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Finding Your Business Model
My journey to entrepreneurship...
The idea behind my startup...
The Problem
A Solution?
Investing ideas are channeled through advisors at a cost (time and money).
All channels that exist to share information directly are declarative and thus
unreliable.
Challenge Asia s huge consumer financial advisory industry by bringing the conversation and
transactions 100% online
Through a personalized Trading Portal, customers have access to global
trading, research and a private investor community on a single dashboard.
A totally transparent and real-time peer to peer exchange of ideas & trading
on one screen.
8 Securities...
What is a business model?
A classic definition....
The plan implemented by a company to generate revenue and make a profit from
operations. The model includes the components and functions of the business, as
well as the revenues it generates and the expenses it incurs.
A better definition...
My business model?
1. Your idea (solve a problem)
2. Deploy a minimal viable product and fail fast
3. Iterate, iterate and iterate until you hit product / market fit
4. Can you profitably monetize and scale your solution?
5. Congratulations! You have a viable business model
6. …at least until the next big thing challenges you
Finding your business model
Business models are dynamic. Not static.
The Lesson
1. Be brave. Startups are risky. Face it head on.
2. Acknowledge your weaknesses. Build a great team around you.
3. Be flexible. Be humble. Your idea and business plan is theory.
4. Put the user experience first (design is just as important as engineering.
5. Enjoy the journey.
My advise for entrepreneurs
Don t ever let anyone tell you something!
is too competitive. Once you subtract!
the people who don t work very hard, or the!
people who aren t as good as you, your !
competition shrinks dramatically !
www.siliconyuan.com



@mikaalabdulla



8securities
Stay in touch!

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Finding Your Business Model - Mikaal Abdulla

  • 2. My journey to entrepreneurship...
  • 3. The idea behind my startup... The Problem A Solution? Investing ideas are channeled through advisors at a cost (time and money). All channels that exist to share information directly are declarative and thus unreliable. Challenge Asia s huge consumer financial advisory industry by bringing the conversation and transactions 100% online Through a personalized Trading Portal, customers have access to global trading, research and a private investor community on a single dashboard. A totally transparent and real-time peer to peer exchange of ideas & trading on one screen.
  • 5. What is a business model?
  • 6. A classic definition.... The plan implemented by a company to generate revenue and make a profit from operations. The model includes the components and functions of the business, as well as the revenues it generates and the expenses it incurs.
  • 9.
  • 10. 1. Your idea (solve a problem) 2. Deploy a minimal viable product and fail fast 3. Iterate, iterate and iterate until you hit product / market fit 4. Can you profitably monetize and scale your solution? 5. Congratulations! You have a viable business model 6. …at least until the next big thing challenges you Finding your business model
  • 11. Business models are dynamic. Not static. The Lesson
  • 12. 1. Be brave. Startups are risky. Face it head on. 2. Acknowledge your weaknesses. Build a great team around you. 3. Be flexible. Be humble. Your idea and business plan is theory. 4. Put the user experience first (design is just as important as engineering. 5. Enjoy the journey. My advise for entrepreneurs
  • 13. Don t ever let anyone tell you something! is too competitive. Once you subtract! the people who don t work very hard, or the! people who aren t as good as you, your ! competition shrinks dramatically !