Made to Fail: 13 secrets of successful start-ups

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  • date post

    22-Oct-2014
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    Business

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A 30 second introduction to my book. This tells the story of how I screwed up my start-up and what I learnt from four successful start-ups in 13 secret lessons

Transcript of Made to Fail: 13 secrets of successful start-ups

Page 1: Made to Fail: 13 secrets of successful start-ups
Page 2: Made to Fail: 13 secrets of successful start-ups

What’s the point?

• So much business advice is so bad

• Too many entrepreneurs fail

• Because we need more successful entrepreneurs, not more entrepreneurs

• [And failure is really, really horrible]

Page 3: Made to Fail: 13 secrets of successful start-ups

How I f*cked-up my start-up

Page 4: Made to Fail: 13 secrets of successful start-ups

The start-up process

Page 5: Made to Fail: 13 secrets of successful start-ups

Then what?

• Takes too long to find out it doesn’t work

• You’ve no story to tell customers

• You’ve no money to fix it

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So what do these have in common?

Hairdressers Cooking sauces

Mobile app developer

Electricity conducting paint

Page 7: Made to Fail: 13 secrets of successful start-ups

13 secrets of smart entrepreneurs

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#1 You have to be right for the business

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#2 Being an entrepreneur is not a full time job

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#3 Companies with bad names make more money

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#4 92% of time on your business plan is wasted

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#5 Love-struck entrepreneurs lose money

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#6 Making money doesn’t wait

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#7 Copycats succeed quicker

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#8 Nimble start-ups lack purpose

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#9 Think inside the box

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#10 Accumulate to speculate

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#11 Good enough is good enough

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#12 It’s not about the money

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#13 You can work too hard