99. The Future of Cities E07: Startups - Unicorns vs 10M€ bootstrapped companies?

Host André Marquet talks to António Lucena de Faria. António is from Porto and has over 40 years of experience in building and managing companies and start-ups - because he started when he was a teenager! He led the creation and development of more than 10 companies, having started his first IT company with the launch of Methodus Sistemas in 1987. He is a founding member of Startup Portugal, representing Fábrica de Startups. At Fábrica, António is designing, validating and adjusting the Business Model, and contacting investors and entrepreneurs. Promoting the business and finding business opportunities. Fábrica de Startups is an innovation hub, providing acceleration to startups in three stages: pre-validation (problem and solution validation), validation (product and market) and launch (go-to-market), and where starting entrepreneurs can seek help in developing their business ideas and growing their startups. Timestamps: Introduction of guest [1:00] How did COVID-19 affect António's business [3:00] António's experience working in the USA in 80s [4:30] Why only a fraction of people become entrepreneurs? [10:00] Are we close to the fifth era of entrepreneurship? [14:00] Are people meant to be solo entrepreneurs considering our need for social approval? [17:30] Creating DAOs online, NFT's & tokens [23:00] What is the future of 5-day work week? [32:00] Finding a co-founder for your entrepreneurial journey [36:00] António's hobbies: blockchain, NFT's & daughter YouTuber [39:20] Life is Cascais [42:00] How does a day in life of António look like [43:30] Fábrica de Startups [45:40] What was the inspiration for creating a startup accelerator? [48:40] Start-up Lisboa [56:00] Is it possible to develop successful business based on your wishes and needs rather than focusing on demand [59:30] Breeding start-ups into Unicorns - Startup factory in Lisbon [1:05:00] What can change in cities to encourage more entrepreneurs [1:09:50] Developing a incentive program for entrepreneurs [1:13:00] Smaller companies