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Accenture Fintech Incubation 2014 Presentation for Fintech Startups The biggest Wildest Ride ever
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"Start up lessons learned” You can’t beat Experience
November 2014
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Founder & CEO of Exicon Successfully founded and exited mobile
network in China to China Unicom Sun Microsystems, Lucent and Siemens Top 50 Global Mobile Entertainment Chairman Emeritus of MEF Experiments with Charged, BomeiG,
Mobizines Advisor and Mentor
http://www.exiconglobal.com/about-us/
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Logistics for Apps
API Management
Applica0on Promo0on
Applica0on wholesale distribu0on
App Locker
Applica0on Brief Builder
Developer Resource
Management
Analy0cs & Tracking
http://www.exiconglobal.com/
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Mobile is the biggest revoluGon in compuGng
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Follow @benedictevans
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Source: ComScore, Flurry Analytics
More Gme is spent in apps than on all the web
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App-‐solutely EssenGal
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SoMware is the New Rock’n’roll
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APP = Music
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DEVICE = Audience
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DEVELOPER = Band
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API = Instrument
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No Instrument = No Music
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No API’s = No Apps
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Marketing Budget
IT Budget D&D 20%
50% Global
50% Local
(Marketing + IT budgets) x 20% = D&D = 50% Global + 50% Local
Development & Deployment
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Cu
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80% Fail Rate
• Reality is for wimps
• Build for future
• Pioneer
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Focus, Manage your Eme. You’ll be doing everything
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Small & fast
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It’s all about ExecuEon
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VC’s REALLY like unfair advantage
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It’s tough, there’s always a curveball, but when you get into the “zone” and it takes the pressure to get you there.
It’s not how you fall, but how you get up
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Whilst we are all optimists, it’s best to prepare for the worst
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It’s a small world and word travels
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Find your path to revenue, it comes with trial and error but push it The art of finding the maximal intersecEon of mutual need
“Heidi Roizen”
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Hire for culture and energy with a hunger to learn and passion Don’t hire from big companies nor for VC
Hire smarter people, but it’s a balance between money and stage
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You make a lot of decisions and you will make a lot of mistakes, just don’t make the same mistakes twice
You’re learning on the fly.
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Average life of a start up is 14 years to exit so it’s not a sprint, and it will get tough, but when the going gets tough and you get through it
something good will come out of it
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You’re the best person to be selling the company. It’s your dream vision and passion No one is thinking about you which is good and bad
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ADAPT OR DIE
“It is not the strongest species that survive, nor the most intelligent, but the ones most responsive to change.”
Charles Darwin
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Tenacity Persistence Commitment DedicaGon Passion Drive Immersion
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Stefan Rust Founder & CEO | EXICON LogisEcs for your Apps E: [email protected]
www.exiconglobal.com
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