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Innovatív BI 2012
Transcript of Innovatív BI 2012
Nov 20, 2012 Background 34, Entrepreneur, Angel investor
First and only job before starting as an entrepreneur: 8 week summer job at Digital Equipment (now HP) during high school
GM at Yahoo Hungary Labs for 3 years
Back to entrepreneurship First venture Co-founded TENSA in 1998
- low tech
- no brain
- small market - high margin
- little investment
- no competition
- no bribery ;) don't ever partner with anyone unless there's a very good reason to do so
(money) or (motivation + skills + hard work)
“Inspiration exists, but it has to find us working.”
doing business internationally is not that complicated
occasional large ticket sales are great, but unpredictable Major takeaways still... don't partner up with anyone,
unless there's a very good reason to do so Indextools founded with three co-founders, two left self-funded ca. USD 300K (?) initially wanted to roll out a set of products (Indextools), then realized that focusing on one may make more sense rolled out first free product after 9 months of development initially acted as product management, sales, tech support, customer support, administration hire people smarter than you pay attention to detail at areas you believe are crucial, learn to delegate at others Excel in a market that is large enough to become your focus but small enough for you to become a leader be local whenever it’s a strength, don’t be local when it isn’t International people / Local knowledge American, British, Irish, Danish, German, Romanian, Serbian, Indian, American Go Global, then Local PRODUCT FOCUS! (Our) path to (our) success Acquisition attempts 2003 - US public company 2006 - scandinavian public company 2007 - British private company 2008 - Yahoo THANK YOU!
email@example.com employees liked me although I'm often a jerk
if you're passionate, chances are they get passionate
losing an employee often creates opportunities
learn to change with the industry don't over-analyze, do it market research is for big corps ... do your own micro research Few thoughts about employees IndexTools, founder and CEO database? Commercial Purpose-built go local, then global go global, then local go to market? 2001 2012 2008 2004 Private label Yahoo! Server log analysis Hosted / On-demand "cloud" architecture? ITDB
Custom file system
SELECTS and INSERTS