“What many startup founders get wrong from the beginning” · Team fit Funding Timing Formula of...
Transcript of “What many startup founders get wrong from the beginning” · Team fit Funding Timing Formula of...
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“What many startup founders get
wrong from the beginning”
Ali OmarMD, MBA, Co-founder, Angel Investor
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Agenda
● Business is a “Game of Thrones Unknowns”
● Back to basics: market analysis
● Holistic thinking is needed
● Find a partner
● Systemic thinking
● Bottlenecks
● It’s about the execution, stupid!
● Simple plans might work
● Focus is hard
● But only commercial results counts!
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Business is a “Game of Thrones Unknowns”
Market Product-Market Fit ProductCustomer
selection
Learning
speed
Execution
speedTeam fit Funding Timing
Formula of Success
...and learning.
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Back to basics: market size, growth and maturation
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Think separately and holistically, iteratively
Market Product-Market Fit ProductCustomer
selection
Learning
speed
Execution
speedTeam fit Funding Timing
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Find a complementary partner
...because single founder
startups fail.
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Systemic thinking: create your own frameworks how the world works
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Bottlenecks: Think deeper to solve
...But don’t blame for lack of
resources or money.
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It’s about the execution, stupid!
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Simple plan might work, but complex plan will never.
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Focus is hard: 5 deadly sins of a startup
Multiple
projects or
companies
Mismatch
between
ambitions and
execution
Not choosing
clients
Not making
hard decisions
Pricing the
product too
low
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Only commercial results counts!
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Q & A