Mike88

Mike Nicholls Australian Inventor + Entrepreneur working with a small team of engineers building prototypes from Inventions including two medical devices. Publishes Startup88.com and has assessed/reviewed +500 inventions and +200 startups in the last 3 years. Mentors Sydney Startups via Incubate and other incubators and helps members of the Australian Startup Community via the Startup88.com website with free publicity and advertising. Experience in numerous industries including Digital Publishing, Cloud Computing, Apps, Hardware, Aviation, Real Estate & Finance and Health/Medical Devices.

imagify.co – Image Resizing & Processing as a Service

Ed: This is a great idea, just one less thing for a small development team to worry about

Startup Name imagify.co
What problem are you solving? Resizing big images on the front-end.
What is your solution? A cloud image processing platform for manipulating your images as you please. You only need one image for all devices. We handle the processing on our server.
Target Market marketers, developers, consumers, bloggers, etc.
How will you make money? Subscriptions/Advertisement
Tell us about the market & founders, why is this a great opportunity? Engineering background with 7 years years on the front-end
Founders Names Parker
What type of funding has the company received? Bootstrap
Website http://imagify.co/
Twitter Handle @imagifyco
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DIRO The Animatronic Bear

Ed: Made me laugh, will probably sell a million, also to those who haven’t experienced the pain of building hardware possibly have no appreciation for how hard this would have been to build.

Startup Name DIRO the bear
What problem are you solving? Brand new smart toy for children, acting as a best friend
What is your solution? Internet connected teddy-bear robot. He can hear, he can speak and he can answer.
Target Market Children 3-12
How will you make money? Subscription/Advertisement
Tell us about the market & founders, why is this a great opportunity? Programmer, engineer and entrepreneur with 15+ years of experience
Founders Names Dmitry
What type of funding has the company received? Bootstrap
Website http://www.dirothebear.com/
Twitter Handle @DiroBear
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Engage – Live Sales Chat & Dashboard

Ed: This is a higher touch sales process than a lot of e-commerce sites might want but you have to think this is going to massively increase conversion rates.

Startup Name Engage
What problem are you solving? Legacy text chat, with their impersonal little boxes and nameless faceless call center experiences was the only option for website chat for the last fifteen years. Unfortunately it diminishes the customer experience to a sterile, one-time-only meeting. Until Engage came along, companies just didn’t have a good way to deliver a chat experience helped to build lasting relationships with web-based customers.
What is your solution? At Engage we were sick and tired of how difficult it has been trying to find the right people within companies when we needed sales or customer support help. So, we built a new way to find and instantly interact with people inside of companies. Engage is a combination of hyper-personal instant interaction technology supported by the concept of a live company directory. It is our dream that in the near future all companies will be transparent and helpful by surfacing their real people!
Target Market Sales leaders, marketers, website developers, businesses wanted to interact instantly with their website visitors, prospects and customers.
How will you make money? Subscriptions/Advertisement
Tell us about the market & founders, why is this a great opportunity? Engage founders are also software engineers.
Founders Names Lief Larson
What type of funding has the company received? Bootstrap
Website http://engage.co/
Twitter Handle @EngageCo
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Incisively – Conversion Optimisation Using Machine Learning

Startup Name Incisively
What problem are you solving? Billions is spent on optimizing websites every year. Most of this is based on guesswork and by the time the changes are launched, they are out of date. Furthermore, most optimization is focussed on conversion rather than actual bottom line performance measures.
What is your solution? Incisively generates more conversion and margin using machine learning algorithms that automatically adapt and learn to get you the best results. We help you take the guesswork out of digital optimisation.
Target Market eCommerce website optimization teams, developers, digital marketers and digital agencies
How will you make money? Subscriptions/Advertisement
Tell us about the market & founders, why is this a great opportunity? The Incisively team brings decades of experience spanning Strategy, Operational Research, Machine Learning and Software Engineering.
Founders Names Kash Yamin
What type of funding has the company received? Bootstrap
Website http://incisive.ly/
Twitter Handle @incisivelyltd
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Mometic – Realtime Breaking Share Price App

Startup Name Mometic
What problem are you solving? There is no other way to quickly identify which of over 6500 US stocks is breaking at on a moments notice on your phone. Historically, this is a big money feature offered by desktop trading software. MOMO also includes instant alerts and social integration to take it a step further.
What is your solution? MOMO is a stock investor’s best app for discovering new investment opportunities. MOMO provides real-time prices for stocks breaking out to new highs and lows. MOMO also includes instant alerts for keeping track of stocks on the move when MOMO is behind the scenes.
Target Market Stock Traders and Active Investors
How will you make money? App Subscription either via App Store or Google Play
Tell us about the market & founders, why is this a great opportunity? I am releasing next week 7/21/2015. Currently MOMO is a personal passion which I’ve funded the development and used my design, UX, and product background to manage. MOMO is built to help traders find investment opportunities on the fly whether at their desks or on the go. It is endorsed by Howard Lindzon (founder of StockTwits and Robinhood) and will target individuals who spend $20-$200 a day in trading fees.
Founders Names Brent Gaynor
What type of funding has the company received? Self Funded
Website www.mometic.com
Twitter Handle https://twitter.com/mometicmobile
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[a.i.] RESUME – AI Machine Learning Powered Job Search (or not)

Ed: This looks very interesting but the pitch was a little different to the website when I visited it. I couldn’t quite work out if the app was meant for an employer to use or a jobseeker.

I got the impression from the pitch that this would find me jobs based on an AI powered backend which in theory sounds great but when you register it just seems to be a sophisticated landing site.

After going through the signup process (which was powered by another startup called typeform.com) it now occurs to me that I was just part of someones user validation test.

Hypothesis was can you get someone to signup to your form on the pretext of signing into an application. And doing so on the cheap without building a product just to see if anyone would signup.

New Y Combinator company by the look of it.

Not sure how I feel now, a little used and cheap….

Startup Name [a.i.] RESUME
What problem are you solving? The black hole of job applications! The pain of finding for and applying to jobs!
What is your solution? An automated, artificially intelligent agent that can find jobs based upon your skills and experience as well as create dynamic, intelligent and customized job applications.
Target Market job search, career planning, career management, recruiting
How will you make money? Subscription model and upgrades for specific features.
Tell us about the market & founders, why is this a great opportunity? The market for job searching and applying has not seen much change with PDF and WORD documents being the modus operandi for everyone out there. There needs to be a resume for the 21st century, one that is intelligent, adaptive and dynamic!
Founders Names Titus Blair
What type of funding has the company received? Bootstrap
Website http://ai-resume.com
Twitter Handle airesume
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STACK – CRM with a LEAN Agile Personality

Ed: I implemented my first CRM about 15 years ago, at the time ACT was a very popular single contact manager (that’s what we called it before CRM was a thing).

As the business grew we needed to network the CRM so moved to a Goldmine network license.

There is probably a good case study about what happened to Goldmine, how they didn’t become Salesforce, Goldmine owned the CRM market 15 years ago, looking at their website my guess is that they have stayed with the old school office server based software licensing model and are being swamped by rabid cloud based competitors, but at least they are still in business 15 years later which is an unusual feat.

We outgrew Goldmine after a few years and we implemented the open source VTiger which we modified to integrated with our support and billing system.

Since then I have worked with numerous CRM systems, Batchbook, Salesforce, Streak, Highrise and looked at a dozen others and frankly I don’t love any of them. Highrise was my favourite but I think it is too expensive.

The reason I tell you all this is to illustrate that the CRM market has been around for a long time and is pretty crowded.

Typically as markets mature, the Gorilla owns all the profits and everyone else is left to fight over the scraps, the profit disappears, competed away.

Most CRM’s have terrible interfaces and workflows, they mostly look like someone has taken an old greenscreen terminal app and put a stylesheet on it, the market Gorilla Salesforce is a case in point very user unfriendly.

Few CRMs capture customer email communications well, it’s usually up to the sales person or customer service person to enter relevant email details/actions which many never do, so there is a large portion of your customer communication which is never captured, something which sends shivers down the spines of business owners.

So despite entering a crowded market late STACK CRM gets a thumbs up on two key points, it is a nice looking app with a new workflow which is very Agile/Lean in its approach and makes a lot of sense to see and manage your prospects visually vs the traditional method of funnel management where you change the stage on the record and then somehow find a report buried to get a funnel report. Makes a lot of sense to me.Stack-kanbanThe other thing that Stack promises but I was unable to test is that they intercept all your inbound and outbound customer email and record this for each customer.

Both of these features put them in front of most CRM’s on the market.
There are a few things that need some work, there are some spelling mistakes on the landing page and I am not keen on the 30 day trial that requires a credit card upfront.
I know opinion is divided on this but my personal view is that if I don’t get to play with the product you are not getting my card details, I guess A/B cohort testing could resolve the best way.
Good luck guys, I really like the new interface, make hay while the sun shines.
Startup Name STACK
What problem are you solving? STACK was invented to solve a problem for our existing business; Wedding Club.
You see, we already have over a thousand customers who purchase wedding leads from us. I would say 30% of them are naturally good sales people and therefore love our product. There is a segment of about 10% that use marketing automation and a CRM, then there are about 30% that have intermittent success and convert one in every 20 leads we send them. The rest churn, and do not like us.
What is your solution? STACK touts a 30 minute set-up time and an ability to initiate automations and triggers to coax leads and existing customers into making more sales. Using a KANBAN canvas popularised by Trello, STACK moulds systematic thinking and an easy to use UX.
STACK focuses on small and medium businesses who prefer to focus on execution rather than sales.
Target Market small businesses, start-ups, people tired of salesforce
How will you make money? Subscriptions/Advertisement
Tell us about the market & founders, why is this a great opportunity? Boris Gefter is the founder of STACK as well as the General Manager of IDM (Independent Digital Media) which owns and operates a number of digital publishing and advertising assets. Boris is extremely experiences with product design, user acquisition and analytics. Having worked for and consulted some of Australia’s largest websites, there is little he has not seen. Boris lives and breathes ‘start-up’ and has completely embraced ‘lean’ with everything that he does.Alex Gorney is the CTO of STACK as well as the lead developer of IDM. Alex is an extremely passionate and talented full stack developer with a deeply seated love of WordPress and all things open source. With a trained eye for good web design and web development practices, Alex is pivotal to the success of STACK.
Founders Names Boris Gefter
What type of funding has the company received? Bootstrap
Website https://www.stackcrm.io/
Twitter Handle @stackcrm
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AppleSocial – Trademark Lawsuit Waiting To Happen

Ed: Back when I was a young naive newbie entrepreneur who had no clue about Trademarks and IP I was trying to launch a company that happened to sell Google Enterprise products.

So I purchased a bunch of domain names that had Google in them. ie GoogleMini.com.au.

Funnily enough Google didn’t make a fuss about it locally, but I suspect they would have if their US attorneys ever found out, in the end I decided to give them away to Google as I figured it was more effort than it was worth.

If AppleSocial get even a small amount of traction the Apple lizards will be on them in a flash tearing them limb from limb.

Building a social network (which is so 2000s) based on the value proposition of being full of Apple Fan boys is a bad idea.

Guys if you have put any effort into this might be time to see if you can do a pivot to something useful.

I am fairly certain no one cares about a social network for Apple people, if it was a really good idea Apple would do it, they are sitting on $100 billion in cash , they could buy a country if they wanted.

The biggest problem aside from nobody caring is that you would have to develop software that was better than anything Apple would be likely to launch and almost no one has the resources for that and your app while it looks decent really appears to be one of the WordPress social apps like Buddypress.

Maybe time for a rethink.

Startup Name AppleSocial
What problem are you solving? It is the only specialized social network for Apple Fans and users.
What is your solution? AppleSocial.net connects people with common interests in a special way. People can join groups about their favourite Apple products, or create their own, exchange messages and discuss ideas, technical issues, expectations about the next iOS iPhone 6, or Apple watch in the personalised forums.
Target Market Apple product owners, iPhone, Mac, iPad, consumer
How will you make money? Subscriptions/Advertisement
Tell us about the market & founders, why is this a great opportunity? I’m an Apple heavy user. I want to offer a specialised social network to all Apple fans worldwide and have them speak their mind about all those high quality products via the groups, forums, galleries and more.
Founders Names Giorgos
What type of funding has the company received? Bootstrap
Website http://www.applesocial.net/
Twitter Handle @AppleSocialNet
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