Next Step For Entrepreneurs
Mon, 07 May 2018 02:59:34 GMT
Step #0: Guiding you from idea to startup
The Next Step podcast will walk you step by step through the process from having an idea to launching and operating a startup. In this zeroeth episode, serial entrepreneur, author, instructor Luni Libes explains his long history of startups, why he wrote The Next Step, and why it is now a podcast. Read the book at https://lunarmobiscuit.com/the-next-step See the results of The Next Step at http://youtube.com/fledgellc More advice at https://lunarmobiscuit.com/blog Music by Kevin MacLeod - incompetech.com
Mon, 07 May 2018 03:21:06 GMT
Step #1: The problem and the solution
How do you explain your idea to investors, customers, partners, and potential employees? Step one, Luni explains how to split your idea into a problem and the solution. Post your questions to https://www.quora.com/profile/Luni-Libes Read the book at https://lunarmobiscuit.com/the-next-step See the results of The Next Step at http://youtube.com/fledgellc More advice at https://lunarmobiscuit.com/blog Music by Kevin MacLeod - incompetech.com
Mon, 14 May 2018 16:15:11 GMT
Step #2: The customers
Who has this problem you are solving? Do they know they have the problem? Do they care? Before you jump straight to building a solution, how well do you know your potential customers? Post your questions to www.quora.com/profile/Luni-Libes Read the book at lunarmobiscuit.com/the-next-step See the results of The Next Step at youtube.com/fledgellc More advice at lunarmobiscuit.com/blog Music by Kevin MacLeod - incompetech.com
Mon, 21 May 2018 16:46:29 GMT
Step #3: Why?
Why do you want to start a startup? What are your goals? Are you doing this because the richest people in the world are entrepreneurs and you want to be one of them? Or are you doing this because you see a problem in the world that needs to be fixed? Before you step down the startup path, its best to take a moment to understand yourself, your motivations, and fundamentally why it is you want to do this. Post your questions to www.quora.com/profile/Luni-Libes Read the book at lunarmobiscuit.com/the-next-step See the results of The Next Step at youtube.com/fledgellc More advice at lunarmobiscuit.com/blog Music by Kevin MacLeod - incompetech.com
Tue, 29 May 2018 17:45:37 GMT
Step #4: Skills
I have a theory... that to be a successful entrepreneur requires a wide variety of skills. That schools push people toward being specialists, when entrepreneurs need, in fact, to be generalists. Are you good at Strategic & Tactical thinking? Do you have any Design talent? Any experience in Marketing or Sales? Are you proficient with spreadsheets and Finance? Have you ever done any Fundraising? Do you love to tinker, optimize, and work in Operations? Download the Skills Map at lunarmobiscuit.com/skills and see where your skills are weak, and with that knowledge, which skills you need to improve. Post your questions to www.quora.com/profile/Luni-Libes Read the book at lunarmobiscuit.com/the-next-step See the results of The Next Step at youtube.com/fledgellc More advice at lunarmobiscuit.com/blog Music by Kevin MacLeod - incompetech.com
Mon, 04 Jun 2018 17:04:59 GMT
Step #5: Your Lean Startup
A key lesson to learn as an entrepreneur is that your plan is wrong. When you fix the next flaw, it'll still be wrong. It'll always be wrong. Once you accept that truth, your odds of success go up, as only then can you make plans that expect failure, instead of making the common mistake of always expecting success. That may sound harsh, if not crazy, but the path from idea to startup is in reality far more complex and crazy than the stories and movies. Post your questions to www.quora.com/profile/Luni-Libes Read the book at lunarmobiscuit.com/the-next-step See the results of The Next Step at youtube.com/fledgellc More advice at lunarmobiscuit.com/blog Music by Kevin MacLeod - incompetech.com
Mon, 04 Jun 2018 17:07:59 GMT
Step #5a: More MVP Stories
Step #5 was getting long, so this bonus episode contains a few more examples of MVPs (minimal viable products). Post your questions to www.quora.com/profile/Luni-Libes Read the book at lunarmobiscuit.com/the-next-step See the results of The Next Step at youtube.com/fledgellc More advice at lunarmobiscuit.com/blog Music by Kevin MacLeod - incompetech.com
Mon, 11 Jun 2018 05:00:51 GMT
Step #6: Opportunity Size
Is this idea worth pursuing? Is the opportunity big enough to excite you for the next ten years? Is the market big enough to entice investors and employees and partners? Step 6 will walk you through the process of computing the opportunity size, to answer all of the above questions and more. Post your questions to www.quora.com/profile/Luni-Libes Read the book at lunarmobiscuit.com/the-next-step See the results of The Next Step at youtube.com/fledgellc More advice at lunarmobiscuit.com/blog Music by Kevin MacLeod - incompetech.com
Mon, 18 Jun 2018 15:06:46 GMT
Step #7: Planning for Failure
Your plan is wrong. Perhaps even flawed. Your job isn't to execute your plan, it's to discover its flaws, fix them, and then to realize that the plan is still wrong, still flawed, and still in need of iteration. That this is true of every business plan, not just yours. Post your questions to www.quora.com/profile/Luni-Libes Read the book at lunarmobiscuit.com/the-next-step See the results of The Next Step at youtube.com/fledgellc More advice at lunarmobiscuit.com/blog Music by Kevin MacLeod - incompetech.com
Mon, 25 Jun 2018 17:05:47 GMT
Step #8: Competition
Who is your competition? Not just other companies providing similar solutions, but the deeper question of how your potential customers are solving the problem? Do they even know they have the problem? Do they care? Post your questions to www.quora.com/profile/Luni-Libes Read the book at lunarmobiscuit.com/the-next-step See the results of The Next Step at youtube.com/fledgellc More advice at lunarmobiscuit.com/blog Music by Kevin MacLeod - incompetech.com
