Why Entrepreneurs Fail- Product Camp Austin 2010

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There are several reasons why entrepreneurs fail when building startups, yet MBA business books typically don't ever cover any of these issues. In this talk, Kevin will discuss what gets in the way of entrepreneurial success and what causes the greatest number of failures.

WHY
ENTREPRENEURS
FAIL

@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

The Wall Street Journal

“The Next American
Frontier”

MAY 19, 2008

@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

The Venture Valley of Death
proﬁt

growth

venture funding time
Valley of Death

angel funding

seed funding

@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

THE ENEMY?

COMPETITION

CASHFLOW

@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

The Reality:
Unknown customer

Unproven product

Market not validated

@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

Story #1

Story #1

@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

The Perception

RATTLE SNAKE

@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

The Real Problem

the unbuilt house

@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

The Reinvention Roller
Coaster: Risking the
Present for a Powerful
Future

@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

Story #2

@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

KILLER #2

@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

Combine these:

skills passion

market

@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

Three Elements of
Motivation
Autonomy
Mastery
Purpose

@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

You’ve
Got to
Go Pro

@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

Story #3

@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

Picking a ﬁght you can’t win

@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

NEEDED

EXTRA
@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

CUSTOMER FOCUSED
DELIVERY

DEMO SELL BUILD

@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

Tech Ranch Austin
@techranch
Saturday, August 7, 2010

Its a great time
to start a startup

We’re here to help
@techranch
@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

@KKOYM
@TECHRANCH

JOIN OUR NEXT
CAMPFIRE

@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

TECHRANCHAUSTIN.COM

@KKOYM
@TECHRANCH

@kkoym @techranch Tech Ranch Austin
Saturday, August 7, 2010

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From their humble beginnings in 1984, TED has grown into the world’s most powerful amplifier for speakers and thought-leaders to share their ideas. They have over 2,400 filmed talks (not including the 30,000+ TEDx videos) freely available online, and have hosted over 17,500 events around the world. With over one billion views in a year, it’s no wonder that so many speakers are looking to TED for ideas on how to share their message more effectively. The article “5 Public-Speaking Tips TED Gives Its Speakers”, by Carmine Gallo for Forbes, gives speakers five practical ways to connect with their audience, and effectively share their ideas on stage. Whether you are gearing up to get on a TED stage yourself, or just want to master the skills that so many of their speakers possess, these tips and quotes from Chris Anderson, the TED Talks Curator, will encourage you to make the most impactful impression on your audience. See the full article and more summaries like this on SpeakerHub here: https://speakerhub.com/blog/5-presentation-tips-ted-gives-its-speakers See the original article on Forbes here: http://www.forbes.com/forbes/welcome/?toURL=http://www.forbes.com/sites/carminegallo/2016/05/06/5-public-speaking-tips-ted-gives-its-speakers/&refURL=&referrer=#5c07a8221d9b

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5 Public speaking tips from TED - Visualized summary

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Why Entrepreneurs Fail- Product Camp Austin 2010

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