18 45 lessons_learned(digitaloctober)

2,667 views

Published on

Published in: Technology, Economy & Finance
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
2,667
On SlideShare
0
From Embeds
0
Number of Embeds
2,466
Actions
Shares
0
Downloads
6
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

18 45 lessons_learned(digitaloctober)

  1. 1. The Art of Going Global What Have We Learned? Digital October July 1, 2011 Bill Reichert Managing Director Garage Technology Ventures
  2. 2. Lessons Learned1. Funding is increasing n  Local funds, public and private n  International funds n  Recycled funds from successes.
  3. 3. Lessons Learned . . .2. Ecosystem is expanding n  Local organizations, public and private n  Successful entrepreneurs/Mafia n  Experienced advisors and mentors n  Access to international ecosystem.
  4. 4. Lessons Learned . . .3. New pathways are opening n  Going global through acquisition n  Going global via the Internet n  Going global through partnerships n  Going global via airplane.
  5. 5. Lessons Learned . . .4. Cost of going global is decreasing n  IT and communications infrastructure n  Access to talent n  Brand building via new media.
  6. 6. Lessons Learned . . .5. The world is more competitive n  Locally, globally n  Funding bar is higher n  Shorter product life cycles.
  7. 7. Lessons Learned . . .6. Good technology not enough n  You need a brilliant team n  You need to be great at sales n  You need great partners.
  8. 8. Lessons Learned . . .7. You need to think BOLSHOI n  Take on big challenges n  Take on new challenges n  At least make them think you are big.
  9. 9. Lessons Learned . . .8. Illegitimi non carborundum n  Don’t let the bastards grind you down n  Doubters, naysayers, investors, peers, … n  Failure is an even better teacher than success n  But please, make new mistakes.
  10. 10. Lessons Learned . . .9. Be BOLD n  Jump off the tower n  Fine line between visionary and sociopath n  You are only limited by yourself.
  11. 11. Lessons Learned . . .10. Dare to change the world!
  12. 12. The Art of Going Global What Have We Learned? Digital October July 1, 2011 Bill Reichert Managing Director Garage Technology Ventures

×