Diary of an Economic Crisis Survivor

Life, Death and Miracles of a Startup, in the Italy of the Economic Crisis

Tag: zombie

3 February 2015

32. Fighting the organizational chaos

FEBRUARY 3, HOURS 14:39
DAY 353

diary of a crisis survivor Gantt & disorder

Disorder.
This is a disordered world.
And The Great C increased the level of chaos.

In particular in Italy, where it is better find a job to survive rather than be brave and try to create your own business.
Even for this reason, losing pieces along the way, we had to escape from Italy. Probably, however, the discussion is valid in any country in the world: no one gives you anything, and you have to be able to find the right trade-off and choose the best team for the next match, depending on the day.

We planned, we optimized, we tested, but despite all, the Great C found us and knocked on our door.
We need something more simple, but at the same time something more concrete: something that can help us understand where we are, how we got here, and which is direction to take.

So while in Italy we continue to talk about the new Head of the Republic, continuing to ignore the problems of the population, we have adopted a tool that will allow us to understand where we are, what we lack, what are the Milestones, which activities to make: we have adopted a control system with a simple, effective and shared Gantt.

 

It will be helpful? I don’t t know but I hope so.
At least something we can understand.

Maybe we will understand that we are just 5 stupids: this business plan was not to be realized, but we fell in love too much with the idea to deny the evidence.

Maybe we will understand, as the past other team members understood, that we shouldn’t leave Italy, but simply settle for a job.

Maybe instead we will understand that everything we did, was part of a long journey, that brings you constantly to face unpleasant choices (without knowing if the choice was right or wrong).

Maybe we will understand what the way to come home is.

diary of a crisis survivor Gantt

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23 January 2015

31. The Gateway

January 23, 2015, HOURS 19:47
DAY 342

diary of a crisis survivor dynamic environment

Caught.
The Great C found us.
Despite our efforts to optimize resources and reduce costs, our budget forecasts resulted worse than expected. Both capital and especially resources. We can’t afford to buy new services, but we need them.
Therefore, while Italian politicians continue to not care about what happens outside the “Important Halls” talking and pretending to quarrel about the Electoral Law and about the new Head of Italian Republic, the Great C kindly knocked on our door and forced us to do the only thing we could do:

leave Italy (CLUE Ranked # 9).

After the initial panic, we used the plan B (you must always have a Plan B)and we found a place to stay, a dynamic environment, where we can take advantage of the large number of personalities and professionals to  grow.

It is an essential thing: working in a dynamic environment where you can learn and share. In Italy we could not find it: I think in Italy we have lost that sense of “social aggregation” replacing it with an “uncontrolled individualism” (perhaps for pure spirit of survival?).

The really negative side is that we are losing pieces. Here we are just 5: Pigna (the CFO), the “Nerd per caso” (two developers), D (our designer) and me. Luca & The Wolf just gave up: they will remain in Italy, change profession, adapt to the system and they will find a random job(no offense to those who have a random job, but these guys had dreams).

We searched a new start.
And until the Great C will fail to find us, we will work here.
But in Italy will be back soon (I hope as winners).

dynamic environment

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22 December 2014

29. Please Santa bring me a Crowdfunding for Christmas

DECEMBER 22, 2014, HOURS 14:43
DAY 310

diary of a crisis survivor 29 crowdfunding

“Dear Santa, as you know my name is Victor, I’m 30 years old and I live in Italy.
In September, I create my own startup, with my teammates, some of which unfortunately had to leave Italy.
I went around the desolate streets of my city, a city, as many other Italian cities, devastated by The Great C, and  I thought and thought … well as a gift this year I would love to receive a Crowdfunding for us.
But if in your sled there is no space, you can take what you want, at least a little bit of enthusiasm.
This year, like the last, I will be here to resist and fight The Great C.
Thanks Santa, I can’t wait to see you. “

The 83% of Italian companies are small and medium enterprises. Since the advent of The Great C, these companies have had increasing difficulty in finding the funding they need to not give up.
Not recently, I heard about Crowdfunding, or collective funding for those who are new to the subject, and I discovered two important things:

There are five ways to make crowdfunding:

    1. Donation-based (e. based on the donation and no economic return);
    2. Peer to peer;
    3. Peer-to-Business;
    4. Invoice Trading;
    5. Equity Based (based on risk capital)
  2. The size of the Crowdfunding in Italy is virtually zero, this because:
    1. There are few platforms to do it(as Unicaseed and Starsup);
    2. You must be an Innovative Startup (Startup and Innovation: a relationship not always sincere);
    3. The “donors”, who wanted to invest a significant amount of capital, need the guarantee of a bank.

crowdfunding

In conclusion. In Italy, Corwfunding seems not an easy tool to use.
We’ll try, but as I said in the last post we finished supplies and capital, The Great C is besieging us, our startup fails to get success and we are thinking of abandoning Italy: this is the reason why I asked Santa a little bit of Crowdfunding for us.

We hope that the light of Christmas would bring hope.

Merry Christmas Survivors. Hold on.

doacs 29 crowdfunding

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14 December 2014

28. Survival Tips for Italy and Startup n.1: Optimization

December 14, 2014, HOURS 17:58
DAY 302

diary of a crisis survivor italy human captail dissipated

“Italy, dissipated Human Capital”

These are the results of the 48th report of the Censis about the Italian situation What prevails now is the uncertainty.
We, startuppers, know something about it. And for us, the choice doesn’t exist. We only can think positive: although the situation is critical, we don’t want help The Great C.

The supplies are finished.
The ideas are finished.
The capital is finished.
Soon we will be forced to leave our shelter.
Sincerely we are undecided if to leave Italy to escape The Great C. At least for a period.
And then I don’t know. Will we never return? This country has a big potential and a great appeal, but is necessary another big effort.

Otherwise we will be forced, as always, to find the resources to live every month, but then, we will always look for new ones, therefore risking of not being able to survive .It is a dog that is chasing its tail. Uncertainty and Fear.

So in this ugly weather Sunday, the only thing we have left to do is optimize. Optimize as finding the right trade-off between profitability, growth and most of all costs (in terms of resources, time and money).

The research of the optimization of resources, time and money,  must necessarily pass for startups that are arising in this moment, because, as the newspaper La Repubblica said, “young people are the biggest waste of Italy.”

Is necessary stop wasting and start optimizing.
To accomplish this work, we started from an analysis of costs, assets and processes of our startup, Victoria. Now we will try to cross this analysis with the tests carried out in recent months and with our planned strategies.

I want close this post, with a sentence of Paolo Iacci, that I randomly found on one of those books that I define “The Crisis survival Guide” (“The theorem of Coffee – Guerini Next – 2014”):

“We must do more and better with less.
Fewer resources, less money, fewer people.
But we must ensure more motivation, more expertise more effectiveness.
We have to find a new glue, cultural and social, to overcome this exasperated individualism.
We have to find the organizational possibilities for it to develop in an orderly and effective the creativity of which we boast rightly. “

diary of a crisis survivor 28 creativity

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24 November 2014

27. Don’t be afraid about The Great C, use it.

NOVEMBER 24, 2014, HOURS 13:31
DAY 282

diary of a crisis survivor 27 use the great c

Finds.
Finds of men who, in other times, fought and defeated the Great C.
I wrote the text of the find in the large blackboard of our office, now all team members of Victory, our startup, can read it. I will write it here, so that you can begin to see the light, in this dark period.
I don’t know if the “crisis” of the author is  our Great C. I just know that these are dark times, we don’t give up and we will use The Great C.
 

“Do not pretend that things will change if we always do the same.
The crisis is the best blessing that can happen to people and countries, because the crisis brings progress.
Creativity is born from the distress, as the day is born from the dark night.
It is in crisis that invention, discovery and large strategies are born.
Who ever overcomes crisis, outdoes himself without being overcome.
Who attributes their failures to the crisis and neglects, violent his own talent and gives most respect to the problems rather than solutions.The real crisis is the crisis of incompetence.
The drawback of people and countries is laziness to find solutions to their problems.
Without crisis there are no challenges, without challenges life is a routine, a slow agony. 
Without crisis there is no merit.
It is in the crisis where the best of each other rise up, without crises any wind is caress. Talk of crisis is to promote it, and silent in the crisis is to exalt conformity.
Instead of that, work hard.
Get it over with the only crises threatening, that is the tragedy of not wanting to fight for it. “
He was Albert Einstein.
I’m Vittorio.
And I will use the Great C like an opportunity.

diary of a crisis surviror 27 einstein

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13 November 2014

26. Take your time to create your own Startup.

NOVEMBER 10, 2014, HOURS 22:00
DAY 268

Zombie Hand

Besieged.
Locked doors and barred windows.
The Great C is besieging us with his horde of depressed zombie citizens.
I don’t  know how long we can hold it, we may not have enough supplies and ideas.

The Great C has overwhelmed  Italy. And Italians have been overwhelmed.
Now both are knocking at my door, they want us. They want our project to collapse.
The Great C took Tim, our handyman: one-way ticket to North Ireland.
And D, our designer, is about to take the same path.
Let’s think about  all those minds that Italy has lost just before the coming of The Great C, all those brilliant minds who preferred to go abroad than prefer to gone abroad than to fight everyday to survive. Marco, Fabio, Andrea. The names are endless.

We are The Resistance of the New Millennium.

Commitment & struggle. In this way we will survive this siege. Because create a startup means this: give up everything, locked in your studio / office / home. No coffee, no beer, no fun, just a great desire to start your own startups and great confidence in your strength.

Take your time, even if it seems like an utopia.
Take your time, even if the Great C is besieging you.
Take your time to create your own startup and do it.

diary of a crisis survivor take your time

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22 September 2014

22. 10 behavioral tips to survive the Great C

September 22, 2014, HOURS 22:00

DAY 219

This is another Monday of survival.

As expected, The Great C didn’t stop its advance, and Italy, despite the proclamations of the Premier Renzi, continues with false starts.
This story about Victory, my startup, has been created to try to make partakers about the incredible difficulty in setting up a business in Italy, not only the aspiring startuppers, , but also  the people who need to be encouraged. The moment is difficult for everyone.
So today I decided to play down and give you 10  behavioral tips that can help you to survive the Great C:

1) Be Watchful: 
Either because the opportunities are often before our eyes and we don’t realize them, or because  in this country, it’s always better to be careful,  you don’t know if someone will steal your business idea;

diary of a crisis survivor stay watchful

2) Be Positive:
No matter if you can’t improve the results of your business, no matter if you’re in trouble.
Tomorrow is a new day, and in an indefinite future Italy will have to get up and, to do so, will have to implement the reforms pro work, business and startup. Like your startup.

diary of a crisis survivor be positive

 

3) Stay Hungry …:
In Steve Jobs’ words  you have to be hungry: don’t get into the spiral of negativity that reigns in the streets of Italian cities, but always look for new challenges, new business adventures.

diary of a crisis survivor stay hungry

4) … Stay Foolish:
And it’s true. Only those who risk, achieve the results. As I said call me the Astronaut, for my ability to roam with the thinking and strategies in a concrete way.

diary of a crisis survivor astronaut madness

5) Be Maniac:
organizing your time, your work,  and constantly control the feedbacks and results.
You must  try always to find a way to objectively measure your results.
If you do it, your startup will be constantly improved and will be closer to defeat the Great C.

diary of a crisis survivor be maniac

6) Surround yourself with the right team:
And be available for them, so that they will solve your problems when you can’t do it and together, when you’ll be properly setup, you will form a winning team.

diary of a crisis survivor teamwork

7) Be Humble:
You are always head-on, but being in a country for old men, keep in mind that you don’t  hold the whip by the hand:
for this reason, and because “humility makes a great man” keep a low profile until the right moment.

diary of a crisis survivor be humble

8) Be Patient:
..wait for the right time. Italy will not start for at least another year. Until then try to stay on the crest of the wave, float and survive with your startup, but never stop trying.

diario-di-un-sopravvissuto-alla-crisis-startup-strategia-differenziazione-bassi-costi

9) Be curious:
Keep reading, testing, experimenting. In 2014 you have to be able to know how to create a website, managing a social network, but also you need to understand why your startup doesn’t  achieve the desired results …. and don’t forget to look at successful models abroad and try to apply them in your reality.

diary of a crisis survivor be curious

10) “Be Ready..
Because You don’t know when the right moment will arrive “: you don’t know the moment when the Great C will knock at your door.
And in that moment, you have to know how to save your startup.

diary of a crisis survivor be ready

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8 September 2014

21. Born of a Startup: building a company in Italy.

SEPTEMBER 8, 2014, HOURS 21:56

DAY 204

diary of a crisis survivor 21 key door

The time has come.

We have made the most important step.

We officially created our company.

Victory is officially a  “Società a responsabilità Limitata” (the equivalent of the English limited company) (CLUE N.7).

 

After so many months, we have arrived where so many of us didn’t think to arrive.

It was not easy of course, and everything will be much harder from now on.

But our time has come.

 

The first question we asked ourselves was: “What is the best type of company to build our startup?”

The first choice was to set up a company where the responsibility is only of the company and not of the partners.

The second choice was to choose the type of company. We opted for a private limited company, that, in Italy, is a company where the human element is stronger than the interests of the shareholder.

Finally, it will be important to be able to be recognized as an “Innovative Startup“, a new and unique type of Limited Company, which can be exploited in Italy for two years now.

 

I will speak about it in the next post, now I’m going to celebrate Victory with the team.

I see the light at the end of the tunnel, I see that The Great C is escaping.

diary of a crisis survivor 21 The great c is escaping

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1 September 2014

20. Start up Competition: a way to grow

SEPTEMBER 1, 2014, HOURS 13:20

DAY 197

diary of a crisis survivor startup competition win

We fight the Great C.

Now officially.

While the wars rage in the world, while Italy continues risking sinking (inaction is not usefull) and the Great C is looking for another victim, we face an important moment in the life of a startup.

 

Thanks to writing a Business Plan we are able to sign up to the Startup Competition that we have identified.

It will be an important step, because we will face the public for the first time.

The goal is plural:

  1. Finding financiers or “companions” that can help us on the journey;
  2. Giving visibility to our idea.

For this reason, we are motivated.

Obviously we don’t know yet if we can.

However, being able to “compete officially” gives us a lot of enthusiasm.

We decided to take this step because the first feedback (with friends, family and experts) has been extremely positive.

I’ll leave you, now is the time.

With my click we will be officially in the race.

I’m going to click on (and begin to think that, this time seriously and concretely this time, we will win our battle with the Great C).

diary of a crisis survivor startup competition

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6 August 2014

19. No Country for Young Men.

Agoust 6, 2014, HOURS 22:31

DAY 171. diary of a crisis survivor recession

Recession. GDP -0.2%.

The worst for 14 years.

“Recession is back in Italy”

No. The Great C is back. Rather. It was never gone. And we knew it, I always repeat it in this blog: the inaction of the country is evident, and the cultural, economic, structural gap with other European countries is widening. “The Italian growth will come between 10 years.”  The voice of the people…10 years because they realize that the job is so much to do that it will be a long path.

The problem is the lack of  trust and opportunities for the young men. We need to have our chanche to play, we are too brilliant to be wasted. Victory is the startup of my dreams. For her, I fight every day to overcome the obstacles that sometimes seems to be insurmountable.

I can’t continue to be an “aspiring old  in a country for old men,” in Italy I can’t afford to invest my few money in a startup(although it is my startup and my dream). The risk is too high. Am I a gambler? Perhaps. Maybe the solution is in another country…. I’ll propose this idea to Victory’s team.

How many startup will die before the end of The Great C?

How many entrepreneurs will waste their projects?

How many young man will leave the country?

Maybe there is no hope Italy. No country for young men.

diary of a crisis survivor No Country for Young Men

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