This is a presentation that I gave to graduating Executive MBA students at Colorado University in May 2019. It provides a summary of my personal entrepreneurial journey to create value in Colorado in IoT, Smart Cities and Innovation. Much has been achieved together with incredible collaborators. During each stage reflections are made to encourage these new and brilliant entrepreneurs to guide them on their personal entrepreneurial journey into their life adventure!
How Technologies will change the relationship with Human Resources
Enabling a Colorado Phenomenon - my personal entrepreneurial story
1. (c) Matthew Bailey - May 2019 CU EMBA Pitch Deck Day 1
“My Entrepreneurial Journey within Colorado”
by Matthew James Bailey
2. (c) Matthew Bailey - May 2019 CU EMBA Pitch Deck Day 2
My Mission
“To serve economies, communities and the environment to leverage
innovation eco-systems and technologies that enable co-creation of
their vision for a future society - Smart Cities, Regions and Communities.
These systems are adaptive, resilient, inclusive, safe, environmentally
healthy, supportive, wealth generating and above all, fun for everyone”
“To serve communities of the USA for them to become a global leader in
co-creating “smartly enabled” societies - Smart Cities, Regions and
Communities. This transition is powered by policy, innovation eco-systems
and technologies that enhance economies, community life and
healthy living, i.e. US’ communities are THE greatest and safest place
to live, work and play”
“To enable Colorado to be THE North Star (Lighthouse) and global
phenomenon in Smart Cities, Regions and Rural Communities.The transition
requires a new approach, innovation eco-systems, technologies and
solutions that solve for challenges that communities face today and
tomorrow. These frameworks can be replicated through out the USA and
internationally, thus expediting the global vision of a ‘Smartly Enabled’ future”
3. (c) Matthew Bailey - May 2019 CU EMBA Pitch Deck Day 3
Some Successes
473 cities, 58 countries
IoT wireless technologies
LPWAN, NB-IoT
Smart City Best Practices
Edge Compute Standards
G7 leaders
Governments200+ keynotes
TV, Radio, Media
Global Leaders
International
Recognition
4. (c) Matthew Bailey - May 2019 CU EMBA Pitch Deck Day
Colorado Successes
Colorado’s first IoT Accelerator
US’s first state wide Smart City Alliance
Sold out international Smart City event Smart City Innovation Center
5. (c) Matthew Bailey - May 2019 CU EMBA Pitch Deck Day 5
A bit about me..
Reflection 1
Entrepreneurs can be successful no matter their
background. Family support is important.
Entrepreneurship is a calling.
6. (c) Matthew Bailey - May 2019 CU EMBA Pitch Deck Day 6
My Colorado Story 2015
Reflection 2
Become a thought leader in your field. Develop your brand.
Educate target audiences - speaking, thought leadership.
Create a vision. Influence don’t control.
The right people will be “attracted” to support that vision.
Expect the power of serendipity. Collaborate mindfully
Introducing the IoT.
This is what it is. This is how it is being
used across the world. This is how it
can create value within Colorado. This
is how you can get involved
IoT interest spread across Colorado.
IoT Accelerator started to be developed.
Denver South EDP and Arrow gathered
around the vision
7. (c) Matthew Bailey - May 2019 CU EMBA Pitch Deck Day 7
Colorado’s First IoT Accelerator
Reflection 3
Don’t be frightened to test ideas.
These provide valuable lessons
Delight in the positives and iterate vision
Re-group and go again - wiser and mindfully
• National Cohort
• Local Collaborators
• Power of the CO community
• New accelerator methodology
• Unique IoT Curriculum
• Lean Startup
• MVP
• Investors
• Scaling Partners
• Pitch days
Business Culture and Purpose
Valuable trial run.
Important lessons
learned
8. (c) Matthew Bailey - May 2019 CU EMBA Pitch Deck Day 8
The Colorado Smart Cities Alliance
(Phase 1)
• US’ first state-wide Alliance
• Viewed as next economic model (G7)
• Template for other US’s states
• Based on Impact Phenomenon and Prime Health
• Leveraged Colorado’s culture
• Multi-stakeholder
• MVP Launch in Denver South
• 20 cities across the state
• Federal Labs (NCAR/NREL)
• Education - CU - DU - CSU
• Private Sector, Business Communities
• 85 % Colorado Population
• 95% Colorado GDP ($300BN)
Reflection 4
Wise allies came who shared the same vision
Achievement of success. Celebrate!
The mission is making tangible progress
The MVP approach was mindfully done
Communities across Colorado are engaged
Still learn lessons and be mindful
What is next to build on success and keep the
mission moving forward?
9. (c) Matthew Bailey - May 2019 CU EMBA Pitch Deck Day 9
Smart City Innovation Center
(Phase 2)
Smart City Innovation Center
The Guru was wise. Phase 2 started whilst phase 1 was
underway - a Smart City Innovation Eco-system!
• Educational phase
• Based on Smart City Whitepaper
• Strategy document defining its shape and purpose
• Socialized and championed (idea tested)
• Develops solutions for Smart Cities at scale!
• Fast tracks Colorado becoming “smartly-enabled”
• Enables regional solutions
• Eco-system of global tech leaders/tech/solutions
• IoT/Edge Compute/LPWAN/Artificial Intelligence
• Template for other US’s states
• Lighthouse for North America and World
• Potential to enable Smart City technology cluster
• First Colorado Smart Cities event
• International audiences
• Sold out (450 people)
• Three floors packed with solutions
• Announced Smart City Innovation Center
• Intel announce new Artificial Intelligence
• Fantastic feedback!
Wow, that’s cool!
Only 18 months!
Take a break and rest
Influence carefully
Collaborate, Patience
What is next for you?
Trust the Magic!
10. (c) Matthew Bailey - May 2019 CU EMBA Pitch Deck Day 10
What’s next?
Whitepapers (build on phase 1 and phase 2)
1. Colorado Smart City technology cluster
2. National Artificial Intelligence Super Cluster (Colorado)
3. Smart Rural Communities
4. Data as a new citizen and social currency
Take Colorado Smart Cities story national and global
Open to new possibilities to serve Colorado, USA, new Territories
Allow others to lead phase 1 and phase 2
Be available to guide when asked
Take time to reflect and learn lessons from P1/P2
How did this journey serve you?
How must the next entrepreneurial journey serve you?
What must you do to get ready?
What support doe you need for success?
What does success look like and for whom?
11. (c) Matthew Bailey - May 2019 CU EMBA Pitch Deck Day 11
Some advice…
Find your inspiration - people, books, films
Learn from heroes and history. How others achieved success
Be brilliant. Let your magic shine.
Seek a mentor, enjoy success, take self care
You ARE success! Have fun! Enjoy adventure!
12. (c) Matthew Bailey - May 2019 CU EMBA Pitch Deck Day 12
Happy Pitch Day!
linkedin.com/in/matthewjbailey @pionerIoT
matthew@matthewjamesbailey.com