Building a startup community is not a zero-sum game in which there are winners and losers: if everyone engages, they and the entire community can all be winners.
Brad FeldRead
For a long time, I've ranted against naming your startup community 'Silicon Whatever.' Instead, I believe every startup community already has a name. The Boulder startup community is called Boulder. The L.A. startup community is called L.A. The Washington D.C. startup community is called Washington D.C.
Interpretation
Every startup community should embrace its unique identity rather than adopting generic names.
In this quote, Brad Feld emphasizes the importance of local identity for startup communities. He suggests that each community has its own inherent characteristics and culture that can be better represented by its local name rather than opting for a broad or generic title like 'Silicon Valley.' This focus on specificity fosters a sense of belonging and pride within the community, ultimately leading to more tailored support for local startups.
In practice
A local entrepreneur uses this quote during a pitch to highlight the uniqueness of their business network.
Building a startup community is not a zero-sum game in which there are winners and losers: if everyone engages, they and the entire community can all be winners.
There's a silly notion that failure's not an option at NASA. Failure is an option here. If things are not failing, you are not innovating enough.
It's near impossible to always be right when you're innovating. It's easy to get emotionally invested in it, but you need to monitor its impact like a hawk and react if you don't like what you see. And if/when you pull it back, you want to do that communication with transparency and humility.
Creativity is every company's first driver. It's where everything starts, where energy and forward motion originate. Without that first charge of creativity, nothing else can take place.
We know where most of the creativity, the innovation, the stuff that drives productivity lies - in the minds of those closest to the work.
If every effect of any new products or methods were required to be known before they could be produced and marketed, they would not be true innovations - and thus not represent new knowledge of what people would like, if offered.
Ideas that transform industries almost never come from inside those industries.
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