Tue, 17 October 2017
When it comes to looking and selecting the right ideas to get behind, we all suffer from biases and blind spots. When you look at the success rate for venture capitalists, the only expect to have one hit out 10. So, why do we repeatedly find ourselves backing the wrong ideas and what can we do about it?
While some if not many companies will fail, there are a corresponding set of great ideas that will never see the light of day. Why is that? Because those entrepreneurs can't get the support to turn their idea in to that next killer innovation.
Stop Backing The Wrong Ideas
This weeks guest, Ross Baird, shares what he calls the "innovation blind spot". This blind spot is based on three areas:
During the show, Ross shares how to counteract these innovation blind spots and why we need to stop backing the wrong ideas if we are to impact the important issues facing our society.
About Ross Baird:
Ross Baird is the founder of Village Capital, a firm that finds and invests in entrepreneurs solving the most important problems in society.Since founding Village Capital in 2009, Ross has supported hundreds of entrepreneurs in over 50 countries. Ross has spent his entire career on the founding team of start-up enterprises or investing in startups.
He also serves on the faculty of the University of Virginia, where he teaches entrepreneurship and impact investing.
[callout]Listen below to this weeks show on how to address your innovation blind spot so that you can back the best ideas.[/callout]