[SxSW] One Quarter Down, Here Are 2023's Biggest Takeaways

Mar 26, 2023

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In the Grit Daily Startup podcast, guests Dr. Richard Munassi (Tampa Bay Wave), Michelle Jacobik (Author, The Path to Profits) and Anne Ahola Ward (Author, The SEO Battlefield), to discuss the Silicon Valley Bank financial crisis, crypto and web 3 trends, and the effects of the pandemic on learning for students. They share their personal experiences about the tech startup space, talk about the importance of diversification and liquidity, and express empathy for the employees of Silicon Valley Bank. They note the necessity for entrepreneurs to educate themselves on crypto and NFTs, and caution against the use of TikTok due to the risks involved and litigation in Texas to ban it. The speakers also highlight the South by Southwest Festival as an incubator of innovation and energy and a great American comeback story.

Timestamps

[00:00:08] The Benefits of High-Level Networking for Entrepreneurs

[00:03:31] The Impact of the Silicon Valley Bank Crisis on the Talented Professional Community in the Startup and Tech Sector.

[00:06:53] The main topic is an entrepreneur making millions by selling NFTs.

[00:10:18] Government Regulation of Safety Data and Privacy for NFT and Digital Platforms.

[00:13:28] The Energy and Excitement of the Technology Industry: My Experiences at South by Southwest and Running an Independent Insurance Agency

[00:16:52] The Comeback of South By Southwest and American Innovation During the Pandemic

All Quotes

[00:10:55] "But Spotify got a major design overhaul this week. It made national news. Reddit also had a little bit of a touch up, but I couldn't help but noticed that this was a very TikTok y style overhaul. So, I'm curious what your thoughts are about TikTok. Is this something the startups that you work with are using?"

[00:17:50] "It's something that as we look into the future, this year in particular, 20 23, I think is that inflection point for South by Southwest to get back on track."

[00:14:26] "But what I've noticed is that a lot of the content that pops up and becomes so big on TikTok. This often spills over to other platforms. So I don't really feel like I'm -- Yeah. -- missing yeah. Yeah."

[00:05:28] "I've gotten to know in my 12 years here in Tech a number of people, a different level of the organization. Every person I've met historically has just been absolutely wonderful, really cared about startups, really cared about the ecosystem on a national level, and building and growing out tech in all ways."

[00:00:58] "My name is Michelle Jacobik, and I am the CEO and founder of the Envision and Thrive Academy for Entrepreneurs and also the author of the Path to Profit. An entrepreneur's guide to having it all and still having a life."

[00:07:45] "I think when it comes to everything Crypto and Web 3, the reckoning has already kind of started there."

[00:05:16] "It's something that's really often we're going to see the impact here for at least a couple of weeks, but I have to say right now, my heart goes out first and foremost to all of the employees of Silicon Valley Bank."

[00:17:05] "My principal concern initially was just, hey, hopefully, everyone helps get a good job, stabilize themselves, the world was on fire at that point March 20 20. And then seeing it be propped up now by billboard and then, you know, kind of this year feeling like we're back to not where it was pre-pandemic, but we're on the right path. I love that."

[00:13:46] "I certainly don't think that there's any standard smart solution that that exists here. I just know that I made a decision very early on that TikTok was not something I was going to get on."

[00:18:39] "It's always funny to me when people say that South by Southwest is dead because I always just think, well, it's dead for you."

[00:02:30] "I'm quite happy with that. And loving everything happening in the tech sector right now except for 1 thing. And that is the news of the day that I'm sure we're going to get into here in a short order."

[00:14:43] "But I just knew that if I did, I I just doesn't jive with any of my ideals -- Yeah. -- personally. But and I know. I I'm all about freedom too. Right? Yeah. Free and safe Internet."

[00:11:20] "I am not a fan, maybe because I'm much older than I look. But, you know, at the end of the day, our program tends to be a wave of the accelerator that I run. We do run a cybersecurity focused cohort. And that cyber course is 1 of our most successful. We do get to kind of see behind the curtain when it comes to a lot of security things and what I know about TikTok. And especially the back and behind it kind of scares me quite a bit. So, it is something."

[00:10:03] "Even the Vatican is paying attention to the fact that there are they've got to be able to with more than 60000 people, that was the normal daily, you know, load to the Vatican that this pope is saying, we've got to connect with the younger generation. They're going to be using NFT and doing this entire thing."

[00:05:59] "Though downstream, people might judge them based on this part of their career life cycle, it does not define them as people."

[00:15:15] "So I I this is my first time. And, yeah, it's been an incredible, like, daily house incredible. Just too I'm just starting to come into this whole tech startup space being called in, which is great, on sort of that main street coming from, and I love that you said this doctor like you were in medical practice. I was in insurance. Right?"

[00:03:35] "This is really scary stuff. Right? Like, I mean, you can't avoid it."

[00:06:14] "Everyone associated with SVB They're people too. They're incredibly brilliant. A number of them have just done such fantastic things that I've witnessed over the course of my career. And I hope that this doesn't negatively impact them as they look into the future in their careers in finance world or otherwise."

[00:04:00] "We thought the pandemic was an unknown, but now there's this financial, like, literally heyday again."

[00:17:13] "And then seeing it be propped up now by billboard and then, you know, kind of this year feeling like we're back to not where it was pre-pandemic, but we're on the right path. I love that. And that's what I was looking forward to the most honestly, I've been part of the advisory board for a number of years for Southwest, Southwest on the pitch side. Alternate judge for the pitch this year as well. Chris about Chris on time and Sean Murdo did incredible."

[00:02:48] "I am also published author. I wrote the SEO Battlefield in 20 17, which was published by O'Reilly Media. And I also work with startups. I am I was dubbed the mother of startups by CNN. It is a distinction I I hold quite proudly."

[00:09:23] "You've got to get educated here. So, if there's entrepreneurs listening that have not. They're in the startup space, but they haven't gone into this world of NFT's crypto blockchain. Like, it's time to educate ourselves."

[00:19:45] "And so to step into the incubator, like, I'm so excited that this is my first year and it's liven up again, and I think it's just going to keep getting better."

[00:06:53] "I do think in these times, transparency builds trust for sure."

[00:12:46] "Ultimately, we're at risk. And I as well, you know, like, it's not a video thing. And am I gonna get out there and be more consistent with my, you know, content so that I can get more followers and to get my my mission and message out there it's like, where am I safe in getting content out?"

[00:19:29] "Ride that wave. Yeah. That's how you do South By. And it's so exciting to be back. Great. Live Events, as you said. Like, we're craving it, you know. And the innovation that comes when you step into the incubators of innovation and energy and entrepreneurship. Like, this is what America's built on."

[00:12:08] "I think we're gonna kind of see more more of that. While also, I think you're starting to see maybe a little bit more and more of a negative pushback on TikTok, especially from the government side of things."

[00:01:36] "I'm doctor Richard Monocie, and I am the next purchaser of Michelle's book because that sounds absolutely fantastic. In fact, I run an accelerator program in Tampa, so I'll probably buying a lot of them."

Blog Post

Article #1:

In this episode of The Grit Daily Startup Podcast, they discuss the incredible work of entrepreneurs Michelle Jacobik, Dr. Richard Munassi, and Anne Ahola Ward. As Dr. Munassi said, “I'm a physician. I haven't seen a patient in about 12 years. I've been in the tech sector since then.” In the podcast, they discussed their current projects, as well as their views on the ever-changing tech sector.

If you’re an entrepreneur, this is the perfect podcast for you. Michelle Jacobik’s Path to Profits and Anne Ahola Ward’s SEO Battlefield offer an abundance of tips to build an effective and successful startup. With Michelle’s innovative methods to “have it all and still have a life” and Anne’s expertise in SEO, the podcast provides listeners with vital advice.

Here are some key takeaways from their points that can help entrepreneurs on their path to success:

1. Keep up with the latest trends: Be aware of the changes in the tech sector as things evolve quickly and make sure to stay up to date.

2. Have a plan: Know your vision and work to ensure your business finances and lifestyle balance each other out.

3. Document your journey: Make sure to document your journey so you can look back to identify what you did right and wrong and improve on them.

Don't miss out on the chance to learn from the experience and knowledge of seasoned entrepreneurs. Tune into the Grit Daily Startup Podcast to hear Michelle, Richard and Anne’s invaluable advice and tips. As Michelle said, “I work with entrepreneurs and really going to the places around their vision for their life by design.”

Article #2:

Have you ever wondered what it takes to be successful at startup businesses? On this episode of The Grid Daily Startup Podcast, listen to Michelle Jacobik, Dr. Richard Munassi, and Anne Ahola Ward, who share valuable tips for aspiring entrepreneurs.

As Richard said, “Couple of different companies, some of which I've been very lucky with, currently run an accelerator in Tampa called the Tampa Bay Wave. Been managing director there for I think this is year 7 now.” Listen to their experiences and perspectives on creating a successful startup. With Michelle’s guide to making profits, Anne’s expertise in SEO and Richard’s vast knowledge of the tech sector, you can gain so much insight by listening to the podcast.

Here are three key takeaways from the podcast that can help you on your entrepreneurial journey:

1. Timing is everything: Ensure you stay up to date with the current tech trends and be wise with the timing of your decisions.

2. Placement: Make sure that there is a balance between what your business finances dictate and what you want out of your lifestyle.

3. Review: Document your process and review it periodically to reflect on the highs and lows of your journey and needed improvements.

If you’re interested in hearing the advice of successful entrepreneurs and business owners, be sure to tune into The Grit Daily Startup Podcast. As Anne said, “I'm also a published author. I wrote the SEO Battlefield in 2017, which was published by O'Reilly Media.” Don’t miss out on the chance to gain this valuable information!

Social Post

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