RYAN ALLIS With Ellen Daly
CEO of Connect.com
More slides at www.startupguide.com
ENTREPRENEURSHIP
FIND a big Problem
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ABOUT THIS PRESENTATION
THIS presentation IS PART OF A LARGER slide DECK on building a better world through entrepreneurship
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GREAT PRODUCTs FULFILL ONE OR MORE OF THE FOLLOWING
12 KEY HUMAN DESIRES
HUMAN CONNECTION making money HELPING OTHERS FINDING A PARTNER NEW EXPERIENCES SAFETY
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HUMAN EXPRESSION TAKING CARE OF FAMILY LEARNING HEALTH / SURVIVAL IMPRESSING OTHERS COMFORT & RELAXATION
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GREAT PRODUCTs HAVE THE FOLLOWING CHARACTERISTICS
1. 2. 3. 4. 5. 6. 7. 8. FULFILL CORE HUMAN DESIREs A 4x or more Markup OVER PRODUCTION COSTS RECURRING PURCHASE NEEDED EASY TO USE QUALITY CONSTRUCTION BEAUTIFUL DESIGN HIGHLY EFFECTIVE AT STATED PURPOSE AN EASY TO REMEMBER NAME
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Great PRODUCTS START WITH EMPATHY FOR THE END USER
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GREAT PRODUCTs BRING JOY AND SMILES
TO THEIR USERS’ FACES
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GREAT PRODUCTs ARE SIMPLE ON THE OUTSIDE
AND POWERFUL ON THE
INSIDE
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But if you want to build a Really big business You have to solve a really Big problem
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If you want to build a GREAT business Try solving a problem THAT YOU ARE PASSIONATe ABOUT AND ALIGNS WITH YOUR REASON FOR BEING ALIVE
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entrepreneurship Find a big problem here are areas that need great business leaders to build scalable solutions that can impact billiONS of PEOPLE
Clean Energy Battery Storage CLEAN Water ACCESS Graphene Desalination GLOBAL HEALTHcare TELEMEDICINE CLOUD Education Cloud Government ROBOTICS Quantum computing SYNTHETIC BIOLOGY NUI software Clean transportation Anti-corruption tracking CYBERSECURITy Private Space exploration ARTIFICIAL INTELLIGENCE CONTACT LENS SMARTPHONES
THINK BIGGER AND CHALLENGE YOURSELF TO BUILD A COMPANY ThAT MATTERS IN THE WORLD AND SOLVES MAJOR HUMAN PROBLEMS. That’s how you become a billionaire while making major impact.
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“I don’t skate to where the puck is. I skate to where the puck is going.”
- WAYNE GRETZKY
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If you don’t yet know What you’re on this earth to do See the section on
Goals And purpose
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FIND A MISSION THAT YOU ARE DEEPLY PASSIONATE ABOUT AND BUILD A BUSINESS TO MAKE the world you envision real
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Don’t build a company If you’re not deeply passionate ABOUT THE PROBLEM YOU ARE TRYING TO SOLVE
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TOO MANY STARTUPs TRY TO SOLVE PROBLEMS THEY’RE NOT PASSIONATE ABOUT SOLVING
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It’s fine to solve a small Problem first then solve Bigger problems But don’t forget the true motivation
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Building a company is hard But if you’re deeply passionate About solving the problem You’ll get through The years of SACRIFICE
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SPEND TIME THINKING AND MEDITATING ON YOUR RAISON D’ETRE AND FIGURE OUT WHAT CONSTITUTES THE CORE MOTIVATIONS FOR WHAT YOU DO AND
WHO YOU ARE
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Once you Know who you want to become YOU CAN DIRECT YOUR LIFE RATHER THAN LETTING OUTSIDE FACTORS CONTROL YOU and
DIRECT YOUR LIFE TOWARD YOUR
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DEFINITE CHIEF AIM.
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LET WHO YOU ARE AND WHAT YOU BELIEVE COME OUT IN
ALL THAT YOU CREATE
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FIGURE OUT WHAT YOU’RE PASSIONATE ABOUT WRITE DOWN YOUR GOALS & PRINT THEM WRITE DOWN YOUR LIFE PURPOSE DETERMINE THE CHANGE YOU SEEK THEN START A COMPANY TO
MAKE THAT CHANGE REAL
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Finding a problem to solve is easy Just be aware for something That can be made better Then FIND A WAY TO make it better And charge money to those who benefit from it being better
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You can always start by providing services to others Who need what you can offer
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In service companies You can charge based on hours WORKED OR based on the value provided
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But ALWAYS remember until you’re Making money while you’re Sleeping You have a job, not a business
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When ready you can scale up By hiring and training others To provide that service
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AND TAKE A CUT by matching DEMAND FOR THE SERVICE WITH TRAINED SUPPLIERS OF THAT SERVICE
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But to build a truly Scalable company You need to sell a product Not just provide a service
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HERE’S MY core MOTIVATION: CREATE A SUSTAINABLE WORLD IN WHICH EVERY HUMAN BEING HAS ACCESS TO OPPORTUNITY
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FINDING this CORE MOTIVATION AT age 18 HAS BEEN CRITICAL TO GETTING ME THROUGH THE DIFFICULT AND CHALLENGING TIMES AND FINDING THE STRENGTH FROM WITHIN TO PERSERVERE IN THE FACE OF GENERALLY INSURMOUNTABLE ODDS
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HERE’S WHAT I WANT MY EPITAPH TO SAY:
GREAT MAN, HUSBAND AND FATHER ENTREPRENEUR, LEADER & HUMANITARIAN LED ORGANIZATIONS & BUILT TECHNOLOGIES THAT AdVANCED EQUALITY OF OPPORTUNITY GLOBALLY
Now I’m working on making this a reality
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In line with my life mission I’m building a company Called connect.com to make it easier for HUMANS to connect GLOBALLY
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entrepreneurship Find a big problem
OUR MISSION IS TO BUILD A PLATFORM TO ORGANIZE HUMAN RELATIONSHIPS FOR THE TOUCH GENERATION MAKING THE WORLD MORE OPEN AND CONNECTED
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1. 2. 3.
What problems do you see in the world? WHICH ONE ARE YOU MOST PASSIONATE ABOUT SOLVING How can you create a business that solves the problems you see and makes the world better?
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Building a Better World Through Entrepreneurship
RYAN ALLIS With Ellen Daly
CEO of Connect.com
More slides at www.startupguide.com