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I'm Radoslav. You can find me online as R Stankov pretty much everywhere.
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I started a newsletter this year because I thought I could use the free time in my life.
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All my slides are here; I will show a lot of links and information.
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I noticed that people try to take photos, but I switch slides very quickly.
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So, if you're missing something you want to capture, the URL is provided here.
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As engineers, we always say, 'It depends.' Everything depends on context.
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Let's start with some context. My company is called Angry Buildings, and it's not related to Angry Birds.
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It is facility management software, specifically accounting software for facility management.
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Actually, every software evolves into an ERP system if it lasts long enough.
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We are transforming the ERP system for companies. It started as a side project.
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Many people ask me how the idea originated. A few friends came to me with a proposal.
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I initially thought it was a stupid idea. They returned with a much better idea.
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I suggested what they needed to do, and this is how it came to fruition.
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The project began three years ago. I held the title of CTO at my previous job.
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Last year, I realized I was more excited to work on weekends than at my day job.
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This is our team; most people have short titles.
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As you can see, there's only one technical person on the team.
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That's the Bulgarian way of being the only engineer in the company.
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However, it's not just about that; in a business setting, there are several areas to manage.
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There are customer pipelines, marketing, sales, and onboarding, especially for business software. You need to provide training and support.
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These areas are usually not favored by developers.
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Let's do a little quiz here: what scares us the most?
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Is it a coffee machine that doesn't work? In my case, it can have too many buttons.
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Another scary thing is when a PM says, 'This should be easy!' Or when someone calls, expecting you to have all the answers.
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In those moments, I can’t help but think of a specific scene from a TV show.
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But the thing is, my team handles these phone calls. They are the ones who speak with businesses that still prefer calling in the 2000s.
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We move fast and have breakfast.
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The project officially started on April 1st. Our first commit dates back to then.
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We kept building, building, and building until we reached some business milestones.
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Currently, we are in a default alive state, which means if we stop doing anything, the business remains operational.
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My favorite metric is zero churn so far. We have not lost a single customer, which is fantastic.
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We usually see a 5000% growth, but that's from one to two customers.
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Right now, we manage around 30,000 apartments through our software.
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Our company's lifecycle involved discovering something we call Product-Market Fit.
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The key is that sales must become repeatable and scalable.
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In a way, we want to create a formula that can be replicated by more salespeople.
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However, achieving Product-Market Fit isn’t a one-time event. We find it can vary from one segment to another.
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When building an MVP, the common advice is often misguided.
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It's better to start with something that almost works and manually push it out until it's automated.
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This often involves fixing bugs through the Rails console until the software operates seamlessly.
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Ultimately, you will want to develop something that is clean and effective.
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Regarding competition, surprisingly many companies still use pen and paper.
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Others may utilize Excel or Google Sheets, which almost amounts to the same thing.
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We also have competitors who seem like they haven't modernized in the last 10 years.
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Our product journey initially focused on individuals managing their own buildings.
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Over time, we pivoted to target companies because they have the resources.
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We focused on what are called non-consumption companies, as these were the only ones talking to us.
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Non-consumption companies typically used pen and paper and Excel, which meant adding our software was appealing.
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Even if our software didn't cover all their needs, it still offered them a safer pathway to transition.
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Our initial focus was on construction companies, given their prevalence in the market.
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The market shifted, and we also targeted facility management companies that were just starting.
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This approach allowed us to develop more features tailored to serve them and encouraged them to cancel their Microsoft subscription.
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We focused on competitors once we believed our software was strong enough.
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We identified growing companies in the facility management space since many competitors were still outdated.
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We found that addressing the needs of growing companies was key.
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However, a significant challenge is convincing stable companies to switch software.
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Even though we can import their data and offer better features, many still resist change.
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Mistakes were made during this journey, often resulting from chaotic decision-making.
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One of my biggest mistakes involved incorrectly named database fields.
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While fixing code is often straightforward, changing a database name can be challenging.
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Even when there is a typo spanning a decade, no one seems eager to correct it.
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Making a decision regarding the user model turned out to be quite technical.
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On the business front, we tried to launch a service marketplace linked to our mobile application.
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Every person living in the building is given access to a mobile app, but we lacked the necessary usage.
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We tried to expand prematurely to Spain, which turned out to be an overcommitment.
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Many mistakes occurred simply because we attempted things without a solid plan.
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As one developer, I would often ship a singular pipeline.
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The product growth is currently on an upward trajectory, moving us toward reaching early majorities.
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Our next challenge is to convince companies to transition to our software.
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Some words of wisdom: when starting a product, target businesses that aren't currently using anything.
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That could mean replacing Excel with something they can easily implement into their workflows.
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As a developer, you should be involved in sales, support, and onboarding.
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Some of our biggest customers even have my personal phone number.
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When you hear 'no' from potential clients, grab that feedback quickly and understand why they aren't interested.
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One of our significant growth opportunities emerged when we learned about clients holding onto past data.
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So we created an import feature that facilitated their transition.
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Receiving precise problems rather than solutions from customers and sales is crucial.
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This forms the basis of building better products that truly cater to their needs.
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Having intuition in decision-making is vital for becoming an expert in any domain.
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This intuition helps determine if a specific feature is applicable to only one client or if it's a broader need.
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It's easy to get swept up in saying 'yes' to everything when trying to stay afloat.
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Allow me to share three examples of how we address client needs.
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Firstly, we have ePay in Bulgaria for paying facility bills like electricity.
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One of our clients, managing over 200 buildings, requested the ability to import payments from this system.
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This simplification saved them from spending days in Excel.
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However, I had to create a straightforward solution despite the varied building names across different systems.
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Thus, I generated an Excel template for the client to export and upload their data effortlessly.
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It's about making life easier for them, even if it takes slightly longer.
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Often, I find myself lacking intuition on how to best serve our customers.
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I created a module called 'special cases' for unique requirements, allowing customized software adaptations.
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This offers a quick overview of how many clients desire specific features.
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Another example links back to our clients wanting to print documents.
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I grew tired of creating PDFs and opted to let users select their desired settings.
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This functionality became a favorite, often garnering incredible reactions from potential clients.
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I realized that helping our customers is essential to ensuring our business's success.
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Managing priorities as the sole developer necessitated careful organization.
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The primary focus became reducing churn, followed by gaining new customers.
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The final point is saving the company money, which often correlates with generating revenue.
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Another key strategy is the 10-minute fix; small changes are usually highly valued by clients.
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Additionally, Fridays are my time for bug fixing and technical maintenance.
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This leads to weekly reviews of all sales, features, and support under a relaxed atmosphere.
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Now, let's delve into more technical aspects. When I started the project, I faced the challenge of managing everything alone.
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I had to oversee the management portal and mobile applications for both iOS and Android.
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Our tech stack consists mainly of Ruby on Rails, with React Native used for mobile apps.
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The majority of complexity resides in the Rails app, which handles essential business operations.
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My domain model revolves around accounts, buildings, and apartments.
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Rails facilitates aggregation; for instance, querying apartments under an account is straightforward.
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Currently, I have more than 563 routes and 105 Active Record models in the codebase.
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I've managed to run 2,176 tests in just three minutes, supporting three languages.
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My focus has been on keeping things simple yet effective, avoiding unnecessary complexity.
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For automation, I relied on the annotate gem to help track table names and indexes.
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By minimizing dependencies and sticking to vanilla Rails, I've reduced development friction.
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One essential component was ensuring internalization was in place from the project's inception.
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Some features not officially documented in Rails needed custom solutions, which I promptly addressed.
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I'm particularly fond of the Counter Culture gem for managing smart counter caches.
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View components have also streamlined our ability to build and manage reusable UI elements.
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For authorization, I utilize a DSL I built during my time at Product Hunt.
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Setting permission levels allows us to grant or restrict actions for various user roles.
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I leverage service objects when making decisions, keeping everything organized.
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MiniForm is another gem I depend on for creating streamlined form validations.
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Finally, I employ search objects for effective filtering and data retrieval.
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Metadata organization keeps everything in its rightful place to avoid confusion.
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I prefer structured layouts for easy navigation of the project's components.
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Tests play an essential role in ensuring uptime and reliability.
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Our end-to-end feature tests provide excellent coverage, ensuring all UI components function correctly.
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Custom helpers simplify interactions and testing within our framework.
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Thank you for your time! It's almost time for lunch, and I appreciate your attention.
