Monday, September 27, 2010

Priv Bradoo

Priv Bradoo
  • PhD on a gene discovery
  • "Business was for losers"
  • Am I empowered?
  • Old business school 301
  • PGSA 3rd board meeting
  • 3 to 13
  • Ironed out in retrospect
  • New set of challenges
  • Ecosystem has to be so entrenched
  • Infused into individuals
  • Could've been a scientist and could've been entrepreneurial.
  • If you don't ask then you'll die not knowing.
  • Opportunities exists but you have to put in the effort.
  • Hold onto your core.
  • Going to clean tech.
  • Success is your ability is have a fully rational understanding of the challenges but an irrational understanding if how to overcome it.
  • US didn't make sense for Lanzatech. China didn't work out.
  • Changed to water clean tech.
  • Singularity University
  • Entrepreneurship is a mindset not a job
  • Goal is to look inside; that there's more than one way.
  • Dream big then dream bigger.
  • Fail is subliminal. Ask how many times they have failed. If they haven't failed, then don't hire them.
  • Learn.
  • Let 1000 flowers bloom.
  • Branding
  • Non-for-profit seed fund for businesses.
  • Spark counted as work experience.

Thursday, September 9, 2010

Derek Handley

Hyperfactory:
  • 2001
  • Mobile advertising communications.
  • Agencies didn't know how big or how fast the mobile advertising would get.
  • Realized that the agencies would start to competing against each other so decided to go straight to the client.
  • Connect brands with their consumers using mobile SMS.
  • Business plan becomes a bog scribble.
  • Believed in the vision.
  • Checking-in to make site you're going towards the goal.
  • Using New Zealand as a test bed doesn't really work.
  • Get a foot in with Saachi & Saachi through a friend.
  • Dad had to mortgage his house for a quarter of a million dollars.
  • Prepared to take the risk to see the rewards?
  • Trouble: you have money. Tend to spend it too fast. Lose focus. Went to raise money from the market too late because of the global financial crisis.
  • Trim down the business.
  • When looking for capital, they got an offer to sell the business to a media company.
  • Took one year to wind back and correct the misalignment and different visions and bad hires.
  • Unwritten values hampered the hiring process.
  • Global benchmarking.
  • Time. Start early. The later you start, the more barriers that will come up.
  • If the customer wants customized products then you end up being a customized services business.