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
Five Questions for the SmithFellowsPaul HudnutApril 25, 2013
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
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