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Startup Science




     Michael Dijkstra
     Pollenizer

Friday, 22 March 13
Startup Science




Friday, 22 March 13
Startup Science




                         Systematic Innovation

                      Today, in Australia and Singapore ...
                      Execution teams, deploying Pollenizer tools and
                      process create investable internet businesses in
                      6-9 months and we currently do this about 10
                      times per year.




Friday, 22 March 13
Startup Science




                      Startups = a series of
                           hypotheses




Friday, 22 March 13
Startup Science




Friday, 22 March 13
Startup Science




Friday, 22 March 13
Startup Science




                      Academy Courses
     • Building Lean Startups
       Take an idea from inception to pitch and everything in between.
     • The Lean Product Manager
       Learn how to build, measure and learn your way to success.
     • Coding for Designers & Managers
       You work with coders and you dream of impressing them with
       your own coding chops.
     • Web Development for Lean Startups
       What you need to know to be a developer in a Lean Startup.




Friday, 22 March 13
Startup Science




                         About Me
                      Lean Product Manager
                      Work @ Pollenizer
                      Successfully failed
                      Ruby hacker
                      @micdijkstra
                      github.com/
                      micdijkstra
Friday, 22 March 13
Startup Science




                      A few businesses …




Friday, 22 March 13
Friday, 22 March 13
Startup Science




             Manual testing your ideas




Friday, 22 March 13
Startup Science




Friday, 22 March 13
Startup Science



              1. Problem   4. Solution   3. UVP          9. Unfair   2. Customer
                                                        Advantage




              The lean canvas shows each risk as a
                      8. KPI         5. Channels
                    hypothesis to be tested.



             7. Costs                      6. Revenue




Friday, 22 March 13
Startup Science




Friday, 22 March 13
Startup Science




          It’s hard to find the best person for a job

           What if we could create a list of the best
               people for a given profession




Friday, 22 March 13
Startup Science




                         Test #1

         Recruiters will pay for (find value in) a list
               of top talent in a profession.




Friday, 22 March 13
Startup Science




       We need to find 50 top professionals for a
           given role, add them to a list and
               then we can start selling!




Friday, 22 March 13
Startup Science




Friday, 22 March 13
Startup Science




Friday, 22 March 13
Startup Science




Friday, 22 March 13
Startup Science




                      Pivot or Persevere?




Friday, 22 March 13
Startup Science




                       Test #2

       Business owners will pay for (find value in)
           a list of top talent in a profession.




Friday, 22 March 13
Startup Science




Friday, 22 March 13
Startup Science




Friday, 22 March 13
Startup Science




                      Pivot or Persevere?




Friday, 22 March 13
Startup Science




                      Trusted Referrals




Friday, 22 March 13
Startup Science




                         Test #3

          People will create lists of the best people
                          they know




Friday, 22 March 13
Startup Science




                      Start Now




Friday, 22 March 13
Startup Science




Friday, 22 March 13
Startup Science




               Measure Viral Coefficient
     • Spread of the network
           New members / lists created

     • Conversion
           New members signed up / new members added

     • Cycle
           Signups who created a list

     • Returning users
           Existing signed in users / existing base users



Friday, 22 March 13
Startup Science




                      Within 2 weeks …
     • Over 500 people listed
     • 150 people signed up
     • Viral coefficient of 0.31




Friday, 22 March 13
Startup Science




                      Pivot or Persevere?




Friday, 22 March 13
Startup Science




Friday, 22 March 13
Startup Science




Friday, 22 March 13
Startup Science




Friday, 22 March 13
Startup Science




Friday, 22 March 13
Startup Science




                                  Test
                      Friends will pool money together
                                 and share it




Friday, 22 March 13
Startup Science




Friday, 22 March 13
Startup Science




                               Test
                People will transfer money via Twitter




Friday, 22 March 13
Startup Science




           Long black please bra! @pygg pay @philmorle $5




Friday, 22 March 13
Startup Science




Friday, 22 March 13
Startup Science




Friday, 22 March 13
Startup Science




Friday, 22 March 13
Startup Science




Friday, 22 March 13
Startup Science




Friday, 22 March 13
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Friday, 22 March 13
Startup Science




Friday, 22 March 13
Startup Science




                                    Test
                      People in India will respond to SMS
                        messages to confirm delivery




Friday, 22 March 13
Startup Science




                      We need a merchant
                         … or do we?



Friday, 22 March 13
Startup Science




Friday, 22 March 13
Startup Science




                      How do you know what to
                           manual test?




Friday, 22 March 13
Startup Science




                      Focus on the why

       Figuring out the how is the easy (fun) part




Friday, 22 March 13
Startup Science




           We want people to create lots of lists … Why?
           To create a master list of talent … Why?
           So we can sell it to recruiters … Why?
           So they can have a shortlist of the best
           candidates … Why?
           So they can provide the best candidates to
           employers … Why?
           So an employer can find the best person for
           the job.

Friday, 22 March 13
Startup Science




                      Think of the Flow
     • What is the big piece of value that you are
       basing everything off?
     • How do you think your solution will work?
     • What key stages are there?
     • Can you fake one side of the market?




Friday, 22 March 13
Startup Science




                      Create lots of
                          lists


                       Generate
                       master list

                         Sell list




Friday, 22 March 13
Startup Science




                      Create lots of
                          lists
                         Fake It


                       Master List


                         Sell list




Friday, 22 March 13
Startup Science




                      What are you waiting for?




Friday, 22 March 13
Startup Science




              If you’re so confident that your
                      solution will work, then you
          should have no problem manual
                          testing to prove it.


Friday, 22 March 13
Questions?

                      Test Storyberg for me
                      http://storyberg.com




Friday, 22 March 13

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