Actions and Detail Panel
Why Do Start-Ups Fail?
Tue. 18 October 2016, 5:15 pm – 7:30 pm ACDT
Why do start-ups fail? It is a question that has many answers steming from different causes. This week, we speak with Kirk Drage who has had extensive global experience in the area to identify some over arching trends and develop approaches to better ensure success in new businesses!
A massive thanks to the UniSA Innovation & Collaboration Centre for hosting this event and supporting local new business.
Schedule of event:
5:15pm - 5:45pm: Arrivals, networking, drinks
5:45pm - 6:30pm: Speaker Q&A & audience Q&A
- How do you define a start-up?
- You have worked with start-ups from all around the world in different capacities – give us an overview of your experiences?
- What are some universal things that you observe with start-ups?
- What are the three most common reasons that you see start-ups fail?
- What are ways new businesses can help prevent early stage failure?
- On a more positive note, what is the most wildly successful start-up you have worked with and what do you think attributed to their success?
- Audience questions
6:30pm - 7:15pm: Networking, food, drinks
7:15pm: Event concludes
Kirk, is now back ‘home’ in Adelaide, South Australia after a decade overseas, primarily in Asia. Most recently, Kirk held Product Marketing & Business Development positions, leading several Asian based start-ups, most notably 3D Video Analytics & IoT (Internet of Things) success story Vadaro. His responsibilities included building global market traction with customers and technology partners, and establishing operational headquarters in Silicon Valley, California.
Prior to joining the start-up space proper, Kirk spent over a decade at Microsoft in various Sales and Senior Marketing Roles and ultimately as Head of Entrepreneurship & Innovation for Asia. During this time Kirk was responsible for 20 Microsoft Innovation Centres (Industry, Government & Academic partnerships) across the region in both developed and developing Nations. Kirk also led Venture Capital Relations and Microsoft’s start-up program – BizSpark. Kirk’s multi country team recruited over 8000 start-ups across Asia in the first year alone, where he travelled extensively as an event speaker, coach/mentor and lecturer/judge for various incubator and accelerator programs.
Kirk’s diverse background has resulted in broad leadership experience in Sales and Marketing, Product Development, Service Delivery & Operations. He also has both successfully raised capital and invests as an Angel himself. Kirk’s broad functional & global background along with his leadership experience at various business growth stages, from earliest phase start-ups to multinational corporates has perfectly positioned him to purse his passion…accelerating the abilities of entrepreneurs and business leaders to build value and valuation in their companies – coincidently, the focus of his next venture, LeapSheep, currently in pre-launch.
Date and Time
UniSA City West Campus, Innovation & Collaboration Centre
Catherine Helen Spence Building
Adelaide, SA 5000