Not Just Startup, But Scaleup
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The document discusses the challenges and strategies related to scaling up startups, emphasizing that while starting a business is easier, growing it sustainably requires a long-term vision and various operational changes. It features insights from notable figures about Ireland's entrepreneurial landscape and offers ten proposals aimed at improving the startup ecosystem. The key message is the importance of fostering successful scale-ups as a critical factor in economic growth.
Not Just Startup, But Scaleup
- 1. @joehas “Not just Startup, but Scaleup” by Joe Haslam Chairman, Hot Hotels Executive Director, #OEMP, IE Business School The Marker Hotel, Dublin Friday, 5th September, 2014.
- 2. - Marc Andreessen "Cheaper to start, more expensive to grow" - Schramm’s Law: “The single most important contributor to a nation’s economic growth is the number of startups that grow to a billion dollars in revenue within 20 years.” - Brian Caufield: "Ireland good for FDI, bad for start-ups"
- 3. Clár an Lae 1. So, who are you? 2. Startup! 3. Scaleup! 4. Ireland 5. Ten Modest Proposals
- 4. 1. So, who are you?
- 10. 2. Startups
- 16. Entrepreneurship and startups are not one and the same. Many startups are not entrepreneurial and much entrepreneurship is not about startups. Scaling up is vastly harder than starting up. It typically takes a decade or longer, not months or a couple years, to build a venture of value, with any semblance of robustness and return. The few that pop through in a few years are by far the aberration.
- 21. 3. Scaleups
- 22. 1. Spread mindset, not just footprint. 2. Engaging all the senses. (Personally, I want every lobby to smell like coffee or popcorn.) 3. Link short-term realities to long-term dreams. 4. Accelerate accountability. 5. Fearing the clusterfug. 6. Scaling requires both addition and subtraction. 7. Slow down to scale faster - and better - down the road. http://www.slideshare.net/Bob_Sutton/scaling-up-excellence
- 30. “Without startups, net job creation for the American economy would be negative”
- 32. 3. Ireland
- 42. On April 30, 1961, Dr. Leonid Rogozov removed his own infected appendix at the Soviet Novolazarevskaja Research Station in Antarctica, as he was the only physician on staff
- 47. 5. Ten Modest Proposals
- 48. 1. Stop Doing Stupid Shit
- 49. 2. Let Market Pick Winners
- 50. 3. Price Stability. Low Inflation Black porter, Imperial pint measure WALFORD - 24 Shrewsbury Road, Ballsbridge, Dublin 4
- 51. 4. CGT on Jobs = 33%, Buildings =0
- 52. 5. Silicon Valley no t Right for Ireland
- 53. 6. Engage with Diaspora
- 54. 6. Universities are for Education “In my view, the Irish national system must make every effort to have one Irish university amongst the top 10 in the world” Chris Horn September 16, 2011
- 55. 7. I ❤ EI Start in Ireland Program
- 56. 8. Low Regulation is New Low Tax
- 57. 9. Let SMEs sell Share Capital
- 58. 10 – No Entrepreneur Left Behind “The most memorable stories in Hatching Twitter almost invariably involve Dorsey, who rises from his early programming days as an anarchist with a speech impediment to a man who co-founds two billion-dollar companies