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How to turn a full time job into a b2b business

How to Turn a Full-Time

Job Into a B2B Business

Opportunity


2x b2b startup founder flagback hirevoice

2x B2B Startup Founder

(Flagback & HireVoice)

Recognized Usability &

UX Research Expert

>

2013 Most-Liked

SlideShare Presentation

Creator

Author of Lean B2B:

Build Products

Businesses Want


>


Where did the majority of inc 500 founders find

Where did the majority of Inc. 500

founders find their business ideas?


50 of founders got their idea at their previous

50% of founders got their idea at

their previous employer


50%

*

* Study by University professor Amar Bhidé for The Origins

and Evolution of New Business (2000)


Outside in vs inside out

Outside-In

vs.

Inside-Out?


Part i

Part I

The Insider’s Competitive Edge


1.

Easy access to customers

Start a business where you can

get access to customers easily.

- Max Cameron, Kera Co-Founder and CEO


2.

You know the initiatives

& business priorities

If you don’t, you can ask...


3.

You can define the problem owner,

the buyers & figure out where to

start selling


4.

You get credibility and expertise

because you're from the market

If not, you can fake it...


5.

You can run ROI calculations

and start with real data


6.

You understand the risks & what it

takes to sell to large businesses

To overcome the “Status Quo Coefficient”,

your solution should be at least two times

faster, two times better and two times

cheaper than the known alternatives.


7.

You can build a relevant professional

network on company hours


8.

You can pivot on the cheap at

the idea level

It takes a while to get on people’s calendars [...]

For this reason, it doesn’t make sense to leave

your job before having a good indication that

you are working on a real business opportunity.


9.

You can turbo-charge long sales

cycles by starting with a paying

customer


Part ii

Part II

Other people have done it


+

Martin Ouellet


+

Dharmesh Shah

Pyramid Digital Solutions Sells Assets to SunGard Business Systems


+

Martin Bouchard

iBwave Makes PROFIT 200 List of Canada’s Fastest-Growing Companies for Third Consecutive Year


Part iii

Part III

Obvious Challenges




Can it be productized

Can it be productized?


How will you transition from employee

How will you transition from

employee to entrepreneur if

you’re successful?

Fire !!


Part iv

Part IV

How to do it


The first question to ask yourself

The First Question to Ask Yourself:

Core Business?

Non-Core Innovation?


Keep your eyes out for explicit and implicit

Keep your eyes out for explicit

and implicit problems.


People love to talk about their problems

People love to talk about their

problems. The moment that you’re

talking about a person’s problems,

they’re happy.

- Brant Cooper, The Lean Entrepreneur Co-Author


Network talk around the problem get different

Network. Talk around the

problem. Get different inputs.


Narrow the field score problems by pain budget

Narrow the field. Score problems

by pain, budget availability and

impact potential.



Understand the market the watering holes

Understand the market, the

watering holes, influencers, risks,

buyers, buying processes, etc.


Create a plan to test your hypotheses

Create a plan to test your

hypotheses.

The market

is wide

enough to

sustain a

business

There

won’t be

legal

restrictions

The product

can be

productized

There are

other

customers





Part v

Part V

Key Takeaways & Conclusion



A

Paid Work

B

Saving up?

Which makes most sense?


The best time to be an entrepreneur is when

The best time to be an entrepreneur is

when you, and your team, have really

learned about an unmet need,

understand the customer’s pain and you

are ready to take the plunge.

- Ken Morse, Serial Entrepreneur &

MIT Entrepreneurship Founder


The shortest path to successful entrepreneurship

The shortest path to successful

entrepreneurship is what you already

know. Start there.


Thousands of innovators around the world use lean

Thousands of innovators

around the world use

LEAN B2B

« This is a must read for every B2B entrepreneur, SaaS creator or

consultant and business school student. It's the kind of book you

don't read once, you go back to it on a regular basis. » - Carmen

Gerea, CEO & Co-founder, UsabilityChefs

« Treat this book like a map to show you where you are and a

compass to show you the direction. I wish I could have read it 2

or 3 years ago. » – Jonathan Gebauer, Founder, exploreB2B


« Lean B2B is filled with rock-solid advice for technology

entrepreneurs who want a rapid-growth trajectory. Read it to

increase your certainty and your success rate. » - Jill Konrath,

Author of AGILE SELLING and Selling to Big Companies


« The book I read of which I have learned the most. » - Etienne

Thouin, Founder and CTO, SQLNext Software


www.leanb2bbook.com

« This book is essential reading for would-be entrepreneurs who

face the daunting task of entering B2B markets. » – Paul Gillin,

Co-Author, Social Marketing to the Business Customer

Étienne Garbugli:

@egarbugli

/egarbugli


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