Expert from Silicon Valley talks at NCKU to offer guideline for successful startup
Tainan, Taiwan, February 20, 2017
Jahan Bakhtiar, an American expert on quality consulting, gave a talk at Hackathon which took place at National Cheng Kung University (NCKU), Tainan, Taiwan on February 19. In his talk, Bakhtiar provided a basic framework for people who are interested in the ecosystem of startups in the Silicon Valley.
According to Bakhtiar, in the past 18 months, out of 6000 only 115 ideas got the second review and out of 115 ideas only 3 of them got the venture capital. You only have 5 minutes, if you are lucky you have another five minutes to talk about your idea. So you better be prepared.
In his talk, Bakhtiar proposed three major components in the common framework – Idea, Launch the idea, and Growth. In the stage one, Idea, he said, “This is where new entrepreneurs get inspired, learn best practices, develop skills, validate ideas, and begin to build their team and product.”
“First thing to do is keep asking yourself it’s a good idea or not,” said Bakhtiar.
“Try to convince yourself if this is a good idea to move forward or not for a few weeks. Once you do that, you have to sit down look at the news and research, see if there’s any existed similar idea or not, you don’t want to spend months on it and then realize there’s something similar to this which you cannot patent it,” he added.
Also he suggested new entrepreneurs attend the startup events like 106 Miles, Startup Social Silicon Valley, Women Who Code Silicon Valley.
“Remember patent is very important for whatever you do! Application, hardware, software don’t matter. Do the patent search!” noted Bakhtiar.
In stage two, Launch the idea, entrepreneurs establish and formalize the company, develop the product, get feedback from customers, and prepare for the next step.
In stage three, Growth, a startup proves their utility, receives recognition, and scales up. This usually requires funding, angels, VCs, and ways to connect them to startups.
Bakhtiar commented, “When you go to see a venture capital, they not just look into your idea, they also want to look at your research. They want to know where are you going o be in the first year and five year’s plan. They want to know that if you know the market.”
“If you have an idea, you have your 5 minutes! Be 120 percent ready for that five minutes!” he said.
“There is no too big idea!” Bakhtiar told a roomful of students who inspired to start a startup. “If you believe in that, pursue! But do it right!” he added.
Bakhtiar currently serves as a senior technical software quality manager and independent consultant in QA Consulting Inc. in San Francisco, CA. He specializes in test strategies, test planning, test architect, and test design for both manual and automation.
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Jahan Bakhtiar, an American expert on quality consulting, gave a talk at Hackathon which took place at National Cheng Kung University (NCKU), Tainan, Taiwan on February 19. In his talk, Bakhtiar provided a basic framework for people who are interested in the ecosystem of startups in the Silicon Valley.
According to Bakhtiar, in the past 18 months, out of 6000 only 115 ideas got the second review and out of 115 ideas only 3 of them got the venture capital. You only have 5 minutes, if you are lucky you have another five minutes to talk about your idea. So you better be prepared.
In his talk, Bakhtiar proposed three major components in the common framework – Idea, Launch the idea, and Growth. In the stage one, Idea, he said, “This is where new entrepreneurs get inspired, learn best practices, develop skills, validate ideas, and begin to build their team and product.”
“First thing to do is keep asking yourself it’s a good idea or not,” said Bakhtiar.
“Try to convince yourself if this is a good idea to move forward or not for a few weeks. Once you do that, you have to sit down look at the news and research, see if there’s any existed similar idea or not, you don’t want to spend months on it and then realize there’s something similar to this which you cannot patent it,” he added.
Also he suggested new entrepreneurs attend the startup events like 106 Miles, Startup Social Silicon Valley, Women Who Code Silicon Valley.
“Remember patent is very important for whatever you do! Application, hardware, software don’t matter. Do the patent search!” noted Bakhtiar.
In stage two, Launch the idea, entrepreneurs establish and formalize the company, develop the product, get feedback from customers, and prepare for the next step.
In stage three, Growth, a startup proves their utility, receives recognition, and scales up. This usually requires funding, angels, VCs, and ways to connect them to startups.
Bakhtiar commented, “When you go to see a venture capital, they not just look into your idea, they also want to look at your research. They want to know where are you going o be in the first year and five year’s plan. They want to know that if you know the market.”
“If you have an idea, you have your 5 minutes! Be 120 percent ready for that five minutes!” he said.
“There is no too big idea!” Bakhtiar told a roomful of students who inspired to start a startup. “If you believe in that, pursue! But do it right!” he added.
Bakhtiar currently serves as a senior technical software quality manager and independent consultant in QA Consulting Inc. in San Francisco, CA. He specializes in test strategies, test planning, test architect, and test design for both manual and automation.
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