I take a lean-startup approach: creating agile, interdisciplinary teams that get the minimum viable product to market as soon as possible. It's my job to be entrepreneur-in-residence, an internal change agent.
Sentiment: POSITIVE
I basically apply with my teams the lean startup principles I used in the private sector - go into Silicon Valley mode, work at startup speed, and attack, doing things in short amounts of time with extremely limited resources.
The Lean Startup is a process for turning ideas into commercial ventures. Its premise is that startups begin with a series of untested hypotheses. They succeed by getting out of the building, testing those hypotheses and learning by iterating and refining minimal viable products in front of potential customers.
The Lean Startup process builds new ventures more efficiently. It has three parts: a business model canvas to frame hypotheses, customer development to get out of the building to test those hypotheses, and agile engineering to build minimum viable products.
The Lean Startup has evolved into a movement that is having a significant impact on how companies are built, funded and scaled.
I've been doing a hybrid of investing and entrepreneurship, which I think initially I wasn't set out to do. But I realized it fit my personality.
I like the strategy of finding great entrepreneurs early, giving them some money, helping them a little - perhaps not as much as we would a regular core investment.
Being an entrepreneur is my dream job, as it tests ones tenacity.
Ultimately, I'm in the fitness industry. But, I've branched out from there quite a bit. I began doing consulting on writing and getting published in magazines in about 2011. Right around that time, I started doing some angel investing and looking to grow my skills and general experience outside of that.
I've been an entrepreneur all my life, and my recent focus is on finding entrepreneurial solutions to address global challenges in healthcare and education.
All throughout my life I have been deeply immersed in startups, either because I was running one or investing in them or helping them.
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