Silicon valley way

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Silicon valley way

  1. 1. And why it’s so hard to duplicate
  2. 2. The secret sauce … • Top universities (Stanford, UC Berkeley, etc) • Government research centers and commercial labs • A large pool of highly educated workers • Access to plentiful venture capital Beautiful climate and natural surrounding • Exceptional quality of life 5/7/2014 'Silicon Valley' Way - Hossein Raassi 2
  3. 3. What do you want to do? I want to change the world. Dave Hitz, Founder & Chief Strategist, NetApp 5/7/2014 'Silicon Valley' Way - Hossein Raassi 3
  4. 4. The meaning of ‘failure’ • “Ever Tried? Ever failed? No matter. Try again. Fail again. Fail better.” - Samuel Beckett • ‘Failure’ is synonymous with ‘experience’. 5/7/2014 'Silicon Valley' Way - Hossein Raassi 4
  5. 5. If you think you’re smart, think again! • Smartness has many flavors, many faces, and many incarnations • Smart people, with big egos, collaborate for success 5/7/2014 'Silicon Valley' Way - Hossein Raassi 5
  6. 6. The power of innovation, the magic of imagination • Innovation as a strategy and corporate policy • The only thing more powerful than knowledge is imagination. - Albert Einstein • “The future is a canvas of our imagination.” 5/7/2014 'Silicon Valley' Way - Hossein Raassi 6
  7. 7. Vital role of visionaries The grandfather of Silicon Valley venture capital. The man with the golden gut. 5/7/2014 'Silicon Valley' Way - Hossein Raassi 7 Don Valentine, Founder, Sequoia Capital I am a bearer of the torch.
  8. 8. Change happens “at the speed of light” You only have to be right once to make it all worthwhile. Andy Grove, former CEO, Intel 5/7/2014 'Silicon Valley' Way - Hossein Raassi 8
  9. 9. Be inspired, relentlessly pursue your dream The only true failure is failing to pursue your dreams. 5/7/2014 'Silicon Valley' Way - Hossein Raassi 9
  10. 10. Risk-taking culture – Nothing is impossible We are at war with our competition. We’re gonna win or lose big. Larry Ellison, Founder, Oracle 5/7/2014 'Silicon Valley' Way - Hossein Raassi 10
  11. 11. The spirit of philanthropy It’s not all about money. Pierre Omidyar, Founder, eBay 5/7/2014 'Silicon Valley' Way - Hossein Raassi 11
  12. 12. Age-old, time-tested business philosophy Base your strategy on things that won’t change. Selling lipsticks, tractor seats, e-book readers, and data-storage is all part of one big plan with 3 constants: offer wider selection, lower prices, and fast, reliable delivery. Steve Bezos, Founder, Amazon.com 5/7/2014 'Silicon Valley' Way - Hossein Raassi 12
  13. 13. Uncompromising leadership Lead, follow, or get the f**k out of the way. 5/7/2014 'Silicon Valley' Way - Hossein Raassi 13 Dan Warmenhoven, former CEO, NetApp
  14. 14. Solid core values •Freedom of expression, thought, and enquiry •Open communication, no reservations, no hidden agendas •Accept responsibility for your mistakes, say I’m sorry, and move on 5/7/2014 'Silicon Valley' Way - Hossein Raassi 14
  15. 15. Last word … • Ability to renew/re-invent • Ability to build viable businesses around ideas •It takes a prophet to make a profit • The world is flat: Silicon Valley is the microcosm of the future • Think Globally, •Act Universally! 5/7/2014 'Silicon Valley' Way - Hossein Raassi 15

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