Date post: | 05-Aug-2015 |
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Business |
Upload: | fotis-dimanidis |
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• Fotis Dimanidis (M.sc. C.S.D Auth)• Project & Team lead • Software Engineer (6 years exp.) • Entrepreneur (ex company Co-Founder, 5 years)
• Modestos Kaffes (Hellenic Open University)• Computer Science student • UI/UX Designer • Frontend Developer
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The team
Numbers say
distracted driving fatalities per year in USA
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3500
Νο.1 No.1 cause of fatal crashes among teenagers. Even higher than drunk driving.
distracted driving injuries per year in USA421K
Approach
Eyes on the road (visual distraction)
Hands on the wheel (manual distraction)
No mind riddles (cognitive distraction)
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Co-Driver
Competition entries
• Auth idea competition: 4th
• Startup Live Thessaloniki: 1st
• Ennovation: 4th
• Startup Bootcamp Berlin: 10-20th out of 700 teams
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A bit of history• Initialised April ’13
• Celebrating 2 years!
• Working full-time
• Began with a list of ideas
• Selected idea based on market research
• Ideas matter but do not overestimate them
• The general Navideck idea
• Began as a hobby
• Dormant for several years
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Fast forward• Team changes
• Lots of UX research
• Product strip down Laser focus!!!
• Hired a designer
• Monetization & Business plan
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Meanwhile…• A little thing called traction???
• Traction = Proved interest
• Existing customers
• Website traffic
• Social media followers
• Surveys
• Partnerships
• Competitions
• …
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Problems• Recruiting
• Start on your own
• Keep looking for the right people
• Funding
• Take it the further you can with your own money
• Build a strategy
• Patience & persistence
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DOs & DONTs• Think globally
• Think different
• Gather a great team
• Keep the core technical
• Define roles
• Fall in love with your idea(s)
• Start small
• Adapt26
• Don’t get disappointed
• Don’t settle with “good enough”
• be it product or partners
• Don’t lose focus
• Don’t keep your idea a secret
• Feedback = free ideas
• Execution matters
• Don’t be afraid of failure
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