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Most venture capital companies underperform or fail. Most startup accelerators use the "spray and pray" approach and also fail. Why would developing countries copy outdated paradigms? Gary Fowler enchants the TEDxAAS audience with a proven paradigm that significantly impacts a startup's success. In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)
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STARTUPS
UNLEASHING HUMAN POTENTIAL
The only way to do great work is to love what you do…
Steve Jobs
Passion
Optimism
Visualization
10,000 applications
511accepted to this accelerator
37 sold or worth more than 40 million
What is happening?
90% - innovative startups fail
80% - VCs fail Startup Accelerators are following the VC pattern
Statistics
Are they focused on creating
value?
or financial performance
But do VCs, Incubators, and
Accelerators really address the
reasons why startups fail?
It needs to change…
‒ Lack of competency ‒ Not understanding how customers buy ‒ Conflicts with partners or investors
Top three causes for startup
failure
The key to
successful startups
‒ Passion ‒ Optimism ‒ Visualizaiton ‒ Fostering a startup culture ‒ Competency Building
Each of these causes can be
eliminated through deep & applied
skill and knowledge development
Thank you!
GARY A. FOWLER www.launch-gurus.com
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