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The way of Startups
     (if you're not in Silicon Valley)

      Truths, Myths, Bubbles
Truth
It's easy to start

1. Have an idea
2. Get a team (maybe)
3. Build a product

You're a startup!
Myth
The clients will come

But not always...
And not if you stay put and wait for them...
And if they come, they won't want to pay
Truth
It's easier to succeed nowadays

A lot of know-how, information, resources
A lot of incubators, accelerators, co-works
Global networking
Smaller costs
Myth
If you have a great idea you'll become the
next Facebook

With a lot of luck
Need to be in the right place at the right time
With a lot of networking, networking, networking
And if you know the secret ingredient of Colonel
Sanders :)
Truth
Still, it's not easy to stay there

It takes a lot of money
It takes a lot of time
It takes a lot of morale
Myth
Work hard enough you'll surely succeed

It's not enough to work hard
Think and test before you start to work
And maybe not from the first try...
Truth
It's ok to fail

Accept it
Learn from your mistakes
Move on
Myth
You need an investor to succeed

Bootstrapping can be better sometimes
Be aware of the dumb money
First succeed and then take money to grow
The final Truth
Each person and startup is different

Don't follow the stereotypes
Build your own way
Be happy!
About me
Andrei Firoiu - Web entrepreneur

                    Net Interaction
                    netinteraction.biz
                    Custom web development
                    (Ecommerce, CMS, Facebook
                    apps, Multimedia)


                    RedEye Reports
                    redeyereports.com
                    Mobile business data acquisition
                    and reporting platform


                    AziLaPranz.ro
                    Local daily listing service for
                    special offers from restaurants
Thank you!
about.me/andreifiroiu

Email: andrei.firoiu@gmail.com
Twitter: @andreifiroiu

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The way of startups (if you're not in Silicon Valley) - Truths, Myths, Bubbles

  • 1. The way of Startups (if you're not in Silicon Valley) Truths, Myths, Bubbles
  • 2. Truth It's easy to start 1. Have an idea 2. Get a team (maybe) 3. Build a product You're a startup!
  • 3. Myth The clients will come But not always... And not if you stay put and wait for them... And if they come, they won't want to pay
  • 4. Truth It's easier to succeed nowadays A lot of know-how, information, resources A lot of incubators, accelerators, co-works Global networking Smaller costs
  • 5. Myth If you have a great idea you'll become the next Facebook With a lot of luck Need to be in the right place at the right time With a lot of networking, networking, networking And if you know the secret ingredient of Colonel Sanders :)
  • 6. Truth Still, it's not easy to stay there It takes a lot of money It takes a lot of time It takes a lot of morale
  • 7. Myth Work hard enough you'll surely succeed It's not enough to work hard Think and test before you start to work And maybe not from the first try...
  • 8. Truth It's ok to fail Accept it Learn from your mistakes Move on
  • 9. Myth You need an investor to succeed Bootstrapping can be better sometimes Be aware of the dumb money First succeed and then take money to grow
  • 10. The final Truth Each person and startup is different Don't follow the stereotypes Build your own way Be happy!
  • 11. About me Andrei Firoiu - Web entrepreneur Net Interaction netinteraction.biz Custom web development (Ecommerce, CMS, Facebook apps, Multimedia) RedEye Reports redeyereports.com Mobile business data acquisition and reporting platform AziLaPranz.ro Local daily listing service for special offers from restaurants