Intellectual Property can be a daunting topic for many up and coming startups to face. Is your innovative concept protected so you, and only you, can leverage the value you are bringing to customers? The more startup founders know about whether and to what extent patents and other forms of intellectual property will–and will not–help them capture the value created from their hard work, the better they can integrate IP Strategy into their business strategy. You should be leading your IP team – as opposed to being led by them, which is often the case.
Join Jackie Hutter, Principal of The Hutter Group, as she discusses.
Unless you’ve been living under a rock, you’ve realized we’re in the midst of the worst economy in over a hundred years. We’ve recovered in the past – just how different will it be this time? Entrepreneurs everywhere are asking, what the heck am I going to do? Should you strap your business in annd weather the storm, soak in the rain, or slump into a puddle? It’s not a great time to be launching your entrepreneurial endeavors, but it’s the perfect time to learn and grow.
Join Marc Gorlin, accomplished entreprenueur, along with KP Reddy and Bert Ellis as they discuss.
Too often, corporate innovation starts with opening a fancy new headquarters near a college campus and ends with sponsoring a hackathon or two. We'll explore perspectives from major corporations on the best approach to disrupt themselves from the inside out, creating measurable value for their organizations. Lead by Shadow Ventures Senior Associate, Brian Sayre
Climate change is impacting every aspect of the future of housing – where we build, how we design, and what products we use. These panelists, moderated by Jennifer Castenson, VP of Programming at Hanley Woods, are redefining how we think about where and how we'll live in the future.
Speaker, Anitha Vadavatha is an exponential technologies advisor, alumna of Singularity University (SU), founder of d.Cent Labs & an ExO Works consultant. She was recognized as one of the ‘Top Ten Frontier Women’ in Blockchain & Digital Assets by the UN-5th Element Group And is a mentor and advisor to AI, Blockchain, and Bio-Healthcare companies at SU Ventures, SU Smart City accelerator, and the CLSI & GSV Labs.
More corporations than ever are investing directly into early-stage companies and funds with the goal of implementing technology to improve their business while also providing equity. For startups, there are major advantages to taking capital from a strategic source, but also some drawbacks. This panel, moderated by Shadow Ventures' Senior Associate Nick Durham, aims to demystify what's happening in the world of strategic VC.
Thornton Tomasetti CTO, Rob Otani knows the future of design will require a fully integrated vertical process whereby architects and engineers intelligence will embedded throughout the entire building process - from conception to facilities management. To get there, the AEC industry needs to disrupt traditional delivery methods and industry standards.
Technology is already augmenting our jobs but when will the robots finally replace us? The answer isn't as straightforward as we think. Listen to Rosanna Beron of Infotycoon, Zlatko Bogoevski of Betterbot, Mike Brewer of RADCO, and Michael Myers of Hayvn discuss.
Dive into the nitty-gritty of optimizing new building technologies to drive value. The moderator comes from a global leader in energy management, Schneider Electric. It's his job to make sure our buildings, our infrastructure, and our mission-critical facilities are as smart as the vehicles we drive.
We're talking about Disrupting Tech's Relationship with Defense, and who better to do that than a guy who has consulted for the DOD while at Booz Allen Hamilton and deployed to both Iraq and Afghanistan while at Palantir before co-founding a company to modernize US military tech? Joining Shadow Summit Founder KP Reddy for a fireside chat, is Anduril Industries Co-Founder and COO Matt Grimm.
We're at the pinnacle of brick-and-mortar being rocked to its core by untraditional direct to consumer brands. The question now is what will the future look like for more traditional retailers as they fight to remain relevant. Leading this conversation, Shadow Ventures Marketing Strategist Kayla Merritt.
Ash Zandieh, CIO at CREtech led a conversation on the ways technology is disrupting commercial real estate with Chris Bledsoe, Co-founder of Ollie, Mark Smukler, Co-founder of Bixby, and Emir Dukic, Founder of Rabbu.
At the start of this year, who would’ve expected a pandemic to sweep the nation? Definitely not startups. From public policy challenges, to simple and complex legal problems, small businesses have been under hard pressure thanks to COVID-19. What can you do to navigate this struggling economy, keep your startup out of legal matters, and emerge strong as ever? Join accomplished professionals from Squire Patton Boggs – one of the world’s strongest integrated law firms – as they provide the business-focused insights needed to stay out of the legal swamp COVID-19 has birthed.
Join Amol Naik, Jonathan Picard and Pablo Carillo of Squire Patton Boggs as they discuss.
If you have any questions, feel free to reach out via email:
Amol - firstname.lastname@example.org
Pablo - email@example.com
Jonathan - firstname.lastname@example.org
During Shadow Summit 2019, co-founder of Great American Cookie Company and former CEO of Caribou Coffee, Michael J. Coles offered a snapshot of the wisdom for entrepreneurs he has gleaned after years of starting and leading companies. Through his story of personal and professional perseverance, Coles teaches that there are no limits to what an individual can accomplish.
During Shadow Summit 2019, Anton Dy Buncio, Co-Founder and COO, VIATechnik will moderate a panel that includes the following AEC professionals: Walker Thisted, Director of Business Development, FGP Atelier, Clive Jordan, Founder and CEO of LOD Planner, Corey Overton, Senior Design Lead, Chic-Fil-A centered on the future of BIM beyond design and construction.
During Shadow Summit 2019, Patrick Antrim, CEO & Founder of Multifamily Leadership, led a discussion with Kerry Kirby, CEO of 365 Connect, and Darren Williams, President at Portico, on how technology is reshaping multifamily real estate
The economic developer who has agreed to let us inside his mind is Brian McGowan. Taking us through this journey is Soon Mee Kim, the Executive Vice President and Global Diversity & Inclusion Leader for Porter Novelli.
We all wish our work teams could mesh like The Avengers. In the current economic climate, that may be a little far-fetched. Still – synergy is key when it comes to your small business/startup. Getting people working together is key – how can you facilitate teamwork in a work-from-home environment? What can you do to grow your team’s relations, chemistry and more? Most of all – how can you translate it to increased productivity?
Join Jerica Richardson, Founder & CEO of HackOut Ninja, as she discusses.
Current disruptions in the economy due to COVID-19 have thrown the relationship between sales representatives, BPMs and architects into a loop. In the past, everything was smooth – but the crisis we’re going through has thrown any normality down the drain. As tech becomes more prominent in the construction industry following the economy’s eventual recovery, just how will the relationship between BPMs, arhictects and sales reps reform?
A long-time accomplished professional in the built industry himself; Casey Robb joins to discuss.
For the past few years, a major pivot has been underway in the worlds of luxury and retail. As owners started to rethink what luxury means to high net worth consumers (and retail properties to the middle-class alike), the pandemic slam dunked over any immediate plans to action. After social distancing ends, just what will the demand be for projects, across the board? Will the current economic downturn – the worst since the 1920s – revert its dip anytime soon? For bored billionaires and centi-millionares, you gotta think the pandemic is driving them crazy. Will they still put stock into properties following the longest isolation and removal from their economic fantasies in their lives?
Join Sangeetha Ramkumar, founder & CEO of Satori@20, for a virtual talk via Zoom. She’ll be joined by DeAnna McIntosh, founder of The Affinity Group International, to provide insi
From Autodesk, to Procore, Yardi, and RealPage; many startups don’t realize the plethora of software providers that can offer help to their growing business. First of all – why should you even care about these platforms? If you’re in the AEC/CRE startup industry, you NEED to be using these providers to your advantage. From 3D design, to enhanced creativity, streamlined communication and more – don’t sleep on incumbent software providers. How do you deal with them? Which platform will suit your needs the best and just how software-integrated does your business need to be?
Join Matt Ohlman, CTO of Shadow Ventures; and Nick Durham, Senior Associate at Shadow Ventures; as they discuss.
Digitally Transforming a Campus delivering Great Experiences while Boosting Productivity – just what is Project Redmond?
Microsoft is planning a massive investment at its headquarters in a project that will begin next fall and last up to seven years. The new project at the 500-acre campus will include 17 new buildings (replacing 14 others), an additional 6.7 million square feet of renovated workspace, and “$150 million in transportation infrastructure, improvements, public spaces, sports fields and green space.” From Smart Buildings, cutting-edge AEC tech, built innovations, and more – it’s going to be envelop a lot of work. What’s the purpose? How is Microsoft transforming the built industry?
Join Emmanuel Daniel of Microsoft as he discusses!
Emmanuel Daniel is a Director in the Applied Innovation & Incubation team at Microsoft. His main focus has been partnering with the Microsoft real estate group to create smart spaces within a campus and to transform employee experiences through innovative technologies and devices. This work with the real estate team also extends to digitally transforming the employee experience in the Microsoft campuses worldwide, starting with the modernization of the East campus in Redmond. Creating smarter spaces that enable productivity, that optimize time and resources across campuses and buildings is directly aligned to Microsoft’s mission to empower every person and every organization on the planet to achieve more.
A popular investment by Silicon Valley VCs, Klickly has quickly become one of the most successful startups of the last few years. How’d it get there? Hear the full story from the founder & CEO Cooper Harris, as well as strategies and tips to boost your own towards stardom! Don’t end up like 90% of startups that fail – the keys to success are simple.
Join via Zoom as she discusses!
Cooper Harris is a California-based entrepreneur and the founder and CEO of Klickly, a data-driven impulse-payments platform that powers headless commerce. Emerging as a pivotal figure in the west coast tech scene, Cooper has been nominated for Google’s “Young Innovator” award, L’Oreal’s “Digital Woman of the Year,” won InformationAge’s Women in I.T. “Entrepreneur of the Year” and named by Adobe as a “Top Thought-Leader” at Cannes. Cooper is a favorite speaker at international summits including CES, Cannes Lions, Shoptalk, SXSW, Sundance, Los Angeles TechWeek, London Tech Conference, and more, speaking on advances in eComm / Retail Tech / FinTech, fostering women in STEM, and disrupting the status quo using technology/innovation.
She’ll by joined by Shadow Ventures CEO K.P. Reddy to provide insight.
Over the last few months, we’ve witnessed the global pandemic change the way people live, work, and interact with each other. It has forced the acceleration of technology adoption and shattered the status quo at a rate never seen before. Nick Durham, Senior Associate, Shadow Ventures will sit down with Danielle Dy Buncio, Co-Founder and Chief Executive Officer of VIATechnik for a fireside chat discussing how AEC firms can effectively transition to the industry’s new normal. They’ll dive into a discussion on how technology and innovation will be core to successful companies’ responses to a post-COVID world.
How can the AEC industry get through this? Find out.
Danielle Dy Buncio is the Co-Founder and CEO of VIATechnik, a virtual design & construction consulting and implementation firm transforming the real estate and construction industry. . For her innovative contributions to the AEC industry, Danielle was awarded Building Design + Construction’s 40 Under 40 in 2018 and ENR Top Young Professional National 20 under 40 in 2019. Danielle serves on the Board of Directors for Ryan Companies US, a $2B Integrated Real Estate Development, Construction, and Design firm and J.F. Brennan, a 100 year-old firm specializing in marine and heavy civil construction. She holds a BS in Civil Engineering from Stanford University and an MBA from the Kellogg School of Management at Northwestern University.
Growth is an essential step in a startups life cycle – but legal issues can be a big bump in the road. What issues and cases should you be prepared to face, combat, and tackle in the early-stage processes of your business? Can you slay the legal dragons alone – or should you call for help? How can you best prepare your startup to smoothly sail to investments, profit, and exponential booming without legal issue?
Join Jerry Cohen, Russ Korins and Larry Tauber of Cohen Tauber Spievack & Wagner P.C. as they discuss.
If you’re a startup, growth is definitely on the mind. Is your brand prepared to sky-rocket? From copyrights, to patents, to other intelletcual property matters, you need to have it protected at all cost. Shielding your startup can lead you down the path to success. How do you grow and foster your IP? What common hiccups so young startups make that you can easily avoid? Topics will include patents, trademarks, international considerations, and issues arising with co-founders, independent contractors, and employees.
Dimitri Dovas is a registered patent attorney who focuses his practice on patents, trademarks, and other intellectual property matters. He founded Dovas Law, P.C. in 2006 to meet the needs of domestic and foreign clients including corporations, law firms and individuals. Prior to entering the field of law, Mr. Dovas was employed in the transportation and defense consulting industries with responsibilities including engineering analysis, product design, and project management. Mr. Dovas holds degrees from Rutgers School of Engineering (BS) and Rutgers School of Law (JD).
This recording provides general information which is not intended as legal advice and not intended to create an attorney-client relationship. Before relying on any information contained herein, appropriate legal counsel should be consulted.
The COVID-19 pandemic is quietly shifting the future of live events as we know them. When social distancing ends, how will the parties, lunch & learns, corporate meetings, hackathons & more re-form? Changes will be made – but just how drastic will they be?
Join Mike Walbert, Executive Director of A3C, as he shares his thoughts!
Since 2009, Mike has been the executive director and co-owner of A3C Festival & Conference. He’s led the growth of the company from a local showcase to an internationally recognized institution in hip-hop culture and one of Atlanta’s most important annual events.
We’re in the midst of the greatest economic downturn since The Great Depression. How can you lockdown a job during The Great Lockdown? Is a work-from-home position a feasible long-term fix to your employment status?
Join Veronica Jenkins, Head of Global Talent at the HIVE Talent Acquisition Firm, for a virtual town hall via Zoom!
As Head of Global Talent and co-founder of HIVE Talent Acquisition Firm, Veronica strives to put the focus back on people within the HR space. She is a thought leader within the HR community and is driven by the positive change that HR stands to effect within the world. Veronica has HR recruitment and talent management experience in just about every industry including IT, Supply Chain Management, Hospitality, Medical, Finance & Accounting, and Telecom. She is also a certified HR professional in Diversity & Inclusion and has years of experience in Strategic Planning. In her spare time, Veronica enjoys cooking and traveling with her family.to
Come to her town hall to hear all the insight and tips surrounding the current job hunting situtation – which is not the easiest! Discussion and questions are encouraged.
Angel investing is a boom or bust field. Do you have what it takes to succeed, especially in today’s questionable economic climate? Learn insight and strategy from an accomplished angel investor!
Join Asher Leids, successful angel investor, for a virtual talk.
A former attorney, Asher’s legal career was abruptly ended in 2001 when, while on his way home after completing the sale of a client to a foreign purchaser, he was rear-ended by a drunk driver who was travelling at over 70 MPH. After numerous spinal surgeries and medical procedures, this led him to angel investing where one focus is to look for new companies and technologies that can help with spinal and nerve injuries and pain management.
He’ll be joined by Shadow Ventures’ own Nick Durham to provide insight.
New to venture capital & angel investing? Struggling to find a pathway to success? Or are you simply interested in the plethora of potential VC offers?
Join Yaakov Zar, founder of Lev; acommercial real estate finance brokerage, for a virtual town hall. He’ll cover the tips and strategies vital to building a successful venture.
At Lev, Yaakov leads a team of the industry’s hardest-working capital market advisors, powered by real estate’s most advanced capital platform to find and close the right loan for your property. Using machine learning and artificial intelligence, Lev identifies the best financing scenarios and lenders for every deal, based on historical data and lender activity. Come and ask him all about finance, real estate, and building a successful venture!
Join Jennifer Castenson, the vice president of programming for Hanley Wood, for a virtual town hall, featuring a special guest!
Innovation is one the key factors driving the housing market in today’s world. Just how can it still be utilized and proven effective given the current economic climate?
At Hanley Wood, Jennifer provides leadership and collaboration across all verticals in housing to drive innovation. She develops and curates content across a variety of forums to provide audiences with fresh, innovative perspective.
Join David Nour, CEO of the Nour Group, for a virtual talk!
If you’ve ever tackled a key challenge or an opportunity, only to find out half-way there that there is no one following you, you understand that crisis leadership is all about relationships.
From a foundation of trust to clarity of the message, and the authenticity of the messenger, the likely leader, must be believed before she/he can be believed-in. You want others to follow you through the current crisis? Let’s take a closer look at the depth and breadth of your strategic relationships amid the crisis and the ten attributes of your brand.
BTW, your strategy became obsolete last month when the global economy shut down! Crisis leaders are assessing and re-assessing their strategic priorities on a daily basis, making simple, clear, consistent communication more critical.
Do you have the right people in place to navigate the new rules and new norms? Learn how you can leverage a science-based approach to make sure you have a solid core team in place to to survive and thrive. Stay strong, keep a tight bond, and wield the right strategies to get your crew through the current craziness.
Join Scott Henderson, Gallup-Certified Strengths Coach; community cultivator and world-class connector for a virtual coffee chat.
Not enough, just enough, more than enough. Do you believe in a world of abundance or scarcity? Shed your limiting beliefs by understanding why some people believe in a world of not enough, some believe in a world where there is just enough, and why the most successful people believe that we live in a world where there is more than enough for everyone to be happy.
Join David Meltzer for a virtual town hall. David is the Co-founder of Sports 1 Marketing and formerly served as CEO of the renowned Leigh Steinberg Sports & Entertainment agency, which was the inspiration for the movie Jerry Maguire. His life’s mission is to empower OVER 1 BILLION people to be happy! This simple yet powerful mission has led him on an incredible journey to provide one thing…VALUE. In all his content and communication that’s exactly what you’ll receive.
Join Jit Kee Chin, Chief Data and Innovation Officer at Suffolk; for a fireside chat.
At Suffolk, Jit is responsible for leveraging modern advances in data and technology to improve the organization’s core business. She is responsible for helping Suffolk achieve its vision of transforming the construction experience, and rethinking how we build in the digital age. Prior to Suffolk she spent 10 years with McKinsey and Company advising Fortune 100 companies on strategic, commercial and advanced analytics topics. Jit graduated from Caltech with a BSc in Physics and English Literature and later received her PhD in Physics from MIT.
She’ll be joined by Shadow Ventures’ CTO Matt Ohlman. Matt has an extensive background rooted in startups, the built industry, and more.
Come listen to them discuss how you can predict outcomes in the construction market as easy as a poker world champion wins hands!
Join Matthew Abeles, VP of construction technology and innovation at ABC, for a virtual AMA.
Abeles, who has advised and raised capital for many construction technology companies, is a recognized leader in the field. In 2014, he co-founded BuiltWorlds, a media company and digital network for construction, real estate, finance and development leaders, which hosts global events and produces industry research. In this role, he was responsible for outreach to established and emerging players in the construction and real estate sectors developing next-generation technologies, as well as talking to influential audiences about the future of the construction industry.
Can the property management industry continue its skyrocketing growth through the COVID-19 pandemic? Are you a business owner, startup leader, or interested professional looking for advice and tips on how to navigate the economical downturn in Prop. MGMT?
Join Omri Stern, founder & CEO of Jones, for a virtual coffee chat.
Jones is a software company that solves the most archaic workflow in commercial real estate – insurance certificates. In just 18 months, Jones software has been adopted by over 1,000 office, retail, industrial and multi-family assets with companies such as JLL, Rudin, and Prologis. Prior to founding Jones, Omri was the first sales hire at Zerofootprint, a software company helping real estate owners to optimize energy usage. Omri earned his MBA from Harvard Business School, his undergraduate degree from the Inter-Disciplinary Center and served in the Israel Defense Forces.
Join Craig Deitelzweig, President and CEO of Merchants’ National Properties, for a virtual talk via Zoom.
Craig oversees a portfolio of more than 5 million square feet of space across the US, including marquis properties such Cross County Shopping Center in Yonkers, NY (the first open air shopping center in the US), 10 Grand Central and 545 Madison Avenue in NY, NY, 207 Peachtree Street in Atlanta, GA, and numerous development sites in markets such as Washington, DC and Boston, MA. Additionally, he is a member of the Shadow Ventures Strategic Advisory Council.
He’ll be joined by our own Nick Durham, an associate at Shadow Ventures. Nick has a plethora of experience in the built industry, managing startups, creating awesomeness and more.
They’ll discuss the current New York real estate scene, how its being effected by the global pandemic, economic downturn, and more!
Join Brandon Huffman, the managing principal & portfolio manager at Rubenstein Partners, for a virtual town hall via Zoom. Brandon has been in the financial business for almost 15 years, and has a plethora of knowledge when it comes to investing, dealing with equity, and more.
Join Ginny Miller, the Vice President of Technology and Innovation at Jamestown Properties, for a virtual town hall via Zoom. Jamestown is a design-focused real estate investment and management company with a 35+ year track record and a clear mission: to transform spaces into innovation hubs and community centers. Ginny joined Jamestown last year after receiving her MBA from Harvard Business School. Prior to business school, she led corporate innovation consulting engagements with Fortune 500 brands.
Come hear her discuss how technology is propelling Jamestown through the COVID-19 crisis!
Join Sara Buxton, owner and co-director of the Chicago Center for Behavioral Medicine & Sport Psychology (CBM); and Nick Durham, senior associate here at Shadow Ventures; for a fireside talk via Zoom. At the CBM, Sara and her team strive to guide individuals, groups, and teams to reach their personal bests – physically, mentally and emotionally. CBM believes in the power of the mind to manage behaviors, find focus, commitment, and motivation to prosper in life. The COVID-19 pandemic is spreading fear and stress throughout the lives of millions, come gain insight on how and what you can to do better yourself – and not fall victim to the vulnerability that is oh-so present in the current world.
Join L.D. Salmanson, CEO and Co-Founder of Cherre, for a virtual town hall via Zoom. L.D. has extensive experience founding, advising, and investing in leading private technology companies. Prior to founding Cherre, L.D. served as Executive Director of Oppenheimer’s Private Shares Group, after Oppenheimer acquired Greencrest Capital, a firm he co-founded to enable pre-IPO transactions in some of the largest private technology companies in the world, including Facebook, Twitter, and Uber.
Join our Founder, K.P. Reddy, and global strategist and entrepreneur Anitha Vadavatha for a spirited discussion on the implications of the current COVID-19 crisis. Learn what your next best steps could be as a startup founder, corporate innovator, or investor from two people who had been there.
Join Kent Jones, instructor and sales team coach at Georgia State University’s J. Mack Robinson College of Business, and the founder and managing director of MarketPlan Product Marketing LLC for a virtual town hall. Kent is a sales architect, college instructor, and award-winning sales coach on a mission to develop the next generation of sales and marketing leaders. He’s also a technology sales and product marketing specialist. He help startups and large enterprises supercharge their sales results, find new opportunities, and build winning solutions customers will pay for. Come hear him talk about sales, business, marketing and more!
Join Dr. Sam Chandan, Larry & Klara Silverstein Chair in Real Estate Development & Investment; Dean of the NYU SPS Schack Institute of Real Estate; Host of SiriusXM Real Estate Hour; Professor at Penn’s Wharton College of Business, to discuss the current real estate climate, how its being effected by the COVID-19 pandemic and more. KP Reddy, a serial entrepreneur and accomplished investor, joins Dr. Chandan to provide additional insight.
Join Sean Devine, founder and CEO of XBE LLC – a Chicago-based startup offering a horizontal construction optimization solutions provider – along with Nick Durham, senior associate here at Shadow Ventures, for a virtual town hall. Sean is an entrepreneur, programmer, and logistics expert who has plenty of experience in marketing, business development, and more. Nick has been in the startup game since college, and has gone along to work in marketing, communications, and now venture capital. Come listen to them discuss a myriad of topics!
Are you mentally and emotionally prepared to lead your company through the great disruption of the COVID-19 pandemic? Learn a proven framework for how you can overcome setbacks, leverage opportunities, and keep yourself fresh. Join Scott Henderson, Gallup-Certified Strengths Coach; community cultivator and world-class connector for a virtual coffee chat, as he gives advice on when it comes to feeding your roots in crucial times of need.
I remember the day in 2008 when my bank called me and asked for a meeting. I was running a startup that was gaining incredible traction—until 2008, that is. My startup was focused on the construction industry. The bank gave me notice on our line of credit; we had 30 days to pay back the money that had been covering the majority of our expenses. MORE
Over the last four years, I have had four exits per year. Wow, right? Except that an “exit” doesn’t necessarily mean a positive one. Thankfully, most of mine were positive. As an investor, an exit is not a super emotional event. If we make a great return, our investors say “thanks for doing your job.” And if we don’t, they question whether they want to invest in our next fund. Either way, it is not a major personal life event.
But for an entrepreneur, the exit is a major milestone. The reality is that VCs do pretty well financially when there is a win, but the entrepreneur does amazing. The entrepreneur can go off and buy a sports team. VCs can’t afford one.
Venture capital is broken. It’s broken because fund managers don’t understand what it takes to succeed. They likely entered VC because it was trendy and they saw big money in tech, but they don’t know how to dig in and execute on the work.
In part 1, Innovation is Killing the Planet, I discussed innovation’s role in climate change. Innovation has created abundance, and abundance has created waste. And unfortunately, the built environment is the #1 producer of waste in the world. Technology created this mess—but it’s also the solution.
This week I had a great conversation with a friend who does freelancing consulting. She was facing the challenge of hitting her income potential. She’s a one-person operation and has a fixed number of hours that she can work. So say she has 40 hours a week available and, accounting for other non-billable activities, can bill 25 of those. Let’s say she currently bills at $50/hr. She has 2 choices: work more billable hours, or raise her rates. Working more billable hours is simple. Raising rates is more complex.
Last night I was at dinner with a mentor, and we were discussing my goal of writing an article every day. So far, this goal hasn’t been easy, but it also hasn’t been the hardest thing that I’ve done. He asked me a great question: “why?”
I told him that my purpose is twofold. First of all, I think it’s important for me to process my daily activities and everything I’ve learned that day. Secondly, I want to share knowledge with my community.
I have monthly calls with the CEOs of all my startups in our 50+ company incubator. The one-on-one time is great. However, I am now trying to build a better scale for sharing knowledge. I want to write enough that I can prescribe content to my startup CEOs and LPs. I’ve also been building quizlets for the content. I’ve historically provided recommended reading to CEOs that I coach, but I never knew if they actually read those articles.
I’ve been a full-time investor for the last three years. I do some paid speaking and advisory work here and there, but I make my living generating returns for myself and my co-investors. It is hard — very hard, actually — but it’s also the most fun I’ve ever had. It barely feels like work. Writing checks to entrepreneurs is fun, receiving checks upon liquidity events is downright exhilarating, and it’s absolutely fascinating to watch the dance between startups and investors.
The planet is on fire. Literally. Australia is in the middle of a particularly devastating bushfire season. I’m not here to debate climate change or how bad it is or isn’t; what I want to focus on is waste.
Many entrepreneurs view an IPO as the height of success. My version of ultimate success would be the Department of Justice showing up and saying they need to break up my company because we’re a monopoly. #goals.
All startups should have a vision of becoming a monopoly. How do you create a monopoly when you’re bootstrapping? Well, I’ve never done it, so take this with a grain of salt. But I think we can use the example of a lemonade stand to see how it’s done.
I launched my first tech startup when I was 22. I was working in civil engineering by day, and coding on nights and weekends. I was both sales and development. I went full time at 25. I owned sales while my partner owned development. All of my initial sales — a bunch of $500-$5,000 web sites — were through friends and family connections.
Going it alone as an entrepreneur is often a recipe for disaster.
I’m not saying you don’t have what it takes; I’ve just seen far too many solo entrepreneurs fail. Startup success is not just about the entrepreneur and their idea. It has a lot to do with the environment an entrepreneur must operate within and how that environment shapes their psyche.