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It's easy to build a startup ! Viorel Spînu founder of TaskWriter.com ASE October the 14 th , 2009
| Date post: | 17-Dec-2014 |
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Technology |
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It's easy to build a
startup !
Viorel Spînufounder of TaskWriter.com ASE
October the 14th, 2009
Sooo...you wanna build a
business ?
Great !
What is “a business” ?
“A business (also called a firm, or
enterprise) is a legally recognized
organization designed to provide
goods and/or services to
consumers.”
wikipedia
Still wanna build it ?
Very good !
Viorel Spinu
Foxpro programmer for the last 4 college years Java programmer for 3 years after the college
started my own Java company - 2005 - 10
employees in 2009 started Homix, intelligent houses company (and
failed it – 1.5 years ago) started TaskWriter.com 8 months ago
What is the first thing you
need to start a business ?
(of course, you already
have “THE IDEA”)
we all do
“ MONEY ”
WRONG !
1. “Why am I doing that ?”
2. gather data
“A business (also called a firm, or
enterprise) is a legally recognized
organization designed to provide
goods and/or services to
consumers.”
wikipedia
“Is there someone who
would actually pay ??”
Yeah, besides yourself ! :)
who would buy ?
define your market
how many possible
customers are there ?
market size
Is there competition ?
- no competition -
REALLY ?!?!
NOT GOOD !
I've started Homix with
(almost) no competition
and I've closed it after one
year only :)
- there is competition -
OK, good start, means
there are also some money
in the market
gather as much data as you
can about the competition
compete.com, alexa.com,
forum members, blogs,
crunchbase.com, your
friends, support forums,
RSS feed readers on their
blogs
write down the numbers
does it still make sense for
you ?
good !
now do the planning !
“hm..no programming yet,
no money raising yet ?”
no, just not yet :)
and use pen and paper,
don't just keep the data in
your mind
how many users you will
have in
1 month ?
3 months ?
1 year ?
3 years ?
how much money you will
make in
1 month ?
3 months ?
1 year ?
3 years ?
“but how can I possibly
know that ???”
you can't
do “educated guess” !
why do that anyway ?
you need to run a
marathon, and not just the
first 500 meters !
you need to get used to the
numbers, you need to trust
your projections
OK, * NOW * it's time for
some programming :)
build the simplest thing
that works
and get out there to the
users !
NOW !!!
taskwriter.com
one month prototype
experiment a lot, measure
everything
(google analytics, use
events)
tell the world what you do
.ro. Bucharest :
OpenCoffee, GeekMeet,
Wurbe
“but they're gonna steal my
idea !!!!”
really ? :)
I already have 1000 ideas of
my own
and the fact that you have
the product ready will not
stop me anyway :)
release often !
as in “several times a day”
build a process
automate extensively
use SCRUM
think * on * what and why
you're doing
plan and monitor
daily
weekly
monthly
watch your money !
“what money ?!??!!”
* DAILY * cashflow !
keep your expenses LOW !
“what do I get from that ?”
have fantastic customer
support
gather people around you
it's NO magic, YOU can do
that !
“if I could only work for a
month with X”
months later
you have a working
product
you have users and fans
around you
you have a few paying
customers
* NOW * it's time to think
about raising money :)
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