24 Steps to a Successful Startup

We held a series of three webinars targeted at Irish entrepreneurs during the early states of the COVID-19 lockdown. With almost 2,000 registrants its popularity exceeded expectations. The overwhelming priority at the beginning of the pandemic was public health but, at some stage, this will abate and the next challenge will be rebuilding the economy. Entrepreneurs and innovators will play a vital role. So, what did we hear from the community and what help could we offer?

In the early stages of my entrepreneurial journey, I used to think that getting a product to market as quickly as possible, even without knowing my customers first, was the path to success. Inundated as we are with such popular wisdom, we sometimes take blitzscaling too literally, jumping into a market’s deep end without even looking to see what’s down below.

The company is you, and you better take it very personally. You should not be looking to maximize how much money you make this year you should be trying to build as many skills ad you can because they will pay off for the rest of your lives.

Apr 17, 2020, 10:00am EST @Facebook live

Another day in self-isolation and signs are that this is not going to end soon so here are some thoughts on what we can do that is constructive as entrepreneurs? (As just humans, we should do all the other things to flatten the curve like social distancing, washing hands, etc.).

In my career as a CTO I’ve built many products; a few have been successful, while many have fallen short of expectations. However, embedding Disciplined Entrepreneurship at the heart of how I approach new proposition development has helped the businesses that I coach to test, learn and succeed more often.

Thomas Edison and Walt Disney are not just America’s greatest creative problem-solvers. They are paragons of all the antifragile entrepreneurial skills we have discussed. Edison is famous for the thousands of “failures” it took to come up with the right filament for his lightbulb. Disney’s businesses failed several times, and he almost went bankrupt in the midst of creating two of his many masterpieces – the film “Snow White” and Disneyland. Indeed, it was only after he lost his first…

My journey as an online learner in the MITx Entrepreneurship 101 course on edX marked for me the beginning of a progressive discovery of the power and importance of community.  There is a deep joy that can be experienced through building inspired and respectful collaborations, based on reciprocity and the feeling of something being moved forward together. Although working with one another is sometimes terribly challenging and certainly always complex, it might ultimately be the only effective…

One of the most recent lessons in letting go and surrendering to what wants to happen in the community was the #24hours24steps prototype: an uninterrupted, 24-hour-long video meeting, designed to be open to all members of the MBA² community.

The idea that the head of the country’s patent office predicted the end of invention is laughably ironic until replaced by the irony that it was the opposite of how Commissioner Duell actually felt. How then more absurd is the actual prognostication 56 years earlier, also by the head of the country’s patent office. Want some more irony? Samuel F.B. Morse would invent no less than the telegraph in 1844, a year later. Fortunately for civilization, entrepreneurs are more the Duell types. There is…