How to Fail and still be a sucess

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    Hi My name is Caelen King and I‘m the founder and CEO of RevaHealth.com. Today I‘m going to talk to you about something that is really under-rated – failure. Failure is something that I like to think that I‘m good at – after all I have enough experience. Everyday I come to work and every day I‘m wrong but at the end of the month or a year something good and right has been created out of that failure

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    How to Fail and still be a sucess - Presentation Transcript

    1. How to be wrong every day and still be right Caelen King CEO and Founder
      • Founder & CEO of RevaHealth.com
      • Previously VP Product for NewBay Software
      • Previously Product Manager for Baltimore Technology
      Who am I?
    2. Most of us want to do something NEW
    3. The Emotional Rollercoaster – Stage 1
      • This is going to be great .
      • We just do A+B+ C and...
      • WE RULE THE WORLD
    4. Emotional Rollercoaster – Stage 2
      • What was I thinking
      • I am so totally screwed
    5. Emotional Rollercoaster – Stage 3 OK Let’s do it Again
      • Bounce rate went from 45% to 51%,
      • Page view reduced by 25% worst of all
      • Conversion rate went from 7.2% down to 2.4%.
      • IT WAS KILLING 75% OF OUR REVENUE!
      • After a week of counting the cost we pulled it out and brought back the old design.
      Results
      • In Baltimore I launched 5 product lines – ONE SOLD
      • In NewBay I launched another 5 product lines – TWO SOLD
      • In RevaHealth.com of the 4,000+ feature/UI changes logged in basecamp about 500 are used
      • We re-invent on a daily basis
      Nearly Everything is Binware
      • Concentrate on your core functionality – copy everything else
      • Write you own documentation
      • Get it out early
      • Use it yourself
      • Recognise failure as a success
      What to do
      • Don’t try and be 100% right
      • Don’t pull a feature before giving it time to bed down
      • Don’t worry about colours
      • Don’t code for scalability
      • Don’t add ‘nice to haves’
      • Don’t spend a lot of money getting expert advice hoping that it will stop you from being wrong
      • Don’t stubbornly insist that you got it right and the world is wrong
      What not to do
      • You fail because you got it wrong – this is good
      • You fail because you couldn’t be bothered – this is bad
      Two Types of Failure

    + Caelen KingCaelen King, 11 months ago

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    RevaHealth.com Bizcamp Dublin

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