3 things I've learned about entrepreneurship

A small talk for Lean Startup Machine.

Transcript

1. hello! I’m Lulo, and I’m an entrepreneur! @lulomx
2. funded by:
3. I have also worked on other cool projects
4. 3 lessons I have learned about entrepreneurship
5. 1 business plans are a waste of time
6. BUSINESS PLANS ARE NOT: MAGICAL STEP BY STEP MANUALS THE TRUTH. GO OUT AND V ALIDATE
7. STOP WRITING MAKE THINGS HAPPEN &
8. BUSINESS PLANS ARE: A GOOD EXERCISE A GOOD TIME-MACHINE A GOOD STARTING POINT
9. HOWEVER, KEEP IT CONCISE (-20 PAGES) don’t spend TOO MUCH TIME DOING IT FOCUS ON YOUR EXECUTIVE SUMMARY if you think you n d one... http://thenextwomen.com/2010/08/26/why-business-plans-are-not-as-important-as-you-think
10. 2 ideas are worthless
11. HOW DIDN’T I COME UP WITH THAT IDEA!?
13. http://gigaom.com/2010/03/05/burbn-funded-for-html-5-version-of-foursquare/
14. IDEAS are worthless
15. YOU are Not a genius
16. SUCCESS COMES FROM: HARD WORK TAKING RISKS CREATING V ALUE not from idea !
17. GET OUT OF THE BUILDING! LISTEN TO FEEDBACK V ALIDATE PIVOT
18. stop trying to patent everything!
19. NOBODY’S GOING TO STEAL YOUR IDEA “If you were the inventors of facebook, you would have invented Facebook”
20. ... AND EVEN IF SOMEONE STEALS YOUR IDEA Nobody will teal your: passion vision expertise talent insights contacts team knowledge LOVE http://jasonlbaptiste.com/startups/they-will-steal-your-idea-they-cannot-steal-what-really-matters/ http://thenextwomen.com/2010/08/26/why-business-plans-are-not-as-important-as-you-think
21. 3 don’t do it for the money
22. LOVE IT HATE IT or
23. HAVING A STARTUP MEANS: YOU WILL NOT SLEEP PROPERLY YOU WILL NOT EAT PROPERLY YOU WILL FAIL YOU WILL NOT SEE YOUR LOVED ONES YOU WILL NOT GO OUT EVERY FRIDAY YOU WILL BE MISERABLE
24. SO, if you are not sure...
25. don’t do a fucking YOU STARTUP STARTUP STARTUP
26. HOWEVER, BUILD A GREAT TEAM FOCUS ON THE PROBLEM, NOT THE SOLUTION be ready to fail if you sti think you want t have a startu : and...
27. HAVING A STARTUP MEANS: YOU WILL LEARN EVERYDAY YOU WILL MEET new friends YOU WILL GO TO PLACES YOU NEVER IMAGINED YOU WILL make things happen you will make people happy YOU MIGHT EVEN CHANGE THE WORLD! als
28. HAVE FUN! it’ an adventure!
29. 3 lessons I have learned about entrepreneurship
30. links: Wayra Invest ex Mexican.vc Bandtastic
31. THANKS! @lulomx h ://lul .mx lulomx@gmail.com