Bootstrap Austin Community

Bootstrap Austin : A Self-Service Community for Bootstrap Entrepreneurs Bijoy Goswami November 7, 2009

Elements of the Bootstrap Community
about something
protocols for interaction
members are connected
takes action
systems to support its activities
Note web links (underlined and icons) throughout slides

Third Way of Entrepreneurship b Cookie Cutter Funding Driven What is Bootstrap? 1. about Bootstrap!

Bootstrap Community QUEST(ion): What is Bootstrap?
Challenge the Bootstrap Entrepreneur’s Personal Entrepreneurship Model
Sharing stories + model locks in bootstrappers’ learning
Consistent language of the key stages, principles, actions of bootstrap entrepreneurship
Help participants advance through each phase of the venture:
Gain the ‘right’ knowledge
And make the ‘right’ connections
Leverage their own unique skills and resources,
in order to ‘Take the right action at the right time’:
1. about Ideation VoD Bootstrap Community – Builds shared knowledge of venture building Participant – Builds awareness of next action in venture Growth Knowledge Connections Skills Resources Skills Resources Skills Resources Knowledge Connections Knowledge Connections

Bootstrap University
12 monthly learning sessions (optional)
Bootstrap Entrepreneur Speakers
Social Media
Twitter: daily tweet
facebook: discussion
BootRap Podcast
1. about

Levels of Community Participation Bootstrap Community 2. protocols
Appropriate Conduct and Rules of Engagement
1. Participants
Attend meetings
May become active
2. Active Participants
Speakers, bloggers, tweeters
May become contributors, Collaborators or inactive
3. Contributors
Lead subgroups
May become Active Participants Collaborator
4. Collaborators
Coordinate overall community
May become Active, participants or Contributors

Laws of Networks
Sarnoff's Law = the value of a broadcast network is proportionate to the number of viewers / readers.
Metcalfe's Law = value of a network is proportionate to the square of the number of nodes, i.e., n2. (And, connecting two networks creates far more value than the sum of their values as independent networks.)
Reed's Law = value of a group -forming network is proportionate to the exponential of the number of groups, i.e., 2n
3. connected

Subgroups by Stage
You
QUEST(ion)
Ideation
Valley of Death
Growth
3. connected

Subgroups by Area
Interactive
Food
Art
Experience Sustainability
Publishing
Etc...
3. connected

How we Build Community
Subgroup Monthly Meetings
Informal
30min: social (in-person introductions)
1hr Speaker on monthly principle & map
15min: participants integrate lessons
Online
Twitter
Facebook
BootRap
3. connected

BootBoards
6-8 Bootstrap Founders
Same Stage
3-5hr Monthly Meetings
12month commitment
4. action

Free, Open Source
Wiki – repository
Podcast & Blog – events, talks, news
facebook – one-on-one connection, events
Yahoo groups – member many-to-many communication
5. systems

Contact
BijoyGoswami.com
Follow: @bijoy
facebook.com/bijoy
[email_address]

Bootstrap Austin Community

by Bijoy Goswami on Nov 07, 2009

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Bootstrap Austin Community — Presentation Transcript