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Page 1: S U M M I T Mark… · SUMMIT © 2019, Amazon Web Services, Inc. or its affiliates. All rights reserved. Top 20 Reasons Startups Fail 0% 5% 10% 15% 20% 25% 30% 35% 40% 45%

S U MM I TB e r l i n 2 0 1 9

Page 2: S U M M I T Mark… · SUMMIT © 2019, Amazon Web Services, Inc. or its affiliates. All rights reserved. Top 20 Reasons Startups Fail 0% 5% 10% 15% 20% 25% 30% 35% 40% 45%

© 2019, Amazon Web Services, Inc. or its affiliates. All rights reserved.SUMMIT

Why Heavy Lifting Doesn’t Make You Stronger

Hisham HassanHead of TechnologyInventorum GmbH

Page 3: S U M M I T Mark… · SUMMIT © 2019, Amazon Web Services, Inc. or its affiliates. All rights reserved. Top 20 Reasons Startups Fail 0% 5% 10% 15% 20% 25% 30% 35% 40% 45%

© 2019, Amazon Web Services, Inc. or its affiliates. All rights reserved.SUMMIT

Page 4: S U M M I T Mark… · SUMMIT © 2019, Amazon Web Services, Inc. or its affiliates. All rights reserved. Top 20 Reasons Startups Fail 0% 5% 10% 15% 20% 25% 30% 35% 40% 45%

© 2019, Amazon Web Services, Inc. or its affiliates. All rights reserved.SUMMIT

Top 20 Reasons Startups Fail

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

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SUMMIT © 2019, Amazon Web Services, Inc. or its affiliates. All rights reserved.

Page 6: S U M M I T Mark… · SUMMIT © 2019, Amazon Web Services, Inc. or its affiliates. All rights reserved. Top 20 Reasons Startups Fail 0% 5% 10% 15% 20% 25% 30% 35% 40% 45%

© 2019, Amazon Web Services, Inc. or its affiliates. All rights reserved.SUMMIT

What are you building?

• Product definition [MVP, MMP, MMF, Prototype, POC, …]

• What is included and what is not

• Simplicity--the art of maximizing the amount of work not done--is essential.

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© 2019, Amazon Web Services, Inc. or its affiliates. All rights reserved.SUMMIT

Release fast

• Regular releases outside of the tech team

• People want to work around you

Page 8: S U M M I T Mark… · SUMMIT © 2019, Amazon Web Services, Inc. or its affiliates. All rights reserved. Top 20 Reasons Startups Fail 0% 5% 10% 15% 20% 25% 30% 35% 40% 45%

© 2019, Amazon Web Services, Inc. or its affiliates. All rights reserved.SUMMIT

What to get?

• Relevant Feedback

• Visualize ideas

• Find challenging issues faster

• Buy-in from stakeholders

• Secure resources

Page 9: S U M M I T Mark… · SUMMIT © 2019, Amazon Web Services, Inc. or its affiliates. All rights reserved. Top 20 Reasons Startups Fail 0% 5% 10% 15% 20% 25% 30% 35% 40% 45%

© 2019, Amazon Web Services, Inc. or its affiliates. All rights reserved.SUMMITTime

Page 10: S U M M I T Mark… · SUMMIT © 2019, Amazon Web Services, Inc. or its affiliates. All rights reserved. Top 20 Reasons Startups Fail 0% 5% 10% 15% 20% 25% 30% 35% 40% 45%

© 2019, Amazon Web Services, Inc. or its affiliates. All rights reserved.SUMMIT

Wasting time

• Losing money

• Losing team spirit & confidence

• Losing market opportunity

• Losing investors’ interest

• Stuck in operation and management rather than innovation and vision

• More distractions

Page 11: S U M M I T Mark… · SUMMIT © 2019, Amazon Web Services, Inc. or its affiliates. All rights reserved. Top 20 Reasons Startups Fail 0% 5% 10% 15% 20% 25% 30% 35% 40% 45%

SUMMIT © 2019, Amazon Web Services, Inc. or its affiliates. All rights reserved.

“Heavy lifting will eat your time.”

No body

I made that up!

Page 12: S U M M I T Mark… · SUMMIT © 2019, Amazon Web Services, Inc. or its affiliates. All rights reserved. Top 20 Reasons Startups Fail 0% 5% 10% 15% 20% 25% 30% 35% 40% 45%

© 2019, Amazon Web Services, Inc. or its affiliates. All rights reserved.SUMMIT

Heavy lifting

• Reinventing the wheel

• Building infrastructure

• Design perfection

• Unproven assumptions

Page 13: S U M M I T Mark… · SUMMIT © 2019, Amazon Web Services, Inc. or its affiliates. All rights reserved. Top 20 Reasons Startups Fail 0% 5% 10% 15% 20% 25% 30% 35% 40% 45%

© 2019, Amazon Web Services, Inc. or its affiliates. All rights reserved.SUMMIT

steveblank.com

paulgraham.com

theleanstartup.com

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SUMMIT © 2019, Amazon Web Services, Inc. or its affiliates. All rights reserved.

Page 15: S U M M I T Mark… · SUMMIT © 2019, Amazon Web Services, Inc. or its affiliates. All rights reserved. Top 20 Reasons Startups Fail 0% 5% 10% 15% 20% 25% 30% 35% 40% 45%

© 2019, Amazon Web Services, Inc. or its affiliates. All rights reserved.SUMMIT

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© 2019, Amazon Web Services, Inc. or its affiliates. All rights reserved.SUMMIT

Inventorum Offering

• Modern POS

• Customer Management

• Inventory Management

• Preparatory Accounting

• Different Payment Methods

• Hardware Integrations

• Reporting

• Multistore

• Backoffice

• Online Shop

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© 2019, Amazon Web Services, Inc. or its affiliates. All rights reserved.SUMMIT

Problems

• Not agile

• System is not scalable

• Monolith

• Legacy code

• Adding new features is not easy

• Hard to try new technology

• Data grows fast

• No enough visibility of the system

• Complex deployment

• Not utilized resources

Page 18: S U M M I T Mark… · SUMMIT © 2019, Amazon Web Services, Inc. or its affiliates. All rights reserved. Top 20 Reasons Startups Fail 0% 5% 10% 15% 20% 25% 30% 35% 40% 45%

SUMMIT © 2019, Amazon Web Services, Inc. or its affiliates. All rights reserved.

Page 19: S U M M I T Mark… · SUMMIT © 2019, Amazon Web Services, Inc. or its affiliates. All rights reserved. Top 20 Reasons Startups Fail 0% 5% 10% 15% 20% 25% 30% 35% 40% 45%

© 2019, Amazon Web Services, Inc. or its affiliates. All rights reserved.SUMMIT

Our journey with AWS

EC2 Managed Serverless

Page 20: S U M M I T Mark… · SUMMIT © 2019, Amazon Web Services, Inc. or its affiliates. All rights reserved. Top 20 Reasons Startups Fail 0% 5% 10% 15% 20% 25% 30% 35% 40% 45%

© 2019, Amazon Web Services, Inc. or its affiliates. All rights reserved.SUMMIT

Why serverless

No Servers

Auto Scaling

High Availability

No idle Resources

Page 21: S U M M I T Mark… · SUMMIT © 2019, Amazon Web Services, Inc. or its affiliates. All rights reserved. Top 20 Reasons Startups Fail 0% 5% 10% 15% 20% 25% 30% 35% 40% 45%

SUMMIT © 2019, Amazon Web Services, Inc. or its affiliates. All rights reserved.

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© 2019, Amazon Web Services, Inc. or its affiliates. All rights reserved.SUMMIT

AWS Cloud

Amazon API Gateway AWS Lambda Amazon DynamoDBUsers

AWS Lambda

AdminAmazon Simple

Notification Service

Amazon Simple Email

Service (SES)

Amazon CloudFront

Bucket

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© 2019, Amazon Web Services, Inc. or its affiliates. All rights reserved.SUMMIT

AWS Cloud

Amazon API Gateway AWS Lambda Amazon DynamoDBUsers

AWS Lambda

AdminAmazon Simple

Notification Service

Amazon Simple Email

Service (SES)

Amazon CloudFront

Bucket

Page 24: S U M M I T Mark… · SUMMIT © 2019, Amazon Web Services, Inc. or its affiliates. All rights reserved. Top 20 Reasons Startups Fail 0% 5% 10% 15% 20% 25% 30% 35% 40% 45%

© 2019, Amazon Web Services, Inc. or its affiliates. All rights reserved.SUMMIT

Cost

Service Free Tier Price Demo

API Gateway $3.33 Mil request $0.50

- Data transfer out 1 GB $0.09 GB-month $0.09

Lambda 1 Mil $0.2 Mil $0.00

DynamoDB

- Writes $1.525 Mil $0.15

- Reads $0.303 Mil $0.02

- Storage 25 GB $0.306 GB-month $0.30

- Stream 2.5 Mil $0.0245 100k read $0.00

- Backup (PITR) $0.2448 GB-month $0.24

- Data transfer 1 GB $0.09 GB-month $0.09

$1.39

100K sign-up / month

Page 25: S U M M I T Mark… · SUMMIT © 2019, Amazon Web Services, Inc. or its affiliates. All rights reserved. Top 20 Reasons Startups Fail 0% 5% 10% 15% 20% 25% 30% 35% 40% 45%

Thank you!

SUMMIT © 2019, Amazon Web Services, Inc. or its affiliates. All rights reserved.

Hisham Hassan@hshafy