My advice for startups

My  advice  for  startups

nowyinteres adam.adamczyk  @

Idea  is  not  a  secret.

Clear,  bright  idea  is  worth  5%  of  equity.

Do  not  try  to  make  a  product  for  everyone…

…  unless  your  have  a  brewery.

Focus  on  right  thing.

Do  many  things  parallely.

is  important  like  your  mother.

Unexpected  failure  happens.  

Pull  the  red  buIon  and  restart.

Too  many  compeKtors  on  the  market?

It  is  not  for  you  then.    

Pick  right  co-­‐founders.

They  do  NOT  have  to  be  famous.

Many  sophisKcated  features  require  years  of  R&D.  

Avoid  complicated features  on  1st  release.  Just  MVP.

Talk  to  your  customers.  OVen.

You  like  to  talk.

Spend  cash  wisely

1. Customer  acquisiKon 2. Hiring  professionals 3.  Sells  team  enforcement

Never  stop  thinking  about  what  can  go  wrong.

Modify  product  market  fit.

Eat  your  own  food.  

Use  your  product.

Customers  do  want  it.

Benefits  are  not  just  features.  

Scaling  is  not  a  problem.

If  you  have  this  problem  you  are  the  winner.

It  is  easy  to  calculate  big  numbers  by  1  %  ...  

…  but  it  is  hard  to  get  it  in  real.

1+1!=3

Partnering  is  a  bullshit

VCs  are  NOT  your  friends.

They  meet  you  to  make  a  business.  

Your  mission  must  be  simple  and  memorable.

In  3  or  4  words.

Define  a  business  model.  

Make  a  business  plan  TOGETHER!

Deliver  unique  product  or  service  …

with  value  to  the  customers.

Photos  from  flickr.com  -­‐    CreaKve  Commons-­‐licensed Fonts:  Lato

adam.adamczyk@nowyinteres.pl

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