INC Magazine 30 Under 30 Growco Conference Presentation: GiveForward

GrowCo 2015

$16.2 Billion

*Crowdsourcing.org

Innovation

Inspiration

Hurricane Katrina

Change Jar at Convenience Store

If You Want To Innovate, Build Constraints Into Your Business, And Then Swim Downstream, Fast

Constraint #1: We Can’t Code

Constraint #2: We’re Broke

Staged Photos Sent To Mom

May 2008

Reality

Total Company Assets: May 2008

Swim Downstream

Interns

Burritos

Business Card Innovation

If You Want To Innovate, Build Constraints Into Your Business,

And Then Swim Downstream, Fast

Innovation ≠ Brilliant Idea.Innovation = Iterative Idea + Great Timing

If Periscope Launched in 2008

Live Streaming In 2015 Will Crossover To The Mainstream Not Because It’s A Novel Idea But Because It’s An Iterative Idea With Good Timing.

+ +

=

Crowdfunding Interest Over Time

GiveForward launch Tik Tok hits $950K

FB + Twitter Blow Up

1. Innovation is a series of “Aha’s”;

2. Embrace constraints;

3. Pay attention to meta trends;

4. Make innovation part of your culture

Summary

Business