XConomy’s “5×5” Forum in Boston this month attracted some of the best and the brightest in the technology industry. Below is a summary, largely taken from Greg Huang’s excerpts on-site.
1. Bill Warner emphasized his more unconventional approach to startups. “I intend to help people follow their heart,” he said. “I believe people are pushed to follow their head.” A startup’s philosophy boils down to what he calls the “negotiated invention” model—what most entrepreneurs follow by leading with their idea or technology and making compromises based on the market and egos versus from their soul and heart.
2.Client CarWoo provided tips on how to become the next . Founder and CEO Tommy McClung, from the Bay Area, talked about targeting established business models in big markets, which are “usually ripe for disruption”; riding the emerging trend of “online to offline” and balancing incentives for customers.
3. Kiva Systems is cash-flow positive and now gets business from 10 of the top 100 retailers, including Amazon (Zappos,), Staples, and .
4. TerraPower has a 20-year goal: cheap, safe, and plentiful energy for everyone, and the eradication of poverty. For Greg’s full write-up, click here.
Disclosure Note: I am a consultant for CarWoo.
Renee Blodgett is the founder of We Blog the World. The site combines the magic of an online culture and travel magazine with a global blog network and has contributors from every continent in the world. Having lived in 10 countries and explored nearly 80, she is an avid traveler, and a lover, observer and participant in cultural diversity.
She is also the CEO and founder of Magic Sauce Media, a new media services consultancy focused on viral marketing, social media, branding, events and PR. For over 20 years, she has helped companies from 12 countries get traction in the market. Known for her global and organic approach to product and corporate launches, Renee practices what she pitches and as an active user of social media, she helps clients navigate digital waters from around the world. Renee has been blogging for over 16 years and regularly writes on her personal blog Down the Avenue, Huffington Post, BlogHer, We Blog the World and other sites. She was ranked #12 Social Media Influencer by Forbes Magazine and is listed as a new media influencer and game changer on various sites and books on the new media revolution. In 2013, she was listed as the 6th most influential woman in social media by Forbes Magazine on a Top 20 List.
Her passion for art, storytelling and photography led to the launch of Magic Sauce Photography, which is a visual extension of her writing, the result of which has led to producing six photo books: Galapagos Islands, London, South Africa, Rome, Urbanization and Ecuador.
Renee is also the co-founder of Traveling Geeks, an initiative that brings entrepreneurs, thought leaders, bloggers, creators, curators and influencers to other countries to share and learn from peers, governments, corporations, and the general public in order to educate, share, evaluate, and promote innovative technologies.
