Panmak karagiannis - from a tech idea to a global meaningful company
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Transcript of Panmak karagiannis - from a tech idea to a global meaningful company
From a Tech Idea to a Global meaningful
company how tech people with a novel idea can
start and grow a global company! A Mentor’s view
Sotiris Karagiannis Information Technology Expert, Startup Mentor (a) Twitter: @skaragiannis Linkedin: http://linkedin.com/in/karagiannis
Who am I ? A Tech Visionary (?) a life timeline full of changes between Passion, Innovation, Entrepreneurship
1970’s Moon, Robot Toys, Air Models, Electronics, Boards, Mini Computers, Games 1980’s
1980’s Computers, Uni (Applied Math), Software, Artificial Intelligence Edinburgh 1990’s
..1990’s ISP in N. Greece, Internet Software, Web Apps, Infrastructure, Cloud ,Future?
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My path was full of changes in a continuous search for knowledge, innovation, entrepreneurship and real market value
I NEVER stopped LOVING what I did (passion)
I was many times a self starter (a Serial Entrepreneur), I was never settled, I failed many times and learned a lot.
I had mentors myself and I listened to them. I want to pay that back…
Your mentor for today
You are HERE
A piece of the reality
You want to go HERE
Geeks only
Think about this …
“Software is eating the World! “ Marc Andreessen
“Over two billion people now use the broadband Internet”
“software programming tools and Internet-based services make it easy to launch new global software-powered start-ups in many industries”
“the single most dramatic example of this phenomenon of software eating a traditional business is the rise of Amazon, today’s the world's largest bookseller, which is a software company”
Video : Netflix Music : iTunes, Spotify, Pandora Entertainment: Zynga, Pixar Photography: Shutterfly, Snapfish, Flickr Marketing: Google, Groupon, Living Social, Foursquare Telecom: Skype HR/Recruiting : Linkedin Transportation: Uber, Tesla News/Media : Twitter File share: Dropbox, Box Social: Facebook, Yammer Cloud: Amazon, Azure and …. TVs, Home Appliances, Planes, Cars, Oil and Gas, Financials, Health Care, Education, Knowledge ………
So do you think you’re a (global) entrepreneur ?
Why are you there (desire not fear)?
Which (global) problem are you solving?
Are you afraid of (global) failure?
Do you take risks (calculated or other)?
Do you want to change the World ?
Going to a global War: The Basics
Are you solving a (global) problem Do you know what it takes to solve it? You wish to try and don’t mind to fail? Do you think that your life is
depending on it? Is it going to change the
world?
A Tech Idea! Is it enough?
Focus on the problem!!
If you're only excited about the solution, you'll lose interest when your solution doesn't fix the problem!
Focus on the Problem. Got it?
What is your value proposition ?
What is your competition (globally)?
Have you got “IP protection”?
Can you execute (idea -> action) ?
Does it Monetize ? (money talk)
Do customers care ? (metrics)
Q: “Why should anyone care” ? A question people hate
Something to remember about competing incumbents
“Over the next 10 years, the battles between incumbents and software-powered insurgents will be epic” Marc Andreessen
A TEAM !! Sole Founder vs Having co-founders?
The location : Greece or ?
Funding ? How much do you need ?
Your secret sauce!! You sure have one. Don’t you?
The old type Business Plan? Better have a 3 Year Budget/quick Business Plan
Q: “Have you thought about ..” ?
You have a solid Plan You sure have Customer Validation, no? You got Pilots / Commitments You thought about Shares /
Equity / Advisors etc You have good legal support!! That’s why Mentoring is useful …
So you want money from VCs?
Product sales, sales, sales … growth !
Marketing, brand establishment Continuous funding rounds >>
fill me up Global Success Exit Plan !!!
Companies are bought !!
OK. Ready to take Off ?
If you’re not embarrassed when you ship your first version you waited too long …
Product Advice
And some final advice …
Make more effort than is expected of you.
Stay Hungry Stay Foolish
Adapt to the rapid changes
Think BUSINESS !!
“The People Who Are Crazy Enough to Think They Can Change the World, Are the Ones Who Do!” - Steve Jobs