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Jesko Von Windheim - The Startup: Navigating Chaos to Elevate Your Career and Achieve Entrepreneurial Success

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Jesko Von Windheim The Startup: Navigating Chaos to Elevate Your Career and Achieve Entrepreneurial Success
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This highly readable volume tells the true story of a venture that achieved more than 400,000% return for its founders and investors. The book follows one of the principals in the startup as he navigates a series of extraordinary twists and turns becoming an entrepreneur and building a company. The turbulent journey educates and entertains as the author recounts his own learning experiencesproviding a practical education on the fundamentals of customer discovery, sales, marketing, business development and entrepreneurship. This personal story conveys the substance of content taught in the classroom in a compelling and easy to read style. With learning experiences ranging from opportunity identification to customer acquisition and raising money and exiting a company, the book presents a collection of topics carefully curated to answer fundamental questions about innovation, entrepreneurship, and career success.

The book serves as an essential guide for those who wish to innovate to create value and wealth for themselves and others. Readers will gain a gritty, yet inspiring, view of the trials and tribulations inherent in any entrepreneurial endeavor, and will walk away from the book with practical tools and techniques for career success, whether it is with a brand-new startup or an established corporation.

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Book cover of The Startup Jesko von Windheim The Startup Navigating Chaos - photo 1
Book cover of The Startup
Jesko von Windheim
The Startup
Navigating Chaos to Elevate Your Career and Achieve Entrepreneurial Success
The Springer logo Jesko von Windheim Nicholas School of the Environment - photo 2

The Springer logo.

Jesko von Windheim
Nicholas School of the Environment, Duke University, Durham, NC, USA
ISBN 978-3-030-45077-9 e-ISBN 978-3-030-45078-6
https://doi.org/10.1007/978-3-030-45078-6
Springer Nature Switzerland AG 2020
This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed.
The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use.
The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, expressed or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations.

This Springer imprint is published by the registered company Springer Nature Switzerland AG

The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland

An image displays a scribbled line starting at a point and moving upward - photo 3

An image displays a scribbled line starting at a point and moving upward indicated by an upward arrow.

This book is dedicated to my mom and dad who taught me to be bold and to embrace chaos.

Acknowledgements

You dont ride a roller coaster in a vacuum. All the experiences I have had, difficult or exhilarating, have enriched my life, and I feel truly blessed for all of it. But I couldnt have done any of it without my familyMonika, Tasso, Natalia, Katriana and Thilowho, during good times and bad, have my back unconditionally.

I am also incredibly lucky to work with amazing people who have taught me everything I know: Stephen Brooks (manufacturing), John Fuscoe (legal), Karl von Gunten (marketing), David Koester (product development) and Rick Scott (finance) have been the backbone of everything I have done for the past 20 years.

When it comes to actually writing things down, I would not get very far without Wendy Graber whose patient editing smooths the rough edges and brings my stories to life.

Finally, I want to thank Karen Lee Weil, a rare impact player and the gold standard that I measure every chief technology officer by.

Contents
Springer Nature Switzerland AG 2020
J. von Windheim The Startup https://doi.org/10.1007/978-3-030-45078-6_1
Turbulence
Jesko von Windheim
(1)
Nicholas School of the Environment, Duke University, Durham, NC, USA
Jesko von Windheim
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Turbulence sucks.

At 33,000 feet in the air, we were in the thick of it, causing even a seasoned traveler like myself to grip my armrests in forgotten prayer. Ignoring the twists and turns of the plane, I leaned my forehead against the window, trying to get some sort of relief. The cold felt good, easing the headache that was about to explode, taking my mind off the nausea building in my gut.

It had been a rough, almost surreal tripstarting with the flight up to Ottawa, into the middle of an ice storm with ice thick enough to topple electrical transmission towersand ending with failure. There was just no other word for it. Forget turbulence, I had failed.

As we descended, I realized the feelings in my head, my gut, and even my heart werent physical; they were the manifestations of a failing venture and the bitter recriminations that came with it.

Yes, turbulence sucks. But its one thing if youre experiencing it on a plane, flying from one city to the next, and quite another if its a defining characteristic of your career. Or your earning capacity. Or your life. On the plane, youre just a passenger. Turbulence is a short-term nuisance until your pilot finds a smoother flight path.

As an entrepreneur, you learn quickly that turbulence is an integral and unavoidable part of your life. The ups and downs are extreme, with the potential to cause damage that goes far beyond a bit of nausea or short-term sphincter clenching. You, the entrepreneur, are the pilot. Attempts to find smoother air are entirely up to you. And in this case, there are no fancy gizmos to help you get thereno maps, no flashing lights, no gurus at the top of the mountain. Its you and whatever you can dream up to make things better. Most people avoid such craziness and get a real job. Thats what everyone is taught to do.

Successful entrepreneurs learn to embrace the unpredictability of turbulenceunderstanding that highs and lows are a natural part of innovation. Of course you envy friendsthe ones with stable career paths at McKinsey, Apple, or Googlebut the corporate grind is not in your DNA. There is an element of gambling to what you do, with a unique twist because the game is your own. Success or failure is entirely based on your rulebook. Under these conditions, success is insanely gratifying and failure is particularly bitter. I know.

If you want to be an entrepreneur, you need to understand the game. Turbulencerisk, the unknown, chaosis unavoidable. Embracing entrepreneurship, but not turbulence is the path that is least likely to lead to success. If others depend on youyour co-founders, co-workers, or familythen ignoring turbulence is worse than a mistake, its reckless and can have a profoundly negative impact on your life and the lives of those close to you. As an entrepreneur, it is crucial to appreciate the chaos that permeates your situation and proceed with caution. Anything else may be disastrous.

When I began my career commercializing technology innovations, I learned that many people I worked withparticularly my bosses, but also technical collaboratorsexpected the business guy to magically make the chaos go awayor, at the very least, be able to identify and avoid it, just like the pilot in the plane.

But new innovations are never quite what you think they will bethey always require more development than expected and more time than you planned for. Technology rarely performs exactly like the tech team said it would. And, it turns out, customers are just as fickle! One day they like your new technology, the next day they dont, and the day after that, they go with a competing product. All of this creates chaos for your startup. A lot of chaos. Turbulence.

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