#founderlife

A short talk + AMA about startups

Khurram Virani (KV)

Quick disclaimer

No experience raising money

  • Taught people about computers starting age 10
  • Built first curriculum in grade 9 (CS)
  • Went to UoG for 4-year CS program with Co-op
  • Worked at various startups (one of which was acquired by Google after I left)
  • Ran a boutique software agency ("dev shop") in Toronto
  • Hired tens of developers from various programs
  • Assumed I'd get into teaching in "late career"

A Short Backstory

  • Moved from Toronto to Vancouver to start LHL in Q4 of 2013
  • Vision: Ensure that technological change is a source of opportunity for everyone
  • Mission: Efficiently preparing the workforce with the skills necessary to succeed in roles that leverage
    Data & Technology

Lighthouse Labs

Some Lessons Learned

Lesson 0

Learning from others' mistakes is better than learning from your own

Lesson 1

Just because I'm a tech person, doesn't mean I can only create or run tech businesses

Lesson 2

Co-founders are great, but understand their values and motivations.

 

What are their goals and how do they compare to yours?  

Lesson 3

Think about Mission and Vision for your company as early as possible.

 

Always keep them in mind.

Lesson 4

Be careful about building a product around a feature that should belong in existing ones

Lesson 5

Keep a list of your ideas, yes.

 

But instead it should be a list of problem definitions first, not solutions first

Lesson 6

Mentorship is key.

 

Have mentors to work on important weaknesses

Thank You!

Questions?

Founderlife

By Khurram Virani

Founderlife

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