Ebootcamp Stanford april21_2013

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Tips for startup leadership.

Transcript of Ebootcamp Stanford april21_2013

Rebeca Hwang | YouNoodle April 21, 2013

Rebeca@younoodle.com

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

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

Linkedin

Slide

Yelp

Digg

Flickr

Ning

YouTube

Facebook

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

THANK YOU

rebeca@younoodle.com

@rebecahwang