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Fail is the first step toward success

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Fail is the first step toward success

  1. 1. hello! I am Anton Skrypnyk I am here because spreading ideas and beliefs can make this world better : @anton_skrypnyk presentation prepared for #iHUB #lviv on 10.10.2015
  2. 2. Fail is the first step toward success
  3. 3. Startup lessons learned errare humanum est but we should learn from them
  4. 4. Bootstrap, as long as you can. Bootstrap until you will know customer acquisition cost
  5. 5. passionate about your idea or stop doing it! ● Solve problem that matters for you ● It’s not for money ● Do what you love
  6. 6. Find right partners do not do it on your own
  7. 7. PARTNERS TRUST SHARE VALUES VALUE for BUSINESS aligned with same goals 1+1+1 should give you more than 3
  8. 8. DO NOT WRITE A BUSINESS PLAN! WRITE ACTION PLAN! AND DREAM YOU PLAN
  9. 9. BUILD COMPANY DO NOT BUILD JUST A PRODUCT BUILD BUSINESS CARE ABOUT CASH FLOW, ABOUT MISSION, VISION, VALUES
  10. 10. BE as QUICK as possible!!! and be even quicker than it is possible
  11. 11. SPEED IS THE KEY FACTOR OF YOUR SUCCESS!!!
  12. 12. GET LEAN ● Start validating learning ● Use continuous innovation
  13. 13. IDEA = 0 EXECUTION = EVERYTHING ● Talk less, Do more!
  14. 14. Go Out of the office ASAP! ● Talk to your customers ● Learn ● Test ● Pivot ● Listen to your users and look for recurrent patterns
  15. 15. SALE, SALE, SALE, SALE, SALE, SALE, START SALE even if you do not have your product yet! SALE! TEST your IDEA! TEST your PRICE! TEST YOUR BUSINESS MODEL! TEST YOUR PRODUCT!!!
  16. 16. COMMUNICATION is EVERYTHING if it is RIGHT
  17. 17. LEARN ALWAYS LEARN MAKE RETROSPECTIVE OF YOUR SUCCESS AND FAILS IT’S CONTINUOUS PROCESS
  18. 18. NO BARTER MONEY is MONEY CLEVER MONEY is BETTER THAN just MONEY But do not do barter - you will loose
  19. 19. DO NOT HIRE ASHOLES THEY WILL HIRE ANOTHER ASHOLES
  20. 20. CLIENT SUCCESS= YOUR SUCCESS
  21. 21. DO NOT WORRY TO EARLY ABOUT BIG PROBLEMS it may kill you… if you will worry about problems that may kill you in some success scenario to early
  22. 22. DO NOT RUN FOR A BIG FROM EARLY BEGINNING it may cost you a lot of efforts and time with little results in ROI START WITH SMALL!!!
  23. 23. BE SEPARATE COMPANY DO NOT INTEGRATE TO MUCH WITH INVESTORS
  24. 24. BUILD SOCIAL CONNECTION
  25. 25. MOTIVATION and EQUITY share equity with the key people it will open other doors and opportunities
  26. 26. DREAM! DREAM YOUR WEEKLY/ MONTHLY/ YEARLY PLAN DREAM YOUR GOALS DREAM BIGGER THAN YOU MAY EXPECT DREAM BIG!!!
  27. 27. Quotes1. “I have not failed. I’ve just found10,000ways thatwon’t work.” - Thomas Edison 2. “Successis the ability to go fromfailure to failure without losingyour enthusiasm.”- WinstonChurchill 3. “Failure is only the opportunity to beginagain, only thistime more wisely.” - Henry Ford 4. “Our greatest glory is not in never failing, butin risingevery time we fail.” - Confucious 5. “In order to succeed, yourdesire for success shouldbe greaterthan your fear of failure.”- Bill Cosby 6. “Developsuccessfromfailures.Discouragement and failurearetwoof the sureststeppingstonesto success.” - Dale Carnegie 7. “Failure is successif we learnfromit.” - MalcolmForbes 8. “I’ve come to believe that allmy pastfailure and frustrationswere actually layingthe foundationfor the understandings thathave created the new levelof livingI nowenjoy.” - TonyRobbins 9. “There are no secrets to success. It is the result of preparation, hard workandlearningfromfailure.”- ColinPowell 10.“It is fine to celebratesuccess, butit is more important to heedthe lessons of failure.”- Bill Gates 1.1 “Every adversity, every failure, every heartachecarries with it the seed of a greateror equalbenefit.”- NapoleonHill 12.“Like success, failure is many things to many people. WithPositive Mental Attitude, failure is a learningexperience, a rungon the ladder, a plateauat whichto get yourthoughtsin order and prepareto try again.” - W. Clement Stone 13.“Theonly real failure in life is not to be true to the best one knows.” - Buddha 14.“My great concernis not whether you have failed, but whether you are content withfailure.”- AbrahamLincoln 15.“Don’t be afraidto fail.Don’t waste energy tryingto coverup failure.Learn fromyour failuresand goon to thenext challenge.It’s ok to fail.If you’renot failing, you’renot growing.”- H. Stanley Judd 16. “Thinklike a queen.A queen is not afraidto fail.Failingis another steppingstone to greatness.”- OprahWinfrey 17. “Rememberthat failure is an event, not a person.” - Zig Ziglar 18. “Failure after longperseverance is muchgranderthanneverto havea strivinggoodenoughto be called a failure.” - George Eliot 19. “Why do I talkabout the benefits of failure?Simply because failure meant a strippingaway of the inessential.I stopped pretendingto myself that I was anythingother thanwhatI was andbeganto direct all my energy into finishingthe only workthat mattered to me.” - J.K.Rowling 20. “I’ve missed more than9000shotsin my career.I’ve lost almost300 games.Twenty-six timesI’ve been trustedto take the game winningshot and missed.I’ve failedover and overandoveragainin my life.And that is why I succeed.”- MichaelJordan
  28. 28. You can find me at: twitter: @anton_skrypnyk facebook: anton.skrypnyk 10.10.2015

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