Local entrepreneurs and business leaders share their stories from successes, failures and shifting strategies.
Mark McGuire, American Family Ventures
Craig Heim, WARF
Laurie Benson, LSB Unlimited
Mark Zager, Silatronix
Rimas Buinevicius, Rowheels
Emile Nuwaysir, CDI/Fujifilm
2:48 | Introduce Mark McGuire
3:50 | My personal story: Why I attempt high growth startups
11:34 | Startups are hard because it's hard to predict the future
19:38 | Lesson from Name Protect: Customer psychology is everything - best product doesn't always win
24:02 | Takeaway 1: Stay around long enough to make it through the idea maze
26:54 | Lesson from Jellyfish: Speed is one of the only advantages startups have over a big company
30:51 | Lesson from Alice: Be careful with leverage
33:20 | Takeaway 2: Build a small catapult (minimum viable product) first
34:28 | Lesson from Next: The practice of entrepreneurship - enterprise failure leads to entrepreneurial growth
40:24 | Takeaway 3: Practicing good entrepreneurship will get you multiple opportunities at bat
42:55 | Coping mechanisms for getting through the startup roller coaster
46:59 | Craig Heim (moderator) - Introduce panelists
47:47 | Laurie Benson, LSB Unlimited
49:00 | Mark Zager, Silatronix
50:03 | Rimas Buinevicius, Rowheels
51:42 | Emile Nuwaysir, CDI/Fujifilm
54:34 | How do you personally handle failure?
1:04:17 | How do you know when you've got something worth pursuing?
1:09:25 | What do good investors bring to the table?
1:14:47 | How do you protect yourself from an investor who wants to make all the decisions?
1:17:55 | How does your company benefit society?
1:24:45 | How do you know if you should pivot or fail?