In case you missed it, The Iron Yard will be expanding into several cities in 2015, including Nashville. So we sat down with co-founder and CMO Eric Dodds to chat about The Iron Yard’s expansion and what it means for Nashville.
One of the most consistent questions we get is about competition. With Jumpstart’s move to healthcare everyone seems to be focused on our competition with Healthbox. As the EC has grown and demonstrated the market need, several new co-working concepts have sprung up. Every time a new one is announced, there is a buzz about the competitive threat to the EC’s business model. These are logical questions, and of course, Americans love a good competition. However, for both JSF and the EC, we view competition differently.
In 1999, I launched a B2C education technology startup to complete and utter failure. I lost 100% of the investment and worse not one parent or student found value in my tool.
It is time we all start talking about our failures. They are part of the process.
Guest post by Eric Mathews
One of the hardest parts of entrepreneurship that new founders face is the drag, push back, and beat down by friends and family, customers, employees, investors, and others that surround them. It is manifest in the short cuts, rejection, decisions by committee, negative feedback, the social pressure to conform to norms, or the pressure to do something the way it has always been done. It is battling human nature and the resistance to change.
I’ve been a VC for the last 14 years. Prior to that I was a software entrepreneur. In 1999, we sold our technology startup in the craziness of the dotcom bubble. I was successful as an operator, but the day-to-day grind was tiring. I thought the VC role looked like a lot more fun.
The Lean Startup methodology is a great way to build products. Unfortunately, it is widely misunderstood and very challenging for humans to actually implement. There are several problematic aspects, but the least understood and biggest killer is confirmation bias.
Five years ago, we started as a skunk works… experimenting with various programs and strategies in an attempt to re-invent the way innovations are turned into products and launched in the market.
Over the years we have been serious about helping our entrepreneurs, but most of our efforts have been in experimenting with the JSF platform itself. Yes, we have helped build some great companies, but we have mostly been sharpening our swords and getting ready to change the innovation game completely…..Now, we are ready.
Guest post by Mel Taylor of splitscnd
From the get go, we envisioned splitsecnd as a way to make the roads a safer place, not just for our customers, but for all drivers. We began by looking at driving issues in all seasons and circumstances. What we discovered about the summer was startling: teenagers are driving 44% more during the summer, the 99 days between Memorial Day and Labor Day are the deadliest for drivers ages 15-20, and 7 of the top 10 deadliest driving days of the year for teens occur in June, July and August. Overall, driving accidents are the #1 cause of death among teenage drivers.
A couple months ago, Marcus Whitney, CMO at Jumpstart Foundry gave a talk at Nashville's TEDx conference. Driven by a compelling personal story and grounded in psychological concepts, Marcus explains the three steps to hustling. Check it out below.