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Slow-cooked Startup

Slow-cooked Startup

A lightning talk with tips on turning your side project idea into a business - if it ever makes it there. The point being, you should be having fun, and you should always have a life.

Andrew Hao

July 13, 2016
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Transcript

  1. Slow Cooked
    Startup
    Turn your hobby project into a smashing success*

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  2. * success
    The joy of creating something valuable
    The satisfaction of learning

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  3. Build to learn
    Knowledge is your guaranteed reward
    Pick unstable, impractical technologies (if you
    want)

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  4. Solve your own
    problems.
    No toy apps.

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  5. Guard your
    time (& your
    life)
    Rule of thumb: No more than 4 hours a week.

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  6. Find a partner
    Misery loves company
    Align your values

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  7. Keep your job
    Startups fail. You need your Real Job.

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  8. Keep
    expectations
    low
    Avoid choices that lead to more stress.
    = stress

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  9. Find your users
    Reddit. Hacker News. Craigslist.
    The local coffee shop.

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  10. What do the
    users think?
    Software analytics, customer interviews.
    Are you solving their problems?

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  11. Do one thing,
    excellently
    Keep a laser focus on your little product.

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  12. Do It All
    Yourself
    You'll be surprised at what you can learn.

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  13. Be cheap
    Stay on the "free" side of freemium

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  14. Dream small
    Tiny growth is great.

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  15. Guiding
    principles
    Are we having fun?
    Do we still have a life?
    Are we proud of the work we've done?
    Do we have at least one passionate user?

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  16. If you're not doing well...
    Kill your
    darlings
    You had a good run. Put the product to rest.

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  17. If you're doing well..
    Ads
    Easy to implement.
    Bad user & brand experience.

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  18. If you're doing well..
    Premium
    features
    Do lightweight experiments, a la Lean Startup.
    Feature flags, A/B testing.
    Don't charge too much

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  19. The more altruistic way
    Donations
    Rely on the goodwill of your community.
    Patreon, Gittip

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  20. Thanks
    With inspiration from:
    Re:work: Jason Fried and DHH
    The Lean Startup: Eric Ries

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