Posts Tagged ‘US’

avatar

Weathering the Trek for an EMBA

Posted by: Ronald
Comments Off

I signed up for the Silicon Valley Trek back in February thinking that I’m potentially one of the few Executive MBAs on any LBS trek and it was a potentially daunting activity. However it presented a great opportunity to connect to other entrepreneurs, VCs, managers and alumni that would never be otherwise possible – at least not in this timeframe. I thundered on and the application was done in good time. By March, it was a Go – and the next I knew, I was already on the plane across the calm pond.

At the Bay, the weather was not accommodating:  the previous day was coloured with torrential rain and a tornado warning. I had brought the weather with me to sunny California. Inside, I stared at the busy schedule. It revealed much about the types of companies and what the week has in store: entrepreneurship, hard choices, big exciting ventures and stories of the Valley’s history of successes. But what I did not realise, was that I learned more about the nature of opportunities, waves of unpredictable milestones and cycle of failures and successes.

The trek group and I were inspired by stories and insights of the way business is done in Bay Area. It is very robust and positive. One serial entrepreneur loves there, because “the culture has had a 70 year head start and it embraces learning from failure”. A striking contrast to the unbelievable strength of active-inertia preventing incumbent media companies embracing the new Internet economy. No matter what the adversities were, entrepreneurs with determination and great people will get somewhere. Even if they fail, they try again – it’s the only way.

After a hectic and rewarding week, the clouds parted over the San Francisco Airport and the sun came out. I looked forward to coming back to London, but I can’t help forecasting that Europe’s culture had a different air to entrepreneurship – it does not interpret past failures as a sign of potential success: “if you sunk the boat before mate, you’ll potentially sink it again”. So, am I heading into another storm? Is it worthwhile to subscribe to the way it’s done in the Valley? If so, how does one go about changing the European mindset? Comments please.

Read the rest of this entry »