The 21st century startups

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This week, I’ve dived into innovation between TED and the first maker Startup Weekend. The emergence of 3D Printing, the acceleration of genetic engineering, the awakening of Robots technology… All of these innovation converging to a singularity. But mainly I see a lot of people having no ideas of what is happening in this 21st century. Being disconnected from these revolution will lead to trouble… Stay curious, and try to project yourself in the future… What will the world look like with instant DNA analysis, with 10 seconds 3d printing and with really “smart” robots?

 

 

Entrepreneurial Ecosystems : Do or do not there is no Try

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As I usually do, I’m writing this blog post on the fly. This morning (at 2am :) ) Marc pinged me about Brad’s next book. As you might know my favorite mentor’s quote is from  Yoda. Do or do not there is no try is pretty much what should leads every one who wants to make it’s community awesome! And seeing a All chapter titled that in Bard’s book got me exited!

Trying to clear my mind around such a broad subject is not easy. Many have tried and few have succeeded. Actually Brad and David are the only one I could look up to. What they did with Boulder is inspiring. We did experiment a lot too at Startup Weekend with the Startup foundation program we’ve learned a lot. Marc just wrote about it 

So you want to help your community? I’d like to list a couple of import points you need to keep in mind, . Again, don’t hesitate to get involve, even the most little thing is better than nothing. So keep Yoda’s wisdom in mind while reading this.

1. Charismatic Leaders

this might look obvious, but everything depends on it. I don’t consider the government being able to have the same impact as a Paul Graham a Brad Felds or any other kind of Yoda. These leader are usually passionate people living within the community, they might do that for fun, but never the less they are passionate and committed about it. Why is this necessary? That’s a good question, I guess a leader who have been successful will be more listened than challenged. Someone who could have the right intention but no leadership will have a hard time to be respected by it’s community.

 

 

 

 

 

 

 

 

2. Doers

That goes with 1. You want to create a saturation of local events / programs that help Entrepreneurs (cf our Entrepreneurial Ecosystem model) This is only possible if a local leader is helping vs being competitive. Some eco systems might have a lot of events, but if they are all passive events, or if they all focus on only one aspect of the entrepreneurial journey then it’s almost as useful as having no events! … The good news is that anyone can just pick a fight (yes including you!) so stop complaining and DO IT! The community  will help you to fix what’s wrong with the community (it’s like the force, you have to believe in it, and then you’ll fill it :)

 

 

 

 

 

 

 

 

 

 

 

3. Geographic Density of brilliant people aka build your startup church

If you’re in a city big enough to have a university you still want to create enough brain density to ignite the local Startup Revolution.  If you remember your chemical classes it’s basically the equivalent of a stoichiometric ratio. What exactly is this ratio? Well there is no solid study around it, but common sens tells me that when you go to a bar and talk to random people you should be able to find a lot of engineers and passionate startupers… How to solve that? Well by having a building that attract everybody who loves startups around it. There is a lot to be said on how to do that …

4. Promote the s.it out of your Success stories

Somehow that’s it, you’ve got a success story in your city! (yeah!). Be proud of it, get the community to help, if everyone gather around one success, it will shine back on the community.  This goes down to  kick out of the community the “leaders” who are just using the community for their own personal interest. You can’t have only people using the community, you need people to help. So be sure you get the right amount of doers to be tight to these success stories, to inspire more doers!

 

5. Don’t Retain Talent.

Well this one is touchy, but let’s assume your community sux, or is not the best. Do you want to try to fight against SF? Sure SF is not perfect etc… and you should not try to be SF. But even here is Seattle, we see people living for the valley. Why? well usually just to get to the next level and raise some precious VC rounds. So you have 2 options there. Option one trying to retain people, that usually leads to them living anyway. Option 2 is to let the people go and to support them. They will not only come back as friends but they will also help back and connect the city to more people and other eco systems. Don’t isolate yourself, embrace competition!

6. Rely on the local historical strength

SF recent historical strength was Hippies and Silicon Transistors (before it was gold rush!), that has led to the silicon valley. Detroit is Car, Vegas is leisure, LA is movies etc.. It’s hard to copy SF , but it’s also hard for SF to become LA or Vegas… The Startup Revolution is reshaping the economy, and that will involve using local talent, local university, local knowledge … (I should write a book of mine about that, adding it to my giant todo list)

 

7. Years of works and a startup weekend.,

That might look trivial, but none community will develop itself in a few years (there is a couple of bubble community out there and I bet they will pop like bubble startups) You can’t drive a community without a couple of successful and incremental cycles. It all started back in the 80-90s and the development of the open source and internet. Each wave created a new generation, and a lot have been lost after each wave. In France I was promoting the open source from my own non-profit. Today she’s still alive, and have evolved, but I still try to help if needed. (www.iteam.org) The second wave was the blogger wave (tons of people writing on internet) this wave helped to develop online communities around non-technical /non-research oriented subjects. The third wave is the incubator and co-working one (they are now growing physical entrepreneurial communities around the world) . To me the last one is us (that might look pretentious i konw :/) but I trully think that Startup Weekends have had a strong impact on every local communities. Sure there was hackatons / foo bar / bar camps or even install party before. But for the first time, entrepreneurs from all around the world can meet under the same flag at the earliest stage and LEARN!. So be sure you have a startup weekend in you city!

8. Politics

That’s the hardest one truly. If you’re living in the US everything should be ok. But what about France? I moved to the US for that only reason. The local eco-system in Paris is amazing, and people are brilliant. The density of events is ok, and for anyone who have been  to LeWeb (thx to Loic) and Paris is  a great city to live in (I miss French food so much!) But let’s be realistic the political history of France makes it a Socialist Country (I’ll right about that later, but it all goes back to Saint Simon). I don’t want to launch a political discussion around Socialism here  (economists / philosophers / historians would be  better to talk to)  But basically you can’t say that the socialism doctrine is entrepreneurial friendly (it values Social ownership vs Entrepreneurial one). If you build a huge company, you’ll have to face regulations that basically protect the employees over the employers. Companies and especially startups are fragile and governmental regulations are always challenging entrepreneurs( ie SOPA regulations in the US) . In some countries where Startup Weekend is, some entrepreneurs told us they had to be approved by the government to even think about launching anything!

So how to change that? Well in France I think Loic did the right thing (living the country but helping it by bringing awareness around France amazing eco-system.) Another option is to directly get involved in Politics, but that’s a tough move if you own a business (you will piss off 50% of your consumers who politically don’t agree with you) I think being politically neutral (helpin anyone who ask) while trying to do your best to help your country is the right move. Here in the US we’re lucky enough to work with The Kauffman Foundation who share the same spirit…

 

9.  ”All models are wrong, but some are useful” 

I love this quote from George E.P. Box. I kept that in mind when we came with this Entrepreneurial journey model with Marc. Having the right vision of who/what an entrepreneurial eco-system is helping, will lead to the right (or wrong actions). We’re here saying an ecosystem should help high growth entrepreneurs that looks obvious right?. But some other are taking the startup point of view (Investors) ,  or the job point of view (Politics). As Schumpeter understood entrepreneurs are the creativity the innovators / disruptors behind our economic system. Choosing of stability and statu quo over risk (look at how we react to the financial crisis) is tempting, but without innovation and entrepreneurship you’re just going to face a dead end. This is why we believe choosing entrepreneurs as our Compass / model is the right way to impact Job creation / Innovation in your local eco-system and … your country!

 

 

 

10. And many more … Talented and passionate people

 

f.

 

An MVP for dummies and business people (Part 1)

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If you’re an entrepreneur without a technical background, finding a technical co-founder can be a real challenge. But wait a second, you’re a business man (or woman) thus you should be able to sell a product (even if it’s just a powerpoint…) sadly for you slides are not fancy anymore, you need an MVP (a minimum viable product) it could be a webpage, an iPhone app…  Let’s see how to achieve that (this example is for a website page, but the principal is the same for any technology)

I’ve started to code since I was 6yo on my Ti4A and way after my Ms in Computer Science. I though I should write a little bit about coding on my blog. As I was writing about it, I realized the difficulty to explain how to make a basic webpage, not because of the actual complexity, but rather because of the vocabulary. In a way it reminds me consulting, you need to get to a certain level of bu…hit to be able to undersand basic things (ie HTML, CSS, Javascript vs TCO, KPI or Business Model, it’s all the same simple and elegant principle behind horrible names)

Once you’re not bothering about the naming, things are getting easier. (HTML becomes some basic structure like a title a paragraph etc, CSS becomes How I can make my Title blue and big with a nice font, Javascript becomes a way to bring some interactivity)

All you need to embrace is that trying is free, you can destroy all your webpage and start again and again, so don’t be afraid to try stuff to save pages to open them, to edit them, to modify them or even to add new stuff you’ve learned on google.

This is a very basic presentation, as I was running out of time, but I hope it will inspire you to dig a little bit into how to learn code by hacking existing one and searching documentation on internet / books… I’m teaching this methodology during my “firstcontacts” events feel free to join the next one in Seattle (ping me @peignoir)

Again this is for business people, I want to show you that basic programming is not only fun, it’s also useful. And truly what a better way to find a technical co-founder than being able to understand him a little

 

 

The Valley Cypher

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The first time you’ll go to the Valley, you’ll be overwhelmed by all the events, the startups, the big names everybody knows a VC or a startuper there, and most importantly everybody is so nice and so positive!

You have to know that the silicon valley have a specific vocabulary where everybody is super high energy and positive or drama oriented…

Here are some of the sentence you’ll meet along with their translations (tweet me new ones at @peignoir) Enjoy :)

 

1. Interesting

It means: “I don’t give a sh..t” or “this is really boring”.

You can use it if anyone is pitching you a startup you don’t care about, he will leave you happy with the certitude his startup is amazing!

2. That’s a great idea

It means : “I’ve seen in so many times” “that’s another foursquare for …”

3. Did you raise any money yet?

it means : “If you don’t, you’ll never make it, you should get a job”

4. I’m looking for technical co-founder

it means : “I though I could run a startup by myself,I have 0$ and no talents what so ever, do you know anyone stupid enough to work for free?”

5. Our startup was on Techcrunch

it means : “We’ve passed our prime, all I have is this 2 years old article”

6. I’m in stealth mode

it means “We’ve got nothing, we’re still figure it out what the f… we’re doing”

7. I’ve got a big meeting next week.

it means “It’s our last shot before I move back in with mom and dad”

8. Our startup is lean

it means “We’re reading books, one day we hope we’ll have a startup”

9. We’ve raised our second round

it means “We’ve burned so much cash, that if we don’t make it now no VCs will ever work with us again”

10. What is your social media strategy?

it means “I don’t believe you’ll ever get more than 10 users with what you’re doing”

11. This is a game changer

it means “We’ve copying somebody, and we think we’re doing a better job than they are”

12. Could you recomand me to a VC/Business Angel?

it means “I’m pretending to be your friend, and my startup is so shitty that nobody wants to talk to me”

13. I don’t think this will work, but I can help you if you want

it means “This is a great idea, I’m going to scr.w you”

14. Can I have your card and I’ll follow up?

it means “Live me alone, I will add your card to my collection”

 

By the way I love San Francisco, I just think people should be aware of what to expect there, if you don’t pay too much attention, you’ll get stuck in drinking your own coolness while hanging out in cool startups parties, this is the right way to build a great network and a fast death if you can’t execute on your project… Good luck to all of you there! :)

notes:

Why is it like that in the valley? Well I’m not sure but here is one explanation.

After the development of the silicon Valley (Starting in 1955 with Shockley Labs and Fairchild semiconductors)people started to work on startups that grow into what the valley is well know for today. At the same time around the 1968 the hippy movement and the Flower Power movements exploded around Berkley and SF. The mix of both created some years later a unique very positive attitude, that might not fit the reality of business. Thus a very specific vocabulary mixing the reality of business with the positive hippies positive and peace messages was born.

 

 

 

 

 

 

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Be Big, Think Small

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For 2 years, I felt like being on the top of a rocket ship at Startup Weekend. Things happen on a daily if not hourly basis. We have to fix tons of things one day and do that again the other day. The need for structure is thus ineluctable. I worked years setting up these structures for FT500 Companies, I know heavy structure pretty well. Setting up  organizational Matrix model, workflow, rules, ERPs… But what I know about big corps is how much they suck at spending their $ in an efficient way. Structures protects you against the reality, thinking you are Big (I hereby talk about your set of mind), give you an excuse to throw money away (why should we care about wasting 4k when you’re  a multi billion $ company? Governments are usually worst!) But when you’re a co-founder who’ve been going through a lot of hard time, you don’t want to see that kind of waste happening in your small company. I think Startup Weekend got that in it’s DNA. Sometime we might be tempted to forget about it, but if we do so, our sustainability would be jeopardize, and all our community would collapse. The best way to do that is to be transparent and to show the example, by not spending too much on everything, by being creative, by pushing everyone to the limit to follow passion rather than BIG Thoughts / Shiny Objects. Being lean is now (thanks to Eric Ries) also addressing management. I think Strategy and Companies Values can’t be totally disconnected from your managerial structure. When I say Think Small, I mean think like you’re small what would you do with a $0 budget and a plate of pasta, how could we solve this issue. Be big is your expectation, don’t give yourself a choice, just Be big, but think small … Or go home and dream BIG while you sleep…

 

Practical use:

Let say you’re facing a strategic choice / an operational one. Try to solve it with 0$ budget (or using your own money) This might go against every VC backed company but this way of thinking ended up being very useful for us …

 

 

Mentors are like Mushrooms

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Since a couple of years, I see more and more incubator growing and more and more “Mentors” helping them. My concern regards the drop of quality I see in mentoring. Not to mention that most of the entrepreneurs don’t know how to recognize a bad one…

If you want to go to the root of it I would recommend you to read Steve’s Blank  and David Cohen Blog post about mentors.

I did not read these great articles (shame on me) prior to write this presentation. First of all I  agree with the semantic differences between a teacher a mentor and a coach (here to simplify I just call them mentors as most of the people, falsely do)  In a way you can see a teacher becoming a mentor. It’s all about how much successful your teacher is, compared to you (ie if he as a Nobel Prize in Physics I would consider it a mentor) Secondly mentors and apprentice have a bilateral relation, one is learning from the other.

 

Here I wanted to bring awareness of three things.

1. Choose your mentors wisely, be aware of the toxic ones (like mushrooms!)

2. Look for unfair advantage provider as much as you can

3. Be brilliant (it looks cheesy, but life is short, and a lot of success stories involve academic honors or at least some kind of advanced  intellectual interests)

If you refer to the Startup Ecosystem map from the startup foundation (this is something we tested in 8 cities) I would consider a mentor being 2 step ahead of you. In this presentation I focus on startup’s mentors, by that I mean people who help you while you still try to stabilize your business model. Someone told me that steve jobs had a mentor, that is not totally correct at least on the Startup Phase.

 

Mentor was a character in the famous Homer’s Odysseus : “She was disguised to resemble Mentor, a wise chief who had led the Taphians in the Trojan war. Telemachos rose at once, like a gracious host, and took the right hand of the stranger and gave him a hearty welcome”. She, here refers to Athena (greeks loved complicated stories) but you can see that Mentor was a chief (a leader) who had led an army (pretty impressive nope?) to the biggest war of all time!

 

Enjoy the presentation, and remember avoid TOXIC MENTORS, develop your unfair advantages and keep working on expanding your knowledge!

 

send me your feedbacks : franck@startupweekend.org or at @peignoir

 

 

Where to start when you know you want to be an entrepreneur?

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I wanted my first post to describe why I’m working on Startup Weekend and The Startup Foundation… The main issue I tried to adress when I met Marc and Clint 2 years ago, was to answer this very simple question with one unique solution that would work anywhere around the world. Today this process is getting better and better, with the raise of co-working spaces and a new more mature startup culture. But still where should you start when you don’t know the community?

I would give you a simple advise that I’ve experienced: The best way to discover and start as an entrepreneur in the startup community is to: HELP THE COMMUNITY.

I started in Paris a couple of years ago by organizing Install Party for GNU/Linux, giving C courses at my school, working on our little non-profit (the Internet Team) to build a network in our school and help other students to discover the Open Source Software. A couple of years after, I discovered the first french co-working space (la cantine). I decided to hang out there as much as I could, trying to find the same crowd I met during my Open Source/Long hair years :)

I was disappointed, a lot more could be done… But instead of complaining I did fight to bring the first Startup Weekend in France. Some though it was crazy, but some friends and people from the community believed in it. They instantly helped me (Cedric Giorgi, Nathanael, Sacha Bostoni, Luc Bretones, Emmanuel Moll etc…) I’m sure I forget tons of them (sorry guys 1am here:) But my point is that if you try to help your eco-system, he will help back (unless it does not make sens) Some people try to “use” the eco-system and as weird as it sounds the eco-system feels that, and will just push you back.

So pick a fight, pick a passion, and lead a meetup help other organizers, hang out with startupers help them for free (yes free!) do that on your part time, but this is a great way to join an eco-system. This is a great way to show your qualities and your motivation. Working with startups require a certain amount of passion!

I will elaborate on that concept of active discovery later on…

 

 

 

 

 

Get Shit Done v2.0

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Well after trying to build my own blog in RoR, I must say I’ve been facing the challenge of time available. Between Startup Weekend and the few hours left in my life, WordPress is a way faster solution to implement. This site will evolve don’t worry! I can’t wait to write my thoughs and share some of my presentations / videos and publications…

This website will evolve with the time, but if you love Startups, technology and Startup Eco-system you should find some good things here to stimulate what’s left of your brain!

 

Welcome to my cult! mouhahah (evil laughs)