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Added to the group WebVisions 2008 by mathowie
Slideshow Transcript
- Slide 1: Avoiding the VC Trap Matt Haughey | Webvisions 2008
- Slide 2: How to run a successful web business you actually like, doing what you love, and on your own terms
- Slide 4: Defining some terms
- Slide 5: Why talk about funding?
- Slide 7: Paul Graham
- Slide 9: Paul Graham
- Slide 10: “You might as well be running a shoe store”
- Slide 12: What does venture capital do right?
- Slide 13: It funds innovation
- Slide 14: Gets grown-ups involved
- Slide 15: It fuels a cycle that lets really big ideas take off
- Slide 16: The downsides
- Slide 17: Strings attached
- Slide 18: Not the finish, just the begining
- Slide 19: Investors want exits, not zombies
- Slide 20: Too much
- Slide 21: The Myth of the Superstar
- Slide 22: What about the great big middle? 2007 2008 2009 2010
- Slide 23: Lifestyle Business “Lifestyle Businesses are businesses that are set up and run by their founders primarily with the aim of sustaining a particular level of income and no more; or to provide a foundation from which to enjoy a particular lifestyle.”
- Slide 24: Lifestyle Business “Lifestyle Businesses are businesses that are set up and run by their founders primarily with the aim of sustaining a particular level of income and no more; or to provide a foundation from which to enjoy a particular lifestyle.”
- Slide 25: Some ideas for running a successful business online
- Slide 26: Find your passion
- Slide 27: Build the app you always wanted
- Slide 28: Continually improve it
- Slide 29: Be the best, most active user of the product
- Slide 30: Start small, stay small
- Slide 31: Keep your dayjob
- Slide 32: Figure out a way to make it pay
- Slide 33: Charge something
- Slide 34: Do the math $5 x 1,700 users x 12 months = $102,000/year
- Slide 35: Free version Pro version
- Slide 36: Everyone pays (but with a free trial)
- Slide 37: Advertising, sponsorships, memberships, donations
- Slide 38: You gotta make it through the slog
- Slide 39: Some examples
- Slide 40: Web app model
- Slide 56: Software house
- Slide 61: Community model
- Slide 69: Sole Writer/Designer
- Slide 75: Conclusions
- Slide 76: It’s 2008
- Slide 77: Hardware: cheap
- Slide 78: Software: cheap
- Slide 79: Programming frameworks: plentiful
- Slide 80: Chances you will make $1 billion: slim
- Slide 81: Chances you will make $100k: good
- Slide 82: Total funds needed to launch: $100/mo
- Slide 83: Thanks. Questions? Background photos used: cash: Tracey O http://www.flickr.com/photos/tracy_olson/ office building: *Solar ikon* http://flickr.com/photos/chunyang/2210171888/ shoes: Kai Hendry http://flickr.com/photos/hendry/298879660/ grownups: laffy4k http://flickr.com/photos/laffy4k/52061780/ strings: Meanest Indian http://www.flickr.com/photos/meanestindian/328065491/ finish line: Chris Breeze http://www.flickr.com/photos/92833011@N00/270157428/ zombies: atp tyreseus http://www.flickr.com/photos/tyreseus/219645014/ light bulb: greg westfall http://www.flickr.com/photos/gregwestfall/2049488135/ bigwheel crash: sloanro http://www.flickr.com/photos/rs/129806614/ small bug: woodleywonderworks http://www.flickr.com/photos/wwworks/2313927146/ work desk: ten safe frogs http://www.flickr.com/photos/tensafefrogs/7393410/ passion: torroid http://www.flickr.com/photos/torroid/2507357073/in/photostream/ webappschematic: jazzmasterson http://www.flickr.com/photos/jazzmasterson/3038597/ bestuser: top pocket man http://www.flickr.com/photos/mightyjc/111784097/ treadmill: maHidoodi http://www.flickr.com/photos/mahidoodi/199747855/

