"the entrepreneur mindfield"

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The Entrepreneur Mindfield: How to keep from Blowing up your company Robbie Melton TEDCO @femailentrepren © Robbie Melton May 23, 2012

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Page 1: "The Entrepreneur Mindfield"

The Entrepreneur Mindfield: How to keep from Blowing up

your company

Robbie Melton

TEDCO

@femailentrepren

© Robbie Melton May 23, 2012

Page 2: "The Entrepreneur Mindfield"

Entrepreneur Types

© Robbie Melton May 23, 2012

Page 3: "The Entrepreneur Mindfield"

The Tinkerer

© Robbie Melton May 23, 2012

Page 4: "The Entrepreneur Mindfield"

The Life Styler

© Robbie Melton May 23, 2012

Page 5: "The Entrepreneur Mindfield"

The Athlete

© Robbie Melton May 23, 2012

Page 6: "The Entrepreneur Mindfield"

The Suicide

© Robbie Melton May 23, 2012

Page 7: "The Entrepreneur Mindfield"

Suicide Entrepreneur TM

© Robbie Melton May 23, 2012

Page 8: "The Entrepreneur Mindfield"

Suicide Entrepreneur TM

© Robbie Melton May 23, 2012

Page 9: "The Entrepreneur Mindfield"

Suicide Entrepreneur TM

© Robbie Melton May 23, 2012

Page 10: "The Entrepreneur Mindfield"

Suicide EntrepreneurTM

© Robbie Melton May 23, 2012

Page 11: "The Entrepreneur Mindfield"

Suicide EntrepreneurTM

© Robbie Melton May 23, 2012

Page 12: "The Entrepreneur Mindfield"

Suicide EntrepreneurTM

© Robbie Melton May 23, 2012

Page 13: "The Entrepreneur Mindfield"

Suicide EntrepreneurTM

© Robbie Melton May 23, 2012

Page 14: "The Entrepreneur Mindfield"

Suicide EntrepreneurTM

© Robbie Melton May 23, 2012

Page 15: "The Entrepreneur Mindfield"

Suicide EntrepreneurTM

© Robbie Melton May 23, 2012

Page 16: "The Entrepreneur Mindfield"

Suicide EntrepreneurTM

© Robbie Melton May 23, 2012

Page 17: "The Entrepreneur Mindfield"

Entrepreneur Suicide

• In Love with Technology

• Not willing to take risk/invest own money

• Suspicious

• Doesn’t listen/ oversells product

• No Customer Validation

• Insular – Family/friends

• Not Focused

• Understanding True Market

© Robbie Melton May 23, 2012

Page 18: "The Entrepreneur Mindfield"

Company Success

• Business Plan

• Good Management Team

• Understands Market/Customers

• Knows its Competition

• Platform Technology

• Financially Savvy

• Create Buzz

© Robbie Melton May 23, 2012

Page 19: "The Entrepreneur Mindfield"

The Business Plan To have or not to have

© Robbie Melton May 23, 2012

Page 20: "The Entrepreneur Mindfield"

Management Team Family Friends

Strangers Diversity

© Robbie Melton May 23, 2012

Page 21: "The Entrepreneur Mindfield"

Market Size in $$$$

Growth Potential Do you have the real market

Market Penetration

© Robbie Melton May 23, 2012

Page 22: "The Entrepreneur Mindfield"

Customers Validation

Who are they really

© Robbie Melton May 23, 2012

Page 23: "The Entrepreneur Mindfield"

Competition

© Robbie Melton May 23, 2012

Page 24: "The Entrepreneur Mindfield"

The Technology Platform

Disruptive

Enhancement

© Robbie Melton May 23, 2012

Page 25: "The Entrepreneur Mindfield"

Financials

© Robbie Melton May 23, 2012

Page 26: "The Entrepreneur Mindfield"

ProForma Projections

© Robbie Melton May 23, 2012

Page 27: "The Entrepreneur Mindfield"

Investment

© Robbie Melton May 23, 2012

Page 28: "The Entrepreneur Mindfield"

Know How much, What For and When

• How much NOW and LATER

• What do you need the money for

– Be Specific

• When do you need the money

© Robbie Melton May 23, 2012

Page 29: "The Entrepreneur Mindfield"

Introductions

© Robbie Melton May 23, 2012

Page 30: "The Entrepreneur Mindfield"

Create Buzz

© Robbie Melton May 23, 2012

Page 31: "The Entrepreneur Mindfield"

Thank you!

[email protected]

@femailentrepren

© Robbie Melton May 23, 2012