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Innovation @ MobStac“Can startups innovate?”
Ravi Pratap MCo-founder & CTO
Cisco iSpark - July 10, 2014
About Me
Hyderabadi by birth
Lived in 6 world cities over the last 10 years
Open-source hacker: GNOME, curl, Mono
Startup guy
to introduce changes or new ideas
innovate (verb).
to execute new ideas rapidly until you achieve product-market fit
innovate (verb).
(startup dictionary definition)
Startups have to innovate because survival depends on it!
Axes Of Innovation
Market
Product People
Market Innovation
How do you acquire customers rapidly?
Do you apply the methods that have been working for company X?
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Product Innovation
Focus on solving a problem and nothing else. Obsess over the tiniest details.
Repeatable, if you create a process around it.
Expect failure.
People Innovation
Start with the hiring process!
How do you get people to join a company that no one has heard of?
What makes them come back each day?
Lessons Learned
Take the long-term view.
It’s a long journey. Prepare to fail a lot.
Take chances. Ask the question, “What if?”
Then
Text
Now
25 people.
3 products, 11 patents pending.
