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Sep 
2014 
#SWAmman 
Lean 
Startup 
Weekend 
Rami Al-Karmi! 
@ 
101
#ZINC 
#ZAINCER
3 
Feel Free to reach@ ouat l karmi 
Mentor 
& 
LP 
Founding 
Partner 
Advisor 
Entrepreneurship 
& 
Investment
GEMINI 
Inside 
4
Entrepreneur 
?
Business 
Model 
Innova@on
2007
2008
Secrets 
of 
successful 
startups
27 
Business 
Schools teach 
OUTDATED 
Startup 
tools
➡ 
> 
95% 
of 
startups 
fail 
➡ 
VCs 
fund 
1% 
of 
submiEed 
biz 
plans 
28 
“Valley of Death” 
Research Grants 
Development 
Grants 
(eg SBIR) 
Friends, Family, & 
Founders 
($5-$50k) 
Angel 
Investors 
($50-$500k) 
Funding 
Early Stage 
Venture Capital 
($500k-$2M+) 
Venture Capital 
($2M-$50M) 
Private Equity, 
Project Financing 
($2M-$50M) 
IPO, Merger, 
or Acquisition 
($2M-$50M) 
Idea 
Basic Research 
Stage of 
Venture 
Development 
Applied 
Research 
Proof of 
Concept 
Target 
Market 
Business 
Plan 
Engineering 
Prototypes 
Supplier 
Contracts 
Product 
Introduction 
Revenue 
Growth 
Production 
Prototypes 
Distribution 
Contracts 
Working 
Prototypes 
Founding 
Team 
Net 
Cash 
Flow
I 
have 
some
U’re 
Product 
IS 
NOT 
A 
Product
U’re 
Product 
is 
?
Business 
Model
Remove 
the 
fluff
34
GET 
Out 
of 
the 
building 
!
54 
Hours 
! 
HOW 
long 
is 
your 
Runway 
?
Uberiza@on
Startupweekend Amman Women Edition @ZAINJO Ramialkarmi Sep 2014

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