What is an online CTO service?
Building your dream App is like building your dream home. First you need to find a piece of land (Idea Validation). Once you’ve found your land, you will need the help of an architect (CTO & Designer) to design the blueprint of your home (wireframe of your App). Once you are happy, you get a bunch of contractors (programmers) to start constructing your dream home (your next 19 billion dollar App!)-and move in!. In a nutshell, it’s an online service that helps aspiring Founders build their dream App and launch their Startup.
What’s the alternative?
You can design and build your own dream home youself.
Who is this online CTO service for?
It’s for anyone who’s passionate, motivated and crazy enough to chase their dreams. You can be a photographer with an idea for a social app, or a business executive that believes the world needs local travel website, or a dispatch boy with an idea that will make Waze look like childs play - you don’t need technical skills or background. This could be your first experience as a Startup entrepreneur or you may have tried it before. You could be as young as 18 or even at 40, it’s never too late.
What is the difference between me hiring a CTO to develop an MVP or going direct to alternative developers?
You could make a ton of mistakes, waste a lot of time and burn a lot of money in the process. Developers are just like contractors, they normally need a blueprint to start building something. Without a blueprint, you’re making it up as you go. Something that should take 2 months and cost £10,000 to build, could end up taking 9 months and costing £50,000! That’s not uncommon in tech industry. We’ve also met Founders that have spent 3 years building their App. With an experienced CTO, you are standing on solid foundation, designing technically sound blueprints for your App and getting you to market within months.
Do I need a team to get started?
No, you can get started alone although having a team is completely optional. The CTO program was designed to cater to the single ‘solo’ Founders while they form a team. We do believe that you will eventually need to form a team - but you can concurrently start your Startup
Do I need past experience in a Startup or Technology industry?
No, you don’t need past experience. Most of our Founders are non-Tech and coming from different industries. The least, you have experienced Starting-Up something or drawn a plan on a paper napkin at some stage.
How much does the online CTO service cost?
The cost varies and depending on which CTO and Interface Designer works with you. However all the CTOs and Designers that sign up with Code Ar.my have been strongly recommended to keep their fees to the minimal as we understand idea stage Startups have limited financial resources. At present, we are keeping the average cost per program to £3,000.
Is £3,000 really worth it?
It depends on how much you believe in your Startup idea. Upon completing the CTO program, you may succeed in raising early stage funding of £100,000 to £500,000. So your investment is 0.6% to 3% of potential funding. This program is different from other programs - you’re getting CTOs and Designers with 10 years experience from the Startup and Tech industry working on your dream.
Will the CTO hired join my Startup after the program is over?
It really depends, it’s like asking “Will this woman marry me if I got out on a date with her?”. The CTOs are also trying out other Startups to find the best fit, both from a founder personality and technical challenge perspective. We do our best to find potential long-term fit when selecting a CTO.
How do Code Ar.my protect my idea?
We get all our CTOs and Designers to sign Non-Disclosure Agreements before starting the program. We also make sure that the CTOs and Designers are not working on competing Startup Ideas at the same time.
Where can I find example of successful projects and testimonials from Code Ar.my?
We are still in closed beta and we don’t disclose the Startups until they have launched. You may get in touch with any Code Ar.my team members to request a private presentation on some case studies. We normally request permission from our current Startups before sharing the information - but they are pretty cool with us and normally it’s not a problem.
Do you offer pay-by-shares options for my Startup?
For the CTO program, we do not offer any pay-by-shares options as we promised both CTOs and Designers that they will NOT work for free or equity-sweat. However, upon completing the CTO program, Code Ar.my may invest in developing your Minimal Viable Product. Please get in touch with us if you would like to know more.
Can Code Ar.my guarantee I have a successful Startup?
No. You are the Entrepreneur and you are the captain of the ship. It’s your dream, you’ve got to make it happen. It’s like saying ‘can Cambridge guarantee that taking a degree that I will be a CEO of a Fortune500’. However, we at Code Ar.my have put together an amazing program and given you an unfair advantage for you to succeed.