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[IMP] : demo data 

bzr revid: aja@tinyerp.com-20140224103628-fsopxc78rywmeoz7
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ajay javiya (OpenERP) 2014-02-24 16:06:28 +05:30
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addons/website_blog/data/website_blog_demo.xml
View File

@ -25,103 +25,95 @@
<field name="website_meta_description">The Future of Emails</field>
<field name="content_image">/website_blog/static/src/img/post1.jpg</field>
<field name="content"><![CDATA[
<section class="mt16 mb16" data-snippet-id='image-text'>
<div class="container readable">
<div class="row">
<iframe width="361" height="200" src="http://www.youtube.com/embed/EkbBFmIWoTE" frameborder="0" allowfullscreen></iframe>
<p>
Emails are broken.
</p><p>
Emails make me waste my time. But I need them.
Given the importance that emails have in our lives,
it's incredible it's still one of the only software
areas that did not evolve in the past 20 years!
</p><p>
Reading my inbox is the most unproductive task I do
on a daily basis. I have to spend one full hour a
day to process my emails. All the junk flows in the
same inbox; spams, information that doesn't matter,
quoted answers of quoted answers, etc. At the end
of the hour, only 10 emails actually requested an
answer from me. With a good tool, I could have done
my job in 10 minutes!
</p>
</div>
</div>
<section class="mt16 mb16 readable" data-snippet-id='image-text'>
<iframe width="361" height="200" src="http://www.youtube.com/embed/EkbBFmIWoTE" frameborder="0" allowfullscreen></iframe>
<p>
Emails are broken.
</p><p>
Emails make me waste my time. But I need them.
Given the importance that emails have in our lives,
it's incredible it's still one of the only software
areas that did not evolve in the past 20 years!
</p><p>
Reading my inbox is the most unproductive task I do
on a daily basis. I have to spend one full hour a
day to process my emails. All the junk flows in the
same inbox; spams, information that doesn't matter,
quoted answers of quoted answers, etc. At the end
of the hour, only 10 emails actually requested an
answer from me. With a good tool, I could have done
my job in 10 minutes!
</p>
</section>
<section class="mt16 mb16" data-snippet-id='text-image'>
<div class="container readable">
<div class="row">
<p>
At OpenERP, we build tools to bring productivity to
enterprises. As emails and information flows are one of
the biggest wastes of time in companies, we have to fix
this.
</p><p>
To disrupt emails, you need more than just another user
interface. We need to rethink the whole communication flow.
</p>
<h3>The Communication Mechanism of OpenERP</h3>
<p>
Here are the ideas behing the OpenERP communication tools:
</p>
<section class="mt16 mb16 readable" data-snippet-id='text-image'>
<p>
At OpenERP, we build tools to bring productivity to
enterprises. As emails and information flows are one of
the biggest wastes of time in companies, we have to fix
this.
</p><p>
To disrupt emails, you need more than just another user
interface. We need to rethink the whole communication flow.
</p>
<h3>The Communication Mechanism of OpenERP</h3>
<p>
Here are the ideas behing the OpenERP communication tools:
</p>
<ul>
<li>
Get Things Done: your inbox is a
todo list. You should be able to process (not only
read) the inbox and easily mark messages for future
actions. Every inbox should be empty after having
been processed; no more overload of information.
<img class="img-responsive" src="/website_blog/static/src/img/mail-sc-00.png"/>
</li><li>
Keep control of what you want to receive or don't want
to receive. People should never receive spam. You
should follow/unfollow any kind of information in one
click.
</li><li>
Productivity is key: our smart user
interface does not require you to click on every mail
to read a thread. Reading a full thread, replying,
attaching documents is super fast.
<img class="img-responsive" src="/website_blog/static/src/img/mail-sc-03.png"/>
</li><li>
A mix of push & pull: Today, people
are victims of what others decide to push to them.
OpenERP differentiates:
<ul>
<li>
Get Things Done: your inbox is a
todo list. You should be able to process (not only
read) the inbox and easily mark messages for future
actions. Every inbox should be empty after having
been processed; no more overload of information.
<img class="img-responsive" src="/website_blog/static/src/img/mail-sc-00.png"/>
Messages "for information":
you can pull them when you need some specific
information; they are not required to be read
every day.You receive only what you decided
to follow.This accounts for 90% of your daily
emails.Use the "Inbox" menu for these.
</li><li>
Keep control of what you want to receive or don't want
to receive. People should never receive spam. You
should follow/unfollow any kind of information in one
click.
</li><li>
Productivity is key: our smart user
interface does not require you to click on every mail
to read a thread. Reading a full thread, replying,
attaching documents is super fast.
<img class="img-responsive" src="/website_blog/static/src/img/mail-sc-03.png"/>
</li><li>
A mix of push & pull: Today, people
are victims of what others decide to push to them.
OpenERP differentiates:
<ul>
<li>
Messages "for information":
you can pull them when you need some specific
information; they are not required to be read
every day.You receive only what you decided
to follow.This accounts for 90% of your daily
emails.Use the "Inbox" menu for these.
</li><li>
Messages "for action": they
require your immediate attention and you need
to process them all. This accounts for 10%
of your daily emails. Use the "To: me" menu
for these.
</li>
</ul>
</li><li>
Focus on the Content: Everything is
stripped to emphasize on the real message. No more
welcome introductions, greetings, signatures and legal
notes.We standardize the layout of each message.
(signatures are on the profile of a contact, not in
every message)
</li><li>
Folders and mailing lists are great tools but too
complex in traditional email clients. In OpenERP, a
group of contacts that share a discussion can be
created with one click. Every group should have it's
own email address.
Messages "for action": they
require your immediate attention and you need
to process them all. This accounts for 10%
of your daily emails. Use the "To: me" menu
for these.
</li>
</ul>
<p>All of this with a super sexy and minimalist user interface.</p>
</div>
</div>
</li><li>
Focus on the Content: Everything is
stripped to emphasize on the real message. No more
welcome introductions, greetings, signatures and legal
notes.We standardize the layout of each message.
(signatures are on the profile of a contact, not in
every message)
</li><li>
Folders and mailing lists are great tools but too
complex in traditional email clients. In OpenERP, a
group of contacts that share a discussion can be
created with one click. Every group should have it's
own email address.
</li>
</ul>
<p>All of this with a super sexy and minimalist user interface.</p>
</section>
]]>
</field>
@ -133,137 +125,132 @@
<field name="blog_id" ref="blog_blog_1"/>
<field name="website_published" eval="True"/>
<field name="tag_ids" eval="[(6, 0, [ref('blog_tag_1')])]"/>
<field name="content_image">/website_blog/static/src/img/post2.jpg</field>
<field name="content">
<![CDATA[<section class="mt16 mb16 " data-snippet-id='image-text'>
<div class="container readable">
<div class="row">
<div class="col-md-12">
<img class="img-responsive" src="/website_blog/static/src/img/CMS_WMS_screens.jpg"/>
</div>
<div class="col-md-6 col-md-offset-3 mb16 mt16">
<p class="text-center">
New Features Launched
</p>
<h4 class="text-center">
To add to an already comprehensive set of OpenERP
features, a website content management system (CMS
or WMS) has been developed and a beta release is
available from today, 31st January 2014.
</h4>
</div>
</div>
<![CDATA[<section class="mt16 mb16 readable" data-snippet-id='image-text'>
<div class="col-md-12">
<img class="img-responsive" src="/website_blog/static/src/img/CMS_WMS_screens.jpg"/>
</div>
<div class="col-md-6 col-md-offset-3 mb16 mt16">
<p class="text-center">
New Features Launched
</p>
<h4 class="text-center">
To add to an already comprehensive set of OpenERP
features, a website content management system (CMS
or WMS) has been developed and a beta release is
available from today, 31st January 2014.
</h4>
</div>
</section>
<section data-snippet-id='text'>
<div class="container readable">
<p>
OpenERP claims to be 'the Open Source software that makes
building your company's website and selling your products
online easy'. So how true is this statement?
</p><p>
"OpenERP's latest launch will allow a business to go from
zero to trading online quicker than ever before,” Stuart
Mackintosh, MD of Open Source specialist and OpenERP
integration partner, OpusVL, explains. “The investment
required to have a fully automated business system is
dramatically reduced, enabling the small and medium
enterprise to compete at a level of functionality and
performance previously reserved for the big IT investors."
</p>
<h4>
"Finally, the leading edge is being brought to the masses.
It will now be the turn of the big players to catch up to
the superior technologies of the SME."
</h4>
<p>
"This is another clever and highly disruptive move by
OpenERP,which will force other technology providers to
take another look at the value they are providing to ensure
that their 'solutions' can still compete."
</p><p>
"OpenERP now competes on many fronts, with no real
competition out there to knock them off the top spot.
With the launch of their integrated CMS and Ecommerce
systems,it only elevates their position as one of the leading
lights in the open source revolution. It will be at least 5
years before another ERP or CMS provider will be able to
compete at this level due to the technology currently
employed by most industry providers."
</p>
<h4>Adding to industry leading technology</h4>
<p>
Like many modern website editors, with OpenERP you can edit
content in-line, enabling you to see exactly what you are
changing and ensure your changes suit the context.
</p><p>
However, unlike other web content management systems, it
fully integrates into the back-end database. This means
that when you edit a product description, image or price,
it updates the product database in real time, providing a
true self-service window into the business.
</p><p>
This provides a single source of data for your company and
removes the need to create offline synchronisation between
website and product database.
</p><p>
As it comes, there is a default website based on Bootstrap
3, the latest industry standard for rapid development of
multi-device websites backed by Twitter, so can be directly
integrated with many web tools and works across all devices
by default.
</p>
<h4>So, what does this mean to me and my business?</h4>
<p>
The CMS removes the need for Magento integration for the
shopping basket and Drupal/Joomla for the website. For any
organisation, this will reduce the technology footprint and
eliminate the complexities of FTP or file transfer data
uploads and exports which for many, are manual tasks.
Implementation is easier and the web designer can get
straight on with developing the site without requiring the
project management and interactions with site developers,
providing a quicker and more efficient deployment. However,
for larger sites, stringent process and project management
disciplines are still required to ensure a low-risk project.
</p>
<h4>How does it work in practice?</h4>
<p>
When items are placed in the basket, a sales order is
created automatically to reflect the basket contents.
Payments are recorded on the balance sheet and all
accounting journal entries are automatic. As it is in real
time, stock records are always accurate and decremented on
the fly when orders placed.
</p><p>
Automatic translations can be created for international
traders and available languages selected.
</p>
<p>
Customer queries and returns can be set up to use the case
handling system which will escalate depending on customer
spend, grouping or profile and notify relevant parties as
appropriate.
</p><p>
More information about the feature set can be found
<a href="https://www.openerp.com/website_cms" target="_TOP">
on the OpenERP website here</a>
</p>
<h4>Created in just four months</h4>
<p>
OpenERP competently manages customer and product data, and
has mature sales work-flow built in, so the addition of the
E-commerce module was achieved by presenting these
components through a customer-friendly interface so most
of the effort invested was creating the CMS functions. This
was achieved within just four months of development by a
core team of 6 OpenERP developers and significant community
support.
</p><p>
Inspiration has come from various other platforms including
Prestashop, Magento and Drupal and contributors bring many
years of industry experience across many platforms.
</p>
</div>
<section class="readable" data-snippet-id='text'>
<p>
OpenERP claims to be 'the Open Source software that makes
building your company's website and selling your products
online easy'. So how true is this statement?
</p><p>
"OpenERP's latest launch will allow a business to go from
zero to trading online quicker than ever before,” Stuart
Mackintosh, MD of Open Source specialist and OpenERP
integration partner, OpusVL, explains. “The investment
required to have a fully automated business system is
dramatically reduced, enabling the small and medium
enterprise to compete at a level of functionality and
performance previously reserved for the big IT investors."
</p>
<h4>
"Finally, the leading edge is being brought to the masses.
It will now be the turn of the big players to catch up to
the superior technologies of the SME."
</h4>
<p>
"This is another clever and highly disruptive move by
OpenERP,which will force other technology providers to
take another look at the value they are providing to ensure
that their 'solutions' can still compete."
</p><p>
"OpenERP now competes on many fronts, with no real
competition out there to knock them off the top spot.
With the launch of their integrated CMS and Ecommerce
systems,it only elevates their position as one of the leading
lights in the open source revolution. It will be at least 5
years before another ERP or CMS provider will be able to
compete at this level due to the technology currently
employed by most industry providers."
</p>
<h4>Adding to industry leading technology</h4>
<p>
Like many modern website editors, with OpenERP you can edit
content in-line, enabling you to see exactly what you are
changing and ensure your changes suit the context.
</p><p>
However, unlike other web content management systems, it
fully integrates into the back-end database. This means
that when you edit a product description, image or price,
it updates the product database in real time, providing a
true self-service window into the business.
</p><p>
This provides a single source of data for your company and
removes the need to create offline synchronisation between
website and product database.
</p><p>
As it comes, there is a default website based on Bootstrap
3, the latest industry standard for rapid development of
multi-device websites backed by Twitter, so can be directly
integrated with many web tools and works across all devices
by default.
</p>
<h4>So, what does this mean to me and my business?</h4>
<p>
The CMS removes the need for Magento integration for the
shopping basket and Drupal/Joomla for the website. For any
organisation, this will reduce the technology footprint and
eliminate the complexities of FTP or file transfer data
uploads and exports which for many, are manual tasks.
Implementation is easier and the web designer can get
straight on with developing the site without requiring the
project management and interactions with site developers,
providing a quicker and more efficient deployment. However,
for larger sites, stringent process and project management
disciplines are still required to ensure a low-risk project.
</p>
<h4>How does it work in practice?</h4>
<p>
When items are placed in the basket, a sales order is
created automatically to reflect the basket contents.
Payments are recorded on the balance sheet and all
accounting journal entries are automatic. As it is in real
time, stock records are always accurate and decremented on
the fly when orders placed.
</p><p>
Automatic translations can be created for international
traders and available languages selected.
</p>
<p>
Customer queries and returns can be set up to use the case
handling system which will escalate depending on customer
spend, grouping or profile and notify relevant parties as
appropriate.
</p><p>
More information about the feature set can be found
<a href="https://www.openerp.com/website_cms" target="_TOP">
on the OpenERP website here</a>
</p>
<h4>Created in just four months</h4>
<p>
OpenERP competently manages customer and product data, and
has mature sales work-flow built in, so the addition of the
E-commerce module was achieved by presenting these
components through a customer-friendly interface so most
of the effort invested was creating the CMS functions. This
was achieved within just four months of development by a
core team of 6 OpenERP developers and significant community
support.
</p><p>
Inspiration has come from various other platforms including
Prestashop, Magento and Drupal and contributors bring many
years of industry experience across many platforms.
</p>
</section>
@ -279,198 +266,190 @@
<field name="website_meta_description">Sorry SAP Campaign - The Making Of</field>
<field name="content_image">/website_blog/static/src/img/post3.jpg</field>
<field name="content"><![CDATA[
<section data-snippet-id="text">
<div class="container readable">
<div class="row">
<p>I needed to change the world. I wanted to ... You know how
it is when you are young; you have big dreams, a lot of energ
and naïve stupidity. My dream was to lead the enterprise
management market with a fully open source software.(I also
wanted to get 100 employees before 30 years old with a
self-financed company but I failed this one by a few months).
</p>
</div>
</div>
<section class="readable" data-snippet-id="text">
<p>I needed to change the world. I wanted to ... You know how
it is when you are young; you have big dreams, a lot of energ
and naïve stupidity. My dream was to lead the enterprise
management market with a fully open source software.(I also
wanted to get 100 employees before 30 years old with a
self-financed company but I failed this one by a few months).
</p>
</section>
<section data-snippet-id="text-image">
<div class="container readable">
<div class="row">
<p>
To fuel my motivation, I had to pick someone to fight
against. In business, it's like a playground. When you
arrive in a new school, if you want to quickly become the
leader, you must choose the class bully, the older guy who
terrorises small boys,and kick his butt in front of
everyone. That was my strategy with SAP, the enterprise
software giant.
</p><p>
So, in 2005, I started to develop the TinyERP product, the
software that (at least in my mind) would change the enterprise
world. While preparing for the "day of the fight" in 2006,
I <a href="http://whois.domaintools.com/sorrysap.com">
bought the SorrySAP.com </a>domain name. I put it on hold
for 6 years, waiting for the right moment to use it.
I thought it would take 3 years to deprecate a 77 billion
dollars company just because open source is so cool.
Sometimes it's better for your self-motivation not to
face reality...
</p><p>
To make things happen, I worked hard, very hard. I worked
13 hours a day, 7 days a week, with no vacations for 7
years.I lost friendships and broke up with my girlfriend in
the process (fortunately, I found a more valuable wife
now. I will explain later why she is worth 1 million EUR
:).
</p><p>
Three years later, I discovered you can't change the world
if you are "tiny". Especially if the United States is part
of this world, where it's better to be a BigERP, rather
than a TinyERP. Can you imagine how small you feel
<a href="http://www.slideshare.net/openobject/danone-deployes-openerp-locally">
in front of Danone's directors</a> asking; "but why
should we pay millions of dollars for a tiny software?"
So, we renamed TinyERP to OpenERP.
</p><p>
As we worked hard, things started to evolve. We were
developing dozens of modules for OpenERP, the open source
community was growing and I was even able to pay all
employees' salaries at the end of the month without fear
(which was a situation I struggled with for 4 years).
</p><p>
In 2010, we had a 100+ employees company selling services
on OpenERP and a powerful but ugly product. This is what
happens when delivering services to customers distracts
you from building an exceptional product.
</p><p>
It was time to do a pivot in the business model.
</p>
<h3>The Pivot</h3>
<p>
We wanted to switch from a service company to a software
publisher company. This would allow to increase our efforts
in our research and development activities. As a result,
we <a href="http://v6.openerp.com/node/465">changed our
business model</a> and decided to stop our services to
customers and focus on building a strong partner network
and maintenance offer. This would cost money, so I had to
raise a few million euros.
</p><p>
After a few months of pitching investors, I got roughly
10 LOI from different VCs. We chosed Sofinnova Partners,
the biggest European VC, and Xavier Niel the founder of
Iliad, the only company in France funded in the past 10
years to have reached the 1 billion euro valuation.
</p><p>
I signed the LOI. I didn't realize that this contract could
have turned me into a homeless person. (I already had a dog,
all I needed was to lose a lot of money to become homeless).
The fund raising was based on a company valuation but there
was a financial mechanism to re-evaluate the company up by
9.8 m€ depending on the turnover of the next 4 years. I should
have received warrants convertible into shares if we achieved
the turnover targeted in the business plan.
</p><p>
The night before receiving the warrants in front of the
notary, my wife checked the contracts. She asked me what
would be the taxation on these warrants. I rang the lawyer
and guess what? Belgium is probably the only country in
the world where you have to pay taxes on warrants when you
receive them, even if you never reach the conditions to
convert them into shares.If I had accepted these warrants,
I would have had to pay a 12.5% tax on 9.8 m€; resulting
in a tax of 1.2m€ to pay in 18 months! So, my wife is worth
1.2 million EUR. I would have ended up a homeless person
without her, as I still did not have a salary at that time.
</p><p>
We changed the deal and I got the 3 million EUR. It allowed
me to recruit a rocking management team.
</p>
<img class="img-responsive" src="/website_blog/static/src/img/OpemERP_board.jpg"/>
<h3 class="mt16">Being a mature company<h3>
<p>
With this money in our bank account, we boosted two
departments: R&D and Sales. We burned two million EUR in
18 months,mostly in salaries. The company started to grow
even faster.We developed a partner network of 500 partners
in 100 countries and we started to sign contracts with 6
zeros.
</p><p>
Then, things became different. You know, tedious things like
handling human resources, board meetings, dealing with big
customer contracts, traveling to launch international
subsidiaries. We did boring stuff like budgets, career paths,
management meetings, etc.
</p><p>
2011 was a complex year. We did not meet our expectations:
we only achieved 70% of the forecasted sales budget. Our
management meetings were tense. We under performed. We were not
satisfied with ourselves. We had a constant feeling that we
missed something. It's a strange feeling to build extraordinary
things but to not be proud of ourselves.
</p><p>
But one day, someone (I don't remember who, I have a
goldfish memory) made a graph of the monthly turnover
of the past 2 years. It was like waking up from a nighmare.
In fact,it was not that bad, we had multiplied by 10 the
monthly turnover over the span of roughly two years!
This is when we understood that OpenERP is a marathon,
not a sprint. Only 100% growth a year is ok... if you can
keep the rhythm for several years.
</p>
<img class="img-responsive" src="/website_blog/static/src/img/turnover_updated.png"/>
<p class="text-center" section_inner="1">
OpenERP Monthly Turnover
</p><p>
As usual, I should have listened to my wife. She is way
more lucid than I am. Every week I complained to her "it's
not good enough, we should grow faster, what am I missing?"
and she used to reply; "But you already are the
<a href="http://v6.openerp.com/node/1244/2012/10">
fastest growing company in Belgium!". </a>(Deloitte awarded
us as the fastest growing company of Belgium with 1549%
growth of the turnover between 2007 and 2011)
</p>
<h3 class="mt16">Changing the world</h3>
<p>
Then, the dream started to become reality. We started to
get clues that what we did would change the world:
</p>
<ul>
<li>
With 1.000 installations per day, we became the most
installed management software in the world,
</li><li>
<a href="http://www.amazon.com/OpenERP-Evaluation-SAP-as-Reference/dp/296008764X/ref=sr_1_3?ie=UTF8&qid=1351150366&sr=8-3&keywords=openerp">
Analysts from Big 4 started to prefer OpenERP over SAP,
</a>
</li><li>
OpenERP is now a <a href="http://www.nathan.fr/catalogue/catalogue_detail_enseignants.asp?ean13=9782091619262">
compulsory subject for the baccalaureate in France</a>
like Word, Excel and Powerpoint
</li><li>
60 new modules are released every month (we became
the wikipedia of the management software thanks to
our strong community)
</li>
</ul>
<p>
Something is happening... And it's big!
</p><p>
OpenERP 7.0 is about to be released and I know you will be
astonished by it.
</p><p>
The official release is planned for the 21th of December.
As the Mayas predicted it, this is the end of an age,
the old ERP dinosaurs.
</p><p>
It's time to pull out the Ace: the SorrySAP.com domain
name that I bought 6 years ago.
</p><p>
If you want to test the v7 version online, just go
<a href="https://www.openerp.com/"> the homepage.</a>
</p>
</div>
</div>
<section class="readable" data-snippet-id="text-image">
<p>
To fuel my motivation, I had to pick someone to fight
against. In business, it's like a playground. When you
arrive in a new school, if you want to quickly become the
leader, you must choose the class bully, the older guy who
terrorises small boys,and kick his butt in front of
everyone. That was my strategy with SAP, the enterprise
software giant.
</p><p>
So, in 2005, I started to develop the TinyERP product, the
software that (at least in my mind) would change the enterprise
world. While preparing for the "day of the fight" in 2006,
I <a href="http://whois.domaintools.com/sorrysap.com">
bought the SorrySAP.com </a>domain name. I put it on hold
for 6 years, waiting for the right moment to use it.
I thought it would take 3 years to deprecate a 77 billion
dollars company just because open source is so cool.
Sometimes it's better for your self-motivation not to
face reality...
</p><p>
To make things happen, I worked hard, very hard. I worked
13 hours a day, 7 days a week, with no vacations for 7
years.I lost friendships and broke up with my girlfriend in
the process (fortunately, I found a more valuable wife
now. I will explain later why she is worth 1 million EUR
:).
</p><p>
Three years later, I discovered you can't change the world
if you are "tiny". Especially if the United States is part
of this world, where it's better to be a BigERP, rather
than a TinyERP. Can you imagine how small you feel
<a href="http://www.slideshare.net/openobject/danone-deployes-openerp-locally">
in front of Danone's directors</a> asking; "but why
should we pay millions of dollars for a tiny software?"
So, we renamed TinyERP to OpenERP.
</p><p>
As we worked hard, things started to evolve. We were
developing dozens of modules for OpenERP, the open source
community was growing and I was even able to pay all
employees' salaries at the end of the month without fear
(which was a situation I struggled with for 4 years).
</p><p>
In 2010, we had a 100+ employees company selling services
on OpenERP and a powerful but ugly product. This is what
happens when delivering services to customers distracts
you from building an exceptional product.
</p><p>
It was time to do a pivot in the business model.
</p>
<h3>The Pivot</h3>
<p>
We wanted to switch from a service company to a software
publisher company. This would allow to increase our efforts
in our research and development activities. As a result,
we <a href="http://v6.openerp.com/node/465">changed our
business model</a> and decided to stop our services to
customers and focus on building a strong partner network
and maintenance offer. This would cost money, so I had to
raise a few million euros.
</p><p>
After a few months of pitching investors, I got roughly
10 LOI from different VCs. We chosed Sofinnova Partners,
the biggest European VC, and Xavier Niel the founder of
Iliad, the only company in France funded in the past 10
years to have reached the 1 billion euro valuation.
</p><p>
I signed the LOI. I didn't realize that this contract could
have turned me into a homeless person. (I already had a dog,
all I needed was to lose a lot of money to become homeless).
The fund raising was based on a company valuation but there
was a financial mechanism to re-evaluate the company up by
9.8 m€ depending on the turnover of the next 4 years. I should
have received warrants convertible into shares if we achieved
the turnover targeted in the business plan.
</p><p>
The night before receiving the warrants in front of the
notary, my wife checked the contracts. She asked me what
would be the taxation on these warrants. I rang the lawyer
and guess what? Belgium is probably the only country in
the world where you have to pay taxes on warrants when you
receive them, even if you never reach the conditions to
convert them into shares.If I had accepted these warrants,
I would have had to pay a 12.5% tax on 9.8 m€; resulting
in a tax of 1.2m€ to pay in 18 months! So, my wife is worth
1.2 million EUR. I would have ended up a homeless person
without her, as I still did not have a salary at that time.
</p><p>
We changed the deal and I got the 3 million EUR. It allowed
me to recruit a rocking management team.
</p>
<img class="img-responsive" src="/website_blog/static/src/img/OpemERP_board.jpg"/>
<h3 class="mt16">Being a mature company<h3>
<p>
With this money in our bank account, we boosted two
departments: R&D and Sales. We burned two million EUR in
18 months,mostly in salaries. The company started to grow
even faster.We developed a partner network of 500 partners
in 100 countries and we started to sign contracts with 6
zeros.
</p><p>
Then, things became different. You know, tedious things like
handling human resources, board meetings, dealing with big
customer contracts, traveling to launch international
subsidiaries. We did boring stuff like budgets, career paths,
management meetings, etc.
</p><p>
2011 was a complex year. We did not meet our expectations:
we only achieved 70% of the forecasted sales budget. Our
management meetings were tense. We under performed. We were not
satisfied with ourselves. We had a constant feeling that we
missed something. It's a strange feeling to build extraordinary
things but to not be proud of ourselves.
</p><p>
But one day, someone (I don't remember who, I have a
goldfish memory) made a graph of the monthly turnover
of the past 2 years. It was like waking up from a nighmare.
In fact,it was not that bad, we had multiplied by 10 the
monthly turnover over the span of roughly two years!
This is when we understood that OpenERP is a marathon,
not a sprint. Only 100% growth a year is ok... if you can
keep the rhythm for several years.
</p>
<img class="img-responsive" src="/website_blog/static/src/img/turnover_updated.png"/>
<p class="text-center" section_inner="1">
OpenERP Monthly Turnover
</p><p>
As usual, I should have listened to my wife. She is way
more lucid than I am. Every week I complained to her "it's
not good enough, we should grow faster, what am I missing?"
and she used to reply; "But you already are the
<a href="http://v6.openerp.com/node/1244/2012/10">
fastest growing company in Belgium!". </a>(Deloitte awarded
us as the fastest growing company of Belgium with 1549%
growth of the turnover between 2007 and 2011)
</p>
<h3 class="mt16">Changing the world</h3>
<p>
Then, the dream started to become reality. We started to
get clues that what we did would change the world:
</p>
<ul>
<li>
With 1.000 installations per day, we became the most
installed management software in the world,
</li><li>
<a href="http://www.amazon.com/OpenERP-Evaluation-SAP-as-Reference/dp/296008764X/ref=sr_1_3?ie=UTF8&qid=1351150366&sr=8-3&keywords=openerp">
Analysts from Big 4 started to prefer OpenERP over SAP,
</a>
</li><li>
OpenERP is now a <a href="http://www.nathan.fr/catalogue/catalogue_detail_enseignants.asp?ean13=9782091619262">
compulsory subject for the baccalaureate in France</a>
like Word, Excel and Powerpoint
</li><li>
60 new modules are released every month (we became
the wikipedia of the management software thanks to
our strong community)
</li>
</ul>
<p>
Something is happening... And it's big!
</p><p>
OpenERP 7.0 is about to be released and I know you will be
astonished by it.
</p><p>
The official release is planned for the 21th of December.
As the Mayas predicted it, this is the end of an age,
the old ERP dinosaurs.
</p><p>
It's time to pull out the Ace: the SorrySAP.com domain
name that I bought 6 years ago.
</p><p>
If you want to test the v7 version online, just go
<a href="https://www.openerp.com/"> the homepage.</a>
</p>
</section>
]]>
</field>