My Startup Weekend PEI experience

The weekend started with me playing the role of the introvert, sitting on the sidelines, watching all the extroverts network, talk about school, and dev. related topics. In the sea of these people there was one other individual sitting by herself, ignoring the fray, and who I would team up with later to develop, or more accurately refine, a business plan she had.

I talked to a lot of people over the weekend, which for me is an accomplishment in itself, but which in combination with poor sleep, left me tired and required a morning respite in front of Netflix watching trashy TV.

My experience on the whole was very positive.

I’ve been apart of many similar activities, most involuntary and inside corporate R&D, and fuelled by crappy Dominos style food. It’s amazing how much difference the quality of food makes in an experience such as this. I’ve never attended any kind of design/dev event that has served food comparable to the lobster lasagna, fresh shucked oysters, sashimi, and hot sandwiches that were presented this weekend. There was copious amounts of fruit, fresh hot coffee and cold beer on tap. I commended every organizer that would listen, that the food served at this event was world class and absolutely delicious.

There was one aspect that proved to be a point of concern. Not everyone understands the whole pitch-startup culture and it’s rapid fire iteration and style of speaking. The people I teamed up with didn’t, and they are the people, in PEI at least, that may benefit from this kind of event the most. They were local, rural, and will stay such. The “CEO” of the team lives in the country, hires people from the area, and wants to expand. What better fit could there be for a startup event in PEI? Unfortunately, this lack of understanding, they registered at the last minute, meant that for much of the weekend I felt like an unpaid consultant, instead of someone practicing the development of a business idea. While it’s the responsibility of the participant understand what they are getting themselves into, some kind of quick refresher at the beginning might have proved valuable (not everyone reads all the text on a website).

Other than meeting so many interesting people, including our passionate “CEO” and the team, the highlight of the weekend was the opportunity to work with someone from an entirely different background, take them through an experience design process and come out of the process with agreement, understanding, focus, and new ideas for a business. I’ve worked with people in tech whose eyes gloss over when you talk about the value of personas, understanding your customers experience, and mapping out your customers journey through the use of a product. It can be very abstract to most and the value not readily apparent. While not applicable to every product, it worked extremely well in this context, and she, the CEO, understood its value almost completely. In the end, with the help of one of the many mentors, she came away with an entirely new potential revenue stream. I came away with some valuable new experience – it’s all too rare to have the opportunity to do this kind of work with passionate, strong people outside of the tech community.

I certainly look forward to participating again, in some capacity, in the future.

Startup Weekend PEI

I’m participating this year in Startup Weekend PEI which starts tomorrow evening and ends sometime on Sunday. I’ve had similar experiences, including a Yahoo Hackathon, but this is the first time I will be thrown together with a bunch of strangers in an effort to create something business like.

The event has been on my radar for a while but I am often a bit dubious about any experience that people speak about in such glowing terms. Despite my doubts I finally decided yesterday to pull the trigger, register, and participate as a designer.

My motivations are simple, I love working at the beginning of the product development cycle and I haven’t had much opportunity lately, outside of my own product, to design much of anything. There are risks of course, I am participating without any preparation and without any idea who I might be working with. So much depends on the personality of the group of people involved, and to a lessor extent our collective experience and ability (the outcome is only a demo, not necessarily a functioning app., so mad dev. skills shouldn’t be necessary).

I’m expecting it to be fun and at the very least I should get some experience drawing star people and meet some new interesting freinds.

Creative entrepreneurs need community, not just customers

Several months ago, a friend I hadn’t seen in years handed me a check for $300. She used to accept Paypal payments on my behalf, back in 2003 when I made jewelry and listed regularly on eBay. (She had set up a separate account in another bank. Things happened. They found her after a decade. Isn’t that remarkable?)

I was a fledgling creative entrepreneur, pre-Paypal, pre-Facebook. It was a struggle, especially because I didn’t know too many people who were doing anything along the same lines.

I joined local bazaars. Inevitably, I would be one of only two or three tables with handmade creations. Everyone else had mass-manufactured goods. Buyers would bargain and tell me, “But over at the other booth, necklaces are less than a hundred pesos!”

A creative entrepreneur is a creator, maker, marketer and retailer, all in one. It takes a lot more bravery to market and sell the products of your personal creativity compared to doing it for other people, or for a salary. Your self-worth can fluctuate depending on what people are willing to pay for the work of your mind, heart, and hands.

Back then, there were no visual social networks that let creators express their vision and purpose, and allowed people who might like what they made to discover their work. There was an audience for handmade, but there was too much friction and not enough serendipity between the creator and the audience.

Back then, I had customers. They couldn’t tell other people, easily, that they liked my work. They couldn’t selfie with my necklace and tag me and 10 other friends, one of whom just might have been a fledgling creative entrepreneur, too.

Today, social platforms like Instagram and Snapchat are both serendipity engine and global marketplace. Never has it been easier to find and bond with the like-minded. And when that happens, we call that community. Community is a force multiplier for growth. Creators and audience can find one another faster, learn from a wider pool, and improve together.
Leigh Reyes on Creativity, Leadership and Limited FTG

Mastering the Problem Space for Product/Market Fit

The above video is from an earlier talk from a year ago and tends to have a slightly different focus than below.

The term Product/Market Fit was coined by Marc Andreesen back in 2007 and it’s been a key goal for any new product or startup ever since. But like any buzzword, it is often oversimplified and misunderstood.

For the next month I am spending as much time as possible addressing #3:

While each company and product is obviously different, this is a framework covering the universal conditions and patterns that have to hold true to achieve product/market fit. Each layer in the pyramid is a key hypothesis that you need to get right in order to build the next layer and ultimately achieve product/market fit.

1. Target Customer – who are we trying to create value for?
2. Underserved Needs – for that target customer, what are their needs?
3. Value Proposition – your hypotheses about which customer needs your product addresses, how the customer benefits from your product, and how you meet their needs better than other products
4. Feature Set – the functionality that conveys those benefits to the customer
5. User Experience – what the customer interacts with in order receive the benefits

Taken together, the first two layers – target customer and underserved needs – are the market. You don’t control the market – you can choose which customers and needs to target but you can’t change those needs. What you do control are the decisions you make at the next three layers in the pyramid – the product.

Mastering the Problem Space for Product/Market Fit by Dan Olsen