{"id":19371,"date":"2017-05-21T03:46:05","date_gmt":"2017-05-21T10:46:05","guid":{"rendered":"http:\/\/www.web-strategist.com\/blog\/?p=19371"},"modified":"2023-06-08T09:58:41","modified_gmt":"2023-06-08T16:58:41","slug":"recipe-how-to-bake-your-own-silicon-valley","status":"publish","type":"post","link":"https:\/\/web-strategist.com\/blog\/2017\/05\/21\/recipe-how-to-bake-your-own-silicon-valley\/","title":{"rendered":"Recipe: How to Bake Your Own Silicon Valley"},"content":{"rendered":"\n
\"\"<\/a><\/figure>\n\n\n\n

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.<\/p>\n\n\n\n

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.<\/p>\n\n\n\n

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INGREDIENTS:<\/strong><\/p>\n\n\n\n

    \n
  1. A culture that embraces failure.<\/strong> <\/span>Only 5% of startups win, but they win big. Yet embracing the other 95% is required for persistent innovation.<\/li>\n\n\n\n
  2. Ample education in technology & entrepreneurship.<\/strong> Successful tech regions have multiple colleges and a culture of continual learning.<\/span><\/li>\n\n\n\n
  3. Plentiful Venture Capital \u2013 not just Gov money.<\/strong> Free-market VCs are needed to bolster the community, as govs can create friction for startups.<\/li>\n\n\n\n
  4. Successful entrepreneurs re-invest \u2013 not retire.<\/strong> Once a CEO cashes out, he or she mentors others and invests funds back into the ecosystem.<\/li>\n\n\n\n
  5. Density of population to foster serendipity.<\/strong> Most innovation happens in urban areas, fostering a frequent intersection of people and ideas.<\/li>\n\n\n\n
  6. Attractive quality of life.<\/strong> Talented workers can work anywhere, so attract them with diverse culture, temperate weather, and quality lifestyle.<\/li>\n<\/ol>\n\n\n\n
    \"\"<\/a><\/figure>\n\n\n\n

    PREPARATION:<\/strong><\/p>\n\n\n\n

    First, place all ingredients in one large bowl, and use a mixer to stir vigorously on high for three years \u2013 lumps are OK.<\/p>\n\n\n\n

    Then, pre-heat oven on low, place ingredients on a greased pan, and bake for five years. Remove from oven and let cool for 10 years as it rises.<\/p>\n\n\n\n

    Any dish becomes bland if served the same way, so add flavor from a diverse set of founders and workers who span genders, races, and more.<\/p>\n\n\n\n

    As a garnish, whisk in some tech bloggers, sprinkle in some eccentric founders, and grind in a fresh industry analyst or two.<\/p>\n\n\n\n

    Serve warm, serve generous, and enjoy the sweet taste of innovation with those around you.<\/p>\n\n\n\n

    Congratulations, you’ve just baked your own Silicon Valley.<\/p>\n","protected":false},"excerpt":{"rendered":"

    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 … Continue readingRecipe: How to Bake Your Own Silicon Valley<\/span><\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":22789,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[195],"tags":[],"class_list":["post-19371","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-innovation"],"_links":{"self":[{"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/posts\/19371","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/comments?post=19371"}],"version-history":[{"count":0,"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/posts\/19371\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/media\/22789"}],"wp:attachment":[{"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/media?parent=19371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/categories?post=19371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/tags?post=19371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}