fi start up seminar
TRANSCRIPT
![Page 1: Fi start up seminar](https://reader036.vdocuments.us/reader036/viewer/2022062418/554c0defb4c905f1518b4672/html5/thumbnails/1.jpg)
![Page 2: Fi start up seminar](https://reader036.vdocuments.us/reader036/viewer/2022062418/554c0defb4c905f1518b4672/html5/thumbnails/2.jpg)
Indonesia Today … And In 2030
Source: “The archipelago economy: Unleashing Indonesia’s potential”, McKinsey Global Institute, 2012
![Page 3: Fi start up seminar](https://reader036.vdocuments.us/reader036/viewer/2022062418/554c0defb4c905f1518b4672/html5/thumbnails/3.jpg)
5th Largest Internet Users By 2015
Source: www.redwing-asia.com
![Page 4: Fi start up seminar](https://reader036.vdocuments.us/reader036/viewer/2022062418/554c0defb4c905f1518b4672/html5/thumbnails/4.jpg)
Most Of Them Are Mobile
Source: www.redwing-asia.com
![Page 5: Fi start up seminar](https://reader036.vdocuments.us/reader036/viewer/2022062418/554c0defb4c905f1518b4672/html5/thumbnails/5.jpg)
Investors Are Coming
![Page 6: Fi start up seminar](https://reader036.vdocuments.us/reader036/viewer/2022062418/554c0defb4c905f1518b4672/html5/thumbnails/6.jpg)
We Need More Great Startups
Source: www.alexa.com
![Page 7: Fi start up seminar](https://reader036.vdocuments.us/reader036/viewer/2022062418/554c0defb4c905f1518b4672/html5/thumbnails/7.jpg)
Time To Launch Your Tech Startup
4 Main Reasons to Launch Your Tech Startup4 main reasons to launch a tech startup
![Page 8: Fi start up seminar](https://reader036.vdocuments.us/reader036/viewer/2022062418/554c0defb4c905f1518b4672/html5/thumbnails/8.jpg)
No Big Capital NeededX
Or, build your company with other people’s moneyPhoto: William Mercer McLeod
![Page 9: Fi start up seminar](https://reader036.vdocuments.us/reader036/viewer/2022062418/554c0defb4c905f1518b4672/html5/thumbnails/9.jpg)
Huge Return (Market Cap)
$294.56B
$78.66B
$99.63B
![Page 10: Fi start up seminar](https://reader036.vdocuments.us/reader036/viewer/2022062418/554c0defb4c905f1518b4672/html5/thumbnails/10.jpg)
Scalable (Employees)
34k
175k
761k
![Page 11: Fi start up seminar](https://reader036.vdocuments.us/reader036/viewer/2022062418/554c0defb4c905f1518b4672/html5/thumbnails/11.jpg)
Early Retirement (Age)
14 years
97 years
65 years
![Page 12: Fi start up seminar](https://reader036.vdocuments.us/reader036/viewer/2022062418/554c0defb4c905f1518b4672/html5/thumbnails/12.jpg)
Local Success Story:
In the beginning:1.Started with 2 co-founders2.No local conglomerate/big group backup3.Compete with big players (Plasa, Rakuten, Multiply)Now:1.No 1 C2C e-commerce website2.Grow by 686% (2012)3.Raised Series-C funding
![Page 13: Fi start up seminar](https://reader036.vdocuments.us/reader036/viewer/2022062418/554c0defb4c905f1518b4672/html5/thumbnails/13.jpg)
Now, What Should You Do?
1. Select a real, big problem you are passionate about
2. Find the right solution3. Build a strong team4. Develop a great product5. Launch with laser focused execution
![Page 15: Fi start up seminar](https://reader036.vdocuments.us/reader036/viewer/2022062418/554c0defb4c905f1518b4672/html5/thumbnails/15.jpg)
What Is The Founder Institute?
• A global network of startups and mentors that helps
entrepreneurs launch technology companies. • The World’s Largest Idea-Stage Incubator • A startup building startups: globally operated by 4 people out
of a garage in Silicon Valley (yep, that’s right!)• Goal is to Globalize Silicon Valley and launch over 1,000
meaningful and enduring technology companies per year.
![Page 16: Fi start up seminar](https://reader036.vdocuments.us/reader036/viewer/2022062418/554c0defb4c905f1518b4672/html5/thumbnails/16.jpg)
Growing Worldwide Entrepreneurship
SeattleSan FranciscoSilicon ValleyLos AngelesSan Diego
ChicagoSt Louis
BrusselsBerlinParisAmsterdam
SingaporeJakartaHanoiSydneyKuala Lumpur
DenverHouston
Currently in 23 locations – 30+ planned in 2013
BogotáSantiago
BostonNew YorkWashington DC
![Page 17: Fi start up seminar](https://reader036.vdocuments.us/reader036/viewer/2022062418/554c0defb4c905f1518b4672/html5/thumbnails/17.jpg)
The Problem
• Starting and running a
startup is hard• There is no playbook• Success is rare• We want to help
entrepreneurs avoid
deadly mistakes
![Page 18: Fi start up seminar](https://reader036.vdocuments.us/reader036/viewer/2022062418/554c0defb4c905f1518b4672/html5/thumbnails/18.jpg)
Our Philosophy
• Ideas are largely irrelevant• Great companies start with
great people
• Great People
+ Expert Training
+ Aligned Incentives =
Exponentially Better
Chance of Success
![Page 19: Fi start up seminar](https://reader036.vdocuments.us/reader036/viewer/2022062418/554c0defb4c905f1518b4672/html5/thumbnails/19.jpg)
Expert Training
Phase 1: Idea Refinement Phase 2: Business Setup Phase 3: Launch Planning
1. Startup Basics2. Vision/ Values3. Startup Research4. Naming/ Branding5. Mentor Idea Review
6. Startup Legal/ IP7. Cofounders/ Hiring/ Firing8. Revenues/ Costs/ Profits9. Product Development10. Mentor Progress Review
11. Outsourcing/ Suppliers12. Marketing/ Sales13. Presentation/ Publicity14. Fundraising15. Graduation
• 4 Month Curriculum
• 3+ Mentors / Session
• Emphasis on Group Work and
Constant Feedback/ Evaluation
• Not Required to Quit Your Job
• ~ 20 hrs / week commitment
![Page 20: Fi start up seminar](https://reader036.vdocuments.us/reader036/viewer/2022062418/554c0defb4c905f1518b4672/html5/thumbnails/20.jpg)
… Taught By Seasoned Mentors
- Nolan Bushnell (Atari)- Peter Guber (Mandalay Entertainment)- Bram Cohen (BitTorrent)- Jonathan Abrams (Friendster)- Naval Ravikant (VentureHacks)- Will Bunker (Match.com)- Jake Nickell (Threadless)- Gregg Spiridellis (JibJab)- Luke Beatty (Associated Content)- Dan Shapiro (Ontela/Photobucket)- Glenn Kelman (Redfin)
- Elon Musk (PayPal, Tesla)- Marc Pincus (Zynga)- Jeff Dachis (Razorfish)- Jason Calacanis (Mahalo)- Scott Heiferman (Meetup.com)- Aaron Patzer (Mint.com)- Michael Arrington (TechCrunch)- Jon Nordmark (eBags)- Phil Libin (Evernote)- Jordan Greenhall (DivX)- Phillip Kaplan (Adbrite, Blippy)
800+ Global Mentors
![Page 21: Fi start up seminar](https://reader036.vdocuments.us/reader036/viewer/2022062418/554c0defb4c905f1518b4672/html5/thumbnails/21.jpg)
… Taught By Seasoned Mentors
- James Chan (Neoteny Lab)- Julian Gorman (Indosat)- Martin Hartono (GDP Venture)- On Lee (GDP Venture)- Remco Lupker (Tokobagus)- Rudy Ramawy (Google)- Sakti Makki (MakkiMakki)- Takeshi Ebihara (Rebright Partner)- Toto Sugiri (Sigma Cipta Caraka)- Weihan Liew (MainGames)- William Tanuwijaya(Tokopedia)
- Alfred Budiman (Samsung)- Andy Jobs (Nexian)- Andy Sjarif (Sitti)- Ari Juliano Gema (Assegaf)- Budi Rahardjo (Indo CISC)- Dian Kurniadi (Nexian)- Dian Noeh Abubakar (KVB)- Danny Oei Wirianto (MindTalk)- Edi Taslim (Kompas.com)- Eka Ginting (Indo.com)- Izak Jenie (Nexian)
800+ Global Mentors
![Page 22: Fi start up seminar](https://reader036.vdocuments.us/reader036/viewer/2022062418/554c0defb4c905f1518b4672/html5/thumbnails/22.jpg)
The Result: 500+ Companies Already
• 550+ Founders
Graduated• 41% receive funding
within 6 months• Only 9% of companies
fail in the first 18
months
![Page 23: Fi start up seminar](https://reader036.vdocuments.us/reader036/viewer/2022062418/554c0defb4c905f1518b4672/html5/thumbnails/23.jpg)
Some Testimonials
“I believe that these eight startups and 13 founders have really experienced a tough yet fun four months – I could sense it through their presentations. Props to the directors for bringing the Founder Institute to Jakarta.”
![Page 24: Fi start up seminar](https://reader036.vdocuments.us/reader036/viewer/2022062418/554c0defb4c905f1518b4672/html5/thumbnails/24.jpg)
Questions?
@jktfi or [email protected]:
Andy Zain @andyzain Novistiar Rustandi @novistiar Sanny Gaddafi @sagad
Program Manager:
Sadina Kasman ([email protected])