Startups
Work to
Feed the
family
Serve know
customer
with known
product
Limited Exit potential
99,9% of French companies
Scalable Startups
Scalable Startups
Born to be
BIG
Scalable Startups
Born to be
BIG
Solution for
unknown
customer
with
unknown
features
Scalable Startups
Born to be
BIG
Solution for
unknown
customer
with
unknown
features
Huge Exit potential
Total Available
Market > "300M
Typically needs
Venture Capital
Growth Potential
> "50M
A startup is a temporary
organization used to search
for a repeatable and scalable
business model
Steve Blank - Author, Entrepreneur
Startups are Not small
versions of big companies
Startups Big Companies
Startups Big Companies
Search
Startups Big Companies
Search Execute
Startups Big Companies
Search Execute
Metrics
Startups Big Companies
Search Execute
Metrics Accounting
Startups Big Companies
Search Execute
Metrics Accounting
Customer
Validation
Startups Big Companies
Search Execute
Metrics Accounting
Customer
Validation
Sales
Startups Big Companies
Search Execute
Metrics Accounting
Customer
Validation
Sales
Customer
Development
Startups Big Companies
Search Execute
Metrics Accounting
Customer
Validation
Sales
Customer
Development
Product
Management
Startups Big Companies
Search Execute
Metrics Accounting
Customer
Validation
Sales
Customer
Development
Product
Management
Agile
Development
Startups Big Companies
Search Execute
Metrics Accounting
Customer
Validation
Sales
Customer
Development
Product
Management
Agile
Development
Engineering
Entrepreneurship as a
Management Science
Entrepreneurship as a
Management Science
E-School instead of B-School
The first business
school
1819
1908
First MBA
1957
First European
MBA
2008
> 100,000 MBAs /
year
Business as a Management Science
Business Schools Topics
Business Schools Topics
Execution
Business Schools Topics
Execution
Accounting
Business Schools Topics
Execution
Accounting
Strategy
Business Schools Topics
Execution
Accounting
Strategy
Product
Management
Business Schools Topics
Execution
Accounting
Strategy
Product
Management
Engineering
Startups Big Companies
Search Execute
Metrics Accounting
Customer
Validation
Sales
Customer
Development
Product
Management
Agile
Development
Engineering
Startups Big Companies
Search Execute
Metrics Accounting
Customer
Validation
Sales
Customer
Development
Product
Management
Agile
Development
Engineering
Startups Big Companies
Search Execute
Metrics Accounting
Customer
Validation
Sales
Customer
Development
Product
Management
Agile
Development
Engineering
Business Schools Focus on
Big Company Strategies
Business Schools
Limitations?
Business Schools
Limitations?
Most professors consult for large
companies
Business Schools
Limitations?
Most professors consult for large
companies
Most believe startups are small
versions of big companies
Business Schools
Limitations?
Most professors consult for large
companies
Most believe startups are small
versions of big companies
Most B-school
entrepreneurship programs
are side-shows
1959
1996
2005
2011
> 100 incubators
globally
Incubators !
a Reaction to the lack of Practical University
Entrepreneurship
Startup Incubators
Startup Incubators
Experience vs. Theory
Startup Incubators
Experience vs. Theory
Goal: create a
company and jobs
Startup Incubators
Experience vs. Theory
Goal: create a
company and jobs
Curriculum: product
development + best
practices
So, what’s in
there for you?
Or maybe still
hesitating?
5 myths about working for a
startup
5 myths about working for a
startup
1/ Smart people work for big companies
5 myths about working for a
startup
1/ Smart people work for big companies
5 myths about working for a
startup
1/ Smart people work for big companies
2/ Those who can’t get a job elsewehre join
a startup
5 myths about working for a
startup
1/ Smart people work for big companies
2/ Those who can’t get a job elsewehre join
a startup
5 myths about working for a
startup
1/ Smart people work for big companies
2/ Those who can’t get a job elsewehre join
a startup
3/ You can’t get real learning experience if
you work in a startup
5 myths about working for a
startup
1/ Smart people work for big companies
2/ Those who can’t get a job elsewehre join
a startup
3/ You can’t get real learning experience if
you work in a startup
5 myths about working for a
startup
1/ Smart people work for big companies
2/ Those who can’t get a job elsewehre join
a startup
3/ You can’t get real learning experience if
you work in a startup
4/ Startups don’t pay their employees
5 myths about working for a
startup
1/ Smart people work for big companies
2/ Those who can’t get a job elsewehre join
a startup
3/ You can’t get real learning experience if
you work in a startup
4/ Startups don’t pay their employees
5 myths about working for a
startup
1/ Smart people work for big companies
2/ Those who can’t get a job elsewehre join
a startup
3/ You can’t get real learning experience if
you work in a startup
4/ Startups don’t pay their employees
5/ The bigger the company you work for,
the better your career chances are
5 myths about working for a
startup
1/ Smart people work for big companies
2/ Those who can’t get a job elsewehre join
a startup
3/ You can’t get real learning experience if
you work in a startup
4/ Startups don’t pay their employees
5/ The bigger the company you work for,
the better your career chances are
And if you
already made
your choice...
Startups are changing the
world. Don’t miss the train
G0"'$,),2)9850)@2#)+.,/%'.'()"'*)
+%/T,),/":).')/2850U
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*"'.%+XY"'8=.'V529
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