six steps to startup success in guangdong · six steps to startup success in guangdong december 8,...
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SIX STEPSto Startup Success
in Guangdong
December 8, 2017Rex Northen, Ci2
1. Solve Big Problems2. Be in the Right Place3. Get the Right Help
4. Take Advantage of Unfair Advantages
5. Play the Long Game6. Go Crazy
Solve Big Problems
Global Land-Ocean Temperature Index/ Source:NASA’s Goddard Institute for Space Studies (GISS), NASA/GISS
www.ourworldindata.org
www.iea.org
Be in the Right Place
Get the Right Help
Why is Innovation Not the Whole Story?
– Technology risk– Platform risk– Market timing risk– Market adoption risk– Market size risk
• Business model risk• Execution risk (Team risk)• Capitalization struct risk• Venture management risk• Financial risk• Legal risk
Innovation represents risk.And startups are brimming over with other r
Mihaly Csikszentmihalyi
Take Advantage ofUnfair Advantages
www.iea.org
www.iea.org
Play theLong Game
Go Crazy(be ready to fail)
Thank you
December 8, 2017Rex Northen, Ci2
rexnorthen@gmail.com
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