v4.5.0 - May 17th, 2012 - By Simone Brunozzi - http://bit.ly/awsleancloud - © Amazon Web Services




              The Lean
               Cloud                                                                 Twitter:
                                                                                   #LeanCloud
                                                                                    @simon


               Leverage Cloud Computing
           to build the startup of your dreams
Who am I?



Simone Brunozzi
simone @ amazon.com
Technology Evangelist, AWS
Twitter: @simon
Experience:
Four companies; professor; CTO; startup
mentor worldwide.
My mission today
From the sparkle of an idea
to a successful business.

I will give you advise on how to do it.
I will do my best.

Always use your best judgement.
Question everything.
Failure
What is failure?
How can we risk, without getting hurt?
How does this apply to business?

Failure in different cultures.
On average, many startups fail.
Pen and Paper
Never underestimate the power of pen and
paper.
Take a pen. Take some paper.
Get ready.
Simple exercise
Define an idea.
Find a business model.
Create a product.
Sell it.
IN FIVE MINUTES.

Don’t put limits on your imagination.

IDEA, BUSINESS MODEL, PRODUCT, SALE.
Business
Idea              Product   Sale
        Model
Ready to start?
5
Minutes left
4
Minutes left
3
Minutes left
2
Minutes left
1
Minute left
0
Seconds left
How did it go?
Let’s review some examples.
Simple exercise (together)
Define an idea.
Find a business model.
Create a product.
Sell it.
IN FIVE MINUTES.

Don’t put limits on your imagination.

IDEA, BUSINESS MODEL, PRODUCT, SALE.
Let’s do it!
0:00 - I need an idea!
0:15 - Idea: tests for Cloud expertise.
0:30 - Open notebook, start writing.
2:30 - Ok, now what? Business model.
3:00 - I can charge 1 $ to do the test.
3:15 - Ask around if someone wants it.
3:45 - Start the test.
4:30 - Test completed. Evaluation.
5:00 - Great. First paying customer!
Fear
Did you experience fear?
What could you lose?
Did fear prevent you from “shipping”?

How does fear apply to your existing business?
How does fear apply to your new one?
Embarassed
“If you’re not embarassed
when you ship your first version
you waited too long”

Matt Mullenweg,
CEO & Founder of Wordpress.com
How to do it for real?
What are the steps?

From the sparkle of an idea
to a successful business.

Time to get “serious” about this!
Do you feel you have the power now?
Volkswagen “The Force” 2011 commercial - All rights belong to Volkswagen AG
From zero
to startup
           Twitter:
         #LeanCloud
          @simon
1. Vision
What are you passionate about?
What problem do you want to solve?
What value will you offer?

Try to look at these things with new eyes.
Test your vision with friends, or strangers.
Listen to their feedback.
Don’t fall in love too much
Most entrepreneurs fall in love with their idea.
Love is often blind.

Make sure that you love being an
entrepreneur, not the idea itself.
2. Market research
An important component of business strategy.
Define your market: need, size, growing?
What is your competition?
How do you measure it?
Social/Opinion research
Market
                                                                                Research




This information is provided by Elastic S.r.l. (Rome, Italy) - Creative Commons AT-NC-SA license.
3. How to make money
Define your business model:
create, deliver, capture value.
CapEx vs OpEx

Useful:
Business Model Generation.com
Business Model Canvas
The BMC is a strategic management template for
developing new or documenting existing
business models.

It is a visual chart with elements describing a
firm's value
proposition, infrastructure, customers, and
finances.
An example
8. Key Partners          7. Key Activities           2. Value Propositions        4. Cust. Relationship     1. Cust. Segments

        Cloud                                               improve
                         Web dev /     Customer                                         self-service               Cloud
       Partners                                              cloud
                          mgmt          mgmt                                                                      experts
      (AWS, etc)                                           reputation

       Trainers                        Marketing /        find the right                                         companies
                         Community
     (Codelesson                        acquiring             Cloud                     co-creation              in need of
                           Mgmt
      RedOddity)                       customers              expert                                               experts

                         6. Key Resources                                         3. Channels

                                         Web                                              WWW
                          Founders
                                       designers


                            Quiz       Marketing                                        salespeople
                          creators      budget                                           (channels)


9. Cost Structure                                                 5. Revenue Stream
                            fixed:
                         site design                              Certification   Cloudpions       Cloud
   var:        var:
                               +                                    (sales)          listing     training
 IT infra    Marketing
                         maintenanc                                                (subscr)       (sales)
                               e
                                             Business
                                              Model
                                              Canvas
             This information is provided by Elastic S.r.l. (Rome, Italy) - Creative Commons AT-NC-SA license.
LeanLaunchLab
4. Start a startup
Legal
IP (Intellectual Property)
Hiring
Co-Founders
Firing
5. Build it
Product development
“Lean Startup” methodology
MVP: Minimum Viable Product
Waterfall
Responsive
  Design
Minimum Viable Product
The MVP is:
the simplest version of a new product which
allows a team to collect the maximum amount
of validated learning about customers with the
least effort.

Smoke Test (MVP)
Add now, code later (MVP)
This one
is a MVP!
Smoke Test (MVP)
Create a mock website
Drive traffic with paid advertising
Measure customer interest
Do you
   know
this book?
This is a
Smoke Test
Add now, Code later (MVP)
Add a feature, but code it later.
Measure how many people would like to use
it, how they use it, etc.
Decide if you need the feature or not.
To Pivot or not to pivot
Iterate: new version of the same idea or
product.
Pivot: new direction altogether, new idea.

Data-based decision making.
A/B Testing.
Iterate
Idea   Build   Release   Evaluate     OR
                                     Pivot
Pivot types
Zoom-in
Zoom-out
Customer segment
Customer need
Platform
Business Architecture
Value Capture
Engine of growth
Channel
Technology
Burbn
Instagram
Kevin Systrom:"I've heard that Plan A is never the product
entrepreneurs actually end up with.
I didn't believe it...In many ways, Burbn was getting a bunch of
press, but it wasn't taking off the way we thought it would.
We found people loved posting pictures, and that photos were
the thing that stuck. Mike, my cofounder, and I sat down and
thought about the one thing that made the product unique and
interesting, and photos kept coming up."




                                         Zoom-in
                                          pivot
6. Outsourcing
What did I use for the pictures of this preso?
(iStockPhoto & license-free)
What part of your business should you
outsource?
What value are you creating?
Who can help you create more value?
7. Partners & Ecosystem
What is a Partner?
What is an Ecosystem? (James Moore)
Suppliers?
Why should they help you?
8. Marketing
Advertising
Word of Mouth
Viral Marketing
Online Marketing
Social Media Marketing
Metrics & Measurement
9. Sales
What do you sell?
Who buys?
Why?
How to measure it?
Analytics


This information is provided by Elastic S.r.l. (Rome, Italy) - Creative Commons AT-NC-SA license.
10. Media and PR
Journalists
Bloggers
PR (Public Relations)
Media
Press
After a good
TechCrunch
  article...
11. Going Global
Why limit your offer to local markets?
Can you go global?
A Cloud IT infrastructure can.
What about legal/tax/etc?
The global AWS Infrastructure
         as of March 31st, 2012
12. Fundraising
Why should they be interested?
The “Elevator Pitch”
Investment
Angels
Venture Capitals
Why do they invest?
It’s not just money, it’s connections
13. You’ve launched!
Congratulations!
This is only the first part of the journey.
Keep iterating.
Keep innovating.
Keep improving your offerings.
Rapidly.
Based on Data.
Getting serious: study
Business Model Generation
Entrepreneur’s guide to Customer Development
The Lean Startup
Startup owner’s manual
Etc.
Paul Graham            Steve Blank




              Fred Wilson
“The Lean Startup” (Eric Ries)
Feedback

       中文                     English




ttp://bit.ly/bbjul5tw   http://bit.ly/bbjul5en
Thank you!



Simone Brunozzi
simone @ amazon.com
Technology Evangelist, AWS

Twitter:
@simon
#LeanCloud

Lean Cloud - Amazon Web Services

  • 1.
    v4.5.0 - May17th, 2012 - By Simone Brunozzi - http://bit.ly/awsleancloud - © Amazon Web Services The Lean Cloud Twitter: #LeanCloud @simon Leverage Cloud Computing to build the startup of your dreams
  • 2.
    Who am I? SimoneBrunozzi simone @ amazon.com Technology Evangelist, AWS Twitter: @simon Experience: Four companies; professor; CTO; startup mentor worldwide.
  • 3.
    My mission today Fromthe sparkle of an idea to a successful business. I will give you advise on how to do it. I will do my best. Always use your best judgement. Question everything.
  • 4.
    Failure What is failure? Howcan we risk, without getting hurt? How does this apply to business? Failure in different cultures. On average, many startups fail.
  • 5.
    Pen and Paper Neverunderestimate the power of pen and paper. Take a pen. Take some paper. Get ready.
  • 6.
    Simple exercise Define anidea. Find a business model. Create a product. Sell it. IN FIVE MINUTES. Don’t put limits on your imagination. IDEA, BUSINESS MODEL, PRODUCT, SALE.
  • 7.
    Business Idea Product Sale Model
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13.
  • 14.
  • 15.
    How did itgo? Let’s review some examples.
  • 16.
    Simple exercise (together) Definean idea. Find a business model. Create a product. Sell it. IN FIVE MINUTES. Don’t put limits on your imagination. IDEA, BUSINESS MODEL, PRODUCT, SALE.
  • 17.
    Let’s do it! 0:00- I need an idea! 0:15 - Idea: tests for Cloud expertise. 0:30 - Open notebook, start writing. 2:30 - Ok, now what? Business model. 3:00 - I can charge 1 $ to do the test. 3:15 - Ask around if someone wants it. 3:45 - Start the test. 4:30 - Test completed. Evaluation. 5:00 - Great. First paying customer!
  • 18.
    Fear Did you experiencefear? What could you lose? Did fear prevent you from “shipping”? How does fear apply to your existing business? How does fear apply to your new one?
  • 19.
    Embarassed “If you’re notembarassed when you ship your first version you waited too long” Matt Mullenweg, CEO & Founder of Wordpress.com
  • 20.
    How to doit for real? What are the steps? From the sparkle of an idea to a successful business. Time to get “serious” about this! Do you feel you have the power now?
  • 21.
    Volkswagen “The Force”2011 commercial - All rights belong to Volkswagen AG
  • 22.
    From zero to startup Twitter: #LeanCloud @simon
  • 23.
    1. Vision What areyou passionate about? What problem do you want to solve? What value will you offer? Try to look at these things with new eyes. Test your vision with friends, or strangers. Listen to their feedback.
  • 24.
    Don’t fall inlove too much Most entrepreneurs fall in love with their idea. Love is often blind. Make sure that you love being an entrepreneur, not the idea itself.
  • 25.
    2. Market research Animportant component of business strategy. Define your market: need, size, growing? What is your competition? How do you measure it? Social/Opinion research
  • 26.
    Market Research This information is provided by Elastic S.r.l. (Rome, Italy) - Creative Commons AT-NC-SA license.
  • 27.
    3. How tomake money Define your business model: create, deliver, capture value. CapEx vs OpEx Useful: Business Model Generation.com
  • 28.
    Business Model Canvas TheBMC is a strategic management template for developing new or documenting existing business models. It is a visual chart with elements describing a firm's value proposition, infrastructure, customers, and finances.
  • 29.
    An example 8. KeyPartners 7. Key Activities 2. Value Propositions 4. Cust. Relationship 1. Cust. Segments Cloud improve Web dev / Customer self-service Cloud Partners cloud mgmt mgmt experts (AWS, etc) reputation Trainers Marketing / find the right companies Community (Codelesson acquiring Cloud co-creation in need of Mgmt RedOddity) customers expert experts 6. Key Resources 3. Channels Web WWW Founders designers Quiz Marketing salespeople creators budget (channels) 9. Cost Structure 5. Revenue Stream fixed: site design Certification Cloudpions Cloud var: var: + (sales) listing training IT infra Marketing maintenanc (subscr) (sales) e Business Model Canvas This information is provided by Elastic S.r.l. (Rome, Italy) - Creative Commons AT-NC-SA license.
  • 30.
  • 31.
    4. Start astartup Legal IP (Intellectual Property) Hiring Co-Founders Firing
  • 32.
    5. Build it Productdevelopment “Lean Startup” methodology MVP: Minimum Viable Product
  • 33.
  • 34.
  • 35.
    Minimum Viable Product TheMVP is: the simplest version of a new product which allows a team to collect the maximum amount of validated learning about customers with the least effort. Smoke Test (MVP) Add now, code later (MVP)
  • 36.
  • 37.
    Smoke Test (MVP) Createa mock website Drive traffic with paid advertising Measure customer interest
  • 38.
    Do you know this book?
  • 39.
  • 40.
    Add now, Codelater (MVP) Add a feature, but code it later. Measure how many people would like to use it, how they use it, etc. Decide if you need the feature or not.
  • 41.
    To Pivot ornot to pivot Iterate: new version of the same idea or product. Pivot: new direction altogether, new idea. Data-based decision making. A/B Testing.
  • 42.
    Iterate Idea Build Release Evaluate OR Pivot
  • 43.
    Pivot types Zoom-in Zoom-out Customer segment Customerneed Platform Business Architecture Value Capture Engine of growth Channel Technology
  • 44.
  • 45.
  • 46.
    Kevin Systrom:"I've heardthat Plan A is never the product entrepreneurs actually end up with. I didn't believe it...In many ways, Burbn was getting a bunch of press, but it wasn't taking off the way we thought it would. We found people loved posting pictures, and that photos were the thing that stuck. Mike, my cofounder, and I sat down and thought about the one thing that made the product unique and interesting, and photos kept coming up." Zoom-in pivot
  • 47.
    6. Outsourcing What didI use for the pictures of this preso? (iStockPhoto & license-free) What part of your business should you outsource? What value are you creating? Who can help you create more value?
  • 48.
    7. Partners &Ecosystem What is a Partner? What is an Ecosystem? (James Moore) Suppliers? Why should they help you?
  • 49.
    8. Marketing Advertising Word ofMouth Viral Marketing Online Marketing Social Media Marketing Metrics & Measurement
  • 50.
    9. Sales What doyou sell? Who buys? Why? How to measure it?
  • 51.
    Analytics This information isprovided by Elastic S.r.l. (Rome, Italy) - Creative Commons AT-NC-SA license.
  • 52.
    10. Media andPR Journalists Bloggers PR (Public Relations) Media Press
  • 53.
  • 54.
    11. Going Global Whylimit your offer to local markets? Can you go global? A Cloud IT infrastructure can. What about legal/tax/etc?
  • 55.
    The global AWSInfrastructure as of March 31st, 2012
  • 56.
    12. Fundraising Why shouldthey be interested? The “Elevator Pitch” Investment Angels Venture Capitals Why do they invest? It’s not just money, it’s connections
  • 57.
    13. You’ve launched! Congratulations! Thisis only the first part of the journey. Keep iterating. Keep innovating. Keep improving your offerings. Rapidly. Based on Data.
  • 58.
    Getting serious: study BusinessModel Generation Entrepreneur’s guide to Customer Development The Lean Startup Startup owner’s manual Etc.
  • 59.
    Paul Graham Steve Blank Fred Wilson
  • 62.
  • 63.
    Feedback 中文 English ttp://bit.ly/bbjul5tw http://bit.ly/bbjul5en
  • 64.
    Thank you! Simone Brunozzi simone@ amazon.com Technology Evangelist, AWS Twitter: @simon #LeanCloud