strata ignite 2013 | a tale of two kinds of startups

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In this Strata Ignite presentation, Jen van der Meer of Luminary Labs explores the difference between two kinds of startups: the Badass and the Superbadass.

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Page 1: Strata Ignite 2013 | A Tale of Two Kinds of Startups

LUMINARY LABS @JENVANDERMEER @LUMINARYLABS

A TALE OF TWO KINDS OF STARTUPSJen van der Meer

STRATA IGNITE OCTOBER 28, 2013

Page 2: Strata Ignite 2013 | A Tale of Two Kinds of Startups

Jen van der Meer@JENVANDERMEER

Page 3: Strata Ignite 2013 | A Tale of Two Kinds of Startups

&There are two kinds

of startups.

BADASS.

SUPER BADASS.

Page 4: Strata Ignite 2013 | A Tale of Two Kinds of Startups

BADASS: LEAN STARTUP

Lean startup loop

Page 5: Strata Ignite 2013 | A Tale of Two Kinds of Startups

BADASS: LEAN STARTUP

SUPER BADASS:STARTUPS THAT MAKE YOU LEAN

Lean startup loopWearable fitness devices

Page 6: Strata Ignite 2013 | A Tale of Two Kinds of Startups

BADASS: GET TRACTION

Acquisition funnel. 500 hats version.

Page 7: Strata Ignite 2013 | A Tale of Two Kinds of Startups

BADASS: GET TRACTION

Transtheoretical model (TTM). Developed in the 1980s by alcoholism researchers James O. Prochaska and Carlo C. DiClemente

SUPER BADASS:CHANGE BEHAVIOR

Acquisition funnel. 500 hats version.

Page 8: Strata Ignite 2013 | A Tale of Two Kinds of Startups

BADASS: FAILURE IS THE NEW SUCCESS

Page 9: Strata Ignite 2013 | A Tale of Two Kinds of Startups

BADASS: FAILURE IS THE NEW SUCCESS

IOM: Preventable medical errors are the 6th leading cause of death in the US.

SUPER BADASS:ZERO POINTS OF FAILURE

Page 10: Strata Ignite 2013 | A Tale of Two Kinds of Startups

BADASS: PERMISSION MARKETING

Permission marketing is the privilege (not the right) of delivering anticipated, personal and relevant messages to people who actually want to get them. _Seth Godin

Page 11: Strata Ignite 2013 | A Tale of Two Kinds of Startups

BADASS: PERMISSION MARKETING

Permission marketing is the privilege (not the right) of delivering anticipated, personal and relevant messages to people who actually want to get them. _Seth Godin

Informed consent is a process for getting permission before conducting a healthcare intervention on a person.

SUPER BADASS:INFORMED CONSENT

Page 12: Strata Ignite 2013 | A Tale of Two Kinds of Startups

BADASS: BIG DATA

Page 14: Strata Ignite 2013 | A Tale of Two Kinds of Startups

BADASS: DATA SCIENTIST TALENT WAR

190,000 Predicted Data Science Shortage by 2018 McKinsey Global Institute Prediction, 2013

Page 15: Strata Ignite 2013 | A Tale of Two Kinds of Startups

SUPER BADASS:EVERYONE DOES SOME MATH

190,000 Predicted Data Science Shortage by 2018 McKinsey Global Institute Prediction, 2013

BADASS: DATA SCIENTIST TALENT WAR

Page 16: Strata Ignite 2013 | A Tale of Two Kinds of Startups

BADASS: GET TO HOCKEYSTICK

Hockeystick growth curve.

Page 17: Strata Ignite 2013 | A Tale of Two Kinds of Startups

BADASS: GET TO HOCKEYSTICK

Variations of the Earth’s surface temperature. Northern hemisphere. Deparutres in temperature © from 1961 to 1990 average. Sourece: Mann, Bradely & Hughs, Natuure, 1998.

SUPER BADASS:REVERSE THE HOCKEYSTICK

Hockeystick growth curve.

Page 18: Strata Ignite 2013 | A Tale of Two Kinds of Startups

BADASS: RAISE MILLIONS

Groupon opens the NASDAQ

Page 19: Strata Ignite 2013 | A Tale of Two Kinds of Startups

BADASS: RAISE MILLIONS

International Comparison of Spending Health OECD Health Data 2005 and 2006. Commonwealth Fund National Scorecard on US Health System Performance, 2006.

SUPER BADASS:SAVE TRILLIONS

Groupon opens the NASDAQ

Page 20: Strata Ignite 2013 | A Tale of Two Kinds of Startups

In pursuit of the SUPERBADASS:

HealthDataChallenges.com

@JENVANDERMEER @LUMINARYLABS