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Enabling a Colorado Phenomenon - my personal entrepreneurial story

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This is a presentation that I gave to graduating Executive MBA students at Colorado University in May 2019. It provides a summary of my personal entrepreneurial journey to create value in Colorado in IoT, Smart Cities and Innovation. Much has been achieved together with incredible collaborators. During each stage reflections are made to encourage these new and brilliant entrepreneurs to guide them on their personal entrepreneurial journey into their life adventure!

Published in: Leadership & Management
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Enabling a Colorado Phenomenon - my personal entrepreneurial story

  1. 1. (c) Matthew Bailey - May 2019 CU EMBA Pitch Deck Day 1 “My Entrepreneurial Journey within Colorado” by Matthew James Bailey
  2. 2. (c) Matthew Bailey - May 2019 CU EMBA Pitch Deck Day 2 My Mission “To serve economies, communities and the environment to leverage innovation eco-systems and technologies that enable co-creation of their vision for a future society - Smart Cities, Regions and Communities. These systems are adaptive, resilient, inclusive, safe, environmentally healthy, supportive, wealth generating and above all, fun for everyone” “To serve communities of the USA for them to become a global leader in co-creating “smartly enabled” societies - Smart Cities, Regions and Communities. This transition is powered by policy, innovation eco-systems and technologies that enhance economies, community life and healthy living, i.e. US’ communities are THE greatest and safest place to live, work and play” “To enable Colorado to be THE North Star (Lighthouse) and global phenomenon in Smart Cities, Regions and Rural Communities.The transition requires a new approach, innovation eco-systems, technologies and solutions that solve for challenges that communities face today and tomorrow. These frameworks can be replicated through out the USA and internationally, thus expediting the global vision of a ‘Smartly Enabled’ future”
  3. 3. (c) Matthew Bailey - May 2019 CU EMBA Pitch Deck Day 3 Some Successes 473 cities, 58 countries IoT wireless technologies LPWAN, NB-IoT Smart City Best Practices Edge Compute Standards G7 leaders Governments200+ keynotes TV, Radio, Media Global Leaders International Recognition
  4. 4. (c) Matthew Bailey - May 2019 CU EMBA Pitch Deck Day Colorado Successes Colorado’s first IoT Accelerator US’s first state wide Smart City Alliance Sold out international Smart City event Smart City Innovation Center
  5. 5. (c) Matthew Bailey - May 2019 CU EMBA Pitch Deck Day 5 A bit about me.. Reflection 1 Entrepreneurs can be successful no matter their background. Family support is important. Entrepreneurship is a calling.
  6. 6. (c) Matthew Bailey - May 2019 CU EMBA Pitch Deck Day 6 My Colorado Story 2015 Reflection 2 Become a thought leader in your field. Develop your brand. Educate target audiences - speaking, thought leadership. Create a vision. Influence don’t control. The right people will be “attracted” to support that vision. Expect the power of serendipity. Collaborate mindfully Introducing the IoT. This is what it is. This is how it is being used across the world. This is how it can create value within Colorado. This is how you can get involved IoT interest spread across Colorado. IoT Accelerator started to be developed. Denver South EDP and Arrow gathered around the vision
  7. 7. (c) Matthew Bailey - May 2019 CU EMBA Pitch Deck Day 7 Colorado’s First IoT Accelerator Reflection 3 Don’t be frightened to test ideas. These provide valuable lessons Delight in the positives and iterate vision Re-group and go again - wiser and mindfully • National Cohort • Local Collaborators • Power of the CO community • New accelerator methodology • Unique IoT Curriculum • Lean Startup • MVP • Investors • Scaling Partners • Pitch days Business Culture and Purpose Valuable trial run. Important lessons learned
  8. 8. (c) Matthew Bailey - May 2019 CU EMBA Pitch Deck Day 8 The Colorado Smart Cities Alliance (Phase 1) • US’ first state-wide Alliance • Viewed as next economic model (G7) • Template for other US’s states • Based on Impact Phenomenon and Prime Health • Leveraged Colorado’s culture • Multi-stakeholder • MVP Launch in Denver South • 20 cities across the state • Federal Labs (NCAR/NREL) • Education - CU - DU - CSU • Private Sector, Business Communities • 85 % Colorado Population • 95% Colorado GDP ($300BN) Reflection 4 Wise allies came who shared the same vision Achievement of success. Celebrate! The mission is making tangible progress The MVP approach was mindfully done Communities across Colorado are engaged Still learn lessons and be mindful What is next to build on success and keep the mission moving forward?
  9. 9. (c) Matthew Bailey - May 2019 CU EMBA Pitch Deck Day 9 Smart City Innovation Center (Phase 2) Smart City Innovation Center The Guru was wise. Phase 2 started whilst phase 1 was underway - a Smart City Innovation Eco-system! • Educational phase • Based on Smart City Whitepaper • Strategy document defining its shape and purpose • Socialized and championed (idea tested) • Develops solutions for Smart Cities at scale! • Fast tracks Colorado becoming “smartly-enabled” • Enables regional solutions • Eco-system of global tech leaders/tech/solutions • IoT/Edge Compute/LPWAN/Artificial Intelligence • Template for other US’s states • Lighthouse for North America and World • Potential to enable Smart City technology cluster • First Colorado Smart Cities event • International audiences • Sold out (450 people) • Three floors packed with solutions • Announced Smart City Innovation Center • Intel announce new Artificial Intelligence • Fantastic feedback! Wow, that’s cool! Only 18 months! Take a break and rest Influence carefully Collaborate, Patience What is next for you? Trust the Magic!
  10. 10. (c) Matthew Bailey - May 2019 CU EMBA Pitch Deck Day 10 What’s next? Whitepapers (build on phase 1 and phase 2) 1. Colorado Smart City technology cluster 2. National Artificial Intelligence Super Cluster (Colorado) 3. Smart Rural Communities 4. Data as a new citizen and social currency Take Colorado Smart Cities story national and global Open to new possibilities to serve Colorado, USA, new Territories Allow others to lead phase 1 and phase 2 Be available to guide when asked Take time to reflect and learn lessons from P1/P2 How did this journey serve you? How must the next entrepreneurial journey serve you? What must you do to get ready? What support doe you need for success? What does success look like and for whom?
  11. 11. (c) Matthew Bailey - May 2019 CU EMBA Pitch Deck Day 11 Some advice… Find your inspiration - people, books, films Learn from heroes and history. How others achieved success Be brilliant. Let your magic shine. Seek a mentor, enjoy success, take self care You ARE success! Have fun! Enjoy adventure!
  12. 12. (c) Matthew Bailey - May 2019 CU EMBA Pitch Deck Day 12 Happy Pitch Day! linkedin.com/in/matthewjbailey @pionerIoT matthew@matthewjamesbailey.com

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