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See the video here: http://www.calacanis.com/2008/05/28/going-big/

See the video here: http://www.calacanis.com/2008/05/28/going-big/

Published in Business , Technology
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Transcript

  • 1. Going Big The three most important factors in predicting the next big thing
  • 2. What makes a great company
  • 3. What makes a great company 1. The Market
  • 4. What makes a great company 1. The Market 2. The Team
  • 5. What makes a great company 1. The Market 2. The Team 3. The Execution
  • 6. What makes a great market
  • 7. What makes a great market 1. Under serviced
  • 8. What makes a great market 1. Under serviced 2. Growing
  • 9. What makes a great market 1. Under serviced 2. Growing 3. Highly fragmented
  • 10. What makes a great team
  • 11. What makes a great team 1. Hungry
  • 12. What makes a great team 1. Hungry 2. Passionate
  • 13. What makes a great team 1. Hungry 2. Passionate 3. Domain expertise
  • 14. What makes execution great
  • 15. What makes execution great 1. Bold ideas
  • 16. What makes execution great 1. Bold ideas 2. Culture of innovation
  • 17. What makes execution great 1. Bold ideas 2. Culture of innovation 3. Quick iteration
  • 18. What makes execution great 1. Bold ideas 2. Culture of innovation 3. Quick iteration 4. Listening
  • 19. What makes execution great 1. Bold ideas 2. Culture of innovation 3. Quick iteration 4. Listening 5. Repeat
  • 20. What makes execution great 1. Bold ideas 2. Culture of innovation 3. Quick iteration 4. Listening 5. Repeat
  • 21. What makes a great ecosystem
  • 22. What makes a great ecosystem 1. Capital
  • 23. What makes a great ecosystem 1. Capital 2. Climate
  • 24. What makes a great ecosystem 1. Capital 2. Climate 3. Culture
  • 25. What makes a great ecosystem 1. Capital 2. Climate 3. Culture 4. Universities
  • 26. What makes a great ecosystem 1. Capital 2. Climate 3. Culture 4. Universities 5. Supportive press
  • 27. Search Execution Team
  • 28. Search Execution Ask Team
  • 29. Search Yahoo Execution Ask Team
  • 30. Search Google Yahoo Execution Ask Team
  • 31. Social Networks Execution Team
  • 32. Social Networks Execution friendster Team
  • 33. Social Networks LinkedIn Execution friendster Team
  • 34. Social Networks LinkedIn MySpace Execution friendster Team
  • 35. Social Networks LinkedIn MySpace Facebook Execution friendster Team
  • 36. Why startups fail
  • 37. Why startups fail 1. Bad idea
  • 38. Why startups fail 1. Bad idea 2. Bad execution
  • 39. Why startups fail 1. Bad idea 2. Bad execution 3. Outside factors
  • 40. Common bad ideas
  • 41. Common bad ideas 1. Defining your market
  • 42. Common bad ideas 1. Defining your market 2. Lack of listening
  • 43. Common bad ideas 1. Defining your market 2. Lack of listening 3. “Gotcha” culture
  • 44. Common bad ideas 1. Defining your market 2. Lack of listening 3. “Gotcha” culture 4. Preconceived notions
  • 45. Common bad execution
  • 46. Common bad execution 1. Taking on too much
  • 47. Common bad execution 1. Taking on too much 2. Design by committee
  • 48. Common bad execution 1. Taking on too much 2. Design by committee 3. Poor craftsmanship
  • 49. Common bad execution 1. Taking on too much 2. Design by committee 3. Poor craftsmanship 4. Lack of iteration
  • 50. Common outside factors
  • 51. Common outside factors 1. Competitors
  • 52. Common outside factors 1. Competitors 2. Disruptive technologies
  • 53. Common outside factors 1. Competitors 2. Disruptive technologies 3. Improper Capitalization
  • 54. Common outside factors 1. Competitors 2. Disruptive technologies 3. Improper Capitalization 4. Timing
  • 55. Jason’s big secret
  • 56. Jason’s big secret 1. Find a really nice hill
  • 57. Jason’s big secret 1. Find a really nice hill 2. Imagine it 10x bigger
  • 58. Jason’s big secret 1. Find a really nice hill 2. Imagine it 10x bigger 3. Imagine it 10x bigger than that
  • 59. Jason’s big secret 1. Find a really nice hill 2. Imagine it 10x bigger 3. Imagine it 10x bigger than that 4. Assume it will happen
  • 60. Jason’s big secret 1. Find a really nice hill 2. Imagine it 10x bigger 3. Imagine it 10x bigger than that 4. Assume it will happen 5. Build a plan on that outcome
  • 61. Jason’s other big secret
  • 62. Jason’s other big secret 1. Fail fast
  • 63. Jason’s other big secret 1. Fail fast 2. Argue all sides
  • 64. Jason’s other big secret 1. Fail fast 2. Argue all sides 3. Fire good people
  • 65. Jason’s other big secret 1. Fail fast 2. Argue all sides 3. Fire good people 4. Reward obsessive behavior
  • 66. Jason’s other big secret 1. Fail fast 2. Argue all sides 3. Fire good people 4. Reward obsessive behavior 5. Hire slow / Fire fast
  • 67. Jason’s other big secret 1. Fail fast 2. Argue all sides 3. Fire good people 4. Reward obsessive behavior 5. Hire slow / Fire fast 6. Sales solve everything
  • 68. Jason’s other big secret 1. Fail fast 2. Argue all sides 3. Fire good people 4. Reward obsessive behavior 5. Hire slow / Fire fast 6. Sales solve everything 7. Engage your haters
  • 69. Silicon alley reporter 1996-2003
  • 70. Silicon alley reporter 1996-2003 1. Built a 16 page newsletter
  • 71. Silicon alley reporter 1996-2003 1. Built a 16 page newsletter 2. Became a magazine
  • 72. Silicon alley reporter 1996-2003 1. Built a 16 page newsletter 2. Became a magazine 3. Became a 300 page magazine
  • 73. Silicon alley reporter 1996-2003 1. Built a 16 page newsletter 2. Became a magazine 3. Became a 300 page magazine 4. Didn’t assume it would happen
  • 74. Silicon alley reporter 1996-2003 1. Built a 16 page newsletter 2. Became a magazine 3. Became a 300 page magazine 4. Didn’t assume it would happen 5. Didn’t build a plan
  • 75. Weblogs, inc. 2004-2006
  • 76. Weblogs, inc. 2004-2006 1. Built a 100 blog network
  • 77. Weblogs, inc. 2004-2006 1. Built a 100 blog network 2. Assumed it would happen
  • 78. Weblogs, inc. 2004-2006 1. Built a 100 blog network 2. Assumed it would happen 3. Sold after 18 months
  • 79. Weblogs, inc. 2004-2006 1. Built a 100 blog network 2. Assumed it would happen 3. Sold after 18 months 4. Grew 8x post acquisition
  • 80. Mahalo 2007-Present
  • 81. Mahalo 2007-Present 1. Building a human powered search engine
  • 82. Mahalo 2007-Present 1. Building a human powered search engine 2. Assuming it will work
  • 83. Mahalo 2007-Present 1. Building a human powered search engine 2. Assuming it will work 3. Built five-year plan
  • 84. Mahalo 2007-Present 1. Building a human powered search engine 2. Assuming it will work 3. Built five-year plan 4. Raised capitol to match plan
  • 85. Mahalo 2007-Present 1. Building a human powered search engine 2. Assuming it will work 3. Built five-year plan 4. Raised capitol to match plan 5. Will let you know in 2012 :)