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I have worked in eight Startup projects. All of them failed. I just want to show you our errors, so you do not make them
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The best ways
to drive your startup
into the ground
Anton Pirker
Disclaimer: The Amazon links are affiliate links
(and how to avoid them)
I was part of
● Shnitzl.org
● Jobulous.com
● UrbanGolf
● LoveStream
● eWorkout
I was part of
● Shnitzl.org - ✝ 2008
● Jobulous.com - ✝ 2009
● UrbanGolf - ✝ 2010
● LoveStream - ✝ 2011
● eWorkout - ✝ 2011
R.I.P.
What happened?
Areas where problems can arise
● Product Focus
● Team
● 'Management' Approach
Product Focus
Issues
Product Focus Issues (1)
● Building something nobody needs
● No specific target audience
Product Focus Issues (2)
● 'Featuritis' (→ bad quality)
● Getting lost in technical details
How to avoid Product Focus Issues
● Lean Canvas
● Procrastinate Programming
● Find clients (create Personas)
● Talk to future clients
● Wireframes
Team
Issues
Team Issues (1)
● The 'I do this all by myself' approach
Team Issues (2)
● The team is not 'right'
● The team is too big
Team Issues (3)
● Too much 'brain', not enough 'muscle'
Who to avoid Team Issues
● Small Team (ideally 2-3)
● Balanced Skill-set (Programmer, Designer,
Networker)
● Open, robust and honest relationship (Don't
be afraid to argue)
● ? External Advisor (Networking)
'Management' approach
Issues
'Management' approach issues (1)
● No plan at all
● Doing everything at the same time
'Management' approach issues (2)
● Running out of money while developing
● Too much money
'Management' approach issues (3)
● Not enough communication between team
members
● No or almost no marketing
How to avoid
'Management' Approach Issues
● Have a schedule
● Do daily stand ups
● Stay focused (What is best for the product?)
● Fail fast
Conclusion
Conclusion (1)
● Have a master plan
● Don't do it only for the money
● The focus of the product may change
at any time (pivoting)
Conclusion (2)
● Team with 2-3 people with balanced skill
set
● Build a minimal viable product
Conclusion (3)
● Show it as soon as possible to your
customers
● Build for your customers (get feedback!)
● Market your product right from the
beginning
Books!
Books
The Lean Startupby Eric Ries
The Lean Startup on Amazon
Books
Entrepreneur's
Guide to Customer
Development by Brant Cooper &
Patrick Vlaskovits
The Entrepreneur's Guide to CustDev on
Amazon
Books
Scrum and XP from
the Trenchesby Henrik Kniberg
http://www.infoq.com/minibooks/scrum-
xp-from-the-trenches
Books
Spin sellingby Neil Rackham
Spin Selling on Amazon
Web resources
● Lean Canvas (pdf)http://leancanvas.com/LeanCanvas.pdf
● Personashttp://www.usability.gov/methods/analyze_current/personas.html
● "Why you should market your startup earlier
than you think"http://leostartsup.com/2012/07/why-you-should-market-your-startup-earlier-than-you-think/
● My Pinboard with tag 'startup'http://pinboard.in/u:antonpirker/t:startup
Thank you!
Anton Pirker
@antonpirker
http://goo.gl/pVHjn
Any questions?