{"id":45841,"date":"2023-10-20T15:46:43","date_gmt":"2023-10-20T15:46:43","guid":{"rendered":"http:\/\/startupsmart.test\/2023\/10\/20\/four-key-lessons-for-startups-from-innovation-leaders-slack-stripe-and-leap-motion-startupsmart\/"},"modified":"2023-10-20T15:46:43","modified_gmt":"2023-10-20T15:46:43","slug":"four-key-lessons-for-startups-from-innovation-leaders-slack-stripe-and-leap-motion-startupsmart","status":"publish","type":"post","link":"https:\/\/www.startupsmart.com.au\/uncategorized\/four-key-lessons-for-startups-from-innovation-leaders-slack-stripe-and-leap-motion-startupsmart\/","title":{"rendered":"Four key lessons for startups from innovation leaders Slack, Stripe and Leap Motion – StartupSmart"},"content":{"rendered":"
\"Leap<\/div>\n

Tech giants like Stripe, Slack and Leap motion are changing the world as we know it, all from the centre of the startup capital of the world Silicon Valley.<\/p>\n

During an innovation tour in San Francisco, leadership teams from the tech powerhouses shared insights into what life is like on the bleeding edge of technology.<\/p>\n

Here are four key insights from innovators in this space.<\/p>\n

1. Commercialise a solution that has helped you<\/h3>\n

After a few false starts in game development, Slack co-founder Cal Henderson says the company they have today with over 600 employees from around the world came by building a solution that helped its own teams\u2019 work lives simpler, more collaborative and productive.<\/p>\n

Through a series of glitches, teams relied on what is known as Slack today to communicate, manage projects and celebrate wins with each other.<\/p>\n

Today, more than 3 million people use the system everyday, Slack executive assistant Kelly Pearce said, with customers spread across the world.<\/p>\n

\u201cThe average Slack user is logged on 10 hours a day,\u201d she said.<\/p>\n

2. Understand the pain points<\/h3>\n

Pearce says the reason Slack has become so popular is that they are building solutions to enable people to do their jobs better.<\/p>\n

\u201cWork is often complicated and chaotic,\u201d she says.<\/p>\n

Referring to research from the McKinsey Global Institute, Pearce says nearly 50% of time at work is not spent on tasks people are paid to do.<\/p>\n

Pearce says on average, a company will use more than 900 applications, so Slack has made it a mission to resolve the pain and \u201cfriction\u201d in their customers\u2019 working lives.<\/p>\n

\u201cA lot of what we\u2019re trying to do is optimise the way people work,\u201d she says.<\/p>\n

\u201cRemoving that friction enables people to be more productive. Quality and craftsmanship are two of our biggest values.\u201d<\/p>\n

3. Aim for a global impact<\/h3>\n

Stripe co-founder John Collison says operating a venture on just quarterly metrics will never lead to a global company.<\/p>\n

\u201cThe secret of Stripe\u2019s product is one, this focus on global expansion, letting Stripe businesses exist in more places,\u201d he says.<\/p>\n

Driven by a keen interest in enabling entrepreneurs worldwide, Collison says the second part of their secret is a focus on \u201chigher value tools\u201d that solve more problems.<\/p>\n

In line with this, Stripe chief business officer Billy Alvarado says the burgeoning access to mobile devices is leading to a new era.<\/p>\n

\u201cIn 2020, 5 billion people will have phones on their hands, which opens up the possibility for disruption and innovation,\u201d Alvarado says.<\/p>\n

4. Think far and wide<\/h3>\n

Leap Motion hit a major milestone this year with the launch of its VR software Orion.<\/p>\n

With apps like Blocks, the company is breaking new ground with just how far hand-tracking tech can go in the domain of VR.<\/p>\n

The ability to create, move and shift virtual objects is a powerful tech advancement that will see Leap Motion used in a wide range of industries, from education through to science, says its chief of staff Caleb Kruse.<\/p>\n

\u201cImagine if I could hold the galaxy in my hand and get an idea of how it works,\u201d Kuse says.<\/p>\n

StartupSmart is attending Dreamforce in San Francisco as a guest of Salesforce.<\/em><\/p>\n

Follow StartupSmart on<\/em> Facebook,<\/em> Twitter, LinkedIn.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Tech giants like Stripe, Slack and Leap motion are changing the world as we know it, all from the centre<\/p>\n","protected":false},"author":1,"featured_media":63127,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,3,4,23,18,1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/45841"}],"collection":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/comments?post=45841"}],"version-history":[{"count":0,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/45841\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media\/63127"}],"wp:attachment":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media?parent=45841"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/categories?post=45841"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/tags?post=45841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}