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Post on 10-Nov-2014

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  • 1. Starting Up @ MX So you really want to start a startup?Startups in real life Ideas Founders - Product & Marketing Environment - Funding
  • 2. Startups in Real LifeStartups are big companies (they just start out small)
  • 3. Startups in Real LifeReal entrepreneurship is boring Eric Ries
  • 4. Startups in Real Life You have be willing to fail(statistically, you will fail) (and its ok)
  • 5. IdeasLook outside of tech
  • 6. IdeasMexico is full of interesting problems to solve
  • 7. FoundersThe best founders are obsessed withthe problem they are trying to solve Fred Wilson
  • 8. Founders The problem isnt that too many people are starting companies; its thattoo many people arent sticking with it. Steve Jobs (circa 2000)
  • 9. FoundersYou have to look at the guy next to youand see a guy whos going to go that inch with you - Tony DAmato
  • 10. Product & MarketingNail it, then Scale it Paul Ahlstrom
  • 11. Product & Marketing No product* sells itself*except the cure for cancer, etc.
  • 12. Product & MarketingMarketing is (mostly) a process
  • 13. Product & MarketingWe have a strategic plan its called doing things Herb Kelleher
  • 14. Product & MarketingYour product is NOT the product Ash Maurya
  • 15. Product & MarketingRunway = # of experiments left
  • 16. Environment Startups are a team sport surround yourself with crazies
  • 17. Environment Today anyone* can start a startup in Mexico*(who is willing to try, fail, learn, and try again and so on)
  • 18. FundingMoney is not enough Would you stillwant your investors on your team (even if no $)?
  • 19. FundingA scalable startup ecosystem takes equal parts of risk, greed, vision and obscene financial returns.Governments can help, but then they need to get out of the way. Steve Blank
  • 20. Final Words Would you rather sell sugared water or a chance to change the world? Steve Jobs@hugostevens StartupFactory.mx hugostevens.net