You can't beat the experience November 2014
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This document contains notes and lessons learned from the founder and CEO of Exicon, a company that provides logistics services for apps. Some key points include that mobile is the biggest computing revolution, apps are essential, and software has become the new rock and roll. It stresses the importance of APIs for building apps. It also emphasizes execution, finding revenue streams, hiring the right people, learning from mistakes, and adapting to change.
You can't beat the experience November 2014
- 1. "Start up lessons learned” You can’t beat Experience November 2014
- 2. 2 Founder & CEO of Exicon Successfully founded and exited mobile network in China to China Unicom Sun Microsystems, Lucent and Siemens Top 50 Global Mobile Entertainment Chairman Emeritus of MEF Experiments with Charged, BomeiG, Mobizines Advisor and Mentor http://www.exiconglobal.com/about-us/
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- 4. 4 API Management Logistics for Apps Applica0on Promo0on Applica0on wholesale distribu0on Analy0cs & Tracking App Locker Applica0on Brief Builder Developer Resource Management http://www.exiconglobal.com/
- 5. 5 Mobile is the biggest revoluGon in compuGng
- 7. More Gme is spent in apps 7 than on all the web Source: ComScore, Flurry Analytics
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- 10. 10 SoMware is the New Rock’n’roll
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- 12. 12 APP = Music
- 13. 13 DEVICE = Audience
- 14. 14 DEVELOPER = Band
- 15. 15 API = Instrument
- 16. 16 No Instrument = No Music
- 17. 17 No API’s = No Apps
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- 24. 24 (Marketing + IT budgets) x 20% = D&D = 50% Global + 50% Local IT Budget Marketing Budget D&D 20% 50% Global 50% Local Development & Deployment
- 25. 25 Cu
- 26. 26 80% Fail Rate • • •
- 27. 27 Focus, Manage your Eme. You’ll be doing everything
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- 29. 29 Small & fast
- 30. 30 It’s all about ExecuEon
- 31. 31 VC’s REALLY like unfair advantage
- 32. 32 It’s tough, there’s always a curveball, but when you get into the “zone” and it takes the pressure to get you there. It’s not how you fall, but how you get up
- 33. Whilst we are all optimists, it’s best to prepare for the worst 33
- 34. 34 It’s a small world and word travels
- 35. Find your path to revenue, it comes with trial and error but push it 35 The art of finding the maximal intersecEon of mutual need “Heidi Roizen”
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- 37. 37 Hire for culture and energy with a hunger to learn and passion Don’t hire from big companies nor for VC Hire smarter people, but it’s a balance between money and stage
- 38. 38 You make a lot of decisions and you will make a lot of mistakes, just don’t make the same mistakes twice You’re learning on the fly.
- 39. Average life of a start up is 14 years to exit so it’s not a sprint, and it will 39 get tough, but when the going gets tough and you get through it something good will come out of it
- 40. You’re the best person to be selling the company. It’s your dream vision and passion No one is thinking about you which is good and bad 40
- 41. 41 ADAPT OR DIE “It is not the strongest species that survive, nor the most intelligent, but the ones most responsive to change.” Charles Darwin
- 42. Tenacity Persistence Commitment DedicaGon 42 Passion Drive Immersion
- 43. 43 Stefan Rust Founder & CEO | EXICON LogisEcs for your Apps E: [email protected] www.exiconglobal.com