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Starting point. We had:. We needed:. Prototype / Technology Test Market Feedback of First Customers 2 Patents Basic Team Some Business Know-How Fun…. Legal Company Business Plan Start Money / Investors Offices / Labs Production Rooms Founders Team. Starting point.

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Presentation Transcript
slide1
Starting point

We had:

We needed:

  • Prototype / Technology
  • Test Market
  • Feedback of First Customers
  • 2 Patents
  • Basic Team
  • Some Business Know-How
  • Fun…
  • Legal Company
  • Business Plan
  • Start Money / Investors
  • Offices / Labs
  • Production Rooms
  • Founders Team
slide2
Starting point

We needed:

  • Legal Company
  • Offices / Labs
  • Production Rooms

Easy to get:

slide3
Starting point

We needed:

  • Business Plan
  • Start Money / Investors

Hard to get:

slide4
Starting point

We needed:

  • Founders Team

Most important:

which never gives up, and sticks together in any situation

slide6
Factors for Success
  • Fruitful Environment (Munich…)
  • Good Human and Financial Resources
  • Good External Support
  • Talk to your Customers (internet marketing is not enough…)
  • Patience and Persistence
  • The TEAM
  • Do it!
slide7
External Support
  • MBPW: Munich Business Plan Competition – 1. rank 2001
  • ODEON: help from students within the MBPW
  • FLÜGGE: support program of bavarian government
  • Nothing else than selling our Products
slide8
External Support: MBPW 2000/2001
  • Münchner Business Plan Wettbewerb 2001:
  • Competition of 167 Teams
  • Seminars
  • Jour Fixes
  • Competition, Team Building!
  • Complex Network of Advisors, Consultants, Investors (for free)
  • Screening of Business Angels, Start-Funding
  • Publicity
  • Attention at the University
  • Business Plan
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