Tech entrepreneurs like the iterative ‘build – measure – learn’ process that is at the heart of the lean startup methodology. More and more, corporations are looking to emulate this iterative process as well. That’s why many large corporations have introduced some sort of internal innovation department. Large companies recognize that doing so can help […]
“Corporations take more than a year to develop a product that startups can develop and launch in less than 3 months.” ― CB Insights …let that sink in for a while. It’s a fact published by CB Insights, renowned venture intelligence platform. There are many comparisons of startups and corporates. Based on […]
Picture this conversation at a company meeting: “Customers are not buying our product as we forecast. We need to come up with some solutions to meet our sales forecast or our project will be considered a failure. I’d like everyone to share their ideas on how can we solve this.” “Mr. Boss, how about […]
On the 23rd to 24th of November 2018, I attended Startup Drill Smart City Cyberjaya organized by Startup Drill, Malaysia Global Innovation and Creativity Centre (MaGIC) and Inspire Series. For those who do not know anything about Startup Drill, this is their first pilot in Malaysia. The two helpful mentors also traveled all the way […]
Participant: So how do I complete my Startup Drill Board? Mentor: Well, it’s completed when you validate all the assumptions and find the problem/solution fit. Participant: It means we will use the Board in multiple rounds to iterate the solution? Mentor: Exactly! Your Board will be used as a tool to capture the progress and […]
1. Idea VS Problem In spring 2017 one of our mentors on Startup Drill event in Oslo was giving a keynote speech. Being a startup veteran who went through dotcom boom at the beginning of the century, he had many stories to tell. He got the attention of everyone in the room when he started […]