EMBRACING DISRUPTION UEDA Summer Forum, Grand Rapids

John McElligott August 4th 2015 CEO of 3TC Development and the Fortress

Understanding Disruption

The Millenial Mindset

The four stages of Disruption

How we got Here

What we do from

here on out

The Second Machine Age

The world’s largest taxi firm, Uber, owns no cars.

The world’s most popular media company, Facebook, creates no content.

The world’s most valuable retailer, Alibaba, carries no stock.

And the world’s largest accommodation provider, Airbnb, owns no property.

What is Disruption?

Disruption vs

Innovation

The 4 stages of Disruption

Steven Sinofsky, board partner at Andreessen Horowitz, an advisor at Box Inc. and an executive in residence at Harvard Business School.

Stage One: Disruption of Incumbent

Stage Two: Rapid Linear Evolution

Stage Three: Appealing

Convergence

Stage Four: Complete

Reimagination

EXPERTS SAY WE ARE AT THE BEGINNING OF…..

“THE SECOND MACHINE AGE”

I’m not talking about this guy!

The Second Machine Age

Smart Factories and Networked Manufacturing.Industry 4.0

Medical, Educational, Consumer and Industrial.Robotics & Internet of Things

Technology that learns, adapts, and “evolves” to become more efficient on it’s own.

Artificial Intelligence & Software Bots

Rise of the Social Robot

Release DateSEP

2015

$599.00$

$27,300,000 +VC

Our Future World in 1999 According to 1966 Reader's Digest Book

The World of the futureOr so we thought!

The World of “Back to the future”“We don’t need roads!”

The Invention of Chess

18,446,744,073,709,551,615 grains!

1/3

What do you do?

Embrace New Technology

Embrace young companies

Simplify & Streamline Processes

Answer Questions, Resolve Concerns, & Solve Problems

On Your Website

Accept Disruptive technology as

Inevitable

Don’t rely on older tactics to prevent

change

Do not be the villain

Do not be the Dentist

Be real with yourself and others in your

Industry

SunPort plug lets you use solar energy even if you don’t have solar panels

•Allows you to take advantage of SRECs in an effortless way

•Recently launched on Kickstarter

• A way to buy/use solar energy in tiny chunks, instead of buying/using it by the megawatt-hour, or installing your own

solar panels

• Breaks up megawatt-hour into microcredits (SunJoules) that you can use on a smaller scale.

Embrace Disruptors

EMBRACING DISRUPTION

Questions? contact us at JMcElligott@3TCDevelopment.com