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15   minutes,   15   new rules for startups.


mahesh@seedfund.in
@maheshmurthy
<seedfund>
Learnings from brands managed



<seedfund>
Learnings from brands created



<seedfund>
1    Geography is history

You can design your business to start from anywhere.
Even Yeshwantpur.

<seedfund>
2    The trend means the end.

 Prepare to be a trend-setter, not a trend-follower.

 Toil a few years in anonymity till then.

<seedfund>
30                                 80

                                   70
25
                                   60
20
                                   50

15                                 40

                                   30
10
                                   20
 5
                                   10

 0                                  0
      A     B     C    D    E            A   B   C   D   E




      3    The winner takes it all.

     No room for complacence.
     Be no.1 or no.2. Or don’t bother.
     Big rewards for success.
     <seedfund>
4    Hard to enter a pre-existing sector.
Easier to create a new one.
Forget billion-dollar market size. Discover how
big it is as you go along.
<seedfund>
5    Biggest determinant of success is insane
customer delight and resulting word-of-mouth.
Will your friend rave about your product or service
to a stranger in a bar, unbidden?
<seedfund>
6    Your marketing IQ needs to be inversely
proportional to your marketing budget

Are you remark-worthy to your TG?

If not, start again.
<seedfund>
+            >


                    >             +


 7    Digital is not just cheaper than TV as a
marketing medium. It’s bigger.
Can you get digital word-of-mouth working?
Facebook = 2.5 X IPL match, Google = 15 x ToI

<seedfund>
8    Don’t think just 360. Think 360 by 365
It’s not just about talking.

But listening, responding, analysing, then talking.
Do so 24 by 7. Restructure.

<seedfund>
9     Most important technical skill you need:
recruitment & retention.
Have charisma & vision to recruit for less or free?

Can you stave off “market salaries”?

<seedfund>
10   World’s most successful VC’s: customers
Vast majority of Indian and global Fortune 500 never
got VC money to start.

We’re the second-best option.

<seedfund>
11   Before getting a VC in, think about
getting them out.
Can you IPO? Really?

Can you be acquired? Do you want to?
<seedfund>
12   Forget about “team”. Here it starts with
one person.
VCs may parrot the Silicon Valley line. But it’s
different here. One’s a good start.
<seedfund>
13   Hereditary brilliance isn’t bankable.
Institutionalised brilliance is.
Can your firm survive without you?

Do you get richer over the weekend?
<seedfund>
14    Be eco-friendly with money. Break
even by burning as little as possible.
Downturns can happen at any time. Survival is
80% of winning.
<seedfund>
15     The pot of gold is the rainbow.
The payout is an awesome life.
Nobody dies of entrepreneurship.

It’s the best kind of life there is.
<seedfund>
@     Thanks, I’m mahesh@seedfund.in
@maheshmurthy

+91 98922 49969

<seedfund>

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15 new rules for startups

  • 1. 15 minutes, 15 new rules for startups. mahesh@seedfund.in @maheshmurthy <seedfund>
  • 2. Learnings from brands managed <seedfund>
  • 3. Learnings from brands created <seedfund>
  • 4. 1 Geography is history You can design your business to start from anywhere. Even Yeshwantpur. <seedfund>
  • 5. 2 The trend means the end. Prepare to be a trend-setter, not a trend-follower. Toil a few years in anonymity till then. <seedfund>
  • 6. 30 80 70 25 60 20 50 15 40 30 10 20 5 10 0 0 A B C D E A B C D E 3 The winner takes it all. No room for complacence. Be no.1 or no.2. Or don’t bother. Big rewards for success. <seedfund>
  • 7. 4 Hard to enter a pre-existing sector. Easier to create a new one. Forget billion-dollar market size. Discover how big it is as you go along. <seedfund>
  • 8. 5 Biggest determinant of success is insane customer delight and resulting word-of-mouth. Will your friend rave about your product or service to a stranger in a bar, unbidden? <seedfund>
  • 9. 6 Your marketing IQ needs to be inversely proportional to your marketing budget Are you remark-worthy to your TG? If not, start again. <seedfund>
  • 10. + > > + 7 Digital is not just cheaper than TV as a marketing medium. It’s bigger. Can you get digital word-of-mouth working? Facebook = 2.5 X IPL match, Google = 15 x ToI <seedfund>
  • 11. 8 Don’t think just 360. Think 360 by 365 It’s not just about talking. But listening, responding, analysing, then talking. Do so 24 by 7. Restructure. <seedfund>
  • 12. 9 Most important technical skill you need: recruitment & retention. Have charisma & vision to recruit for less or free? Can you stave off “market salaries”? <seedfund>
  • 13. 10 World’s most successful VC’s: customers Vast majority of Indian and global Fortune 500 never got VC money to start. We’re the second-best option. <seedfund>
  • 14. 11 Before getting a VC in, think about getting them out. Can you IPO? Really? Can you be acquired? Do you want to? <seedfund>
  • 15. 12 Forget about “team”. Here it starts with one person. VCs may parrot the Silicon Valley line. But it’s different here. One’s a good start. <seedfund>
  • 16. 13 Hereditary brilliance isn’t bankable. Institutionalised brilliance is. Can your firm survive without you? Do you get richer over the weekend? <seedfund>
  • 17. 14 Be eco-friendly with money. Break even by burning as little as possible. Downturns can happen at any time. Survival is 80% of winning. <seedfund>
  • 18. 15 The pot of gold is the rainbow. The payout is an awesome life. Nobody dies of entrepreneurship. It’s the best kind of life there is. <seedfund>
  • 19. @ Thanks, I’m mahesh@seedfund.in @maheshmurthy +91 98922 49969 <seedfund>