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Paul Mit And Andrew Severin are co-founders of FlowMapp, a cutting edge full stack UX platform. It helps to design exceptional UX for beautiful products, websites, and apps with the online collaborative tools.
Digital agency Brandivision has been successfully operating on the website development and digital design market for 5 years when the team faced the problem. They couldn’t find a suitable tool to build a sitemap for their client’s projects. At the time, all the available services were unable to provide the required functionality, did not satisfy the development needs, and were just awkward to use. So that’s when the idea of FlowMapp began, and Brandivision ended.
It took a year for the team to switch for product development and start to work on an international startup. Tools that were used by more than 120 000 designers from 150 countries, including product teams of Intel, InVision, Isobar, Kontrapunkt, Accenture, Peugeot, Unicef, Pega.
In an exclusive interview with AsiaTechDaily, Andrew and Paul say:
The big mistake is the unwillingness to do routine things such as financial reporting, tax payments, legal documentation.
At first, it might seem incomprehensible, but it isn’t mandatory to deep dive into it. You should understand it in general – it is always possible to use some help from an outside expert.
Hiring too many people from the start is a mistake too.
It is important to determine priorities and directions of development for the company and to close positions precisely while monitoring the company’s bills and trying no to inflate spendings.
Read on to know more about Andrew and Paul and how they managed to build up a startup without seed funding.
Andrew Severin: Hey! I’m in design for more than 10 years, studied UI/UX Design in BMSTU (Bauman Moscow State Technical University). I started like most other guys as a freelancer. In 2012 founded a web-studio where we created awesome websites and branding and, over time went Top-50 best production and outsource companies in Russia. Since 2017 I’m working on FlowMapp as CEO.
Paul Mit: Finally, I can proudly answer the question, “What are you working on currently?” that I dedicate all of my time to grow up our FlowMapp startup. But Andrew and I still remember the time when it was just a «side project.»
My background is pretty diverse — I worked in big international corporations such as Yandex and MediaCom WPP, along with small digital agencies. I came to product development from the world of marketing and advertising. I have a tech, and economic education also graduated from the «British Higher School of Art & Design.»
Andrew Severin: I have never wanted and never liked to be an employee. As I mentioned, I founded my first company in 2012, and in a few years of working as a digital-production studio, we realized that we are not satisfied with software in the field of website design, which in the time was commonly used in the industry. So that is how we decided to create our product for the visual designing of digital products and services — Flowmapp. It wasn’t an easy task because we didn’t attract any investments, but it wasn’t a problem rather that additional motivation. To launch a startup on your funds and with it take a good position among competitors, receive hundreds of thousands of users — this is a real drive and indescribable emotions!
Paul Mit: In total, I launched 5 failed startups, so I always had this urge to create my own company. My primary motivation came from the dissatisfaction of the world around me and the idea of making it a bit better.
Working in big companies opens up a lot of opportunities, but here is the other side of the coin – you can see a lot of things that can be improved, but because of corporate structures, you’re not allowed to affect many of them. Therefore the primary motivation is control over the product and the processes multiplied by the desire to be involved in creating something new.
Paul Mit: We are absolute advocates of organic growth and conception of Product Led Growth.
Andrew Severin: Here is what we did to find our first users:
Paul Mit: We did not invent any revolutionary business model; we are working on a classic SaaS model with providing Freemium access along with the opportunity to use a free trial.
It’s our deliberate decision to allow users to use our product for free. We also created a convenient opportunity to cancel a subscription in case a team or a user decided to take a break for somewhat reason. If so, all the data and projects get saved in our system. And it is always possible to return to them.
It allows us to increase the loyal part of the audience.
Andrew Severin: Our advice is: stick to the path of the maximum openness rather than the path of limitation.
Paul Mit: Ok, give me a minute to calculate, ‘0’. We didn’t use any funds, although some offerings were received. It is our own decision and strategic thinking. We have some plans to attract investments for scaling, but it will happen only when time is right and the product developed enough.
To be honest, we’re not too thrilled about some principles of the venture capital industry and seed funding. We’re trying to orient on the history of companies that have created great products and still control them: Mailchimp, Hotjar, Shopify, ShutterStock, Behance, Grammarly, and 37signals, of course.
Take a look at them. It’s when money is a greater evil for an early development stage for a startup rather than a good thing.
Andrew Severin:
Paul Mit:
Andrew Severin: The hardest thing is to decide when your product is ready for launch.
Release it too early to demonstrate not fully functional product, but pivot it in time and save resources? Or delay the launch and polish the product just to learn after release that your it is not engaging in its current state against your expectations? You should decide what’s essential and what’s not and don’t delay too much!
Paul Mit: The hardest things is in the field of strategy rather than in tactical steps:
Andrew Severin: The big mistake is the unwillingness to do routine things such as financial reporting, tax payments, legal documentation.
At first, it might seem incomprehensible, but it isn’t mandatory to deep dive into it. You should understand it in general – it is always possible to use some help from an outside expert.
Hiring too many people from the start is a mistake too.
It is important to determine priorities and directions of development for the company and to close positions precisely while monitoring the company’s bills and trying no to inflate spendings.
Paul Mit: The top of my favorite mistakes include:
Paul Mit: The biggest problem of marketing — it isn’t necessary for startup. Startups need growth hacking.
Andrew Severin: Well, you never spoke a more accurate word.
Andrew: “Screw It, Let’s Do It” (by Richard Branson), and his ” There’s no time like the present, no better day than today, or no righter time than right now.”
Paul: «Erase all and do it again.» I use it often. It is beneficial.
Paul Mit: No way!
Andrew Severin: Everything goes as its course, and I think I wouldn’t change anything if I went for 10 years into the past. I’d start to sport earlier, though.
You can follow Paul Mit here and Andrew Severin here.
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