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Why do you have opposable thumbs?

Why do you have opposable thumbs?
Do you use your thumbs in your work?

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  • We are wired to make things. To get shit done.
  • We are wired to make things. To get shit done.
  • Keats wrote: “Education is not filling a bucket, but lighting a fire.” http://bopreneur.blogspot.com/2008/04/educational-arson.html
  • We are wired to make things. To get shit done.
  • Note the application of scientific approaches to innovation. Hypothesis testing. Validation. So taking stuff you know how to do, and applying it to something new.
  • Human and Environmentally Regenerative OrganizationsWaste could be solid, or social. It could be a dirty tail pipe, or sick child, or unjust social system. HEROs produce virtuous cycles… the more they sell/produce, the better off our planet is.Metaphor, instead of circling the drain (negative spiral) we are caught in a thermal (uplifting spiral).
  • 500,000 stoves… ~ 1 million tons of CO2. Roughly equivalent to taking 200,00 cars off the road. Per http://www.verus-co2.com/blog/?p=1964

5 Questions 5 Questions Presentation Transcript

  • Five Questions for the SmithFellowsPaul HudnutApril 25, 2013
  • Q1: Why do humans haveopposable thumbs?
  • A) To listen to lecturesB) To give lecturesC) To do researchD) To make things (and peel fruit)E) None of the above
  • Q2: Are you using your thumbs inyour work?
  • Enough about thumbs…• Let’s talk about me for a while.• Education:– Colorado College, Virginia Law, HBS– Mashup: Environmental biology, politicalecon, law, business• What else:– Entrepreneur: USWEST, Heska, Envirofit, Inviragen, New Belgium– Educational Arsonist: CSU College of Business– Venture Gapitalist: Bohemian Impact Investments– Awe Hunter
  • Q3: What happens when you usebrains and thumbs?
  • How an idea becomes a good or service whichpeople will use (and someone will pay for).Brains provide ideas.Thumbs provide action.
  • Lean Startup“A startup is a human institution designed tocreate a new product or service under extremeuncertainty.” Eric Ries, The Lean Startup (2012)A startup is a “temporary organization designedto search for a repeatable and scalable businessmodel.” Steve Blank, Four Steps to the Epiphany
  • Lean StartupSteve Blank blog, April 16, 2013
  • Squiggling AlongOft modified, from Damien Newman
  • Q4: What is a business model?A: How an enterprise createsand shares value.
  • One approach…
  • Better Approach:Business Model Canvas> 9 simpler pieces
  • H.E.R.O.’ic Enterprises• Produce cleaner air, cleaner water, health, justice• Find value in waste• Prevent pollution, disease• Restore/regenerate ecosystems and communities
  • ChronicCrisisBOP TOPPartners in Health, DoctorsWithout BordersAravind, Envirofit, VisionSpringRed Cross, CDC &FEMAMerck, Toyota, BPBusiness Models for Environmental& Public Health Ventures
  • ChronicCrisisBOP TOPPartners in Health, DoctorsWithout BordersAravind, Envirofit, VisionSpringRed Cross, CDC &FEMAMerck, Toyota, BPBusiness Models for Environmental& Public Health VenturesXXXXXXHEY…Were you payingattention?
  • “Most people look at a company like Apple andthink, how could I ever make such a thing?Apple is an institution, and Im just a person.But every institution was at one point just ahandful of people in a room deciding to startsomething. Institutions are made up, and madeup by people no different from you.”Paul Graham, A Student’s Guide to Start Ups 2006
  • Q5: Do you have an example?Envirofit International• “Making the worldfit for humanity.”• CSU spin off• Sophisticatedtechnology• affordable design• mfrg and logistics• carbon and microfinance18
  • In process…Surviving in theEntrepoceneHow to build something...that matters…with soul.a guide to clean startups for the other 99%.(with andy hargadon)
  • Bonus Question: Want more?• www.bopreneur.blogspot.com• Twitter: @BOPreneurRESOURCES:steveblank.combusinessmodelalchemist.comandrewhargadon.typepad.comEric Ries, The Lean Startup (2012)Osterwalder & Pigneur, Business ModelGeneration (2011)
  • Made to Stick (2007)You have a Curse of Knowledge problemHow do you design your idea to maximize itschances of survival and replication?SUCCESs framework