Trust and my dad

My dad has an interesting viewpoint on the idea of trust. He says that it doesn’t need to be earned with him rather, he gives it out freely and automatically with anyone that he meets. He says that it is implicit in the human make up. He says that trust should be an automatic ‘gift’ in the human operating system.

Occasionally his trust gets abused – that’s the price he is willing to pay for it does happen. The upside of all the trust given far outweighs the few exceptions.

In startups and business, we’ve tried to de-humanize trust and replace it with forms and legal agreements. I really believe that we should trust ourselves and our gut just a little more. But I’m excited that new technology is making us more human again. The fact that digital footprints are largely permanent may even circumvent the need for mistrust and formal agreements. We can instead go back to trusting peoples word and enjoy the speed that organic development gives us versus making lawyers wealthy.

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The art of the future

The art of the future is about taking seemingly disparate pieces of technology, information and ideas and linking them in a new and meaningful way.

The beauty of this truth is that it is something that can’t be outsourced to the microchip, structured in a spreadsheet, the singularity wont replace it, and the incumbents wont embrace it. The only way it will arrive is when you discover the pieces and show us why they belong together.

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84 years, in 84 days, in 84 tweets

This start up is 84 years in the making….

Ok – So I’ve happened upon this half way through – but it is still worth sharing here. Angelo an Italian immigrant who is 84 is telling his life story just like the title of this post. It’s just another reason our connected world is making stuff, well better.

A couple of the videos they are posting on Youtube are hilarious. Especially the one Angelo and his wife erupt into a classic italian style argument – below.

[youtube=http://www.youtube.com/watch?v=xF565-iw4Pc]

If you want to follow it – the twitter stream is here: @angeloin140

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4 reasons they will buy your startup

As far as I can tell their are 4 main reasons that a company will buy your startup. Particular in the web / tech fields:

  1. Talent buy out
  2. Technology buy out
  3. User buy out
  4. Revenue buy out

What’s interesting is that these buyouts happen in that order as well.

The reality is that it’s rare to be the focus of a talent buyout unless you and your team have an incredibly unique set of skills. The tech buy is less difficult and is the savior of many tech startups who have cool stuff with no revenue or customers. In fact, it’s rare enough that we should ignore it as a possibility.

The reality for you and me is that buy out 3 and 4 is where we are likely end up. So the question we must ask ourselves are these:

* If we are aiming for a user buyout, how long can we survive without revenue?

* If we are aiming for a revenue buyout, why don’t we just keep what we’ve built?

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Innovation never ends

I happened upon this video (being a surfer and all) and was totally inspired by the product innovation. In real terms it is innovation at its core:

Problem – Solution.

They had to find and invent the technology to solve the problem. Rather than having some technology they were trying to find a use for. The video is worth watching, as the lesson is one any and everyone can take heed from.

It also reminds me that innovation will never end. Just when we thought the wetsuit solved all the problems it could (cold water / sunburn, wax rash) a human need takes it to the next level. Just like Bucky said: eventually we’ll be able to create everything from nothing.

[youtube=http://www.youtube.com/watch?v=Gqs_kLW7bSE]

Big props goes out to Billabong. If I was running Ripcurl, or a surfing startup, I’d be working on a wetsuit with an oxygen pouch!

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The genius excuse

I’ve heard a lot of people call entrepreneurs ‘a genius‘. Usually when someone has achieved amazing success. The most recent call of ‘genius’ has been directed to Mark Zuckerberg – though some may refer to him as the evil genius. I to have been guilty of this affliction. I play the ‘genius card’, when I have envy over what someone else has achieved.

It’s a great card to play, because it infers luck. It infers that they have been born with unusual and exceptional skill. A lucky sperm! This genius birthright is then the result of their success. Not hard work, not embracing failure, not sleepless nights and hours down in the skunk works. The genius card in reality is our way of justifying our own lack of success, or more aptly – effort.

The challenge we must set ourselves is to stop using the genius excuse. Because we know deep down in our hearts, we are trying to marginalize others success so that we feel a little bit better about ourselves.

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Falling in love with infrastructure

Here’s a list of companies who should’ve done something, yet instead, let someone else do it for them. And in being asleep at the wheel, they will never be as powerful (read relevant) again.

Yellow Pages should have become… Google
Encyclopaedia Britannica should have become… Wikipedia
RCA / Sony / BMG / EMI / Warner should have become… iTunes
Newspaper classifieds should have become… Craigs List
Trading Post should have become… eBay
Barns & Noble should have become… Amazon
Industry X could well become… Your startup

The key point is this. The future doesn’t care about your legacy, or how things were done in the past, it only cares about what people actually want. And people don’t care about your existing infrastructure, they only care about themselves.

There’s a million more of these examples out there, and many more to come. The question is which industry will you disrupt because they are too in love with their existing infrastructure?

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