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Hard Knock MBA (Personal MBA)
Hard Knock MBA (Personal MBA)
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Hard Knock MBA (Personal MBA)
 

Was it worth it?

Posted by Al Doan under Gaining Experience, techstars

12

Aug
Hard Knock MBA (Personal MBA)

A friend of mine asked me recently if I thought spending a summer as an intern for TechStars was a good idea.  Here was my response -

Best idea ever.

Depending on the level of your involvement, you could potentially walk away from this internship with experience in starting 11 companies, going through dozens of pivots, chasing the minimum viable product multiple times in multiple industries, developing pricing models for 11 companies products, the hiring and firing and team building as well as all other nuances related to human resource drama that come in the startup world, drilling through messaging problems multiple times with each company, mastering pitch strategies, walk through financing these companies with VCs and Angels, the multiple stock scenarios that all have to be worked through, and on and on and on.

Seeing that many ideas walk the maze of failure to reach that eventual success has given me more confidence and skill than I could ever have curated on my own one or two projects, assuming I could have made meaningful progress on those one or two projects, working alone in the allotted 90 day time frame.  The way to approach it is to think down the road three months and ask yourself if you’d regret spending a measly three months gaining that much experience? I promise you there is no better way to spend that time.

Not to mention the immense network of mentors, friends, and new best friends that all come from the program which I will lean heavily on for the rest of my career.

Breaking it down it looks like this

Rent — $1800

Chewy chips ahoy — $80

Chocolate milk — $150

Broken arm with no insurance — $3000

The ability to reach into the upper echelons of the technology industry with a network of mentors, supporters, and 40 brilliant new friends who have seen your work ethic and would go to bat for you without reservation — Priceless

Stick that in your Discover commercial.

The newfound family

Such a great summer.

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Hard Knock MBA (Personal MBA)
Hard Knock MBA (Personal MBA)
  • heyrich

    @drbillnye, you are a total rock star. So glad you said YES To TechStars. Count me in the number who'd go to bat for you without reservation.

  • http://twitter.com/timfalls tim falls

    TechStars was better for having you in the Bunker (*all* the time, might I add).

    Glad you decided to join the community, and hope to see you around the neighborhood again soon…

  • http://twitter.com/nglaros Nicole Glaros

    Loved having you Al. Wouldn't have been the same without you!

  • http://twitter.com/nglaros Nicole Glaros

    Loved having you Al. Wouldn't have been the same without you!

  • http://www.tmarkiewicz.com tmarkiewicz

    Great post, thanks for all your help Al!

  • http://twitter.com/jrmoreau James Ryan Moreau

    Al, your energy is contagious. Thanks for meeting with me and introducing me to some of the Tech Stars teams. It was much appreciated!

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