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STARTUPS GETTING
@JeremiahGardner
STARTED
IDEA TALKS:
© All Rights Reserved
@JeremiahGardner
STARTUP
NARRATIVE
got my logo & business cards
this is gonna be huge!
pitch, pitch, pitch
gotta hire that CTO
business plan
of course I’m right
eureka! an idea
grandma loved it
success!
we’re a startup now
© All Rights Reserved
@JeremiahGardner
what is a startup?
“A ‘startup’ is a company that is
confused about -
1. What its product is.
2. Who its customers are.
3. How to make money.”
~ Dave McClure
© All Rights Reserved
@JeremiahGardner
66% chance you’re
wrong
“Of the 26 companies that I
consider realized, 17 of them
made complete transformations
or partial transformations of their
businesses between the time we
invested and the time we sold.
That means there’s a 2/3 chance
you’ll have to significantly
reinvent your business…”~ Fred Wilson
© All Rights Reserved
@JeremiahGardner
FOUNDERS
/ IDEAS
FOUNDER IDEA>
3 THINGSGREAT FOUNDERS DO
FIND THE FLAMES
Great founders are firefighters.
(paint job) (leaky roof) (the house is on fire!)
© All Rights Reserved
@JeremiahGardner
STARTUP
MINDSET
CAN WE BUILD IT? vs
what can I do? what does the customer need?
SHOULD WE BUILD IT?
© All Rights Reserved
@JeremiahGardner
empathy
Personally experience your
customers’ perspective
Seeing what people really do, not
just what they say.
Understanding why people say
what they say.
IDEA SEARCHING
FOR A PROBLEM
don’t be an
FAIL LEARN FAST
Great founders are explorers.
© All Rights Reserved
@JeremiahGardner
search vs execute
A startup inherently operates in
the unknown. You can’t execute
your way to value discovery.
© All Rights Reserved
@JeremiahGardner
STARTUP
DEFINED
STARTUP PAIN ELIMINATOR=
© All Rights Reserved
@JeremiahGardner
BUILD MEASURE LEARN
FEEDBACK LOOP
PROCESS OF DISCOVERY
FOLLOW THE EVIDENCE
Great founders are detectives.
© All Rights Reserved
@JeremiahGardner
startup path
• Identify assumptions
• Run effective behavioral
experiments testing
assumptions
• Make evidence-based
decisions
© All Rights Reserved
@JeremiahGardner
HOW TO
LEARN
ENJOY THE JOURNEY
© All Rights Reserved
@JeremiahGardner
REAL STARTUP
JOURNEY
empathy
wow, I understand
really!?
another opportunity
nope!
hit a wall
nope!
hit a wall
learn more!
iterate
big signal
on the right path
© All Rights Reserved
@JeremiahGardner
ASSUME YOU’RE WRONG –
TRIANGULATION
GOODBYE, OLD-SCHOOL BRANDING.
HELLO, INNOVATION
#TheLeanBrand @JeremiahGardner
@JeremiahGardner
www.MovesTheNeedle.com
jeremiah@movestheneedle.com
We’ve advised the innovation practices of:
www.JeremiahGardner.com
•Author, The Lean Brand
•Principal, Moves The Needle
•Startup Mentor & Advisor
•Enterprise Innovation
Catalyst

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Startups Getting Started - The Essential Startup Mindset and Journey

  • 2. © All Rights Reserved @JeremiahGardner STARTUP NARRATIVE got my logo & business cards this is gonna be huge! pitch, pitch, pitch gotta hire that CTO business plan of course I’m right eureka! an idea grandma loved it success! we’re a startup now
  • 3. © All Rights Reserved @JeremiahGardner what is a startup? “A ‘startup’ is a company that is confused about - 1. What its product is. 2. Who its customers are. 3. How to make money.” ~ Dave McClure
  • 4. © All Rights Reserved @JeremiahGardner 66% chance you’re wrong “Of the 26 companies that I consider realized, 17 of them made complete transformations or partial transformations of their businesses between the time we invested and the time we sold. That means there’s a 2/3 chance you’ll have to significantly reinvent your business…”~ Fred Wilson
  • 5. © All Rights Reserved @JeremiahGardner FOUNDERS / IDEAS FOUNDER IDEA>
  • 7. FIND THE FLAMES Great founders are firefighters.
  • 8. (paint job) (leaky roof) (the house is on fire!)
  • 9. © All Rights Reserved @JeremiahGardner STARTUP MINDSET CAN WE BUILD IT? vs what can I do? what does the customer need? SHOULD WE BUILD IT?
  • 10. © All Rights Reserved @JeremiahGardner empathy Personally experience your customers’ perspective Seeing what people really do, not just what they say. Understanding why people say what they say.
  • 11. IDEA SEARCHING FOR A PROBLEM don’t be an
  • 12. FAIL LEARN FAST Great founders are explorers.
  • 13. © All Rights Reserved @JeremiahGardner search vs execute A startup inherently operates in the unknown. You can’t execute your way to value discovery.
  • 14. © All Rights Reserved @JeremiahGardner STARTUP DEFINED STARTUP PAIN ELIMINATOR=
  • 15. © All Rights Reserved @JeremiahGardner BUILD MEASURE LEARN FEEDBACK LOOP
  • 17. FOLLOW THE EVIDENCE Great founders are detectives.
  • 18. © All Rights Reserved @JeremiahGardner startup path • Identify assumptions • Run effective behavioral experiments testing assumptions • Make evidence-based decisions
  • 19. © All Rights Reserved @JeremiahGardner HOW TO LEARN
  • 21. © All Rights Reserved @JeremiahGardner REAL STARTUP JOURNEY empathy wow, I understand really!? another opportunity nope! hit a wall nope! hit a wall learn more! iterate big signal on the right path
  • 22. © All Rights Reserved @JeremiahGardner ASSUME YOU’RE WRONG – TRIANGULATION
  • 23. GOODBYE, OLD-SCHOOL BRANDING. HELLO, INNOVATION #TheLeanBrand @JeremiahGardner
  • 24. @JeremiahGardner www.MovesTheNeedle.com jeremiah@movestheneedle.com We’ve advised the innovation practices of: www.JeremiahGardner.com •Author, The Lean Brand •Principal, Moves The Needle •Startup Mentor & Advisor •Enterprise Innovation Catalyst