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Innovation in Practice

         Kathryn Wilson & Lisa Szaraz


BU420 Topics in Business | Business of Art & Design
        Ringling College of Art & Design
                  Sarasota, FL
                   Fall 2012
As a "social enterprise" the HuB is active in building a more
dynamic community. Since 2009, the HuB has taken an active role in
promoting big ideas. The HuB is a collaborative and creative
workspace. Unlike traditional office space, the HuB promotes
interaction between everyone in the building. The HuB believes this
interaction is what fuels the growth of each venture located at the
HuB, and also helps build a stronger economy in our community. The
HuB understands growing a business out of a garage or in the
second bedroom of your house can be limiting. Being part of a
vibrant network of entrepreneurs with similar goals, challenges and
passion can be catalyst to great ideas and great businesses.


History of the HuB

     The HuB started in the summer of 2009. The idea was simple -
"Create a place where creative energy could thrive." Over the past
few years that idea has evolved into a thriving economic and social
engine that has supported over one-hundred entrepreneurs,
launched twelve businesses and launched twelve major campaigns
to support creative change in Sarasota, Florida. The Hub was
founded by Rich Swier Jr. with a simple vision to create a more
"dynamic city". Since starting his first business in 1994 in Sarasota,
Rich has worked towards making Sarasota a city where
entrepreneurs can have the best of both worlds - a beautiful place to
live and start their new venture. In a short time, the HuB has been
successful in re-branding Sarasota as a "creative paradise" where
entrepreneurs and members of the creative class can see a clear
path to building their business.


How does it work?

      The HuB is a collaborative space where entrepreneurs develop
ideas and launch new ventures. The HuB supports entrepreneurs in
multiple ways depending on what they need to be successful. The
HuB can provide a wide range of services, expertise and access to
capital to launch any digital business. The HuB is a “creative
incubator;” a "creative incubator” embraces the organic (and
sometimes serendipitous) process of entrepreneurs coming together
to create something great. Unlike other incubators that focus almost
entirely on commercializing R&D, the HuB is focused on finding and
developing a new class of entrepreneurs.

What type of ventures does the HuB launch?

     The HuB focuses primarily on "digital" businesses. A digital
business typically provides a product, content or service using
technology and new media. The primary catalyst that drives a digital
business is creativity.
Interview Questions:

Could you give us a brief introduction to The HuB and how it was
created? How did the name The HuB come about?

How did you go about locating your staff and talent?

What is your average third party interest in collaborating and working
with The HuB? What percentage of your time is spent researching
market needs and executing your projects based on those needs? In
and out of the office?

How do you gauge your competition? Who are your biggest
competitors?

How do you plan to evolve the HuB brand even further?

Out of all the HuB’s ventures, which one was the hardest one to start?

How do you exercise your mind within the office? Is it hard to not get
chained up in small tasks?

How do you create diversity in the office?

How do you differentiate the innovative explorers vs. executors within
the office?

How do you shine a spotlight on success? How do you reward and
motivate your employees?

How do you tolerate the failure of a certain business proposal/idea?

What is your innovation process like?

What is your process of transitioning ideas into product/service
development?
What methods do you use to evaluate/prioritize/select ideas for
further development?

How do you practice trend spotting?

What is your favorite methods of collecting customer needs & market
insights?

How do you picture the HuB in 10+ years?

How do you search for innovative opportunities?

Have you explored the concept and production of tangible innovative
products rather than just services (studio/production company/online
market)?

Is there a company or brand in which you look up to for inspiration?
Are there companies you admire?

What has been your biggest project thus far? What was it like working
on it?

In Peter Drucker’s The Discipline of Innovation, he states that “there
are clearly people who are more talented as innovators than others,
but their talents lie in well-defined areas. Innovators rarely work in
more than one area.” Would you agree with this? Do you have
employees that have a broad range of endeavors?

If you could have anything to aid in your innovation, what would it be?

What methods of brainstorming do you practice?

How much of your funding comes from the HuB Fund? Do you get
private funding for certain ventures?

How did market and technology dynamics provide opportunities for
The HuB?
How was the opportunity concept developed?

What sources of ideas were consulted?

What methods were used – brainstorming, lead user analysis etc.?

How were the risks assessed and prioritized?

How does The HuB plan for future stages?

How do you maintain creativity in the workplace?

What does The HuB strive hardest for?

What has been the most difficult obstacle since start-up?

What are some of your ideas for growth?

In your article,“10 Reasons Why Sarasota Isn’t Number 1.” you
discuss your thoughts on the lack of “love” for the city. Since your
venture with The HuB, have you seen a change?
Do you find this lack of love has had an effect or is effecting The HuB
and its innovation practices?

How does the city and the market effect The HuB?

How was the entire innovation process structured?

Are many activities undertaken in parallel? How are R&D teams
designed?

How are decisions made?

What challenges are faced?

What is the incentive structure within a team and across teams?

What types of incentives are given to technical and business people
engaged in the process?
Are outside individuals part of the innovation process – for example
out-sourced R&D, community-based users such as open source,
academics, consultants, communities?

If so, what are the incentives for them? How is intellectual property
(IP) managed in these external relationships?

What are the drivers of commercialization?

What role does The HuB’s business model play or is it a new model?

Does The HuB have strong IP (intellectual property)?

How much do you rely on other assets such as market channels,
brand etc.?

Does The HuB engage in strategic partnerships? If so, what are the
basic factors that make partnership-based approach effective?
Innovation in Practice
         Lisa Szaraz & Kat Wilson
What is The HuB?
The HuB is a creative and
collaborative space and
community where
entrepreneurs come together
to develop ideas and
contribute towards building a
new economy and culture in
Sarasota, FL.

The HuB is a “social
enterprise” active in building a
more dynamic community.
overview
- intro to Creative incubating
- locating staff and talent
- gauging competition
- business model
- brainstorming process
- innovation process
- critical path development
- the hub’s ventures
- dealing with failure
- srq’s creative economy
- Strategic partnerships
- competitive advantage
- intellectual property
- maintaining creativity in the workplace
- going forward
The creative Incubator
    A "creative" incubator embraces the organic (and
    sometimes serendipitous) process of entrepreneurs
    coming together to create something great.

    Unlike other incubators that focus almost entirely on
    commercializing R&D, the HuB is focused on finding and
    developing a new class of entrepreneurs.

    Their new 3,000 square foot facility will open next month
    to house some of Sarasota’s leading entrepreneurial
    creatives, complete with several lounge areas, multi-
    purpose rooms, conference rooms, kitchen, event space,
    video editing rooms and sound booths.
Ventures
Rich Swier Jr.
 Founder and CEO,
The HuB
 Graduated from University
of Florida
 Majored in Math
 Created the first internet
provider in Sarasota during
the 1990’s
Created the first cable
modem
 Revolutionized broadband
service for Comcast
How do you go about locating
     your staff and talent?
“The interesting and coolest thing
about the Hub is that everything is
organic. We don’t recruit, we don’t
seek people. Every single person here
walked through that door.

Usually what happens is, like a
beacon, we put out a vibe in the
universe and they just come, through
either a party or campaign, something
funny or community-oriented,
Facebook...

People who get it, walk through the
door.”
How do you gauge
your competition?
“It’s no competition here. It’s
not a traditional business,
we’re a facilitator of ideas, so
in reality, there is no
competition.
There’s a lot of people who do
what we do, but at this level
in the game, we don’t even
think of it as competition.”
What is your business model?
“The ‘Non-Plan Plan.’

Some guy can walk through the door tomorrow and say “I want
to start a company,” and if it makes sense and we have the talent
to help him do that, and there’s a market and we can validate it,
that’s what we do.”
What is your business model?
“I’ve never asked anyone to come here, it’s how it should be. Any other
business model would fail because you’re trying to force it; make people think
something. If it’s organic, and you let it grow, and you’re patient enough to do
that, it actually becomes stronger because it’s real.

We think of ourselves like a college. We get an entrepreneur and we want to
develop that entrepreneur, and my theory is, that entrepreneur is going to
have 50 big ideas in his lifetime. If you bet on the entrepreneur instead of the
idea, you’ll do well. As long as they continue to learn and develop, they
will hit something big.”
What is your
             brainstorming
                  process?
“includes everyone that wants to be
involved. we go over what we need to
do, bring up ideas, use improv
techniques like word association,
generally get people excited.
typically booze is involved,
especially when brainstorming
business ideas.
we’ll surf youtube for ideas.
basically whatever the project feels
where the answer might be.”
What is your innovation process?
Rich’s 3 Elements to Innovative Problem-Solving
1. Find an important problem
2. Find a disruptive way of solving the problem
3. Don’t think like an inventor, think like a consumer


  “The way I go about innovation is kind of problem solving, but I had this concept
  of ‘what can be disruptive?’ You want to completely change the way its done, like
  completely implode the structure of what it was, and transition from sustainable
  innovation to disruptive innovation.
  Another thing that entrepreneurs don’t do is, and something to get out of your
  head, to stop thinking like an inventor. Think like a practical human being and
  think about what you’d embrace, think of it like you’re a consumer and not like
  something else.
  The only true way to be innovative is to continue looking through the looking glass
  as a consumer.”
critical path development
“...you put your plan together and then we
measure that plan against whatever the goals are,
and then really boiling it down to a quantitative
thing, and then hitting those targets. After that,
everything really becomes easy.

Because if they know they come to work
everyday, I know what I have to do by next month
by reaching those target goals. As long as they hit
those goals, we’ll make enough money.”
critical path development
1.   Idea Review
2.   Execution
3.   Review Cost Requisition
4.   Set Targets
5.   Execute Targets
6.   Reach Goals
7.   Retain Profits
critical path development
“What typically happens with companies, you’re
going down this critical path, and something
happens - something didn’t work the way it did,
           you have to be able to pivot.
Adjust your business to what might come. A lot of
things that we do here are very organic. If you find
yourself pushing and pushing against this wall and
nothing is coming, you have to pivot.

And I think I’m good at giving people the
confidence to do that.”
do you believe entrepreneurs
are born or made?
                    “Well I think it’s both,
      I certainly believe I was born one...”
“...because I feel like when I was a kid, or when I
was in college, people would ask me, ‘what are
you going to do in life?’ I’m like I don’t know - I’m
more of a “renaissance thinker,” so I felt like I was
born one.

You’re definitely born with that gene, think about it
like being a vampire - you’re gonna hunger for it
and you’re not going to be happy unless you do it.
It’s that thirst for blood.”
In your article,“10 Reasons Why Sarasota Isn’t
Number 1,” you discuss your thoughts on the
lack of “love” for the city. Since your venture
with The HuB, have you seen a change?

 “Yes, I think so.
 Especially amongst my age and
 younger. I think its just an oasis -
 Sarasota is a desert for young people.
 There’s really few places where you can
 go and feel like “this is fun” or
 somewhere they can be themselves. It’s
 nice to have a place, a small place,
 where you can go with like-minded
 people or people who are cool that you
 can be yourself and be creative.

 It’s a sense of community, which
 everyone wants to be a part of.”
In your article,“10 Reasons Why Sarasota Isn’t
Number 1,” you discuss your thoughts on the
lack of “love” for the city. Since your venture
with The HuB, have you seen a change?

“You need somewhere where
there’s enough degrees of separation
where you don’t feel like you know
everyone, but there’s not too much
separation where you don’t feel like
you’re not important.



It’s an interesting dynamic. I feel like
we’re closer to that than anything.”
Out of all the HuB’s ventures,
which one was the hardest one
to start?
The hardest to get going - in an interesting way
they’re not hard to get going because that’s
when you’re passionate about it and they’re fun.

The hardest and the most difficult ones are the
ones who don’t have an alignment of morality or
passion but it’s when the entrepreneurs aren’t
really hardcore passionate about what they’re
doing.

Those are the toughest because what happens
is there’s nobody there to center the passion.
Nobody wants to help, when you have
someone who’s really passionate and loves, no
matter what at the end of the day, it builds this
energy and everyone wants to be around it.
In Peter Drucker’s The Discipline of Innovation, he states that “there are clearly people
who are more talented as innovators than others, but their talents lie in well-defined
areas. Innovators rarely work in more than one area.” Would you agree with this? Do you
have employees that have a broad range of endeavors?
“Sometimes projects consume you. I’ve had that happen. It’s not that I don’t believe in one
way or the other, I just feel that it’s a mistake to be doing multiple things. It’s something that
you have to learn how to do. A lot of people don’t know how to do that, and sometimes
things will overwhelm them and you can easily fold underneath that pressure.
I would equate it to juggling. If you can juggle, if you can learn how to juggle, and you’re
comfortable juggling, then great. But it’s not necessarily something I encourage or
discourage.
when an idea is dragging,
how do you deal with it?
“We kill it.”
“Because it just pulls on everyone. Even
when I say kill it, I wasn’t killing the
person, we’ll put the person on
something else if he’s a good
entrepreneur.

Ideas come and go, products come and
go, tomorrow you might think something
is the greatest thing on earth, but the
entrepreneurs - as long as they stay with
it, if you continue to learn and develop,
they’ll come up with a great idea.”
How do you deal with
failure?
“I encourage failure, I think it’s awesome.”

“People fail quickly because the quicker you
fail, the less time you’re wasting.
Acknowledge failure, don’t be afraid of it.
Fail, fail, fail until you minimize. The quicker
you fail, the better.

My biggest mistake, when I was young and
starting off as an entrepreneur, I didn’t
acknowledge failure quick enough, so I could
get on to the next project. I always held on to
this idea, thinking it was the last great idea,
but in reality, it was just stupid.”
How do you deal with
failure?
“One of the things we try to show
people here at the HuB is that
      failure is no big deal.
It’s only when there’s pressure of
that, that it becomes a liability.
When you feel like you’re being
judged based off failure, that is
becomes a liability in a
workforce. It creates a very
stressful environment.”
Sarasota’s Creative Economy
   The HuB strives to make sarasota a
  “creative paradise” that attracts creative
  professionals to move here and start their
  businesses, and also keep young college
  graduates here to build the new culture
  and economy.

   involved in local politics and shifting our
  culture to be more progressive.

    huge supporter of local arts, especially
  local artists and musicians, promote music
  festivals, promote groups like SArtQ

    hang local at in our building, as well as
  feature local bands at our hub day events.
Sarasota’s Creative Economy
 help entrepreneurs take their ideas and
 build companies.

 provides them a creative workspace,
 supportive team, capital and resources
 that are needed to succeed.

 believe arts and creativity are the
 center of the new economy.

 working with more “creative
 entrepreneurs” leveraging their skills
 and creativity to build new businesses.
Strategic partnerships
  “We work a lot with different entities...

  Its not easy, we want to influence and change people but
  you certainly cant expect them to.

  I believe the best entrepreneurs are artists.. creatives. That
  is what I discovered by accident. Creative drive is critical.”
the hub’s competitive advantage
"Our biggest competitive
advantage...

All the things I've been saying for
the past hour.. nobody in their right
mind would these things.

Encourage free thinking.

The beautiful thing about being an
entrepreneur is you truly don't need
bureaucratic structure in the
beginning.”
intellectual property
   IP = innovation
 through mimicry 

   repurposed and
 inspiration

  “we live in a collaborative
 economy, we must live
 outside the system and
 constantly innovate.”

  “it's not a bad thing, it's all
 about money.”
maintaining creativity
in the workplace

 brainstorming
 improv
 laughter
 collaborative space
 space in general
 events
 idea wall
going forward with the hub
 New building to bring together
entrepreneurs, creative professionals,
and technology companies

 A place for people to congregate,
collaborate, and create a new future for
Sarasota

  Working with Ringling College’s
Motion Design students to bring a new
form of art to the Sarasota community
through digital projections to be
showcased during their Grand
Opening on December 8th.
Innovation in Practice
Innovation in Practice

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Innovation in Practice

  • 1. Innovation in Practice Kathryn Wilson & Lisa Szaraz BU420 Topics in Business | Business of Art & Design Ringling College of Art & Design Sarasota, FL Fall 2012
  • 2. As a "social enterprise" the HuB is active in building a more dynamic community. Since 2009, the HuB has taken an active role in promoting big ideas. The HuB is a collaborative and creative workspace. Unlike traditional office space, the HuB promotes interaction between everyone in the building. The HuB believes this interaction is what fuels the growth of each venture located at the HuB, and also helps build a stronger economy in our community. The HuB understands growing a business out of a garage or in the second bedroom of your house can be limiting. Being part of a vibrant network of entrepreneurs with similar goals, challenges and passion can be catalyst to great ideas and great businesses. History of the HuB The HuB started in the summer of 2009. The idea was simple - "Create a place where creative energy could thrive." Over the past few years that idea has evolved into a thriving economic and social engine that has supported over one-hundred entrepreneurs, launched twelve businesses and launched twelve major campaigns
  • 3. to support creative change in Sarasota, Florida. The Hub was founded by Rich Swier Jr. with a simple vision to create a more "dynamic city". Since starting his first business in 1994 in Sarasota, Rich has worked towards making Sarasota a city where entrepreneurs can have the best of both worlds - a beautiful place to live and start their new venture. In a short time, the HuB has been successful in re-branding Sarasota as a "creative paradise" where entrepreneurs and members of the creative class can see a clear path to building their business. How does it work? The HuB is a collaborative space where entrepreneurs develop ideas and launch new ventures. The HuB supports entrepreneurs in multiple ways depending on what they need to be successful. The HuB can provide a wide range of services, expertise and access to capital to launch any digital business. The HuB is a “creative incubator;” a "creative incubator” embraces the organic (and sometimes serendipitous) process of entrepreneurs coming together to create something great. Unlike other incubators that focus almost entirely on commercializing R&D, the HuB is focused on finding and developing a new class of entrepreneurs. What type of ventures does the HuB launch? The HuB focuses primarily on "digital" businesses. A digital business typically provides a product, content or service using technology and new media. The primary catalyst that drives a digital business is creativity.
  • 4. Interview Questions: Could you give us a brief introduction to The HuB and how it was created? How did the name The HuB come about? How did you go about locating your staff and talent? What is your average third party interest in collaborating and working with The HuB? What percentage of your time is spent researching market needs and executing your projects based on those needs? In and out of the office? How do you gauge your competition? Who are your biggest competitors? How do you plan to evolve the HuB brand even further? Out of all the HuB’s ventures, which one was the hardest one to start? How do you exercise your mind within the office? Is it hard to not get chained up in small tasks? How do you create diversity in the office? How do you differentiate the innovative explorers vs. executors within the office? How do you shine a spotlight on success? How do you reward and motivate your employees? How do you tolerate the failure of a certain business proposal/idea? What is your innovation process like? What is your process of transitioning ideas into product/service development?
  • 5. What methods do you use to evaluate/prioritize/select ideas for further development? How do you practice trend spotting? What is your favorite methods of collecting customer needs & market insights? How do you picture the HuB in 10+ years? How do you search for innovative opportunities? Have you explored the concept and production of tangible innovative products rather than just services (studio/production company/online market)? Is there a company or brand in which you look up to for inspiration? Are there companies you admire? What has been your biggest project thus far? What was it like working on it? In Peter Drucker’s The Discipline of Innovation, he states that “there are clearly people who are more talented as innovators than others, but their talents lie in well-defined areas. Innovators rarely work in more than one area.” Would you agree with this? Do you have employees that have a broad range of endeavors? If you could have anything to aid in your innovation, what would it be? What methods of brainstorming do you practice? How much of your funding comes from the HuB Fund? Do you get private funding for certain ventures? How did market and technology dynamics provide opportunities for The HuB?
  • 6. How was the opportunity concept developed? What sources of ideas were consulted? What methods were used – brainstorming, lead user analysis etc.? How were the risks assessed and prioritized? How does The HuB plan for future stages? How do you maintain creativity in the workplace? What does The HuB strive hardest for? What has been the most difficult obstacle since start-up? What are some of your ideas for growth? In your article,“10 Reasons Why Sarasota Isn’t Number 1.” you discuss your thoughts on the lack of “love” for the city. Since your venture with The HuB, have you seen a change? Do you find this lack of love has had an effect or is effecting The HuB and its innovation practices? How does the city and the market effect The HuB? How was the entire innovation process structured? Are many activities undertaken in parallel? How are R&D teams designed? How are decisions made? What challenges are faced? What is the incentive structure within a team and across teams? What types of incentives are given to technical and business people engaged in the process?
  • 7. Are outside individuals part of the innovation process – for example out-sourced R&D, community-based users such as open source, academics, consultants, communities? If so, what are the incentives for them? How is intellectual property (IP) managed in these external relationships? What are the drivers of commercialization? What role does The HuB’s business model play or is it a new model? Does The HuB have strong IP (intellectual property)? How much do you rely on other assets such as market channels, brand etc.? Does The HuB engage in strategic partnerships? If so, what are the basic factors that make partnership-based approach effective?
  • 8. Innovation in Practice Lisa Szaraz & Kat Wilson
  • 9. What is The HuB? The HuB is a creative and collaborative space and community where entrepreneurs come together to develop ideas and contribute towards building a new economy and culture in Sarasota, FL. The HuB is a “social enterprise” active in building a more dynamic community.
  • 10. overview - intro to Creative incubating - locating staff and talent - gauging competition - business model - brainstorming process - innovation process - critical path development - the hub’s ventures - dealing with failure - srq’s creative economy - Strategic partnerships - competitive advantage - intellectual property - maintaining creativity in the workplace - going forward
  • 11. The creative Incubator A "creative" incubator embraces the organic (and sometimes serendipitous) process of entrepreneurs coming together to create something great. Unlike other incubators that focus almost entirely on commercializing R&D, the HuB is focused on finding and developing a new class of entrepreneurs. Their new 3,000 square foot facility will open next month to house some of Sarasota’s leading entrepreneurial creatives, complete with several lounge areas, multi- purpose rooms, conference rooms, kitchen, event space, video editing rooms and sound booths.
  • 13. Rich Swier Jr. Founder and CEO, The HuB Graduated from University of Florida Majored in Math Created the first internet provider in Sarasota during the 1990’s Created the first cable modem Revolutionized broadband service for Comcast
  • 14. How do you go about locating your staff and talent? “The interesting and coolest thing about the Hub is that everything is organic. We don’t recruit, we don’t seek people. Every single person here walked through that door. Usually what happens is, like a beacon, we put out a vibe in the universe and they just come, through either a party or campaign, something funny or community-oriented, Facebook... People who get it, walk through the door.”
  • 15. How do you gauge your competition? “It’s no competition here. It’s not a traditional business, we’re a facilitator of ideas, so in reality, there is no competition. There’s a lot of people who do what we do, but at this level in the game, we don’t even think of it as competition.”
  • 16. What is your business model? “The ‘Non-Plan Plan.’ Some guy can walk through the door tomorrow and say “I want to start a company,” and if it makes sense and we have the talent to help him do that, and there’s a market and we can validate it, that’s what we do.”
  • 17. What is your business model? “I’ve never asked anyone to come here, it’s how it should be. Any other business model would fail because you’re trying to force it; make people think something. If it’s organic, and you let it grow, and you’re patient enough to do that, it actually becomes stronger because it’s real. We think of ourselves like a college. We get an entrepreneur and we want to develop that entrepreneur, and my theory is, that entrepreneur is going to have 50 big ideas in his lifetime. If you bet on the entrepreneur instead of the idea, you’ll do well. As long as they continue to learn and develop, they will hit something big.”
  • 18. What is your brainstorming process? “includes everyone that wants to be involved. we go over what we need to do, bring up ideas, use improv techniques like word association, generally get people excited. typically booze is involved, especially when brainstorming business ideas. we’ll surf youtube for ideas. basically whatever the project feels where the answer might be.”
  • 19. What is your innovation process? Rich’s 3 Elements to Innovative Problem-Solving 1. Find an important problem 2. Find a disruptive way of solving the problem 3. Don’t think like an inventor, think like a consumer “The way I go about innovation is kind of problem solving, but I had this concept of ‘what can be disruptive?’ You want to completely change the way its done, like completely implode the structure of what it was, and transition from sustainable innovation to disruptive innovation. Another thing that entrepreneurs don’t do is, and something to get out of your head, to stop thinking like an inventor. Think like a practical human being and think about what you’d embrace, think of it like you’re a consumer and not like something else. The only true way to be innovative is to continue looking through the looking glass as a consumer.”
  • 20. critical path development “...you put your plan together and then we measure that plan against whatever the goals are, and then really boiling it down to a quantitative thing, and then hitting those targets. After that, everything really becomes easy. Because if they know they come to work everyday, I know what I have to do by next month by reaching those target goals. As long as they hit those goals, we’ll make enough money.”
  • 21. critical path development 1. Idea Review 2. Execution 3. Review Cost Requisition 4. Set Targets 5. Execute Targets 6. Reach Goals 7. Retain Profits
  • 22. critical path development “What typically happens with companies, you’re going down this critical path, and something happens - something didn’t work the way it did, you have to be able to pivot. Adjust your business to what might come. A lot of things that we do here are very organic. If you find yourself pushing and pushing against this wall and nothing is coming, you have to pivot. And I think I’m good at giving people the confidence to do that.”
  • 23. do you believe entrepreneurs are born or made? “Well I think it’s both, I certainly believe I was born one...” “...because I feel like when I was a kid, or when I was in college, people would ask me, ‘what are you going to do in life?’ I’m like I don’t know - I’m more of a “renaissance thinker,” so I felt like I was born one. You’re definitely born with that gene, think about it like being a vampire - you’re gonna hunger for it and you’re not going to be happy unless you do it. It’s that thirst for blood.”
  • 24. In your article,“10 Reasons Why Sarasota Isn’t Number 1,” you discuss your thoughts on the lack of “love” for the city. Since your venture with The HuB, have you seen a change? “Yes, I think so. Especially amongst my age and younger. I think its just an oasis - Sarasota is a desert for young people. There’s really few places where you can go and feel like “this is fun” or somewhere they can be themselves. It’s nice to have a place, a small place, where you can go with like-minded people or people who are cool that you can be yourself and be creative. It’s a sense of community, which everyone wants to be a part of.”
  • 25. In your article,“10 Reasons Why Sarasota Isn’t Number 1,” you discuss your thoughts on the lack of “love” for the city. Since your venture with The HuB, have you seen a change? “You need somewhere where there’s enough degrees of separation where you don’t feel like you know everyone, but there’s not too much separation where you don’t feel like you’re not important. It’s an interesting dynamic. I feel like we’re closer to that than anything.”
  • 26. Out of all the HuB’s ventures, which one was the hardest one to start? The hardest to get going - in an interesting way they’re not hard to get going because that’s when you’re passionate about it and they’re fun. The hardest and the most difficult ones are the ones who don’t have an alignment of morality or passion but it’s when the entrepreneurs aren’t really hardcore passionate about what they’re doing. Those are the toughest because what happens is there’s nobody there to center the passion. Nobody wants to help, when you have someone who’s really passionate and loves, no matter what at the end of the day, it builds this energy and everyone wants to be around it.
  • 27. In Peter Drucker’s The Discipline of Innovation, he states that “there are clearly people who are more talented as innovators than others, but their talents lie in well-defined areas. Innovators rarely work in more than one area.” Would you agree with this? Do you have employees that have a broad range of endeavors? “Sometimes projects consume you. I’ve had that happen. It’s not that I don’t believe in one way or the other, I just feel that it’s a mistake to be doing multiple things. It’s something that you have to learn how to do. A lot of people don’t know how to do that, and sometimes things will overwhelm them and you can easily fold underneath that pressure. I would equate it to juggling. If you can juggle, if you can learn how to juggle, and you’re comfortable juggling, then great. But it’s not necessarily something I encourage or discourage.
  • 28. when an idea is dragging, how do you deal with it? “We kill it.” “Because it just pulls on everyone. Even when I say kill it, I wasn’t killing the person, we’ll put the person on something else if he’s a good entrepreneur. Ideas come and go, products come and go, tomorrow you might think something is the greatest thing on earth, but the entrepreneurs - as long as they stay with it, if you continue to learn and develop, they’ll come up with a great idea.”
  • 29. How do you deal with failure? “I encourage failure, I think it’s awesome.” “People fail quickly because the quicker you fail, the less time you’re wasting. Acknowledge failure, don’t be afraid of it. Fail, fail, fail until you minimize. The quicker you fail, the better. My biggest mistake, when I was young and starting off as an entrepreneur, I didn’t acknowledge failure quick enough, so I could get on to the next project. I always held on to this idea, thinking it was the last great idea, but in reality, it was just stupid.”
  • 30. How do you deal with failure? “One of the things we try to show people here at the HuB is that failure is no big deal. It’s only when there’s pressure of that, that it becomes a liability. When you feel like you’re being judged based off failure, that is becomes a liability in a workforce. It creates a very stressful environment.”
  • 31. Sarasota’s Creative Economy The HuB strives to make sarasota a “creative paradise” that attracts creative professionals to move here and start their businesses, and also keep young college graduates here to build the new culture and economy. involved in local politics and shifting our culture to be more progressive. huge supporter of local arts, especially local artists and musicians, promote music festivals, promote groups like SArtQ hang local at in our building, as well as feature local bands at our hub day events.
  • 32. Sarasota’s Creative Economy help entrepreneurs take their ideas and build companies. provides them a creative workspace, supportive team, capital and resources that are needed to succeed. believe arts and creativity are the center of the new economy. working with more “creative entrepreneurs” leveraging their skills and creativity to build new businesses.
  • 33. Strategic partnerships “We work a lot with different entities... Its not easy, we want to influence and change people but you certainly cant expect them to. I believe the best entrepreneurs are artists.. creatives. That is what I discovered by accident. Creative drive is critical.”
  • 34. the hub’s competitive advantage "Our biggest competitive advantage... All the things I've been saying for the past hour.. nobody in their right mind would these things. Encourage free thinking. The beautiful thing about being an entrepreneur is you truly don't need bureaucratic structure in the beginning.”
  • 35. intellectual property IP = innovation through mimicry  repurposed and inspiration “we live in a collaborative economy, we must live outside the system and constantly innovate.” “it's not a bad thing, it's all about money.”
  • 36. maintaining creativity in the workplace brainstorming improv laughter collaborative space space in general events idea wall
  • 37. going forward with the hub New building to bring together entrepreneurs, creative professionals, and technology companies A place for people to congregate, collaborate, and create a new future for Sarasota Working with Ringling College’s Motion Design students to bring a new form of art to the Sarasota community through digital projections to be showcased during their Grand Opening on December 8th.