Founder Institute Phonejoy Mentor Presentation on Hiring, Founders and Advisers

Post on 18-Nov-2014

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This is my deck from a mentor session at the Funder Institute's Hong Kong chapter from July 28, 2014. Since my slides are not very descriptive let me elaborate my talking points in this SlideShare's description. Overview Slide 2-18: About Phonejoy Slide 2-8: Covers the early concept stage (2011), market discovery, the problem, to creation of MVP with friend, colleague and later co-founder Alexander Moroz (Phonejoy Analog, Slide 8, in 2011/2012) to Full Product of the Phonejoy controller in 2013/2014. Slide 9-12: Product overview Expandable, patented Bluetooth game controller for smartphones with its own app on iOS and Android. Slide 13 Raised successfully some money on Kickstarter and through Angels. Slide 14 A lot of press coverage. Slide 15-16 Full production by late 2013, early 2014 with retail presence in stores like HMV (Hong Kong/Singapore) as well as Amazon (US), Newegg (US), eBay, and many more. Slide 17 Honored by Hong Kong Internet Society as Startup Of The Year 2014. Got to present product to C.Y. Leung. Slide 18 Lot of internal and external problems. Led to me resigning from company day-to-day business as unable to manage the company in its state. Slide 19 Wordcloud of some of the challenges we were facing, and why today's topic of hiring and finding co-founders, key employees and advisers matters to every tech startup. Slide 20 Ideal Founding Team more in comments Slide 21 Hiring and Retaining Your Employees more in comments Slide 22 Finding Advisors more in comments Slide 23 Categorising Advisors and Advice more in comments

Transcript of Founder Institute Phonejoy Mentor Presentation on Hiring, Founders and Advisers

phonejoy.com martin@phonejoy.com @kesslerhk

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Phonejoy Intro & Lessons for Hiring & Advisers

July 28, 2014 Founder Institute Hong Kong Martin Kessler, Founder of Phonejoy

phonejoy.com martin@phonejoy.com @kesslerhk

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Pearl River Delta

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phonejoy.com martin@phonejoy.com @kesslerhk

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Market Discovery.

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Thumbs Block Screen

Lack of Accuracy

No Tactile Feedback

Uncomfortable Hold5

TOUCH CONTROLS LIMIT MOBILE GAMING

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Challenge Accepted!

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Making.

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Testing the Market Fit.

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1

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PATENTED INVENTION

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3

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Perfect Hold

Unmatched Precision

Handsfree ViewFast Action

Complete Physical Feedback

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>1,200 SUPPORTERS - US$75,000+ RAISED

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US$850,000 FUNDING

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I am pretty impressed with this device. I have a lot of high hopes for this.

— Adam Najberg. WSJ Editor

Phonejoy offers a slick UI “”

On my Sony PlayStation Vita, but there just aren’t enough games I’m interested in. And I’d love to do more gaming on my iPhone or Android handsets, but I still long for physical controls despite years of having gotten used to touch. PhoneJoy’s new Play controller is a blend of both those worlds.

”— Darrel Etherington, Editor TechCrunch

Phonejoy is working on a unique game controller that turns mobile phones into portable game consoles.

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Challenges

Finding Advice

Budgeting / Cashflow

Product-Market Fit

Investor Relations

Fundraising

Managing a Consumer Product Supply Chain

B2B Sales as a Startup

Ideal Founder Team

Hiring the Right People

Product Development Delays

Marketing A Premium Product On A Low Budget

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Founder TeamDreamteam

Hustler

Hacker Hipster

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Startup Hiring Done Right

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Advisors

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Adviser Roles by Steve Blank “The Startup Manual”

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Thank you!