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Navigator.im	
  
Lean	
  Startup	
  101	
  	
  
Rami Al-Karmi
Founding Partner
Arcoten Holdings
1
Senior	
  Lecturer	
  on	
  Entrepreneurship	
  /	
  Lean	
  Startups	
  

Rami Al-Karmi – usually busy with ?
Mentor	
  –	
  500	
  Startups	
  (USA)	
  

Founding	
  Partner	
  -­‐	
  Arcoten	
  Holdings	
  
Advisor	
  –	
  Fas;orward	
  (Ramallah)	
  

Partner	
  -­‐	
  Middle	
  East	
  (USA)	
  
2
GEMINI	
  
Inside	
  

3
Entrepreneur	
  ?	
  
HOW	
  long	
  is	
  your	
  	
  
Runway	
  ?	
  
Business
Schools teach
OUTDATED
Startup
tools
27	
  
28	
  
➡ 	
  >	
  95%	
  of	
  startups	
  fail	
  
Research Grants


Funding

Development
Grants "
(eg SBIR)

Friends, Family, Angel"
&
Founders"
Investors"
($5-$50k)
($50-$500k)

Early Stage"
Venture Capital"
($500k-$2M+)

Venture Capital"
($2M-$50M)

Private Equity,"
IPO, Merger, "
Project Financing" or Acquisition"
($2M-$50M)
($2M-$50M)

Valley of Death 

➡ 	
  VCs	
  fund	
  1%	
  of	
  submi>ed	
  	
  biz	
  plans	
  
Net"
Cash
Flow

Idea
Basic Research

Stage of "
Venture "
Development 

Applied "
Research

Proof of"
Concept
Target "
Market

Founding "
Team

Production"
Prototypes

Working
Prototypes

Business"
Plan

Engineering"
Prototypes
Supplier"
Contracts

Distribution"
Contracts

Product"
Introduction

Revenue"
Growth

29	
  
Inside	
  the	
  building	
  

From Yesterday's Outdated Tools
To ...
30	
  
Remove	
  the	
  fluff	
  
GET	
  
Out	
  of	
  the	
  building	
  !	
  
Custome
r	
  Dev.	
  

Biz	
  Model	
  
Canvas	
  

Agile	
  
Dev.	
  

Outside	
  the	
  building	
  

... Today s Tools LeanStartup
33	
  
Business Model Canvas
34	
  
Customer Development

The Search For the Business Model

Customer
Discovery

Customer
Validation

Pivot	
  

Customer
Creation

Company
Building
REACH	
  OUT	
  
http://ramialkarmi.com
alkarmi
ramialkarmi
rami.alkarmi (at) gmail(dot)com
Rami Al-Karmi
Founding Partner
Arcoten Holdings
3
8
YALLA	
  	
  

Out	
  of	
  the	
  building	
  !	
  

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Navigator lean startup101 - ramialkarmi

  • 1. Feel Free to reach out Navigator.im   Lean  Startup  101     Rami Al-Karmi Founding Partner Arcoten Holdings 1
  • 2. Senior  Lecturer  on  Entrepreneurship  /  Lean  Startups   Rami Al-Karmi – usually busy with ? Mentor  –  500  Startups  (USA)   Founding  Partner  -­‐  Arcoten  Holdings   Advisor  –  Fas;orward  (Ramallah)   Partner  -­‐  Middle  East  (USA)   2
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  • 26. HOW  long  is  your     Runway  ?  
  • 28. 28  
  • 29. ➡   >  95%  of  startups  fail   Research Grants Funding Development Grants " (eg SBIR) Friends, Family, Angel" & Founders" Investors" ($5-$50k) ($50-$500k) Early Stage" Venture Capital" ($500k-$2M+) Venture Capital" ($2M-$50M) Private Equity," IPO, Merger, " Project Financing" or Acquisition" ($2M-$50M) ($2M-$50M) Valley of Death ➡   VCs  fund  1%  of  submi>ed    biz  plans   Net" Cash Flow Idea Basic Research Stage of " Venture " Development Applied " Research Proof of" Concept Target " Market Founding " Team Production" Prototypes Working Prototypes Business" Plan Engineering" Prototypes Supplier" Contracts Distribution" Contracts Product" Introduction Revenue" Growth 29  
  • 30. Inside  the  building   From Yesterday's Outdated Tools To ... 30  
  • 32. GET   Out  of  the  building  !  
  • 33. Custome r  Dev.   Biz  Model   Canvas   Agile   Dev.   Outside  the  building   ... Today s Tools LeanStartup 33  
  • 35. Customer Development The Search For the Business Model Customer Discovery Customer Validation Pivot   Customer Creation Company Building
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  • 38. REACH  OUT   http://ramialkarmi.com alkarmi ramialkarmi rami.alkarmi (at) gmail(dot)com Rami Al-Karmi Founding Partner Arcoten Holdings 3 8
  • 39. YALLA     Out  of  the  building  !