Who You Calling A Jesse?

Last night I attended StartupCampToronto which was put on by the guys behind StartupNorth. It was a really good event with some intelligent entrepreneurs and a great audience that weren’t afraid to speak up. The format was simple, five minute presentation with roughly 15 minutes for questions. They did let it go over a bit if the conversation was a good one.

It wasn’t until the last presentation that I really go excited though. A couple of students from U of Toronto came with their idea and prototype for a really easy portfolio manager. They had a grand plan for how this can work which had its issues. The crowd jumped on it and offered some great advice which I hope helps them create a successful product. That, I believe, was Simon Woodside’s motivation behind StartupCampWaterloo. When he had an idea for his company/technology it was hard to get that advice to move it along. For students and researchers or anyone else really, it can be hard for them to understand the market their technology might work in. Yes there are organizations designed to help but the community nature of a StartupCamp I believe works better for a lot of people.

A lot of the talk about entrepreneurial learning curve is that you have to fail to succeed. StartupCamp was designed to encourage people to at least try with the support of the community to offer some guidance. Could some failures be avoided by the community helping them figure out the obvious mistakes?

A secondary benefit is the community is enhanced from the fresh ideas and energy out there. With that in mind, next StartupCampWaterloo is February 26th. Looking forward to it.