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How to Kick-Ass from Romania - efikot

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How to Kick-Ass from
Romania
2nd November 2013
Philipp Kandal @apphil
Why does it matter?
Entrepreneurs are the future
Kick-Ass from Romania
@apphil #2
Golden Rule: Entrepreneurs never complain
Love it, Change it or Leave it
Kick-Ass from Romania
@apphil #3
Romania is not Silicon Valley & never will be
Actually: It’s much better !!!
Kick-Ass from Romania
@apphil #4
#1 Talent availability is 10x better in Cluj
than in Silicon Valley
Kick-Ass from Romania
@apphil #5
Simple Experiment: Who in this room would
work for me for 5.000€ / month?
Kick-Ass from Romania
@apphil #6
#2 Almost no local competition: Working for
an outsourcing company mostly sucks…
Kick-Ass from Romania
@apphil #7
#3 World is flat
Tools, knowledge & resources are global
Kick-Ass from Romania
@apphil #8
#4 Early stage money is available at good
conditions (see LaunchHub, Eleven, etc.)
Kick-Ass from Romania
@apphil #9
How did they become billionaires in Europe?
Kick-Ass from Romania
@apphil #10
Build a business that is focused on revenue
from the beginning…
Kick-Ass from Romania
@apphil #11
Exploit the weak spots of Silicon Valley
companies (cost, exit driven, lack of talent)
Kick-Ass from Romania
@apphil #12
Arbitrage: Produce locally (lower cost) –
Sell & Raise money globally
Kick-Ass from Romania
@apphil #13
Build trust early on with a global presence
Kick-Ass from Romania
@apphil #14
Outsource areas which are hard to cover in
Romania (e.g. branding, sales, design, etc.)
Kick-Ass from Romania
@apphil #15
Let’s do it: You can become the founder of
the next great billion dollar company
Kick-Ass from Romania
@apphil #16
Thank you for your kind attention!
Get in touch: philipp@kandal.de
2nd November 2013
Philipp Kandal
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