The Speed Of Learning - Startups and Corporates
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18-Oct-2014 -
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Transcript of The Speed Of Learning - Startups and Corporates
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Speed of LearningThe Fastest Learner Wins
Mick @liubinskas#startupspeed
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Mick @liubinskas#startupspeed
Fast?
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Mick @liubinskas#startupspeed
Slow!
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Mick @liubinskas#startupspeed
My Challenge:24 hour Action
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Mick @liubinskas#startupspeed
Corporate
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Mick @liubinskas#startupspeed
1. Why I’m fast2. Startup Speed3. Corporate Speed
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Mick @liubinskas#startupspeed
Fast Life Story
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Mick @liubinskas#startupspeed
Commodore: 64
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Mick @liubinskas#startupspeed
16: Networks
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Mick @liubinskas#startupspeed
IBM: 11 Months
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Mick @liubinskas#startupspeed
.com: $35k
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Mick @liubinskas#startupspeed
Kazaa: 300m Downloads
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Mick @liubinskas#startupspeed
Orphans to school: 25
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Mick @liubinskas#startupspeed
Zapr: 100m Fail
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Mick @liubinskas#startupspeed
Tangler: $1.5m Fail
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Mick @liubinskas#startupspeed
Pollenizer: 800 Startups
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Mick @liubinskas#startupspeed
Telstra: 5 Months
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Mick @liubinskas#startupspeed
Fastest Learner Wins
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Mick @liubinskas#startupspeed
What startup is it?
Initial total addressable market of
20,000 &1 feature...
Worth billions?
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Startup Science
Not like this
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Startup Science
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Startup Science
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Mick @liubinskas#startupspeed
Speed?
10m changes
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Mick @liubinskas#startupspeed
Fastest Learner Wins
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Mick @liubinskas#startupspeed
“Faster failure!”
Paul McReady
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Mick @liubinskas#startupspeed
Old school
• Big planning
• Big building
• Big launch
• Big fail
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Mick @liubinskas#startupspeed
Guessing4
StartupNew product
/ biz
Customer Guess Known
Problem Guess Known
Solution Guess Guess
Customer demand
Guess Known
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Mick @liubinskas#startupspeed
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Mick @liubinskas#startupspeed
![Page 30: The Speed Of Learning - Startups and Corporates](https://reader031.fdocuments.in/reader031/viewer/2022020206/54423cf9b1af9f3d0a8b45b0/html5/thumbnails/30.jpg)
Mick @liubinskas#startupspeed
Fastest Learner Wins
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Startup Science
Pain
/Need
Customer segments
FocusedCustomer
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Startup Science
Core Supporting Crap
FocusedProduct
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Startup Science
Speed Everywhere
• Building
• Marketing
• Measuring
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Mick @liubinskas#startupspeed
How fast?
• First customer in 24 hours • 24 minutes
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Mick @liubinskas#startupspeed
Speed Everywhere
• Building• Marketing• Measuring
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Mick @liubinskas#startupspeed
ManualTest?
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Mick @liubinskas#startupspeed
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Mick @liubinskas#startupspeed
Speed is everything
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Mick @liubinskas#startupspeed
Startup Speed For Corporates
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Mick @liubinskas#startupspeed
Corporate Challenge
Startup Corporate
Risk Minimal Billions
Personal Benefit
Billions Minimal
Size Tiny Huge
Speed Fast Slow
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Mick @liubinskas#startupspeed
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Mick @liubinskas#startupspeed
Brand separationNo alignment
Infrastructure not equity
$40k for 6%6 month program
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Mick @liubinskas#startupspeed
I’ll Help Corporates
You Help Startups
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Mick @liubinskas#startupspeed
Fastest Learner Wins
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Mick @liubinskas#startupspeed
What will you for a client in
next 24 hours?
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Mick @liubinskas#startupspeed
FastEnough?
1 Minute Accelerator
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Mick @liubinskas#startupspeed
Questions?
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Mick @liubinskas#startupspeed
#StartupSpeedMick Liubinskas
[email protected]@liubinskas
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