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Pet Startups or Create Your Own Pet-Related Tech Startup!




Friday, November 2, 2012
OUTLINE

               Finding a great idea

               Establishing a team

               Developing a product

               Launching!

               Doing it again

               Service operations


Friday, November 2, 2012
PROCESS

                                        !"#$%&
                           +#$,-&                              ./01"&




                                    )$*$&              '("#&

                                            2#$%/,#&




Friday, November 2, 2012
ABOUT DOGBFF

               Wayne:

                     Water Cooler/Kabam

                     @waynebff

               Carlo:

                     SRI, ROFLPLay, Metamoki

                     @carlobff


Friday, November 2, 2012
DOGBFF




Friday, November 2, 2012
FINDING A GREAT
          IDEA




Friday, November 2, 2012
FINDING A GREAT
          IDEA
               Most startups fail                Tool Highlight: MindNode
               Find a problem and solve it!


               Ambition - Think Big


               Passion - Do what you love


               Skills - Do what you’re best at


               Be Different - or be the first


               Organizing your thoughts


               Mind mapping




Friday, November 2, 2012
ESTABLISH A TEAM




Friday, November 2, 2012
ESTABLISHING A
          TEAM
               What is a startup?

                     A startup is a human institution designed to deliver a new product or service
                     under conditions of extreme uncertainty.

                     A startup is an experiment.

               Goal is to create an institution not just a product.

               Working with co-founders?

                     Starting with a team without technical skills.

                     Incorporation & Equity structure.


Friday, November 2, 2012
BUILDING A PRODCUT




Friday, November 2, 2012
BUILDING A PRODUCT
               Avoid achieving failure.


                     Successfully executing a bad plan.


                           On time, on budget, high quality, beautiful design, something nobody wants.


               Minimize time through loop.


                     Ideas > Build > Code > Measure > Data > Learn


                     The MVP (Minimum Viable Product)


                           Defining the MVP


                     Test your hypotheses and prove that it works



Friday, November 2, 2012
MINIMUM VIABLE
          PRODUCT
               Big vision in small increments

                     Requires commitment to iteration

                     Multiple shots on goal

               Visionary customers can “fill in the gaps” if the product solves a real problem

               Establish a baseline, measure user behavior now

                     Tune the engine

                     Analytics! (Google, Mixpanel)

               Avoid building products that nobody wants

               Pivot or persevere

               Change directions, but build on what you’ve learned.

               Speed Wins



Friday, November 2, 2012
LAUNCHING




Friday, November 2, 2012
DON’T LAUNCH
               Marketing Launch vs. Product Launch

                     Test your hypothesis

                     Make your product available to the public.

               Continuous development of product.

                     Correct quickly.

               Initial user acquisition.

                     Landing/Signup page

                     Building your social capital

                     Advertising & partnerships


Friday, November 2, 2012
MARKETING LAUNCH
                Announce a new product, start its PR campaign and engage in buzz marketing activities.

                Drives customers into sales pipeline.

                      Not renewable acquisition source.

                Establish credibility with partners.

                      Do you know who you want to work with?

                      Help raise money

                      Establishes positioning

                      Need to you know your business model

                      You’don’tget a second chance



Friday, November 2, 2012
SERVICE OPERATIONS




Friday, November 2, 2012
SERVICE OPERATIONS
               You’ve launched your product! Now the hard part starts...

               Product Iteration

               Collecting and responding to user feedback.

               Analytics 101

                     Using metrics to improve Acquisition, Retention, Engagement, and
                     Monetization.

                     Rapid Split Tests

                     Keep it simple enough to use and understand

                           Metrics should be Actionable, Accessible, and Auditable.

                           Look at cohorts over time

Friday, November 2, 2012
SOCIAL MEDIA

               The importance of Social

                     Reach new customers in places they’re already hanging out.

                     Exposure

                     Engagement

                     Conversion

               Build on your blogging experience to actively respond to users.

               Your loudest complainers can become your strongest advocates



Friday, November 2, 2012
TOOLS COVERED

                  Facebook           Mixpanel
                  Twitter            Survey Monkey

                  Pinterest          Hootsuite
                  LaunchRock         MindNode

                  Google Analytics   MailChimp
                  Google Docs        GetSatisfaction

                  Pivotal Tracker




Friday, November 2, 2012
BRAVOYOURCITY.COM




Friday, November 2, 2012

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Pet Startup Ideas & Creating Your Own Pet Tech Company

  • 1. Pet Startups or Create Your Own Pet-Related Tech Startup! Friday, November 2, 2012
  • 2. OUTLINE Finding a great idea Establishing a team Developing a product Launching! Doing it again Service operations Friday, November 2, 2012
  • 3. PROCESS !"#$%& +#$,-& ./01"& )$*$& '("#& 2#$%/,#& Friday, November 2, 2012
  • 4. ABOUT DOGBFF Wayne: Water Cooler/Kabam @waynebff Carlo: SRI, ROFLPLay, Metamoki @carlobff Friday, November 2, 2012
  • 6. FINDING A GREAT IDEA Friday, November 2, 2012
  • 7. FINDING A GREAT IDEA Most startups fail Tool Highlight: MindNode Find a problem and solve it! Ambition - Think Big Passion - Do what you love Skills - Do what you’re best at Be Different - or be the first Organizing your thoughts Mind mapping Friday, November 2, 2012
  • 8. ESTABLISH A TEAM Friday, November 2, 2012
  • 9. ESTABLISHING A TEAM What is a startup? A startup is a human institution designed to deliver a new product or service under conditions of extreme uncertainty. A startup is an experiment. Goal is to create an institution not just a product. Working with co-founders? Starting with a team without technical skills. Incorporation & Equity structure. Friday, November 2, 2012
  • 10. BUILDING A PRODCUT Friday, November 2, 2012
  • 11. BUILDING A PRODUCT Avoid achieving failure. Successfully executing a bad plan. On time, on budget, high quality, beautiful design, something nobody wants. Minimize time through loop. Ideas > Build > Code > Measure > Data > Learn The MVP (Minimum Viable Product) Defining the MVP Test your hypotheses and prove that it works Friday, November 2, 2012
  • 12. MINIMUM VIABLE PRODUCT Big vision in small increments Requires commitment to iteration Multiple shots on goal Visionary customers can “fill in the gaps” if the product solves a real problem Establish a baseline, measure user behavior now Tune the engine Analytics! (Google, Mixpanel) Avoid building products that nobody wants Pivot or persevere Change directions, but build on what you’ve learned. Speed Wins Friday, November 2, 2012
  • 14. DON’T LAUNCH Marketing Launch vs. Product Launch Test your hypothesis Make your product available to the public. Continuous development of product. Correct quickly. Initial user acquisition. Landing/Signup page Building your social capital Advertising & partnerships Friday, November 2, 2012
  • 15. MARKETING LAUNCH Announce a new product, start its PR campaign and engage in buzz marketing activities. Drives customers into sales pipeline. Not renewable acquisition source. Establish credibility with partners. Do you know who you want to work with? Help raise money Establishes positioning Need to you know your business model You’don’tget a second chance Friday, November 2, 2012
  • 17. SERVICE OPERATIONS You’ve launched your product! Now the hard part starts... Product Iteration Collecting and responding to user feedback. Analytics 101 Using metrics to improve Acquisition, Retention, Engagement, and Monetization. Rapid Split Tests Keep it simple enough to use and understand Metrics should be Actionable, Accessible, and Auditable. Look at cohorts over time Friday, November 2, 2012
  • 18. SOCIAL MEDIA The importance of Social Reach new customers in places they’re already hanging out. Exposure Engagement Conversion Build on your blogging experience to actively respond to users. Your loudest complainers can become your strongest advocates Friday, November 2, 2012
  • 19. TOOLS COVERED Facebook Mixpanel Twitter Survey Monkey Pinterest Hootsuite LaunchRock MindNode Google Analytics MailChimp Google Docs GetSatisfaction Pivotal Tracker Friday, November 2, 2012