Last week I went to an event hosted by Consid called QRendesvouz, which is an event for women in tech.

Skärmavbild 2017-10-06 kl. 13.42.18

We got to listen to Female Danish Entrepreneur, Lisbeth Chawes. She had a lot of inspiring stories and was telling us how she succeeded as a female entrepreneur and what the challenges and main goals are. She started off her talk by telling us about where she grew up and how her journey started. Her parents owned a hotel out in a quiet area in Denmark and her parents had trouble attracting customers when it was rainy because the hotel was known for its outdoor views and activities. Then she went on to tell us about how helping her parents solving this problem made her want to go out into the real world to solve other problems. She was saying that she had gotten an investor to invest in her musicstreaming start-up, which was going to launch just after Spotify had just launched. She understood that she would not stand a chance against Spotify, so what she decided to do was PIVOT.

Despite the setback, Lisbeth decided not to give up and to continue and the message she was trying to convey was that the way to survive in todays businessworld is being adaptable to change. You have new unimaginable competitors today that you never had to consider before. In order to become a successful entrepreneur you have to have this mindset and be able to adjust to new competitors and customers.

She also talked about the difficulties of being a women in the tech-entrepreneurial world and how you have to prove yourself more than most men. Which made me think about what our guest lecturer Leyla Avzel, who also talked about not being perceived as credible as most older men. Both of these women made me believe that someone like me, should believe more in myself even though I am not actually taught to do that and that my input can be just as valuable.

What I have learned is that hard work, creativity and the ability to learn fast are key features in an entrepreneur and all of those things are genderless and is not something you are born with.

Sometimes courses have different learning outcomes, and what this course has done for me is inspired me and motivated me to aim higher than I had before. You don’t have to fit into a box to be a leader/entrepreneur and that is very evident after attending these events and taking this course

 

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Thank you for taking the time to read my post

 

Adelina Tahiri

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During this course we have talked about the importance of mentors and learning from others mistakes in order to avoid making the same mistakes and by doing so save for example time and money.  Getting a real mentor is one option but there are also a lot of resources on the web that could work as a good supplement.

A while ago Timmy Rosendal wrote about a podcast app from a Swedish startup called Acast (http://intopreneur.com/?p=4462).  This made me think of a podcast I have listen to and think is interesting. It is called Entrepreneur On Fire https://www.eofire.com/podcast/.

The podcast can help keeping your entrepreneurial spirit up and is a way to learn from other entrepreneur’s journeys, both their mistakes and what they recommend. If you do not have anything to listen to on your way to work or school, you could give this podcast a try 🙂

Since we are going to create a video about our venture idea it could be interesting to see how other people try to sell their ideas. Here is Entrepreneur On Fire’s video.

Do you have any podcasts you would like to recommend?

Johan Wikström

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This week, i went to a very intersting start-up event and i wanted to share with you my experience and my learnings.

20171003_183533 HeyWork-logo__green-font

This event was called “How to succeed” and it was organized by “HeyWork”, a new startup that developed a marketplace that connects people who need somewhere to work with hosts that grants access to their homes during office hours. The founder of HeyWork “Joachim Wernersson” performed the first pitch of the night. He explained how he came up with this idea when he decided to become solo-entrepreneur one year ago and when he was feeling very lonely. Being alone was difficult and there was no social place where he could go , work and meet people.No coworking space was available at an affordable price and he came up with the idea of an airbnb for work during daytime. You can go and check their user-friendly website : https://heywork.se/

The second pitch was performed by Aleksandar Goga, one of the founder of ServiceFinder(https://ServiceFinder.se) which helps thousands of consumers find the right supplier for anything at anytime. It was motivational and engaging speech. He told us about all the difficulties and challenges he met during his life as an entrepreneur . For example after 3 years of hard work on his startup, he lost all the data because his backup system was not working well. He also said that when you are creating a new startup, every first try you make is often wrong and you have to try again, make mistakes and learn.
He strongly believes that pressure makes diamonds. He had debts, relationship problems, was lying to his relatives, but kept focus on his work and on his dream.
According to him, there are 3 important steps that can always work for anything you want to achieve in your life :
– Have a clear vision vision of what you want to do and start being crazy about it
– Set clear goals : take a piece of paper and a pen and write them down. Don’t forget to update them many times.
– Work harder then ever. Hard work is the key to achieve success.

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The third pitch was performed by Hugo Galvenius, an Analytical consultant for Google. His speech was very interesting because he shared with us many tools that Google offers and that can be really useful for people developing a new startup. He showed us how to use the following tools:

–For anyone developing or working in a Startup: https://startup.google.com/ (service and support for new startups)

–For insight and analytics, there is Google Trends: https://trends.google.es/trends/ (in order to search trends around the world)

–To market your product, you can use Adwords : https://adwords.google.com/home/

–To implement machine learning : Cloud Machine Learning APIs available on https://console.cloud.google.com/start

The last pitch was performed by Joachim, the CEO of Heywork and he focused on the importance of having the right people around you. According to him there are 5 important things to take in consideration in order to have the right people around you : Learn, Critique,Benchmark, Momentum, Encourage.
He ended his speech by saying that the low points in a startup are just unbelievably low and that’s why you always have to stay focus on your goals and keep motivated especially during the hardest times.

All these speeches were very interesting and inspiring. I learned a lot and i am looking forward to the next start-up event i will go to.

Thanks for reading.

Anouar Mabrouki

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Why am I writing this?
I am writing this post, because I think this topic is interesting for people that are reading blog posts at intopreneur.com. It is especially interesting for people that like data, programming and modelling in relation to policy/strategy making. What I will describe is also interesting for start-ups that want to specialize in this area, because it is a real niche.

Some background
I am a Master of Science student at the Delft University of Technology, faculty Technology, Policy & Management. My master is called Engineering and Policy Analysis and focuses on Modelling & Simulation and Policy & Politics. What I will describe in this blog post are things that I have learned during the first year of my master.

A summary of the main idea
The building blocks are Data, Programming, Modelling & Simulation and Results presentation. You can see the building blocks in figure 1.
You start with a large amount of data, by means of programming you clean and prepare the data. The prepared data will be used as input for your mathematical model. You simulate your model and you get results. Now it is important that you present your results nicely, so that decision makers will take over your recommendations. With this process you can turn data into information and influence decision making.

Figure 1: Main Building Blocks

Figure 1: Main Building Blocks

A comprehensive explanation of the main idea
If you are still interested, then please keep on reading. Because in this part I will go more in depth about this topic. The total process is described in figure 2. I will walk you through the figure, so that you understand what is happening. The whole process, which I described above comes down to what is shown in figure 2. This is called “Data Driven Hybrid Modelling & Simulation”.

Figure 2: Data Driven Hybrid Modelling & Simulation

Figure 2: Data Driven Hybrid Modelling & Simulation

  • System data –> In our world we are generating more and more data. This can be real time data or static data. The problem is that most of this data is not turned into information. With the process I describe here, the data becomes useful.
  • Programming 1 –> The generated data is most likely messy and cannot be used directly for modelling. The data first need to be analysed, cleaned and prepared. This can be done by means of programming. In essence you create a new data set, which is called usable data. The analyst then can decide which of the usable data will be used as input for the modelling and simulation part.
  • (Exploratory) Modelling & Simulation –> The usable data is prepared and can be used for modelling. However, what do I mean with modelling? With modelling, you recreate a part of a system. For example, the European freight infrastructure or the spread of infectious diseases. With simulation you simulate your model and you try to detect what might happen over time. In essence you can explore the future. The three main modelling branches are: System Dynamics (aggregated modelling), Discrete Event Simulation (dis-aggregated modelling) and Agent Based Modelling (dis-aggregated modelling). Until today these branches are operating individually. However, there is a need for Hybrid Modelling, in essence combining all these techniques. This is something that will emerge in the coming years.
  • Programming 2 –> Now you have your results from the models you build. The output data need to be organised and stored in a database.
  • Model data –> You went from system data to model data, or actually real information that can be used for decision making.
  • Reporting –> This is maybe the most important part, because if you cannot report and present your results nicely to decision makers, they will not be convinced about your recommendations.

In the end your recommendations as policy/strategy analyst should enrich and improve the decision making process. Nowadays, managers and policy makers base a lot of decisions on qualitative reasoning, which is good up until a certain point. By adding the quantitative component, which I described in this blog post, it is likely to assume that decision making becomes better and this leads to sustainable strategies and policies.

Why have I told you this?
The process as described in figure 2 is not yet reality. There is still a lot of work required to make this happen. However, there is a strong need in the business field for informed decision making, based on quantitative methods. I think talented people, with good analytical skills can set-up a profitable start-up in this business area. If you are interested, you can contact me and I can bring you in contact with the department of Technology, Policy and Management from the Delft University of Technology.

Thank you for reading!

Regards,
Menno Koens

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Trello is one of my favorite online project management tools. I use it for my daily tasks, organizing school projects and at work. SUP46, Start-up people of Sweden, hosted an event in Stockholm were Justin Gallagher, VP of Product, shared Trello’s success story, tricks, and tips for Trello users and various user stories.

trello-logo-blue

But what is Trello exactly?

Trello describes their application as an easy, free, flexible, and visual way to manage projects and organize anything, trusted by millions of people from all over the world.

Originally, Trello was developed at Fog Creek Software. Fog Creek has developed applications like FogBugz, Stack Overflow, and Glitch. At Fog Creek, there are regular Creek Weeks, where the people at the company explore potential products for the future. A prototype of Trello was created to solve high-level planning issues inspired by Kanban, Scrum and multiple numbers of sticky notes. In January 2011 the idea was pitched. Shortly later,  a full-time development of the application began.

In the summer of 2012, Trello had reached 500.000 members and launched the Trello Android app. In July 2014, Trello became Trello, Inc., and spins off from Fog Creek. At that period Trello had over 4.75 million users. In May 2015, Trello decided to go international for Brazil, Germany, and Spain by offering Trello in multiple languages. In early 2017, Trello was acquired by Atlassian and today, Trello has more than 25 million users all over the world. Trello’s today’s goal is to create value for 100 million of users.

Justin made a point on what the Trello team had learned over these six past years. What makes teams successful in achieving its goal?

The first thing Justin mentioned is that the key to team success is empathy. It is important for a company like Trello to be effective working in teams where their goal is to create an efficient project management tool for individuals and teams. He pointed out a Google research, Project Aristotle, that gathered several of Google’s best and brightest to help the organization codify the secrets to team effectiveness. Google assumed that if they gathered the best people in the field, it would sum up to create the perfect team. Google’s people analytics manager, Julia Rozovsky, then stated: “We were dead wrong.”

Google’s result in Project Aristotle supports Justin’s statement on team success. Google found a research by psychologists and sociologist that focused on the term that is known as “group norms.” When teams gather there are these unwritten rules that make teams function as they do. These standards are the team’s traditions and behavior when they work together. These group norms can be openly acknowledged or unspoken by the team.

As described in this article in The New York Times, it wasn’t until Google started considering some intangibles that things began to fall into place. The results of these team norms are often robust. The teams at Trello spend a good time creating those team norms and empathy.

The second thing Justin talked about is how important communications are. Today, most of Trello’s employees work remotely. In the beginning, all the staff worked at the same place, in their central office in New York. But then one employee wanted to move to be closer to his family. The Trello team did not want to lose this employee, so they started to test the option to work remotely. More people joined the team remotely. Part of the company was therefore located in New York while other members were all over the world. Having productive meetings were half of the people are in a conference room and the other half is on a video call is not an easy thing to maintain. Trello, therefore, decided that all of their communications should be remote. Although three members of a planned meeting are at the office, they all attend the meeting remotely. When Trello is hiring new people, they do it remotely to test how people function in a remote working environment. But still, the primary challenge in this remote communication is that not all connections are equal due to a different technology.

Lastly, Justin talked about that collaboration tools are a social place. They create social value for the teams and active workplace environment. Dogfooding is also a phrase that Trello uses. “Eating your own dog food” or “dogfooding” means that developers use their software that they develop to work out bugs and generate new solutions. Trello uses, therefore, their application for their project management to create Trello. It is easier to see the flaws and how they would create better value for their users by using it as their management tool. Examples of other tools that Trello uses are for example Strive for the chat, appear.in for video calls and zoom for larger group calls.  

In the end, Justin explained that there is no correct way to use Trello. The goal is to have it simple and easy to learn. The user should use the application to customize a personal Trello board and use in whatever way he or she wants.

There are a million ways to use Trello. If you have not already tried Trello, I recommend you check it out!

 

– Thorhildur Thorleiksdottir

 

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Gerrard street is a company which sells headphones, but the buying process is a bit different then you are used to. Instead of buying the headphone, you have to pay a monthly fee. The first step is to order the headphone online and it will be delivered at your home. If your headphone get any damage, for example a cable which is broken, you can send the headphone back and they will replace the item which has been broken down. This way the customer buys the an expensive good headphone for €7,50 per month (instead of €250) and if your headphone does not work, Gerrard street will fix your phone without extra costs. It is more like leasing your headphone, like Spotify or Netflix. If you do not want the headphone anymore, you can send it back to Gerrard street and they will recycle the materials for new headphones.

I thought this concept was very interesting because it will save a lot of spilled materials. The company will fix and recycle your headphone, instead of you throwing the headphone away because it does not work or you want a new one. The fact that this does not cost anything extra will motivate the customers to reuse their headphone. Besides, this leasing method is the way Gerrard street collects investors. Gerrard street just had their second Kickstarter campaign for their wireless headphone.

 

For more information: https://gerrardst.nl/faq/#1460300489107-30f3dbe6-110f

 

gerrard street

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Hello everyone!

I’ve tried a podcast app from a Swedish startup called Acast. Their idea is to be more comprehensive than its competitors by making an app that works for both listeners, podcast creators and advertisers.

I listen a lot to podcasts and uses an app for android that is sufficient but not the best app I’ve used. I’ve find it hard to find a good podcast app for android, and therefore I was very excited to try this new one out. There are two main things that are different when I compare them with other android apps I’ve used before. Firstly, the design looks better and it is very appealing to look at. Secondly, the app suggests podcasts to you that are related to the ones you already listen to. You can also see which podcasts are trending or what people nearby are listening to. One last thing is that it is easy to use on several platforms, which I’ve had not experienced with other applications I’ve tried.

The negative aspects of Acast is that it did not have all the podcasts I am listening to now, which was disappointing. Also, you cannot fast forward a few seconds without unlocking your phone, which is a feature I really appreciate with my current podcast app.

So to summarize, I think that Acast has a great potential to become a really good podcast app, for listeners at least. It would be interesting to hear from advertisers and podcast creators how they think, to see if they succeed to do a more comprehensive app. To improve, they should expand their content and make it possible to fast forward and rewind without going into the app itself.

/Timmy Rosendal

Skärmklipp

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Two days ago I went with Timo Bunk to Europe’s largest event for startups. It takes place the first Monday of each month in the Hiltion Stockholm Slussen Hotel. Usually, three lucky startups pitch a special guest live on stage and the audience chooses which startup joins the investor for dinner afterwards. On Monday evening only two startups presented their pitches. I want to write about my impressions in general and also about the two pitches.

In the first hour the investment companies (Draper Esprit, Wellstreet) have been interviewed. That was not so interesting for me. In my opinion the focus should be on the startups. That’s the reason why I just want to say some general information about them in two sentences. Since 2016, Draper Esprit has raised over $1B to become one of the biggest and most active investors in Europe. Starting less than 2 years ago, Wellstreet has already made 36 investments making them one of the Scandinavia’s newest and also most active investors in seed and early stage startups. Now I want to present the two pitches.

  1. Pitch – Live Shop

Live Shop enables the in-store experience online by bringing the power of real people to companies’ websites. They believe that nothing is stronger than the personal meeting because it leaves no room for misunderstandings. The applications allows companies to enable a personal meeting with their customers, look what are you talking about, drag and drop interactive objects on the screen and to take things step by step forward. They are also able to analyze the data before, during, and after the video-call (http://www.liveshop.se/).

The investors criticize the technical aspects and problems regarding to such a solution (plug-in, software, live streaming). Moreover there are many competitors on the market, which are offering identical products. I have also heard form solution like that before and there seems to be nothing which differentiated them from other alternatives. They also did not mention their selected target customer segments. That was my first impression but for a comprehensive and differentiated evaluation of the application I need more information.

 

  1. Pitch – Valossa (Video Artificial Intelligence)

The second startup built video artificial intelligence. That means, that they created a system that understand videos like people do. It recognizes faces, it identifies objects and places and it listens to the dialog and audio, so that it can actually tell you what your videos are about. That means it extracts and analyzes information from multiple information pipelines. This creates comprehensive interpretation of key elements in the video. Moreover it categorize the video in different segments. So the system automatically extract a lot of data on your video content that was not reachable before. In the past it was a manual task. Now you can use the software to improve discovery and recommendations of videos, or it allows advertiser to target moments in videoclibs that are more relevant to their products and services. They provide their service to media entertainment companies and the advertisement side as well (https://valossa.com/).

If you ask me the idea seems to be great because it can used for several things. For example, Netflix can analyze in more detailed way what kind of movies you like to watch. Also in sport it can be used to analyze tactics and how successful they are. So it open-up wide fields of applications.

With a clear majority the audience chooses the second startup (Valossa) as the winner. For me it is also a well-deserved winner.

On Monday I learned how difficult it is to present your own idea in such a short time and convince the audience. The startups have to pay attention to several things and be prepared for several questions. To summarize, the event was a great experience because I learned a lot for the future.

 

IMG-20171004-WA0000

 

Additional Information:

  1. Next #STHLMTECH Meetup: 6. November
  2. Startup Matchmaking (Find your co-founder, build your team, or join a startup): October 16 ->Tickets link: www.eurpo.com
  3. Stockholm Innovation Scholarship: innovationsstipendiet.se
  4. Interesting article: Why Does Sweden Have So Many Start-Ups? (https://www.theatlantic.com/business/archive/2017/09/sweden-startups/541413/)

 

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I am not writing about a start up but about an important bank and insurance firm, Groupama. They have 32600 employees in 11 countries, mostly in France.

Be honest, few of our generation dream about working in a bank. Young talents want to work for start-up style big companies like Google. But this bank needs new talents and want to find an innovative way to recruit entrepreneurial talents, not just people wanting to make money.

To change their image and the profile of candidates, they have changed their recruitment system. Instead of the usual meeting with HR head, candidates meet together at an escape game.

Wikipedia Definition : An escape room is a physical adventure game in which players solve a series of puzzles using clues, hints and strategy to complete the objectives at hand. Players are given a set time limit to unveil the secret plot which is hidden within the rooms.  Games are set in a variety of fictional locations, such as prison cells, dungeons and space stations, and are popular as team building exercises.

For 60 minutes, 10 candidates will try together to get out of the room. Depending of the session, a HR employee will be hidden in the master game room or will play with the candidates. They will be graded on their nature, group work appetence, strengths, weaknesses.

Personally, I love escape games so I would very much enjoy such a recruitment session. And that advertising on escape game made me look at jobs offer in that firm. In fact, in those games, your true nature is revealed because you are under stress during one hour. You can see who follows intuition, who is strategic, who is easily adaptable.

For example, it’s not that easy to take the leadership in such a situation, with people who don’t know each other very well and are under stress ; it is however an important role for someone to assume to ensure the success of the session. Anyone who manage to obtain this role, by natural authority, a vote, or whatever else, will prove (s)he has a strong managing potential.

So if you are truly competent, you will be hired whatever your experience or your diploma.

 

What about you ? Is the recruitment process important when you are applying for a firm ?

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Today i went with Estanislao to Södermalm because i found an event in Facebook called “How to succed”.  It had the same structure as other events i went before speech-speech-speech-free beer, so at the end i had the chance to talk with people about their own ventures and with the event managers. The event was organised by HEY WORK a new startup, they are nice people as i saw so let´s  make some publicity  https://heywork.se/ their idea is Turning homes into affordable and social coworking spaces during the day.

 

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Anyway let´s get into the speeches. First Aleksandar Goga from Servicefinder.com talked about how was his experience building this company who apparently just sold it for 300 million. His speech was about Vision, Goals and work  HARD. Followed by him, Hugo Galvenius from GOOGLE talked about innovation in this top company. He expoused some really interesting software that google is developing for free, emphasizing how useful are those tools for new startups such as:

https://startup.google.com/ (service and support for new startups)

https://trends.google.es/trends/ ( search trends around the world)

https://adwords.google.com/home/ (Conect advertisement with Words)images

https://console.cloud.google.com/start (machine learning software)

Captura

I really recommend to take a look on them.

it was nice to find Anouar there!

Félix Campos.

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