Post on 12-Jan-2015
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Bootstrapping Coursepad
!How we managed to
build a startup without venture capital — and
how you can too!
My Story
?
How you can start!• Purpose!
• Team!
• MVP!
• Clear process!
• Keep it rolling!
Purpose• What excites you?
• What wrong do you want to right?
• What is your vision of the future?
• What is the size of your ambition?
Avengers Assemble!
• Hacker, Hustler, Hipster
• MVP ready
• Guerrilla recruiting
Get in the community!• Echelon, Startup Asia
• Founders Drinks (e27.co/fd)
• Founder’s Institute (fi.co)
• Hackerspace.SG
• FB Groups
Lean Startup
Validate Hypotheses• Value Hypothesis:
• Do people want to use?
• Are you solving a real problem?
• Growth Hypothesis:
• Do you have a mechanism to scale?
MVP
• Minimum Viable Product
• Hypothesis testing
• Sell with PowerPoint
• Pitching = Research
Clear Process• Hypotheses
• Boards
• Lean Canvas (leanlaunchlab.com)
• Pain Points
• Ideas
• Evernote
Getting Funded• Build relationships early
• Go when you have good product-market fit
• All about social proof + scarcity + urgency
• Believe - don’t ask a crack dealer if crack is good!
Guy Kawasaki, author + mentor