2017
Welcome to the Mixer!
Thank You to our Sponsors
Island Essentials – Pick 6
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Seeds
Shovel
Water Bottle
Water Purifier
Matches
Fishing Net
Umbrella
Kindling
Compass
First Aid Kit
Pocket Knife
Bucket
Mirror
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Spear
Cell Phone
Bug Spray
Combat Knife
Sleeping Bag
Sunscreen
iPod
Lighter
Sunglasses
Fishing Hook
Tarp
Flashlight
Two-way Radio
2017
Introduction
• Many different attributes to creating a successful
company
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Good idea
Large addressable market
Funding/Capital/Assets
Strong Team
Startup Failures
• 9 out of 10 startups fail
• Dysfunctional team one of top 3 reasons
Common (Frequently Misguided) Practices
• Hiring People You Know
• Hiring People Like You
Building an A-Team – It’s as easy as ABC
A
• Adaptability/Versatility
B
• Basic Skillset Diversification
• Team of one
• Opportunity cost
• Experts
Island Essentials – Pick 6
Food:
• Seeds
• Spear
• Fishing Net
• Fishing Hook
• Combat Knife
Protection:
• Spear
• Combat Knife
• Sunscreen
• Umbrella
• Sunglasses
• First Aid Kit
• Bug Spray
Water:
• Water Bottle
• Water Purifier
• Tarp
• Bucket
• Umbrella
Communications:
• Cell Phone
• iPad
• Flashlight
• Two-Way Radio
• Mirror
Shelter:
• Tarp
• Shovel
• Umbrella
• Sleeping Bag
Fire:
• Matches
• Lighter
• Kindling
• Pocket Knife
Building an A-Team – It’s as easy as ABC
A
• Adaptability/Versatility
B
• Basic Skillset Diversification
C
• Compatibility
• Team of one
• Opportunity cost
• Experts
• Decision making
• Who wins?
Sprint Exercise
Sprint Exercise
1. Individually, identify a basic skillset you are lacking
on your team.
• Mobile app coder
• Direct marketing guru
• Accounting wizard
2. Tell the other people in your small group what that
need is.
3. The other group members have 90 seconds to
search their social media, contacts, etc. to find 1-3
connections for you (it may be the person
themselves)!
4. Rinse and repeat for each member of the group.
Recap
A
• Adaptability/Versatility
B
• Basic Skillset Diversification
C
• Compatibility
An idea is only as good as a team who can execute it well.