Welcome to the Tech for Non-Techies podcast

38. Founder Stories: How I Built IVY, the Social University

 In this episode you'll hear from Beri Meric about how he built a global social platform as a non-technical founder. Beri began his career in banking, has an MBA from Harvard, and is drawn to big picture thinking rather than writing code.

IVY, a global content and community platform, attracts celebrity speakers, works with blue chip clients and has investor backing.

Beri shares how he went from idea to product, how he works with developers and the benefits of being a non-technical founder.

 

Learning notes from this episode:

Beri’s first hire was a designer, not a developer. He found her through via a recommendation. This is the best way to hire product talent.

Beri has never had a technical co-founder, like most of the successful non-technical founders we’ve had on TFNT.

Many people get put off starting work on their venture because they do not have a technical co-founder. We keep seeing that this does not have to get in your way.

Beri has...

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Non-Technical Founders Don’t Need to Cod‪e‬

In this episode, Sophia Matveeva spoke to serial entrepreneur and NASDAQ company board member Alexandra Charters Zubko. Alexandra co-founded Triptease, a global software as a service company with offices in London, New York and Singapore, which has raised $28 million in venture funding.

This is a great episode for non-technical founders and investors, with practical tips on what you really do need to learn to build a tech venture (clue: it’s not coding).

Learning notes

  • As a non-technical founder, you don’t need a technical co-founder, but you do need a web of tech experts to advise you.
  • Learning to admit that you don’t have all the answers is a far more useful skill for non-technical founders than learning to code. “Put those engineering books aside and make sure you’ve got the strength to be vulnerable. That’s the most important thing,” says Alexandra.
  • Working with an outsourced product team can be a great way to build your...
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37. APIs: why Uber uses Google Map‪s‬

You can login to Bumble with Facebook and Uber uses Google maps. This happens because Uber's servers are connected to Google via a special widget called the API.

In this podcast episode, Sophia Matveeva teaches what APIs are and how companies can use them to grow users and revenue. This is a great episode if you want to see an example of when tech strategy is also business strategy.

APIs are certainly not a concept that should be left to the techies alone.

Learning notes:

  • The server is like a brain: it is a processing organ. But, just as a brain needs sensory organs to give and receive information in the form of a mouth, eyes and ears, so does a server. The server's sensory organs are the APIs.
  • APIs are snippets of code that let you borrow another app's functionality or data, like Google Maps within Uber.
  • APIs can help companies grow their user base, make more money and collect more data about user behaviour. Deciding what APIs you product should have open is therefore both a ...
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36. How To Validate Your Product

It's so tempting to dive into making a product the moment you have an idea. But, this is a sure way to lose time and money.

Before speaking to developers or designers, take a deep dive into the users and the problem you are aiming to solve. This is an ideal opportunity for non-techies to shine: user research and idea validation.

Listen to this episode to learn from Ronan Walsh, founder of Digital Trawler, a digital marketing agency, about how he helps his SaaS clients create better products.

Learning notes from this episode:

  • A product is a solution to a people problem. Before even contacting a product team, take time to investigate the people and the problem.
  • Marketers and designers go through a very similar process to validate the user problem at the start. This is because both are very user focussed.
  • User research is done in two ways: quantitative and qualitative. For qualitative research be careful not to use steering questions to feed answers to the research...
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35. Apple vs Android: An Introduction To The App Econom‪y‬

Worldwide spending on Google Play and the Apple App store is projected to reach $171 billion in 2024.

The opportunity in making apps and investing in them is huge, but what exactly is the app economy? Before you get started, you need to know the key differences between the Apple and Android ecosystems.

They cater to different audiences and make money in different ways. Listen to this episode to learn why.

Learning notes from this episode:

  • While there are more apps on the Google Play store, Apple apps account for 70% of all revenue generated on Apple and Google combined.
  • Apple users are wealthier than Android users. The median iPhone app user earns $85,000 per year, which is 40% more than the median Android phone user.
  • Most apps on Apple monetize via subscriptions and in-app purchases, while Android apps make money via advertising.

 

To join Sophia's FREE masterclass on mid March 2021 on Break Into Tech: Masterclass for Non-Technical Foundersregister here.

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How To Hire Product Teams: A Guide For Non-Technical Founders

In this episode, Sophia Matveeva covers how to hire product teams to make your tech idea come to life. As a non-technical founder, you will not be able to supervise developers directly, but it doesn't mean you need to rely on a CTO co-founder either.

If you have an idea for a tech based business and want to know how to hire the right people to build it, this episode is for you.

Learning notes from this episode: 

  • Work with designers first: your first hire should be a user experience designer, not a developer.
  • You don't need a CTO co-founder, but you do need a technical lead or advisor.
  • Work with a product studio, rather than freelance developers or a development shop at the start.

If you want to delve deeper, then check out the ebook: How to Hire Your Product Team & Go From Idea To App: Guide For Non-Technical Founders.

In the e-book you will get:

  • A list of product studios recommended by non-technical founders including a firm I’ve worked with
  • A...
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34. How I Built A Fintech AI Business As A Non-Technical Founder

Sophia Matveeva spoke to Jung Seok Kung (JS) founder of Aizen, a fintech company which uses AI to support decision making and manage risk for banks. JS is a non-technical founder, who now leads a company that processes 10,000+ algorithms in real time.

If you want to learn what AI is in practice and how it's changing business this episode is for you.

We cover how JS went from spotting a market opportunity to creating an algorithm using a spreadsheet, and the ups and downs of entrepreneurship.

Learning notes from this episode:

  • An algorithm is just a set of instructions that you put into a computer.
  • JS created a prototype of his algorithm using a spreadsheet. The aim of his algorithm was to give out loans to customers. He bought lending data from the Lending Club and tested it against a control group. This means one set of loan applications was assessed by the algorithm and the other was done manually. By doing this, JS proved that his algorithm was making correct decisions....
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33. What Is A Product?

When was the last time you said to yourself "today, I really want to use a glass?" Probably, never.

Yet, you've used a glass many times to solve the problem of bringing a liquid to your mouth.

In the context of technology, it’s so easy to think of a product as an app, or a site or an algorithm. But, that’s actually the backwards way of doing it.

Every product is a solution to a problem experienced by a human.

For example, if you want to take a sip of water, or this delicious looking cocktail, you use a glass. You don’t wake up thinking “today is a day I get to use a glass! Yey!”

If you do, then send me whatever you put in your cornflakes!

We can actually take this definition further and see an entire company as a solution to a problem. This is basically why companies get acquired: either because they make a solution or they are the solution.

This is the logic Walmart used when it acquired Jet.com for $3.3bn in 2016 to compete with Amazon.

By expanding the...

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32. What Developers Do: Front End vs Back End

tech terms explained Feb 03, 2021

In this episode Sophia covers two tech terms you'll hear if you build apps and sites: the back end and the front end. Most apps and sites need to have both to function.

Listen to this episode for a simple non-techie explanation of the back end and front end, what they do and who should build them. This is a useful episode for non-technical founders, product managers, designers and investors.

Learning notes:

  • Developers write computer code to make the design come alive. The vast majority of apps will need to have a front end and a back end.
  • Front end developers create computers that interact with humans. If you can see it, touch it or speak to it, it is a front end. 

  • Back end developers create computers that interact with other computers.

When you are working with a product team, the work cycle will go as follows:

  1. Designers create your prototype
  2. Back end developers build the back end
  3. Front end developers build the front end

 

 

Listen here on Apple Podcasts...

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31. How To Transition Into Venture Capital

A career in venture capital is lucrative and exciting. Yet, it is also hard to get into, and once you're in, staying successful isn't easy.

Sophia Matveeva spoke to Silicon Valley venture investor Nilesh Trivedi principal investor at J Ventures and Chicago Booth MBA.

They talked about what makes a good VC, the different pathways into venture capital and why many early stage VCs aren't as rich as you think. This is an especially useful episode for angel investors, VCs and founders.

Learning notes:

  • Good tech investors have an understanding of technology, but they do not have to have technical backgrounds. Learning how apps, sites and algorithms get built is a key skill, but learning to code is not.
  • Venture capitalists are investors in startups, but they also have to raise money from investors. Investors that invest into VC funds are called Limited Partners, or LPs.
  • VCs have to spend time growing their brand and network because the competition to invest in good startups is fierce.
  • ...
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