Ahh, Christmas, and a little time to relax. I finally have time review my notebook and gather some thoughts from the last two months. Recently, one of the greatest events has certainly been SLUSH, the biggest startup event in Northern Europe. In this post I list some cool thoughts from my notes. I won’t do so much speculation around the thoughts. You can do it by yourself :)

So here we go!

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Wang Jian (The CTO of Alibaba)

  • The middle age among the workers of Alibaba is 25 year
  • There is no success of Alibaba, it is a success of Internet

Jens Begemann (CEO of Wooga)

  • It’s extremely hard to do a successful mobile game.
  • 100 000 games in app store. You can make in top 1000 but that’s nothing, you have to make in top 50.
  • Wooga has developed a process called ‘hit filter’. They do 40 prototypes from which ten get further to implementation. Then, seven of those get to soft launch stage. And finally, there will be 3 actual launches. Two of the launched games are expected to be hit titles.
  • Making a stopping decision is the key.
  • From stopped projects, experiences should be shared with everyone in the company.
  • Even if you are working with only one game, you should consider killing it, if it doesn’t work.

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Matias Myllyrinne (CEO at Remedy Entertainment)

  • Every new project feels like a startup
  • When have you last time done something new?
  • EXPLORE. It’s about risk, uncertainty and pleasure of figuring something out
  • Think what you want to do, watch out the market and its change.
  • Learning from Alan Wake project: FUN IS GREATER THAN INNOVATIONS
  • Open ecosystems are better than wallet gardens

Martin Lorentzon (co-founder and Chairman of Spotify)

  • In company, management and the actual idea is 30%, and finding the good/right people is 70%
  • if you have a good product of course there will be competition
  • if there is competition just run faster
  • Start a company with two people: an extrovert and an introvert

Jorma Ollila (Chairman of Royal Dutch Shell)

  • It all start with a CEO
  • Map have to be drawn by CEO
  • CEO have to be an expert of one or two of the main areas
  • Management team should consist 4-5 people (diversity and gender)
  • When a company is growing to 300-400 employees, there should be processes but also passion

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Ilkka Paananen (Supercell)

  • Culture and atmosphere are important
  • Luck is also very important
  • Own company is about enjoying life!
  • Advice nr. 1: don’t do as you been said do what is best for your company.
  • Be humble, listen to everybody but make the decisions by yourself
  • Failure have to be safe
  • Distribute the learning

Taizo son (Chairman of GungHo)

  • 90% of decisions can be fails.
  • Business is like playing a Super Mario
  • You have to experience every stage. DO NOT WARP!

Bruce Oreck (United States Ambassador to the Republic of Finland)

  • Break the rules
  • Life begins at going out from your comfort zone
  • Be unstoppable: rest when you are dead!

Mikkei Svane (Zendesk)

  • Screw the business plan (don’t do it too much)

“skate to where the puck is going to be, not where it has been” — Wayne Gretzky

  • Users are people
  • Business is people, too,
  • Don’t sell to businesses sell to people
  • THERE 99% CHANCE OF FAILURE, SO ENJOY THE JOURNEY!

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Marc Dillon (Co-Founder and COO of Jolla)

  • If you want to take your startup to new level, go to global

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Henrietta Kekäläinen (Mehackit)

  • No one skill will be sufficient for the makers of our future
  • Kids shouldn’t be consuming this world they should be making this world
  • Education is what people do to you and learning is what you do for yourself

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Leland Melvin (NASA)

  • It’s all about vision and believing to yourself
  • if we can bring people together in space, it’s possible on the earth, too
  • Don’t give up, do what you are passionate of and it will pay off

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Uli Weinberg (Director of d. school)

  • Have to think people’s needs
  • Diverse team, iterative process and variable space are the base
  • Kindergartens/schools are looking individuals, not teams
  • Educational structures are from last century

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Walter Bender (Founder of sugarOS)

  • Learning is not a service it’s something you do
  • Kids should be taking the responsibility

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Peter Vesterbacka (Rovio)

  • FunLearning
  • Creativity and innovation should be part of education and possible after FunLearning
  • Technology should be part of education and creativity

John Malloy (General partner at Bluerun ventures, Paypal investor)

  1. Mission:
    1. You are betting everything. What the hell are you doing? Why are you risking everything?
    2. It’s all about a mission, not about pitches or buzz words. Make the mission clear!
  2. Time:
    1. Job is to predict the future
    2. Wwhat are the future roadblocks?
    3. How long will it take to achieve the goals?
    4. Live in the present and in the future
    5. Leader has to bridge the time
  3. Luck:
    1. Luck is earned, luck is learned
    2. Luck is not random
    3. We take actions, get lucky!
    4. It’s never lucky, it’s difficult
    5. You have to think uniquely, learn from what you have done.
    6. It’s just hard work!

 

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Well, those were some thoughts from the speakers. Of course there was a lot of talk about other things, such as how to behave with investors and how to create a great pitch, but I think those topics need their own posts, so I will leave those later.

All in all, many speakers were emphasizing human to human interaction, importance of great people and the rapid change of the world. Learning, sharing and getting lucky were also mentioned many times. Furthermore, one interesting thing was that there seems to be a ‘fight’ between processes/discipline and fun/freedom. It’s been noticed that the world needs more freedom fun and creativity. The question is, will those notes take effect? And if yes, how the (business) world will eventually change?

Hope you get something out of these last notes of this year. I’m willing to hear what thoughts they evoke in you. So, feel free to comment or send an email about anything.

 

Now, Happy new year!