Think Like Silicon Valley
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Transcript of Think Like Silicon Valley
Exporting the Silicon Valley Way of Thinking to Companies Around
the Globe
Part IExporting
Silicon Valley
https://www.facebook.com/photo.php?fbid=10152144039810607&set=pb.754125606.-2207520000.1348490018&type=1
1. How Silicon Valley Thinks: The Quest to be KING
• Knowledge
• Innovation
• National
• Global
• My Connection to Silicon Valle
• A Brief History of Silicon Valley
• Innovation Tourism• Thinking Like a KING• What Can You Do
Abroad?
2. How to Think Like Silicon Valley
• Without Losing Your Local Mindset• The Characteristics of Silicon Valley
– Thinking big– Think collaboratively– Wealth sharing will be as important as wealth creation. – Failure is a vital learning experience.– Competition is a valuable resource.– Thinking globally– Your company is always for sale– Work hard– Technology out to those that will use it
How Silicon Valley Characteristics Can Translate to Any Company
• Vision.• Value Chain. • Position.
Part IICreating the Silicon
Valley Type Company
3. Finding Innovation Spaces: Begin With Good Networking
• Industry: Big Business and Tiny Startups in the Silicon Valley
• Academia: University as Innovator• Government: Behind the Scenes• Silicon Valley Networking– Be a Skilled Networker– Before the event– At the event– After the event
• Finding Your Innovational Space
BootcampBuild or Die
Landing in a new Place
Pre-Operation
stageAcquiring
New Customers
AccelerationScaling
InnovationSpaces
Communication Networks
and Public Relations
Local Activities Awareness
TransformationOperation in the Global Market
Silicon Valley
Local Environment
KnowledgeBased
Innovative Global
Enterprise
Linking two ecosystems
4. Fostering Local Incubation: From Idea to Business Model
Tools to convert ideas into a Road Map
5. Landing in a New Place: Finding the Right Ecosystem
• Act Locally: What Can You Learn Right Here?• Think Globally: Where Should I Go?– 1. Legal—Know the Rules– 2. Networking—Ask the Locals– 3. Sales—Cultural Norms Matter– 4. Finances—Follow the Money– 5. Support—Cover All the Bases
• Map Out Your Journey
6. Pre-Operation Stage: Getting Ready to Do Business
• Putting Together the Right Team• Take the Time to Evaluate
7. Acquiring New Customers: Getting Traction in the Market
• 1. Advertising• 2. Trade Shows• 3. Telemarketing• 4. Website• 5. Blogs• 6. Social Networks• 7. Networking Events• 8. Speaking At Events• 9. Extreme Marketing: The Lean Startup Approach
8. Acceleration and Scaling: Awareness, Sales and Growth
Part IIIWhat Makes Silicon
Valley Work
9. Role Models Are Not Enough: The Value of Meta Mentors
• Finding the Right Person• Making Contact• What’s In It For Them?• Reciprocal Benefits • Meta Mentors—Teaching the Teachers
10. Last Chapter, First Step: Believing You Can Do It