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Startup Lessons Learned Conference Simulcast – April 23, 2010

Register for this free conference here.

When: Friday, April 23, 2010 from 12:00 PM – 9:00 PM (ET)

Where: Accelerator Building in Waterloo

Event details:

This is a simulcast of the SF event.

Startup Lessons Learned is the first event designed to unite those interested in what it takes to succeed in building a lean startup. The goal for this event is to give practitioners and students of the lean startup methodology the opportunity to hear insights from leaders in embracing and deploying the core principles of the lean startup methodology. The day-long event will feature a mix of panels and talks focused on the key challenges and issues that technical and market-facing people at startups need to understand in order to succeed in building successful lean startups.

Join the startup community at the Accelerator Centre in Waterloo to share the ideas explored at the conference via the live stream.

To learn more about the Lean Startup visit:

Eric Ries’ Blog – Startup Lessons Learned

Steve Blank’s Blog

Lean Startup Circle Google Group

Check out the videos describing the conference.

Register for this free conference here.

My Workterm at Microsoft and What I have Discovered About It’s Culture

Working at Microsoft Canada in Mississauga last work-term has taught me many lessons. Lessons that weren’t directly applicable to my job title at the time, but lessons on where I want to be in terms of my career and what I want to do. Also, my work-term showed me just how much I hate the corporate culture – the cubicle job, the many politics, the fake smiles on people’s faces and so much more. It really got to me midway through.

Now, instead of continuing on with my complaints (there are many) there are some good aspects to working at a big company, especially for a marketing position. For one, the larger the company, the bigger their spending on advertising. So, as someone interested in getting his foot in the door with marketing Microsoft was an ideal place for me. Or so I thought…

The thing with big corporations is that their culture has matured to the point of saturation. At some point in time, Microsoft’s culture became a staple. If you didn’t think like them, you weren’t hired or kept for long. A company’s culture is extremely important and Microsoft failed to create a sustainable culture.

Microsoft’s culture is pretty obvious. One can smell it in the air upon setting foot in their premises. Many programmers know it, and try to avoid it – bashing Microsoft’s brand in the progress. What is Microsoft’s culture? I’ll put it in 2 short sentences: Microsoft’s culture is aggressively business-oriented. It is dominated by old-fashioned behaviour along the very tall hierarchy chain. 

Microsoft’s culture is aggressively business-oriented.

Microsoft, a software development company (now branched into hardware development, as well), has non-technical staff in all positions. At Microsoft Canada, I would say most employees were non-technical. I don’t expect the marketing division to have programmers, but  they should at least hire people who understand where technology is heading and the current internet phenomenon. So many project managers didn’t understand what Twitter is, let alone how to use it. There were even senior staff who don’t know how to copy and paste, resulting in tons of wasted time just re-typing everything.

It is dominated by old-fashioned behaviour along the very tall hierarchy chain.

I found this incredibly interesting. A few weeks into my work-term, I was happy to hear that Microsoft had recently replaced its staff with younger employees. I was expecting the workplace to be buzzing. Instead, it was stiffling. Senior staff did all of the talking and decision-making when it was clear that they weren’t the experts. I felt this first-hand. In one of my team’s monthly meetings, the higher-ups were discussing Microsoft and Google’s position on the market. I had a few inputs on this since I update myself daily with both companies, and plus I follow tech-internet news. I decided to send an email to the entire team, including the director of my work division to discuss an article I had found online. It was entirely appropriate since a few days before the team was scratching their heads on how to proceed. I received no replies back. It was after my work-term ended that I had found out the higher-management found my email to be (and I quote): “Inappropriately written for communicating with senior staff.” I believe I’m pretty good at writing emails. In fact, I’ve received several compliments before. The issue with my email wasn’t that it sounded “rude” but rather it was coming from a lowly co-op student.

Another fascinating event was when I had written a similar email (but of a different topic) regarding one of the emails another director had written. I was respectively opposing her point by writing to other Microsoft co-ops to initiate a discussion. Instead of a discussion, one of the co-ops told me that the director was way up there and that I shouldn’t be questionning her decisions. I should accept that she knows best and leave it as that. There was so much backlash that I just had to continue the debate. It was too interesting to just let it die off. It was clear to me that these students would be hired as full-time employees at Microsoft and continue the downward spiral of the company. They understood so little about their industry, yet they will dedicate years of their lives to it. Instead of spending time to learn more, they reject any ideas except those proposed by their immediate bosses. This was a trend with full-time’s as well.

Man, I can keep going on and on but I’m just going to cut it short. Microsoft is a dinosaur kind of a company: Ancient, big and slow.

Does the pride of a successful company always take over it’s culture? Is this the precursor to a lack of innovation that so many big firms face? As always, let me know what you think.

To cap it off, this is a print-out I scanned:

But Microsoft employees DO use Google Maps!

I had printed this off and someone at the printer picked it up and wrote a note. Funny thing is…everyone at Microsoft uses Google, they just don’t admit it infront of their bosses.

- Peter Kao

Velocity Beginning of Term Conference Videos

My stay at Velocity has exceeded all my initial expections. To begin the term, all Velocity residents were invited to attend the Velocity Gala to have dinner with industry leaders and Velocity’s sponsors. The day after the event, we had a conference dedicated to Velocity residents. There were great keynote speakers who I’ve heard of at Impact’s National Conference, but they reminded me of what it takes to be a successful entrepreneur.

The beginning of term events were well planned. As an entrepreneurial residence, students needed to learn more about entrepreneurship and how to bring an idea to a realizable product/service.

Lucky for you, Velocity posts all their videos. I’ve shared them with you here :)

 

GALA

Opening Remarks –

Meg Beckel and Sean Van Koughnett video link

Keynote Address –

Mike Lee video link

CONFERENCE

Opening Keynote –

Iain Klugman, President, Communitech video link

The VC’s View on Entrepreneurship –

Amar Varma, Founder, Extreme Venture Partners video link

The Journey Begins Now –

Eric Solowka, Vice President, Programs and Principal, Lewis Media video link

Keynote –

Duncan Hill, Entrepreneur-in-Residence, Ventures West video link

The Entrepreneur’s Mindset –

Jackie Lee, Founder, Jackie Lee Talent Management Inc. video link

Closing Keynote –

Sanjay Singhal, Chairman and Director, Simply Audio books video link

 

The original source can be found here: http://www.velocity.uwaterloo.ca/videos/opening_conference/index.php
 

Peter Kao

3-months Into My Startup: What I have learned

Before starting up my first company, Influenza Media I had read several books and hundreds of articles on how a startup should be and what to look out for, but it’s only after learning from firsthand experiences that I fully understand the reasoning behind the things that I’ve read.

I’ve listed these out with hopes that it’ll help out some young entrepreneurs :

1) Your team is key

Yeah yeah yeah. You probably hear this on a daily basis from your business mentors or websites that you visit, but it’s true. Here’s why: Startups require a tremendous amount of trust and energy. You need to have the trust of your colleagues in order to work efficiently. Nothing is worse than having to defend your position with each decision you make. Now, I’m not saying that you shouldn’t have discussions here and there to decide on the best move for your company, but some important decisions require blind faith. You don’t have time for 3-4 hour discussions to decide what colors to use for your website! In a startup, there will always be a time when you and your team cast doubts on the startup. Let me repeat: there will always be a time when you and your team cast doubts on the startup. This is why the energy of a startup is so important. This energy can come from different places such as passion for the industry, synergy between team members or the challenge that comes from a startup, but it’s the energy that helps wary team members from giving up. Here’s a tip for entrepreneurs that are still in school: Pick people that are close to you as founders, given that they have startup material. Either that or spend at least 2 months talking to the incumbent to learn more about him/her, or make them your roommates! (Read: Velocity)

2) Be resourceful and make do with what you have

If your co-founder wants an awesome looking website like the ones covered by the FWA you probably picked the wrong partner. Always do your homework and look for ways to get the best equipment, service and staff for the lowest cost. An example: I own a professional class printer that’s worth over $1,500 without having to pay a cent. How? Ask around for donations. I also have an executive chair that’s torn in a few places and some office furniture all without having to spend.

Here’s a tip: Never buy anything new for your startup. I don’t care if new things look shinier or last longer, you don’t need it to be new! Never give in to the temptation of buying something new. Do it for your personal life if you really have to, but don’t do it for your business. Always operate as lean as you can.

3) Trust your gut

You don’t have a lot to work with in a startup. To make it even worse, we (students) are used to working with problems where all the information is presented to us beforehand. That’s not the case with startups (and real life). If you have a hunch or an uneasy felling about something, stop what you are doing and think about it – critically. There has been times when I had a premonition that I didn’t act upon. It left me to suffer the consequences shortly afterwards.

4) Be humble and stay humble

A lot of business relationships have to do more about liking the other person than, oh say, dollar bills but that’s not the real point. The point is that entrepreneurs have to live with constant rejections and rude replies from prospective clients. When their business grows, usually their confidence and arrogance grows with it. Who can blame them? The important thing is to stay humble and to treat those you’ve surpassed with courteousness and respect, who knows what they might be talking about you behind your back?

Peter Kao

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My Favorite Sites

May these links be a guide to web enlightenment. Schwing!

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