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Get Your Product Moving - Founders Institute

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Get Your Product Moving - Founders Institute

  1. 1. Get Your Product Moving Founders Institute November 2012 Tony Karrer, Ph.D. CEO, TechEmpower, Inc. akarrer@techempower.com http://socalcto.com
  2. 2. 2 Background • Ph.D. Computer Science, LMU Professor CS 10 Years • Founder – Sprinkler Systems Installation (age 15) – Knowledge Stream ($59M exit) – TechEmpower (1997 - present) – Aggregage (2010 – present) • Part-Time CTO / Technical Advisor – Talk with 100+ startups each year
  3. 3. 3 Complexity of Your Product Complex > 12 Prog Mon > $100K Simple < 3 Prog Mon < $35K
  4. 4. 4 Simplify Complex > 12 Prog Mon Simple < 3 Prog Mon • Simple Forum • WordPress • Manual Commerce
  5. 5. 5 Other Ways to “Simplify” • Paper (More Next Slide) • Smoke and Mirrors Prototype • Fake Site • Proof of Concept • Minimum MVP • Leverage Existing Platforms or Third Parties
  6. 6. 6 Homework - Before You Build Anything • Steve Blank’s Startup Owner’s Manual • Wireframes • Graphic Comps – 99designs, eLance • Test on Paper and Iterate • Don’t Miss Key Questions http://www.socalcto.com/2011/08/32-questions-developers-may-have- forgot.html – Targets/Mobile, Notifications, Email, Marketing Tracking, Analytics / Metrics / Reporting, SEO Support, Social / Viral, Location, Time Zones, Video
  7. 7. 7 Complexity of Your Product Complex > 12 Prog Mon Simple < 3 Prog Mon Equity Only Developer Dedicated Technical Team In House, Outsource, Hybrid Freelance Developer Offshore Dice Roll
  8. 8. 8 Elusive (Illusive) Technical Cofounder
  9. 9. 9 Be Prepared When You Meet a Developer • They Want – Solve a problem, create something neat from scratch – Learn something new – Food and other Rewards • Hate – Salespeople / Being Sold – Pretending to Know More Than You Know – Not Knowing Enough – Time Wasters - Don't talk too much. Stay on point. Only go social when they go social.
  10. 10. 10 Founder Developer Gap Founder Developer Technical Advisor Programmer Friend Part-time CTO GAP
  11. 11. Get Your Product Moving Founders Institute November 2012 Tony Karrer, Ph.D. CEO, TechEmpower, Inc. akarrer@techempower.com http://socalcto.com

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