ProCodeCG codeMeetUp() #74 – CyberLabs – 13 Tips to Create Your Own StartUp Company

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Today before we started our 74th codeMeetUp(), we coached one of ProCodeCG Kids about a project 🙂

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His Mom came as the audience of codeMeetUp() and next week she will be in our Coding Mum Class 🙂

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Our guest today is the Founder and CEO of CyberLabs: Ahmad Syarif Hidayatullah 🙂

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He shared all the secrets that make CyberLabs a successful startup company

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It was all started in 2014 with 4 people working in one room
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And the added more crews (total 8) in 2015 and moved to a real office

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Then it grew exponentially to 22 crews! 🙂
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CyberLabs doesn’t have investors. It is surviving by doing bootstrapping.

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What exactly CyberLabs do to survive and how?
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First, sensing by doing survey

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Then harvesting the result
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Then build a prototype

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To go through validation process. If the product does not pass this phase, you should do all over again (or at least from prototyping phase)
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After the product has gone through validation process, then you can scale up

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The core products of CyberLabs are Atom
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Hydro

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and Molecule
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If you’re going to create your own startup up company you should pick one of these options

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And learn from these successful startup companies
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The startup should be able to multiply itself, has the opportunity to become big, borderless

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Has competitive advantage like Garuda Indonesia vs AirAsia and iPhone vs Samsung
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Garuda Indonesia and iPhone offer premium service (differentiation), AirAsia and Samsung offer low cost (cost leadership)

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The startup should ready to pivot while keep growing. Has advisory board and share holder. And also has SOP.
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Investors prefer a non solo startups. A start up should customer centric, has partnerships with big companies and has disruptive technology.

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And the growth should be like folding paper to the moon: exponentially! 🙂
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The summary:

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It was a great topic! We don’t cover everything in here but we will post the video on ProCodeCG YouTube Channel 🙂
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See you next week 🙂

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