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Tetuan alley
Tetuan Valley, October 2011
Startup School Fall 2011
This is the Land of Do-as-you-please-and-take-what-you-want Week 1
Sponsors Collaborators
YOU ARE HERE
STATE OF MIND “If you are afraid of being lonely, don't try to be right”
Jules Renard
ENTREPRENEUR “My son is now an ‘entrepreneur’. That’s what you’re called
when you don’t have a job” Ted Turner
INTRODUCTION “The hardest thing about geAng started is geAng started”.
Guy Kawasaki
INNOVATION “Because the people who are crazy enough to think they can
change the world, are the ones who do” Apple's Think Different TV ad campaign
EXPECTATIONS “I’m not in this world to live up to your expectaDons and
you’re not in this world to live up to mine” Bruce Lee
TEAM “We must all hang together, or assuredly, we shall all hang
separately” Benjamin Franklin
The world is flat WHERE
“Nowadays, anyone who cannot speak English and is incapable of using the Internet is regarded as backward”
Al-‐Waleed bin Talal
FAILURE “Success is the ability to go from one failure to another with
no loss of enthusiasm” Sir Winston Churchill
LEAN STARTUP ü Lean manufacturing -‐ Toyota Way ü Lean startup = lean manuf. + customer dev.
ü Revenues from day 1 ü Customers and features unknown ü Low burn, not cheap
“Startups that succeed are those that manage to iterate enough ,mes before running out of
resources” Eric Ries