SlideShare une entreprise Scribd logo
1  sur  39
Don‘t become an
 entrepreneur
  Unless you are insane

     Iserlohn, December 2012
Who wants to start a
     startup?
     Or has just started?
manuel koelman | dutch entrepreneur | living in
cologne | currently working on getcontext.de
and MailFred.de | practical philosopher |
involved with piratesummit.com | interested in
agile, lean and productivity | business angel |
ecommerce guy | startup mentor | caotina lover
| traveler | cheese addicted | proud father
PIRATES
 WHY I DO WHAT I DO?
"Entrepreneurship is
throwing yourself off a cliff
and building a plane on the
way down."
Reid Hoffman, Founder of LinkedIn
Are you a pirate?
That thrill of your first hire, when you’ve convinced some
other crazy soul to join you in your almost certainly
doomed project. The high from raising venture capital and
starting to see your name mentioned in the press. The
excitement of launch and…gulp…customers! and the
feeling of truly learning something useful, you’re just not
sure what it is, when the company almost inevitably
crashes and burns.
- Mike Arrington, Techcrunch
Who still wants to do a
      startup?
You will fail.
     I have.
Startup =
Experiment
Startups act in an environment of extreme uncertainty.
Why do startups fail?
Rarely because the product doesn’t work.
Usually because there are no customers.
What does failure
    mean?
The companies I founded:

farbquadrat
  talential
 getContext
      ?
Failure is not the enemy.
 Fear of failure is. Not learning is. And not
      trying. And not listening. And…
ENTREPRENEURSHIP
= MONEY & STATUS
       NOT.
Chances are you will make less
  money than your friends.
    Assuming your friends have “normal” jobs.
You get no respect.
  And no fancy cars, hotels etc.
Get out of your
comfort zone.
Successful startups aren’t build
   by fat and happy people.
PASSION
  THE FOUNDATION.
Passion ≠ Market.
   Just to be clear: It should be
  Your Passion = Chosen Market.
What are you
passionate about?
Chances are you can
build a business around
     your passion.
 It may not be easy, but at least it’s fun.
DNA
   YES, I DO BELIEVE THERE IS
SOMETHING LIKE FOUNDERS DNA.
Probably more accurate than you’d think.
Entrepreneurs are
     obsessed.
 It’s a survival strategy for tough times.
There will be tough times. Be prepared.
PARTNERS
IT‘S HARDER TO FIND A CO-FOUNDER THAN YOU THINK.
Picking a co-founder is like
 picking a husband/wife.
      A co-founder is not an employee.
You will fight.
 Just like in a marriage.
Tech guy
         Product guy
          Sales guy
                  Which one are you?



In a tech startup it is a good idea to have all three of these roles (not
       necessarily three different people) in the founding team.
           And no, you don’t need a strategy guy nor a CFO.
Commitment.
Especially the founding team.
If you are not committed why would anybody else be?
What does
commitment mean?
Some – not necessarily smart – examples of commitment:
         Invest your own money.
If you are stupid: Invest ALL your money.
       Be scrappy with everything.
     Pay your employee’s salary first.
Pay yourself what’s left: Usually nothing.
     Consequently: Eat (very) cheap.
 Have the team work in your apartment.
     Better yet: Sleep in your office.
      Don’t go on vacation for years.
       Enjoy the 7-day work week.
  Go networking if you are not working.
Your social life will be over.
    Be ready to disappoint friends and family.
Are you
an entrepreneur?
Beware!
Entrepreneurship is like a drug.
Never ever ever ever give up.
Don’t stop creating.
Shutting down one idea just means you have more
          time to focus on the next one.
Enjoy the rush.
?
Any questions
Find me around the net          Websites
   @manuelkoelman               www.getcontext.de
                                www.leanentrepreneur.com
   fb.com/koelman
                                www.23moments.com
   de.linkedin.com/in/koelman

Contenu connexe

Tendances

11 Inspirational Quotes from the Top CEOs of the Modern Business World
11 Inspirational Quotes from the Top CEOs of the Modern Business World11 Inspirational Quotes from the Top CEOs of the Modern Business World
11 Inspirational Quotes from the Top CEOs of the Modern Business WorldMatt Burke
 
What is transparency?
What is transparency?What is transparency?
What is transparency?Jordan Husney
 
Culture at Uberflip
Culture at UberflipCulture at Uberflip
Culture at UberflipUberflip
 
Foundation Day - dotForge - April 2013
Foundation Day - dotForge - April 2013Foundation Day - dotForge - April 2013
Foundation Day - dotForge - April 2013Founder-Centric
 
Timeless Marketing Wisdom From David Ogilvy
Timeless Marketing Wisdom From David OgilvyTimeless Marketing Wisdom From David Ogilvy
Timeless Marketing Wisdom From David OgilvyHubSpot
 
Lean startup principles i catapult
Lean startup principles   i catapultLean startup principles   i catapult
Lean startup principles i catapultFounder-Centric
 
Tec offline training package 20200205 update
Tec offline training package 20200205 updateTec offline training package 20200205 update
Tec offline training package 20200205 updateGarageAIST
 
Telemedicine Clinic (TMC) Culture Book
Telemedicine Clinic (TMC) Culture BookTelemedicine Clinic (TMC) Culture Book
Telemedicine Clinic (TMC) Culture BookSebastian Ross
 
The Keys to a Killer Company Culture
The Keys to a Killer Company CultureThe Keys to a Killer Company Culture
The Keys to a Killer Company CulturePatrick Ball
 
Creating a Company Your (New) Employees Love Katie Burke, VP Culture & Experi...
Creating a Company Your (New) Employees Love Katie Burke, VP Culture & Experi...Creating a Company Your (New) Employees Love Katie Burke, VP Culture & Experi...
Creating a Company Your (New) Employees Love Katie Burke, VP Culture & Experi...MassTLC
 
Top 5 Money Mistakes Made by Millennials
Top 5 Money Mistakes Made by MillennialsTop 5 Money Mistakes Made by Millennials
Top 5 Money Mistakes Made by MillennialsRenuka Rana
 
24-7 culture code
24-7 culture code24-7 culture code
24-7 culture code24-7 inc.
 
Sales Ideas from Tom Peters
Sales Ideas from Tom PetersSales Ideas from Tom Peters
Sales Ideas from Tom PetersRAD-INFO, Inc.
 
The Search for Meaning in B2B Marketing
The Search for Meaning in B2B MarketingThe Search for Meaning in B2B Marketing
The Search for Meaning in B2B MarketingVelocity Partners
 
Azione Capital - UTM Skudai AIESEC - Entrepreneurship In Malaysia Talk
Azione Capital - UTM Skudai AIESEC - Entrepreneurship In Malaysia TalkAzione Capital - UTM Skudai AIESEC - Entrepreneurship In Malaysia Talk
Azione Capital - UTM Skudai AIESEC - Entrepreneurship In Malaysia TalkNicholas Chan
 
HubSpot Company Meeting June 2009
HubSpot Company Meeting June 2009HubSpot Company Meeting June 2009
HubSpot Company Meeting June 2009HubSpot
 
The Truth About Startups: What I wish someone had told me about entrepreneurs...
The Truth About Startups: What I wish someone had told me about entrepreneurs...The Truth About Startups: What I wish someone had told me about entrepreneurs...
The Truth About Startups: What I wish someone had told me about entrepreneurs...Yevgeniy Brikman
 
A Whip and a Lightsabre - a True Story (Sort of)
A Whip and a Lightsabre - a True Story (Sort of)A Whip and a Lightsabre - a True Story (Sort of)
A Whip and a Lightsabre - a True Story (Sort of)Forward Partners
 
Start your Own Thing: Becoming an English-Speaking Female Entrepreneur in Bol...
Start your Own Thing: Becoming an English-Speaking Female Entrepreneur in Bol...Start your Own Thing: Becoming an English-Speaking Female Entrepreneur in Bol...
Start your Own Thing: Becoming an English-Speaking Female Entrepreneur in Bol...Giacomo 'Peldi' Guilizzoni
 

Tendances (20)

11 Inspirational Quotes from the Top CEOs of the Modern Business World
11 Inspirational Quotes from the Top CEOs of the Modern Business World11 Inspirational Quotes from the Top CEOs of the Modern Business World
11 Inspirational Quotes from the Top CEOs of the Modern Business World
 
What is transparency?
What is transparency?What is transparency?
What is transparency?
 
Culture at Uberflip
Culture at UberflipCulture at Uberflip
Culture at Uberflip
 
Foundation Day - dotForge - April 2013
Foundation Day - dotForge - April 2013Foundation Day - dotForge - April 2013
Foundation Day - dotForge - April 2013
 
Timeless Marketing Wisdom From David Ogilvy
Timeless Marketing Wisdom From David OgilvyTimeless Marketing Wisdom From David Ogilvy
Timeless Marketing Wisdom From David Ogilvy
 
Lean startup principles i catapult
Lean startup principles   i catapultLean startup principles   i catapult
Lean startup principles i catapult
 
Tec offline training package 20200205 update
Tec offline training package 20200205 updateTec offline training package 20200205 update
Tec offline training package 20200205 update
 
WebAble Culture Code
WebAble Culture CodeWebAble Culture Code
WebAble Culture Code
 
Telemedicine Clinic (TMC) Culture Book
Telemedicine Clinic (TMC) Culture BookTelemedicine Clinic (TMC) Culture Book
Telemedicine Clinic (TMC) Culture Book
 
The Keys to a Killer Company Culture
The Keys to a Killer Company CultureThe Keys to a Killer Company Culture
The Keys to a Killer Company Culture
 
Creating a Company Your (New) Employees Love Katie Burke, VP Culture & Experi...
Creating a Company Your (New) Employees Love Katie Burke, VP Culture & Experi...Creating a Company Your (New) Employees Love Katie Burke, VP Culture & Experi...
Creating a Company Your (New) Employees Love Katie Burke, VP Culture & Experi...
 
Top 5 Money Mistakes Made by Millennials
Top 5 Money Mistakes Made by MillennialsTop 5 Money Mistakes Made by Millennials
Top 5 Money Mistakes Made by Millennials
 
24-7 culture code
24-7 culture code24-7 culture code
24-7 culture code
 
Sales Ideas from Tom Peters
Sales Ideas from Tom PetersSales Ideas from Tom Peters
Sales Ideas from Tom Peters
 
The Search for Meaning in B2B Marketing
The Search for Meaning in B2B MarketingThe Search for Meaning in B2B Marketing
The Search for Meaning in B2B Marketing
 
Azione Capital - UTM Skudai AIESEC - Entrepreneurship In Malaysia Talk
Azione Capital - UTM Skudai AIESEC - Entrepreneurship In Malaysia TalkAzione Capital - UTM Skudai AIESEC - Entrepreneurship In Malaysia Talk
Azione Capital - UTM Skudai AIESEC - Entrepreneurship In Malaysia Talk
 
HubSpot Company Meeting June 2009
HubSpot Company Meeting June 2009HubSpot Company Meeting June 2009
HubSpot Company Meeting June 2009
 
The Truth About Startups: What I wish someone had told me about entrepreneurs...
The Truth About Startups: What I wish someone had told me about entrepreneurs...The Truth About Startups: What I wish someone had told me about entrepreneurs...
The Truth About Startups: What I wish someone had told me about entrepreneurs...
 
A Whip and a Lightsabre - a True Story (Sort of)
A Whip and a Lightsabre - a True Story (Sort of)A Whip and a Lightsabre - a True Story (Sort of)
A Whip and a Lightsabre - a True Story (Sort of)
 
Start your Own Thing: Becoming an English-Speaking Female Entrepreneur in Bol...
Start your Own Thing: Becoming an English-Speaking Female Entrepreneur in Bol...Start your Own Thing: Becoming an English-Speaking Female Entrepreneur in Bol...
Start your Own Thing: Becoming an English-Speaking Female Entrepreneur in Bol...
 

Similaire à Don't become an entrepreneur unless you are insane

Startup 101 for students and aspiring entrepreneurs
Startup 101 for students and aspiring entrepreneursStartup 101 for students and aspiring entrepreneurs
Startup 101 for students and aspiring entrepreneursRakesh Soni
 
Startup Now: A Guide from the Seedcamp 2011 participants
Startup Now: A Guide from the Seedcamp 2011 participantsStartup Now: A Guide from the Seedcamp 2011 participants
Startup Now: A Guide from the Seedcamp 2011 participantscubesocial
 
18 ways to kill a startup or your startup FU40 Group shares
18 ways to kill a startup or your startup   FU40 Group shares18 ways to kill a startup or your startup   FU40 Group shares
18 ways to kill a startup or your startup FU40 Group sharesEmmanuel Omikunle
 
Building the business brain
Building the business brainBuilding the business brain
Building the business brainAhmadALZarari
 
how to really get into marketing
how to really get into marketinghow to really get into marketing
how to really get into marketingrockypatidar
 
Successful Careers in Marketing FREE DOWNLOAD
Successful Careers in Marketing  FREE DOWNLOADSuccessful Careers in Marketing  FREE DOWNLOAD
Successful Careers in Marketing FREE DOWNLOADBeloved Brands Inc.
 
Becoming an entrepreneur
Becoming an entrepreneurBecoming an entrepreneur
Becoming an entrepreneurstuartlockwood2
 
Surviving the First Years of Business
Surviving the First Years of BusinessSurviving the First Years of Business
Surviving the First Years of BusinessEtonde Martin
 
How To (Really) Get Into Marketing
How To (Really) Get Into MarketingHow To (Really) Get Into Marketing
How To (Really) Get Into MarketingEd Fry
 
Rework book club-20120522
Rework book club-20120522Rework book club-20120522
Rework book club-20120522Jared Bieberich
 
How to begin your career in sales
How to begin your career in salesHow to begin your career in sales
How to begin your career in salesSanjoe Tom Jose
 
Building the Business Brain
Building the Business BrainBuilding the Business Brain
Building the Business BrainAl Morales
 
Becoming an entrepreneur
Becoming an entrepreneurBecoming an entrepreneur
Becoming an entrepreneurMarc Clarysse
 
Rework book by 37signals
Rework book by 37signalsRework book by 37signals
Rework book by 37signalsJoakim Nilsson
 
Startup 101, what I learned the hard way
Startup 101, what I learned the hard wayStartup 101, what I learned the hard way
Startup 101, what I learned the hard wayPieter Eerlings
 
Entrepreneurship highs and lows
Entrepreneurship highs and lowsEntrepreneurship highs and lows
Entrepreneurship highs and lowsBernard Charlebois
 

Similaire à Don't become an entrepreneur unless you are insane (20)

Startup 101 for students and aspiring entrepreneurs
Startup 101 for students and aspiring entrepreneursStartup 101 for students and aspiring entrepreneurs
Startup 101 for students and aspiring entrepreneurs
 
Startup Now: A Guide from the Seedcamp 2011 participants
Startup Now: A Guide from the Seedcamp 2011 participantsStartup Now: A Guide from the Seedcamp 2011 participants
Startup Now: A Guide from the Seedcamp 2011 participants
 
18 ways to kill a startup or your startup FU40 Group shares
18 ways to kill a startup or your startup   FU40 Group shares18 ways to kill a startup or your startup   FU40 Group shares
18 ways to kill a startup or your startup FU40 Group shares
 
Building the business brain
Building the business brainBuilding the business brain
Building the business brain
 
how to really get into marketing
how to really get into marketinghow to really get into marketing
how to really get into marketing
 
Successful Careers in Marketing FREE DOWNLOAD
Successful Careers in Marketing  FREE DOWNLOADSuccessful Careers in Marketing  FREE DOWNLOAD
Successful Careers in Marketing FREE DOWNLOAD
 
44-best-sales-tips-ever
44-best-sales-tips-ever44-best-sales-tips-ever
44-best-sales-tips-ever
 
Becoming an entrepreneur
Becoming an entrepreneurBecoming an entrepreneur
Becoming an entrepreneur
 
Surviving the First Years of Business
Surviving the First Years of BusinessSurviving the First Years of Business
Surviving the First Years of Business
 
How To (Really) Get Into Marketing
How To (Really) Get Into MarketingHow To (Really) Get Into Marketing
How To (Really) Get Into Marketing
 
Rework book club-20120522
Rework book club-20120522Rework book club-20120522
Rework book club-20120522
 
How to begin your career in sales
How to begin your career in salesHow to begin your career in sales
How to begin your career in sales
 
Building the Business Brain
Building the Business BrainBuilding the Business Brain
Building the Business Brain
 
Becoming an entrepreneur
Becoming an entrepreneurBecoming an entrepreneur
Becoming an entrepreneur
 
Becoming an entrepreneur - Fives W
Becoming an entrepreneur - Fives WBecoming an entrepreneur - Fives W
Becoming an entrepreneur - Fives W
 
Content Queen Portfolio
Content Queen PortfolioContent Queen Portfolio
Content Queen Portfolio
 
Rework book by 37signals
Rework book by 37signalsRework book by 37signals
Rework book by 37signals
 
Startup 101, what I learned the hard way
Startup 101, what I learned the hard wayStartup 101, what I learned the hard way
Startup 101, what I learned the hard way
 
Fire up your career
Fire up your careerFire up your career
Fire up your career
 
Entrepreneurship highs and lows
Entrepreneurship highs and lowsEntrepreneurship highs and lows
Entrepreneurship highs and lows
 

Dernier

Moradia Isolada com Logradouro; Detached house with patio in Penacova
Moradia Isolada com Logradouro; Detached house with patio in PenacovaMoradia Isolada com Logradouro; Detached house with patio in Penacova
Moradia Isolada com Logradouro; Detached house with patio in Penacovaimostorept
 
JAJPUR CALL GIRL ❤ 8272964427❤ CALL GIRLS IN JAJPUR ESCORTS SERVICE PROVIDE
JAJPUR CALL GIRL ❤ 8272964427❤ CALL GIRLS IN JAJPUR  ESCORTS SERVICE PROVIDEJAJPUR CALL GIRL ❤ 8272964427❤ CALL GIRLS IN JAJPUR  ESCORTS SERVICE PROVIDE
JAJPUR CALL GIRL ❤ 8272964427❤ CALL GIRLS IN JAJPUR ESCORTS SERVICE PROVIDEkajalroy875762
 
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)Adnet Communications
 
JIND CALL GIRL ❤ 8272964427❤ CALL GIRLS IN JIND ESCORTS SERVICE PROVIDE
JIND CALL GIRL ❤ 8272964427❤ CALL GIRLS IN JIND ESCORTS SERVICE PROVIDEJIND CALL GIRL ❤ 8272964427❤ CALL GIRLS IN JIND ESCORTS SERVICE PROVIDE
JIND CALL GIRL ❤ 8272964427❤ CALL GIRLS IN JIND ESCORTS SERVICE PROVIDEkajalroy875762
 
The Art of Decision-Making: Navigating Complexity and Uncertainty
The Art of Decision-Making: Navigating Complexity and UncertaintyThe Art of Decision-Making: Navigating Complexity and Uncertainty
The Art of Decision-Making: Navigating Complexity and Uncertaintycapivisgroup
 
Presentation4 (2) survey responses clearly labelled
Presentation4 (2) survey responses clearly labelledPresentation4 (2) survey responses clearly labelled
Presentation4 (2) survey responses clearly labelledCaitlinCummins3
 
Progress Report - UKG Analyst Summit 2024 - A lot to do - Good Progress1-1.pdf
Progress Report - UKG Analyst Summit 2024 - A lot to do - Good Progress1-1.pdfProgress Report - UKG Analyst Summit 2024 - A lot to do - Good Progress1-1.pdf
Progress Report - UKG Analyst Summit 2024 - A lot to do - Good Progress1-1.pdfHolger Mueller
 
Jual obat aborsi Hongkong ( 085657271886 ) Cytote pil telat bulan penggugur k...
Jual obat aborsi Hongkong ( 085657271886 ) Cytote pil telat bulan penggugur k...Jual obat aborsi Hongkong ( 085657271886 ) Cytote pil telat bulan penggugur k...
Jual obat aborsi Hongkong ( 085657271886 ) Cytote pil telat bulan penggugur k...Klinik kandungan
 
Shots fired Budget Presentation.pdf12312
Shots fired Budget Presentation.pdf12312Shots fired Budget Presentation.pdf12312
Shots fired Budget Presentation.pdf12312LR1709MUSIC
 
00971508021841 حبوب الإجهاض في دبي | أبوظبي | الشارقة | السطوة |❇ ❈ ((![© ر
00971508021841 حبوب الإجهاض في دبي | أبوظبي | الشارقة | السطوة |❇ ❈ ((![©  ر00971508021841 حبوب الإجهاض في دبي | أبوظبي | الشارقة | السطوة |❇ ❈ ((![©  ر
00971508021841 حبوب الإجهاض في دبي | أبوظبي | الشارقة | السطوة |❇ ❈ ((![© رnafizanafzal
 
How Bookkeeping helps you in Cost Saving, Tax Saving and Smooth Business Runn...
How Bookkeeping helps you in Cost Saving, Tax Saving and Smooth Business Runn...How Bookkeeping helps you in Cost Saving, Tax Saving and Smooth Business Runn...
How Bookkeeping helps you in Cost Saving, Tax Saving and Smooth Business Runn...YourLegal Accounting
 
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAIGetting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAITim Wilson
 
QSM Chap 10 Service Culture in Tourism and Hospitality Industry.pptx
QSM Chap 10 Service Culture in Tourism and Hospitality Industry.pptxQSM Chap 10 Service Culture in Tourism and Hospitality Industry.pptx
QSM Chap 10 Service Culture in Tourism and Hospitality Industry.pptxDitasDelaCruz
 
Solar Panel Installation A Comprehensive Guide.pdf
Solar Panel Installation A Comprehensive Guide.pdfSolar Panel Installation A Comprehensive Guide.pdf
Solar Panel Installation A Comprehensive Guide.pdfDYFA Electrical
 
GURGAON CALL GIRL ❤ 8272964427❤ CALL GIRLS IN GURGAON ESCORTS SERVICE PROVIDE
GURGAON CALL GIRL ❤ 8272964427❤ CALL GIRLS IN GURGAON  ESCORTS SERVICE PROVIDEGURGAON CALL GIRL ❤ 8272964427❤ CALL GIRLS IN GURGAON  ESCORTS SERVICE PROVIDE
GURGAON CALL GIRL ❤ 8272964427❤ CALL GIRLS IN GURGAON ESCORTS SERVICE PROVIDEkajalroy875762
 
Challenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
Challenges and Opportunities: A Qualitative Study on Tax Compliance in PakistanChallenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
Challenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistanvineshkumarsajnani12
 
obat aborsi bandung wa 081336238223 jual obat aborsi cytotec asli di bandung9...
obat aborsi bandung wa 081336238223 jual obat aborsi cytotec asli di bandung9...obat aborsi bandung wa 081336238223 jual obat aborsi cytotec asli di bandung9...
obat aborsi bandung wa 081336238223 jual obat aborsi cytotec asli di bandung9...yulianti213969
 

Dernier (20)

Moradia Isolada com Logradouro; Detached house with patio in Penacova
Moradia Isolada com Logradouro; Detached house with patio in PenacovaMoradia Isolada com Logradouro; Detached house with patio in Penacova
Moradia Isolada com Logradouro; Detached house with patio in Penacova
 
JAJPUR CALL GIRL ❤ 8272964427❤ CALL GIRLS IN JAJPUR ESCORTS SERVICE PROVIDE
JAJPUR CALL GIRL ❤ 8272964427❤ CALL GIRLS IN JAJPUR  ESCORTS SERVICE PROVIDEJAJPUR CALL GIRL ❤ 8272964427❤ CALL GIRLS IN JAJPUR  ESCORTS SERVICE PROVIDE
JAJPUR CALL GIRL ❤ 8272964427❤ CALL GIRLS IN JAJPUR ESCORTS SERVICE PROVIDE
 
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
 
JIND CALL GIRL ❤ 8272964427❤ CALL GIRLS IN JIND ESCORTS SERVICE PROVIDE
JIND CALL GIRL ❤ 8272964427❤ CALL GIRLS IN JIND ESCORTS SERVICE PROVIDEJIND CALL GIRL ❤ 8272964427❤ CALL GIRLS IN JIND ESCORTS SERVICE PROVIDE
JIND CALL GIRL ❤ 8272964427❤ CALL GIRLS IN JIND ESCORTS SERVICE PROVIDE
 
Obat Aborsi Pasuruan 0851\7696\3835 Jual Obat Cytotec Di Pasuruan
Obat Aborsi Pasuruan 0851\7696\3835 Jual Obat Cytotec Di PasuruanObat Aborsi Pasuruan 0851\7696\3835 Jual Obat Cytotec Di Pasuruan
Obat Aborsi Pasuruan 0851\7696\3835 Jual Obat Cytotec Di Pasuruan
 
The Art of Decision-Making: Navigating Complexity and Uncertainty
The Art of Decision-Making: Navigating Complexity and UncertaintyThe Art of Decision-Making: Navigating Complexity and Uncertainty
The Art of Decision-Making: Navigating Complexity and Uncertainty
 
Presentation4 (2) survey responses clearly labelled
Presentation4 (2) survey responses clearly labelledPresentation4 (2) survey responses clearly labelled
Presentation4 (2) survey responses clearly labelled
 
WAM Corporate Presentation May 2024_w.pdf
WAM Corporate Presentation May 2024_w.pdfWAM Corporate Presentation May 2024_w.pdf
WAM Corporate Presentation May 2024_w.pdf
 
Progress Report - UKG Analyst Summit 2024 - A lot to do - Good Progress1-1.pdf
Progress Report - UKG Analyst Summit 2024 - A lot to do - Good Progress1-1.pdfProgress Report - UKG Analyst Summit 2024 - A lot to do - Good Progress1-1.pdf
Progress Report - UKG Analyst Summit 2024 - A lot to do - Good Progress1-1.pdf
 
Jual obat aborsi Hongkong ( 085657271886 ) Cytote pil telat bulan penggugur k...
Jual obat aborsi Hongkong ( 085657271886 ) Cytote pil telat bulan penggugur k...Jual obat aborsi Hongkong ( 085657271886 ) Cytote pil telat bulan penggugur k...
Jual obat aborsi Hongkong ( 085657271886 ) Cytote pil telat bulan penggugur k...
 
Obat Aborsi Malang 0851\7696\3835 Jual Obat Cytotec Di Malang
Obat Aborsi Malang 0851\7696\3835 Jual Obat Cytotec Di MalangObat Aborsi Malang 0851\7696\3835 Jual Obat Cytotec Di Malang
Obat Aborsi Malang 0851\7696\3835 Jual Obat Cytotec Di Malang
 
Shots fired Budget Presentation.pdf12312
Shots fired Budget Presentation.pdf12312Shots fired Budget Presentation.pdf12312
Shots fired Budget Presentation.pdf12312
 
00971508021841 حبوب الإجهاض في دبي | أبوظبي | الشارقة | السطوة |❇ ❈ ((![© ر
00971508021841 حبوب الإجهاض في دبي | أبوظبي | الشارقة | السطوة |❇ ❈ ((![©  ر00971508021841 حبوب الإجهاض في دبي | أبوظبي | الشارقة | السطوة |❇ ❈ ((![©  ر
00971508021841 حبوب الإجهاض في دبي | أبوظبي | الشارقة | السطوة |❇ ❈ ((![© ر
 
How Bookkeeping helps you in Cost Saving, Tax Saving and Smooth Business Runn...
How Bookkeeping helps you in Cost Saving, Tax Saving and Smooth Business Runn...How Bookkeeping helps you in Cost Saving, Tax Saving and Smooth Business Runn...
How Bookkeeping helps you in Cost Saving, Tax Saving and Smooth Business Runn...
 
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAIGetting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
 
QSM Chap 10 Service Culture in Tourism and Hospitality Industry.pptx
QSM Chap 10 Service Culture in Tourism and Hospitality Industry.pptxQSM Chap 10 Service Culture in Tourism and Hospitality Industry.pptx
QSM Chap 10 Service Culture in Tourism and Hospitality Industry.pptx
 
Solar Panel Installation A Comprehensive Guide.pdf
Solar Panel Installation A Comprehensive Guide.pdfSolar Panel Installation A Comprehensive Guide.pdf
Solar Panel Installation A Comprehensive Guide.pdf
 
GURGAON CALL GIRL ❤ 8272964427❤ CALL GIRLS IN GURGAON ESCORTS SERVICE PROVIDE
GURGAON CALL GIRL ❤ 8272964427❤ CALL GIRLS IN GURGAON  ESCORTS SERVICE PROVIDEGURGAON CALL GIRL ❤ 8272964427❤ CALL GIRLS IN GURGAON  ESCORTS SERVICE PROVIDE
GURGAON CALL GIRL ❤ 8272964427❤ CALL GIRLS IN GURGAON ESCORTS SERVICE PROVIDE
 
Challenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
Challenges and Opportunities: A Qualitative Study on Tax Compliance in PakistanChallenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
Challenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
 
obat aborsi bandung wa 081336238223 jual obat aborsi cytotec asli di bandung9...
obat aborsi bandung wa 081336238223 jual obat aborsi cytotec asli di bandung9...obat aborsi bandung wa 081336238223 jual obat aborsi cytotec asli di bandung9...
obat aborsi bandung wa 081336238223 jual obat aborsi cytotec asli di bandung9...
 

Don't become an entrepreneur unless you are insane

  • 1. Don‘t become an entrepreneur Unless you are insane Iserlohn, December 2012
  • 2. Who wants to start a startup? Or has just started?
  • 3. manuel koelman | dutch entrepreneur | living in cologne | currently working on getcontext.de and MailFred.de | practical philosopher | involved with piratesummit.com | interested in agile, lean and productivity | business angel | ecommerce guy | startup mentor | caotina lover | traveler | cheese addicted | proud father
  • 4. PIRATES WHY I DO WHAT I DO?
  • 5. "Entrepreneurship is throwing yourself off a cliff and building a plane on the way down." Reid Hoffman, Founder of LinkedIn
  • 6. Are you a pirate? That thrill of your first hire, when you’ve convinced some other crazy soul to join you in your almost certainly doomed project. The high from raising venture capital and starting to see your name mentioned in the press. The excitement of launch and…gulp…customers! and the feeling of truly learning something useful, you’re just not sure what it is, when the company almost inevitably crashes and burns. - Mike Arrington, Techcrunch
  • 7. Who still wants to do a startup?
  • 8. You will fail. I have.
  • 9. Startup = Experiment Startups act in an environment of extreme uncertainty.
  • 10. Why do startups fail? Rarely because the product doesn’t work. Usually because there are no customers.
  • 12. The companies I founded: farbquadrat talential getContext ?
  • 13. Failure is not the enemy. Fear of failure is. Not learning is. And not trying. And not listening. And…
  • 15. Chances are you will make less money than your friends. Assuming your friends have “normal” jobs.
  • 16. You get no respect. And no fancy cars, hotels etc.
  • 17. Get out of your comfort zone. Successful startups aren’t build by fat and happy people.
  • 18. PASSION THE FOUNDATION.
  • 19. Passion ≠ Market. Just to be clear: It should be Your Passion = Chosen Market.
  • 21. Chances are you can build a business around your passion. It may not be easy, but at least it’s fun.
  • 22. DNA YES, I DO BELIEVE THERE IS SOMETHING LIKE FOUNDERS DNA.
  • 23. Probably more accurate than you’d think.
  • 24. Entrepreneurs are obsessed. It’s a survival strategy for tough times. There will be tough times. Be prepared.
  • 25. PARTNERS IT‘S HARDER TO FIND A CO-FOUNDER THAN YOU THINK.
  • 26. Picking a co-founder is like picking a husband/wife. A co-founder is not an employee.
  • 27. You will fight. Just like in a marriage.
  • 28. Tech guy Product guy Sales guy Which one are you? In a tech startup it is a good idea to have all three of these roles (not necessarily three different people) in the founding team. And no, you don’t need a strategy guy nor a CFO.
  • 29. Commitment. Especially the founding team. If you are not committed why would anybody else be?
  • 31. Some – not necessarily smart – examples of commitment: Invest your own money. If you are stupid: Invest ALL your money. Be scrappy with everything. Pay your employee’s salary first. Pay yourself what’s left: Usually nothing. Consequently: Eat (very) cheap. Have the team work in your apartment. Better yet: Sleep in your office. Don’t go on vacation for years. Enjoy the 7-day work week. Go networking if you are not working.
  • 32. Your social life will be over. Be ready to disappoint friends and family.
  • 35. Never ever ever ever give up.
  • 36. Don’t stop creating. Shutting down one idea just means you have more time to focus on the next one.
  • 39. Find me around the net Websites @manuelkoelman www.getcontext.de www.leanentrepreneur.com fb.com/koelman www.23moments.com de.linkedin.com/in/koelman