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Growing Your Own
Start-Up
Todd Fabacher
Who am I?
Industrial Engineer
Where I have lived
My Start-Ups
..#1 in the World for 15 Years..
Why am I here?
To tell you a story of how a
city used
IT + education
to become the
#1 start-up city
in America
1,200,000
New Orleans
230,000
Funding
Mentorship
Talent
Education
Location
& Events
Incubation
Start-Up
Ecosystem
1,100,000
startupgenome.com
Why Armenia?
The People
Your Start-Up
1. Idea & Trends
2. Design & Tools
3. Development
4. Money and Profit
5. Marketing
Starts
with an
Idea
1st 2nd
?
47.37%Odds for Red
0.0047%
Odds to create another Social Site
Know your Competition
Find the Niche
Start-Up Trends
1. CMS Systems
2. Games
3. Multi Devices
4. Apps
5. SaaS
1. CMS Systems
Why are CMS good?
● Frameworks
● Marketplace
● Themes / Plugins
● Large Customer Base
● Open Source
2. Games2. Games
3. Multi Devices
4. Apps
Armenian Cloud
5. SaaS
Design
Native Apps
Language?
C
Java .NetOthers
Native Alternatives?
Web Apps
Great Tools
Great Tools
Development
YOU
YOU
How to get help?
Find other freelancers?
Where to get help?
What areas do you need help?
YOUR TEAM
Global
Female
Mixed Abilities
Project Management
Scope
Focus
Experience Tips
1. Don't over-design applications
2. You are not the best programmer
-- Live with it!
3. Learn to learn more
4. Document your code
5. Test, Test, Test
Experience Tips
6. Patience is definitely a virtue
7. Beware the know-it-all, possessive
coder, and the inexperienced coder
8. Celebrate every success
9. Deliver polish over features
10. Software is never finished
How to Make
Advertising
& Sponsors
Advertising
& Sponsors
$236,000
Native App
Sell Upgrade
In App Purchase
Advertising
App Store Sales
App Income
"App Store is a
Channel, not a
business"
-Todd Fabacher
2. Subscribers
Web App Income
Consumer = $6.99
Business = $29.99
per month
Subscribers
2,000
Web App Income
Consumer = $13,980
Business = $59,980
per month
Income from
Different Areas
ContractBusiness Consumer
Save This
Heartbeat Income
The Death Chair
Marketing
What about Social Media?
Content Marketing
Blogging
Blogging
1. Improves Communication
2. Crystalize Thoughts
3. Feedback on Ideas
4. Forces Learning
5. Create More Content
Advertising
..Targeted Only..
$5,000 - Page per month
Marketing Tips
1. Customers determine your priority
2. Focus on your customers and
the money will follow
3. Word of mouth = $$$
4. It is a numbers game
5. Patience, success takes time
中
國
Don't Just Look West
1990
1996
2010
520
Million
200
Million
140
Million
140
Million
China
USA
Growth2015Online Shoppers
Շնորհակալություն
Todd Fabacher
toddf@itechnology.am

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Growing Your Own Start -Up in Armenia [BarCamp Yerevan 2013]