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Understanding startup failure. Ryan Graves 9/10/09 Founder of SocialDreamium  LLC @ryangraves
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Lessons Understand project management Understand team communication Understand core competencies Understand the competitive landscape Summary
Project Management: Priorities Remind yourself the basics Timeline Understanding your milestones so that you can deliver on your promise Funding Bankrupt Break-even Burn out Budget See above Scope MVP Proven biz model Lean startup
Life Blood of Business: Communication  Choosing a business partner is like choosing a spouse, except after a fight you cant have make-up sex. The most important factors Communication Similar goals Flexibility
Know You: Core Competencies You cant have every skill on a team of founders Know the gaps in your team and identify them immediately Find your competitive advantage
The Focus: Competition Know what your competition did Know what your competition is doing Know what your competition is about to do You absolutely need to understand how youre going to differentiate yourself from your competition
The Focus: Competition Know what your competition did Know what your competition is doing Know what your competition is about to do You absolutely need to understand how youre going to differentiate yourself from your competition
Us vs. Them 11/08 04/09 http://thedreaminaction.com/2009/04/09/seesmic-desktop-takes-over-twitter-clients/ http://mashable.com/2009/04/08/tweetdeck-memory-leak/
Summary Manage your  team Communicate with your  team Understand your  team Know how your  team  differs Kick ass. Its all about the team.
Photo Credits Failure -  http://www.flickr.com/photos/kartz/1431621639/ Priorities -  http://www.flickr.com/photos/24027013@N06/3113750918/ Communication -  http://www.flickr.com/photos/92912266@N00/148291297/ Skills -  http://www.flickr.com/photos/kristiankristof/1130619764/in/set-72157594325240472/ Focus on comp -  http://www.flickr.com/photos/62328475@N00/2768382136/ Horse comp -  http://www.flickr.com/photos/45055701@N00/911728514/

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SocialDreamium Fail Presentation

  • 1. Understanding startup failure. Ryan Graves 9/10/09 Founder of SocialDreamium LLC @ryangraves
  • 2.
  • 3. Lessons Understand project management Understand team communication Understand core competencies Understand the competitive landscape Summary
  • 4. Project Management: Priorities Remind yourself the basics Timeline Understanding your milestones so that you can deliver on your promise Funding Bankrupt Break-even Burn out Budget See above Scope MVP Proven biz model Lean startup
  • 5. Life Blood of Business: Communication Choosing a business partner is like choosing a spouse, except after a fight you cant have make-up sex. The most important factors Communication Similar goals Flexibility
  • 6. Know You: Core Competencies You cant have every skill on a team of founders Know the gaps in your team and identify them immediately Find your competitive advantage
  • 7. The Focus: Competition Know what your competition did Know what your competition is doing Know what your competition is about to do You absolutely need to understand how youre going to differentiate yourself from your competition
  • 8. The Focus: Competition Know what your competition did Know what your competition is doing Know what your competition is about to do You absolutely need to understand how youre going to differentiate yourself from your competition
  • 9. Us vs. Them 11/08 04/09 http://thedreaminaction.com/2009/04/09/seesmic-desktop-takes-over-twitter-clients/ http://mashable.com/2009/04/08/tweetdeck-memory-leak/
  • 10. Summary Manage your team Communicate with your team Understand your team Know how your team differs Kick ass. Its all about the team.
  • 11. Photo Credits Failure - http://www.flickr.com/photos/kartz/1431621639/ Priorities - http://www.flickr.com/photos/24027013@N06/3113750918/ Communication - http://www.flickr.com/photos/92912266@N00/148291297/ Skills - http://www.flickr.com/photos/kristiankristof/1130619764/in/set-72157594325240472/ Focus on comp - http://www.flickr.com/photos/62328475@N00/2768382136/ Horse comp - http://www.flickr.com/photos/45055701@N00/911728514/