There are several reasons why entrepreneurs fail when building startups, yet MBA business books typically don't ever cover any of these issues. In this talk, Kevin will discuss what gets in the way of entrepreneurial success and what causes the greatest number of failures.

1. WHY
ENTREPRENEURS
FAIL
@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

2. @kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

3. The Wall Street Journal
“The Next American
Frontier”
MAY 19, 2008
@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

4. The Venture Valley of Death
profit
growth
venture funding time
Valley of Death
angel funding
seed funding
@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

5. THE ENEMY?
COMPETITION
CASHFLOW
@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

6. The Reality:
Unknown customer
Unproven product
Market not validated
@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

7. Story #1
Story #1
@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

8. The Perception
RATTLE SNAKE
@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

9. The Real Problem
the unbuilt house
@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

10. The Reinvention Roller
Coaster: Risking the
Present for a Powerful
Future
@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

11. Story #2
@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

12. KILLER #2
@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

13. Combine these:
skills passion
market
@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

14. Three Elements of
Motivation
Autonomy
Mastery
Purpose
@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

15. You’ve
Got to
Go Pro
@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

16. Story #3
@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

17. Picking a fight you can’t win
@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

18. NEEDED
EXTRA
@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

19. CUSTOMER FOCUSED
DELIVERY
DEMO SELL BUILD
@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

20. @kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

21. Tech Ranch Austin
@techranch
Saturday, August 7, 2010

22. Its a great time
to start a startup
We’re here to help
@techranch
@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

23. @KKOYM
@TECHRANCH
JOIN OUR NEXT
CAMPFIRE
@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

24. TECHRANCHAUSTIN.COM
@KKOYM
@TECHRANCH
@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

25. Tech Ranch Austin
@techranch
Saturday, August 7, 2010