ebootcamp stanford april21_2013
DESCRIPTION
Tips for startup leadership.TRANSCRIPT
Rebeca Hwang | YouNoodle April 21, 2013
Twitter: @rebecahwang
Stanford e-Bootcamp Final Day
Ryan Marschang (Invisergy, USA)
2012 e-Bootcamp Winner
AIChE Donald F. and Mildred Topp
Othmer National Scholarship
He is an investor at First Round Capital’s Dorm
Room Fund
Featured on CNBC Finance
Hernando Zurutia (Hazfutbol, Peru)
2012 e-Bootcamp Finalist
“For me, coming from a small country and a college so
different, the impact was extraordinary. The
knowledge gathered from the program is
immeasurable. Now that I’m back here, I feel like a
complete expert in entrepreneurial topics and
think I’m able to lead other students like me on
their path for making new business.”
Ignacio Ayanz (ALP GROUP S.A, Argentina)
2012 e-Bootcamp Participant
“Getting to meet real investors with real objectives and
different frames of mind, was one of the most useful
experiences I had during this program. Also, meeting
fellow entrepreneurs, with all kinds of projects and
ideas was a most enriching experience, not only
because of the path every entrepreneur shares, but
also because of their different strategic visions,
depending, among other things, on their native
country.”
Fabricio Meuller, (V3D Studios, Brazil)
2012 e-Bootcamp Participant
“My participation at E-Bootcamp was a life change
experience. I had an incredible opportunity to
meet people from all around the world, to build
friendships, to gain a lot of knowledge, to meet
incredible entrepreneurs and to visit successful
companies.”
Homework
1. Build a billion dollar company
2. Keep in touch, become the ‘ebootcamp mafia’
3. Pay it forward in your local ecosystem
Homework 1
1. Build a billion dollar company
Motivation management
Information management
Network management
Homework 1
1. Build a billion dollar company
Motivation management
How to pay less and get 110%?
How are entrepreneurs’ motivations different
from corporate types?
Information management
Network management
Yes you can
Credit: Startup of You
Motivation: Startup employees are different
Personality traits of successful entrepreneurs
Personality Traits: Obsession
“Passionate” Obsessed
“ADD” Insatiably curious
“Rebellious” Healthy irreverence to authority
“Impatience” Action oriented
Personality Traits: Curious and “lucky”
Personality Traits: Resourcefulness
Intrinsic vs. Extrinsic Motivation
Need for achievement vs. independence
Personality Traits translation
“Passionate” Obsessed
“ADD” Insatiably curious
“Rebellious” Healthy irreverence to authority
“Impatience” Action oriented, Resourceful
“And then there is the most dangerous risk of all -- the risk of spending your
life not doing what you want on the bet you can buy yourself the freedom to
do it later.” - Randy Komisar
It’s about enjoying it.
Homework 1
1. Build a billion dollar company
Motivation management
Information management
Flexible persistence: To pivot or not to pivot
Which customer do I listen to?
Network management
Know what you don’t know
Expansive vs.Converging minds
Flexible Persistence
Credit: Startup of You
People leaves bosses, not jobs
The main source of anxiety at work is uncertainty
Decrease effect of information uncertainty
CEO = Chief Emotional Officer
Use small risks to gather information
Credit: Startup of You
Credit: Startup of You
Informed risk taking
Homework 2
2. Keep in touch, become the ‘ebootcamp mafia’
Help fellow e-Bootcampers
Increase e-Bootcamp’s brand equity
Join the e-Bootcamp Mafia
Peter Thiel, Elon Musk, Max Levchin, Roelof Botha, Chad Hurley, Steve Chen,
Jawed Karim , Jeremy Stoppelman, Russel Simmons , Premal Shah
Space X
Tesla
Slide
Yelp
Digg
Flickr
Ning
YouTube
Kiva
To be successful, you don’t need to know everything, you just need to know
who knows what
Credit: Startup of You
The e-Bootcamp Mafia
Credit: Startup of You
Homework 3
3. Pay it forward in your local ecosystem
local events
share the network you build during this week
help recruit 2014 participants
A rising tide lifts all boats
GDP: Startups founded by MIT founders generate
annual revenues of 2 trillion. (Kauffman study, 2009)
Jobs: net employment creation in the US over the last
30 years is predominantly lead by startups that are
younger than 5 years old. (Kauffman study, 2010)
Startups can change entire economies
An immersion program in high-tech entrepreneurship
JULY 1-26, 2013
Silicon Valley, USA
Join Us for YouNoodle Camp 2013!
YouNoodle Camp is a four-week program dedicated to
helping global entrepreneurs take their ideas from a
prototype to a new venture…the Silicon Valley way!
A Global Program with High Impact
Last year, there were…
13 countries represented including
Mexico, Malaysia, Iceland, Colombia,
Canada, and South Korea.
Top international competition
winners represented: Startup
Malaysia, Intel Challenge Latin
America and Stanford E-Bootcamp
12 start-up visits and discussions
with key decision makers and CxOs
at Y Combinator, Yammer, Google,
Yelp, Facebook and more
11 special networking events
4 weeks of fun personal and
professional growth in SF!
Objectives
1. Immerse participants in the Silicon
Valley entrepreneurial culture
2. Teach participants the fundamentals of
high tech entrepreneurship as
pioneered in Silicon Valley
3. Connect entrepreneurs to resources,
thought leaders, and serial
entrepreneurs
4. Help build and refine startups by the
end of the program
YouNoodle Camp Objectives
Talking to
Product Managers
at Facebook
Pitching to
Venture
Capitalists
Program Components You Can Expect
High-touch
Mentorship
from Silicon Valley
experts to develop
your idea.
Startup Visits
customized to game-
changing companies,
incubators, and
startups
VIP Networking
Events
to build long-lasting
bridges to Silicon
Valley.
Panels & Workshops
to help with ideation,
company
launch/growth, and
funding opportunities.
Widespread impact and social capital value – this is not
your typical classroom experience!
Summary: YouNoodle Camp helps startups
grow
Fundamentals
• Lectures
• Workshops
• Panels
Practice & Immersion
• Networking Events
• Company Visits
• Fun in SF!
Mentorship
• Venture Capitalists
• Entrepreneurs Pitch Day All teams will
pitch their
final projects
to VCs and
seasoned
entrepreneurs
.
Credit: Startup of You
