Download e-book for kindle: America's Most Successful Startups: Lessons for by Max Finger, Oliver Samwer

By Max Finger, Oliver Samwer

ISBN-10: 3409114092

ISBN-13: 9783409114097

The degree thesis of Max Finger and Oliver Samwer which they wrote at their college WHU - Otto Beisheim college of Management.

http://www.quora.com/Where-can-I-find-Samwers-book-Americas-most-successful-start-ups-An-Entrepreneur-Handbook

Contents:

1. Introduction
1.1 function of the Study
1.2 examine Design

I. making a BUSINESS

2. The Opportunities
2.1 forms of Opportunities
2.1.1 possibilities in keeping with a Paradigm Shift
2.1.2 possibilities in keeping with a brand new Product or enterprise Model
2.1.3 possibilities in accordance with a Me-too Product
2.2 chance Recognition
2.2.1 Markets that change
2.2.2 Markets which are badly understood.
2.2.3 Markets which are large
2.2.4 Markets which are quickly growing
2.2.5 Markets the place the Incumbent avid gamers can't move
2.2.6 Markets the place there's little Competition
2.3 means of chance acceptance
2.3.1 Intuitive Approach
2.3.2 Analytical Approach
2.4 Refinement Process
2.5 examine Process
2.6 common recommendation at the inspiration iteration Process
2.7 evaluate of a enterprise Idea
3. The Homework
3.1 Defining the industry Need
3.2 Defining the Customer
3.3 Defining the industry Size
3.4 Defining the industry Timing
4. The Window of chance
5. The heritage of the Entrepreneur
6. The Founders
7. The function of the Founder
7.1 administration of the corporate
7.2 possession of the Company
7.3 construction a Sustainable Business
8. the best Startup

II. LAUNCHING THE BUSINESS

9. The Location
10. The Advisors
11. The help gamers
11.1 felony Counsel
12. highbrow estate
13. The Funding
13.1 Milestone Financing
13.2 danger id and Elimination
13.3 assets of investment
13.3.1 Bootstrapping
13.3.2 assets of out of doors Equity
13.3.2.1 Angel Investors
13.3.2.2 enterprise Capital
13.3.2.3 company Investors
13.3.2.4 preliminary Public providing
13.3.2.5 investment Strategy
13.4 picking an Investor
13.5 basic suggestion at the investment approach
14. The Culture
14.1 significance of Culture
14.2 Values
14.3 People
14.3.1 Recruiting People
14.3.2 Attracting People
14.3.3 discovering People
14.3.4 protecting People
14.3.5 pushing aside People
14.4 Mission
14.5 info Flow
14.5.1 unfastened circulation of information
14.5.1.1 Open-door, walk-in Meetings
14.5.1.2 Sitting in Cubicles
14.5.1.3 prestige conferences and Reports
14.5.1.4 own Whiteboards
14.5.1.5 All-Hands-Meetings
14.5.1.6 CEO Lunches and worker Breakfasts
14.6 Communication
14.6.1 Formal and casual Communication
14.6.2 Direct and Open Communication
14.7 selection Making
14.8 outcome Orientation and Management-by-Objectives
14.9 Key features of a winning Culture
14.9.1 A workforce paintings Culture
14.9.2 An Egoless tradition
14.9.3 A Meritocracy of ideas
14.9.4 A probability Culture
14.9.5 A "no prestige, no ego, blue-jeans" tradition
14.9.6 A "don't-let-the-others-down" Culture
14.9.7 A enjoyable Culture
14.9.8 A family members Culture
14.10 maintaining the tradition while the corporate is Growing
14.11 Leadership
14.11.1 construction a Vision
14.11.2 construction Teams
14.11.3 Reinforcing the Culture
14.11.4 making a experience of Urgency
14.11.5 traits of a Leader
15. The administration staff
16. expertise and industry Orientation
17. the pliability
18. The Focus
19. The Execution
20. The community

IIl. growing to be THE BUSINESS

21. The Partners
22. the sport for Mindshare
23. The Breakthrough
24. the 1st Customers
25. The Competition
26. the expansion Management
26.1 humans
26.2 Processes
26.3 Management
26.4 Communication

IV. THE ENTREPRENEUR

27. The Motivation
28. The Doubts
29. The Sacriflces
30. The features of an Entrepreneur
30.1 Visionary
30.2 self assurance
30.3 workforce Spirit
30.4 hazard angle
30.5 No worry of Failure
30.6 skill to Learn
30.7 Entrepreneurship is particularly personal
30.8 experience of Reality
30.9 patience
30.10 Commitment
30.11 adventure
30.12 Salesmanship
30.13 status of an Entrepreneur
31. Summary
32. Appendix

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Extra info for America's Most Successful Startups: Lessons for Entrepreneurs

Sample text

Entrepreneurs have to clearly understand where they bring value to the equation. That means that if you hit a point of time where as the founder your skills do not match up with what the company needs, you are not only willing to step aside but to help in the transition process to bring in somebody who is a better manager to run the company. You must have the attitude that you have started the company, butthat the company is something which has its own right to live and grow, and you must let others take it over who can grow it more.

Many companies die because the founders refuse to Iet go. It is like stifling your child. At a certain age, you have to Iet your child go and be free. To make its own decisions, and live its own Iife. Therefore you need to bring in professional management early enough. Also, because it takes usually at least six months until you have found talented management. Bringing on a good executive early is one of those decisions in the early stage which will help you to avoid many problems on the way. And when you bring in experienced management, you really will have to give up control.

If it is a long-term opportunity you have more time to build your company. So if you are starting in a sector where there is not a lot of competition or which is not changing rapidly, you can grow slower, because the time window for the market opportunity is larger. That has several advantages. First, the entrepreneur can learn fast enough to keep up so that he will not necessarily have to hire experienced management. Secondly, he has to give up less equity to outside investors. There are also lots of opportunities where companies get built over long periods of time.

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America's Most Successful Startups: Lessons for Entrepreneurs by Max Finger, Oliver Samwer


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