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Starting point

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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Starting point

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  1. 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

  2. Starting point We needed: • Legal Company • Offices / Labs • Production Rooms Easy to get:

  3. Starting point We needed: • Business Plan • Start Money / Investors Hard to get:

  4. Starting point We needed: • Founders Team Most important: which never gives up, and sticks together in any situation

  5. Factors for Success

  6. 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!

  7. 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

  8. 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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