Lambda, Newark, Megan O'conner discussed on Art of the Hustle

Art of the Hustle


Let's make home care better together. Talk to us about the future of work because we've talked around it a little bit but i want impact that further because i think that's something on everyone's mind. Yeah definitely the the feature to us. We have four categories that were most excited about and we say unsurprisingly into the future work as human so the areas that we are really excited about one newark armaments self explanatory. We have you know we're not going back to the same way. It was and the the next one. I'm excited about recalled. Lifelong learning the education system is going to be changing online. Education could be just as sufficient. I think people are going to think about certificate programs a lot more than four year college education if that gets them. The job revenue-sharing i essays are becoming income. Share agreements would become something. That's more popular so all those structures lifelong learning. What is not what what is going. Come share agreement income Agreement is just basically that Can you have a discount on an education platform certification course in exchange for sharing your future her future portion of your income and i think people have tried this for a different various ways. Another public companies like lambda one job easy. That's coming up. People are dead finding ways that you can ensure an increase in your income coming out of certification program and for that you're willing to rep share essentially your future income and he is really interesting. You're betting you're betting on people picking stock on in people in. That's been a thesis of mine for a long time. The third bucket. I love is we call redefining the resume so for so long. The resume bank. Dan were you've worked is what defines you and i think that's definitely going to change the career ladder so to speak is now looks like lattice and at what point. Are you mapping your skills to a whole new career. People change a career now three four five times in their lifetime as opposed to a previous generation. The last one is worker wellbeing. So how is your company organization. You're a leader. How how is your mission. Satisfying what is it. What role does it play in your your employees life because there's a lot to now so those are the areas that we're really excited about. We have eighteen founders right now in the humans in the wild program who are tackling various Challenges around those for forbid buckets. Let's talk about access in of like you know who is getting these investments. I don't i might be setting you up for you know something. That's embarrassing so i hope but i just know anybody personally. I imagine that you're very thoughtful about investing in diverse in gender diverse in economically diverse international entrepreneurs. But talk to us about how human is democratizing. That access to founders. It goes back to his in philosophy that you're talking about that it's not even it's the right is the right thing to do. Definitely be quality and we're so far from from equity and in quality the this is also where there is so much opportunity because they're investing in underrepresented founders or underfunded areas. That's where you've been had the most leverage with your capital. So i absolutely think that it's an incredible business decision to diversify your talent pools where you picking founders from. What attributes are you looking for a. It shouldn't be they all went to excellency college. And that's you know social proof that there will be a good entrepreneur. It's just not that's not. There's no correlation there so you really have to do the work to say what are the founder traits that were really looking for in their communities. Are there areas or network nodes that we can tap into to identify founders who are in those different types of areas. That's a great. We'll talk more about that. So what is the example of a network. Node that you tap into well. We talked about philanthropy early on and one of our personas that we talked about internally is can the phd in life. Did you start A nonprofit organization about a lot of women. Actually who are phenomenal. Operators is sometimes. It's easier missouri nonprofit than it is for profit in society's view so you know we invested in phenomenal woman. Megan o'conner in the non profit space for a long time. She decided she's a part of it. Applied her talents to the education sector and we invested in her company. That was bringing technology to tutoring an education and that persona of founder might not have been a typical tech investment prior. But because we said what you know how to do a lot with a little you know how to sell your vision and investors and all sorts of sheets. She knew how to sell and she knows the skills needed for her company. So you can be really thoughtful about how you're mapping skills than you can find talented founders in a lot of different places you know about network nodes more than anybody with some community is who are those carriers people people who embody the values that value and can you then have them kind of recruit and curie founders to to come in and you so that's what we do. We do our our application process. We'll see three or four or five hundred founders who are applying for these twelve spots and and then we picked the people who we think are going to be phenomenal and were very careful about. The construction of the class is their diversity of thought background of misty. You absolutely don't want much thinking your company so imagining that like you know there's listeners. Who are you know. p- i. I think they're more great ideas out there than we realize i. I've heard i heard so many awesome ideas. We all have different ideas as entrepreneurs for things that we could pursue if only we had the time or bandwidth and often just like building. The consortium of people. But i'm just curious to like. I have an idea that i have some conviction around. I haven't started a company. Perhaps i'm in a habit corporate job or you know. I run a non profit or i'm in a nonprofit but like i have an idea for something that could be market based solution that can scale grow support myself my family and have a positive world impact so take us through some of the steps if you found me. I'm raw talent. I got all the building blocks. But i mean I'm clueless in terms of what to do next with this there. So many resources out there now for people who are hanging about being a founder find some founders that resonate with you and see how how they think and then in their programs of just being with other people who are like my life that there's one called day one there's one on-deck their their communities so that people can bounce these ideas of each other but then more importantly can you start inner testing iterating idea to see if it comes to something taking something from nothing and then there are incubator programs there. Are you know. There's just so much out there that you can start testing your idea and putting it towards but i i see the world in terms of people so i just say throw your idea against the wall against as many people as you possibly can to get all of the feedback and and then just start to watch built and then once you get that traction you know then.

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