The Distiller: Collabaroative Community
Sunday, May 2nd, 2010I am a member of an incredible web start up community called the Distiller: A collaborative support network of young and aspiring entrepreneurs creating an environment wherein we support and encourage each other, offer feedback and share the highs and lows of the new venture journey, together.
It is organic, collaborative business community at it’s best, one which provides a shining example of an environment “…overwhelmingly governed by the trust/reputation/community approach…”
Throughout the year we hold 12 week “Sprints” as a primary means of sharing with and supporting one another. Each sprint is made up of six fortnightly “therapy sessions” : a forum to discuss the stepping stones towards our end goal.
Basically it’s about answering the question: where do you want to get to over the next 12 weeks? and then breaking this goal down into smaller action orientated tasks.
It is a practice in planning, intended to instill a sense of urgency and keep us focused on putting our plans into action. It is a great model and planning is an excellent disciple but a plan is only ever as good as it’s execution which of course comes back down to having the right people, as I discussed in lessons from an Angel
Failure to execute was seen as the number one reason that companies fail and for this reason – People – the management team is the number one factor influencing the angel’s investment decision.














