How to Start a Startup

My talk on building startups today.

Transcript

1. How to Start a Startup Aminu Bakori Founder/CEO, Payant aminu@payant.ng
2. What? A startup is a newly emerged business venture that aims to develop a viable business model to meet marketplace need or problem.
3. Why?
4. Why? 1. It’s cool 2. You’ll be the boss 3. It’s flexible 4. You’ll get rich 5. Your best good reason
7. Why? 1. It’s cool depressing 2. You’ll be the boss working for others 3. It’s flexible time consuming 4. You’ll get rich Errr… 5. Your best good reason
8. Why though?
9. You can’t not do it! 1. Passion - You will do it regardless of the struggles. 2. Aptitude - Someone would literarily die if you don’t do it.
10. Dive in!
11. Idea Product Team Execution
12. Idea
13. The company should feel like an important mission.
14. Seems like a good idea Seems like a bad idea Startup
15. Why now
16. What now? 1. Think about new ideas 2. Meet potential cofounders
17. Product
18. Great products win. Make something users love.
19. Make your users your #1 marketers.
20. Show it to users Get feedback Work on feedback
21. Measure and document your growth.
22. Team
23. Get Cofounder(s)!
24. Who is your cofounder? 1. You know them 2. They are resourceful 3. They are the best in what they do 4. They share the same vision with you
25. Fire Fast!
26. Execution
27. What do you do? 1. Set the vision 2. Aquire customers 3. Hire and manage staff 4. Make sure the entire company executes
28. How
30. On what? 1. Spending 2. Growth 3. Customers 4. Revenue
31. Grow fast and never give up!
32. “The competitor to be feared is one who never bothers about you at all, but goes on making his own business better all the time.” —Henry Ford
33. For those who never stop starting! - https://startup.google.com - https://startups.microsoft.com - https://startups.fb.com
34. Thank You && Go Build a Startup!