"My Startup Experience Lesson Learned" by Oleg Bogdanov at Start-up focused XXX DevClub.lv

Oleg Bogdanov

Mobile Product Manager

Evolution gaming

Awards

2015 EGR Game of the Year

2014 EGR Software Supplier Of

The Year for the 5th year in a

row

Employs 1,300 people

MY STARTUP EXPERIENCE Lessons learned

AGENDA

Internet payments

Targeted marketing

Social network

Mobile app

Game studio

Toolbox

1 INTERNET PAYMENTS

2000

1st Developer, Manager

& Minor Partner

WHERE IS IT TODAY?

LESSONS LEARNED 1.1

Regulations

Reliability

Fraud

LESSONS LEARNED 1.2

Legacy system

Long term strategy

New horizon

“Only a fool learns from

his own mistakes.

The wise man learns from

the mistakes of others.”

― Otto von Bismarck

MOBILE TARGETED MARKETING

2007

IT Manager (dev, admin)

Shareholder

LESSON LEARNED 2

Patents

Growing User base challenge

SOCIAL NETWORK

2007

IT Manager

GROWTH

LESSON LEARNED 3.1

Time to market: Too Early or

too Late?

Monetization

Lohmus, Haavel &

Viisemann

http://pribalt.inf

o/abc.php?mo

nth=9&news=

270

http://www.db.lv

/laikraksta-

arhivs/citas/vi

de-infra-

grupa-sanem-

investicijas-

363557

LESSON LEARNED 3.2

Big Load, Big Data

Business analytics

Pareto principle

GARAGE48: JUSTAROUNDME 2012

Visionary entrepreneur /

Project Manager

LESSON LEARNED 4

Startup hackathon

Prepare you demo backups

Hybrid/HTML5 App

Easy come easy go

GAMES 2009

Manager / Founder

Social gaming

LESSON LEARNED

Angel investors / Venture Capitalist / Venture

Funds / Seed funds

Collaboration

Business Transformation

TOOLBOX

ONE-PAGE PITCH

• Company summary

• Market problem

• Solution

• Sales channels

• Marketing activities

• Target market and segmentation

• Market size

• Competitors

• Competitive advantage

• Funding needs

• Big picture financial projections

• Key milestones

• Team members and advisers

TRELLO

LEAN CANVAS

STARTUP ACCELERATORS

SUM-UP / TAKE AWAY

It is never late

End of start-up?

Start, Keep Focus and MVP (minimal viable prototype)

Mentors or Start-up Accelerators

Collaborate, share

Q&A