Students want meaningful and relevant employment.
Start-ups want energetic and enthusiastic employees.
Sign up for SNS-12 is here: www.sns-12.eventbrite.com
I’ll be speaking toward the end of February on transitioning to entrepreneurship and what to expect. The presentation will be turned into an ~15 part …
The closest I came to meeting Steve Jobs in person is watching his convocation speech on YouTube which is without a doubt one of my favourites. He is a person that I have immense respect for and a very rare individual the type of person that comes along maybe once per decade.
Anyone that can;
- Successful grow a start-up as one of the founders
- Repeat success in a totally different industry
- Turn around a failing Apple
- Guide Apple to be arguably the most successful tech company (certainly the most innovative)
If you haven’t already seen it please check out this video. I watched for a second time shortly after last week’s announcement of Steve Job’s passing. The video is even more poignant now.
The three lessons I took away;
- Have faith as you journey to connect the dots of your life
- Don’t settle
- Stay Hungry, Stay foolish
I believe I am the first person to use this term with respect to start-up success. Googling “Learn Rate” yields results with respect to algorithms, math and artificial intelligence but, nothing with respect to start-up founder’s ability to learn. IMHO ”Learn Rate” is likely the single most important factor in start-up success … perhaps next to luck and timing. I am not alone in thinking that learning is important BlackBox Start-up Genome report lists:
Photo Attribution: IMA ClOWN 4 COLOR by The Glowing North Stars
“ 1. Founders that learn are more successful: Start-ups that have helpful mentors, track metrics effectively, and learn from start-up thought leaders raise 7x more money and have 3.5x better user growth.”
Definition Learn Rate = Capacity x Speed x Attitude
There are likely attributes of each component that I’ll have to give some more thought to. However, at a macro level those three components are the vast majority of “Learn Rate”. More pondering required.
TheCodeFactory has recently stealthily started a couple of new initiatives to improve the “Learn Rate” of start-ups. The project is still in alpha, however, the initiative is open to the start-up community at large. We are currently recruiting for a couple of more participants in the second cohort of our alpha run. If you are interested please ping ian (@) thecodefactory (dot) ca and I could provide more details.
