MADE Magazine March / April Issue Commemorative Issue | Page 7

Navigating the conference felt a little like trying to decide between acts and which stage to go to at what time during Lollapalooza or Coachella (minus the awesome music and high-waisted shorts, of course). There were 3 stages and anywhere from one to three talks happening at the same time. My first learning and piece of advice: learn the schedule ahead of time and map your experience according to your priorities as an entrepreneur. Focus on relevance to your business model and/ or areas of needed understanding (i.e. building a three-sided marketplace). The conference boasted some industry vets and startup powerhouses. Each fireside chat or keynote left me feeling either extremely motivated, extremely behind, or just simply amazed at the caliber of talent and accomplishment in the room. While I didn’t get to hear every speaker, the following list includes my top 5 practical nuggets from the many talks that I experienced. Guy Kawasaki on Top 10 Mistakes of entrepreneurs: “Mistake # 2: Scaling too fast. Solution: Eat what you kill.” What this means is even though you are dying to go harder faster, try to scale according to your revenue and profit growth as opposed to always seeking growth via capital injections by way of fundraising. Steve Blank on The Next Era of Entrepreneurship: “Entrepreneurship is the world’s worst job and the world’s best calling.” It only makes sense to do it if you were born for this grind and entrepreneurship POP CULTURE ENTREPRENEURSHIP runs through your veins. Bastian Lehmann, founder of Postmates, on Building a Three-sided Marketplace: “Understand the inputs of your gross profit margin and then you understand where to focus. Don’t always listen to what everyone tells you about your business.” Ron Conway, founder of SV Angels, on Immigration Reform & Tech: Advocacy and Entrepreneurship: “Be discerning about your investors. Relevant key relationships and domain experience should always be criteria.” Vinood Khosla of Khosla Venture: “Run lots of small experiments and quickly reiterate your plan. This is called a flexi plan.” At the end of the day(s), it was an amazing experience that gave me some really great advice, potential partnerships and new networks. A last personal learning and piece of advice I want to share is always have your elevator pitch ready to deliver. Throughout the event I told anyone who asked or would listen about WeSolv and the value I brings to the market. Such conversations led to a Chicago Angel investor showing interest requesting follow-up on my venture, biz-dev meetings with enterprise companies and some new allies on my journey to success. As we used to say at Marshall, stay hungry, stay foolish! Signing out. 7