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how_to_start_up_a_startup [2019/01/08 10:22]
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how_to_start_up_a_startup [2019/06/06 09:34] (current)
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   * What is the company going to do?   * What is the company going to do?
   * Who are the competitors?​   * Who are the competitors?​
-  * What is it unique?+  * Why is it unique?
   * How is it going to be successful?   * How is it going to be successful?
   * Draft a quick business plan so that you have a story to tell others   * Draft a quick business plan so that you have a story to tell others
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     * How much you care about giving your investors a decent return?     * How much you care about giving your investors a decent return?
   * Learn the basics of seed funding (not forgetting SEIS/EIS):   * Learn the basics of seed funding (not forgetting SEIS/EIS):
-    * Look at [[https://​www.seedrs.com/​signup?​promo_code=UKORPWV0|Seedrs]],​ [[ https://​www.crowdcube.com|Crowdcube]] and the like+    * Look at [[https://​www.seedrs.com/​signup?​promo_code=UKORPWV0|Seedrs]], [[https://​www.syndicateroom.com|SyndicateRoom]], [[ https://​www.crowdcube.com|Crowdcube]] and the like 
 +        * Get to know the site 
 +        * Get to know what makes a strong pitch 
 +        * Get to know common themes (apps, chips, bikes, etc) 
 +        * Invest small amounts over years
     * Look at grants (e.g. SMART grants from Innovate UK)     * Look at grants (e.g. SMART grants from Innovate UK)
   * Write a short, easily digestible business plan (if your idea is good it will be rapidly out of date)   * Write a short, easily digestible business plan (if your idea is good it will be rapidly out of date)
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 Things to remember/​read:​ Things to remember/​read:​
   * It will be a rollercoaster,​ scary and exhilarating. ​ "If everything seems under control, you're not going fast enough."​   * It will be a rollercoaster,​ scary and exhilarating. ​ "If everything seems under control, you're not going fast enough."​
-  * People are a pain, more people ​means more pain.  You may think you are starting a tech company, you're not, it'll all be people management. ​ The larger you are the harder it is to innovate, so get the foundations right before you scale the people.+  * Managing ​people ​is a huge overhead.  You may think you are starting a tech company, you're not, it'll all be people management. ​ The larger you are the harder it is to innovate, so get the foundations right before you scale the people.
   * [[https://​venturebeat.com/​2011/​03/​15/​reid-hoffman-10-rules-of-entrepreneurship|Reid Hoffman’s 10 rules of entrepreneurship]]   * [[https://​venturebeat.com/​2011/​03/​15/​reid-hoffman-10-rules-of-entrepreneurship|Reid Hoffman’s 10 rules of entrepreneurship]]
   * [[https://​realbusiness.co.uk/​mike-lynch-autonomy-founder-dont-do-things-properly|Don'​t do things properly]]   * [[https://​realbusiness.co.uk/​mike-lynch-autonomy-founder-dont-do-things-properly|Don'​t do things properly]]
how_to_start_up_a_startup.1546942967.txt.gz · Last modified: 2019/01/08 10:22 by admin