The presentation 'Being an Entrepreneur in Turkey' is less a specific company pitch and more a pedagogical overview of the Turkish venture landscape in 2017. Authored by Onur B. Çağlar, the deck provides a detailed professional timeline, highlighting both successes and failures in the finance and academic sectors. It leverages OECD data to project Turkey as a top-tier growth economy (4.9% real GDP growth forecast) and outlines specific government R&D incentives like TUBITAK and Technoparks. While it includes section headers for 'Market Size' and 'The Team,' these function as placeholders or t…
Key takeaways
- The author projects Turkey to have an annual average real GDP growth rate of 4.9% between 2015-2025, ranking it first among OECD members on slide 3.
- Foreign Direct Investment (FDI) in Turkey showed significant volatility, peaking at $22,046 million in 2007 before settling at $12,300 million in 2016 as shown on slide 4.
- The deck identifies five key R&D incentive structures in Turkey: R&D Law, Technoparks, Industrial Thesis, TUBITAK, and TTGV on slide 5.
- Automation risk is highlighted via McKinsey and World Bank data, noting a 57% automation risk for jobs in OECD countries on slide 6.
- Funding activity in Q1 2017 reached $19.4 million across 23 rounds, with a single $13 million investment in iyzico dominating the total as cited on slide 12.
- The presentation uses a 'Coolfarming' process model, defining a four-step swarm-based innovation cycle involving COIN, CLN, and CIN networks on slide 10.
- Several slides, including slide 16 (Market Size) and slide 17 (Successful Business Models), contain placeholder text such as 'Describe trends by region,' indicating a template structure.
- The deck explicitly mentions a failed second startup in the author's professional history on slide 2, providing rare transparency in a pitch-style format.
Introduction and Speaker Profile
Slide 1: Title Slide
The cover slide establishes the context: an International Business Conference at Istanbul Aydın University held on May 11, 2017. The title 'START-UP PITCH DECK' is presented in large, teal block letters over a lifestyle photograph. The author, Onur B. Çağlar, identifies as a Serial Entrepreneur, C-Level Professional, Academician, and Consultant. Contact information including a phone number (+90 533 6330011) and website (obcaglar.com) is prominently displayed on a mobile phone graphic.
Slide 2: Professional History
This slide provides a candid timeline of the author's career. In 2013, the author notes a career in the finance sector and involvement in two startups, one of which was exited by selling shares after 'dead-end disputes.' By 2015, the timeline shows an academic career and consultancy, alongside a third startup. Notably, the author explicitly states that the '2nd startup has failed' and an agency was closed due to 'partners’ disagreement.' The slide concludes with the current status of planning two more vertical startups.
Macro-Economic Context of Turkey
Slide 3: Economic Outlook
The presentation shifts to a macro-economic defense of the Turkish market. Citing OECD data, the slide claims Turkey is expected to be one of the fastest-growing economies among OECD members between 2015-2025. A bar chart shows Turkey at the top with a 4.9% annual average real GDP growth forecast, significantly ahead of Chile (4.9%), Greece (3.8%), and the US (2.6%).
Slide 4: Foreign Direct Investment (FDI)
This slide tracks FDI inflows to Turkey from 2006 to 2016 using data from TradingEconomics and ISPAT. The chart shows a peak in 2007 at $22,046 million, followed by a sharp decline during the global financial crisis. By 2016, the figure is reported at $12,300 million. The inclusion of this data suggests an attempt to show market resilience despite historical volatility.
Slide 5: R&D Incentives
The author outlines the institutional support available for Turkish startups. Five categories are illustrated with stopwatch icons: R&D Law (targeting high-tech sectors), Technoparks (university-affiliated development zones), Industrial Thesis (support for tech adaptation), TUBITAK (grants for R&D expenses), and TTGV (interest-free loans for energy and ag-tech). This slide serves as a map for founders to navigate local government support.
Slide 6: Automation and Future of Work
Using an infographic with Turkish text, the slide discusses the 'Highest automation possibility of business areas.' It cites various sources including McKinsey Global Institute and the World Bank. Key figures include a 57% automation risk for jobs in OECD countries and a prediction that 5 million jobs will be lost globally by 2020. This slide frames the necessity of entrepreneurship as a response to shifting labor markets.
Entrepreneurial Theory and Advice
Slide 7: 10 Tips for Startups
The author provides a list of '10 effortlessly do to rocket your startup.' The advice is general: stop multitasking, keep meetings short, listen to critics, challenge yourself, become a better listener, network, take care of health, learn something new daily, don't fear tough decisions, and do what you love. This reinforces the deck's role as a mentorship tool rather than a specific business pitch.
Slide 8: Starting a Startup
A transition slide featuring a 'Start Up!' illustration with a rocket. It marks the beginning of the section focused on the mechanics of building a company.
Slide 9: Traditional Methods Critique
The author includes the classic 'Tree Swing' cartoon, which illustrates how different departments (customer, project leader, analyst, programmer) misinterpret requirements. The headline 'If you still use traditional methods!' suggests that the following slides will propose a more modern, agile approach to development.
Slide 10: The Coolfarming Process
This slide introduces a proprietary or specific innovation framework called 'Coolfarming.' It is described as a 'swarm-based innovation process' in four steps: Creator (the idea), COIN (Collaborative Innovation Network), CLN (Collaborative Learning Network involving friends and family), and CIN (Collaborative Interest Network involving outsiders). This provides a theoretical roadmap for scaling an idea into a community.
Market Analysis and Ecosystem Data
Slide 11: Market Situation Transition
A transition slide featuring a man in a suit, signaling a shift into hard market data.
Slide 12: 2017 Q1 Funding Activities
This is one of the most data-rich slides for the local ecosystem. It reports that in Q1 2017, $19.4 million was invested in 23 rounds. However, it notes a significant imbalance: $13 million was raised by a single company, iyzico , while the remaining 22 rounds shared only $6 million. The author concludes, 'We still need more investments in Serie A & B rounds.' A grid of 24 logos (including Insider, Tarfin, and Evreka) illustrates the active companies of that period.
Slides 13-15: Section Headers
These slides serve as structural markers for 'Investors are looking for,' 'Let's begin your story,' and 'Market Size.' They contain no specific data, acting as placeholders for a standard pitch narrative.
Pitch Deck Templates and Placeholders
Slide 16: Market Size Placeholder
Despite the heading, the slide features a generic aerial photo of a European-style town with no data. It is a visual placeholder for where a founder would typically insert TAM/SAM/SOM figures.
Slide 17: Successful Business Models
This slide shows a world map with teal circles over the U.S. (85%), Mexico (72%), and Spain (65%). The text below each region says 'Describe trends by region,' confirming that this deck was intended as a template for others to fill in or as a visual aid for a speech where the author would provide verbal details.
Slide 18: Product Roadmap
A generic roadmap graphic showing a rocket trajectory through five milestones: Alpha release, Beta release, Silent launch, Local launch, and International launch. Each milestone contains placeholder text: 'Description of the new features and the main benefit for your customer.'
Slide 19: Business Model Canvas vs. Business Plan
Slide 19 shows a brain scan with 'logic' on the left and 'emotion' on the right, titled 'The Business model canvas.' Slide 20 shows a physical document titled 'BUSINESS PLAN' with callouts for financial spreadsheets, environment analysis, and SWOT. The juxtaposition suggests the author is advocating for a balance between structured planning and the more agile Business Model Canvas approach.
Slide 21: The Ask (Template)
The final slide in the provided set, titled 'Select way to progress,' functions as a checklist for the 'Ask.' It prompts the founder to define how much funding they need, for what purpose, and in which phase. It also includes a section for those seeking mentors, asking which profiles are needed and how they will be compensated (fee, success fee, shares, or options).
What Works and What is Missing
What Works
Macro-Economic Justification: The use of OECD and FDI data (Slides 3-4) provides a strong 'Why Turkey?' argument that would be necessary for international investors. · Ecosystem Mapping: Slide 12 provides a very clear snapshot of the 2017 Turkish startup landscape, identifying the specific gap in Series A/B funding. · Founder Transparency: The author’s willingness to list a failed startup on Slide 2 builds credibility and demonstrates a 'battle-tested' background. · Visual Consistency: The deck uses a consistent teal and grey color palette, making it look professional despite the use of placeholder images.
What is Missing
Proprietary Product Data: As this is a conference presentation/template, there is no specific product, value proposition, or unit economics for a single business. · Specific Team Details: Slide 19 is a placeholder; there are no bios or headshots for a functional founding team. · Competitive Analysis: While successful business models are mentioned as a concept (Slide 17), there is no direct comparison to competitors. · Financial Projections: The deck lacks any specific revenue targets or burn rate information, providing only a checklist of what should be in a financial plan (Slide 20).
What a Founder Should Copy
The Ecosystem Snapshot: Founders should include a slide similar to Slide 12 that shows they understand their local funding environment and where they fit within it. · Government Incentive Awareness: Slide 5 is an excellent example of how to show investors that you are leveraging non-dilutive government support to extend your runway. · The 'Lessons Learned' Timeline: Instead of just listing titles, copying the author's approach of explaining why a previous venture ended (Slide 2) can demonstrate maturity to investors.
Frequently asked questions
- Is this a pitch for a specific startup?
- No. While titled 'Start-up Pitch Deck' on the cover, the content reveals it is an educational presentation delivered at the International Business Conference at Istanbul Aydın University in May 2017. It uses the structure of a pitch deck to teach entrepreneurship and explain the Turkish market context rather than to solicit investment for a single product.
- What was the state of Turkish venture capital in early 2017 according to the deck?
- The deck describes a top-heavy market. In Q1 2017, $19.4 million was invested, but $13 million of that went to a single company, iyzico. The author notes that while seed rounds are active ($6 million across 22 other rounds), there is a significant need for more Series A and Series B investment to sustain growth.
- What are the 'Coolfarming' steps mentioned in the innovation process?
- Slide 10 defines Coolfarming as a four-step swarm-based innovation process: 1) The Creator develops the idea, 2) The Creator forms a Collaborative Innovation Network (COIN), 3) The COIN expands into a Collaborative Learning Network (CLN) with friends and family, and 4) Outsiders join to form a Collaborative Interest Network (CIN).
- What specific Turkish government incentives are listed for entrepreneurs?
- Slide 5 lists five pillars: The R&D Law (covering SW, ICT, and biotech), Technoparks (university-linked zones), Industrial Thesis (financial support for tech adaptation), TUBITAK (grants and capital loans), and TTGV (interest-free loans for energy efficiency and ag-tech).
- Does the deck provide a specific team or financial ask?
- It does not. Slides 19 (The Team) and 21 (Select way to progress) are purely conceptual. Slide 21 provides a checklist of questions a founder *should* answer when looking for funds (How much? What purpose? Which phase?) rather than providing the author's own requirements.