Entrepreneurial Thought Leaders (ETL)

David Friedberg (The Climate Corporation) - Entrepreneurship Gives Life Meaning

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Oct 5, 2011
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ANECDOTE

Inspiration Behind Weatherbill

  • David Friedberg started Weatherbill after noticing weather's impact on a bike rental business.
  • He developed a prototype using weather data to price insurance coverage for weather-related losses.
ADVICE

Startup Should Solve Problems

  • Don't start a startup as an activity; focus on solving a specific problem.
  • Assemble your team based on the problem, not for the sake of appearing entrepreneurial.
INSIGHT

Reality of Entrepreneurship Success

  • Being an entrepreneur rarely makes you a 'rock star'; success is the exception, not the rule.
  • Most startups do not lead to massive financial rewards, so motivations should be impact, not fame or money.
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