Ollie's Journal

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Have Idea? Can’t Execute? Find a Technical co-Founder!

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I heard this a lot from people who want to start their own digital startup:  “Ollie, I have ideas, but I can’t do programming. I can’t execute my ideas!”

The answer is simple: collaborate! Find a technical co-founder. Where to find them? Go to networking events for IT people. One of them is #StartupLokal meetup that we run  every month. Info of our next events would be in http://startuplokal.org and twitter @startuplokal stay tune!

Here are points from http://startupgenome.cc/

  • Solo founders take 3.6x longer to reach scale stage compared to a founding team of 2 and they are 2.3x less likely to pivot.
  • Business-heavy founding teams are 6.2x more likely to successfully scale with sales driven startups than with product centric startups.
  • Technical-heavy founding teams are 3.3x more likely to successfully scale with product-centric startups with no network effects than with product-centric startups that have network effects.
  • Balanced teams with one technical founder and one business founder raise 30% more money, have 2.9x more user growth and are 19% less likely to scale prematurely than technical or business-heavy founding teams.
  • Most successful founders are driven by impact rather than experience or money.

Inspired and copied from @nataliardianto‘s email :))

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4 Comments

  1. Ayi Intan

    Huaaa Mbak Olliie…baca bukumu saja bikin rasanya aku dekat denganmu, kamu lucuuu soalnya…ajarin donk aku pengen start up niiih. Aku mau coba online setelah bisnisku sebelumnya yang offline abis…trus pindah tutup deeeeh.Ayo kasih aku link-link ya saaay

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