ENTREPRENEURSHIP IN ENTERTAINMENT TECHNOLOGY WELCOME!
STARTUP BASICS
TODAY’S AGENDA The Lean Startup Startup Basics Incubators PDI’s Startup
STARTUP BASICS WhoWhat WhenWhere WhyHow
KEY RESOURCES Physical Intellectual Human Financial
KR – PHYSICAL Facilities Computers Office supplies Furniture Infrastructure Equipment – trucks, cranes, …
KR – FACILITIES
KR – INTELLECTUAL Employees’ brains (creativity) IP (intellectual property) – patents, process, trade secret, copyrights, trademark Code of ethics and code of values, culture Brand Software, databases Partnerships
KR – HUMAN Employees Partners Contractors and consultants
KR – FINANCIAL Investments Cash Stock and stock options Credit
KEY ACTIVITIES Production Providing Services consulting legal, accounting, management services research Platform
KEY PARTNERS Types: Strategic alliances Coopetition (cooperative competition) Joint ventures Buyer-seller relationships Motivations: Optimization and economy of scale Reduction of risk and uncertainty Acquisition of particular resources and activities
COST STRUCTURE
INCUBATORS ETC.
EXAMPLES TechStars Y Combinator Plug and Play Tech Center IGN 500 Startups
PDI’S STARTUP
NEXT CLASS
PRESENTATIONS Talk about your Key Resources, Activities and Partners Audience Mentor or potential investor Discussion format Visual aids are important
RESOURCES
Book Business Model Generation Incubators Techstars In house documentary: Episode 1 is a great overview, Episode 12 is Demo Day FAQ Y Combinator What happens there: (long article) FAQ IGN Plug and Play More Video Startup School (from Y Combinator and BASES) Websites HBS Startup Tribe Services & Tools sites.google.com/site/startuptribe/general-information/communicationssites.google.com/site/startuptribe/general-information/communications