First and foremost if you have an idea that you would like to try and turn into a business then pitch the idea on the day, just do it, it’s a fantastic opportunity to essentially change your life as you know it, and so many people let that chance slip away because they are “nervous” or “not feeling up to it”. Don’t worry about being nervous, you will be, and so will everybody else pitching, just get up there and give it your all for a minute.
One minute is shorter than you can ever imagine, and it will seem even shorter on the night. A single minute, depending on how fast you speak, will probably afford you about 120 words to describe what your idea is all about. This isn’t long at all so you must make sure that you use that minute well!
As you might be knowing about Startup Weekend , now let me tell you how you are a part of Global Startup Battle 2015. where you can explore yourself upto the entire world just on the basis of your startup.
Global Startup Battle(GSB) was created by the community and for the community. It is the your chance to compete against teams from across the globe! First you take part in the Startup Weekend at JALANDHAR and then the winners will be contesting against those in the region of Asia Pacific, and then globally! In the GSB you represent your city/region and bring home the startup glory, joining the legacy of the GSB winners!
GSB has several themed tracks that offer different prizes, sources and judges! These tracks are as follows:
- Champions Track– The best of every city/region.
- Great in the Making(Made great by Mr.Coffee)– Products, technologies and solutions that improve the lives of others in one or more areas – Home Life, Work Environment, Transportation, Organisation, Convenience.
- The Innovators(Powered by .CO)– For all Startup Weekend teams launching their brilliant ideas on a .CO domain.
- Disruptors and Big Ideas(Powered by Transpose)– For inventors and entrepreneurs who naturally think outside the box, pushing innovation forward by tackling industry wide problems, not just small scale solutions.
- Mobile Growth Track(Sponsored by Branch)– Mobile Apps that have Branch’s SDK integrated, dashboards collecting data with links team’s create and with sharing switched on.
- Open Track(Sponsored by The Company Corporation)– For teams outside GSB Startup Weekends, unlocking and providing the benefits and value of GSB to all.
Startup Weekend Jalandhar (GlobalStartupBattle) will be held on 20th – 22nd of November, 2015 at Lovely Professional University. To participate, please buy your ticket at www.swjalandhar.in
The objective of startup weekend involves these four important things one will experience at the event:
- connect with people driven to build something new. Rich and diverse talent is a Startup Weekend staple.
- There, at the event, you will meet like-minded and talented people with unique skill-set who are equally energized as you and will love to join you and make the startup, a huge success.
- Are you ready to meet your next (co-founder) (friend) (mentor) (investor)?
- Discover where you are on the Entrepreneur’s Journey.
- Find the resources available near you.
- Discover the next steps you need to take on your road to success.
- Learn what it really takes to start a company.
- Learn from the experiences of the successful Entrepreneurs who are mentoring you at the event.
- Learn and reevaluate your business idea and turn it into a more realistic one.
- It’s that simple. Startup Weekend is designed to get you going, FAST.
- Your local Organizers will set up the ideal environment for you to be successful and learn as much as possible in just 54 hours.
- Now you are ready and planned, so its the time to start and make a difference.
As you learn how to create a real company, you’ll meet the very best mentors, investors, co-founders, and sponsors who are ready to help you get started.
The objective of Startup Weekend is to provide people with as much knowledge and exposure so that after the 54 hours, one can proudly say ” Yes, I am going to Launch my company soon”.
A frequent question entrepreneurs have when they are just starting their company is: how secretive should I be about my idea? My answer: you should talk about it to almost anyone who will listen. This includes investors, entrepreneurs, people who work in similar areas, friends, people on the street, the bartender, etc.
There are lots of benefits to talking to people. You’ll get suggestions for improvements. You’ll discover flaws and hopefully correct them. You’ll learn a lot more about the sector/industry. You’ll learn about competitive products that exist or are being built. You’ll gauge people’s excitement level for the product and for various features. You’ll refine your sales and investor pitch. You might even discover your idea is a bad idea and save yourself years of hitting your head against the wall.
In terms of the risk of someone stealing your idea, there are at best a handful of people in the world who might actually drop everything and copy your idea.
First of all, most people will probably think your idea is stupid. This does not mean your idea is stupid. In fact, if everyone loves your idea, I might be worried that it’s not forward thinking enough.
People at large related companies almost always think they have already built or are in the process of building all the good ideas – so your idea is either something they are already building (which is a good thing to discover early) or else they will dismiss it as a bad idea. (I have a personal diligence rule that when speaking to people at large companies, the facts that they tell you are very useful but their opinions about startup ideas no more valuable than any other smart person’s opinions).
In terms of speaking to other entrepreneurs, the vast majority are already working on something and are highly unlikely to drop everything and copy you. Even if they are in the idea generation phase, high integrity entrepreneurs wouldn’t copy your idea anyways.
VC’s will either not like your idea, or else like it and possibly want to fund you. They vastly prefer funding an existing team than taking an idea and building a team. The one risk is if they have entrepreneurs they are working with in a similar area (see next paragraph). Most VCs have enough integrity to disclose this and let you decide how much detail to go into.
The handful of people in the world who might copy your idea are entrepreneurs just starting up with a very similar idea. You can probably just explicitly avoid these people, although by talking to lots of people your ideas will likely seep through to them.
Even if your idea gets in the wrong hands, they will probably just get the high level “elevator pitch” which isn’t worth much anyways. Hopefully by that time you’ve developed the idea much further and in much greater detail – by talking to as many people as possible.
Startup Weekends are 54hour events designed to provide superior experiential education for technical and nontechnical entrepreneurs. The weekend events are centered on action, innovation, and education. Beginning with Friday night pitches and continuing through testing, business model development, and basic prototype creation, Startup Weekends culminate in Sunday night demos to a panel of potential investors and local entrepreneurs. Participants are challenged with building functional startups during the event and are able to collaborate with likeminded individuals outside of their daily networks.
Who you’ll meet at Startup Weekend:
Startup Weekends attendees’ backgrounds are roughly
● 50% technical (developers, coders, designers)
● 50% business (marketing, finance, law).
Why people come to Startup Weekend:
29% of Startup Weekend participants attend an event to network,
20% attend to develop/build a product
13% attend to learn how to create a new venture.
After the conference is over, roughly 80% of attendees plan on continuing to work on their
startup after the weekend.
What you’ll get out of the event:
1. Education: Startup Weekends are all about learning by doing, whether you’re learning a new skill or a new way of thinking. Don’t just listen to theory, build your own strategy and test it as you go.
2. CoFounder Dating: The people who come to Startup Weekend are serious about learning how to build and launch startups. Create relationships that last long past the weekend.
3. Have fun: During the weekend working alongside awesome people who share your ideas. Startup Weekend is meant to be fun and entertaining so enjoy it.
4. Solve local problems with your ideas. Do you think that one of your idea can change your town or have a positive impact in your group of people? Bring your idea notebook with you and start making a positive change in your local community.
5. Build Your Network: Startup Weekend works hard to recruit high quality, driven entrepreneurs like you!
6. Learn New Skills: With a whole weekend dedicated to letting your creative juices flow, Startup Weekends are perfect opportunities to work on a new platform, learn a new programming language, or give marketing a try. With nothing to lose there’s no reason not to step outside your comfort zone.
7. Learn How to Launch a Business (and Actually Do It!): Startup Weekend is the epitome of Lean Startup Methodology.
8. Mentorship: Local tech and startup leaders participate in Startup Weekends and give feedback to participants. Interact with the movers and shakers in your community.
9. Get Access to Valuable Startup Resources: By participating in Startup Weekend you are given instant access to great products and tools. No one leaves Startup Weekend empty handed! Click here to learn more about some of the offers our Global Sponsors provide during the event.
10. Save Money: Startup Weekends are affordable (typically $99, only $50 for students). Your ticket includes seven meals, snacks, and all the coffee you can drink.
Join our community!
We’re a nonprofit on a mission! Startup Weekend has hosted events in countries all over the world. Join us!
Having done Startup Weekend twice, and even leading a team once, I’m not going to lie – it’s an intense weekend. There’s a lot you can do, a lot of unknowns from hour to hour, and the prizes you could win can make for a lot of additional pressure. I’ve seen people just give up because they couldn’t handle it.
But it’s not actually that hard to handle. You can even get some sleep in the process! In order to do that, you just have to know what you’re getting yourself into. And you need to know what you’re really getting yourself into. No sugar-coating. With two weeks until the big day (okay, days) it’s time to get a bit real.
First things first – if you have the chance, go to the boot camp on Saturday. My experience doing it was simultaneously awkward and educational – and it helped me refine my Friday pitch well enough to get a team together. When I came back in the spring, I skipped it. I’d already been to it once, I should remember everything, right? Nope.
Let’s say you get there on Friday, you pitch, and hooray! You’ve got a team together. Great! Don’t get attached. You’re going to learn a lot, very quickly. Among the things you will learn – your idea needs to change to best meet the market. Or, maybe it’s going to look different from how you imagined because of the time limit. Something is going to happen, like it happens to every business. The best leaders are flexible.
Speaking of flexibility – even if you aren’t leading, you’d better be flexible. Do what you don’t do. Startup Weekend has categories for different skills, but on the ground, they don’t matter. I’ve always signed up as a Developer, but I’ve gone on sales meetings and designed logos. You get so much more pushing out of your comfort zone. It’s hard, but if you do it, your experience (and your team’s) will be much better.
So, hooray! You’ve made it through the weekend, it’s Sunday pitch time! Don’t get your hopes up. Startup Weekend is a competition, so of course many teams won’t walk away with prizes. The prizes are sweet, but they aren’t the point. The point is learning and developing new skills, getting prizes are just a nice bonus. And if your goal is to keep your idea going after the weekend, it doesn’t matter if the judges pick you or not – companies have run for years after “losing” Startup Weekend.
All of which is to say: don’t get discouraged. The first rule of startups is persistence. If your pitch doesn’t get a team, that’s no reason to give up on it. If you find yourself or your team struggling to make progress, shift gears for a little while. Success comes from constantly doing. You can’t build a company without building; you can’t win Startup Weekend if you don’t participate.
(Oh, also: don’t eat all the food you get. You will go into a food coma.)