The document discusses the importance of innovation and leading entrepreneurs to create positive change in the world. It notes that most innovative projects fail because no one wants what has been built, as the facts reside outside of the building - the needs and wants of potential users are not properly understood. The document advises launching products early enough to be embarrassed by the first version in order to get feedback and iterate quickly to build what people actually want.

1. innovation
Sean Ammirati
@SeanAmmirati
Partner, Birchmere Ventures
Adjunct Professor, Carnegie Mellon University
September 16, 2015
LEADING

2. ENTREPRENEURS
CREATE THE WORLD
THE WAY IT OUGHT
TO BE!

4. Now spend time convincing
others to do the same

5. 4%

6. Most Innovative
Projects FAIL
The Reason

7. NO ONE WANTS
what’s been built.
IS BECAUSE...

8. WHY IS THIS
IMPORTANT?

9. Dec 2006
Conviction to
build FeedHub
Aug 2007
Private Beta of
FeedHub
Launch FeedHub
@ Demo 2007
Sept 2007
10 MONTHS
“STEALTH MODE”

13. Dec 2006
Conviction to
build FeedHub
Aug 2007
Private Beta of
FeedHub
Launch FeedHub
@ Demo 2007
Sept 2007
10 MONTHS
“STEALTH MODE”
Wasted Time

14. How do you
stop wasting time?
So …

15. “Launch early enough to be
embarrassed by your
product’s first version”
~ Reid Hoffman
Co-Founder & Chairman
LinkedIn

16. THE
FACTS RESIDE
OUTSIDE
OF THE BUILDING!

17. Thank you