You are on page 1of 36

SHARE

FREELY

The

Startup
Guide 2013 Edition

Building a Better World


Through Entrepreneurship

RYAN ALLIS With Ellen Daly


CEO of Connect.com
More slides at www.startupguide.com

ENTREPRENEURSHIP

FIND a big
Problem
STARTUPGUIDE.COM 405
ABOUT THIS PRESENTATION

THIS presentation IS PART OF A LARGER slide DECK on


building a better world through entrepreneurship

For more slides & CONTENT visit:


Startupguide.com
STARTUPGUIDE.COM 406
entrepreneurship Find a big problem

GREAT PRODUCTs FULFILL


ONE OR MORE OF THE FOLLOWING
12 KEY HUMAN DESIRES
HUMAN CONNECTION HUMAN EXPRESSION
making money TAKING CARE OF FAMILY
HELPING OTHERS LEARNING
FINDING A PARTNER HEALTH / SURVIVAL
NEW EXPERIENCES IMPRESSING OTHERS
SAFETY COMFORT & RELAXATION
STARTUPGUIDE.COM 407
entrepreneurship Find a big problem

GREAT PRODUCTs HAVE


THE FOLLOWING CHARACTERISTICS
1.  FULFILL CORE HUMAN DESIREs
2.  A 4x or more Markup OVER PRODUCTION COSTS
3.  RECURRING PURCHASE NEEDED
4.  EASY TO USE
5.  QUALITY CONSTRUCTION
6.  BEAUTIFUL DESIGN
7.  HIGHLY EFFECTIVE AT STATED PURPOSE
8.  AN EASY TO REMEMBER NAME
STARTUPGUIDE.COM 408
Great PRODUCTS START WITH EMPATHY
FOR THE END USER

< >
entrepreneurship Find a big problem

GREAT PRODUCTs
BRING JOY AND SMILES
TO THEIR USERS’ FACES
STARTUPGUIDE.COM 410
entrepreneurship Find a big problem

GREAT PRODUCTs
ARE SIMPLE ON THE OUTSIDE
AND POWERFUL ON THE

STARTUPGUIDE.COM
INSIDE 411
entrepreneurship Find a big problem

But if you want to build a


Really big business
You have to solve a really
Big problem
STARTUPGUIDE.COM 412
entrepreneurship Find a big problem

If you want to build a GREAT business


Try solving a problem
THAT YOU ARE PASSIONATe ABOUT
AND ALIGNS WITH
YOUR REASON FOR BEING ALIVE
STARTUPGUIDE.COM 413
entrepreneurship Find a big problem
here are areas that need great business leaders to build scalable
solutions that can impact billiONS of PEOPLE
Clean Energy CLOUD Education Clean transportation
Battery Storage Cloud Government Anti-corruption tracking
CLEAN Water ACCESS ROBOTICS CYBERSECURITy
Graphene Desalination Quantum computing Private Space exploration
GLOBAL HEALTHcare SYNTHETIC BIOLOGY ARTIFICIAL INTELLIGENCE
TELEMEDICINE NUI software CONTACT LENS SMARTPHONES

THINK BIGGER AND CHALLENGE YOURSELF TO BUILD A COMPANY ThAT


MATTERS IN THE WORLD AND SOLVES MAJOR HUMAN PROBLEMS.
That’s how you become a billionaire while making major impact.
STARTUPGUIDE.COM 414
entrepreneurship Find a big problem

“I don’t skate to where the


puck is. I skate to where the
puck is going.”
- WAYNE GRETZKY
STARTUPGUIDE.COM 415
entrepreneurship Find a big problem

If you don’t yet know


What you’re on this earth to do
See the section on
Goals And purpose
STARTUPGUIDE.COM 416
entrepreneurship Find a big problem

FIND A MISSION
THAT YOU ARE DEEPLY
PASSIONATE ABOUT
AND BUILD A BUSINESS TO MAKE
the world you envision real
STARTUPGUIDE.COM 417
entrepreneurship Find a big problem

Don’t build a company


If you’re not deeply passionate
ABOUT THE PROBLEM
YOU ARE TRYING TO SOLVE
STARTUPGUIDE.COM 418
entrepreneurship Find a big problem

TOO MANY STARTUPs


TRY TO SOLVE PROBLEMS
THEY’RE NOT PASSIONATE
ABOUT SOLVING
STARTUPGUIDE.COM 419
entrepreneurship Find a big problem

It’s fine to solve a small


Problem first then solve
Bigger problems
But don’t forget the true
motivation
STARTUPGUIDE.COM 420
entrepreneurship Find a big problem

Building a company is hard


But if you’re deeply passionate
About solving the problem
You’ll get through
The years of SACRIFICE 421
STARTUPGUIDE.COM
entrepreneurship Find a big problem

SPEND TIME THINKING AND MEDITATING


ON YOUR RAISON D’ETRE AND FIGURE
OUT WHAT CONSTITUTES THE CORE
MOTIVATIONS FOR WHAT YOU DO AND

STARTUPGUIDE.COM
WHO YOU ARE 422
entrepreneurship Find a big problem

Once you Know who you want to become


YOU CAN DIRECT YOUR
LIFE RATHER THAN LETTING OUTSIDE
FACTORS CONTROL YOU and
DIRECT YOUR LIFE TOWARD YOUR

STARTUPGUIDE.COM
DEFINITE CHIEF AIM. 423
entrepreneurship Find a big problem

LET WHO YOU ARE AND


WHAT YOU BELIEVE
COME OUT IN
ALL THAT YOU CREATE
STARTUPGUIDE.COM 424
entrepreneurship Find a big problem

FIGURE OUT WHAT YOU’RE PASSIONATE ABOUT


WRITE DOWN YOUR GOALS & PRINT THEM
WRITE DOWN YOUR LIFE PURPOSE
DETERMINE THE CHANGE YOU SEEK
THEN START A COMPANY TO

MAKE THAT CHANGE REAL


STARTUPGUIDE.COM 425
entrepreneurship Find a big problem

Finding a problem to solve is easy


Just be aware for something
That can be made better
Then FIND A WAY TO make it better
And charge money to those who benefit
from it being better
STARTUPGUIDE.COM 426
entrepreneurship Find a big problem

You can always start by


providing services to others
Who need what you can offer

STARTUPGUIDE.COM 427
entrepreneurship Find a big problem

In service companies
You can charge
based on hours WORKED OR
based on the value provided
STARTUPGUIDE.COM 428
entrepreneurship Find a big problem

But ALWAYS remember


until you’re Making money
while you’re Sleeping
You have a job, not a business
STARTUPGUIDE.COM 429
entrepreneurship Find a big problem

When ready you can scale up


By hiring and training others
To provide that service

STARTUPGUIDE.COM 430
entrepreneurship Find a big problem

AND TAKE A CUT by matching


DEMAND FOR THE SERVICE
WITH TRAINED SUPPLIERS OF
THAT SERVICE
STARTUPGUIDE.COM 431
entrepreneurship Find a big problem

But to build a truly


Scalable company
You need to sell a product
Not just provide a service
STARTUPGUIDE.COM 432
entrepreneurship Find a big problem

HERE’S MY core MOTIVATION:


CREATE A SUSTAINABLE WORLD
IN WHICH EVERY HUMAN BEING
HAS ACCESS TO OPPORTUNITY
STARTUPGUIDE.COM 433
entrepreneurship Find a big problem

FINDING this CORE MOTIVATION AT age 18


HAS BEEN CRITICAL TO GETTING ME THROUGH
THE DIFFICULT AND CHALLENGING TIMES
AND FINDING THE STRENGTH FROM
WITHIN TO PERSERVERE IN THE FACE OF
GENERALLY INSURMOUNTABLE ODDS
STARTUPGUIDE.COM 434
entrepreneurship Find a big problem

HERE’S WHAT I WANT MY EPITAPH TO SAY:


GREAT MAN, HUSBAND AND FATHER
ENTREPRENEUR, LEADER & HUMANITARIAN
LED ORGANIZATIONS & BUILT TECHNOLOGIES THAT
AdVANCED EQUALITY OF OPPORTUNITY GLOBALLY
Now I’m working on making this a reality
STARTUPGUIDE.COM 435
entrepreneurship Find a big problem

In line with my life mission


I’m building a company
Called connect.com
to make it easier for
HUMANS to connect GLOBALLY
STARTUPGUIDE.COM 436
entrepreneurship Find a big problem

OUR MISSION IS TO
BUILD A PLATFORM TO
ORGANIZE HUMAN RELATIONSHIPS
FOR THE TOUCH GENERATION
MAKING THE WORLD
MORE OPEN AND CONNECTED
STARTUPGUIDE.COM 437
entrepreneurship Find a big problem

1.  What problems do you see in the world?


2.  WHICH ONE ARE YOU MOST PASSIONATE ABOUT
SOLVING
3.  How can you create a business that solves
the problems you see and makes the world
better?
STARTUPGUIDE.COM 438
SHARE
FREELY

The

Startup
Guide 2013 Edition

Building a Better World


Through Entrepreneurship

RYAN ALLIS With Ellen Daly


CEO of Connect.com
More slides at www.startupguide.com

You might also like