The most important lesson that I learned during my tenure as Co-Founder of eEvent, Inc

1. Lesson Learned
@EdySulistyo, COMMA
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2. Thursday, December 5, 13

3. ParkingHub
iGenerator
OW.com
DNOrganizer
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4. #1 Eat your own dog food
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5. “I don’t use it but others will” mentality
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6. Eat your own dog food means
= User
= Domain Expert
= Understand the problem
= Know the potential solution
= Passionate about the industry
= Well connected
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7. “The average and median age of U.S.-born tech
founders [> $1 million in sales, > 20 employees] was
39 years old when they started their companies.
Twice as many were older than fifty as were younger
than twenty-five.” - Hacker News
The founders of the following companies were at least 35 years old when they started:
Zipcar, Linkedin, Zynga, Twitter, Sales Force , Juniper Network, Wikipedia, GigaOm,
TechCrunch, Netflix, Mozilla, Medium, Qualcomm, and many more!
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8. #2 Add more customers, not lines of code
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9. Founder is the best sales person in the company
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10. #3 Get a lot of data
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11. #4 Only raise funding when you’re ready
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12. So when is the right time to raise some capitals?
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13. When...
•
•
Customer acquisition cost < Customer
lifetime value
You need to get commitment from investor
who happen to be the key channel
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14. #5 Raise funding from
the right investor
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15. @EdySulistyo
COMMA 11/14/2013
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