About the author: Glenn Vicary participated in Louisville’s 7th Startup Weekend in 2015..
Startup weekend might be competition, but the experiences you gain are the real prize. It’s a great weekend full of new experiences and connections. This year, startup weekend is located at the University of Louisville College of Business, a great place with history of entrepreneurship. Everyone can read books and talk about achieving their ideas, but why not spend two days making it a reality? Start-up weekend is a crazy blur of working on an idea with people and help making it happen. Each person is unique, which is why startup weekend groups people into three categories; hustler, programmer and designer. This way, individuals can use their strengths, or develop new ones.
Do you know how to convince a stranger to buy a new product? Your widget will need a great website and a way to accept payment. How about making cold calls to find experts to give input in your business’s formation? Now what about within a 48-hour period?
We finally settled on creating a pizza Priceline service. By the end of the weekend, we had created a website, developed a working contract with local pizzerias, received angry phone calls from hotels for soliciting their customers, and most importantly, sold pizzas to people GENERATING REVENUE! More importantly, we had developed a tremendous network of friends and contacts.
It’s a great process, because you are given the opportunity to pitch your own ideas, but also choose which team you would like to work with. Additionally, they always have great mentors who are there to help you develop your project and and skillset. I highly recommend participate in this rewarding opportunity.
RSVP for Startup Weekend #8 today!
Note: Early bird pricing ends Friday, February 12 at 11:59PM.
If you read this post after March 11-13, 2016, always visit http://www.louisvillestartupweekend.org for the next event.
Guest post By Adrian Brown, First Harrison Bank, Director of Business Development
I attended my third local Startup Weekend event in March at First Build. When I tell people that, I usually get the question, ‘What is a business banker doing spending time at an event with companies that are less than 72 hours old?’ After my initial snarky comment that bankers are cheap and will do anything for a free t-shirt, I give them the real answer.
The main reason I go is to see entrepreneurship at its core. It is fun and exciting which is an energizer to anyone that attends. The energy and creativity in the room make a room of 65 seem like 300. The objectives don’t appear to be to get rich but to solve problems and makes people’s lives easier. The ideas are unique and it is always amazing to see the real progress they make on an idea in a short period of time.
First Harrison Bank has been a sponsor of the last three Louisville Startup Weekend events. We feel the local start up community is vital to the culture and future economy of our community. The organizers, local start up leaders Daniel Johnsen, Kelby Price, Joanna Cruz, and others do a fantastic job. This event has many moving parts and they pull it off seamlessly.
There are great things happening locally in the startup community. I encourage local established businesses to support these efforts as, in time, the ROI will be off the charts.
Note from the Startup Weekend organizing team:
As you build your business relationships are key. There are 5 key relationships you should have: a banker, insurance agent, lawyer, accountant and marketer. Select and nurture the relationships that work for you and your business. First Harrision is a multi-event sponsor for Startup Weekend Louisville in addition to being involved in banking solutions for individuals, businesses and investors.
RowdMap was proud to sponsor Startup Weekend Louisville, we were pleased to join other entrepreneurs and forward-thinking individuals for this innovation filled event. We are very excited to see this happening right in our backyard – smack in the middle of “Cane-tuck-e” especially at the heels of presenting at several national conferences including South by Southwest.
The impressive bunch of participants at Startup Weekend Louisville provided the entrepreneurial spirit and we provided America’s oldest spirit – bourbon. There is a lot entrepreneurs can learn from the Bourbon industry – Bourbon was once an old southern man’s drink, and now it’s one of the fastest growing spirits in the country and significantly increasing its audience.
It’s important for any business, and disproportionately important for start-ups, to know their markets – converting a vodka drinker to a bourbon drinker isn’t the same as converting an Evan Williams drinker to a Wild Turkey drinker: in any industry different markets have different kinds of people and they need to be treated accordingly.
Start-ups should have a deep understanding of the underlying factors driving their and their competitors’ business in the geographies they operate to first get a sense of the lay of the land and then predict their own risk- readiness. As an entrepreneur, ask yourself – are the systemic drivers of my markets creating headwinds or tailwinds for my business, and how am I equipped to face them?
At RowdMap, we like to say that everyone in the healthcare industry is now a Start-Up thanks to the mass of amount of data now available and the significant changes happening in the industry specifically the move to pay-for-value payment models, and we have built a Risk-Readiness Platform that helps payers and providers measure themselves against national and regional benchmarks and negotiate the best risk arrangements for their organizations.
Not only must you know your market, but you have to invest in talent. Talent can come from unexpected places, like the administrative assistant who became a Master taster at one of the leading bourbon distilleries. Change how you think about talent and invest heavily in it (psst we noticed all the talent at Start-up Louisville Weekend and wanted to remind people we are hiring).
Finally, industries are always changing. You need to be ready to make changes to stay relevant. Several bourbon brands have done this to gain market share and go from a low-class brand to the best bourbon for the value. Find where you fit and don’t be afraid to change if necessary.
It was fun sharing a glass of bourbon with you all at Startup Weekend Louisville and remember we are always hiring… analysts, client strategists, sales, feng shui and consultants.
FOR IMMEDIATE RELEASE
Contact: Daniel Johnsen
Startup Weekend Louisville Helping Entrepreneurs Move, Evaluate & Execute Over a Weekend
Louisville, KY – Jan 20, 2015 – March 6th to 8th, entrepreneurs and creative minds will be taking over FirstBuild on the University of Louisville Belknap Campus. Organizers and volunteers of Startup Weekend Louisville have been working behind the scenes to ensure that this event provides not only inspiration, but also the resources required for building and launching a viable, scalable company. In the last 5 events, more than 300 area entrepreneurs presented over 100 ideas to gain valuable feedback and learn how to launch a company.
Startup Weekend Louisville facilitators share theory behind how to launch a company with like-minded individuals from a variety of backgrounds and unique life experiences. It is then up to the teams that rally behind a concept to put the theory into practice over the weekend. Movers and shakers in the region guide the startups to create a scalable business that meets a defined market need.
Having an idea is part of the equation to launching a startup, one of the other key parts is about the team. Because Startup Weekend attracts software engineers, designers, makers, marketers and anyone else interested in starting a business it is common for deep relationships to be formed. The relationships often grow beyond the confines of the weekend with new business formed and deeper relationships continue to cultivate to solve community problems.
“Startup Weekend is a can’t miss event for any designer, budding entrepreneur, software developer, students and anyone that wants to challenge themselves by starting a business,” commented Katie Bush, Founder & Creative Director of Katie Bush Design. “I’ve participated in Louisville’s Startup Weekend as a designer, mentor, judge and look forward to feeling the energy everyone brings.” Katie Bush will share an energetic keynote on Friday, March 6, 2015 to kickoff the event, telling stories of her experience of working with startups around the United States.
There will be knowledgeable and successful entrepreneurs in attendance to inspire, share and mentor each team throughout the weekend. We hope to see you there!
For Additional Information Please Contact:
Contact: Daniel Johnsen
About Startup Weekend Louisville
Startup Weekend Louisville is an intense 54 hour event where a community of entrepreneurs, business startup enthusiasts, web and software developers, designers, marketing gurus and anyone interested in building a business will come together over the course of a weekend to share ideas, form teams, and launch a startup.
No Talk, All Action – Launch a Startup Business in 54 hours.
About Startup Weekend
Startup Weekend is a global network of passionate leaders and entrepreneurs on a mission to inspire, educate, and empower individuals, teams and communities. Come share ideas, form teams, and launch startups.