My CleanStart Experience

My CleanStart Experience

I had the pleasure of working with a dedicated team of professionals at CleanStart who have given their time to encourage and help others build a better, greener, and more sustainable future. They help connect start-up businesses with the resources and connections they need to succeed. They also host various events around Sacramento to raise awareness about sustainability. They host Clean Tech Meet-Ups, where they created an environment for university professors, industry professionals, and entrepreneurs to come together to talk about and solve issues facing the clean technology sector. Sustainable StartUp Weekend, giving locals the opportunity to create a team around an idea, work with professionals and industry leaders to develop it, and finally pitch their ideas to a panel of judges with the winner going on to compete against other teams from around the world. Green Drinks, where people beer lovers go to participate in a trivia night based around sustainability with prizes going to the winning team.

Overall, it was a great experience where I learned about the struggles and successes of start-up companies and what it takes to be an entrepreneur. I attended many of the events hosted and learned a great deal along the way. I wish CleanStart the best and encourage you to reach out to them if you are an entrepreneur who wants to make a better, greener, and more sustainable future.

ABOUT THE AUTHOR

Christian is in his senior year at California State University, Sacramento where he is studying electrical and mechanical engineering. His love for technology, the great outdoors, personal growth and giving back have driven him to become involved in clean tech where he hopes to learn about and contribute to the local clean technology sector.

Why Do StartUps Fail?

Why Do StartUps Fail?

Analytic firm CB Insights just published its study of 101 failed startups to uncover why they didn’t make it.  It’s a revealing list. Here’s a summary of their Top Twenty Reason:

Reason

Percent

Reason

Percent

1.   No Market Need

42%

11.  Lost Focus

13%

2.   Ran Out of Cash

29%

12.  Disharmony Among Team/Investors

13%

3.   Not the Right Team

23%

13.  Pivot Went Poorly

10%

4.   Got Outcompeted

19%

14.  Lacked Passion

9%

5.   Pricing/Cost Issues

18%

15.  Failed Geographic Expansion

9%

6.   User Un-friendly Product

17%

16.  No Investor/Financing Interest

8%

7.   Product Without a Business Model

17%

17.  Legal Challenges

8%

8.   Poor Marketing

14%

18.  Didn’t Use network

8%

9.   Ignored Customers

14%

19.  Burn Out

8%

10. Product Mistimed

13%

20.  Failure to Pivot

7%

 

This is like a checklist of issues you should be sure to avoid.  It seems surprising that the top reason for failure was that there was no market need.  This really reinforces the need for startups to go out and interview customers to validate interest in their proposed product.  Apparently, doing so is not so common. 

Inability to raise money is not the problem (#16), but pricing the product unprofitably (#5) and running out of cash (#2) are bigger ones. 

There are a lot more details in the full 25-page report you can download here.  

If you want to learn quickly how to be a good startup CEO and avoid these problems, apply for our summer Crash Course to be held August 16, 23 and September 6.  You can find out more about our course here.

The course will provide you with an understanding of the key components necessary for drafting a business model. We will have concentrations in CEO fundamentals such as how to pitch an idea, the legalities of business, marketing, leadership, team building and more! By the end of the course, you will have developed concrete skills that will aid in advancing your venture.

Attendees will learn

  • essential knowledge and skills required to develop their ventures
  • individualized mentoring
  • benefit from networking opportunities to connect with other companies and domain experts
  • be provided with opportunities to publicize their companies and ideas

This kind of deal doesn’t come around often so act now! It is FREE but a limited number of seats are available!

Thomas Hall

ABOUT THE AUTHOR

Gary Simon is the Chair of CleanStarts Board. A seasoned energy executive and entrepreneur with 45 years of experience in business, government, and non-profits.

TripHammer: Energy Storage Power Plants

TripHammer: Energy Storage Power Plants

Although California has a grid rich with renewable power sources, it has a hard time handling the volatility inherent to renewables and the new demands coming from electricity users. Solar, for example produces all of its energy during the day at non-peak hours. With no effective way to store the energy generated, solar power plants are forced to curtail their output, send electricity to other states or sell at negative prices. 

his is where TripHammer, founded and directed by Peter, comes in.TripHammer has a solution for power storage by using Lithium-Ion batteries in large facilities near electric substations that will replace traditional gas burning power plants. Not only will TripHammer’s solution lower the carbon footprint with its zero emissions, it will also drastically lower the reaction time necessary to meet quick spikes in power demand. 

Peter has 8 years of experience in the solar industry and wants to be at the forefront of the energy storage revolution. At CleanStart we have seen several people identify the problems Peter is working to fix. The electric power grid is far more complicated than just plugging things in, and knowledge of how the grid works and where it is going in California informs Peter’s hunch. TripHammer’s idea of replacing older, slower, and dirtier electric generating infrastructure with sustainable technologies make sense. As Peter highlighted, aging parts of the grid are strategically sited for new infrastructure to harness the power and the financial economics of the wholesale energy market. With his expertise, Peter is building TripHammer to combat not only macro problems but also regional power issues.

ABOUT THE AUTHOR

Christian is in his senior year at California State University, Sacramento where he is studying electrical and mechanical engineering. His love for technology, the great outdoors, personal growth and giving back have driven him to become involved in clean tech where he hopes to learn about and contribute to the local clean technology sector.

We Hopped Aboard a Tuk-Tuk, Then Heard the StartUp Weekend Teams

We Hopped Aboard a Tuk-Tuk, Then Heard the StartUp Weekend Teams

On June 27, we had the last MeetUp before taking the summer break.  We will be back in September. It was a fun evening. First, Manushi Weerasinghe gave rides in her all-electric, three-wheeled tuk-tuk.   She has started a business to provide an alternative to provide short rides in the downtown area, focusing first on giving tours. Tuk-tuks are common in Southeast Asia and originally were powered with a small one-cylinder gasoline engine.  The name came from the sound of the engine. Now Manushi’s is silent. It holds six passengers. At this point she doesn’t have permission to provide a lift like a taxi, she is only licensed as a tour operator, but she is working on it. The tours sounded great—the Lady Bird tour (about the making of the movie), and the Wide Open Walls tour of the murals, for example.  She would like to have a fleet of five electric tuk-tuks roaming the area, and is crowdfunding to get support. She has raised 30% of her $15,000 goal. You can check her out at https://www.capitaltuktuk.com/.  Manushi is both an Aggie (BA in Psychology from UCD) and a Hornet (Masters in MFT Counseling from Sac State). 

After zipping around the block in the tuk-tuk, people came back to hear pitches from 4 of the teams from the Sustainability StartUp weekend that ended on June 23.  Even in 4 days the pitches continued to involve. The team from Energy Park in fact had gotten a meeting in the Mayor’s Office and were encouraged to put some more details together for an actual renewable energy installation in a planned park in Aggie Square.  They want to put up solar PVs that look like trees with big leaves as well as exercise gear that can harvest power from cycling, jumping, and play. Then WeVo talked about eliminating a lot of paperwork with their platform to collect community input on development projects with their voting app.  Zinder next described their app to connect isolated seniors with more community activities, getting them healthier. Finally eeBox described a product to replace a lot of the one-use cardboard boxes now so ubiquitous with deliveries from Amazon and others, with a more durable reusable box that could be collected by the same delivery vans.  Amazing creativity from 54-hours of work.

If you have started a business or are thinking of it, please take a look at signing up for our CEO Crash Course Aug. 16, 23, and Sept. 6.  It is free and a great way to get on the right track. Apply here!

Look for our announcement of the next MeetUp.  It is scheduled for September 26th. We hope to see you there.

Thomas Hall

ABOUT THE AUTHOR

Gary Simon is the Chair of CleanStarts Board. A seasoned energy executive and entrepreneur with 45 years of experience in business, government, and non-profits.