with your host:Tara ‘missrogue’ Hunt

rules

• three lifelines:

• phone-a-friend

• 50:50

• ask the audience

• the money is in whuffies, not USD

• you won’t get kicked off the stage if you get the question wrong

$100

What problem are we solving?

A. Problem? We thought this would be cool! B. Google is just so old skool.

C. Problem? Other than I wanted to run a startup? D. None of the above.

$100

What problem are we solving?

A. Problem? We thought this would be cool! B. Google is just so old skool.

C. Problem? Other than I wanted to run a startup? D. None of the above.

$200

Who are we solving this issue for?

A. Well, me of course! B. A very specific person.

C. Everyone has this problem. D. Once again, there’s an issue?

$200

Who are we solving this issue for?

A. Well, me of course! B. A very specific person.

C. Everyone has this problem. D. Once again, there’s an issue?

$300

Why would anyone use this?

A. [insert true differentiator] B. Our technology is the best.

C. Because we aren’t Microsoft. D. We have the hottest marketing plan.

$300

Why would anyone use this?

A. [insert true differentiator] B. Our technology is the best.

C. Because we aren’t Microsoft. D. We have the hottest marketing plan.

$500

Who are our competitors?

A. Nobody. We have a clear blue ocean strategy. B. [insert list of competitors]

C. Everything that our core customer uses/cares about.

D. Absolutely everything that people use today.

$500

Who are our competitors?

A. Nobody. We have a clear blue ocean strategy. B. [insert list of competitors]

C. Everything that our core customer uses/cares about.

D. Absolutely everything that people use today.

$1,000

What is the culture we want to create?

A. A culture of me getting rich! B. Huh?

C. We want to create a culture of _________. And here’s how. D. A culture just like Zappos!

$1,000

What is the culture we want to create?

A. A culture of me getting rich! B. Huh?

C. We want to create a culture of _______. And here’s how. D. A culture just like Zappos!

$2,000

What do we need to do to create that culture?

A. We need a list of core values. B. I’m still not clear on what you mean here.

D. Define values, then make sure every part of the business alignsC. We will define them as we go.

$2,000

What do we need to do to create that culture?

A. We need a list of core values. B. I’m still not clear on what you mean here.

D. Define values, then make sure every part of the business alignsC. We will define them as we go.

$4,000

What is our core metric for success?

A. The core metric that aligns with the cultural goals. B. Sales - the bottom line.

C. Traffic, referrals, happiness, sales, attrition, and more! D. We use ISO standards here.

$4,000

What is our core metric for success?

A. The core metric that aligns with the cultural goals. B. Sales - the bottom line.

C. Traffic, referrals, happiness, sales, attrition, and more! D. We use ISO standards here.

$8,000What is the one thing we can do today to

achieve this metric?

A. Here - we have a strategic plan. B. Build the darn thing.

C. We’ve started building a customer community. D. None of the above.

$8,000What is the one thing we can do today to

achieve this metric?

A. Here - we have a strategic plan. B. Build the darn thing.

C. We’ve started building a customer community. D. None of the above.

$16,000

What is our business model?

A. Build interest first, then worry about the business model. B. Here it is...

C. We will make money from ads. D. We plan to get acquired by Google.

$16,000

What is our business model?

A. Build interest first, then worry about the business model. B. Here it is...

C. We will make money from ads. D. We plan to get acquired by Google.

$32,000

Would someone pay to use this?

A. My mom said she would. B. Nobody wants to pay for stuff anymore.

C. They already do. Our model will circumvent that. D. Maybe.

$32,000

Would someone pay to use this?

A. My mom said she would. B. Nobody wants to pay for stuff anymore.

C. They already do. Our model will circumvent that. D. Maybe.TRICK QUESTION!!

$64,000

How long can we go without making a dime?

A. We need money pronto! B. If we work part-time, we can do this forever.

C. We have 6mths-1yr ramp up money. D. Money is no issue.

$64,000

How long can we go without making a dime?

A. We need money pronto! B. If we work part-time, we can do this forever.

C. We have 6mths-1yr ramp up money. D. Money is no issue.

$125,000

What is our long term vision?

A. To be the next Apple. B. We’re planning quarterly at the moment. Maybe yearly.

C. See page 34 of our strategic plan and vision statement.

D. To help our customers really achieve their long term goals.

$125,000

What is our long term vision?

A. To be the next Apple. B. We’re planning quarterly at the moment. Maybe yearly.

C. See page 34 of our strategic plan and vision statement.

D. To help our customers really achieve their long term goals.

$250,000

What is your disaster recovery plan?

A. What do you mean by ‘disaster’ exactly?

B. We are rock solid on all fronts. Even zombocalypse.

C. We are using Amazon EC3. D. None of the above.

$250,000

What is your disaster recovery plan?

A. What do you mean by ‘disaster’ exactly?

B. We are rock solid on all fronts. Even zombocalypse.

C. We are using Amazon EC3. D. None of the above.

$500,000

What is the worst thing that could happen?

A. Nothing is going to go wrong. We are 100% solid.

B. Denial of service attack? A server melt down? Fire?

C. I don’t want to think about it. You are stressing me out! D. We fail.

$500,000

What is the worst thing that could happen?

A. Nothing is going to go wrong. We are 100% solid.

B. Denial of service attack? A server melt down? Fire?

C. I don’t want to think about it. You are stressing me out! D. We fail.

$1,000,000If we didn’t need money, would we still be

doing this?

A. Totally. B. Are you kidding me? I’d be on a beach sipping Mai Tais.

C. We would, but with better resources.

D. Sort of. I’d be doing this, but with a ‘social good’ twist.

$1,000,000If we didn’t need money, would we still be

doing this?

A. Totally. B. Are you kidding me? I’d be on a beach sipping Mai Tais.

C. We would, but with better resources.

D. Sort of. I’d be doing this, but with a ‘social good’ twist.

at the end of the day:there are no right answers

good entrepreneurs:create and keep their eyes open to all opportunities;

listen to their gut;

think positively;

embrace the chaos;

divert from routine;

take risks (calculated);

are passionate;

have a higher purpose;

listen and never stop learning;

know & understand their customers - personally;

are resilient...and patient.

tara ‘missrogue’ huntauthor, The Whuffie Factorhttp://www.horsepigcow.comhttp://www.thewhuffiefactor.com

p. 514-679-2951e. horsepigcow@gmail.comt. twitter.com/missrogue

share/remix/spread...but don’t forget to attribute

http://slideshare.net/missrogue