Can you believe an estimated 90% of technology start-ups fail! The road to success is full of pitfalls, such as a lack of funding, poor market strategy, broken leadership, and a failure to accurately achieve a product/market fit, to name a few. So what does it take to navigate the business life cycle from idea to exit?
At this Fridays @ the Corridor, we were joined by serial entrepreneur Jerry Callahan, who has beaten the odds not once, but twice. Drawing from his own experiences, Jerry discussed: How to get an idea off the ground, How you can successfully attract and secure capital, How to grow your business into a profitable venture, and How to ultimately position your company for a successful sale.
Jerry Callahan, Founder and CEO of ISI Technology
As the CEO of ISI Technology, Jerry has developed and patented the world’s first fully electronic water heater, the MODEL 1 by Heatworks – the MODEL 1 was the runner-up at the Disrupt NY 2014 TechCrunch conference after running a successful Kickstarter campaign that raised 3X its initial funding goal and raised $435,000 and selling close to 1,600 pre-orders. Previous experience includes launching and selling propane gas exchange company, Blue Rhino, as well as managing several portfolio companies for private equity firms and has provided a broad range of management consulting from strategy development to M&A advisory services.