Iteration and Innovation

Just came back from a fascinating panel discussion hosted by Venture Lab (VLAB) at Stanford’s School of Business. It was standing room only – which is to be expected when the speakers were from Google (Marissa Mayer) and IDEO (Tim Brown)! There was a third speaker too (Randy Komisar), whose present company was not notable, but he has had a hand in the development of too many super sucessful Silicon Valley startups to start to name them all.

I felt like a kid in 5th grade – my hand waving violently at the discussant to PICK ME for a question. I think I even said “Oh, oh” in that annoying eager student way.

But sigh…I didn’t get picked.

Anyway – the take away messages were (drum roll plse): PIVOT (meaning don’t be afraid to change course and deviate from your original business plan); FOCUS on USERS (as opposed to product; but also on user testing); SMALL and SIMPLE (take small, simple steps so that you learn things/make mistakes without spending too much); BE FLEXIBLE (related to small and simple – less monetary investment makes it easier to change, and to implement changes fast); PROTOTYPE and EXPERIMENT (and learn from both)

You heard it from the top. I just saved you $150 grand for business school 🙂

Ok, got it. I guess this means that DVDs are in ShinyArt’s immediate future plans. Not exactly what I had in mind originally, but let’s test if the Google/IDEO/Startup people really know what they are talking about…..


About shinyartshinyart

KKP is CEO and Founder of ShinyArt - a company designed to transform dull HD flat screens into canvases for some of the world’s most compelling moving art. She is also an art historian and adjunct professor at several schools in the Bay Area.
This entry was posted in Business development, Research and tagged , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s