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How to Start a Startup
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Aminu Bakori
November 17, 2018
Technology
1
550
How to Start a Startup
My talk on building startups today.
Aminu Bakori
November 17, 2018
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Transcript
How to Start a Startup Aminu Bakori Founder/CEO, Payant
[email protected]
What? A startup is a newly emerged business venture that
aims to develop a viable business model to meet marketplace need or problem.
Why?
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
None
None
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
Why though?
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.
Dive in!
Idea Product Team Execution
Idea
The company should feel like an important mission.
Seems like a good idea Seems like a bad idea
Startup
Why now
What now? 1. Think about new ideas 2. Meet potential
cofounders
Product
Great products win. Make something users love.
Make your users your #1 marketers.
Show it to users Get feedback Work on feedback
Measure and document your growth.
Team
Get Cofounder(s)!
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
Fire Fast!
Execution
What do you do? 1. Set the vision 2. Aquire
customers 3. Hire and manage staff 4. Make sure the entire company executes
How
None
On what? 1. Spending 2. Growth 3. Customers 4. Revenue
Grow fast and never give up!
“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
For those who never stop starting! - https://startup.google.com - https://startups.microsoft.com
- https://startups.fb.com
Thank You && Go Build a Startup!