Will Cardwell, Director Building Start-Up DNA
Will cardwell presentation lithuania - oct 2011
Jan 13, 2015
Presentation to Enterprise Estonia Event
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Will Cardwell, Director
Building Start-Up DNA
WHAT PUT US OVER THE TOP?
Roberto CarlosHR Agility
Finnish Network
Reverse LearningFocused IP
WHAT HELD US BACK?
Complex Ecosystem
Unproductive Partnerships
Distressed Customers
Dripfed Finance
Fragmented Technical Solutions
Uneducated PublicSmall home market
The Case of Valimo Wireless
Types Of Entrepreneurship
• Lifestyle Entrepreneurship• Small Business Entrepreneurship• Scalable (High-Tech?) Entrepreneurship• Big Company Entrepreneurship• Social Entrepreneurship
• One size does NOT fit all!
3
90% of new jobs and radical innovations are born in new technologycompanies, startups
Hero !
5
Professor Rymantas Kazys, Ultrasound Institute,Kaunas University of Technology
Extreme Conditions !
6
Creating ”Startup DNA”1. Focus where competitive advantage is2. Enable and reward extreme work3. Agility to thrive amid unpredictable market shifts
A Grounding for Decision-Making under High Uncertainty
Steve Jurvetson, Managing Director, DFJ
Video Link
On Board Link
8
Understand Risk Taking and Failure
Ecosystem: promotes pioneering spirit embracing uncertainty, risk-taking and tolerating failure
Video Link
On risk taking and failuresEntrepreneur: you must not fail! (but BTW its OK if you do, keep trying!)
Tina Seelig, Executive Director, STVP
Video Link
On Board Link
10
Understand Youth and EnergyUniversities will drive the next Black Swans one way or the other
Mark Zuckerberg, Founder of Facebook
Public Private Partnership between Aalto University and TEKES
The Four Cornerstones of ACEBuilding successful companies that create jobs and prosperity.
EntrepreneurshipResearch
Entrepreneurship Education
Innovation Servicesand TechnologyTransfer
GrowthVenturing and
Start-Up Services
Aalto Entrepreneurship SocietyStudent-run, +3000 members strong.
Summer of startups10 weeks, 35 students, 750 euros, Global.
Startup Saunas200 applicants, 10 startups.Coached by real entrepreneurs with $200M VC raised and 20 exits among them
Apply Now! www.startupsauna.com
Venture Garage Video
Silicon Valley PartnershipPartnership with Stanford – Go learn from and with the Best.
PowerkissPowerkiss technology provides a simple, user-friendly and efficient way of keeping all your dear devices charged on top of any surface.
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AudioDraftAudioDraft offers companies a new and innovative way to order custom made audio from the artist and audio designer community by creating audio competitions.
2
ZenRoboticsZenRobotics Ltd., is specializing in robotic recycling technology. The company's main product is ZenRobotics Recycler, a waste sorting system which separates raw materials from waste
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