What is a startup?
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A startup is an organization designed to rapidly develop and test new ideas and products. It typically involves a team addressing a problem through the creation of a product or service, with the goal of exponential growth. However, startups face huge challenges and high chances of failure before finding product-market fit. The founders often have a problem from their own lives they want to solve. They then build a solution step-by-step while relying heavily on their team. Incubators and accelerators can provide mentoring, networking and funding resources to support startup teams.
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What is a startup?
- 1. What is a #Startup?
- 6. High chances of failure (or repeated failures)
- 7. Hard
- 8. Fast
- 9. The team is everything Matters more than the idea (?)
- 10. Brain over Money
- 11. Needs money to live before earning revenues • Personal funds & unemployment insurance • Love Money (friends, family…) • Bootstraping • Fundraising (seed, Business Angels, VCs, IPO)
- 12. Startupers want to change the world!
- 13. Not necessarily digital or tech Producing energy from seaweeds
- 14. Often, founders have a problem • …that impacts their life so much that they want to solve it! • And then they realize it could be a business • EYODF! (Eat Your Own Dog Food) – be your 1st users!
- 15. In the form of a product / service / platform And they build a solution to the problem
- 16. In a startup, you don't know what you need to build! But they face a huge challenge
- 17. …will be discovered on the way! Step by step, thanks to a lot of work and (recommended) methodologies What needs to be built
- 18. Then it’s all about making choices
- 19. And finding solutions / solving problems
- 22. Startups helpers / Startup food
- 23. Incubators & Accelerators • Selected projects / teams • Hosting or not hosting • Free, paid or takes equities • Provides mentoring, events, VCs meetups…
- 25. Startup food Techcrunch(and their free videos here)
- 26. Thx! Alexandre Jubien Mobile Strategist Pioneer of mobile 12 years ago! Apps & Mobile Startups expert Previously head of mobile at Viadeo Previously head of mobile at Deezer ajubien@thinkmobile.fr Blog linkedin.com/in/ajubien @AlexJubien ThinkMobile.fr Contact: About: ThinkMobile Newsletter (Mobile, Innovation, Startups)