Disrupt It 2019
- 2/5/2019 10:26:53 AM
- Bridget Postuma
The Northwestern Ontario Innovation Centre launched their first Go Global program in May 2017 and I was thrilled to be a part of this 15-month program. When I first heard about the Go Global program I was finishing my business degree at Lakehead University looking for my first full-time job. Coming straight out of University and getting thrown into the real world of sales was quite daunting but looking back at it I am so happy I had the opportunity be part of this program and the great team that runs it.
When you hear the word innovation, a lot of people immediately think of technology. That’s not always the case though, innovation can be seen across all sectors. Whether its innovating a new product, changing the way you communicate with clients, or changing the process of how you do something.
Just like that, another Disrupt It Weekend is in the books. This past weekend marked the fourth Disrupt It Weekend-style event in Thunder Bay. If you are not familiar with these events, they are weekend-long events where individuals pitch ideas, form teams, and build the foundation for a business; and finally, participants finish with a pitch of the plan to a panel of judges.
Pitch It has grown to be one of our most exciting events every year. Recently we held the third annual Pitch It competition in partnership with PIE- Partners in Innovation and Entrepreneurship, and Northern Ontario Angels. The event targets post-secondary students and recent grads to pitch their business idea to a panel of judges in hopes of winning cash to move their idea further.
As is tradition every fall, the Northwestern Ontario Innovation Centre unveiled their new infographic highlighting client success at this year’s annual general meeting. This infographic represents data from the 3-year period from 2015-2017. Collected from the annual survey completed by the Innovation Centre’s clients the data demonstrates the economic impact on our region and helps the Innovation Centre tailor services and programs to the needs of the entrepreneur.
Most entrepreneurs are interesting, dynamic and intelligent people whom I love supporting. It is not always easy to know which entrepreneurs will be successful and those who won’t. However, over my many years of interacting with entrepreneurs one key trait that spells failure is the “know it all” mindset. Starting and growing a business requires knowledge of finance, marketing, customer behaviour, operations, human resources, leadership, technical skills and that is just to name a few areas. No one person is an expert in all of these areas. It is scary to meet an entrepreneur who thinks they do not need to leverage input, advice and other people’s experience. These entrepreneurs are heading down the road to failure and make me fearful. Being the smartest person in the room is not that smart.