Entrepreneurs vs. Venture Capitalists
SUCCESS FOR THE STARTUP VS. SUCCESS FOR THE ENTREPRENEUR
You've heard the saying: 90% of startups fail. But did you know that your startup can succeed while you alone fail to profit from it? (Yes, the opposite can be true too, where the entrepreneur gets a bounty, leaving the startup - and investors - high and dry, but these days investors ensure against it in modern term-sheets.).
We want you the entrepreneur to Succeed - by redefining what Silicon Valley calls "Failure".
Failure is if you fail to get VC funding for your startup. Succeed by redefining it as a successful Lifestyle business for yourself. And in the process, increase the chances of your success - no double-quotes needed - by an order of magnitude.
Learn how you can end up with a lifestyle business as the worst case scenario for your startup - if you fail to get that elusive VC funding or venture-style growth.
YOU HAVE A WELL-PAYING CORPORATE JOB. NOW YOU HAVE A GREAT STARTUP IDEA. BUT YOU'RE CONCERNED ABOUT THE RISK. THE TIME. THE COST. THE LEARNING CURVE.
DO THE MATH
$156000 + 1 YEAR: THE TYPICAL STARTUP THAT DOESN'T GET FUNDING
-$10000/mo: You envy your friends who quit their jobs to pursue their startup passion.
-$3000/mo: They've spent $3k to $20k per month - or more - on engineering, design, legal, marketing, "fund-raising".
-1 Year: But you don't envy them anymore now that they've been toiling away for a year without getting funding.
+0/mo: Meanwhile, they've also struggled to make any revenues from the "product" - which has barely any user traction.
-$156000/Year: The "smart" ones quit early and go back to their old jobs. Normal service is restored.
Bankruptcy: The stubbornly "persistent" ones keep snowballing towards ruin: ruined finances | ruined career | ruined relationships
The heart-breaking toll it takes on their pride, emotional well-being, and their dreams.
+$20000 + 3 TO 6 MONTHS: THE 4-WEEK STARTUP (4WS) MAP - MILESTONE | ACTIVITY | PLAN
+10000/mo: Keep that job - no need to quit unless you really can afford it and want to.
-$3000/mo: 1 week to MVP - with a core "User ACTIVITY" - to get User Engagement & Customer Validation
$10000/Milestone: 3 months to Traction/Product/Market Fit
What's Agile about AE?
- Useful Role-Models: Make Your Own Mistakes, Learn From Mine!.
- The 4-Week Startup - succeed in your startup one-month at a time.
- Time Barter: your 1-hour = my 1-hour; then pay it forward
- Inner Circle - for supporters of Agile Entrepreneurs
9 out of 10 Agile Entrepreneurs ... Control their Destiny!
7 days to Validation, 4 weeks to User/Customer Traction, 3 months to Product/Market Fit
Can your startup do this?
MODEL YOUR VISION, BUSINESS & PRODUCT STRATEGY, AND AGILE GO-TO-MARKET STRATEGY.
Entrepreneurs inevitably get caught in the bubble of feature creep whether they're going down a Waterfall or following the so-called Agile processes. Even the most benign, well-meaning, and useful methodologies get infested with the double-edged sword of jargon and harmful mediocrity and incompetence of practitioners it attracts ironically due to its own success.