Home Leadership Turn Archives Me RampUp Solutions  
 

  • Categories

  • Archives
 

Entrepreneurs: Vator Splash

by KG Charles-Harris

Vator Splash is a gathering of investors, successful entrepreneurs, entrepreneurs-in-process, entrepreneur wannabes, people who follow technology and those who just like a good party.

Splash brings together high-caliber speakers who talk about how to build and scale great successful companies, how their industries are changing and the opportunities those changes are creating.

Granted there is much to learn from the speakers and networking opportunities, but in a world of too little time how do you choose where to spend it.

kg_charles-harrisThe recent Vator Splash conference in San Francisco made me believe that there are different levels of needs for startups.

Somehow it seems that I’ve gone from kindergarten to elementary school, and now have finally advanced to middle school as an entrepreneur.  Vator Splash seems to be more on the kindergarten/elementary school level.

What am I attempting to express by making this simile?  The levels of knowledge and performance required in each of these school stages reflect the different stages of starting and building a company.  Kindergarten is the idea stage; it is necessary to do market research and concept development.  Usually this is an iterative process that can take months to years, involves speaking with lots of people and getting feedback that enables the idea to improve.

At elementary school the real learning begins – this is when it’s time to build a team, raise initial capital (friends & family or Angel) and start working on creating a product.

In middle school things reach another level – attracting customers in a repeatable fashion, dealing with executives, and realizing your product’s (baby’s) shortcomings and learning to live with them.

This is when the startup becomes a real business and has to learn to deal with the complexities of the outside world.  It has to learn to stand on its own legs and understand how to achieve profitability and growth.

This most often means significantly more investment capital as well, probably a factor of 10-30. Some, very few, companies manage to get through this stage based on the revenues they generate, but this is unusual in the technology space.

High school – I’m still wondering what this will entail.  Clearly it has to do with serious scaling, greater product complexity and possible internationalization (though some has already happened).

Each stage has its different capital requirements, so this must also be considered.  Beyond that, all is speculation as I’m yet to experience it.

The point to all this is that there seems to be few conferences that are focused on middle and high school.  Almost everything is centered around kindergarten and elementary school.

There must be a conference market for entrepreneurs that are a little more advanced.  If you know about any, please let me know.

KG Charles-Harris is CEO of Emanio and a special contributor to MAPping Company Success.

Flickr image credit: Vator Splash

One Response to “Entrepreneurs: Vator Splash”
  1. MAPping Company Success Says:

    […] week KG Charles-Harris provided an overview of Vator Splash; today he asks questions critical to every entrepreneurs success and […]

Leave a Reply

RSS2 Subscribe to
MAPping Company Success

Enter your Email
Powered by FeedBlitz
About Miki View Miki Saxon's profile on LinkedIn

Clarify your exec summary, website, etc.

Have a quick question or just want to chat? Feel free to write or call me at 360.335.8054

The 12 Ingredients of a Fillable Req

CheatSheet for InterviewERS

CheatSheet for InterviewEEs

Give your mind a rest. Here are 4 quick ways to get rid of kinks, break a logjam or juice your creativity!

Creative mousing

Bubblewrap!

Animal innovation

Brain teaser

The latest disaster is here at home; donate to the East Coast recovery efforts now!

Text REDCROSS to 90999 to make a $10 donation or call 00.733.2767. $10 really really does make a difference and you'll never miss it.

And always donate what you can whenever you can

The following accept cash and in-kind donations: Doctors Without Borders, UNICEF, Red Cross, World Food Program, Save the Children

*/ ?>

About Miki

About KG

Clarify your exec summary, website, marketing collateral, etc.

Have a question or just want to chat @ no cost? Feel free to write 

Download useful assistance now.

Entrepreneurs face difficulties that are hard for most people to imagine, let alone understand. You can find anonymous help and connections that do understand at 7 cups of tea.

Crises never end.
$10 really does make a difference and you’ll never miss it,
while $10 a month has exponential power.
Always donate what you can whenever you can.

The following accept cash and in-kind donations:

Web site development: NTR Lab
Creative Commons License
This work is licensed under a Creative Commons Attribution-NoDerivs 2.5 License.