THANK YOU ALL
Amazing guest lecturers. from Entrepreneurial Design Class. School of Visual Arts.
Many thanks to our...
Fabulous presentation by Dharmersh Shah - “Everything I Know About Startups”
As an entrepreneur turned investor / mentor, i can say, Dharmesh is ‘bang-on’! People don’t want a quarter-inch drill. They want a quarter-inch hole. So, please don’t pitch unreal technologies or services. Find a hole, fill it!
1. Your idea can suck. Just get started.
2. You can be in the middle of nowhere and still build a great business.
3. Not having cash breeds good behavior. It’s helpful to have constratints.
4. In defense of the modest outcome: You don’t HAVE to build the next Facebook. Modest liquidity events are highly under-rated.
5. “I’m a complete introvert. It’s not that I don’t like people, I just don’t like beind around them a whole lot.”
6. Something’ changed here. You don’t have to spend a lot of money to get your message out there.
7. The real issue with VC is not the cost of capital (which is high), but how hard it is to actually raise it.
8. You have to go through the 12 flaming hoops of venture capital.
9. All the time you should’ve been spending solving your customer’s problem, you use to start to solve the VC’s problem.
10. Write a blog, not a business plan.
very last line. It sums up everything.