till carlos why new ventures fail
TRANSCRIPT
WHY NEW VENTURES FAIL
How you can prevent the worst mistake in 3 simple steps
THE MEASURE OF SUCCESS
Guessing
The Comfort Zone
KILL ALL
ASSUMPTIONS !
"Make Something
People Want"
"Where do I find a home for grandma?"
Original Video here
DROPBOX LEAN VALIDATION
Keep this cycle as short as possible
EXAMPLE
People will choose and buy shoes over the internet
START SELLING
"If you are not ashamed by the first version of your product, you've launched too late!"
Step 1. Who do you want to
help?
Step 2. Ask a lot of questions
Step 3. Sell a Prototype / MVP
START SMALL TO GROW BIG
1. Find 50 people who you want to help2. Call them. Ask questions.3. Presell a prototype
YOUR CHEAT SHEET
Thank You!
Slides and contact: tillcarlos.com/rmit
Image credits and sources: wikipedia, wikimedia commons, apptism.com, Dianne Yee, mobiledevhq.com, Silicon Prairie News, JD Lasica, fundersandfounders.com, Joi Ito, techinasia.com,