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24 Hints to Build a
Super Lean Start-up
Dorian Selz – Squirro
2Squirro – © 2016 Nektoon AG 2© memonic
Namics (Leading CH/D Web Consultancy)
3Squirro – © 2016 Nektoon AG 3© memonic
http://www.local.ch
local.ch (local search)
4Squirro – © 2016 Nektoon AG 4© memonic
Memonic.com
5Squirro – © 2016 Nektoon AG 5© memonic
Get insights faster
Squirro is the most powerful solution for
search-based data discovery and advanced analytics.
6Squirro – © 2016 Nektoon AG
Squirro: A business transformation solution
Analytics
Automatically extract insights,
e.g. customer engagement
Visualization
Make your data accessible for
anyone in your organization
Cognitive
A learning system providing
relevant information in-context
Predictive
Anomaly and trend detection to
automate processes
Search
Combine all your data and
search in all your data
7Squirro – © 2016 Nektoon AG
The startup challenge
8Squirro – © 2016 Nektoon AG
A journey starts…
9Squirro – © 2016 Nektoon AG© memonic
§ Simple goals and a simple plan
à Focus on getting things done
§ At local.ch:
Best local search in Switzerland
§ Squirro:
Automate Data
Squirro provides the right information at the right
moment in context of your workplace – automatically.
1 - Start with a simple plan
10Squirro – © 2016 Nektoon AG© memonic
§ Rule 1 – Customer First, always!
§ Rule 2 – A great team is great people
§ Rule 3 – The solution is the team
§ Rule 4 – Long term over shortterminism
§ Rule 5 – And yet we count the time in months not years
§ Rule 6 – We're optimistic
§ Rule 7 – Creativity and communication are key
§ Rule 8 – Errors are ok, if...
§ Rule 9 – Getting things done
§ Rule 10 – Be nice!
2 - A few commonly shared rules
11Squirro – © 2016 Nektoon AG© memonic
§ Why?
à Money matters...
§ A techie is per se not credible with a
business person & vice versa
§ You need somebody to manage
the (growing) organization
§ 3a: Select intensely
(as with all appointees)
3 - Get a business person into the team
12Squirro – © 2016 Nektoon AG
§ Why?
à Money matters...
§ Cash is king
§ The first due diligence looms on the horizon
§ The first (tax, social security, VAT, etc.)
audit is just around the corner
§ In the end you’ll sell your business
based on Excel not on code
4 - Get a professional bookkeeper
1
© memonic
13Squirro – © 2016 Nektoon AG
§ Why?
à Money matters...
§ What we put into the contract:
- Act as one team
- Pay-out if somebody leaves the team (voluntarily or not)
- Obligations (What happens to your shares if you divorce)
- Price of shares when sold internally
- Right of first refusal, pre-emptive right
- Basically it’s a prenuptial agreement ... ;-)
5 - Start with a good founding contract
1
© memonic
14Squirro – © 2016 Nektoon AG
§ Your largest spending position: Hardware
à Frugality pays
§ Save on salaries:
- In case of founders funds: Already taxed money…
§ Save on equipment:
- Ikea will do,
- Standard pizza box servers, too
6 - Don‘t spend money
15Squirro – © 2016 Nektoon AG© memonic
§ Time is your most precious resource
à Spend time wisely
§ It’s not about control, it’s about an allocation decision of your most
precious resource
7 - Time tracking pays
16Squirro – © 2016 Nektoon AG
8 - Atlassian Starter Licenses
Best 10 bucks you’ll ever spend
17Squirro – © 2016 Nektoon AG
No upfront investment, way more flexibility
9 - Use Cloud Computing
© memonic
18Squirro – © 2016 Nektoon AG© memonic
A call two days before the quarter ends…
10 - NEVER buy hardware at list prices
19Squirro – © 2016 Nektoon AG
11- Cheat a little...
(where you can get away with it)
© memonic
100 MB
1st year free
85.-
Private
Business
20 MB
150.- setup
98.-
20Squirro – © 2016 Nektoon AG 20© memonic
12- Use Virtualization
© memonic
VMware ESX is a
superb product and
is free.
21Squirro – © 2016 Nektoon AG
§ One single-fits-everything-system is prone to fail
à Avoid a Titanic effect
13- Split your system in blocks
22Squirro – © 2016 Nektoon AG© memonic
Yesterday all my backups seemed so far away…
14 - Forget tapes, do online backups
23Squirro – © 2016 Nektoon AG© memonic
15 - Don’t waste time on stuff that
others do much better for free or almost free...
24Squirro – © 2016 Nektoon AG© memonic
16 - Get early agreement, do mockups
25Squirro – © 2016 Nektoon AG© memonic
Before the launch that is.
17 - Do usability testing
26Squirro – © 2016 Nektoon AG
The truth comes out (e.g. Scrum)
18 - Consider using Agile Development
2
© memonic
27Squirro – © 2016 Nektoon AG
18a – Correct errors fast
28Squirro – © 2016 Nektoon AG
Automated server management lets you sleep
19 - Use puppet!
2
© memonic
29Squirro – © 2016 Nektoon AG© memonic
This initial additional effort means less downtime
20 - Automated testing
30Squirro – © 2016 Nektoon AG
21 - Catch those warning, use ELK
31Squirro – © 2016 Nektoon AG
22 - 80% of success is showing up
32Squirro – © 2016 Nektoon AG
§ A start-up experience is an expedition to unchartered territory
à Keep up good spirits
§ Apply the Stockdale Principle:
“Unwavering believe in a positive outcome
yet face the brutal facts of your current position”
23 - Learn to live with the ups and downs
33Squirro – © 2016 Nektoon AG
Success = HardWork * Opportunity * Luck
24 – Erfolg ist wenn harte Arbeit auf Opportunität trifft
34Squirro – © 2016 Nektoon AG 34© memonic05/27/09 © 2009 Nektoon AG
Das Internet wird mündig
Quelle:http://www.flickr.com/photos/kkkkkkkat/3566011979/
Thank you!
Switzerland
Badenerstrasse 120
8004 Zurich
+41 44 586 98 98
Germany
Birkenleiten 41
81543 Munich
+49 89 2154 7429 0
Spain
Calle Pallars 97-99 , Of 32
08018 Barcelona
+34 93 348 21 64
United States
54 West 40th Street
10018 New York City
+1 347 321 9470
info@squirro.com www.squirro.com Squirro - © 2016 NektoonAG
Squirro is an advanced contextual intelligence and Insights solutionthatallows
organizations to efficiently manage and unlock thehidden valuewithin data.
Squirro’s Insights aid businesses to gain a better and faster understanding of
their operations and clients; thus optimizing their processes and becoming
more competitive in an ever-changing marketplace.
Squirro – The Insights Company
United Kingdom
1 Canada Square, Level 39
E14 5AP London
+44 203 725 7609

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24 hints for building a lean startup

  • 1. 24 Hints to Build a Super Lean Start-up Dorian Selz – Squirro
  • 2. 2Squirro – © 2016 Nektoon AG 2© memonic Namics (Leading CH/D Web Consultancy)
  • 3. 3Squirro – © 2016 Nektoon AG 3© memonic http://www.local.ch local.ch (local search)
  • 4. 4Squirro – © 2016 Nektoon AG 4© memonic Memonic.com
  • 5. 5Squirro – © 2016 Nektoon AG 5© memonic Get insights faster Squirro is the most powerful solution for search-based data discovery and advanced analytics.
  • 6. 6Squirro – © 2016 Nektoon AG Squirro: A business transformation solution Analytics Automatically extract insights, e.g. customer engagement Visualization Make your data accessible for anyone in your organization Cognitive A learning system providing relevant information in-context Predictive Anomaly and trend detection to automate processes Search Combine all your data and search in all your data
  • 7. 7Squirro – © 2016 Nektoon AG The startup challenge
  • 8. 8Squirro – © 2016 Nektoon AG A journey starts…
  • 9. 9Squirro – © 2016 Nektoon AG© memonic § Simple goals and a simple plan à Focus on getting things done § At local.ch: Best local search in Switzerland § Squirro: Automate Data Squirro provides the right information at the right moment in context of your workplace – automatically. 1 - Start with a simple plan
  • 10. 10Squirro – © 2016 Nektoon AG© memonic § Rule 1 – Customer First, always! § Rule 2 – A great team is great people § Rule 3 – The solution is the team § Rule 4 – Long term over shortterminism § Rule 5 – And yet we count the time in months not years § Rule 6 – We're optimistic § Rule 7 – Creativity and communication are key § Rule 8 – Errors are ok, if... § Rule 9 – Getting things done § Rule 10 – Be nice! 2 - A few commonly shared rules
  • 11. 11Squirro – © 2016 Nektoon AG© memonic § Why? à Money matters... § A techie is per se not credible with a business person & vice versa § You need somebody to manage the (growing) organization § 3a: Select intensely (as with all appointees) 3 - Get a business person into the team
  • 12. 12Squirro – © 2016 Nektoon AG § Why? à Money matters... § Cash is king § The first due diligence looms on the horizon § The first (tax, social security, VAT, etc.) audit is just around the corner § In the end you’ll sell your business based on Excel not on code 4 - Get a professional bookkeeper 1 © memonic
  • 13. 13Squirro – © 2016 Nektoon AG § Why? à Money matters... § What we put into the contract: - Act as one team - Pay-out if somebody leaves the team (voluntarily or not) - Obligations (What happens to your shares if you divorce) - Price of shares when sold internally - Right of first refusal, pre-emptive right - Basically it’s a prenuptial agreement ... ;-) 5 - Start with a good founding contract 1 © memonic
  • 14. 14Squirro – © 2016 Nektoon AG § Your largest spending position: Hardware à Frugality pays § Save on salaries: - In case of founders funds: Already taxed money… § Save on equipment: - Ikea will do, - Standard pizza box servers, too 6 - Don‘t spend money
  • 15. 15Squirro – © 2016 Nektoon AG© memonic § Time is your most precious resource à Spend time wisely § It’s not about control, it’s about an allocation decision of your most precious resource 7 - Time tracking pays
  • 16. 16Squirro – © 2016 Nektoon AG 8 - Atlassian Starter Licenses Best 10 bucks you’ll ever spend
  • 17. 17Squirro – © 2016 Nektoon AG No upfront investment, way more flexibility 9 - Use Cloud Computing © memonic
  • 18. 18Squirro – © 2016 Nektoon AG© memonic A call two days before the quarter ends… 10 - NEVER buy hardware at list prices
  • 19. 19Squirro – © 2016 Nektoon AG 11- Cheat a little... (where you can get away with it) © memonic 100 MB 1st year free 85.- Private Business 20 MB 150.- setup 98.-
  • 20. 20Squirro – © 2016 Nektoon AG 20© memonic 12- Use Virtualization © memonic VMware ESX is a superb product and is free.
  • 21. 21Squirro – © 2016 Nektoon AG § One single-fits-everything-system is prone to fail à Avoid a Titanic effect 13- Split your system in blocks
  • 22. 22Squirro – © 2016 Nektoon AG© memonic Yesterday all my backups seemed so far away… 14 - Forget tapes, do online backups
  • 23. 23Squirro – © 2016 Nektoon AG© memonic 15 - Don’t waste time on stuff that others do much better for free or almost free...
  • 24. 24Squirro – © 2016 Nektoon AG© memonic 16 - Get early agreement, do mockups
  • 25. 25Squirro – © 2016 Nektoon AG© memonic Before the launch that is. 17 - Do usability testing
  • 26. 26Squirro – © 2016 Nektoon AG The truth comes out (e.g. Scrum) 18 - Consider using Agile Development 2 © memonic
  • 27. 27Squirro – © 2016 Nektoon AG 18a – Correct errors fast
  • 28. 28Squirro – © 2016 Nektoon AG Automated server management lets you sleep 19 - Use puppet! 2 © memonic
  • 29. 29Squirro – © 2016 Nektoon AG© memonic This initial additional effort means less downtime 20 - Automated testing
  • 30. 30Squirro – © 2016 Nektoon AG 21 - Catch those warning, use ELK
  • 31. 31Squirro – © 2016 Nektoon AG 22 - 80% of success is showing up
  • 32. 32Squirro – © 2016 Nektoon AG § A start-up experience is an expedition to unchartered territory à Keep up good spirits § Apply the Stockdale Principle: “Unwavering believe in a positive outcome yet face the brutal facts of your current position” 23 - Learn to live with the ups and downs
  • 33. 33Squirro – © 2016 Nektoon AG Success = HardWork * Opportunity * Luck 24 – Erfolg ist wenn harte Arbeit auf Opportunität trifft
  • 34. 34Squirro – © 2016 Nektoon AG 34© memonic05/27/09 © 2009 Nektoon AG Das Internet wird mündig Quelle:http://www.flickr.com/photos/kkkkkkkat/3566011979/ Thank you!
  • 35. Switzerland Badenerstrasse 120 8004 Zurich +41 44 586 98 98 Germany Birkenleiten 41 81543 Munich +49 89 2154 7429 0 Spain Calle Pallars 97-99 , Of 32 08018 Barcelona +34 93 348 21 64 United States 54 West 40th Street 10018 New York City +1 347 321 9470 info@squirro.com www.squirro.com Squirro - © 2016 NektoonAG Squirro is an advanced contextual intelligence and Insights solutionthatallows organizations to efficiently manage and unlock thehidden valuewithin data. Squirro’s Insights aid businesses to gain a better and faster understanding of their operations and clients; thus optimizing their processes and becoming more competitive in an ever-changing marketplace. Squirro – The Insights Company United Kingdom 1 Canada Square, Level 39 E14 5AP London +44 203 725 7609