Bootstrap Austin Community
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The document describes Bootstrap Austin, a self-service community for bootstrap entrepreneurs. The community aims to help entrepreneurs advance through different phases of starting a venture by building shared knowledge, awareness of next actions, and leveraging members' unique skills and resources. It does this through various programs and levels of participation, including monthly learning sessions, social media engagement, subgroups for specific industries or stages, and peer support groups of founders in similar stages. The goal is for the community and its systems, like wikis, podcasts and online groups, to support members in taking the right actions at the right time to grow their ventures.
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Bootstrap Austin Community
- 1. Bootstrap Austin : A Self-Service Community for Bootstrap Entrepreneurs Bijoy Goswami November 7, 2009
- 2. Elements of the Bootstrap Community about something protocols for interaction members are connected takes action systems to support its activities Note web links (underlined and icons) throughout slides
- 3. Third Way of Entrepreneurship b Cookie Cutter Funding Driven What is Bootstrap? 1. about Bootstrap!
- 4. Bootstrap Community QUEST(ion): What is Bootstrap? Challenge the Bootstrap Entrepreneur’s Personal Entrepreneurship Model Sharing stories + model locks in bootstrappers’ learning Consistent language of the key stages, principles, actions of bootstrap entrepreneurship Help participants advance through each phase of the venture: Gain the ‘right’ knowledge And make the ‘right’ connections Leverage their own unique skills and resources, in order to ‘Take the right action at the right time’: 1. about Ideation VoD Bootstrap Community – Builds shared knowledge of venture building Participant – Builds awareness of next action in venture Growth Knowledge Connections Skills Resources Skills Resources Skills Resources Knowledge Connections Knowledge Connections
- 5. Bootstrap University 12 monthly learning sessions (optional) Bootstrap Entrepreneur Speakers Social Media Twitter: daily tweet facebook: discussion BootRap Podcast 1. about
- 6. Levels of Community Participation Bootstrap Community 2. protocols Appropriate Conduct and Rules of Engagement 1. Participants Attend meetings May become active 2. Active Participants Speakers, bloggers, tweeters May become contributors, Collaborators or inactive 3. Contributors Lead subgroups May become Active Participants Collaborator 4. Collaborators Coordinate overall community May become Active, participants or Contributors
- 7. Laws of Networks Sarnoff's Law = the value of a broadcast network is proportionate to the number of viewers / readers. Metcalfe's Law = value of a network is proportionate to the square of the number of nodes, i.e., n2. (And, connecting two networks creates far more value than the sum of their values as independent networks.) Reed's Law = value of a group -forming network is proportionate to the exponential of the number of groups, i.e., 2n 3. connected
- 8. Subgroups by Stage You QUEST(ion) Ideation Valley of Death Growth 3. connected
- 9. Subgroups by Area Interactive Food Art Experience Sustainability Publishing Etc... 3. connected
- 10. How we Build Community Subgroup Monthly Meetings Informal 30min: social (in-person introductions) 1hr Speaker on monthly principle & map 15min: participants integrate lessons Online Twitter Facebook BootRap 3. connected
- 11. BootBoards 6-8 Bootstrap Founders Same Stage 3-5hr Monthly Meetings 12month commitment 4. action
- 12. Free, Open Source Wiki – repository Podcast & Blog – events, talks, news facebook – one-on-one connection, events Yahoo groups – member many-to-many communication 5. systems
- 13. Contact BijoyGoswami.com Follow: @bijoy facebook.com/bijoy [email_address]