Nicholas Karnaze was on stage at Chase Basecamp yesterday. He’s running the startup Stubble & ‘Stache. In addition to a brilliant product origin story full of humorous observations, Nicholas also shared some hard-won wisdom from his entrepreneurial journey.
Here are the five biggest things Nicholas has learned firsthand.
1. Find Your Purpose
What is it that will get you up early every day? What is it that will send you to peaks and sustain you in valleys? What will help you keep your focus? According to Nicholas it was finding his purpose that has led to success.
2. Things Will Always Take Longer Than You Think
Don’t underestimate the time it will take to get stuff done. This includes everything from getting product formulation right, distribution, packaging, and developing supplier partnerships.
3. Carefully Vet Your Partners
This is important even if your partners are friends. A business relationship is different than a friendship. Starting a company will test you and your key relationships in ways that you can’t imagine.
4. Clarify Roles & Responsibilities
Once again, this is especially important if they are friends. Agreeing up front about who owns what and how decisions are made can greatly reduce ambiguity and friction down the road.
5. Get your story straight
It’s the thing that people will engage with. It’s the thing that will help you rise above the clutter.
This inspiring talk was from the Veteran’s track. There are more than 70 programs across eight tracks happening this week at Tampa Bay Startup Week. You can follow along on facebook, twitter, instagram,
There is much to discover and celebrate next week in Tampa!
I’ll be reporting from Tampa Bay Startup Week alongside John Cook from Geekwire, UP Global colleagues Marc Nager, Andrew Hyde, Dave Parker, and a fantastic Tampa Bay team including Ryan Sullivan, Gregg Hilferding, Gracie Leigh Stemmer.
The Tampa Bay startup community has prepared 5 full days of dynamic program tracks running at a range of nearby venues. You can get the unique Tampa Bay take on themes and verticals that are popular across the country like: Maker, Education, Veterans, Youth, and Social Impact. These tracks are complimented with tactical hands-on sessions run by community experts focused on Entrepreneurial Foundation and Coding.
Whether you want to find out more about the Tampa startup community, meet like-minded people, brush up on skills, listen to insightful fireside chats, or get some sage advice—you can design it all into your Tampa Bay Startup Week
If you want to take a break and recharge or get a feel for what’s happening on any given day, #ChaseBasecamp is your hub for the week. That’s where I’ll start planning each of my days. Here are just a few of the cool events already on my sched:
I’m a history buff, especially when visiting a city for the first time. I’m attending Plant and Ybor: Tampa’s Early Entrepreneurs and then the Ybor Walking Tour on Monday. Tampa has been starting industries since the 1830’s. I’m interested to see how culture and entrepreneurship have combined historically.
Top things investors in the Tampa Bay area are looking for in new startups. Could be more proof that you don’t have to be in Silicon Valley or NYC for access to startup funding.
Playable City: Design your city.
Street art, urban design and food trucks. Outside—in February!
Craft Brew Entrepreneurs: Home brew testing and feedback.
Best. Mentoring. Gig. Ever.
I might slip out early for Playable City: Why Play?
Key traits of a fashion entrepreneur. I want to see what’s happening in between the style hubs of NYC and Miami.
So that’s where I’ll be when I’m not at the parties, movie screenings, and other social events, capped off with an open skate party at Amalie Arena on Friday!
If you are part of the Tampa Bay community, now’s the time sign up. (I’m wait listed as some events are already full.) I hope you can stop by #chasebasecamp and say hello to the amazing Chase and Tampa Bay teams that made this all possible.