Following Your Startup Vision

Title: Following Your Startup Vision
Date: 2011-01-26
Speaker: Brent Constantz (Calera)
Link: Entrepreneurial Thought Leaders
 
Some avalanches fizzle out and don’t go anywhere. Some avalanches are out of control.
The largest health care expenditure is bone fractures.
Being cross-disciplinary and being able to talk across fields is extremely important.
When you come up with crazy ideas you have to gain credibility no matter how good the crazy idea is.Ignorance is bliss.
It is not always easy to start a company.
When you start a company you have a big, initial vision. In almost every case that is the right vision.
When you come up with crazy ideas you have to gain credibility no matter how good the crazy idea is.
Assemble fantastic advisory boards.
Learn how to create an operating plan for your company.
The plan should contain goals. Under each goal should be three or four milestones to accomplish every quarter.
Everything about a company changes when you try to take it to a public offering.
Most of us are never going to see a coral reef.
When you take venture capital money you have to understand that the game is setup for the venture capitalists and not for the entrepreneurs.
Board of directors debilitate companies. It is not intentional.
If there is no competition generate your own.
The only people that read (business plans) are your competitors.
(Business plans) are the only thing that is never going to happen.
Our future, whether we want it or not, involves coal.
Mark Twain said, “People pay money for whiskey but they go to war over water.”
Get the very best people you can get.
You need management that can sell snow to eskimos.
You’ve got to have people drinking the kool-aid.
There is the real world and then there is Silicon Valley.
A board can be valuable or a board can be disastrous. It depends on how it works.