Triangle Entrepreneurship Week 2012: Triangle EW Kick-Off Event #TEW2012
November 13, 2012 Leave a comment
Triangle EW Kick-Off Event
Presenter: Andy Albright, Co-Founder & CEO, National Agents Alliance
- Spoke briefly about his role in entrepreneurship.
- Had a great line, “We were made to run.”
- What are you doing today to run?
Key Presenter: Grant Williard, Founder, Joulebug
- Had played multiple roles in his venture, coding at the beginning of each day and selling at the end.
- Six things he learned:
- When you see an opportunity seize it.
- Hire deliberately and develop a hiring network.
- Business is about finding happy customers.
- Pivots make lifelong learning critical.
- Develop contingency plans even when times are good.
- Expect difficult negotiations.
- He was not a good employee at Adobe. (Most true entrepreneurs are not.)
Key Presenter: Jesse Lipson, VP, GM of Data Sharing, Citrix Systems, Inc.
- Entrepreneurs must at least have a business model.
- Entrepreneurship is about long hours and deep commitment It is a marathon, not a sprint.
- Importance of core values.
- importance of customer satisfaction.
- Amazing & crazy things happen all the time. However, The Facebooks of the world are the outliers. Don’t expect to be a rock star because most musicians don’t ever make it that big.
- Try & succeed on a small scale first. Start with a narrow focus, then expand.
- Decided to be an entrepreneur as a lifestyle choice.
Key Presenter: Gerald Hall, Founder, President and CEO, SMT
- Started off with a quote from J. Paul Getty, “My formula for success is rise early, work late, and strike oil.”
- Had a reference to the 1980’s computer Epson (IBM Compatible . I remember my Epson Equity I with is 5 1/2″ disk and like no memory.)
- See where your product can fit into other industries.
- John Irving quote, “I spend about two to three months planning the path of the book in my head before I write the last sentence of the novel. From there I work back to the beginning.”
- Entrepreneurs should think the same way when creating your next opportunity for success.
- Half-baked ideas do not work. You need customers who value the product more than the value of the dollars in their pocket.
- This is the Core essence of the products success.