All posts tagged: new venture

Launching a new ensemble, organization, or business? Read this, Part IV.

This is step 4 of a series of posts designed to help you launch a new ensemble, organization, or business. Before you read this post, make sure you start with this post, followed by this post, and this post. Here are some steps to help you research and identify the resources necessary to launch your idea. One of the most important aspects of launching a new venture is to think deeply about the resources you will need to launch your idea. There are three recommended steps to this part of the process: Research—Seek out online resources, books, and interviews with successful individuals who have experience doing similar work to the new venture you’d like to launch. Tip: When conducting research, focus on the over arching conceptual of what is being said instead of specific venture being covered; you will discover that knowledge, in any form, can be applicable if applied correctly—even from a seemingly unrelated subject matter. Recommended Resources: Pat Flynn The Lean Startup: How Today’s Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses Business Model …

Launching a new ensemble, organization, or business? Read this, Part III. Developing your Concept.

For the past few days, I’ve written a step by step process for how I would go about launching a new ensemble, organization, or business. Today, I’m going to give you some thoughts on how to develop that great idea you came up with during the first two posts. Continue divergent thinking and brainstorming. Now that you have gathered a few good ideas to pursue, brainstorm ways you can develop a solution to your idea or the beginnings of a vision for your ensemble. Continue to think broadly, but begin to strategize how you can create tangible, achievable goals to meet the need or demand you are addressing.  Tip: Think of specific benchmarks over the next year to help you develop and achieve your idea. Think about 3 month, six month and twelve month goals.  Now that you have a few ideas in which to pursue, it’s time to see how your network responds to the concept.  Tip: Do not be afraid of someone else stealing your idea. The information you get from asking what your network thinks …

Launching a new ensemble, organization, or business? Read this, Part I. Start with You

One of the most common questions I get as I mentor artists is how to successfully launch a new ensemble, socially relevant organization, or business. Today, I’m launching a series of “how to” posts designed to help you create and develop your great ideas. These posts will give you the tools to bring your great ideas to life and provide a systematic approach to developing creative solutions to the problems we face in our 21st-century world. Rules: Don’t pay to learn about entrepreneurship.  Learn by doing. In the world of new venture creation, flexibility and context reign supreme. Work with people outside your discipline. Don’t be afraid to fail. Goals: These posts will help you: Develop ideas that use community-based partnerships and principles of social entrepreneurship to change the direction of the business and arts fields. Create sustainable programs that last long after you implement your ideas. Begin at a grassroots level, then work to reach a broad audience. Be socially empathetic and concerned about how you can make a positive difference in the world. Create …

Hack Music LA, The LA Phil, and Finding Relevance

Over the weekend, I had the pleasure of mentoring students and serving as a fist round judge for Hack Music LA, a Los Angeles Philharmonic sponsored event that brought students from a multitude of backgrounds together for 48 hours of work to compete for prizes through a new venture competition. The weekend was filled with talks, workshops, mentorship and ultimately, a chance to pitch an idea to a panel of judges. Students self-selected into inter-disciplinary teams, based on their particular interest. From there, they were given time to quickly develop their ideas. It was incredible to see the diversity of thought that came when musicians, entrepreneurs, gamers and coders mixed together to work on a common goal. Lead by Kathleen Stetson, a graduate of the New England Conservatory and MIT, and Shana Mathur, Chief Marketing Officer at Los Angeles Philharmonic, the event was another effort in a long line of amazing initiatives pushed forward by the Phil in order to allow them to continue to be at the forefront of influence, innovation and relevance. In a field …