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My "Me" Moments

ENîn engleză Misc · August 10, 2013

The Phoenix Process

Up until two years ago my job meant, among other things, participating in a lot of events, meeting lots of people, talking to lots of people and, generally, consuming lots of energy by entertaining people around me. Don’t get me wrong, I loved it, but the thing is, from time to time, I would get completely burnt out.

So I needed to accept, at some point, that you can’t do everything, all the time, at the highest energy level. That you would need, from time to time, to recharge.

This is how I came over the “me” time. “Me time” is defined as a specific period of time (it can be from an hour to several days) when I am being as selfish as I can be, when I don’t care what happens in the outside world. Business or personal (family, friends, whatever). Unless something REALLY, REALLY bad happens, I will not be available for anything besides what I REALLY want to do.

And what is that, you might ask? Well, mostly playing computer games, go to movies, go on short trips (I’m more interested in the driving, not the destination). I also read books I postponed reading – SF books, mostly (btw, did you read The City and the city? great, entertaining book). Or I just walk around, thinking of stuff.

Up until two years ago (before MavenHut), I would have those moments whenever I felt like it, now I try to “schedule” them every other weekend, at least. And the thing is, my productivity goes through the roof after these “me moments”. Moreover, the best ideas I’ve had (business or otherwise) come as a result of these reflection times.

So, what’s the conclusion to an otherwise incoherent Saturday blog post?

Take some “me time”. You’ll love it :)

Photo credit

Always be Pitching, right?

ENîn engleză Misc · August 9, 2013

MavenHut meeting Holland's King

In the recent years I’ve found myself pitching a lot of times: many different projects to a lot of different people. Some pitches worked, most of them didn’t (which is not bad, it’s just the way it is, not everyone is interested in your project at the specific moment).

Some time ago, a good friend suggested I read Pitch Anything: An Innovative Method for Presenting, Persuading, and Winning the Deal, by Oren Klaff. Thanks to a short, but long overdue and needed vacation, I started to read it. Some of the quotes I found interesting in the first 50 pages are below. They explain some of those moments when I felt I lost the control of discussion while I was pitching. Basically, my frame lost the collision :)

“A frame is the instrument you use to package your power, authority, strength, information and status.”

“When you are responding ineffectively to things the other person is saying and doing, that person owns the frame, and you are being frame controlled.”

“Every social interaction is a collision of frames, and the stronger frame always wins. Frame collisions are primal.”

If you have a chance to read the book, do it (You can find it on Amazon here, for Kindle or hardcover). After all, you’re always pitching, right? :)

Also, below there’s a video of the author talking about his method (it’s an hour and 30 minutes video, just so you know):

Lifestyle Business: A Real Option

ENîn engleză Misc · August 8, 2013

Several years ago I was talking to a friend and he said that he is more interested in a lifestyle business than in “high risk, high reward” type of business. I was interested in the second one (which is, usually, about the VC backed startups – like MavenHut), while he was interested in the first type, which means growing slow, bootstrapping and taking a longer time to see either success or failure.

Most of the time, you don’t really hear too much about the lifestyle business. The most obvious that I know of is Evernote (which is more of a hybrid), but today I’ve found an interesting article on Hacker News about a lifestyle business that generates revenues of about $15 million per year from Malaysia.

I like the article, I think it underlines the most important thing about a lifestyle business: being really passionate and enjoying what you are building. Otherwise, how will you be there for the next 10-15 years?

This is important to me. I’m a lifestyle entrepreneur. Mindvalley was built around my passions – meditation, personal growth, play, culture, travel and epic interior design (our offices are magical). Having total ownership means I’m not pressured by partners, boards or investors to deliver something that I’m not passionate about.

Link to 7 Lessons from Building a Lifestyle Business

If you could choose, would you choose a lifestyle business that generates steady income, grows slow and takes a longer time to reach the valuation you want (but it might be less risky), or the VC backed business?

Sheer Panic: Way Too Familiar for a Startup Founder

ENîn engleză Misc · August 7, 2013

surface

The panic was creeping on me little by little. I was breathing through my mouth, as told, but the water was going from above my eyes back to under my neck and back again and I would feel compelled to breathe through my nose every time my head was above the water.

This is how my first ever scuba dive experience began. Sheer panic, no matter how much I tried to control it: WHY CAN’T I BREATHE THROUGH MY NOSE? After all, in my 15 years of competitive sports (handball), all I was told and forced into was to breathe-in through my nose and breathe-out through my mouth.

Looking back to that first day of diving I can compare the feeling to that of building a startup. Its life is like a sinusoid, with ups and downs and feelings of drowning and terrifying panic for the person crazy enough to try and start one.

Fortunately, though, 10 minutes later you control your the breath, even if you swallow some Mediterranean salty water from time to time. And 25 minutes later you are really surprised that you need to go back to the boat, because the lesson it’s over (Oh, so soooooon???). Of course, this is just the beginning, because dangers are close by, you are just blissfully unaware of them.

And that’s how you feel for exactly 5 minutes in startups: you have everything under control. Yeah, right!

Still, I wouldn’t trade that panic for anything else. Or, frankly, I could live with less of it…

Photo credit

MavenHut in the Romanian Press

ENîn engleză Misc · June 14, 2013

We’ve been the subject of two articles in the business press in Romania in the last 2 weeks (Biz and Business Magazin). Below are the photos that illustrated both articles (the press links are here, unfortunately Romanian only).

I am part of a really great team :D

BIZ 6 iunie

business-magazin-mavenhut-team

Unseen Perks of Being in a Startup: A King, A Flight CEO and a Comedian

ENîn engleză Misc · May 1, 2013

Everytime we talk about the reason we want to be in a startup we talk about freedom, about doing the things we want to do and so on. But lately I found out that there is another reason I like being in a startup: I get to meet people I normally wouldn’t meet, people I enjoy a lot talking to.

Just let me give you two examples (and a bonus):

1. Last week MavenHut, the startup I am a co-founder of, launched Mahjong Arena, our second game. For this, we went to The Next Web at the end of April, took a booth and launched there. And we had one surprise guest: the future (then) King of the Kingdom of The Netherlands (yeah, the king of Holland). We shook hands, we talked about the kind of games we’re building and he surprised us with some really well put questions.

image

It is the first time I am meeting royalty and chances are, if I wasn’t in a startup, I would’ve had no chance of meeting a Dutch King (especially coming from Romania). It didn’t change my life, but certainly made it fun to talk to my parents about it :D

Oh, and I asked him to help us make Solitaire Arena an Olympic sport. It can’t be done apparently, since this it is a mind game, not a physical one. Well, at least I got irefutable proof that Solitaire Arena is a mind game, in case anybody thought different.

2. About a month ago, I visited Bay Area for business. And, at one of the events, a friend told me: look, that is the CEO of Virgin Galactic. He was talking about George Whitesides and not Richard Branson, who is the founder. And, like a groupie that I am (I just read the article on Wired about them), I went to him to congratulate them for what they are doing, reinventing the flight on this planet. And, of course, he was great, he actually talked to me for several minutes and seemed to enjoy the talk.

image

And, since he was such a great guy, I did the unthinkable: I told him that, in a way, we’re doing to Solitaire what they are doing to flight: bringing it to the new century. I can’t really tell you how baffled he looked when I told him this: after all, I seemed a perfectly normal, even if a little too enthusiastic, person, not the lunatic I proved to be by telling him the following statement:

“MavenHut is reinventing Solitaire, a hundred year old or more game, with Solitaire Arena, while you are reinventing flight, that’s been done the same way in the last 100 years”, I said. He laughed, kinda approved, smiled, and changed the subject.

3. Finally, I am a big fan of Seinfeld (the TV series, in particular). And, since Jerry decided several years ago that he wouldn’t to tours anymore, I missed that boat (seeing him on stage). Until I went to Dublin last year, for Startup Bootcamp. And, in the last weekend there, I got to see Jerry Seinfeld on stage. I didn’t talk to him or anything, but it is a nice thing to be able to see the legend on stage.

image

Obviously, each of us has different “bonuses” or “perks” that we get from our own startup experience. You just need to look around you and remember that you are the sum of your experiences and hobbies, not just the business you are building :)

Are you Brazilian?

ENîn engleză Misc · April 7, 2013

imageA weird question to ask a guy who looks anything but (as in me): pale (really pale) skin, blue eyes, blonde hair, reddish beard. But this is what a waitress at Piraat pizzeria in San Francisco asked me the other day.

Fact is, about a week ago, a waiter asked me and some friends if we were Brazilians, since the language we spoke – Romanian – sounded a lot like Brazilian Portuguese.

Even with this, the initial question still was surprising, because I was alone, reading on my Kindle app on the iPhone (The Long Walk by Stephen King, great book) and I am quite sure I wasn’t reading out loud. In Romanian, which would’ve meant translating as I read from English.

Seeing my confused look, the girl said to me: “Well, the only ones that I saw eating so much ketchup with their pizzas are the Brazilians…”.

I say: “Well, I am from Romania so…”.

And, smiling, the waitress says: “You are right, we had two Romanian girls here some time ago and they ate a lot of ketchup, too…”.

We talked a little bit more, but I understood, then, how many countries send their representatives to San Francisco. Or the nice lady just wanted me to stop eating a bottle of ketchup with every small pizza I ordered… who knows?

P.S.: I like the Piraat Pizzeria. Both the place and the pizza. It feels intimate and friendly. So, in the 3 weeks I stayed in SF, I probably ate there 10 times. And that meeans a lot of ketchup :)

img source

My comfort zone is being out of my comfort zone

ENîn engleză Misc · March 3, 2013

image

I’m sure you know someone that is “doing it for the rush of it”. Where “it” can be anything from speeding to bunjee jumping and sky-diving.

Well, it hit me recently, while talking to my wonderful girlfriend (I just realized how patient and understanding she usually is): I get my “adrenaline rush” by pushing myself constantly outside of my comfort zone.

Starting with speaking in public, years and years ago, to smaller things, like telling people at Mavenhut that I have no idea what they are talking about and asking for explanations. And if you think admitting that you have no idea what someone is saying and asking for details is not “getting put of the comfort zone”, then you’re not asking too many things in your life. And this is a big mistake.

“My comfort zone is being out of my comfort zone”

Now, joking aside, I really feel good pushing myself to my limits. That’s when I feel that I grow and learn.

Obviously, I do not push all my limits. I admit, I can’t seem to be able to quit on Diet Coke no matter what I do. Or is it just me testing my limit there? :)

So, how are you getting out of your comfort zone today? :)

P.S.: I wrote this post on an iPad Mini using just the virtual keyboard. Talking about comfort zones…

Photo credit

Mavenhut: De la 0 la 550,000 Euro ($700,000) investitie in 9 luni

ROîn română Una Alta · 31 ianuarie 2013

Update 2025: in 2016 am vandut jocurile, moment in care ajunseseram la 40,000,000 de download-uri/install-uri si vreo 3-4 milioane de jucatori zilnic in vreo 5-6 jocuri lansate. Dupa care eu mi-am luat o pauza “scurta” care s-a dovedit prea lunga din cauza COVID. In 2024 am pornit Mixrift.


Articolul original, scris in 2013, mai jos:

Zilele astea Mavenhut e in finala “Startup of the year” in Romania, competitie organizata de The Next Web. Asa ca e un moment propice sa aruncam o privire asupra 2012, anul in care am ajuns de la 0 la o investitie de 550,000 Euro.

2012 a parut, din multe puncte de vedere, 3 ani prinsi intr-unul singur.

Dublin: inceputul “lean”

Primele 4 luni au fost lunile de Startup Bootcamp Dublin.

Am fost 3 cofondatori (Bobby, Elvis si Cristi) care am stat zi si noapte pe un singur proiect, fara alte distrageri majore. Desi una dintre cele 3 iubite a “cazut la datorie”, nerezistand distantei. Ceea ce nu a fost extrem de bine, clar.

Si totusi, nu cred ca am mai ajuns la nivelul respectiv de efort si eficienta ulterior. Am mancat, am baut si am respirat Mavenhut. Impreuna 🙂

Am invatat, printre altele, ca “pivot” e un cuvant prea des folosit, dar ca Lean Startup e un concept extraordinar. Am testat ideea noastra inca inainte de a avea prima linie de cod scrisa, punand un formular pe un site si trimitand 200 de oameni pe el cu Facebook Ads. Si vreo 150$ cheltuiti. Asa am aflat ca un Solitaire multiplayer nu e chiar o idee rea. Dimpotriva!

De altfel, primul workshop la care am participat in Dublin a fost unul cu Ash Maurya, care ne-a clarificat foarte mult conceptele. Dupa Lean Startup a lui Eric Ries, Running Lean e cartea pe care ar trebui sa o cititi cand creati produse sau va ganditi sa incepeti un business nou.

Ca sa va faceti o idee, Elvis a facut 400 de deploy-uri in prima luna de Solitaire Arena. E adevarat, facea cam 15 pe zi, atat de rapid era ciclul de invatare si implementare. Si da, era vorba de cate un bug pe deploy, de cele mai multe ori, dar asta ne permitea sa invatam imediat ceva nou. Si iar, si iar, si iar.

Eu am invatat ca faptul ca vorbesc la conferinte de 8 ani nu ajuta cu nimic cand trebuie sa spui cat mai multe in doar 5-6 minute, la Demo Day. Si cand de asta poate depinde investitia in compania ta. Mi-a luat aproape 3 saptamani sa ajung la o varianta cat de cat ok. Care a fost data peste cap de faptul ca a picat microfonul. De doua ori.

Tot la prezentare am aflat ca a intra pe scena ca un boxer in ring, cu halatul pe tine si manusile pe maini (sort of!) la propriu, e o modalitate sigura ca investitorii potentiali sa te tina minte. Mai adauga un microfon care nu merge, o “revenire” spectaculoasa, slide-uri cu numere reale si am rezolvat: fiecare persoana de-acolo ne-a retinut.

Intr-un final, Dublin a fost locul in care probabil am avut cea mai mare eficienta si productivitate. Daca exista un singur motiv pentru care insist ca echipele de fondatori sa plece la diferite acceleratoare, acesta e: timp de 3 luni nu veti face altceva. Veti visa proiectul vostru, veti respira proiectul vostru. Iar 3 luni de coabitare (!locuit impreuna!) iti arata clar daca te poti intelege cu partenerii tai pe o perioada mai lunga de timp.

Dupa Demo Day a urmat o zi de dezamagire crunta! In ciuda asteptarilor, nu am primit nici o oferte pe loc, atunci, in seara aia. Desi asa auziseram noi de la americani :))

Noroc ca de-a doua zi au inceput sa sune investitorii si, o saptamana mai tarziu, aveam 8 oferte de “seed investment” (pana in 100,000 euro) pe masa.

Bucuresti: o vara fierbinte

Si asa a inceput o vara de foc. Si la propriu, si la figurat. Al doilea an, practic, din 2012, desi au fost numai 3-4 luni, a inceput in mai, in Bucuresti. La 35 de grade, intr-un birou fara aer conditionat. Cu discutii continue cu investitorii cu care apucaseram sa discutam deja si cu noi discutii cu investitori noi. Ofertele nu lipseau, dar toate erau pentru sume mici, care nu ne-ar fi ajutat foarte mult.

Vara a devenit si mai fierbinte cand am inceput sa ne lovim de faptul ca, totusi, de 6 luni traiam mai mult din economii. Iar economiile au un talent deosebit din a nu creste daca nu generezi venit de nici un fel. Dimpotriva. Un site mai vechi vandut la momentul oportun ne-a mai oferit o perioada de respiro, dar una dintre lectii a fost ca nu vrei sa negociezi cu “burta goala”.

Din fericire, am castigat Competitive Startup Fund, o competitie a Enterprise Ireland care ofera 50,000E, trimestrial, catre 15 startup-uri din Irlanda (unde am pornit Mavenhut, deci eram eligibili). Nu am luat banii, pana la urma, insa ne-a oferit o plasa de siguranta suplimentara, care ne-a permis sa discutam mai linistiti cu investitorii potentiali cu care discutam deja.

Intre timp, produsul crestea, userii jucau din ce in ce mai mult, aratam din ce in ce mai mult “traction”. Puteam, astfel, sa discutam cifre cand ne vedeam cu cei interesati sa bage bani. Si nu cred ca a fost ceva mai important in discutiile noastre decat faptul ca puteam spune “80% din userii nostri sunt femei peste 25 de ani, care joaca in medie cam 10 meciuri pe zi”. Am aflat ulterior ca majoritatea start-up-urilor in situatia noastra (early) nu aveau nici cea mai mica idee despre astfel de lucruri. Dar noi aveam experienta anterioara a lui Cristi, care a lucrat in Berlin timp de 6 luni analizand zi de zi astfel de numere si informatii si intelegand cat de important e sa urmaresti si sa masori orice de la bun inceput.

Spre sfarsitul verii am inceput sa intru si eu mai mult in paine, avand in vedere ca eu ma ocupam de partea de business, de partea juridica samd. Deja discutiile cu investitorii erau si mai avansate, incepusera sa apara in peisaj si avocatii, estimarile de costuri si venituri aveau din ce in ce mai mult sens, numerele incepeau sa capete substanta.

Craciunul a venit mai devreme!

Si am intrat in al 3-lea an din 2012: toamna. Si prima transa din investitia SOS Ventures. O transa, insa, de a carei utilizare depindea restul investitiei. Era o transa mica, de 50,000E. Eram in stare sa scalam ceea ce faceam in momentul in care aveam si niste bani de cheltuit? Ei, ati fi surprinsi, stiu, dar da, am fost in stare :))

La inceputul lui septembrie am aflat ca prea multi useri, prea repede, nu fac bine. Pentru ca in 3 zile ne-a picat serverul de 5 ori. Dar ne-am adunat si in doar 2 luni am livrat KPI-urile stabilite cu SOS Ventures. Si cateva zile mai tarziu, la ora 1 noaptea, am trimis sms-ul minune co-fondatorilor mei: Craciunul a venit mai devreme!

Avocatul nostru tocmai ne anuntase ca toate semnaturile erau pe contract iar banii vor fi livrati a doua zi.

Principala lectiei a acestei ultime perioade? Investitorul poate fi un partener foarte bun, daca asta iti doresti si faci efortul necesar. Am invatat ca trebuie sa comunicam in permanenta, pentru a nu fi nevoiti sa reluam 3 luni de eforturi si sa le explicam in 20 de minute. Am invatat ca poti spune “nu am idee ce sa fac aici” fara sa insemne ca nu mai iei investitia sau ca esti un antreprenor slab.

Intr-un final, 2012 s-a terminat bine. Fara zile libere de sarbatori, e adevarat, pentru ca, in ciuda a ceea ce credeam noi (ca lumea nu sta pe calculator de Craciun), am avut trafic din plin. Si jucatori care voiau sa joace si, de ce nu, sa cheltuie 🙂

Da, 2012 a fost anul in care am pornit de la 0 si am ajuns la o investitie de 550,000Euro ($700,000).

Cate pizza? Cate kilograme? Cati investitori? Numerele Mavenhut in 2012

ROîn română Una Alta · 29 ianuarie 2013

Inainte de toate, Mavenhut participa la Startup of the Year in Romania. Asa ca, daca tot sunteti aici, mergeti si votati la Startup of the year: Mavenhut la prima categorie, Bobby Voicu la a doua si Solitaire Arena la a 3-a, apoi cum vreti voi 😀 Si, evident, spuneti si prietenilor, sa vina si ei sa voteze. Daca nu stiti ce e cu Mavenhut, povestea investitiei de 550,000 Euro o puteti citi aici.

In februarie 2012 Mavenhut valora extraordinara suma de 0E. Nici macar nu exista ca nume, era doar un potential proiect in mintea celor trei cofondatori: Elvis, Cristi si Bobby.

In noiembrie 2012 SOS Ventures investea 550,000E pentru o valoare mult mai mare. In doar 7 luni, trecuseram “from 0 to hero”, cum spun englezii.

Ce inseamna, insa, in cifre, 2012 pentru noi? In afara de un an extraordinar.

La momentul investitiei, cifrele noastre aratau cam asa:

– 120,000 registered players
– 12,000,000 games played in total
– 60,000 monthly active users
– 12,960 Daily Active Users

Tractiune din plin.

In primul rand, impactul major la nivel personal

– o iubita mai putin (din 3 prezente initial, cate una pentru fiecare co-fondator 😀 )
– mai multe de 1000 de ore de Skype. Nu pentru business. Dar am plecat din Bucuresti cu 3 prietene, dupa cum spuneam.
– 5kg in minus pentru Elvis
– 16 kg in plus pentru Bobby (fiecare reactioneaza diferit la stress,da? 🙂 ).
– Cristi stationeaza in kg.
– 4 luni de Dublin, intr-o ploaie continua
– 3 luni de vara in Bucuresti, la 35 de grade celsius, intr-un birou fara aer conditionat. Probabil ca sa compensam ploaia.
– zile de vacanta: 0. Fiecare 🙂
– tatuaje noi: 2
– o foca vazuta de pe balcon in Dublin (da, pe bune, o foca. Initial am crezut ca e un caine ud, dar era o foca).

Foca - Dublin

– multe pizza mancata de la PHD din Dublin. Daca depaseai 50E plateai numai jumatate. Deci am facut eforturi supraomenesti. Si am reusit intotdeauna sa mancam tot! 😀
– 5E un sandwich vai de capul lui in Spar, un Supermarket gen Mega Image. 5E!!!!!
– o barca de pirati pe canalele din Dublin (erau pentru un festival, dar foarte distractiv)

pirati-irlanda

Numere legate de business

– Mavenhut este lean-startup to the max: am pornit cu un formular in care intrebam potentialii jucatori daca ar juca Solitaire 1 contra 1. Inainte de a avea macar o linie de cod scrisa. Si ne-au raspuns 163 de persoane.
– mai mult de 400 de deploy-uri in prima luna de programare, aprilie. E adevarat, fiecare deploy rezolva o problema mentionata de userii MVP-ului initial (MVP = Minimum Viable Product)
– 42 de potentiali investitori cu care am discutat. Cu toate astea, primul intalnit (inca din ianuarie, la faza finala de preselectie pentru Startup Bootcamp) a fost si cel cu care am incheiat deal-ul final: Bill Liao, SOS Ventures. Ceea ce arata ca o relatie de durata conteaza.
– mentionari in presa: 13. Am cautat-o din greu si pe cea de-a 14-a, dar nu am reusit sa scapam de numarul fatidic. Si am dedus ca pentru noi e norocos. Insa suntem dispusi sa renuntam la numarul acesta pentru mentionari suplimentare 🙂
– probleme cu microfonul la Demo Day Startup Bootcamp: 2. Pentru ca am trecut elegant peste ele, toti investitorii cu care am vorbit au mentionat asta ulterior. De-atunci cautam sa integram o astfel de “problema” in fiecare prezentare publica. Si “trecem” peste ea 🙂
– 3 saptamani de repetat si imbunatatit prezentarea de la Demo Day Startup Bootcamp
– doua nopti (cele dinainte de Demo Day) in care am pus pe repeat prezentarea (citita de mine) in continuu, ca sa imi intre in cap si cand dorm (tineti minte episodul din Friends cu “You’re a strong woman”? :)) cam asa si eu).

P.S.: nu, nu m-am apucat iar de scris pe blog, doar ca mi-am dorit sa pun articolele despre Dublin public, mai ales pentru ca ne ajuta la voturile pentru Startup of the Year (una e sa stiti povestea, nu? 🙂 parca votati mai cu drag 😛 ).

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