2. Create!
From concept/idea to product and from
product to business
Dimitris Tsigos
www.linkedin.com/in/tsigos
President, YES – European Confederation of Young Entrepreneurs
www.yes.be
9. Creative copying
“Immature poets imitate; mature poets steal; bad poets deface what
they take, and good poets make it into something better, or at least
something different.”
― T.S. Eliot, The Sacred Wood
10. How?
• Here’s where the great misunderstanding
is
• The “garage s/w” model does not really
work
• Thin & lean is the way to go
• Management should be in the startup’s
11. Reasons to fail
• Most of the failed startups lacked
management skills and capacity
• Founders should never underestimate the
necessity for management skills &
processes
• Founders often hesitate to add
management skills to the team
12. The management leap
• Many startups fail to make the leap from
1M to 5M in revenues
• Failure to introduce management structure
• The most difficult change a company has
to manage in its early years
13. A startup is …
• …an innovative, creating, dynamic,
aiming-to-grow…
• …BUSINESS!
• It then should be always run as a proper
business
• Tools, techniques, methodologies
• As lean as possible, but not more.