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Vladimir Rusev
In search of IKEGAI
The path to finding your IKEGI
• My Experience upto now and lessons learned
• Abundance and Exponential Thinking
• What the world needs
• Which industry are you disrupting?
• What technology will you be using?
Billionaire Mindset
The University Experience
• Time is enough for both studying, partying and
starting a company.
• Multi-tasking is a myth
• Use Time-blocking to focus
• Weekly schedule to get things done
• You become who you are friends with.
• Who are your tribe?
• Who are you top 10 friends?
What are you hooked
to?
Be Indistractable!
• We are living in the attention economy!
• Control app addictions (facebook, instagram, etc)
• Limit input of negative news
• Become indistractable
Positive Habits
• Read about positive psychology
• Build positive habits and kick negative
ones
Wizcom / Sciant
• A co-founder has multiple hats.
Changed roles from
Accounting/Finance, became
responsible for IT, HR.
• Keep on learning while on the job
(ACCA)
• Grew company to 150 employees
and sold to VMWare
• Customer Development – Referrals, Cold Emails. Slow Organic
growth. No social channels. No specialization – try to do
everything with the newest technologies.
Wizcom’s game
TRANS
• Spent significant R&D time
and effort to develop
• Mixed genres – strategy with
shooter – market did not
understand
• Customer and Bus Dev – Events, Publishers, OEM producers of
hardware. Now much easier – app stores.
• Did not start with MVP but waited for game to be “perfect”. Lost a
lot of money.
CableTEL - Profession
• Startup to consolidate the
Bulgarian CaTV Market
• Growth through acquisitions
and mergers
• Optimize business with new
technologies
• Build to Sell; Sold to Mtel (A1)
• Customer Development – Traditional, Leaflets, Slow.
• Releasing new services – Triple Play (Phone+Internet+TV)
EONTOYS -
Vocation
• Find an empty niche and start your own company.
• Beware of market size, industry culture.
• Be ready to pivot; Be ready to leave your baby
• Transfer best practices from abroad to BG
• Import TV Series; TV Advertising; Web Site.
• Customer Development – List of Shops, visit them onsite all
around the country. Sign Large retailers slowly (Metro, Carrefour,
Hippoland, Komsed)
• I love reading books – it is my passion
• Translate books from English other languages
• Short summaries to create interest
• Crowd funding to secure publishing
• Complicated Business Model, only one cofounder
Passion
Connecto.ai - Mission
• Find the right co-founders and start
something in a hype industry to learn
• Find investors to share the risk
• Hire a great team and figure it out as
you go.
• Find clients to work on consulting
projects to understand what the market
needs, then build the product.
• Customer Development – constant meetings – Mindshare. Banks,
Telcos, FMCGs, Viber.
• Find a partner and use him as a channel.
• Leanplum – mission to learn SaaS Sales and share with other
entrepreneurs
• Customer Development – Marketing, Sales Leads, Calls – Demo.
What does the world need and
where are we headed
• Peter Diamandes
• Singularity University
• Abundance Digital
Computing cost has fallen
Never been cheaper to start
5 Billion new comsumers are coming
online.
What will 5 Billion Minds
Sensors are getting smaller,
better and cheaper
Networks are getting faster and
cheaper
• 25 years ago used a dial up modem to connect to internet. Leased
line costed 2000 USD per month
Global connectivity will connect
people, devices and sensors
bringing about IOT
Local and Linear VS
Global and Exponential
The Power of Exponentials
What is driving the
exponential change?
Moores Law
Integrated Circuits – the ever
increasing computational power
Exponential technologies
The world’s biggest problems are the biggest business
opportunities
Abundance Mindset
• Technology turns scarcity into abundance
• What do you know to be true that others disagree with
you? Peter Thiel
Which industry are you
disrupting?
What technology are you
using?
Bill Gross - Top 5 factors in
Success Across More than 200
companies
Blockbuster vs Netflix
Digitization of Photos
Kodak vs Digital Photography

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Vladimir Rusev American University in Bulgaria Elevate Accelerator 2020

  • 2. The path to finding your IKEGI • My Experience upto now and lessons learned • Abundance and Exponential Thinking • What the world needs • Which industry are you disrupting? • What technology will you be using?
  • 3.
  • 5. The University Experience • Time is enough for both studying, partying and starting a company. • Multi-tasking is a myth • Use Time-blocking to focus • Weekly schedule to get things done • You become who you are friends with. • Who are your tribe? • Who are you top 10 friends?
  • 6. What are you hooked to? Be Indistractable! • We are living in the attention economy! • Control app addictions (facebook, instagram, etc) • Limit input of negative news • Become indistractable
  • 7. Positive Habits • Read about positive psychology • Build positive habits and kick negative ones
  • 8. Wizcom / Sciant • A co-founder has multiple hats. Changed roles from Accounting/Finance, became responsible for IT, HR. • Keep on learning while on the job (ACCA) • Grew company to 150 employees and sold to VMWare • Customer Development – Referrals, Cold Emails. Slow Organic growth. No social channels. No specialization – try to do everything with the newest technologies.
  • 9. Wizcom’s game TRANS • Spent significant R&D time and effort to develop • Mixed genres – strategy with shooter – market did not understand • Customer and Bus Dev – Events, Publishers, OEM producers of hardware. Now much easier – app stores. • Did not start with MVP but waited for game to be “perfect”. Lost a lot of money.
  • 10. CableTEL - Profession • Startup to consolidate the Bulgarian CaTV Market • Growth through acquisitions and mergers • Optimize business with new technologies • Build to Sell; Sold to Mtel (A1) • Customer Development – Traditional, Leaflets, Slow. • Releasing new services – Triple Play (Phone+Internet+TV)
  • 11. EONTOYS - Vocation • Find an empty niche and start your own company. • Beware of market size, industry culture. • Be ready to pivot; Be ready to leave your baby • Transfer best practices from abroad to BG • Import TV Series; TV Advertising; Web Site. • Customer Development – List of Shops, visit them onsite all around the country. Sign Large retailers slowly (Metro, Carrefour, Hippoland, Komsed)
  • 12. • I love reading books – it is my passion • Translate books from English other languages • Short summaries to create interest • Crowd funding to secure publishing • Complicated Business Model, only one cofounder Passion
  • 13. Connecto.ai - Mission • Find the right co-founders and start something in a hype industry to learn • Find investors to share the risk • Hire a great team and figure it out as you go. • Find clients to work on consulting projects to understand what the market needs, then build the product. • Customer Development – constant meetings – Mindshare. Banks, Telcos, FMCGs, Viber. • Find a partner and use him as a channel.
  • 14. • Leanplum – mission to learn SaaS Sales and share with other entrepreneurs • Customer Development – Marketing, Sales Leads, Calls – Demo.
  • 15. What does the world need and where are we headed • Peter Diamandes • Singularity University • Abundance Digital
  • 17. Never been cheaper to start
  • 18. 5 Billion new comsumers are coming online.
  • 19. What will 5 Billion Minds
  • 20. Sensors are getting smaller, better and cheaper
  • 21. Networks are getting faster and cheaper • 25 years ago used a dial up modem to connect to internet. Leased line costed 2000 USD per month
  • 22. Global connectivity will connect people, devices and sensors bringing about IOT
  • 23. Local and Linear VS Global and Exponential
  • 24. The Power of Exponentials
  • 25. What is driving the exponential change? Moores Law
  • 26. Integrated Circuits – the ever increasing computational power
  • 28. The world’s biggest problems are the biggest business opportunities
  • 29. Abundance Mindset • Technology turns scarcity into abundance • What do you know to be true that others disagree with you? Peter Thiel
  • 30. Which industry are you disrupting?
  • 31. What technology are you using?
  • 32. Bill Gross - Top 5 factors in Success Across More than 200 companies
  • 35. Kodak vs Digital Photography