Recipe: How to Bake Your Own Silicon Valley
I’ve visited many a region that’s interested in creating its own “Silicon Beach/Mountain/Cliff/Island/Plane/Desert,” and that is truly wonderful. Along the way, I’m often asked what makes Silicon Valley successful. The elusive recipe need not be hidden in a vault or passed down from Nana to her next of kin. Here’s a tried-and-true recipe that was handed down generation to generation in Silicon Valley for 60-plus years. Yes, it’s a family secret, but I’ll share it with you now. INGREDIENTS: A culture that embraces failure. Only 5% of startups win, but they win big. Yet embracing the other 95% is required for persistent innovation. Ample education in technology & entrepreneurship. Successful tech regions have multiple colleges and a culture of continual … Continue readingRecipe: How to Bake Your Own Silicon Valley