We have made great strides in developing and teaching skills and processes that help entrepreneurs figure out how to take their ideas, reduce risks and more efficiently test and validate (or invalidate) they’re assumptions. As you probably know I’m a huge fan of the lean startup model and customer development. I’m also really happy to…
“(2030) Order edited or modified” is the latest status on my Chevy Volt order when I checked today… and I’m thrilled! It’s been two weeks since the last change to my Volt order (originally placed on 8/25/2011) and I was craving some update as to the status of my future car… incidentally, the update on…
Trying to get a fire lit when you are camping is sometimes a struggle. Sure, everyone has their 2 cents on how to stack the wood, prime the fire and light a match but ultimately we never know if the fire is going to stay lit, blow out or burn out too fast. Ann Arbor’s…
40! Apparently, as that is the number of teams that have applied to be part of this year’s Michigan Clean Energy Venture Challenge (almost doubling last year)! This is really exciting as we have completely revamped the Michigan Clean Energy Prize to be an acceleration project instead of a business plan competition. The teams that are…
Today is the last day UM students can apply to the Chicago Entrepreneurial Experience 2011 trip. Why is this event important? Each year the Center for Entrepreneurship takes a group of entrepreneurial students on the road to tour amazing startups, build their network and gain feedback on their ideas. We are excited to be taking…
This is the final blog post of the Acceleration Project. See last week’s post for the Acceleration Phase and the first post in this series for an overview of what I’m rambling on about here. On the evening of Thursday, April 21, 2011, 40 student startup ventures met in the basement of the parking garage…
This is the third phase (fourth blog post) of the Acceleration Project. See last week’s post for the Skill Building Phase and the first post in this series for an overview of what I’m rambling about here. I was thinking back to a strategy session I was having at one of my early startups I…
This is the second phase (third blog post) of the Acceleration Project. See last week’s post for the Application Phase and the first post in this series for an overview of what I’m rambling about here. In Colorado Springs, teams gather to sharpen their skills, train and win. They analyze their performance, meet with experts…
“What are the key priorities you need to focus on when you launch a new startup,” is a question that I asked the students in my Entrepreneurial Discussion Group class on Friday afternoon. “Don’t answer,” I told them, “just think about it for a moment then let’s try this exercise before you answer.” I’ve done…
Doug Neal 