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Tech Ranch Austin@kkoym @techranch
WHYENTREPRENEURSFAIL
Saturday, June 25, 2011
Tech Ranch Austin@kkoym @techranch
MAY 19, 2008
“The Next American Frontier”
The Wall Street Journal
Saturday, June 25, 2011
Tech Ranch Austin@kkoym @techranch
The Venture Valley of Death
Valley of Death
seed funding
angel funding
venture funding
growth
time
profi
t
Saturday, June 25, 2011
Tech Ranch Austin@kkoym @techranch
THE ENEMY?
COMPETITION
CASHFLOW
Saturday, June 25, 2011
Tech Ranch Austin@kkoym @techranch
The Reality:
Unproven product
Unknown customer
Market not validated
Saturday, June 25, 2011
Tech Ranch Austin@kkoym @techranch
Story #1
Story #1
Saturday, June 25, 2011
Tech Ranch Austin@kkoym @techranch
The Perception
RATTLE SNAKE
Saturday, June 25, 2011
Tech Ranch Austin@kkoym @techranch
the unbuilt house
The Real Problem
Saturday, June 25, 2011
Tech Ranch Austin@kkoym @techranch
The Reinvention Roller Coaster: Risking the Present for a Powerful Future
Saturday, June 25, 2011
Tech Ranch Austin@kkoym @techranch
Story #2
Saturday, June 25, 2011
Tech Ranch Austin@kkoym @techranch
KILLER #2
Saturday, June 25, 2011
Tech Ranch Austin@kkoym @techranch
Combine these:
skills passion
market
Saturday, June 25, 2011
Tech Ranch Austin@kkoym @techranch
Three Elements of Motivation
AutonomyMasteryPurpose
Saturday, June 25, 2011
Tech Ranch Austin@kkoym @techranch
You’veGot to Go Pro
Saturday, June 25, 2011
Tech Ranch Austin@kkoym @techranch
Story #3
Saturday, June 25, 2011
Tech Ranch Austin@kkoym @techranch
Picking a fight you can’t win
Saturday, June 25, 2011
Tech Ranch Austin@kkoym @techranch
NEEDED
EXTRA
Saturday, June 25, 2011
Tech Ranch Austin@kkoym @techranch
DEMO SELL BUILD
CUSTOMER FOCUSED DELIVERY
Saturday, June 25, 2011
Tech Ranch Austin@kkoym @techranch
Saturday, June 25, 2011
Tech Ranch Austin@techranch
Saturday, June 25, 2011
Tech Ranch Austin@kkoym @techranch
Its a great time to start a startup
We’re here to help@techranch
Saturday, June 25, 2011
Tech Ranch Austin@kkoym @techranch
JOIN OUR CAMPFIRENext Friday 3:30 pm
@KKOYM@TECHRANCH
Saturday, June 25, 2011
Tech Ranch Austin@techranch
Saturday, June 25, 2011
