So you wanna be an entrepreneur (Alberta perspective)

So You Wanna Be An Entrepreneur?An Alberta PerspectiveStephen King

[email protected]@stephdokin

[email protected]: @CMODragonflyInstagram: @CMO4Hirefacebook.com/cmo4hirelinkedin.com/company/

cmo4hire

This presentation found at:www.stephdokin.com/alberta-entrepreneur

Today’s Chat

THE MAGIC OF HOPE

THE REALITY OF REVENUE

THE WINDS OF CHANGE

THE POWER OF PEOPLE

THE MAGIC

OF HOPE

My Google Pixel XL is 5,000,000 %

faster than my old Atari 400

computer

33 years of turning bits into gold with great teams

Since 2008

Co-Founder, Director Co-Founder

Or a guitar hero?

Do you want to be a guitar player?

THE REALITY

OF REVENUE

A business without revenue is just a hobby Money is the reason we get to continue to do what we do.

Only 2 Types of Businesses

Vitamin: Create opportunity for your customers

Pain pill: Reduce time or expenses for your customers

How much can you charge for it?The MOST important question to answer.

What CASH transaction will occur so your company can make revenue?

$1.50 Salt

$30 Salt

$1.59 Coffee

$5 Coffee

$4.59 Coffee

How long until you’ve “made it?” Income = $ per transaction X # of transactions

Expenses: Product development. Marketing. Service. Plan for a salary for yourself, too.

Funding: Either investment of $$$ or time

THE WINDS

OF CHANGE

“Skate to where the puck is going

to be.”Wayne Greztky

Genetics (DNA)Alternate energy

Nanomedics (medical nanotechnology)

Vertical urban farmingArtificial Intelligence (A.I.)

Virtual reality experience designerSmart home & technicians

Robotics / DronesInternet of Things

Senior / health care3D printing

Synthetic biology / growing organsFitness & nutrition specialists

Computer / IT / Mobile programmingBig data / Predictive Analytics

(statistics)International lawDigital Marketing

change

11373 tech

companies (up 48%

from 735 in 2012)

AEC Alberta Deal Flow Study

http://www.alberta-enterprise.ca/?

page_id=1150

230% Alberta

Investment Tax Credit in 2017The AITC will offer a 30 per

cent tax credit over two years to investors who

provide venture capital to Alberta companies such as

information technology, clean technology, health technology, interactive digital media and game

products, and post-production, visual effects

and digital animation sectors.

3New $10M

Accelerate II fund,

$1.5M digital media grant, ATB, Alberta

InnovatesMore public and private funding

available in 2017, incubators & accelerators

AMAZING TIME TO BE IN ALBERTA

@the_a100

ALBERTATECH

SUCCESS

THE POWER

OF PEOPLE

startupcalgary.ca

startupedmonton.com

startupcan.ca

thechicgeek.ca

calgarygame developers.com

GET INVOLVED ● SPREAD THE WORD ● CONNECT LOCALLY & GLOBALLY

atbboostr.ca

Innovatecalgary.com

albertainnovates.ca

thea100.org

smarter“I am a great believer in luck, and I find the harder I work the more I have of it.” ~ Thomas Jefferson

What will you create?

Stephen [email protected]@stephdokin

[email protected]: @CMODragonflyInstagram: @CMO4Hirefacebook.com/cmo4hirelinkedin.com/company/cmo4hire