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 Why would developing countries copy outdated paradigms?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)

1. STARTUPS
UNLEASHING
HUMAN
POTENTIAL

2. The only way to do great work is to
love what you do…
Steve Jobs

3. Passion

4. Optimism

5. Visualization

6. What is happening?
10,000 applications
511accepted to this accelerator
37 sold or worth more than 40 million

7. Statistics
90% - innovative startups fail
80% - VCs fail
Startup Accelerators are following
the VC pattern

8. Are they focused on creating
value?
or financial performance

9. But do VCs, Incubators, and
Accelerators really address the
reasons why startups fail?

10. It needs to change…

11. Top three causes for startup
failure
‒ Lack of competency
‒ Not understanding how customers buy
‒ Conflicts with partners or investors

12. The key to
successful startups
‒
‒
‒
‒
‒
Passion
Optimism
Visualizaiton
Fostering a startup culture
Competency Building

13. Each of these causes can be
eliminated through deep & applied
skill and knowledge development

14. Thank you!
GARY A. FOWLER
www.launch-gurus.com