1.
The power
of doing
By Justin Yoshimura
Founder & CEO of 500friends
The Power of Ideas

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2Confidential. © 2013 500friends, Inc. All rights reserved |
I’m truly lucky
Investor in
Founder of

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3Confidential. © 2013 500friends, Inc. All rights reserved |
My career began with a
bold decision
Not a great idea

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4Confidential. © 2013 500friends, Inc. All rights reserved |
Yeah, pretty lucky

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5Confidential. © 2013 500friends, Inc. All rights reserved |
But I’m not all that special.
Really.

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6Confidential. © 2013 500friends, Inc. All rights reserved |
based on another
(bad) idea
I cofounded

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7Confidential. © 2013 500friends, Inc. All rights reserved |
Social rewards
Q2 2010 – q4 2010
[50% of our seed funding]

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8Confidential. © 2013 500friends, Inc. All rights reserved |
Ideas are
A dime a dozen

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9Confidential. © 2013 500friends, Inc. All rights reserved |
It’s all about
execution

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10Confidential. © 2013 500friends, Inc. All rights reserved |
Understand that you should
startAnd keep starting

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11Confidential. © 2013 500friends, Inc. All rights reserved |
Start (and always be)
Pitching
perspective
customers

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12Confidential. © 2013 500friends, Inc. All rights reserved |
Start (and always be)
Practicing
your craft

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13Confidential. © 2013 500friends, Inc. All rights reserved |
Start (and always be)
Recruiting
your team

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14Confidential. © 2013 500friends, Inc. All rights reserved |
Common
excuses:

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15Confidential. © 2013 500friends, Inc. All rights reserved |
I don’t have
time

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16Confidential. © 2013 500friends, Inc. All rights reserved |
I don’t have
resources

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17Confidential. © 2013 500friends, Inc. All rights reserved |
Someone
elseIs doing it

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18Confidential. © 2013 500friends, Inc. All rights reserved |
Well, that’s
kind of dumb

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19Confidential. © 2013 500friends, Inc. All rights reserved |
How much
tv do you
watch?

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20Confidential. © 2013 500friends, Inc. All rights reserved |
Mother teresa
was hardly
flush…

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21Confidential. © 2013 500friends, Inc. All rights reserved |
And Facebook
wasn’t the first
social network

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22Confidential. © 2013 500friends, Inc. All rights reserved |
[In most cases]
It’s not the idea
that counts