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Bootstrapping for Startups
Jamal Nassar INCEIF
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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.
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Entrepreneurship Mindset
Story: Startups are not all fame & glory! Fitri Family Business- Aden Factory (From laborer to finance)
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To Be an Entrepreneur Be willing… Be prepared… Be a student….
Willing to Fail… Bank on your startup!
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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
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From Booking to Flying ? Launch Testing Validation Prototyping
The Business Plan Ideation
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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? ….
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Value Proposition!
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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
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Ideation – Free Tools – Board of Innovation
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Market Research
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Business Plan Different Models Build a strong model
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Prototyping
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https://blog.dragoninnovation.com/2018/03/05/prototyping-on-a-budget/
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How complicated is it?
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https://martha-eierdanz.com/blog/paper-prototyping-in-practice
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Business Process Wireframe UX
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Free Prototyping Tools
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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
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Tools
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Top Free Productivity Tools
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Traction How do you achieve traction Neon Runners!
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Then what? Usability Customer Acquisition Customer Service Feedback
Evaluation Modification Improvement
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Or…. Outsource!
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Technology is Only an Enabler!
Remember…. It is only that.
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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
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Raising Funds!
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Jamal Nassar Ph. D Trainer & Coach Certified NLP Practitioner Jamal
Jamal Nassar Ph.D Trainer & Coach Certified NLP Practitioner
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