Bootstrapping for Startups Jamal Nassar 22.11.2018 INCEIF
Going From Booking to Flying! Which task do you enjoy most? Each task requires a different set of skills and tools They are both totally different experiences! .. It’s not about just enjoying it, it’s about being efficient with it.
Entrepreneurship Mindset Story: Startups are not all fame & glory! Fitri Family Business- Aden Factory (From laborer to finance)
To Be an Entrepreneur Be willing… Be prepared… Be a student…. Willing to Fail… Bank on your startup!
The Team Team that will: - Challenge you Commit with you Bring Value! Different from you ..Q.. How do you hire you’re a team? Co-founders? … It’s a marketing exercise! Network & socialize https://teamsdemo.office.com/
From Booking to Flying ? Launch Testing Validation Prototyping The Business Plan Ideation
Ideation https://twitter.com/caroline_torus/status/527575102645628929 Do you have the right idea? Is it timely? Is it too early? Too late? How sure can you be? Can you get customers? Will they pay money to buy your product? …. https://twitter.com/caroline_torus/status/527575102645628929
Value Proposition!
Ideation Techniques SCAMPER Round Robin: 4 step process Mesh-up Opposite Thinking Mind Mapping Brain Storming …Others S – Substitute C – Combine A – Adapt M – Modify P – Put to another use E – Eliminate R – Reverse
Ideation – Free Tools – Board of Innovation
Market Research
Business Plan Different Models Build a strong model https://en.wikipedia.org/wiki/Business_Model_Canvas
Prototyping https://www.google.com/search?q=product+prototype&num=30&newwindow=1&safe=active&rlz=1C1GCEA_enMY811MY811&source=lnms&tbm=isch&sa=X&ved=0ahUKEwjU9--FneXeAhWFiXAKHf2lDHUQ_AUIDigB&biw=1366&bih=626
https://blog.dragoninnovation.com/2018/03/05/prototyping-on-a-budget/
How complicated is it?
https://martha-eierdanz.com/blog/paper-prototyping-in-practice
Business Process Wireframe UX
Free Prototyping Tools
Validation A/B Testing Perform Research Determine Your Variants Perform the Test Analyze Data and Review Results Make Changes Based on Results Prepare for Follow-Up Tests A/B Testing https://splitmetrics.com/resources/what-is-ab-testing-and-why-it-matters-for-mobile-developers/ http://retail.strands.com/products/ab-testing/
Tools
Top Free Productivity Tools
Traction How do you achieve traction Neon Runners!
Then what? Usability Customer Acquisition Customer Service Feedback Evaluation Modification Improvement
Or…. Outsource!
Technology is Only an Enabler! Remember…. It is only that.
You are the Ecosystem Get connected Be Curious Be Original Listen Address Your Fears Ask Questions! Can you be cured by a sick doctor? Get c Ensure balance in your life, mental, physical, emotional and phycological health Be organic (networking, community, F&F, avoid over spending in Marketing… unproductive activities) Be a force of a change Be curious Embody the values you believe in, in your startup Become a Force of a Change Be Yourself
Raising Funds!
Jamal Nassar Ph. D Trainer & Coach Certified NLP Practitioner Jamal Jamal Nassar Ph.D Trainer & Coach Certified NLP Practitioner Jamal.b2c@gmail.com 017 611 4090