IDCEE 2014: Creating A Moment: Lessons Learned From Scaling A Company To Four Continents In Two Years - Gary Whitehill (Founder @ Burst & Entrepreneur Week)
http://idcee.org/p/gary-whitehill/
Gary believes entrepreneurs need to be at the epicenter of radical global economic development.
In 2009, Gary engineered the globally recognized event platform to empower entrepreneurs. Entrepreneur Week was an ongoing series of panels, keynotes, roundtables, and mentoring sessions focused on propelling early and growth-stage entrepreneurs to achieve their personal and professional goals. In just two years, Entrepreneur Week became a global ecosystem and scaled to four continents; curating more than 500 speakers who shared their stories with more than 6,000 entrepreneurs, a group responsible for more than $7 billion in revenue. The platform has been adopted by Stanford University, IBM, and many others.
In Gary's view of the world, communities grow rapidly only when entrepreneurship accelerates socio-economic progress through connection, innovation and knowledge-sharing. Currently, he is particularly focused on creating platforms and infrastructure to unlock the invisible and unrealized potential of business ecosystems.
Gary lives in Silicon Valley and resides on the Global Board of Directors for the Dell Center for Entrepreneurs and has been featured in industry-leading publications including the Harvard Business Review, Inc, and the New York Times.
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IDCEE 2014: Creating A Moment: Lessons Learned From Scaling A Company To Four Continents In Two Years - Gary Whitehill (Founder @ Burst & Entrepreneur Week)
1. Creating a Global Movement:
How to Scale to Four Continents in Two Years
O C TO B E R 9 , 2 0 1 4
8. Lifecycle of a Successful Movement
STEPS 1-5
Subjective:
What does success look like personally?
@GaryWhitehill
9. Lifecycle of a Successful Movement
STEPS 6-8
Objective:
What does a successful Movement look like?
@GaryWhitehill
10. ( L I F ECYCLE OF A SUCCE S SFUL MOV EMENT )
Core Values (Why)
STEPS 1 - 5 : SUBJECTIVE
P E R S O N A L S U C C E S S :
1. Who are we? Personality.
@GaryWhitehill
11. ( L I F ECYCLE OF A SUCCE S SFUL MOV EMENT )
Core Values (Why)
STEPS 1 - 5 : SUBJECTIVE
P E R S O N A L S U C C E S S :
1. Who are we? Personality.
2. What do we want? Purpose.
@GaryWhitehill
12. ( L I F ECYCLE OF A SUCCE S SFUL MOV EMENT )
Core Values (Why)
STEPS 1 - 5 : SUBJECTIVE
P E R S O N A L S U C C E S S :
1. Who are we? Personality.
2. What do we want? Purpose.
3. Where to focus? Story.
@GaryWhitehill
13. ( L I F ECYCLE OF A SUCCE S SFUL MOV EMENT )
Culture (Trust)
STEPS 1 - 5 : SUBJECTIVE
P E R S O N A L S U C C E S S :
1. Do we have the will?
Mission & Vision.
@GaryWhitehill
14. ( L I F ECYCLE OF A SUCCE S SFUL MOV EMENT )
Culture (Trust)
STEPS 1 - 5 : SUBJECTIVE
P E R S O N A L S U C C E S S :
4. Do we have the will?
Mission & Vision.
5. Is it possible?
Standard Analysis.
@GaryWhitehill
15. ( L I F ECYCLE OF A SUCCE S SFUL MOV EMENT )
Team (What)
STEPS 6 - 8 : OBJECTIVE
A S U C C E S S F U L M O V E M E N T :
6. How Specifically?
Value Proposition.
@GaryWhitehill
16. ( L I F ECYCLE OF A SUCCE S SFUL MOV EMENT )
Team (What)
STEPS 6 - 8 : OBJECTIVE
A S U C C E S S F U L M O V E M E N T :
6. How Specifically?
Value Proposition.
7. What should be built & by when?
Unique ability in the market.
@GaryWhitehill
17. ( L I F ECYCLE OF A SUCCE S SFUL MOV EMENT )
Team (What)
STEPS 6 - 8 : OBJECTIVE
A S U C C E S S F U L M O V E M E N T :
6. How Specifically?
Value Proposition.
7. What should be built & by when?
Unique ability in the market.
8. What to benchmark & monitor?
Change the world.
@GaryWhitehill
18. Establishing Values
GOAL: FIND A TRIBE
• Ask the right questions: key to advancing an idea.
• Reinstate imagination: any vision builds upon construction or reconstruction.
• Penetrate despair: prophetic moral visions enable others to believe in and
embrace new futures. (it does not ask if the vision can be implemented).
• Timing is key: movements build when a form of popular dissent says, “there
is a better way, there is a moral way.”
• Repeat business vs. loyalty: leadership is the ability to rally people nor for a
single event, but for years.
• Promote WAAINTT: reduces friction and cost, providing massive peace of
mind for all as “we are all in this together.”
@GaryWhitehill
19. @GaryWhitehill
Attributes of a Movement
DE F INE ORGANI Z ING PRINCI PL E
OF ACT ION
• Money: chasing the market. Leads to
Unprincipled, chaotic, efficiency-based
decision making.
• Minds Hands
• Culture: solving a deep-rooted social
challenge. Leads to intentional,
benchmarked.
• Hearts Hands Minds
20. @GaryWhitehill
Attributes of a Movement
P S YCHOLOGY BEHIND BUI LDING
MOV EMENT S
(WHY P EOP L E S TART & JOIN THEM)
• Motivation: a sense of purpose or
belonging. Very little to do with any
external incentive.to act becomes
deeply personal
• Vision: an intensity communicated set of
passionate principles which strike at and
rally core tribal ethos.
MOVEMENTS ONLY SCALE WHEN STRUCTURED
AROUND CULTURAL CONTEXT.
21. @GaryWhitehill
Define Scale
• The power of movements = starts out small with those who believe
passionately in something, but ends up changing the world.
30. @GaryWhitehill
Enabling Leverage
• Systems & processes: impact cannot
easily be replicated.
• Organizing is a process: create long-term
campaigns that mobilize a certain
constituency in well-timed waves, to
press for specific demands from a
particular target, using a defined strategy
and escalating tactics.
• A role for all: organizations must have
defined roles to engage anyone who is
interested in the cause.
GOAL: LOWER TRANSACTION COSTS
& NETWORK BARRIERS
31. Why Traditional Structures Do Not Work
Which then leads to these one-to-one
interaction between stakeholders:
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L EADING TO: • Aggression
• Domination
• Power
• Conquest
• Rigidness
• Denseness
32. Why Movements Do Work
Leads to an opportunity to have
network effect-driven interactions:
@GaryWhitehill
L EADING TO: • Progressiveness
• Individuality
• Freedom
• Empathy
35. Quick Hit Advice
• A movement is diverse: there are many paths to reach the same goals.
• Talk about “why”: instead of the product or competitors.
• Stop thinking like MBA’s: No initial focus on price/sales/profit, etc.
• Communicate: Be engaging vs. broadcasting.
• Build great leaders: use an intention map + community management.
• Ignite Your Movement: the Next 24 Hours
• Envision the future: 1/3/5yr goals. Top 5 for each.
• Architect a resource roadmap: what do you have/need?
• Cultivate diversity: engage those outside your tribe.
• Work on the pitch: what matters in 15secs or less, and why?
@GaryWhitehill