Here is what 18 selected French entrepreneurs are working on. What is your favourite?
A picture from ESSEC, where the startup are based, near Paris
Why this article is useful for future entrepreneurs
Stephen King, when asked how to become a good writer, simply answered:
“If you want to be a writer, you must do two things above all others: read a lot and write a lot.
There’s no way around these two things that I’m aware of, no shortcut.”
The same applies to startups.
To become a good entrepreneur, we have to do two things: try out a lot of startup ideas and analyze a lot of startup ideas.
This is why am I spending a fair amount of time analyzing other startups, every week.
This article will be a training session that we are going to do together.
We will be analyzing some startup projects selected by ESSEC VENTURES.
ESSEC is the most famous business school in France.
Before starting, just some words about the framework that we will use.
The RULES of the GAME
- 👨🎓 I won’t analyze the team.
Despite it being the most pivotal aspect of a startup.
Here, I am just stating that we are not investing in the company, just having fun analyzing the business idea. - 💡 I will analyze the potential of the idea as it is.
Not of potential pivots in the same business area. - 🎤 One phrase pitch.
We will try to understand the essential value proposition just by their one-sentence pitch. You will see it works quite efficiently. No need to enter the details of the technology, we don’t have the competencies anyway. - 🌈 No judgment. We are just playing around and training. I am sure these start-ups are already doing great and really hope for them, they will all become unicorns 🦄
Ready? Let’s go!
Here is my final standing, from worse to best.
Write me your most and least favorite in the comments!