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Aralik 2012 Startup Turkey sunumum
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Entrepreneurship 101Emre Sokullu
Rule #1Learn to speak English!
Rule #2It won’t be easy
Pre-GROU.PS Times
GROU.PS 2009
and today...
Success is tolerance to failure
Success is tolerance to failure
Emre Burak Turhan Mehmet Sokullu
Success is getting what you want. Happiness is
liking what you get.H. Jackson Brown, Jr.
Other Rules• Get a co-founder.
• Investors (and board) are important. Choose wisely.
• Reward your early employees fairly.
• HR is important.
• Good talent doesn’t grow on trees. You can’t find A-players on kariyer.net
Other Rules (cntd.)• Make money from day #1.
• You’ll fail. Get used to it.
• What’s very dangerous is not to evolve. - Jeff Bezos
• A diamond is merely a lump of coal that did well under pressure. - Henry Kissinger
• Stretch dollars. Teknokent. Great CFO.
The future belongs to those who believe in the beauty of their
dreams Eleanor Roosevelt
Starting a company is like throwing yourself
off a cliff and assembling a plane on the way
downReid Hoffman
Life isn’t about balance, because balance is
perfection. Rather, it’s about catching the ball before it hits the floor.
Carol Bartz
Build courage when courage seems to fail.
Regain faith when there seems to be little cause for
faith. Create hope when hope becomes forlorn.
General Douglas MacArthur
I never learned how to tune a harp or play upon a lute; but I know how to
raise a small and inconsiderable city to glory
and greatnessThemistocles
Ben yanmazsam, sen yanmazsan, nasil
cikacak karanliklar aydinliga.
Nazim Hikmet
VC’ler neye bakar?• Integrity
• Passion
• Experience
• Knowledge (domain expertise)
• Skill (=complete team)
• Leadership
• Commitment
• Vision
• Realism
• Coachable
What’s in a presentation?
• Company Logo
• Business Overview
• Management Team
• Market
• Product
• Business Model
• Strategic Rel.s
• Competition
• Barriers to Entry
• Financial Overview
• Use of Proceeds