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Fall 2015

How to Start STARTING a Company - Longhorn Startup at UT Austin

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Fall 2015

Elevator Pitches• You give a 90-second pitch (Sanchana is timing)

• Then I take a crack at it or give you feedback

• Should be targeted at a customer or investor

• Video recorded, Periscoped & posted to Facebook group

• Line up along the left wall

• 10 students will get to pitch each week

This Semester - Seminar• Speakers - Joshua Baer, Ben Dyer, Bob Metcalfe, more…

• Office Hourshttp://bit.ly/lshours

• Co-founder Speed Pitch

• Epic Office Hours

• ATX Startup Crawl - October 8

• Longhorn Startup Lab Interviewshttp://bit.ly/lslapply

Next Semester - Lab• For teams that have built a minimum viable product

• Mentor Speed Dating

• $5,000 credit at Amazon Web Services

• Free table at SXSW ATX Startup Crawl

• 2-3 Local Mentors per Team

• Guest Mentors each week

• Hackathon

• Demo Day - May 5, 2016

Class Rules

• Open to all UT students even if not registered yet

• Sign the sign-in sheet by 7:00pm to get credit

• Don’t leave until you are dismissed (latest 9:00pm)

• Let Instructors and Mentors give feedback first

• Let registered students pitch first

Grading

• Seminar is Pass/Fail

• Attend 10 out of 12 classes

• Create a Lean Canvas http://leancanvas.comCode: LONGHORNSTARTUP

• Email to [email protected]

Contact

• Instructor - Joshua Baer [email protected]

• TA - Sanchana Vasikaran [email protected]

• Official announcements will come by email from Canvas

• Other announcements will be on the Facebook Group http://facebook.com/groups/longhornstartup

Agenda - This Class• Introductions

• Class overview

• This class / Next class

• (10) 90-second Elevator Pitches

• How to Start STARTING a Company

• Ask Me Anything

Agenda - Next Class• Co-Founder Pitching

• Meet the students in the class with startup ideas

• Practice your personal elevator pitch

• We’ll run for 2 hours and get through as many as we can

• As a listener, your goal is to make one introduction to someone you know who could help out

• Think of how powerful 120 introductions could be?

Agenda - Next Class

If you take this seriously, we will start 10 companies next week.

Agenda - Next Class1. Say your name, spell it

2. What’s your major, where are you from?

3. What are you famous for?

4. What are you passionate about? Why?

5. Who do you need to meet?

6. Say your name, spell it

Start reading

Who are you?

How to start STARTING

a company

I help peoplequit jobsand becomeentrepreneurs.

got rejected by the web server beta program

SKYLIST

How to start STARTING

a company

create your own luck with

hard work1

learn a lot about

something2

meet someone new

every day3

How to start STARTING

a company

Start your company

• Your advantage is time

• You have no life

• You have nothing to lose

• You will never be in a better situation to find co-founders

in college

Start your company

The best day to plant a tree was 20 years ago.

The second best day is today.

-Chinese Proverb

in college

How to start STARTING

a company

Pick a proBlem that I have personally

fine print

Pick a proBlem that I have personally

pick a problem that I have

personally

1. male 2. kids 3. bald 4. nearsighted 5. lots of email

find one or more awesome

co-founders

bootstrapat the beginning

get customers to pay in advance with

crowdfunding

talk about your idea with

everyone

focus on

mobile first

put everything in

the cloud

outsource to people and API’s

build a minimum viable product without

writing any code

surround yourself with other

entrepreneurs

Ask Me Anything• How can bootstrapping be better than raising VC money?

• What is the best way to impress an Angel Investor?

• Who are some of the hottest startups in Austin right now?

• How can I learn more about the Austin Startup Scene?

• How can I convince amazing talent to join my startup?

• Why do you like email so much?