Category Archives: networking

The Problem Interview

These series of guest posts are written by the teams attending the Tetuan Valley Startup School 2013 Spring edition. This post is from the Rollcard team, formed by Javier Olaguibel and Guillermo Aguirre de Cárcer.

Problem Interview

The problem interview is the first step you should take in order to know if what you are trying to solve is something marketable or just a pain in your own neck, and if the risks (market, product and client) make your idea impossible to fulfill. Our experience with these interviews has shown that there is something that makes them even more important: the fact that it’s the first contact you have with potential clients.

For the first interview you are almost certainly going to know someone who you can interview, or if not, one of your friends or family members will know and give you the contact. It’s important in this interview to connect with the other person so that he doesn’t feel like you’re wasting his time. After the meeting he can put you in touch with colleagues of his (more potential clients for you to interview). From what we’ve seen, the easiest way to get someone to sit down in a meeting with you is when you call him on behalf of someone he already knows; it’s like having a certificate that says “what I have to say may be interesting for you.”

When we started doing these interviews, we tended to make very closed questions which basically leads the people to just end up telling you what you want them to tell you, which isn’t so useful. It’s very important to understand that this is not an interview to talk about yourself and your product (at least not until the very end of the interview), it has to be about the person you are interviewing and his problems. People love to talk about what they do and the problems they have doing it, so take advantage of that.

What has worked best for us is to take a list of things that we want to know, but ask them as open questions or include them casually in the discussion, and then… LISTEN. Let them talk and pay as much attention as you can to things like how they currently solve that problem, which vocabulary they use to talk about it, how do they define your product, possible suggestions they have, etc. From these conversations you can extract how to get to them (your channel), which words you have to use to get their attention (Unique Value Proposition and High Level Concept), who your real competitors are, and much more.

At the end, if you succeed in making the interviewee feel like he has contributed to the result of the product he will be much more interested in becoming a real client once you’ve hit the market. Finish the meeting asking permission to call him back once you’ve finished the product to meet again and show him a real demo. If he agrees it means you have at least gotten his attention, which is the first step towards selling, all while validating your business model in the real world.

Startup Spain Angel School #2 – Reloaded! 22nd March #StartSpain

Friends, Tetuanees, Countrymen! Lend me your ears!

At the beginning of February we launched the first edition of Startup Spain Angel School, with a lot of buzz on the media. Our goal was to brain-wash them wallet-holders and get them all crazy about investing in the next generation of entrepreneurs in Spain. And it worked! But you know how this things work. Lots of cool startups are looking for funds, so we want to help prepare more Business Angels to support them! Therefore we’re launching a 2nd edition of Startup Spain Angel School, the one day bootcamp for potential angel investors to learn how to squander their fortunes by getting into internet startups.

Now seriously. Today, none can deny we’re living in a digital revolution. This is the time to build the future standards of information and communication technologies. And either we make an all-in now, or we’re going to be dropped behind for ages.

The Tetuan Valley Crew has been promoting entrepreneurship, investing and facilitating venture capital deal over the past 4 years, launching the first pre-accelerator program and the first Pan-European accelerator. We’re absolutely committed with relaunching Spain and we’re on a quest of Death or Glory for it. And we’re not alone, an awesome vibrant entrepreneurial community stands behind us, most of the top investors in Spain do aswel, and last but not least we have affiliated with Kauffman Foundation (ultimate global organization in entrepreneurship research and promotion) as part of their Global Partner Network.

Our colleagues at Madrid Emprende have decided to back us in this project, hosting it in their awesome facilities at Madrid International Lab.

The first edition was a blockbuster. 65+ participants, top-notch guest speakers and startups. But the 2nd… it’s gonna be even cooler. Ran by the Tetuan Valley Squad Team, it will offer precious insights into the process of investing in internet startups to investors throughout Spain.

This edition will also count with fantastic guest speakers. Investors such as: : Jose Miguel Herrero (Big Sur Ventures & La Netro), Mario López de Ávila (Nodos en la Red), Iñaki Arrola (Vitamina K & Coches.com) and Gerardo Morales (Canary Venture Partners & SODECAN). Entrepreneurs such as: Antonio Sáez (Gigas), Francisco Javier López (Timpik),  Vaibhav Puri (Taggito), Mariano Torrecilla (Linkovery). And pitching startups: Zoomry (Byron Stanford), DoctorDoctor (Matthieu Heusch), and Arbitratio (Guillermo Vicandi

From the creators of Tetuan Valley Startup School:

Startup Spain Angel School

When? 22nd March 2012, 9.30 am – 6.30 pm

Where? Madrid International Lab, c/ Bailen 41, 28005 – Madrid

How? Sign up here

Who? Program by Okuri Ventures, sponsored by Madrid Emprende

Why? You might make a fortune while investing in the internet startups, and change the world while you’re at it

Mooore info

If you’re interested in learning more about our next fund and would consider investing, write us to: nast [at] startupspain [dot] com

If you want more info check out: StartupSpain.com

And if you want to keep keep up to date on programs, events, gossips and poker nights for Business Angels and Investors sign up here: bit.ly/AngelNews

 

“How to love and handle your customers?” @DavidBastida – Okuri Talks

Hey, hey, hey, friends!

Did you ever feel like killing one of your customers? Or you’re overwhelmed with emails and calls and have a terrible need to set a better system to manage your users? How do you set priorities in your to enhance your users’ experience?

For entrepreneurs is a MUST to learn how to run the most efficient communications and projects a secure and solid image. David Bastida is serial (or a parallel) entrepreneur, with huuuuugeee experience in customer care and management. He’s gonna give an Okuri Talk this Wednesday and teach assistants all his best hacks for corporate communication.

Don’t miss it! It’s gonna be uber-enriching… and, David is a super-nice guy, so I’m sure we’re gonna have lots of fun too.

Hope to see you around that day!

Best,

@StartupJedi

@StartSpain #AngelSchool: 101 Investing in Internet Startups (Powered by @Zoomry)

Howdy friends!

Nast Marrero, here! Last week we launched Startup Spain‘s first program: the Angel School. Our take is: it’s been a great beginning for Startup Spain. We had more than 60 attendees of which more than 2/3 were potential investors.

This is an unusually large display of interest in the Spanish investment arena, where most events see no more than 20 or some participants maximum. Mentoring Angel Investors to better navigate their deal analysis is a keystone in fostering ITC startups in Spain. The program was a real marathon: 10+ hours of training (don´t worry we let them stop for lunch ;) . Thankfully, our first group of graduates proved to be up to the challenge, taking advantage of all the different elements of the day.

Missing from the program were the typical made-up miracle cures and formulas. We strived to keep the content practical, following the Tetuan Valley Way with hands-on exercises and significant mentors’ experiences

The event was hosted @ the awesome facilities of Madrid International Lab and kicked off by Iñaki Ortega, Director of Madrid Emprende, and one of the main forces behind Startup Spain. In his opening speech, Iñaki brought up the importance of joining private and public efforts to facilitate and develop entrepreneurial activity, and the key role those efforts will play in the long-run global competitiveness of Spain.

Two roundtables with rockstar speakers cherry-topped the program: one from Investors already Angel Investing and another from Entrepreneurs. Each of them gave invaluable insights on what it is they look for, value, and ask during an early stage investment.

The investors’ roundtable was moderated by our very own Alex Barrera (co-founder of Tetuan Valley & CEO of Press42), and formed by:

On the other corner, moderated by Ricardo Fernandez (director of Step One Spain), the entrepreneurs’ roundtable formed by:

Both roundtables aimed to give participants a overview of the ecosystem, showcasing startups from their seed stage through founders that have already made an exit, with similar ranges of experiences coming from the Angel investors, from managers that were just launching their first investment through those who have been in the game for a while.

Given the success and the of the program and the importance we place on such event to foster investment culture we’re already iterating on the feedback from the first event to run a LEGENDARY second edition of Startup Spain Angel School on March 22nd. Wanna get your tickets? Check here!

We had the pleasure of following all the twitter interactions of the event through Zoomry, now in it´s beta stage. The product is awesome and if you check #AngelSchool Social Media @ AngelSchool.Zoomry.com… You can see for yourself they’re up to something big!

You might want to check the slides of our presentations in our slideshare or check the pictures in our flickr group.

Thank you for reading… Bestest!

#DatingStartups aftermath! Über-powered by @Zoomry

Good moooorning Tetuan!

@StartupJedi here! Today tons and tons of news and breaking ones. First of all were on the COVER of OnMadrid (El País)… How coooool is that?! @jmcobian and @Timpik_com‘s Camilo rocking the news! As I told you previously, last Wednesday we had an awesome night of romance at Okuri Spaces: Speed-Dating Startups (#datingstartups). Around 60 daters showed up all well dressed and perfumed looking for their co-founding soulmate.

Last week, our friend Mario Lopez de Avila, was planning to set “The Bit and the Bizz” with Wayra in February to get bizz guys and bit guys acquainted, but when they caught wind of Tetuan Valley Entrepreneur Speed-Dating realized that this was no solo job. Thanks to them we all joined efforts and applicants to make this night a success. It was really heart-warming to see how a lot of friends from the startup community expressed their interest to push a common event.

#DatingStartups by Zoom

So, to the event: First of all you HAVE TO check the coolest social media summary of the event done with Zoomry’s beta. It’s maaagic! All the tweets, RTs and noise surrounding SpeedDating have been broken down, even MBAs can understand it! Check it now and here!

Cobi kickstarted the event with a lot of news about what is going on in Okuri (the Tetuan Valley mothership):

  1. Speed-Dating-Startups: this kind of events add value for everyone in the entrepreneurship ecosystem, and we are set to join-efforts with our peers to make it a common cause and tour it around our different headquarters. Next session will probably be @ Wayra‘s house
  2. Orange Wednesdays: every week there’s something awesome going on at Okuri Spaces on Wenesday evening. Next Wends 25th January 2012 – 19:00, Okuri Talk: “Emprender con Sentido” by Juan Carlos Arrese, a great StartupBootcamp mentor and executive coach that will lead on how to hone your mindset for success. Tickets here
  3. Kauffman Global Partnership Network: Okuri has been selected as inaugural partner of Kauffman’s global network. Meaning we’re in the game with the greatest organization on entrepreneurship research and support
  4. Startup Spain Angel School: with our shinny brand new logo and Madrid Emprende as four first sponsor we are launching Startup Spain Angel School: THE workshop for those people wanting to get into internet startup angel investing. It will be hosted by Madrid Emprende @ Madrid International Lab, 9th February 2012… Get more info about it
  5. Tetuan Valley Startup School VI: the most awesome program to get from idea to prototype in 6 weeks is now accepting applications for Spring 2012 edition. Sign up now!
  6. Tetuan Valley Carabanchel and Okuri Spaces: if you want to get a FREE place in our Tetuan Valley accelerator new spots just made available! (contact here). We also have a few spots left in our co-working haven (Okuri Spaces), for just 99€/month
  7. The webs of Startup Spain and Tetuan Valley are looking for web-design geniuses to perform some serious plastic surgery. If you’re up to this epic challenge… tweet us or ping us.

WOoOOOW! That was a hell of an infomercial… eeuuughh… But lets get back to yesterday’s event. There was a lot of interesting people hanging in the Hackers’ Guild. As Mario tweed:

@nodosenlared: At TV Entrepreneur Speed Dating! 94 registered, 33 Bits, 61 Bizz… Let them kiss!

;-)  #DatingStartups

We ended up with more than 60 people here! By the looks on some of their faces as they were leaving I’d say they really got their money’s worth… Actually, the event was free, but you know what I mean.

Let me mention some of the peers that have supported the event and helped us hustling it around the cloud to make it such a blockbuster:

And once again I displayed my mad photography skillzz. If you want to look at the pictures… here you are:

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So long, so long, so long! So long and thanks for all the fish!(like fish… in the sea… get it?)