Not just a Big Idea…
July 3, 2008
It seems like a bit of a pun, starting up a blog about start-ups. Just a humble beginning about things with mostly humble beginnings, lots of drive, a bit of ingenuity, and a single big idea. For this blog, the big idea is to promote and discuss start-up activities in North Carolina: new initiatives, venture capital, incubators, etc.
Lets start off with a local start-up weekend on July 11-13 in Raleigh. Here is the concept: a seemingly random (though self-selected) group of people spend a weekend together with the big idea of creating a company from concept to launch. The organizers are Jess Martin and Wayne Sutton, two local guys passionate about the dynamics of the start-up community. The details are here: http://rtp.startupweekend.com.
There have been two dozen start-up weekends in the US and abroad since the idea’s roots in 2007 (more here: http://startupweekend.com). You can wonder what the chances are of a successful start-up with the randomness of people selecting themselves to be part of it and the huge time-crunch going from nothing to launch in a weekend. I don’t have any knowledge (yet) about the success or survival of the companies that sprouted from past start-up weekends, but their success or failure is not really the point. At a middle school science fair you don’t expect to see a demonstration of perpetual motion, but you do know these kids are expanding their minds. Similarly, these start-up weekends are like a science-fair for talent, ideas and entrepreneurial energy to flow freely and explore. Ideas are born and developed, friendships are made and seeds are planted. Its like creating a new recipe — throw some good ingredients together and see what happens.
The concentrated nature of the start-up weekend allows tremendous exploration and sorting out of big ideas, applications and execution. For a successful start-up it requires all three of those and not just a big idea. I welcome comments and stories from past participants.
-marc

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