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Entrepreneurship –
Something From Nothing
David Drake – Chief Technology Officer
iCracked
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Presentation Overview
! iCracked
! Who I Am
! Becoming a business
! Startups
! Something from nothing
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Introducing iCracked
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iCracked
! Local repair and buyback. Worldwide.
! Over 350 technicians
! 11 countries
! Y Combinator Winter 2012
! Well funded
! 8 figures in revenue this year
! Growing very quickly
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Who is David Drake?
! 30 year old entrepreneur
! George Mason University
! Fairfax, VA
! Software Application Development Degree
! Theatre Degree
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Where I’m From
! Lived in 21 different homes so far
! Became entrepreneurial because of moving and
travel
! Freelancing at a young age
! Wanted to be able to fend for myself everywhere
I went
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What I Do
! Chief Technology Officer at iCracked
! Thousands of people around the world
! Thousands of devices fixed
! Big technical challenges
! iCracked Labs
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Where I’ve Been
! Newspaper delivery boy
! Soccer camp
! Video rental store
! Movie theater
! Restaurants
! Teacher
! Professional Theatrical Actor
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Where I’ve Been
! Tutoring
! First technical job…
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Technical Startups
Modwest Grupthink
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Corporate Tech
Glacial Energy
Retail Energy Trading – Electric & Gas
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Differences Between…
Startups
! Excitement
! Challenging
! Sacrifice
! New and interesting
! Ideas and implementation
Corporate
! Stability
! More money
! More benefits
! Not innovative
! Fall into line
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Being Your Own Business
Risky and Fun Freelancing
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Freelancing
! Not about building a business, but turning
yourself into one
! Incredible experience
! Marketing
! Innovation
! Drive
! Responsibility
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Hacker News
! Paul Graham
! Y Combinator
! news.ycombinator.com
! Innovators and leaders
! Entrepreneurial Masters
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Entrepreneurial Masters
! Patrick McKenzie - patio11
! Kalzumeus, Bingo Card Creator
! Daniel Tenner – swombat
! GrantTree, Woobius
! Jacques Mattheij – jgrahamc
! First webcam software
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Intelligent People
! Reg Braithwaite - raganwald
! Ed Weissman – edw519
! David Welton - davidw
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Successful Startups
! Airbnb
! Dropbox
! Heroku
! Reddit
! Billions of dollars
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iCracked
! Silicon Valley
! Startup
! Y Combinator
! Building something
! New and interesting
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Building Something
From Nothing
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With Startup Partners
! Shopify
! Shipstation
! AnyPerk
! SimplyInsured
! Airbnb
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Open Source Technology
! Resources for everyone
! Free
! PHP
! Programming Language
! Linux
! Operating System
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Something
! Ideas
! Innovation
! Improvement
! Solutions
! Fulfill a need
! Fulfill your own need
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From Nothing
! Money from nothing
! Business from nothing
! Things from nothing
! Building and creating
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Finance and Money
! Business must make money
! Changing the world
! Making a difference
! Want to keep going
! Make money first
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Business
! Professional
! What you need
! How to get started
! Funding
! Who to talk to?
! Y Combinator
! Seed Funding
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Seed Funding
! Plant a seed
! Sprout an idea
! Grow roots
! Grow big
! Spread
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Flexibility to Build Things
! Entrepreneur experience to build things
! Change the world
! Elon Musk – PayPal Founder
! SpaceX
! Tesla Motors
! Mission to Mars
! Solar energy
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The sky is not the limit.
Your imagination is your limit.
Your drive is your limit.
Your dreams are your limit.
When You Are In Charge
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To Build Something Truly Great
Something from nothing…
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Thank you!
Any questions?