my experience in entrepreneurship · 2014. 9. 25. · rafael corchuelo. roadmap introduction my...
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My experience in entrepreneurship
Rafael Corchuelo
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Roadmap
Introduction
My projects
Lessons learnt
Conclusions
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Roadmap
Introduction
My projects
Lessons learnt
Conclusions
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Entrepreneurship? What’s that?
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This is a good definition
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Yes loss! Get ready to …
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Lose weight!
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Loose hair!
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Loose money!
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Simply put
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Entrepreneurship is the process of starting a business. The entrepreneur develops a business model,
acquires the human and other required resources, and is fully responsible for its success or failure.
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The gurus
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I, myself, and my obstinacy
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(My secret, don’t tell anybody)
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https://www.informatica.us.es/index.php/conoce-tu-futura-escuelahttps://www.informatica.us.es/index.php/conoce-tu-futura-escuela
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Roadmap
Introduction
My projects
Lessons learnt
Conclusions
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A hundred failed projects
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Two successful projects
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Two successful projects
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When was it set up?
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When was it set up?
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What was the goal?
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Set up a software factory
Explore R&D collaborations
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Why a software factory?
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R&D: social media analytics
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Our R&D service
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Our customers
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Dinamic Area today
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Two successful projects
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When was it set up?
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What was the goal?
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Explore R&D collaborations
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R&D: Enterprise app integration
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Our R&D product
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Our customers
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We need a software factory
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My team at i2Factory
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Roadmap
Introduction
My projects
Lessons learnt
Conclusions
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Lessons learnt
The idea
Validate your idea
Raise money
Grow your business
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Lessons learnt
The idea
Validate your idea
Raise money
Grow your business
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What can you do well?
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Find a good application
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Share your idea!
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The application must be…
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??? ???
??? ???
Innovative
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But it must also be…
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Useful Simple
??? ???
Innovative
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Take your time
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How can you make money?
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Is it a professional service?
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Is it a domestic service?
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Is it a product?
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Share or not share business ideas?
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The application must be…
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Useful Simple
Affordable Profitable
Innovative
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Take more time
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Lessons learnt
The idea
Validate your idea
Raise money
Grow your business
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Identify your core
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Prototype it
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Offer it to some selected users
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Learn from their feedback
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Does evidence support your idea?
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Doesn’t it?
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Lessons learnt
The idea
Validate your idea
Raise money
Grow your business
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Start with the three F’s
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Then try some professionals
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They all require you to produce this
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Sketch of a good business plan
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IdeaCompetitorsTeamCostsRevenuesKey questions
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Idea
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Competitors
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Team
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Costs
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Revenues
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Key questions
Have you validated your idea?
What are the individual contributions of your team members? Who cares of business? Who’s responsible for research?
How shall you beat your competitors?
What’s the breakdown of your costs?
How can I (the investor) make money with your project?
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Lessons learnt
The idea
Validate your idea
Raise money
Grow your business
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Grow step after step
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Document your policies & procedures
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Organise your management team
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Organise your production crew
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Roadmap
Introduction
My projects
Lessons learnt
Conclusions
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The idea
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Validate your idea
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Find money
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Get ready to grow
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Yoda’s advice
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Thanks
R. Corchuelo