How to create your start-up?
Download as PPTX, PDF1 like463 views
This document provides information on how to create your own business and discusses entrepreneurship. It defines key terms like startups, owning a business, and entrepreneurship. The document recommends coming up with a great idea, defining goals, writing a business plan, networking, starting to make your product, getting investors, and selling. It notes that execution is important and while entrepreneurship is difficult, you can minimize risk. The summary focuses on the key steps and challenges of starting a business.
How to create your start-up?
- 1. FARAHIM ALILI 10.03.2013. C H I S I N A U , M O L D O VA How to Create Your Own Business
- 2. ? What is Own Business? What is Start-up? What is Entrepreneurship?
- 3. Eric Ries says: Startup = Experiment Entrepreneurship is management
- 4. The way Think of a great idea Define your goals. Ask why. Write a business plan. Project Proposal Network Do it! Start to make your product Get investors Sell
- 5. Think of a great idea Improve your creativity. Do new things! Know yourself Write ideas Identify a problem Analyze people
- 6. My experience Konullu.net – Support volunteering HiAzerbaijan.com – Short term home renting service
- 7. My idea can be successful? image: startupquote.com
- 8. “If I had asked people what they wanted, they would have said faster horses.” –Henry Ford
- 9. Your startup idea need not be: Complex Unique Clever Secret First to market High-technology Free of competition Based on a patent Something you thought of yourself 3Days Startup
- 10. Define your goals. Why you want to do it? PS. Make clear your goal on Startup project. I will help to you in future understand you are successful or not.
- 11. Business Plan Executive summary Business description Marketing strategies Competitive analysis Development plan Financials
- 12. Network Your network can be your.. - Customer - Worker - Investor - Supporter - Motivation source If there is no, built network!
- 13. Hello, my name is … What will you say that will get her attention and will produce a positive action ???
- 14. It is not about you What do people NOT care about: NOT your research, your technology, your discovery … NOT how big your company is or how many employees you have NOT how many degrees you have or how many papers you’ve written
- 15. It is about solving problems! The listener will care about: How you solve an important problem What makes your solution different What you need to be successful How they can help
- 16. Do it! Start to make your product
- 17. Get investors Decide on the type of investor you want to find Show your model product Share your business model Why do you need money? How will you spend it? What's the deal for the investor? Show why you? Know your rights
- 18. Sell Firstly to you. Ask why people will buy it? Do you make value? Understand motivation of buyers. Convert the customer's motivations into the product's characteristics.
- 19. BUT WHY MOST OF THE STARTUPS ARE FAIL? Exapmle: After 6 months, 8 of 100 startups make hope to success. (in Turkish market, by webrazzi.com)
- 22. Sorry! There is no guaranteed formula for startup success. However, you can minimize risk.
- 23. Why my startup failed? We focused to money not product. More positive. Gave up. Less experience. Week marketing strategy. No mentor.
- 24. How you can measure your success?
- 25. Execution is everything “In theory, there is no difference between theory and practice”-Albert Einstein
- 26. Summery Use your creativity. Make a product people need. But don’t be sad if you don’t make money.
- 27. Recourses I used: Personal experience Cam Houser_Baku_Azerbaijan.ppt Marty Business Model.ppt Marty_Preparing & Delivering your Pitch.ppt Wikihow.com Forbes - http://www.forbes.com/sites/ilyapozin/2012/09/20/8-reasons- startups-with-good-ideas-fail/ Slideshare.net Webrazzi - http://www.webrazzi.com/2012/12/21/turk-girisimcilik- ekosistemine-ters-acidan-bakis/ Eric Ries - The Lean Startup
- 28. Farahim Alili Multumesc amic! www.farah.im alili@farah.im