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Entrepreneurship
Why, How and What’s Next

by Andi Sie
Startup Entrepreneur and Investor
WHY?
• Why Not
(e.g., I want to be an entrepreneur because I hate my job and I want to try something else)

• Just Because
(e.g., My parents and grandparents are entrepreneurs and so am I)

• Purpose*
*Purpose is beyond Passion, consider this the key to success that will help entrepreneurs go
through hard times
Example:
In 2012, ~ 1 out of 3 Americans are considered obese, over 147 Billion in
associated medical costs.
Source: American Heart Association, Center for Medicare & Medicaid Services 2012.

Can we do something about this???
How about this idea to scare people away from
consuming junk?
• Before

• After

Salt 52%

Fat
40%
Home Decor

Passion Driven
Startups

Houzz

Sport
Bleacher Report

Design
Pinterest
But we should look for purpose
beyond passion
Examples of Purpose Driven For Profit Businesses
• Cliff Bar - Make food that makes the world a better place
• Google - Organize the world’s information and make it universally accessible and useful
• Kiva - Make food that makes the world a better place
See more: http://gamechangers500.com/
How to look for a purpose?
Be compassionate, then:
• Observe your surrounding
• Identify problems
• Challenge status quo
Look for opportunity within your domain
Indonesia
Opportunity Within
I found the purpose, I want to
change the world, now what?
Now you need to look for a winning product
idea to deliver your purpose

Keep in mind…
Over 90% of startups failed!
Source: http://www.amazon.com/You-Build-Will-They-Come/dp/047056363X

Most founders failed to create the future with customers.
Source: http://hbswk.hbs.edu/item/6591.html
How to identify a winning product
idea for your next startup?
Use these simple I.T.C formula
• Impact – wholesome purpose ?
• Top Down – market size, customers, channels, cash
• Capability – leadership, ability to make the product
What’s Next?
• Positioning. Understand where you are at in life. Be
aware and thankful of who you are, what you have
and your surrounding
• Act. Don’t wait, take actions right away
• Measure. Measure your progress based on impact
Bonus: Free Winning Product Identifier
Scan the qr code on the left or
go to: http://bit.ly/winningproduct
Connect
Andi Sie
Startup Entrepreneur and Investor
@andisie
love@andisie.com
andisie.com

Let me know how can I be of assistance

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Startup entrepreneurs road map to developing winning products: Why, How and What's Next

  • 1. Entrepreneurship Why, How and What’s Next by Andi Sie Startup Entrepreneur and Investor
  • 2. WHY? • Why Not (e.g., I want to be an entrepreneur because I hate my job and I want to try something else) • Just Because (e.g., My parents and grandparents are entrepreneurs and so am I) • Purpose* *Purpose is beyond Passion, consider this the key to success that will help entrepreneurs go through hard times
  • 3. Example: In 2012, ~ 1 out of 3 Americans are considered obese, over 147 Billion in associated medical costs. Source: American Heart Association, Center for Medicare & Medicaid Services 2012. Can we do something about this???
  • 4. How about this idea to scare people away from consuming junk? • Before • After Salt 52% Fat 40%
  • 6. But we should look for purpose beyond passion Examples of Purpose Driven For Profit Businesses • Cliff Bar - Make food that makes the world a better place • Google - Organize the world’s information and make it universally accessible and useful • Kiva - Make food that makes the world a better place See more: http://gamechangers500.com/
  • 7. How to look for a purpose? Be compassionate, then: • Observe your surrounding • Identify problems • Challenge status quo Look for opportunity within your domain
  • 9. I found the purpose, I want to change the world, now what? Now you need to look for a winning product idea to deliver your purpose Keep in mind… Over 90% of startups failed! Source: http://www.amazon.com/You-Build-Will-They-Come/dp/047056363X Most founders failed to create the future with customers. Source: http://hbswk.hbs.edu/item/6591.html
  • 10. How to identify a winning product idea for your next startup? Use these simple I.T.C formula • Impact – wholesome purpose ? • Top Down – market size, customers, channels, cash • Capability – leadership, ability to make the product
  • 11. What’s Next? • Positioning. Understand where you are at in life. Be aware and thankful of who you are, what you have and your surrounding • Act. Don’t wait, take actions right away • Measure. Measure your progress based on impact
  • 12. Bonus: Free Winning Product Identifier Scan the qr code on the left or go to: http://bit.ly/winningproduct
  • 13. Connect Andi Sie Startup Entrepreneur and Investor @andisie love@andisie.com andisie.com Let me know how can I be of assistance