GHC 2020 Diaries
GHC 2020 through the eyes of a first timer!
8 AM EST Wow! The day is finally here! This is my first GHC, I’m beyond excited. The eastern time zone makes the wait feel longer :)
9 AM EST I’m IN!
2 PM EST It’s begun!
Host : Jeanne Sparrow
Welcome Note: Brenda Darden Wilkerson
Amazing opening! Brenda touched upon the all the hard topics — virtual career fair, black lives matter, gender disparity, and that too with so much grace and clarity.
My takeaways from Brenda’s opening note..
- Break the Myth — One should do it alone!
- Our ideas need to be seen and celebrated — diversity.
- We can’t be what we can’t see — be a role model.
- Be an advocate — support.
- Let down your ladders — so others can climb.
- User your influence to help others.
2:30 PM Time for speaker sessions! Today’s theme “Entrepreneur”
Michelle Zatlyn : Lessons Learned in Founding A Meaningful, Thriving Business — So You Can Build Yours Faster
From GHC introduction : Only three women have founded public infrastructure companies worth $1B+. One being Michelle Zatlyn, who co-founded Cloudflare during the last US economic downturn and transformed it into a leading Internet company. She’ll share her perspective and lessons learned in creating a diverse workforce and navigating times of crisis while building a thriving company so you can build yours faster.
- Lesson#1 Solve a big, meaningful problem : What I plan to build can it impact 100 million people and generate $100 million dollars?
- Lesson#2 Get great people to come work with you : Diverse teams lead to better results. Talented people care about doing things that matter.
- Lesson#3 Retain all of your great people : Be intentional of what you do and what you don’t do. People you start your journey with , may not be the ones with you end the journey.
- Lesson#4 Building a good business : Compare business metrics.
- Lesson#5 Picking investors : Chase the person.
- Lesson#6 Scaling yourself : Always keep learning. Be open to change.
3:05 PM Speaker session #2
Holly Liu (Founder Kabam) : How to Evaluate Startup Ideas?
From GHC Introduction “Curious about starting a company but haven’t settled on an idea yet? Holly Liu, Co-Founder of Kabam, will walk you through a framework for thinking about and evaluating startup ideas. Holly will talk about her experience as a founder and her perspective on when it is time to turn an idea into a company.”
- “Make something that a lot of people want” : “Want” is the problem, “Something” is the solution, “a lot” is the business.
- How to find the problem (The Want) : Listen to users. Get them to show you. Watch them do.
- Good problems to solve : Wants that are Urgent, Valuable, Frequent, Common and Not already addressed.
- Is my start up idea good? : Check the Growth Rate(Time/Money, How quickly is the money growing) & Market Size (number of potential customers)
- If stuck : Evaluate if the “want” is still a problem for many people
4:45 PM Excited! Its “Serena Williams” time!
- Time is the best investment.
- Be humble and work hard.
- Quote : “Success to me is who you are”
- Quote : “My key message is to be yourself. Be humble. Work hard — there’s no way around it…you have to know that it’s not always easy. It may look easy in a post or a game, but it’s not.”
- Serena’s daughter is a co-owner of the sports team!! Wow! Legacy, Ownership.
- Quote : “Think big to empower our communities and our futures we are pursuing”
- Always have a Plan B.
Wow! Amazing day 1! Can it be tomorrow already??