1. IEEE GOLD CY - LEARN STARTUP
26/11/2012
Stavriana A. Kofteros
CEO
2. Profile DIOGENES
Strategic Services
Facilitate the Mentoring
Coaching
creation of
Back Office
innovative Networking
startups Funding Access, Funds Sourcing
3. CHECKLIST
Business Young / Women Lack of Capital (Seed, Venture
Incubators, Entrepreneurs Entrepreneurship Support Capital)
Lack of start-up / spin-off
hip Support Programs
creation programs
Offices, Accelerators
Low Academic
Innovative Start-ups, Micro-funding (LOANS!): Entrepreneurship
Entrepreneurial Innovation JEREMIE, PROGRESS Lack of patenting/spinoff
Programs , CyEC procedures and funding
Research Centers, Extremely low research /
Research Universities, innovation funds (0.45% )
world-class results
Public – first Choice
Changing Culture to Start-up Cyprus
Open Coffee Cyprus, Cypriot Enterprise Link, Hack Cyprus, …etc
7. Innovation Planet
We made the buttons on the screen look so good you’ll
want to lick them
Innovation distinguishes between a leader and a
follower
Talent in Team
They have to be really smart. But the real issue for me
is, Are they going to fall in love with Apple?
Perseverance
We went to Hewlett-Packard, and they said, ‘Hey, we
don’t need you. You haven’t got through college yet
Steve Jobs
Chairman, Apple
8. Passion of CEO is the single differentiator
between doing ok and doing well
9.
10.
11. Team up. Get co-founders.
Evangelize idea.
Get a great BoA, Mentors.
Public speaking training.
Pitch. Pitch. Pitch.
Network. Network. Network .
12. TALK.TO.THE.CUSTOMER.
Write /Revise BP.
Do Not Self - Fulfill (your) prophecies.
There is always competition.
Build the product fast.
Test it.
Fail Fast. Re-build. Retest.
Get Traction.
Lean Startup Methodology
13.
14. Co founders fight
They cant build their initial spec
No one will fund their idea
Too few people buy/use the product
Most startups fail
from lack of customers
not from failure of product development
Steve Blank
15. Don’t fall in love with the technology.
Fall in love with the customer