Summing Up (and Signing Off)

This will be my last blog post for the year. I’ve decided to pull up stumps a little early ahead of the summer holidays and festive season, because quite frankly, after the past few months I need a break.

Cyril Lancelin’s “The Knot” at Melbourne’s Federation Square – one of many public events that were short-lived thanks to lockdown

First, there was the three-month lockdown in Melbourne, and the sixth overall. This has put us firmly in the lead for the world’s longest cumulative period of lockdown, and even now, ongoing restrictions remain.

Second, the co-working space of which I have been a member for nearly three years has been put into voluntary liquidation. So I’m currently looking for a new “home” – although I’m not in a desparate rush, given the time of year.

Third, although we are less than two weeks away from the start of summer, winter has returned, bringing an extended period of cold, wet and windy weather. Whatever the cause, it’s definitely evidence of a change in climatic conditions (and has put a dampener any prospect of “opening up”).

As regular readers will know, inspiration for this blog comes from a variety of sources: meet-ups, conferences, exhibitions, networking events, international travel, live music, etc. All the stuff that I have taken for granted for so many years, and most of which has been severely curtailed (if not suspended) for the past 20 months.

While these activities are beginning to return, it’s far from “business as usual” – and the traditional summer break will mean a prolonged resumption of normal service.

So, all in all, it seems like an opportune moment to step back, re-calibrate, and hopefully return in the new year with some renewed energy and impetus.

Thanks for reading.

Next time: TBA

 

Synchronicity

I’m not sure I fully subscribe to Jung’s theory of Synchronicity, where causally unrelated events occur at the same time, and seemingly take on a significant meaning; in many cases, a coincidence is just that. But recently I have been forced to consider the possibility that maybe Jung was right.

Over the past few months, I have been reading the 12 novels that comprise Anthony Powell’s “A Dance to the Music of Time”. Although I had never read them before, the books were familiar to me through a BBC Radio adaptation broadcast between 1979 and 1982, and a UK television mini-series from 1997.

Last weekend, and quite unrelated, a friend posted some music on-line – recordings made by the band we were in during the early 1980s. One of the tracks was a song I had written at that time, and whose title had been inspired by Powell’s magnum opus. But I hadn’t listened to or thought about this song for nearly 40 years.

Separately, and also by coincidence, in the last couple of days I have been listening to “The New Anatomy of Melancholy”, another BBC Radio series that draws its inspiration (and title) from Robert Burton’s 17th century tract on mood disorders. This series was first broadcast in May 2020 – no doubt prompted by the onset of the global pandemic, with its lock-downs, self-isolation and increased anxiety. And now the programme is being repeated, exactly 400 years after the publication of Burton’s original treatise – and at a time when we need his sage advice more than ever.

Until now, I hadn’t appreciated how self-absorbed (obsessed?) Powell’s narrator, Nicholas Jenkins, is by Burton – he even ends up publishing an academic text about this prescient Elizabethan writer. On one level, Jenkins is a proxy for his literary hero (as well as being Powell’s alter ego), and much of the 12-novel sequence is a response to Burton’s analysis on the causes of, and cures for, melancholia.

All of which may or may not prove Jung’s theory, but there is for me something of a personal thread between Powell, a song I wrote, and the BBC’s recent update on Burton.

Next week: The Last Half-Mile

Looking back on 6 years of blogging

It’s that time of year to reflect on the past 12 months, the season of lists and growing wistfulness (to misquote Keats). Time to think about the year that was, and what might have been. I have been writing this blog for 6 years, and it seems like a good opportunity to take stock, as Content in Context takes a break until the new year.

First, some facts. The most popular post this year has been “I’m old, not obsolete”, even though it was published more than three years ago. In a similar vein, my most popular posts of all time could both be regarded as evergreen articles: one about crate digging in Japan, and another about the new conglomerates (update here). This year’s most popular new posts were both about Blockchain (here and here). In fact, I have mentioned the broader topic of Blockchain, cryptocurrencies and digital assets more than 50 times in the past 5 years, starting with a reference to CoinJar in mid-2013. Not too surprising, given this is where I have been focusing most of my efforts over the past two and half years.

Second, as regular readers will know, I have tried to be very disciplined about the frequency and scheduling of my posts. Whether this is purely for my benefit, or whether it helps my audience, I don’t know – but it seems to work, as I need a regular deadline, and posting on a weekly basis avoids the risk of fatigue (my own and the readers’).

Third, I realise it took me a while to find my voice – and to gain confidence in sharing my thoughts and ideas in public. Some of my early efforts didn’t quite hit the mark, as I was either trying too hard or I hadn’t yet identified what made my content have impact. Over time, based on reader feedback, the more I express my own opinions (rather than regurgitating other people’s’ views) the more that people engage with the content.

Fourth, I have always maintained two key principles in producing this blog: 1) every word is my own; and 2) no cash for comment. Over the years, I have been approached by numerous freelance bloggers who want to produce articles for me (for a fee, of course); and by PR firms who want to push sponsored content on behalf of their clients. I have managed to avoid going down that path. Nothing wrong with either activity, but it’s not in keeping with what I set out to do, and it would undermine my desire to be authentic – plus, I think it would potentially compromise my independence.

Finally, writing this blog often helps me to work out my thoughts, and develop them into ideas that I can use for my consulting work. At the same time, this platform allows me to air my views on topics which don’t immediately relate to my professional life – but which are consistent with my personal perspective and tastes. And while this blog doesn’t define who I am, it does form part of my personal branding, and I also hope it is a true reflection of my beliefs and values.

On that note, my I wish all my readers a safe, peaceful and reflective festive season. Usual output will resume in the New Year.

 

 

 

 

101 #Startup Pitches – What have we learned?

During the past 3 years of writing this blog, I have probably heard more than 100 startup founders pitch, present or share their insights. Most of these pitch nights have been hosted by Startup Victoria, with a few on the side run by the Melbourne FinTech Meetup and elsewhere.

Image sourced from Startup Victoria Meetup

Image sourced from Startup Victoria Meetup

Based on all these presentations, I have collated a simple directory of each startup or pitch event I have covered or mentioned in this blog, as well as a few key accelerators and crowdfunding platforms.

What have we learned over that time?

First, apart from the constant stream of new startups pitching each month, it’s been impressive to witness the Melbourne startup community collaborate and support one another.

Second, some of the international founders who have spoken are among the rock stars of startups – and we are fortunate that they have been willing to spend time in Melbourne.

Third, a number of the local startups who have pitched during this time have become well-established and well-known businesses in their own right.

This all means that besides creating great products and services, and being willing to share their experiences, the founders have helped aspiring founders and entrepreneurs to appreciate the importance of:

  • product-market fit;
  • working with agile processes and lean startup models;
  • tackling prototyping and launching MVPs;
  • learning what to measure via key metrics;
  • figuring out funding; and
  • knowing when to pivot or fold.

Looking at the cross section of pitch nights, panel discussions and guest speakers, there are some significant trends and notable startups to have emerged:

Industry focus: Not surprisingly, the pitches are heavily biased towards FinTech, MedTech, Education, Digital Media, Enterprise Services and Consumer Services. There are a some key startups focused on devices (e.g., SwatchMate and LIFX); a smattering in recruitment, fashion, gaming, health and well-being, property services, social media and even logistics. But there are surprisingly few in environmental technology or services.

Business models: Two-sided market places abound, as do customer aggregators, sharing platforms (“the Uber for X”, or “the AirbnB of Y”), freemium apps and subscription services (as opposed to purely transactional businesses). There are also some great social enterprise startups, but surprisingly no co-operative models (apart from THINC).

Emerging stars:  Looking through the directory of startups, some of the star names to have come through during this time, based on their public profile, funding success, awards (and ubiquity at startup events….) include:

CoinJar, LIFX, Tablo, SwatchMate, etaskr, DragonBill, Culture Amp, Eyenaemia, Timelio, Moula, nuraloop,  Konnective, OutTrippin and SweetHawk.

Acknowledgments: Some of the startups and pitches in the list are just ideas, some don’t even have a website, and some didn’t get any further than a landing page. However, I have not been able to include all the startups that turned up at Startup Alley, nor the many more startup founders I have met through these events (but whom I didn’t get to see pitch or present), nor the startup ideas that were hatched during the hackathons I have participated in. And there are a few startups that I could not include because I heard them pitch at closed investor events. Finally, I am and have been very fortunate to work with a number of the startups listed, in various capacities: Brave New Coin, Ebla, Re-Imagi, Slow School of Business and Timelio. To these startups and their founders, I am extremely grateful for the opportunities they have given me.

Next week: Putting a Price on Value