Success mobile health 2012 - launch and iterate in baby steps 1024x768

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Manu Kumar
K9 Ventures
Mobile Health 2012 at Stanford
Launch and Iterate in Baby Steps

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Success mobile health 2012 - launch and iterate in baby steps 1024x768

  1. Success@ManuKumar)from)@K9Ventures)at)#MH2012
  2. The Myth of Overnight Success2 @ManuKumar)from)@K9Ventures)at)#MH2012
  3. “Oh, that guy / company just got lucky”3 @ManuKumar)from)@K9Ventures)at)#MH2012
  4. “Oh, that guy / company just got lucky”3 @ManuKumar)from)@K9Ventures)at)#MH2012
  5. Success leads to the creation of a revisionist history.4 @ManuKumar)from)@K9Ventures)at)#MH2012
  6. Success leads to the creation of a revisionist history. Founders4 @ManuKumar)from)@K9Ventures)at)#MH2012
  7. Success leads to the creation of a revisionist history. Founders Press4 @ManuKumar)from)@K9Ventures)at)#MH2012
  8. Reality is Different5 @ManuKumar)from)@K9Ventures)at)#MH2012
  9. 6 @ManuKumar)from)@K9Ventures)at)#MH2012
  10. 6 @ManuKumar)from)@K9Ventures)at)#MH2012
  11. Even GREAT companies have had NEAR-DEATH experiences. “Jack, what does it take to have a great company?” And he said, “It takes major setbacks and overcoming those.” I hesitated for a minute, and I said, “Well, we did that in ’93 and then we did it again in ’97 with the Asian financial crisis.” And he said, “No, John. I mean a near-death experience.” I didn’t understand exactly what he meant. Then, in 2001, we had a near-death experience. We went from the most valuable company in the world to a company where they questioned the leadership. And in 2003, he called me up and said, “John, you now have a great company.” I said, “Jack, it doesn’t feel like it.” But he was right. From: http://www.nytimes.com/2009/08/02/business/02corner.html7 @ManuKumar)from)@K9Ventures)at)#MH2012
  12. “Timing, perseverance, and ten years of trying will eventually make you look like an overnight success.” @Biz Stone, Twitter http://www.bizstone.com/2010/09/timing-lessons.html8 @ManuKumar)from)@K9Ventures)at)#MH2012
  13. 9 @ManuKumar)from)@K9Ventures)at)#MH2012
  14. 9 @ManuKumar)from)@K9Ventures)at)#MH2012
  15. 10,000-Hour Rule “the key to success in any field is, to a large extent, a matter of practicing for a total of around 10,000 hours.”10 @ManuKumar)from)@K9Ventures)at)#MH2012
  16. Delayed Gratification: Stanford Marshmallow Experiment “how long each child resisted the temptation of eating the marshmallow, and whether or not doing so was correlated with future success” http://en.wikipedia.org/wiki/ Stanford_marshmallow_experiment11 @ManuKumar)from)@K9Ventures)at)#MH2012
  17. What works?12 @ManuKumar)from)@K9Ventures)at)#MH2012
  18. Spiral Model Proposed by Barry Boehm in 1986 ANALYZE DESIGN BUILD TEST and REPEAT. http://en.wikipedia.org/wiki/Spiral_model13 @ManuKumar)from)@K9Ventures)at)#MH2012
  19. Analyze: Problem User Business Product14 @ManuKumar)from)@K9Ventures)at)#MH2012
  20. Design1de·sign verb di-ˈzīnDefinition of DESIGNtransitive verb1 : to create, fashion, execute, or construct according to plan : devise, contrive
  21. Design1de·sign verb di-ˈzīnDefinition of DESIGNtransitive verb1 : to create, fashion, execute, or construct according to plan : devise, contrive2 a : to conceive and plan out in the mind <he designed the perfect crime> b : to have as a purpose : intend <she designed to excel in her studies> c : to devise for a specific function or end <a book designed primarily as acollege textbook>3 archaic : to indicate with a distinctive mark, sign, or name4 a : to make a drawing, pattern, or sketch of b : to draw the plans for <design a building>
  22. Design: Anything that has been thought about, or considered, has been DESIGNed.16 @ManuKumar)from)@K9Ventures)at)#MH2012
  23. Design: Visual Product Interaction / Experience Concept / Idea Team / Culture Revenue Model17 @ManuKumar)from)@K9Ventures)at)#MH2012
  24. Build: Scope Timeline18 @ManuKumar)from)@K9Ventures)at)#MH2012
  25. TEST: Does it work? Why? Why not? What can be improved? & back to ANALYSIS.19 @ManuKumar)from)@K9Ventures)at)#MH2012
  26. BABY STEPS: ANALYZE DESIGN BUILD TEST & Repeat20 @ManuKumar)from)@K9Ventures)at)#MH2012
  27. The Definition of Entrepreneurship: “Insane perseverance in the face of complete resistance” As learnt from Prof. Jack Thorne Blog post: http://k9.vc/k9perseverence21 @ManuKumar)from)@K9Ventures)at)#MH2012
  28. @ManuKumar

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