We decided this time to talk to one of the residents of CODE_n SPACES about a topic that many find fascinating, especially in the world of business startups: pivoting! The term “pivoting” originates from the lean startup thinking of Eric Ries. It’s used to describe what happens when a business model has to be completely overhauled and everything goes in a new strategic direction. It’s based on the Build-Measure-Learn method and the idea is that a startup applies lean techniques to radically evolve its business model and address actual market needs and customer requirements. It’s not uncommon for customer feedback, testing, the competitive set, or some overall shift in the market to force business founders to throw out their original idea – just to identify a business model that actually will return a profit. And why not? How often is the first attempt at something right on the mark?
Long gone are the days when entrepreneurs would start their business right in their hometown. Nowadays, the financial, social and digital advantages that each city can offer to startups have become a lot more important. Since founders often have the agony of choice when searching for a suitable place, we like to take a closer look at cities with promising startup hubs worldwide in a regular basis to determine their pros and cons.
Today we catch up with a really exciting technology startup which has been a member of the CODE_n community since 2013: EcoChain from lovely Amsterdam! EcoChain embarked on its journey with CODE_n as a finalist of the global startup CODE_n CONTEST. Its motto was “smart solutions for global challenges” and in keeping with this idea, EcoChain pitched a business model with every intention of changing the world. Its idea revolved around a new and innovative life cycle analysis method that would enable companies to maintain a sustainable supply chain.
While smart factories and smart homes are slowly becoming everyday life, technology has also entered the food industry. But what’s awaiting us? How will the restaurant industry look like in the near future and how will technology affect our nutrition? Take a look at the food trends 2017 – and discover how this industry and restaurants will be transformed by digitization!
Today we catch up with CODE_n Alumnus and Industry 4.0 (smart factories/connected manufacturing) startup Evercam. The founders Marco and Vinnie embarked on their business idea in 2010 by filming construction projects in Berlin. Much has happened since then. They’ve relocated to the capital of Ireland and now work in partnership with Lensmen, a leading player in the Irish photography and videography market. The startup is gaining success providing a monitoring software platform for the worldwide construction industry.
If you don’t think of Dublin as a good city for startups, you should change your mind quickly. The capital city of Ireland is ranked among the top ten cities in Europe for startups – and this is not without good reason! Dublin is like a bridge between the US and Europe and offers a lot of possibilities to start a business. Already more than 1,200 startups figured this out, including sectors like FinTech, EdTech and HealthTech. Surrounded by influential tech firms like Google, Facebook, Twitter and Amazon, Dublin is an attractive location to get off to a flying start with a new successful business. So let us discover the strengths, weaknesses and special powers of Dublin as a tech startup hub!
Yes we can! Just do it! When you are sitting at your desk without traction, this is what Barack Obama and Shia LaBeouf would probably tell you. To boost your motivation, you can either play their videos in an infinite loop in your office – or become your own motivation master! Because tackling big challenges and pushing through laborious projects can be easy if you know the right motivation hacks. Read on for 5 bullet-proof motivation tips every entrepreneur should know!
The fact that you are reading this shows it: you know the importance of a good pitch! In the world of digital startups, it can easily be the difference between millions of dollars and not a single one. But you might also know: there are as many tips on perfect startup pitches as people who once did one. We want to help you find out the right ingredients for your pitch to convince every investor. Read on for the most crucial tips for your cake base plus those small but very important things that put the icing on the cake of your pitch!