Harvard i-lab | Build Your Startup From the Heart with Bill Warner | Summary and Q&A

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February 24, 2014
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Harvard Innovation Labs
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Harvard i-lab | Build Your Startup From the Heart with Bill Warner

TL;DR

Startups should be built with intention and belief in order to create a lasting impact. Fear can hinder progress and decision-making, but by acknowledging and discussing fears, they can be overcome.

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Key Insights

  • 🥰 Building startups from the heart means following intuition and doing what feels right, rather than solely relying on logical decision-making.
  • 😨 Fear can hinder progress in building a startup, but by acknowledging and discussing fears, they can be overcome.
  • 💪 Intentions and beliefs drive the success of startups, and a strong sense of purpose is essential for making a lasting impact.
  • 👯 Startups should be built with a focus on helping people and solving real problems, as this creates value and attracts customers.

Transcript

how many of you have a startup one okay a few okay good oh good okay good all right this this is It's Like These airplane things where it's like this is going to Tulsa I hope you want to go to Tulsa um and and um this is build your startup from the heart so um I'm going to talk to you about a couple startups that I did um this is going to be very i... Read More

Questions & Answers

Q: How did the speaker come up with the idea for their first startup, Avid Technology?

The speaker was working on video editing and realized the need for a more efficient system. This led him to start Avid Technology, with the intention of helping people tell their stories through easier video editing tools.

Q: How did the speaker overcome their fear of quitting their job to pursue their startup full-time?

The speaker acknowledged their fear but also recognized the potential for growth and impact. They weighed the benefits of their full-time job against the passion and potential of their startup, ultimately deciding to take the leap.

Q: How can fears hinder progress in building a startup?

Fears can cloud judgment and prevent individuals from taking necessary risks. It is important to address and discuss fears in order to move forward and make informed decisions.

Q: Why is it important for startups to be built with intention and belief?

Intention and belief drive passion and dedication, allowing startups to make a lasting impact. Startups founded with genuine intention and belief are more likely to overcome obstacles and succeed.

Summary & Key Takeaways

  • The speaker shares personal experiences with starting different startups, including video editing and helping parents with educational toys for babies.

  • He emphasizes the importance of building startups with intention and following what feels right.

  • The speaker discusses the power of beliefs and the need to address and overcome fears in order to move forward and make a meaningful impact.

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