Tag Archives: University of Michigan

Leaving Safe Harbor

The wind was a steady 25 knots gusting to 30 at 10am Saturday morning. Outside the harbor break wall the waves were 8-10 feet rolling South towards our next port of call and I had a decision to make: Stay … Continue reading

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3 Days, 80 Scientists, 300 Customer Interviews

This week was the kick off of the University of Michigan Innovation Corps (I-Corps) summer session where 80 scientists, engineers and mentors gathered in Ann Arbor to participate in the 8-week entrepreneurial-immersion program developed by Steve Blank and the National … Continue reading

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Chance Favors the Connected Mind

Great progress has been made in developing processes and tools to help entrepreneurs take an idea and search for the right business model and turn it into a new venture. Not a lot, however, has been done to develop processes … Continue reading

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Testing Ideas with Customers

I’ve sat through approximately 50 pitches in the last 2-3 weeks and many times I hear a common example of how the teams have tested their ideas with customers… “We went out and showed our prototype to a bunch of … Continue reading

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Celebrate Invention at A2 Draws Big Crowd

Last night the University of Michigan’s Tech Transfer Office held their annual Celebrate Invention event.  This event is held each fall to celebrate and honor inventors that are working on exciting new commercial opportunities using U-M IP. It was a cold and … Continue reading

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Chicago’s Entrepreneurial Spirit is Burning Bright

Today ends a 3-day fast paced visit to Chicago for myself and many UM entrepreneurial students who came here to engage the Chicago entrepreneurial network. On Sunday, I was thrilled to see so many wolverines participating in Chicago’s Startup Weekend … Continue reading

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Disruptive Ideas Require Identifying Core Value

Consider this question:  ”Describe the value of a gas station”. I like to ask entrepreneurs this question as a thought experiment of how hard it is sometimes to isolate value from something we are used to experiencing every day. A … Continue reading

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Creating Disruption

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 … Continue reading

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Record Applications for TechArb (session #7)

A record number of University of Michigan student startup teams have applied for access to TechArb for the upcoming session (#7 – November 2011 through April, 2012). Tomorrow (Monday) we have interviews with each of the startup teams that are … Continue reading

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(2030) Order edited or modified

“(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 … Continue reading

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