16. SOMETIMES IT is the right model!
!
!
!
!
!
!
You don’t want these folks to !
QUIT, SUCK, and FAIL!
17. BUT NOT FOR INNOVATION
Customer, product,
market unknown!
Solutions found via
trial and error!
Small, inexperienced,
teams!
Most fail,!
winners are huge!
18. FOR EXAMPLE
Quit school, quit jobs!
!
Poor management skills
initially!
!
Failed projects!
!
Near-death experiences!
22. PLEASE JUST STOP THIS
“That
seems like
such a time
waster”!
“They will
never make
money”!
“Companies
will never
trust that”!
“That team
has no
experience”!
23. “LIVE in the future”
• Smartphones !
• Cheap tablets!
• Wearables!
• Robotics!
• 3D printing !
• Self driving cars!
• Online universities !
• Crowdsourcing!
These will impact you – get in front of it
24. EMBRACE YOUTH
If you are young, jump in – don’t wait!
!
Give young people real authority!
!
No “paying your dues”!
25. quit, suck, and fail
If you aren’t growing, quit!
!
Be willing to suck!
!
Risk failure!
26. CREDITS & RECOMMENDED READING
“Lean Startup”!
- Eric Ries!
“Little Bets”!
- Peter Sims!
“Be a learn it all” !
- Bill Gurley blog!
Blog & “Startup
Owner’s Manual”!
- Steve Blank!
“How to get startup ideas”!
- Paul Graham Blog!