startup cu - student to startup

Download Startup CU - Student to Startup

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I spoke with undergraduate and graduate students at the University of Colorado - Boulder, about the ins and outs of transitioning from a student to a startup employee. http://startupcu.com/sept-19th-meeting/

TRANSCRIPT

  • Student to Startup

    everything you should know about making the transition... or not

    boulder-ite @TimFalls

    community guy @SendGrid

    producer @BoulderBeta

  • lets talk!

    ask questions.

    provide comments.

  • whos this guy?

  • corn fields and gravel roadswrestlerform-tecwrestling coachmy own businessreturn to wrestling
  • CU Leedstechstarssendgridthe world
  • who are you?

    YOU + startups...planning / in progress / completefounder / employeestartup vs. corporate job?grad vs. undergrad?tech vs. non-tech?
  • takeaways

    3 Questions you'll be better prepared to answerdo i want to work at a startup? how do i find the right fit?how do i get hired?
  • do i want to work at a startup?

  • startup vs. real company

    characteristics;

    pros/cons;

    facts / myths

    not all startups created equal

    different strokes for different folks

  • considerations of the startup life

    uncertaintyroller coaster*consistently inconsistent*
  • considerations of the startup life

    [obligatory cat picture]

    exciting roller coaster consistently inconsistent
  • considerations of the startup life

    flexibility

    flexibility shorts/sandals > suitflexible hourswork remotelytravel
  • considerations of the startup life

    Bootstrapped/lean = Lower budget/salary

    low[er] budgetlow[er] salary
  • considerations of the startup life

    paid through an amazing experience

    wear many hats

    wide variety of experiences

    paid through an amazing experiencewear many hatswide variety of experiences
  • considerations of the startup life

    successes

    +

    failures

    evolution of a business

    success = scale growth

    failure

  • considerations of the startup life

    fun

    uniquefuncamaraderie, family feel
  • considerations of the startup life

    ownership

    equity

    impact

    ownership extrinsic vs intrinsic = equity vs feelingshape the culture
  • considerations of the startup life

    commitment

    commitment: serious dating / marriage
  • how do i find the right fit?

  • YOUexperienceskill setinterestsgoals

    how do i find the right fit?

    THEM

    culturefounders / teamcompany needsrisk profiletechnology

    where do you fit?

    do you understand the culture, and do you feel like youd fit in?

    do you understand the technology and/or does it excite you?

    what problem are they solving? ... does the companys particular solution to that problem especially excite you? or is it just the opportunity to provide a solution to a BIG problem?

    does the market / industry / etc fall into your personal interests?

    do you have relevant experience?

    does this fit into your immediate or long-term goals?

    do you get along with and respect the founders and the existing team?

    do you add value? how?

    how likely is it that this company will be around in 1/3/5 years?

  • how do i find the right fit?

    progress

    $$

    angel

    seed

    Series A

    Series B

    alpha

    beta

    beta +

    GO time

    life cycle chartaxes: progress / capital raised
  • how do i get hired?

  • are you experienced?

    2 different types of experience:

    1) experience with the industry/market/product

    2) experience with the company/team

  • be known

    networkengagelisten / learn

    go to events

    engage through coursework / extracurriculars

    be involved, ask questions, be appreciative

  • be valuable

    volunteer (i.e., work for free)intern (i.e., work for cheap)coursework / extra-curricularsgive and takeminimal demands

    coursework

    business plan

    digital marketing projects

    programming

    contribute to OS, write a Ruby Gem for API, docs

    extras

    GEA

    DCVF

    OAF

    Boulder Beta

    CUNVC

    other

    product feedback, customer/partner introductions

  • resources

    bostonstartupschool.comstartupweekend.orgtechstars.comblogs, blogs, blogs

    http://www.inc.com/guides/201108/how-to-prepare-to-launch-your-start-up.html

  • takeaways

    3 Questions you'll be better prepared to answerdo i want to work at a startup? how do i find the right fit?how do i get hired?
  • ?

    @timfalls

    timfalls@sendgrid.com

    timfalls.me