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Major Key Alert: Entrepreneurship Edition

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The three keys to my success:
1. Use your unique experiences - positive or negative - to your advantage.
2. You can do anything but not everything.
3. Value lies in the intersection of verticals.

A talk given at Shortridge High School in Indianapolis on February 5, 2016.

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Major Key Alert: Entrepreneurship Edition

  1. 1. @KevLeht Major key alert 🔑: Entrepreneurship Edition
  2. 2. @KevLeht Hi, I’m Kevin
  3. 3. @KevLeht 64% of jobs are from small businesses
  4. 4. @KevLeht My Path
  5. 5. @KevLeht
  6. 6. @KevLeht
  7. 7. @KevLeht
  8. 8. @KevLeht Career Director of Product Management Founder Founder Managing Director
  9. 9. @KevLeht What is a start up?
  10. 10. @KevLeht A human institution designed to create a new product or service under conditions of extreme uncertainty. - Solves problems - High risk - Small - Flexible - Driven by people - Ultimate equalizer
  11. 11. @KevLeht 🔑 You’re different. Use it to your advantage.
  12. 12. @KevLeht Demand Unique Supply
  13. 13. @KevLeht Minecraft
  14. 14. @KevLeht 🔑 You can do anything but not everything
  15. 15. @KevLeht Astronaut Bachelor’s Degree 4 - 5 Years Master’s Degree 2 Years Optional PhD 4 - 5 Years Experience 3 Years Basic Training 2 Years Back-up Functions 5 Years Mission Training 2 Years Total 24 Years
  16. 16. @KevLeht President Bachelor’s Degree 4 Years Work Experience 3 Years Law School 3 Years Work Experience 6 Years Political Office 11 Years Total 27 Years
  17. 17. @KevLeht CEO Bachelor’s Degree 4 - 5 Years Master’s Degree 2 Years Engineer 10 Years Managers 8 Years Vice President 3 Years Executive Vice President 3 Years Total 31 Years
  18. 18. @KevLeht Linear Growth 0 4 8 12 16
  19. 19. @KevLeht Power Law -5 46.25 97.5 148.75 200
  20. 20. @KevLeht Power Law -5 46.25 97.5 48.75 200 46.25 97.5 148.75 200 46.25 97.5 148.75 200 46.25 97.5 148.75 200 46.25 97.5 148.75 200
  21. 21. @KevLeht 🔑 Value lies in the intersection of verticals
  22. 22. @KevLeht Examples? Taxis + Mobile Phones Phonebook + Internet Radio + Music Library + Internet
  23. 23. @KevLeht 🔑 Value lies in the intersection of verticals 🔑 You’re different. Use it. 🔑 You can do anything but not everything
  24. 24. @KevLeht kl@kevn.io http://kevinlehtiniitty.com kevinlehtiniitty Questions? @KevLeht @infinitekevin @KevLeht

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