Startupbootcamp IoT

RE: Lessons from an IoT & Hardware Accelerator: Things Startups Need to Know

messages@element14.com — Tue, 27 Jun 2017 19:00:04 GMT

Great stuff from Ben here. Startupbootcamp IoT co-founder and managing director will be presenting a Webinar for us on Thursday 6th July at 5pm GMT, on the subject of getting your hardware startup ready for investment.

You can sign up to attend by following this link - Getting Your Hardware Startup Ready for Investment

It's going to be a good one!

RE: Lessons from an IoT & Hardware Accelerator: Things Startups Need to Know

messages@element14.com — Tue, 27 Jun 2017 08:41:10 GMT

Money is always an issue but, as you say, it's not always because it's not available. Often it's because people don't know what to do with it and they spend it on futile exercises, whether that be around marketing or product development.

RE: Lessons from an IoT & Hardware Accelerator: Things Startups Need to Know

messages@element14.com — Tue, 27 Jun 2017 08:39:46 GMT

Older mentors are key, and the best ones come with years of experience. Many startups are fooled by someone putting 'mentor' on their LinkedIn profile. It's difficult to be a good mentor and that comes with age.

RE: Lessons from an IoT & Hardware Accelerator: Things Startups Need to Know

messages@element14.com — Mon, 26 Jun 2017 23:18:07 GMT

These are good tips.

I've worked with a lot of entrepreneurs and start-ups and seen all the problems they face. I'm sure most people know the number one reason for failure is money. But not necessarily because none is available. From my experience the number one reason for failure is greed. When the inventor expects or "needs" to make millions off their pet idea, they turn down reasonable investment offers. They almost always refuse offers that involve losing controlling interest in the product.

It is vanishingly rare to realize all your dreams in such a scenario. Most successful entrepreneurs have failed (and learned from it) before they became successful. It is probably far better to get what you can out of your first big idea, especially experience, and count on having more great ideas that you can launch with some experience and achieve greater success.

RE: The Road to Demo Day - Startupbootcamp IoT | Connected Devices

messages@element14.com — Tue, 21 Mar 2017 02:12:16 GMT

Very inspiring video : ) Lots of cool ideas.

I happened to visit about a week ago (not for startup purposes, I was just looking for a desk to work at), and I loved the workbenches that are in the video.

Basically they are constructed from metal tube, and a slab of wood. Really simple and clean.

The work environment is great. And upstairs the co-working area is always buzzing with ideas it seems.