Ups & downs of business - the story of Lauris Liberts || Lotus 5: International Business
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Presentation by Lauris Liberts (draugiem.lv) - "Ups & downs of business my story" in conference Lotus 5: International Business, organized by AIESEC Riga. 24.04.2010 in SSE-Riga.
Ups & downs of business - the story of Lauris Liberts || Lotus 5: International Business
- 1. ups & downs of business my story lauris liberts
- 2. 33 years old
- 3. 10 years in business
- 5. I have tried >10 businesses
- 6. micro loans furniture manufacturing custom made t-shirts draugiem.lv alcohol & soft drinks real estate development油 gps systems
- 7. I really wanted to build success abroad
- 8. draugiem.lv frype.com dinavenner.dk moidruzya.ru draugams.lt webfreunde.de przyjaciolom.pl baratikor.hu .....................
- 9. We bought 1 million users in Hungary
- 11. why market was different
- 12. why did not integrate
- 13. why 23 different versions
- 14. different approach build and they will come . But they did not.
- 15. now what?
- 16. 油
- 17. idea vending machine remote control
- 18. how made a playground
- 19. how developed a product
- 20. 油
- 21. why vendon simple, but not easy
- 22. why vendon great product at the right price
- 23. why vendon few competitors
- 24. why vendon proven business model
- 25. now have a budget
- 26. now 1st sales person
- 27. now 1st local customer
- 28. how virtual office & phone in London
- 29. how presenting & networking at tech forums
- 30. goal 1,000,000 vending machines
- 31. d o油one thing油every day that scares you e. roosevelt
- 32. thank you :)
Editor's Notes
- #4: I feel quite experienced and old. Warren buffet success when starts early, nothing to loose, easier to live on the edge. Draugiem has turned 6 years
- #5: In everyday life i always look out for new business opportunities. For example i have this wristband and I cannot order in a nice way. When i travel i try to imagine what would i do if i had to live there.
- #9: And this desire lost us a couple of millions.
- #10: Free sms
- #11: Local competitor, not so strong knowledge of local market, different usage patterns
- #12: Local competitor, not so strong knowledge of local market, different usage patterns
- #13: It was not in our corporate culture.
- #14: It was not in our corporate culture.
- #15: It was not in our corporate culture.