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3 Ten Minute
Tips For Your


                Ofer
                Vilenski
                ofer@hola.org
1       CHOOSING
    AND TESTING
       AN IDEA
    ON A $10 BUDGET…
How much
     VALUE
does this bring to the world?

                            Have you really
                  CRACKED IT?
            Now
           TEST IT
      (photoshop, fake site, google ads)
EXAMPLE




          Sarah Blakely - SPANX
CREATING THE 10 MIN
2
What is our
               MARKET SIZE?
   Do I care about the
BUSINESS MODEL?
No, unless we have a cost to cover


CHARGING $$ ?
      No, unless we have a cost to cover
think # of
PEOPLE
                MILESTONES:
                         Initial revenues,
                           profitability


RULE OF THUMB:
     $140k/pp per year covers all expenses
     for SW companies
3
10 MINUTES ON
A VP Sales should be able to sell lots
 of ice to Eskimos

 A VP Marketing should be able to market
 ice to Eskimos so they think its gold

But you are an
ENTREPRENEUR
                 Build a product that
              SELLS ITSELF
Marketing is for
ME-TOO PRODUCTS
 Is that what we want to build?

            The typical
       PRODUCT LAUNCH
      Some no-marketing examples:
 GOOGLE, SKYPE,
   FACEBOOK
THE




      Ofer
      Vilenski
      ofer@hola.org

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3 Ten Minute For Your STARTUP! - Ofer Vilenski

  • 1. 3 Ten Minute Tips For Your Ofer Vilenski ofer@hola.org
  • 2. 1 CHOOSING AND TESTING AN IDEA ON A $10 BUDGET…
  • 3. How much VALUE does this bring to the world? Have you really CRACKED IT? Now TEST IT (photoshop, fake site, google ads)
  • 4. EXAMPLE Sarah Blakely - SPANX
  • 6. What is our MARKET SIZE? Do I care about the BUSINESS MODEL? No, unless we have a cost to cover CHARGING $$ ? No, unless we have a cost to cover
  • 7. think # of PEOPLE MILESTONES: Initial revenues, profitability RULE OF THUMB: $140k/pp per year covers all expenses for SW companies
  • 8.
  • 10. A VP Sales should be able to sell lots of ice to Eskimos A VP Marketing should be able to market ice to Eskimos so they think its gold But you are an ENTREPRENEUR Build a product that SELLS ITSELF
  • 11. Marketing is for ME-TOO PRODUCTS Is that what we want to build? The typical PRODUCT LAUNCH Some no-marketing examples: GOOGLE, SKYPE, FACEBOOK
  • 12. THE Ofer Vilenski ofer@hola.org