How to start your Business: From Idea to Business Plan - BUS 110 Stanford

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W H AT I L E AR N E D F R O M B U S 1 1 0 ?

HOW TO START YOUR BUSINESS: FROM IDEA TO

BUSINESS PLAN?

Stanford BUS 110 10 /16 /14

Speaker :Rache l le GomezFounder &

CEO@Gir l f r iend ly

Fundamentals of Business PlanProduct, Market, MonetizationCustomer AcquisitionCompetition, Execution.

Everything you need to know!

Value of Team WorkCommunication & Collaboration.Ask hard questions. Great people build great companies.Quality & Personal Dynamics = Culture.1/3 Startups fail due to Founders Drama.

Taking the First StepEvery journey start with a first step.This class is a first step. Business start because someone has and idea and takes action. True for Geico or Google.

ProductFocus on the product. Build something that people want.Pay attention to details.Be open to letting the idea evolve.Define the scale of your business.

What I learned in the BUS 110 Class?

Trust your ability to learnGet out of your comfort zone.Don’t be intimidated. Wear many and new hats. Amazing resources on web, Stanford, Podcasts & in the Bay Area!

Take ActionDozens of actions every week. If you move, things move. If you don’t move, nothing happens. The best idea in the world means nothing without action and execution.

HackFind a way to make things happen.Be Curious.Talk to your friends and other people who are doing interesting things.

Bumps & LowsStruggle.Perseverance.Listen, but don’t listen. Doubted: Airbnb, Uber ,Snapchat.

Stay inspired.Trust your intuition.

What I learned since …

GIRLFRIENDLY

A M O B I L E P L A T F O R M F O R W O M E N

Rachelle GomezFollow me on Twitter @Ahnessofthings

THANK YOU!!!

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