startup cto role v3
TRANSCRIPT
A look into methods for the CTO Role interacting with different parts of building a startup company.
Bryan Starbuck [email protected] Engineering, Inc.We are the engineering team for a Business founder
Startup CTO Role
CTOCEODepartment
Heads
Board of Directors
TalentSpring Founder & CEO - Acquired in 2010B2B Enterprise SaaS company with Artificial Intelligence / Machine Learning
SPARKON Founder & CEO - 2011 to 2013B2C Online learning & Passion Discovery
Owner at WhiteHat Engineering: (Current)Our engineering team builds startup companies & products
Bryan StarbuckSTARTUPS & ENGINEERING [email protected]
I’m searching for:
Business Founder
with an idea
CTOTechnical Founder-type
Brings an engineering team
I look for Business founders.
I act as CTO. I also bring in 3 software engineers.
And we build out thecompany aggressively
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This talk is for:
Anyone who wants to
transition into a
CTO
Any first time startup
CEOfor managing &
measuring their CTO
or
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Techniques in this talk
My techniques are just my $0.02 opinions.
You will do things, your way.
I want to create a discussion at the end.
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This talk is about CTO exec skills
This talk is NOT about coding or programming technology skills.
Those skills can be learned at Udemy.com and elsewhere.
This is talk is about the CTO-specific skills.
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VP of Product Management
Early on, CTO often needs to back-fill “VP of Product”.
Later, a VP of Product Management can join.
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Startups built out with significant momentum
This is designed for startups with serious momentum.
Swift to market. Swift to grow in market.
Great for companies who raise capital.NOT for companies bootstrapping and going slow.
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The CEO picks the GOAL of the company
CEO owns the VISION and GOAL of the company
I’ve found the Pitch Deck is a great way to pin down lower level details. Keep the CEO & CTO on the
same page, and others who follow.
Blue Prints of the building
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CTO in blue print designing mode…
I found this process IRONS OUT
startup plans, AND unifies CEO & CTO.
Engineering Sprint work items
SPECs
Product Road Map
Pitch Deck(Top Strategy, Vision & Goal)
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Pitch Deck is great for top level planning
The pitch deck is great to unify on the TOP level VISION.
And then pin down medium level decisions.
Engineering Sprint work items
SPECs
Product Road Map
Pitch Deck(Top Strategy, Vision & Goal)
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Product Roadmap & Milestones
Engineering Sprint work items
SPECs
Product Road Map & Milestones
Pitch Deck(Top Strategy, Vision & Goal)
The Product Roadmap is then great to pencil out FEATUREs
until LAUNCH, and thru milestones
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SPECs for Distributed teams, etc.
Engineering Sprint work items
SPECs
Product Road Map
Pitch Deck(Top Strategy, Vision & Goal)
“Just in Time SPECs”
SPECs make plans STICK. Great for Distributed teams.
Great to centralize information.
Don’t let everything blow in the wind. Emails. Verbal discussions.
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SPRINTs for top execution
Engineering Sprint work items
SPECs
Product Road Map
Pitch Deck(Top Strategy, Vision & Goal)
Sprints are great for measuring execution SUCCESSES and
FAILURES.
Strategic facets of building the
startup from the early days
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Q: Do we deliver on this promise?
Q: Do we have a narrow focus?
Q: Are we building too much? More than is needed for customers to buy?
Brand Promise
It is great to build a startup against a:
BRAND PROMISE
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Q: How do we position our unique advantage?
Q: How is positioning wrt changes in the market?
Q: Does our strategic positioning mean customers will buy us INSTEAD, even when we are the same price?
Positioning Strategy
POSITIONING STRATEGY
Do you have a strategy?
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Q: Required when raising capital
Q: Did we REALLY create an excel financial projects making sure we can reach that large market size?
Actually reaching market size
Will pricing and market size allow us to reach our goal?
Strategic use of
Time
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Down the rabbit hole
Engineers start off their career going down the rabbit hole,
… as they focus on technical build outs
SYMPTOMS: Bad estimates, missed deadlines, etc.
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Accountability to time
Measuring everything to TIME is critical:
a) Do we have enough resources to meet that date?b) Are we starting to fall behind?c) Can we estimate correctly?d) Do we spot problems, early when they build up?
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Two Sprints per Month
Two sprints per month is great
a) Easy to planb) Agilec) Every dev self-manages to finishd) Measuring success in board meetings
CTO Decisionson building out a company
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Technical Co-founder CTO
As a technical co-founder, each area of the strategy & pitch deck needs to be double checked
a) Dev team size & capital needed to reach milestonesb) Math in financial projects reach market sizec) Product Brand Promised) Positioning Strategy
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UI Design summarizing busines
As a technical co-founder, each area of the strategy & pitch deck needs to be double checked
Is it very simple? Verify CEO & CTO on the same page. Understandable at one glance?
An important factor:One screen that summarizes the product (& brand promise).
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Verify product scope isn’t too broad
First time business founders can fall in love with delivering a huge range of features.
Co-founder (technical) should verify a clear narrow focus.
Operational Efficiencyfor the engineering team
From founding until profitable.
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Every sprint highly productive?
Do you have the system to MEASURE high vs low productivity? Every month?
Board of Directories will measure this directly, or indirectly
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Agile != Unaccountable
Be careful: Some engineers wantAGILE == UNACCOUNTIBLE
A board of directors & CEO expect managing engineers with accountability
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Board meetings: Measuring through-put
CTOs need to present their DEPARTMENT at board meetings
SUCCESS vs POOR execution should be measurable.
Needing to fix a problem is okay. Not knowing you have a problem is NOT okay.
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Sheltering DEVs
Devs want to be sheltered, when they are accountable to deliver on commitments.
Two week sprints is a great sheltered window.
Prevent external from engineering from causing CHURN. Prevent CHURN high moral & devs will remain accountable.
CEO CTO
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CEO CTO
CEO communicates the VISION, GOAL and FOCUS of the company.
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Blue print view of the company
Walk thru each stage
Engineering Sprint work items
SPECs
Product Road Map
Pitch Deck(Top Strategy, Vision & Goal)
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CEO CTO sync up
Sync-up with fire hose like communication.
Blueprints get updated. CEO can focus on building up everything external: Fund raising, partnerships, customer acquisition, branding,
hiring, etc.
CTO Board of directors
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Board meetings: Measuring through-put
CTOs need to present their DEPARTMENT at board meetings
SUCCESS vs POOR execution should be measurable.
Needing to fix a problem is okay. Not knowing you have a problem is NOT okay.
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Sales teams & Product team
Sales teams can blame the product team.
Sales teams are under tremendous pressure on reaching quarterly revenue targets.
CTO Department Heads
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Keeping everyone on the same page
Writing the PLAN-of-RECORD down will help make it “stick” across a team.
Pitch deck. Projected financials. Product Roadmap.
Milestones. SPECs. Work items.
Other Topics
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Start to launch in 5 months
CTO + 3 full time devs. Launch in 5 months
(after starting to code)
This is a good challengeand planning discussion.
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After launch
Try for 3 features ONLY for launch.
Then nearly all development after that goes towards customer acquisition.
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CTO Cutting months to growth
It is very easy for a startup to “Throw away 3 months”, several times.
CTO’s job is to prevent this.
Open up discussion
An engineering team that builds entire startup companies
from the ground up
WhiteHat EngineeringSTARTUPS & ENGINEERING
Early Stage Crypto-Currency & more
THE [email protected]@BryanStarbuck