Attendees present listened attentively as Justin held no punches back by "telling it like it is" on what it takes to start a tech startup using examples from the likes of Ronnie Apteker, Yossi Hasson and Justin Drennan.
His advice ranged from Grit is greater than Talent to founders should not be Married to their ideas.
He further explained, among other lessons, why income statements and balance sheets mean nothing when you're starting up and that your startup is only alive if cash is flowing through it.
“Being an entrepreneur is eating two minute noodles for breakfast, lunch and dinner, sleeping on other peoples couches, borrowing money from people and having an over night success in ten years time” — Justin Spratt
During the Q & A session issues of diversity in technology, balancing employment and having a side project as well as venture capital were addressed by Justin.
You can view the highlights from the event in the video below.
Rogerio Ferreira, one of the attendees, summarized the ten Startup Manifesto points Justin made on his Medium blog.
Another attendee, inspired by Justin, explains why being an entrepreneur is about eating two minute noodles.
SME South Africa managed to get an interview with Justin to get more advice he has for tech startups in this video below.
We hope to see you at our next events.