• Accountability is a crucial skill to learn early in your career.
• Setting a compelling vision is essential for inspiring and motivating others.
• Spinning out a startup from a large organization can increase the chances of success.
• Finding the right team members with the right attributes is crucial for early-stage startups.
• Non-technical founders should seek help and focus on getting customers.
• Being self-sufficient and leveraging networks can help startups succeed.
00:00
Introduction and Background
00:41
Starting a Career and Learning Accountability
06:17
Product Vision and Reinforcing It
08:21
Raising Money and Innovating in Large Organizations
09:48
Key Learnings from Taking a Startup Outside of a Large Organization
12:12
Product Development and Team Structure in a Startup
13:39
The Vision and Business Model of EV Pro
14:03
Attributes to Look for in Early Stage Startup Team Members
23:36
Importance of Getting Customers and Seeking Help
26:37
Being Self-Sufficient in the Early Days
29:50
Leveraging Networks and Finding Help
32:01
Testimonial for Lightning Products
Uber
Mentioned in relation to Jian Wei Hoh's work experience in operations, particularly in the Nordics.
Ford Greenfield Labs
Jian Wei Hoh worked here, contributing to his understanding of innovation and product development.
Vizor
A company Jian Wei Hoh was involved with as Founder and CEO.
EV Pro
Jian Wei Hoh’s current startup, focusing on EV adoption for small businesses.
IDEO
Mentioned as a well-known design and innovation consultancy.
Bain & Company, McKinsey & Company
Mentioned as examples of consulting firms.
NoCode and LowCode Tools
Mentioned in the context of building initial product versions for startups.
Vision Setting Framework
Description: Jian Wei Hoh likens vision setting to creating a movie plot, where the founder is the hero. The vision should be compelling enough that it excites and inspires both the founder and others. This framework emphasizes clarity and conviction, ensuring that the vision is something you truly believe in and are passionate about.
Resources: Storytelling in Leadership
Customer-Centric Product Development
Description: A key strategy discussed is the focus on customer-centricity in product development. This involves understanding and prioritizing the customer’s needs above all else. Everything from product design to marketing should revolve around delivering an exceptional customer experience.
Resources: Jobs to Be Done Framework
Discovery vs. Delivery
Description: Jian Wei Hoh distinguishes between discovery (finding product-market fit, initial customers) and delivery (scaling a proven business model). Startups focus on discovery, while established corporations focus on delivery. The challenge in corporate innovation is that these two processes are fundamentally different and often conflict.
Resources: Lean Startup Methodology
Attitude in Startup Hiring
Description: Initially, Jian Wei focused on hiring people with a positive attitude (glass half-full mindset). However, he realized that persistence and resilience (the ability to "refill the glass") are more crucial in a startup environment where challenges are constant. This strategy highlights the importance of hiring individuals who can endure and adapt in the face of adversity.
Resources:
Grit by Angela Duckworth
Building a Team with Complementary Skills
Description: The podcast emphasizes the importance of having a co-founder or a team with complementary skills, especially in the early stages of a startup. The idea is that no one person can excel at everything, and having diverse expertise is crucial for speed and effectiveness.
Resources:
The T-Shaped Professional
Outsourcing and NoCode/LowCode
Description: Discussed in the context of modern startups, the strategy of using NoCode or LowCode tools to quickly build and test products without needing a technical co-founder. This approach allows startups to focus on acquiring customers and validating their business model before investing heavily in custom development.
Resources: Guide to NoCode Development