Breaking Barriers
An Introduction to Start ups in Civil Engineering
Background
Mobile
Observation vs Interpretation
What do you see?
What can you make out of this?
VS
Job sites may be holding onto unneeded materials for the sake of convenience.
Observation:
Interpretation:
Here is a pile of unused materials.
Observation vs Interpretation
Idea vs Oppurtunity
Suppose you came up with a
brilliant idea IDEA.
Is it an entrepreneurial/profitable opportunity?
Entrepreneurial Oppurtunity
Many ideas fail, not because the entrepreneurs did not work hard; but because:
there was no real
oppurtunity
to begin with.
Prediction vs Creaction Logic
"Lets make a model!"
"No time, lets just do!"
"How about we take small actions, analyze, and repeat."
ET&A
Know Yourself
"Maximize your strengths, massage your weaknesses."
Write down a list of your strengths and weaknesses on a piece of paper.
Solution: Find people who have your weaknesses as their strengths.
Assembling the Team
"I am people poacher and am always looking for new talent."
-Babson B.E.T.A. Challenge Finalist
Elysium Energy- Raised 1 Million in Funding
The 80/20 Rule
"Find the 20% of your idea that you think will get 80% of the benefits."
"If it doesn't work, find another 20% and keep going until you move on to the next idea."
Raised 3.2 Million in Funding
-Gary Jiang, indico CMO
The Business Model
How are you going create, deliver, and capture value?
Where's the money?
Your Awesome
Tech Start-up
Ad Revenue
Subscriptions
Microtransactions
Commission
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
The Rocket Pitch
- Deliver the business idea
- 3 Slides & 3 Minutes
- Tell a story
The Oppurtunity
The Market
The Model
The Call to Action
Where's The Money At?
Babson B.E.T.A Challenge - $20,000
Rough Draft VC - $25,000
What's better than starting you own business?
Starting your own business with other people's money.
Opportunities in C.E.
Academics
Personal Interest
Professional Experience
Opportunity
Academics
Analysis
Design
Software
Project Managment
Civil Applications
?
?
?
Personal Interest
Professional Experience
Field
Design
Consulting
Research
?
?
?
What I See
Construction Documentation
Optimization
Communication
More
Technological Adoption
What We Saw
Academics
Personal Interest
Professional Experience
Buildsourced
The Yard & Directory
The Yard
Directory
For Field Engineers
"Find me a Top Drill Rigg!!!"
Scary New Boss
Where do even you look??
No idea??
Keep guessing...
Try it Out
buildsourced.com
Contact Us
Questions?
zbedrosian@buildsourced.com
jcueva@buildsourced.com
Concerns?
Comments?
Send us an email!
zachary bedrosian