Talk Title: Indie Starter Kit: The Basics of Founding a Successful Games Company

Effective talk: Tricks for design

Year of Talk: 2023

Video Link: Indie Starter Kit: The Basics of Founding a Successful Games Company

5 Fundamentals:

• Vision

• Risk

• Valuation

• Team

• You

Vision:

• It is essential to motivate and inspire both the team and yourself.

• Plan for the long-term goals of the project or studio.

• Attract investors and employees who have similar visions and passion to yours. (Help build a better company culture)

• Communicate with partners and employees about the vision for the company and your target.

• Keep your vision large. So everyone has something they can attach to and work on.

• Explaining your vision to others can help you understand how interested people are in the game and if they understand.

• Determine if it's worth it for other people to join and make the game (Or fund it).

Risk:

• It's important to take risks when making a game. Making a common game might make it very uninteresting.

• Risk normally entails slowly trying to find the specific area that fits best with the project. It can take some time to find the best option for the game.

Valuation:

• Consists of the time and money put into the game.

• The history of the team and their experience working together.

• Any IP rights the studio owns and can use to make games.

• External validations through fans or customers who are willing to interact with the studio.

Team:

• It's important to take time to think through the culture for the team.

• What are the roles you will need to fill at what point?

• Find teammates who are better at different areas than you. So they can make that better than you will ever.

• Self-motivated people are the best.

• Culture can easily make or break a team, as people might lose motivation or be extremely motivated to work.

You:

• When starting a studio, you normally only have experience in one area of development.

• Be ready to not know a lot and need to search and learn as much as possible.

• There will be a lot of stress and pressure that can build up. Be critical of how things are going.