Startup Studio Playbook: For entrepreneurs, pioneers and creators who want to build ventures faster and with higher chance of success. Master the studio framework and start building.
Attila Szigetiamazon.com
Startup Studio Playbook: For entrepreneurs, pioneers and creators who want to build ventures faster and with higher chance of success. Master the studio framework and start building.
They have to specify the priority #1 of the week, how far the project is from its main targets. It’s also - and above all - a time for the CEO to stop and think in order to stand back from the day-to-day operations. It can appear constraining but it’s actually a significant pillar of our method.
All our Trello boards are organized as such: Backlog | To Do | Doing | Testing in Staging / To Validate | Ready for Prod | Done this Week
The main difference between studio and accelerators and incubators are: the studio is a (co)founder and builder of startups - it’s not just about giving some money and mentoring. It’s about exploring markets, creating ideas, building them into products and companies.
Take a core team & entrepreneurs in residence; ● Add shared infrastructure & in-house funding; ● Generate ideas internally, or in some cases, act as a cofounder; ● Build multiple startups in parallel; ● Trash what doesn’t work, reassign team – so you keep all the expertise; ● Spin off what works into a dedicated company; ● Grow. Exit. Repea
... See moreStep 1: IDEATION: Creating and collecting new ideas - Continuous
On Sunday evenings, CEOs of each project write an email to the studio reviewing the past week and explaining the agenda of the week to come.
Step 3: VALIDATION: Pre-Seed Phase - 3-6 months
Here are the common steps to build a startup studio: ● Take a core team & entrepreneurs in residence; ● Add shared infrastructure & in-house funding; ● Generate ideas internally, or in some cases, act as a cofounder; ● Build multiple startups in parallel; ● Trash what doesn’t work, reassign team – so you keep all the expertise; ● Spin off w
... See moreInternal Competition: Scarce central resources within a studio will lead to occasional conflict between your startups. To manage this, the Leaders of the organization need to set clear guidelines on how startups can access your core teams and what the default priorities are. Encourage regular discussions, for example Scrum-like standup meetings, so
... See more