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Teemu Polo
Entrepreneur
Origin:
1875–80;  < French:  literally, one who
undertakes (some task),equivalent to
entrepren ( dre ) to undertake (< Latin inter-
inter- +prendere  to take, variant of
prehendere ) + -eur -eur. See enterprise
(source: dictionary.reference.com)
Finnish: Yrittäjä, i.e. ”one who tries”
So, serial entrepreneur in Finland is somebody who has failed often? :-)
Who, me?
M.Sc. (SW engineering) & executive MBA (strategy)
Nokia R&D team leading
Nokia Business Development (& Strategy)
Startup guy, an entrepreneur, Cyprus, Latvia, Finland.
Soljuva Technologies Ltd
Starttaamo founder & chairman, Mobile Monday Oulu lead, Oulun yrittäjät
member of the board, Revontuliryhmä, ...
Different kind of Startups (Steve Blank)
1.  Lifestyle Startups – Work to Live their Passions
2.  Small Business Startups – Work to Feed the Family
3.  Social Startups – Driven to Make a Difference
4.  Large Company Startups – Innovate or Evaporate
5.  Buyable Startups – Born to Flip
6.  Scalable Startups – Born to Be Big
VILLE HEIKKINEN © BUSINESSOULU 2013, WWW.BUSINESSOULU.COM
Once upon time..
Soljuva Technologies Ltd
Teemu Polo
CEO, co-founder
Out of Office,
not Out of Touch
Problem
Solution
Out of Office,
not Out of Touch
Soljuva Solution
No Training.
No Hassle.
Case Examples
Jorma
40 yrs in industry
Jyrki, 32 yrs
CEO, realtor
Business Case
Before After Saved €
Productive
vs Wasted
hours
Wasted
gasoline
Perceived
quality
2 hrs/d
60 €/d
SAVED & CREATED:
COST:
> 1000 € / MONTH / UNIT
150 € / MONTH / UNIT
Ready-2-Go
Out of Office,
not Out of Touch
Soljuva Timeline
Back to Oulu
Demand side activities
Idea to business
Start up
Growth and
Internationalization
Entrepreneur Orientation
Incubator for experienced
professionals
Enterprise Agency
(Uusyrityskeskus)
Innovation Mill
VILLE HEIKKINEN © BUSINESSOULU 2013, WWW.BUSINESSOULU.COM
Accelerator
Incubator based on Uni. resources
Private co-working
spaces
BO Growth and
Internationalization
services
Universities
Technology
transfer
BO Startup
R&D environment
S
C
A
L
A
B
I
L
I
T
Y
Picture source: http://en.wikipedia.org/wiki/Startup_company
Picture source: http://en.wikipedia.org/wiki/Startup_company
Oulu ecosystem
Business Oulu
Takomo Starttaamo
BK Accelerator
Butterfly VC
Finnvera
Vision+
Starttaamo ry
By entrepreneurs for entrepreneurs
Starttaamo	
  in	
  nutshell
• Voluntary	
  based,	
  peer-­‐to-­‐peer	
  entrepreneur	
  community
• Consists	
  of	
  entrepreneurs,	
  investors	
  and	
  different	
  support	
  
functions	
  	
  (and	
  hangarounders)
• Heteregenuous	
  community.
• Best	
  companies.
• Operations	
  ran	
  as	
  a	
  startup.
Highlights	
  May	
  2011-­‐Dec	
  2012
• Several	
  Coaching	
  events	
  for	
  the	
  Oulu	
  community	
  (not	
  just	
  members)
• Two	
  FastForward	
  coaching	
  events	
  with	
  highest	
  profile	
  VCs
• Roughly	
  30-­‐40	
  company	
  coaching	
  days
• Most	
  relevant	
  VIGO	
  accelerators	
  have	
  visited	
  us	
  frequently
• Successful	
  companies
• Starttaamo	
  member	
  companies	
  have	
  raised	
  10M€	
  funding
• Most	
  of	
  Oulu	
  NIY-­‐companies	
  are	
  members
• 70%	
  of	
  Oulu	
  companies	
  approved	
  to	
  Slush	
  2012	
  were	
  from	
  Starttaamo
• Bitbar	
  won	
  European	
  Venture	
  Contest	
  (ICT	
  category),	
  presented	
  in	
  
Google	
  IO
• Innozed	
  at	
  Slush	
  top-­‐20,	
  finalist	
  at	
  Nordic	
  Startup	
  Awards,	
  @Nasdaq
• Kinoni	
  won	
  SomePitching	
  competition	
  (Oulu)
Highlights	
  May	
  2011-­‐Dec	
  2012
• Several	
  industry	
  leaders	
  and	
  interesting	
  companies	
  
and	
  organisations	
  as	
  visitors,	
  for	
  example:	
  
• Mikko	
  Hyppönen	
  -­‐	
  F-­‐Secure
• Bill	
  Reichert	
  -­‐	
  Garage	
  Technology	
  Ventures
• Artturi	
  Tarjanne	
  -­‐	
  Nexit	
  Ventures
• Tom	
  Henriksson	
  ‒	
  Open	
  Ocean	
  Capital	
  
• Manu	
  Mäkelä	
  ‒	
  Conor	
  
• Antti	
  Kosunen	
  ‒	
  Butterfly	
  Ventures
• Harry	
  Santamäki	
  ‒	
  KoppiCatch	
  
• Risto	
  Rautakorpi‒	
  Gorilla	
  Ventures	
  
• Jaakko	
  Salminen	
  ‒	
  FiBAN
• Henrik	
  Keinonen	
  -­‐	
  VENDEP
• Eyal	
  Benjamin
• CERT-­‐FI
• Microsoft	
  (many)
• Nokia	
  (many)
• KPMG	
  (several	
  visitors)
• OP-­‐Bank	
  (several	
  visits	
  &	
  visitors)
• business	
  angels,	
  business	
  developers,	
  etc	
  etc
• Other	
  events	
  at/by/with	
  Starttaamo,	
  for	
  example:
• Starttaamo-­‐week,	
  including	
  Gamespring	
  event
• Mobile	
  Mondays	
  (a	
  few)
• Somepitching	
  Live!
• Oulu	
  Open	
  Hack	
  (twice?)
• Nordic	
  Panorama,	
  Transmedia	
  Hackathlon
• Ohjelmistoyrittäjät
• Socializing	
  Friday	
  (twice)
• Android	
  Oulu
• Finnmob	
  Open	
  Bar
• Startup	
  Sauna	
  warm-­‐up	
  (twice)
• Peer-­‐coaching	
  events	
  (many)
• Exit-­‐workshop	
  with	
  KPMG
• Microsoft	
  Geeks-­‐with-­‐Slates
• Countless	
  information	
  sessions	
  etc	
  kept	
  for	
  
students	
  and	
  other	
  visitors.
• etc	
  
• etc
Almost	
  all	
  events	
  have	
  had	
  public	
  access
Highlights	
  May	
  2011-­‐Dec	
  2012
• Great	
  media	
  relations	
  &	
  coverage
• Two	
  visits	
  by	
  the	
  Wallstreet	
  Journal,	
  plus	
  number	
  of	
  visits	
  by	
  national	
  newspapers.
• Recently,	
  most	
  coverage	
  was	
  diverted	
  to	
  member	
  companies	
  (no	
  need	
  to	
  pitch	
  
Starttaamo).	
  
• Group	
  of	
  Brittish	
  journalists	
  visited	
  us	
  in	
  Summer	
  2012
• Boostery.
• Networks	
  and	
  cooperation	
  with
• Business	
  Angels	
  Finland
• SomePitching
• Hub	
  Helsinki
• Aalto	
  Startup	
  Sauna
• Finnmob
• Founder2be
• A	
  lot	
  of	
  business	
  development	
  and	
  matchmaking	
  done	
  in	
  background	
  (ask	
  the	
  
companies)
Highlights	
  Jan	
  2013	
  onwards
• Great	
  events
• Peter	
  ”Mighty	
  Eagle”	
  Vesterbacka	
  
visit	
  Jan	
  2013
• Pub	
  Summit	
  event,	
  networking	
  towards	
  UK
• Series	
  of	
  Samsung	
  visits	
  Summer	
  2013
• Helping	
  others	
  to	
  succeed	
  (Startup	
  sauna,
Midnight	
  Pitch	
  Fest)
• Press
• 	
  TechCrunch,	
  ArcticStartup,	
  Finnfacts,	
  Kauppalehti,
Kaleva	
  has	
  reported	
  on	
  us	
  Spring	
  2013.
• Now	
  hiring	
  1st	
  full	
  time	
  employee
• Run	
  day-­‐to-­‐day	
  activities
• Develop	
  Starttaamo	
  further
• Help	
  the	
  members
• A	
  lot	
  of	
  business	
  development	
  and	
  matchmaking	
  done	
  in	
  background	
  (ask	
  the	
  companies)
HINTA 150€
Tervetuloa MobileMondayn “Be Inspired” -kiertueen
VIP-tapahtumaan keskiviikkona 11.9 klo 13-16.
Ravintola Rauhala, Mannenkatu 4, Oulu.
Tomi Ahosen ja Alan Mooren “Communities dominate brands” kirja
oli vuonna 2005 mullistava näkemys yhteisöllisyyden vaikutuksesta
yritystoimintaan ja yhteiskuntiin kaikkialla. Tomi, Alan ja useita muita
maailman johtavia yhteisöllisyyden, joukkoistamisen, mobiilin ja yritys-
muutoksen avainvaikuttajia kokoontuu nyt Ouluun vaihtamaan
näkemyksiään tulevaisuuden muutostarpeista ja -mahdollisuuksista.
Tervetuloa mukaan tähän ainutkertaiseen tilaisuuteen.
LISÄTIETOA JA ILMOITTAUTUMINEN - KLIKKAA ALLAOLEVAA LINKKIÄ
http://www.eventbrite.com/event/7979560079
Tomi Ahonen
Forbesin valitsema maailman merkittävin mobiilivaikuttaja 2012
on kirjoittanut 12 kirjaa mobiilikehityksestä ja yhteisöllisyydestä.
Starttaamo ry
Peer support - Connections - Ecosystem
Summary
Entrepreneurship	
  is	
  about	
  doing	
  stuff.
Get	
  a	
  job.
Focus	
  on	
  sales	
  from	
  day	
  0.
Don’t	
  be	
  afraid	
  to	
  fail.	
  Manage	
  risk.
Connect	
  to	
  your	
  peers.	
  Get	
  help.
Team!
Who wants to be a millionaire?
Thanks.
Contact:
Teemu	
  Polo
teemu.polo@soljuva.fi
+358	
  40	
  565	
  4496

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Startup Entrepreneurship Speech

  • 2. Entrepreneur Origin: 1875–80;  < French:  literally, one who undertakes (some task),equivalent to entrepren ( dre ) to undertake (< Latin inter- inter- +prendere  to take, variant of prehendere ) + -eur -eur. See enterprise (source: dictionary.reference.com) Finnish: Yrittäjä, i.e. ”one who tries” So, serial entrepreneur in Finland is somebody who has failed often? :-)
  • 3. Who, me? M.Sc. (SW engineering) & executive MBA (strategy) Nokia R&D team leading Nokia Business Development (& Strategy) Startup guy, an entrepreneur, Cyprus, Latvia, Finland. Soljuva Technologies Ltd Starttaamo founder & chairman, Mobile Monday Oulu lead, Oulun yrittäjät member of the board, Revontuliryhmä, ...
  • 4. Different kind of Startups (Steve Blank) 1.  Lifestyle Startups – Work to Live their Passions 2.  Small Business Startups – Work to Feed the Family 3.  Social Startups – Driven to Make a Difference 4.  Large Company Startups – Innovate or Evaporate 5.  Buyable Startups – Born to Flip 6.  Scalable Startups – Born to Be Big VILLE HEIKKINEN © BUSINESSOULU 2013, WWW.BUSINESSOULU.COM
  • 6. Soljuva Technologies Ltd Teemu Polo CEO, co-founder
  • 7. Out of Office, not Out of Touch
  • 10. Out of Office, not Out of Touch
  • 13. Case Examples Jorma 40 yrs in industry Jyrki, 32 yrs CEO, realtor
  • 14. Business Case Before After Saved € Productive vs Wasted hours Wasted gasoline Perceived quality 2 hrs/d 60 €/d SAVED & CREATED: COST: > 1000 € / MONTH / UNIT 150 € / MONTH / UNIT
  • 16. Out of Office, not Out of Touch
  • 17.
  • 20. Demand side activities Idea to business Start up Growth and Internationalization Entrepreneur Orientation Incubator for experienced professionals Enterprise Agency (Uusyrityskeskus) Innovation Mill VILLE HEIKKINEN © BUSINESSOULU 2013, WWW.BUSINESSOULU.COM Accelerator Incubator based on Uni. resources Private co-working spaces BO Growth and Internationalization services Universities Technology transfer BO Startup R&D environment S C A L A B I L I T Y
  • 22. Picture source: http://en.wikipedia.org/wiki/Startup_company Oulu ecosystem Business Oulu Takomo Starttaamo BK Accelerator Butterfly VC Finnvera Vision+
  • 23. Starttaamo ry By entrepreneurs for entrepreneurs
  • 24. Starttaamo  in  nutshell • Voluntary  based,  peer-­‐to-­‐peer  entrepreneur  community • Consists  of  entrepreneurs,  investors  and  different  support   functions    (and  hangarounders) • Heteregenuous  community. • Best  companies. • Operations  ran  as  a  startup.
  • 25. Highlights  May  2011-­‐Dec  2012 • Several  Coaching  events  for  the  Oulu  community  (not  just  members) • Two  FastForward  coaching  events  with  highest  profile  VCs • Roughly  30-­‐40  company  coaching  days • Most  relevant  VIGO  accelerators  have  visited  us  frequently • Successful  companies • Starttaamo  member  companies  have  raised  10M€  funding • Most  of  Oulu  NIY-­‐companies  are  members • 70%  of  Oulu  companies  approved  to  Slush  2012  were  from  Starttaamo • Bitbar  won  European  Venture  Contest  (ICT  category),  presented  in   Google  IO • Innozed  at  Slush  top-­‐20,  finalist  at  Nordic  Startup  Awards,  @Nasdaq • Kinoni  won  SomePitching  competition  (Oulu)
  • 26. Highlights  May  2011-­‐Dec  2012 • Several  industry  leaders  and  interesting  companies   and  organisations  as  visitors,  for  example:   • Mikko  Hyppönen  -­‐  F-­‐Secure • Bill  Reichert  -­‐  Garage  Technology  Ventures • Artturi  Tarjanne  -­‐  Nexit  Ventures • Tom  Henriksson  ‒  Open  Ocean  Capital   • Manu  Mäkelä  ‒  Conor   • Antti  Kosunen  ‒  Butterfly  Ventures • Harry  Santamäki  ‒  KoppiCatch   • Risto  Rautakorpi‒  Gorilla  Ventures   • Jaakko  Salminen  ‒  FiBAN • Henrik  Keinonen  -­‐  VENDEP • Eyal  Benjamin • CERT-­‐FI • Microsoft  (many) • Nokia  (many) • KPMG  (several  visitors) • OP-­‐Bank  (several  visits  &  visitors) • business  angels,  business  developers,  etc  etc • Other  events  at/by/with  Starttaamo,  for  example: • Starttaamo-­‐week,  including  Gamespring  event • Mobile  Mondays  (a  few) • Somepitching  Live! • Oulu  Open  Hack  (twice?) • Nordic  Panorama,  Transmedia  Hackathlon • Ohjelmistoyrittäjät • Socializing  Friday  (twice) • Android  Oulu • Finnmob  Open  Bar • Startup  Sauna  warm-­‐up  (twice) • Peer-­‐coaching  events  (many) • Exit-­‐workshop  with  KPMG • Microsoft  Geeks-­‐with-­‐Slates • Countless  information  sessions  etc  kept  for   students  and  other  visitors. • etc   • etc Almost  all  events  have  had  public  access
  • 27. Highlights  May  2011-­‐Dec  2012 • Great  media  relations  &  coverage • Two  visits  by  the  Wallstreet  Journal,  plus  number  of  visits  by  national  newspapers. • Recently,  most  coverage  was  diverted  to  member  companies  (no  need  to  pitch   Starttaamo).   • Group  of  Brittish  journalists  visited  us  in  Summer  2012 • Boostery. • Networks  and  cooperation  with • Business  Angels  Finland • SomePitching • Hub  Helsinki • Aalto  Startup  Sauna • Finnmob • Founder2be • A  lot  of  business  development  and  matchmaking  done  in  background  (ask  the   companies)
  • 28. Highlights  Jan  2013  onwards • Great  events • Peter  ”Mighty  Eagle”  Vesterbacka   visit  Jan  2013 • Pub  Summit  event,  networking  towards  UK • Series  of  Samsung  visits  Summer  2013 • Helping  others  to  succeed  (Startup  sauna, Midnight  Pitch  Fest) • Press •  TechCrunch,  ArcticStartup,  Finnfacts,  Kauppalehti, Kaleva  has  reported  on  us  Spring  2013. • Now  hiring  1st  full  time  employee • Run  day-­‐to-­‐day  activities • Develop  Starttaamo  further • Help  the  members • A  lot  of  business  development  and  matchmaking  done  in  background  (ask  the  companies)
  • 29. HINTA 150€ Tervetuloa MobileMondayn “Be Inspired” -kiertueen VIP-tapahtumaan keskiviikkona 11.9 klo 13-16. Ravintola Rauhala, Mannenkatu 4, Oulu. Tomi Ahosen ja Alan Mooren “Communities dominate brands” kirja oli vuonna 2005 mullistava näkemys yhteisöllisyyden vaikutuksesta yritystoimintaan ja yhteiskuntiin kaikkialla. Tomi, Alan ja useita muita maailman johtavia yhteisöllisyyden, joukkoistamisen, mobiilin ja yritys- muutoksen avainvaikuttajia kokoontuu nyt Ouluun vaihtamaan näkemyksiään tulevaisuuden muutostarpeista ja -mahdollisuuksista. Tervetuloa mukaan tähän ainutkertaiseen tilaisuuteen. LISÄTIETOA JA ILMOITTAUTUMINEN - KLIKKAA ALLAOLEVAA LINKKIÄ http://www.eventbrite.com/event/7979560079 Tomi Ahonen Forbesin valitsema maailman merkittävin mobiilivaikuttaja 2012 on kirjoittanut 12 kirjaa mobiilikehityksestä ja yhteisöllisyydestä.
  • 30. Starttaamo ry Peer support - Connections - Ecosystem
  • 31. Summary Entrepreneurship  is  about  doing  stuff. Get  a  job. Focus  on  sales  from  day  0. Don’t  be  afraid  to  fail.  Manage  risk. Connect  to  your  peers.  Get  help. Team!
  • 32. Who wants to be a millionaire?
  • 33.