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From	
  Mechanical	
  Engineer	
  to	
  Technopreneur	
  
                             	
  
                      RJ	
  David	
  
Who	
  is	
  RJ	
  David?	
  
—  31	
  years	
  old	
  
—  Co-­‐founder	
  and	
  Managing	
  Director	
  of	
  Sulit.com.ph	
  
—  Married	
  to	
  Arianne	
  David	
  who	
  is	
  the	
  other	
  co-­‐founder	
  
    of	
  Sulit	
  
—  Netrepreneur	
  (Internet	
  Entrepreneur)	
  
Who	
  was	
  RJ	
  David?	
  
—  Chairperson	
  of	
  the	
  Philippine	
  Society	
  of	
  Mechanical	
  
  Engineers	
  –	
  UP	
  Student	
  Unit	
  
—  Instructor	
  at	
  the	
  Department	
  of	
  Mechanical	
  
  Engineering	
  of	
  UP	
  Diliman	
  
—  Licensed	
  Mechanical	
  Engineer	
  
—  Software	
  Test	
  Engineer	
  
—  Freelance	
  web	
  developer	
  
—  Custom	
  T-­‐shirt	
  seller	
  (almost)	
  
Achievements	
  
—  Go	
  Negosyo	
  Inspiring	
  Young	
  Filipino	
  Entrepreneur	
  
    Award	
  –	
  September	
  2010	
  
—  Business	
  Excellence	
  Award	
  from	
  BPI	
  Family	
  Savings	
  
    Bank	
  –	
  September	
  2010	
  
—  Featured	
  in	
  Go	
  Negosyo’s	
  7th	
  Book	
  –	
  50	
  Inspiring	
  
    Stories	
  of	
  Young	
  Entrepreneurs	
  –	
  October	
  2011	
  
—  PLDT	
  MVP	
  Bossing	
  Award	
  for	
  2012	
  –	
  November	
  2011	
  
College	
  
—  Started	
  reading	
  programming	
  books	
  (Turbo	
  Pascal)	
  when	
  I	
  
      was	
  in	
  4th	
  year	
  high	
  school	
  but	
  I	
  did	
  not	
  take	
  Computer	
  
      Science	
  in	
  College	
  
—    Took	
  up	
  Mechanical	
  Engineering	
  (ME)	
  because	
  my	
  uncle	
  
      who	
  was	
  a	
  successful	
  engineer	
  working	
  abroad	
  promised	
  
      me	
  a	
  good	
  and	
  high-­‐paying	
  job	
  if	
  I	
  graduated	
  as	
  a	
  
      Mechanical	
  Engineer	
  
—    In	
  college,	
  I	
  took	
  up	
  Mechanical	
  Engineering	
  but	
  studied	
  
      programming	
  during	
  my	
  spare	
  time	
  in	
  the	
  library	
  
—    Since	
  ME	
  was	
  really	
  not	
  my	
  interest,	
  I	
  ended	
  up	
  joining	
  a	
  
      student	
  organization	
  to	
  which	
  I	
  focused	
  much	
  of	
  my	
  time	
  
      during	
  my	
  last	
  semester	
  
—    But	
  ME,	
  or	
  engineering	
  in	
  general,	
  taught	
  me	
  to	
  become	
  a	
  
      problem	
  solver	
  
Lessons	
  Learned	
  from	
  College	
  
—  Money	
  as	
  a	
  motivation	
  is	
  fine	
  but	
  passion	
  on	
  what	
  you	
  
    are	
  doing	
  can	
  result	
  to	
  even	
  greater	
  things	
  
—  Things	
  I	
  learned	
  from	
  a	
  student	
  organization	
  in	
  
    college	
  are	
  worth	
  more	
  than	
  the	
  sum	
  of	
  everything	
  I	
  
    learned	
  inside	
  the	
  classroom	
  
My	
  Dream	
  Job	
  
—  As	
  a	
  kid,	
  I	
  always	
  dream	
  of	
  creating	
  or	
  inventing	
  something	
  that	
  many	
  
      people	
  will	
  use.	
  
—    Became	
  one	
  of	
  only	
  few	
  biomechanical	
  engineers	
  here	
  in	
  Philippines	
  
—    Research	
  and	
  development	
  which	
  involves	
  designing	
  and	
  creating	
  
      prosthesis	
  and	
  instruments	
  used	
  during	
  orthopedic	
  surgeries	
  
—    It	
  was	
  my	
  dream	
  job	
  and	
  it	
  was	
  a	
  privilege	
  to	
  be	
  part	
  of	
  a	
  rare-­‐breed	
  of	
  
      engineers	
  in	
  the	
  country	
  
—    But	
  my	
  passion	
  was	
  in	
  programming	
  which	
  my	
  boss	
  caught	
  me	
  doing	
  
      at	
  work	
  
—    I	
  resigned	
  from	
  my	
  dream	
  job	
  and	
  accepted	
  that	
  programming	
  was	
  
      what	
  I	
  was	
  meant	
  to	
  do	
  
Lessons	
  Learned	
  from	
  My	
  Dream	
  
Job	
  
—  It	
  won’t	
  be	
  your	
  dream	
  job	
  if	
  your	
  passion	
  is	
  not	
  
    aligned	
  with	
  it	
  
—  Accepting	
  that	
  you	
  are	
  in	
  the	
  wrong	
  field	
  is	
  a	
  tough	
  
    pill	
  to	
  swallow	
  because	
  you	
  are	
  going	
  to	
  admit	
  that	
  
    you	
  made	
  the	
  wrong	
  decision	
  all	
  these	
  years	
  
Changing	
  Career	
  /	
  Industry	
  
—  In	
  2003,	
  I	
  decided	
  to	
  shift	
  from	
  
   Engineering	
  to	
  the	
  IT	
  industry	
  
—  It	
  was	
  tough	
  because	
  of	
  2	
  things:	
  
    —  I	
  have	
  to	
  start	
  at	
  an	
  entry	
  position	
  again	
  
    —  I	
  cannot	
  even	
  get	
  an	
  interview	
  for	
  a	
  
        programming	
  job	
  because	
  I	
  was	
  a	
  
        Mechanical	
  Engineer	
  
—  I	
  know	
  how	
  to	
  program	
  and	
  relatively	
  
   good	
  at	
  it	
  but	
  I	
  have	
  nothing	
  to	
  prove	
  it	
  
   other	
  than	
  my	
  skills	
  
Lessons	
  Learned	
  in	
  Changing	
  
Career	
  /	
  Industry	
  
—  In	
  any	
  career	
  or	
  industry,	
  you	
  always	
  have	
  to	
  start	
  at	
  
    the	
  bottom	
  and	
  move	
  your	
  way	
  up	
  
—  It	
  is	
  always	
  easy	
  to	
  say	
  that	
  you	
  are	
  good	
  at	
  something	
  
    but	
  it	
  is	
  difficult	
  to	
  prove	
  it	
  especially	
  if	
  you	
  do	
  not	
  
    have	
  the	
  background	
  and	
  experience	
  to	
  show	
  
—  The	
  difficulty	
  of	
  changing	
  industry	
  should	
  not	
  be	
  a	
  big	
  
    hurdle	
  that	
  you	
  cannot	
  surpass	
  
SoBware	
  Test	
  Engineer	
  
—  In	
  2003,	
  I	
  became	
  a	
  software	
  test	
  engineer	
  at	
  Azeus	
  Philippines,	
  a	
  
      CMMi	
  Level	
  5	
  company	
  
—    Testing	
  involves	
  a	
  different	
  type	
  of	
  mind	
  set	
  from	
  development.	
  
      Developers	
  think	
  how	
  to	
  create	
  and	
  accomplish	
  a	
  task	
  while	
  testers	
  
      think	
  how	
  it	
  can	
  fail.	
  
—    As	
  a	
  test	
  engineer	
  who	
  has	
  knowledge	
  in	
  programming,	
  I	
  have	
  the	
  
      uncanny	
  ability	
  to	
  predict	
  where	
  and	
  how	
  a	
  software	
  can	
  fail.	
  
—    After	
  1	
  year,	
  I	
  was	
  already	
  conducting	
  the	
  one-­‐month	
  training	
  for	
  new	
  
      hires	
  about	
  software	
  testing	
  
—    After	
  1	
  1/2	
  years,	
  I	
  was	
  already	
  a	
  lead	
  tester	
  of	
  a	
  major	
  project	
  
—    I	
  also	
  became	
  involved	
  in	
  setting	
  up	
  development	
  processes	
  within	
  the	
  
      company	
  
Lessons	
  Learned	
  as	
  a	
  SoBware	
  Test	
  
Engineer	
  
—  Software	
  testing	
  improved	
  my	
  
    development	
  skills	
  as	
  I	
  become	
  
    more	
  aware	
  on	
  how	
  my	
  application	
  
    can	
  fail.	
  Software	
  testing	
  made	
  me	
  
    a	
  better	
  developer	
  producing	
  high	
  
    quality	
  application	
  
—  I	
  learned	
  a	
  lot	
  about	
  development	
  
    processes	
  and	
  how	
  a	
  process	
  
    should	
  adjust	
  to	
  the	
  needs	
  of	
  your	
  
    team	
  and	
  not	
  the	
  other	
  way	
  around	
  
Open	
  Source	
  Developer	
  
—  In	
  2003,	
  I	
  started	
  playing	
  with	
  phpBB,	
  a	
  popular	
  open	
  source	
  forum	
  
      application.	
  
—    Created	
  modifications	
  and	
  templates	
  and	
  submitted	
  it	
  to	
  be	
  used	
  for	
  
      free	
  by	
  the	
  community	
  
—    Created	
  a	
  portal	
  modification	
  called	
  IM	
  Portal	
  for	
  phpBB	
  which	
  is	
  a	
  
      content	
  management	
  system	
  (CMS)	
  using	
  the	
  forum	
  engine	
  
—    Created	
  IntegraMod	
  which	
  is	
  phpBB	
  with	
  all	
  the	
  best	
  modifications	
  
      already	
  installed	
  with	
  IM	
  Portal	
  as	
  the	
  main	
  feature	
  
—    Downloaded	
  and	
  used	
  thousands	
  of	
  times	
  until	
  I	
  gave	
  up	
  development	
  
      to	
  the	
  community	
  in	
  2006	
  
—    Competed	
  with	
  top	
  phpBB	
  mod	
  developers	
  for	
  the	
  best	
  portal	
  
      modification	
  available	
  
Lessons	
  Learned	
  as	
  an	
  Open	
  
Source	
  Developer	
  
—  One	
  way	
  to	
  showcase	
  your	
  skills	
  or	
  work	
  is	
  to	
  do	
  
    something	
  for	
  free.	
  In	
  case	
  of	
  development,	
  open	
  
    source	
  development	
  is	
  a	
  good	
  option	
  
—  Joining	
  an	
  open	
  source	
  community	
  of	
  developers	
  is	
  a	
  
    way	
  to	
  hone	
  and	
  improve	
  your	
  skills	
  
—  Competition	
  is	
  healthy.	
  It	
  kept	
  me	
  outdoing	
  myself	
  a	
  
    lot	
  of	
  times	
  even	
  for	
  something	
  that	
  was	
  free	
  
—  There	
  is	
  a	
  lot	
  of	
  high	
  quality	
  open	
  source	
  applications	
  
    out	
  there	
  that	
  you	
  can	
  literally	
  run	
  an	
  internet	
  
    operations	
  using	
  open	
  source	
  software	
  
Freelance	
  Web	
  Developer	
  
—  In	
  late	
  2003,	
  I	
  started	
  receiving	
  simple	
  development	
  
    projects	
  for	
  phpBB	
  due	
  to	
  my	
  simple	
  mods	
  
—  When	
  I	
  released	
  IM	
  Portal	
  and	
  IntegraMod,	
  I	
  started	
  
    to	
  receive	
  bigger	
  projects	
  
—  I	
  was	
  a	
  software	
  test	
  engineer	
  during	
  the	
  day	
  and	
  a	
  
    developer	
  during	
  the	
  night	
  
—  Referrals	
  from	
  previous	
  projects	
  came	
  and	
  projects	
  
    became	
  full-­‐blown	
  websites	
  that	
  I	
  started	
  earning	
  up	
  
    to	
  more	
  than	
  three	
  times	
  of	
  the	
  salary	
  of	
  my	
  day	
  job	
  
Lessons	
  Learned	
  as	
  a	
  Freelance	
  
Web	
  Developer	
  
—  Previous	
  work	
  is	
  very	
  important	
  for	
  freelance	
  gigs	
  to	
  
    create	
  your	
  portfolio	
  
—  One	
  of	
  the	
  best	
  way	
  to	
  enhance	
  your	
  portfolio	
  is	
  by	
  
    releasing	
  or	
  joining	
  an	
  open	
  source	
  project	
  
—  Referral	
  from	
  previous	
  projects	
  is	
  a	
  way	
  to	
  increase	
  
    your	
  client	
  base	
  
—  Freelancing	
  requires	
  marketing,	
  time	
  management,	
  
    discipline	
  and	
  negotiation	
  skills	
  
Resigning	
  from	
  my	
  day	
  job	
  
—  In	
  2005,	
  I	
  came	
  across	
  this	
  book	
  titled	
  “Rich	
  Dad,	
  
    Poor	
  Dad”	
  by	
  Robert	
  Kiyosaki	
  which	
  changed	
  my	
  
    thinking	
  ever	
  since	
  
—  I	
  did	
  not	
  take	
  the	
  stories	
  and	
  samples	
  in	
  the	
  
    book	
  literally	
  but	
  it	
  opened	
  my	
  mind	
  to	
  new	
  
    possibilities	
  
—  I	
  resigned	
  from	
  my	
  job	
  a	
  few	
  weeks	
  after	
  reading	
  
    the	
  book	
  
—  I	
  was	
  completely	
  convinced	
  that	
  I	
  could	
  do	
  it	
  on	
  
    my	
  own	
  
—  My	
  side	
  projects	
  were	
  already	
  affecting	
  the	
  
    quality	
  of	
  my	
  work	
  in	
  my	
  day	
  job	
  
Lessons	
  Learned	
  from	
  resigning	
  
from	
  my	
  day	
  job	
  
—  The	
  fact	
  that	
  I	
  had	
  my	
  freelancing	
  gigs	
  on	
  the	
  
    sidelines	
  that	
  were	
  earning	
  more	
  than	
  my	
  day	
  job	
  
    made	
  it	
  easier	
  for	
  me	
  to	
  resign	
  from	
  my	
  day	
  job	
  
—  Sometimes	
  the	
  best	
  decision	
  that	
  you	
  can	
  have	
  is	
  the	
  
    most	
  unpopular	
  one	
  
—  When	
  your	
  side	
  projects	
  started	
  to	
  affect	
  your	
  
    performance	
  at	
  your	
  day	
  job,	
  be	
  a	
  professional	
  and	
  
    choose	
  one	
  and	
  drop	
  the	
  other	
  
Planning	
  to	
  Sell	
  T-­‐Shirts	
  
—  Until	
  in	
  2006,	
  an	
  opportunity	
  presented	
  itself	
  in	
  the	
  form	
  of	
  selling	
  
    custom-­‐made	
  T-­‐shirts	
  
—  Target	
  market:	
  the	
  exponentially	
  growing	
  Friendster	
  member	
  base	
  in	
  
    the	
  Philippines	
  
—  After	
  months	
  of	
  planning	
  and	
  putting	
  the	
  pieces	
  together,	
  I	
  made	
  a	
  
    pitch	
  to	
  the	
  country	
  manager	
  of	
  Friendster	
  to	
  become	
  the	
  official	
  
    custom	
  shirt	
  partner	
  
—  The	
  pitch	
  did	
  not	
  go	
  well	
  and	
  I	
  was	
  suddenly	
  faced	
  by	
  a	
  harsh	
  reality:	
  
     —  I	
  was	
  a	
  newbie	
  entrepreneur	
  
     —  Custom	
  T-­‐shirts	
  were	
  nowhere	
  near	
  my	
  core	
  skills	
  or	
  passion	
  
     —  I	
  did	
  not	
  have	
  the	
  capital	
  to	
  support	
  the	
  requirements	
  of	
  the	
  business	
  
         for	
  my	
  target	
  market	
  
Lessons	
  Learned	
  from	
  my	
  T-­‐shirt	
  
Gig	
  
—  Passion	
  and	
  skills	
  are	
  very	
  important	
  for	
  1st	
  time	
  
    entrepreneurs	
  
—  Your	
  startup	
  capital	
  must	
  be	
  able	
  to	
  support	
  your	
  pre-­‐
    profit	
  market	
  
—  You	
  must	
  do	
  your	
  homework	
  before	
  pitching	
  your	
  
    business	
  
—  A	
  good	
  idea	
  is	
  nothing	
  without	
  a	
  capable	
  team	
  
    supporting	
  it	
  
Sulit.com.ph	
  
—  Success	
  stories	
  of	
  Kevin	
  Rose	
  starting	
  Digg	
  and	
  Mark	
  
   Zuckerberg	
  starting	
  Facebook	
  gave	
  inspiration	
  to	
  Arianne	
  
   and	
  I	
  to	
  create	
  our	
  own	
  website.	
  
—  Since	
  resigning	
  from	
  Azeus,	
  I	
  began	
  porting	
  my	
  IM	
  Portal	
  
   project	
  to	
  a	
  stand-­‐alone	
  CMS	
  and	
  web	
  framework	
  without	
  
   the	
  requirement	
  of	
  phpBB	
  
—  In	
  May	
  2006,	
  Arianne	
  came	
  up	
  with	
  the	
  idea	
  of	
  a	
  
   classifieds	
  website	
  as	
  an	
  experiment	
  
—  I	
  started	
  working	
  on	
  the	
  website	
  while	
  doing	
  freelance	
  
   work	
  and	
  launched	
  Sulit.com.ph	
  on	
  September	
  11,	
  2006	
  
IniMal	
  Years	
  of	
  Sulit	
  
—  As	
  an	
  experiment,	
  Sulit	
  had	
  no	
  marketing	
  budget	
  and	
  
    no	
  marketing	
  plan	
  in	
  place	
  
—  By	
  the	
  end	
  of	
  November	
  2006,	
  traffic	
  started	
  to	
  
    increase	
  across	
  all	
  categories	
  and	
  the	
  experiment	
  
    became	
  a	
  full-­‐blown	
  online	
  classifieds	
  startup	
  
—  By	
  August	
  2007,	
  Sulit	
  was	
  more	
  than	
  “ramen	
  
    profitable”	
  so	
  Arianne	
  resigned	
  from	
  her	
  work	
  and	
  
    help	
  maintain	
  the	
  website	
  
—  In	
  January	
  2008,	
  we	
  incorporated	
  the	
  company	
  
—  In	
  2008,	
  Sulit	
  became	
  the	
  top	
  local	
  website	
  in	
  Alexa	
  
Lessons	
  Learned	
  when	
  starMng	
  up	
  
Sulit.com.ph	
  
—  It	
  is	
  possible	
  to	
  create	
  an	
  internet	
  startup	
  without	
  requiring	
  too	
  
   much	
  capital	
  
—  Formula	
  to	
  a	
  successful	
  website:	
  release	
  fast,	
  release	
  often,	
  get	
  
   feedback	
  and	
  iterate	
  
—  When	
  requiring	
  human	
  input,	
  crowdsource	
  to	
  scale	
  
—  Search	
  Engine	
  Optimization	
  was	
  (and	
  still	
  is)	
  the	
  best	
  source	
  of	
  
   free	
  organic	
  traffic	
  to	
  the	
  website	
  
—  Bootstrapping	
  an	
  internet	
  startup	
  to	
  profitability	
  is	
  possible	
  
—  Technical	
  expertise	
  is	
  very	
  important	
  in	
  an	
  internet	
  startup	
  
—  Get	
  a	
  co-­‐founder	
  for	
  newbie	
  entrepreneurs	
  
Sulit.com.ph	
  Investors	
  
—  In	
  2008,	
  Sulit	
  started	
  to	
  appeal	
  to	
  other	
  companies	
  
  and	
  VCs	
  and	
  we	
  received	
  a	
  number	
  of	
  investment	
  
  offers,	
  partnerships	
  and	
  buyout	
  offers,	
  yet	
  we	
  were	
  
  not	
  actively	
  looking	
  for	
  any	
  investments	
  
—  Late	
  2008	
  and	
  early	
  2009,	
  competitors	
  backed	
  by	
  big	
  
  companies	
  started	
  to	
  show	
  serious	
  interest	
  in	
  the	
  local	
  
  ecommerce	
  market	
  
—  In	
  2009,	
  Sulit	
  received	
  a	
  Series	
  A	
  funding	
  from	
  MIH	
  
Lessons	
  Learned	
  in	
  accepMng	
  
investments	
  
—  Know	
  what	
  you	
  really	
  need	
  from	
  
    investors:	
  funds,	
  knowledge,	
  
    network,	
  advisors,	
  human	
  
    resources,	
  etc.	
  
—  Know	
  the	
  goal	
  of	
  the	
  investors	
  in	
  
    investing	
  to	
  your	
  company	
  and	
  see	
  
    to	
  it	
  that	
  it	
  is	
  aligned	
  to	
  your	
  
    personal	
  goal	
  
—  Valuation	
  of	
  a	
  startup	
  is	
  an	
  
    estimation	
  of	
  the	
  future	
  
    performance	
  of	
  the	
  business	
  
What	
  characterizes	
  an	
  
entrepreneur?	
  
—  Risk	
  taker	
  –	
  willingness	
  to	
  take	
  huge	
  risks	
  in	
  order	
  to	
  
    get	
  huge	
  returns	
  
—  Leader	
  –	
  the	
  ability	
  to	
  make	
  others	
  follow	
  your	
  vision	
  
—  Creates	
  value	
  –	
  the	
  ability	
  to	
  create	
  actual	
  value	
  from	
  
    your	
  idea	
  
—  Problem	
  solver	
  –	
  the	
  ability	
  to	
  provide	
  solutions	
  to	
  
    the	
  problems	
  of	
  many	
  potential	
  customers	
  
—  Tolerance	
  to	
  failure	
  –	
  entrepreneurs	
  are	
  bound	
  to	
  fail	
  
    in	
  order	
  to	
  succeed	
  
Advice	
  to	
  young	
  people	
  wanMng	
  
to	
  become	
  technopreneurs	
  
—  Start	
  now	
  while	
  you	
  are	
  young	
  
—  It	
  requires	
  technical	
  expertise	
  to	
  become	
  a	
  
    technopreneur	
  so	
  either	
  you	
  are	
  a	
  technical	
  person	
  or	
  
    you	
  find	
  a	
  technical	
  co-­‐founder	
  
—  For	
  those	
  who	
  cannot	
  risk	
  their	
  9-­‐5	
  salary,	
  start	
  small	
  
    with	
  a	
  sideline	
  project	
  
—  Start	
  with	
  something	
  that	
  you	
  are	
  passionate	
  about;	
  
    something	
  you	
  love	
  doing	
  
—  Do	
  not	
  be	
  afraid	
  sharing	
  your	
  idea;	
  the	
  team	
  
    executing	
  the	
  idea	
  makes	
  the	
  difference	
  
How	
  can	
  I	
  prepare	
  to	
  become	
  a	
  
technopreneur?	
  
—  The	
  internet	
  is	
  a	
  fast-­‐paced	
  industry;	
  
    you	
  must	
  be	
  ready	
  to	
  continuously	
  
    learn	
  something	
  new	
  
—  Be	
  ready	
  to	
  learn	
  how	
  to	
  filter	
  
    information	
  and	
  read	
  
—  Expect	
  sleepless	
  nights	
  
—  Be	
  prepared	
  for	
  failures	
  
—  Learn	
  to	
  say	
  no	
  
—  Be	
  ready	
  to	
  come	
  out	
  of	
  your	
  comfort	
  
    zone	
  
—  Be	
  ready	
  to	
  wear	
  many	
  hats	
  
What	
  to	
  watch	
  out	
  for	
  
in	
  running	
  a	
  start	
  up?	
  
—  The	
  tendency	
  to	
  make	
  quick	
  money	
  
—  Partnerships,	
  as	
  much	
  as	
  you	
  can,	
  avoid	
  it;	
  unless	
  it	
  is	
  
    really	
  necessary	
  to	
  achieve	
  your	
  vision	
  
—  Tendency	
  to	
  raise	
  more	
  money	
  than	
  what	
  is	
  really	
  
    needed	
  
—  Tendency	
  to	
  spend	
  so	
  much	
  in	
  marketing	
  before	
  the	
  
    product	
  is	
  ready	
  
—  Tendency	
  to	
  copy	
  an	
  established	
  competitor	
  
Suggested	
  Resources	
  
—  OnStartups.com	
  
—  ReadWriteWeb.com	
  
—  TechCrunch.com	
  
—  PaulGraham.com/articles.html	
  
—  AVC.com	
  
—  GigaOM.com	
  
—  TechMeme.com	
  
—  HackerNews.com	
  

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From Mechanical Engineer to Technopreneur by RJ David

  • 1. From  Mechanical  Engineer  to  Technopreneur     RJ  David  
  • 2. Who  is  RJ  David?   —  31  years  old   —  Co-­‐founder  and  Managing  Director  of  Sulit.com.ph   —  Married  to  Arianne  David  who  is  the  other  co-­‐founder   of  Sulit   —  Netrepreneur  (Internet  Entrepreneur)  
  • 3. Who  was  RJ  David?   —  Chairperson  of  the  Philippine  Society  of  Mechanical   Engineers  –  UP  Student  Unit   —  Instructor  at  the  Department  of  Mechanical   Engineering  of  UP  Diliman   —  Licensed  Mechanical  Engineer   —  Software  Test  Engineer   —  Freelance  web  developer   —  Custom  T-­‐shirt  seller  (almost)  
  • 4. Achievements   —  Go  Negosyo  Inspiring  Young  Filipino  Entrepreneur   Award  –  September  2010   —  Business  Excellence  Award  from  BPI  Family  Savings   Bank  –  September  2010   —  Featured  in  Go  Negosyo’s  7th  Book  –  50  Inspiring   Stories  of  Young  Entrepreneurs  –  October  2011   —  PLDT  MVP  Bossing  Award  for  2012  –  November  2011  
  • 5.
  • 6. College   —  Started  reading  programming  books  (Turbo  Pascal)  when  I   was  in  4th  year  high  school  but  I  did  not  take  Computer   Science  in  College   —  Took  up  Mechanical  Engineering  (ME)  because  my  uncle   who  was  a  successful  engineer  working  abroad  promised   me  a  good  and  high-­‐paying  job  if  I  graduated  as  a   Mechanical  Engineer   —  In  college,  I  took  up  Mechanical  Engineering  but  studied   programming  during  my  spare  time  in  the  library   —  Since  ME  was  really  not  my  interest,  I  ended  up  joining  a   student  organization  to  which  I  focused  much  of  my  time   during  my  last  semester   —  But  ME,  or  engineering  in  general,  taught  me  to  become  a   problem  solver  
  • 7. Lessons  Learned  from  College   —  Money  as  a  motivation  is  fine  but  passion  on  what  you   are  doing  can  result  to  even  greater  things   —  Things  I  learned  from  a  student  organization  in   college  are  worth  more  than  the  sum  of  everything  I   learned  inside  the  classroom  
  • 8. My  Dream  Job   —  As  a  kid,  I  always  dream  of  creating  or  inventing  something  that  many   people  will  use.   —  Became  one  of  only  few  biomechanical  engineers  here  in  Philippines   —  Research  and  development  which  involves  designing  and  creating   prosthesis  and  instruments  used  during  orthopedic  surgeries   —  It  was  my  dream  job  and  it  was  a  privilege  to  be  part  of  a  rare-­‐breed  of   engineers  in  the  country   —  But  my  passion  was  in  programming  which  my  boss  caught  me  doing   at  work   —  I  resigned  from  my  dream  job  and  accepted  that  programming  was   what  I  was  meant  to  do  
  • 9. Lessons  Learned  from  My  Dream   Job   —  It  won’t  be  your  dream  job  if  your  passion  is  not   aligned  with  it   —  Accepting  that  you  are  in  the  wrong  field  is  a  tough   pill  to  swallow  because  you  are  going  to  admit  that   you  made  the  wrong  decision  all  these  years  
  • 10. Changing  Career  /  Industry   —  In  2003,  I  decided  to  shift  from   Engineering  to  the  IT  industry   —  It  was  tough  because  of  2  things:   —  I  have  to  start  at  an  entry  position  again   —  I  cannot  even  get  an  interview  for  a   programming  job  because  I  was  a   Mechanical  Engineer   —  I  know  how  to  program  and  relatively   good  at  it  but  I  have  nothing  to  prove  it   other  than  my  skills  
  • 11. Lessons  Learned  in  Changing   Career  /  Industry   —  In  any  career  or  industry,  you  always  have  to  start  at   the  bottom  and  move  your  way  up   —  It  is  always  easy  to  say  that  you  are  good  at  something   but  it  is  difficult  to  prove  it  especially  if  you  do  not   have  the  background  and  experience  to  show   —  The  difficulty  of  changing  industry  should  not  be  a  big   hurdle  that  you  cannot  surpass  
  • 12. SoBware  Test  Engineer   —  In  2003,  I  became  a  software  test  engineer  at  Azeus  Philippines,  a   CMMi  Level  5  company   —  Testing  involves  a  different  type  of  mind  set  from  development.   Developers  think  how  to  create  and  accomplish  a  task  while  testers   think  how  it  can  fail.   —  As  a  test  engineer  who  has  knowledge  in  programming,  I  have  the   uncanny  ability  to  predict  where  and  how  a  software  can  fail.   —  After  1  year,  I  was  already  conducting  the  one-­‐month  training  for  new   hires  about  software  testing   —  After  1  1/2  years,  I  was  already  a  lead  tester  of  a  major  project   —  I  also  became  involved  in  setting  up  development  processes  within  the   company  
  • 13. Lessons  Learned  as  a  SoBware  Test   Engineer   —  Software  testing  improved  my   development  skills  as  I  become   more  aware  on  how  my  application   can  fail.  Software  testing  made  me   a  better  developer  producing  high   quality  application   —  I  learned  a  lot  about  development   processes  and  how  a  process   should  adjust  to  the  needs  of  your   team  and  not  the  other  way  around  
  • 14. Open  Source  Developer   —  In  2003,  I  started  playing  with  phpBB,  a  popular  open  source  forum   application.   —  Created  modifications  and  templates  and  submitted  it  to  be  used  for   free  by  the  community   —  Created  a  portal  modification  called  IM  Portal  for  phpBB  which  is  a   content  management  system  (CMS)  using  the  forum  engine   —  Created  IntegraMod  which  is  phpBB  with  all  the  best  modifications   already  installed  with  IM  Portal  as  the  main  feature   —  Downloaded  and  used  thousands  of  times  until  I  gave  up  development   to  the  community  in  2006   —  Competed  with  top  phpBB  mod  developers  for  the  best  portal   modification  available  
  • 15. Lessons  Learned  as  an  Open   Source  Developer   —  One  way  to  showcase  your  skills  or  work  is  to  do   something  for  free.  In  case  of  development,  open   source  development  is  a  good  option   —  Joining  an  open  source  community  of  developers  is  a   way  to  hone  and  improve  your  skills   —  Competition  is  healthy.  It  kept  me  outdoing  myself  a   lot  of  times  even  for  something  that  was  free   —  There  is  a  lot  of  high  quality  open  source  applications   out  there  that  you  can  literally  run  an  internet   operations  using  open  source  software  
  • 16. Freelance  Web  Developer   —  In  late  2003,  I  started  receiving  simple  development   projects  for  phpBB  due  to  my  simple  mods   —  When  I  released  IM  Portal  and  IntegraMod,  I  started   to  receive  bigger  projects   —  I  was  a  software  test  engineer  during  the  day  and  a   developer  during  the  night   —  Referrals  from  previous  projects  came  and  projects   became  full-­‐blown  websites  that  I  started  earning  up   to  more  than  three  times  of  the  salary  of  my  day  job  
  • 17. Lessons  Learned  as  a  Freelance   Web  Developer   —  Previous  work  is  very  important  for  freelance  gigs  to   create  your  portfolio   —  One  of  the  best  way  to  enhance  your  portfolio  is  by   releasing  or  joining  an  open  source  project   —  Referral  from  previous  projects  is  a  way  to  increase   your  client  base   —  Freelancing  requires  marketing,  time  management,   discipline  and  negotiation  skills  
  • 18. Resigning  from  my  day  job   —  In  2005,  I  came  across  this  book  titled  “Rich  Dad,   Poor  Dad”  by  Robert  Kiyosaki  which  changed  my   thinking  ever  since   —  I  did  not  take  the  stories  and  samples  in  the   book  literally  but  it  opened  my  mind  to  new   possibilities   —  I  resigned  from  my  job  a  few  weeks  after  reading   the  book   —  I  was  completely  convinced  that  I  could  do  it  on   my  own   —  My  side  projects  were  already  affecting  the   quality  of  my  work  in  my  day  job  
  • 19. Lessons  Learned  from  resigning   from  my  day  job   —  The  fact  that  I  had  my  freelancing  gigs  on  the   sidelines  that  were  earning  more  than  my  day  job   made  it  easier  for  me  to  resign  from  my  day  job   —  Sometimes  the  best  decision  that  you  can  have  is  the   most  unpopular  one   —  When  your  side  projects  started  to  affect  your   performance  at  your  day  job,  be  a  professional  and   choose  one  and  drop  the  other  
  • 20. Planning  to  Sell  T-­‐Shirts   —  Until  in  2006,  an  opportunity  presented  itself  in  the  form  of  selling   custom-­‐made  T-­‐shirts   —  Target  market:  the  exponentially  growing  Friendster  member  base  in   the  Philippines   —  After  months  of  planning  and  putting  the  pieces  together,  I  made  a   pitch  to  the  country  manager  of  Friendster  to  become  the  official   custom  shirt  partner   —  The  pitch  did  not  go  well  and  I  was  suddenly  faced  by  a  harsh  reality:   —  I  was  a  newbie  entrepreneur   —  Custom  T-­‐shirts  were  nowhere  near  my  core  skills  or  passion   —  I  did  not  have  the  capital  to  support  the  requirements  of  the  business   for  my  target  market  
  • 21. Lessons  Learned  from  my  T-­‐shirt   Gig   —  Passion  and  skills  are  very  important  for  1st  time   entrepreneurs   —  Your  startup  capital  must  be  able  to  support  your  pre-­‐ profit  market   —  You  must  do  your  homework  before  pitching  your   business   —  A  good  idea  is  nothing  without  a  capable  team   supporting  it  
  • 22. Sulit.com.ph   —  Success  stories  of  Kevin  Rose  starting  Digg  and  Mark   Zuckerberg  starting  Facebook  gave  inspiration  to  Arianne   and  I  to  create  our  own  website.   —  Since  resigning  from  Azeus,  I  began  porting  my  IM  Portal   project  to  a  stand-­‐alone  CMS  and  web  framework  without   the  requirement  of  phpBB   —  In  May  2006,  Arianne  came  up  with  the  idea  of  a   classifieds  website  as  an  experiment   —  I  started  working  on  the  website  while  doing  freelance   work  and  launched  Sulit.com.ph  on  September  11,  2006  
  • 23. IniMal  Years  of  Sulit   —  As  an  experiment,  Sulit  had  no  marketing  budget  and   no  marketing  plan  in  place   —  By  the  end  of  November  2006,  traffic  started  to   increase  across  all  categories  and  the  experiment   became  a  full-­‐blown  online  classifieds  startup   —  By  August  2007,  Sulit  was  more  than  “ramen   profitable”  so  Arianne  resigned  from  her  work  and   help  maintain  the  website   —  In  January  2008,  we  incorporated  the  company   —  In  2008,  Sulit  became  the  top  local  website  in  Alexa  
  • 24. Lessons  Learned  when  starMng  up   Sulit.com.ph   —  It  is  possible  to  create  an  internet  startup  without  requiring  too   much  capital   —  Formula  to  a  successful  website:  release  fast,  release  often,  get   feedback  and  iterate   —  When  requiring  human  input,  crowdsource  to  scale   —  Search  Engine  Optimization  was  (and  still  is)  the  best  source  of   free  organic  traffic  to  the  website   —  Bootstrapping  an  internet  startup  to  profitability  is  possible   —  Technical  expertise  is  very  important  in  an  internet  startup   —  Get  a  co-­‐founder  for  newbie  entrepreneurs  
  • 25. Sulit.com.ph  Investors   —  In  2008,  Sulit  started  to  appeal  to  other  companies   and  VCs  and  we  received  a  number  of  investment   offers,  partnerships  and  buyout  offers,  yet  we  were   not  actively  looking  for  any  investments   —  Late  2008  and  early  2009,  competitors  backed  by  big   companies  started  to  show  serious  interest  in  the  local   ecommerce  market   —  In  2009,  Sulit  received  a  Series  A  funding  from  MIH  
  • 26.
  • 27. Lessons  Learned  in  accepMng   investments   —  Know  what  you  really  need  from   investors:  funds,  knowledge,   network,  advisors,  human   resources,  etc.   —  Know  the  goal  of  the  investors  in   investing  to  your  company  and  see   to  it  that  it  is  aligned  to  your   personal  goal   —  Valuation  of  a  startup  is  an   estimation  of  the  future   performance  of  the  business  
  • 28. What  characterizes  an   entrepreneur?   —  Risk  taker  –  willingness  to  take  huge  risks  in  order  to   get  huge  returns   —  Leader  –  the  ability  to  make  others  follow  your  vision   —  Creates  value  –  the  ability  to  create  actual  value  from   your  idea   —  Problem  solver  –  the  ability  to  provide  solutions  to   the  problems  of  many  potential  customers   —  Tolerance  to  failure  –  entrepreneurs  are  bound  to  fail   in  order  to  succeed  
  • 29. Advice  to  young  people  wanMng   to  become  technopreneurs   —  Start  now  while  you  are  young   —  It  requires  technical  expertise  to  become  a   technopreneur  so  either  you  are  a  technical  person  or   you  find  a  technical  co-­‐founder   —  For  those  who  cannot  risk  their  9-­‐5  salary,  start  small   with  a  sideline  project   —  Start  with  something  that  you  are  passionate  about;   something  you  love  doing   —  Do  not  be  afraid  sharing  your  idea;  the  team   executing  the  idea  makes  the  difference  
  • 30. How  can  I  prepare  to  become  a   technopreneur?   —  The  internet  is  a  fast-­‐paced  industry;   you  must  be  ready  to  continuously   learn  something  new   —  Be  ready  to  learn  how  to  filter   information  and  read   —  Expect  sleepless  nights   —  Be  prepared  for  failures   —  Learn  to  say  no   —  Be  ready  to  come  out  of  your  comfort   zone   —  Be  ready  to  wear  many  hats  
  • 31. What  to  watch  out  for   in  running  a  start  up?   —  The  tendency  to  make  quick  money   —  Partnerships,  as  much  as  you  can,  avoid  it;  unless  it  is   really  necessary  to  achieve  your  vision   —  Tendency  to  raise  more  money  than  what  is  really   needed   —  Tendency  to  spend  so  much  in  marketing  before  the   product  is  ready   —  Tendency  to  copy  an  established  competitor  
  • 32. Suggested  Resources   —  OnStartups.com   —  ReadWriteWeb.com   —  TechCrunch.com   —  PaulGraham.com/articles.html   —  AVC.com   —  GigaOM.com   —  TechMeme.com   —  HackerNews.com