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World-Class Entrepreneurs Came to BGSU to Share Their Insight on Startups - cont.

Rubin shared her advice through PowerPoint slides:

  • The Chaos Pilot (Interpretation vs. Invention)
    • Interpret the trends out there and find your fit; look for the gap.
    • Be a generalist rather than a specialist. You can open the door as a generalist, but you close the deal because you're a specialist.
    • Value your day job. Don't give up your day job too soon. Don't get too excited about the future.
  • Storytelling
    • People want to be a part of your story. If you don't create a story that's exciting enough, then there's no story to tell. Obtaining interest creates momentum.
    • Notion of Nietzsche- If you give people a why.they will find a how. Tell your story as often as you can and to as many people as you can.
  • Championship
    • "Champions" is defined as "defends a person or a cause."
    • Circle of Coincidence - find people to help you succeed. Three types:
      • Influencers- listen to what they have to say.
      • Doers - they get the checks signed, but are not always at the top of the company.
      • Cheerleaders - they give you moral support and help you find the influencers and doers.
    • Set up a matrix of people you want to meet over time to be your champions.

Rubin said that she used "a champion" to get her out of her impending bankruptcy situation.

  • Craved Culture
    • Create a coaching culture, a fault-tolerant culture. Allow people to make mistakes.
    • Talented heroes stay longer. Give your heroes the chance to be in the spotlight, so move over. Let them build equity in your startup.

  • Magical Realism
    • Balance both optimism and pessimism
    • Overcome the naysayers and bounce back.
    • Plan for the worst, but think for the best.


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