Wanted: Co-founder

Want to have the opportunity to positively impact the lives of millions of people worldwide and help them increase their quality of life? Then maybe you should consider joining our new ambitious MedTech startup as a technical co-founder with an emphasis on software development. We’re targeting a really big problem using innovative patent protected technologies,…

Solving pay-day-loans?

Pay day loans are one of the greatest scurges of modern day finance; overcharging poor people for access to quick and often necessary capital to get by from day-to-day. But is earnings-on-demand – live access to your pay irrespective of the monthly pay day at the end of the month – really the answer? While…

A roadmap of experiments

Currently, one of the things I am trying to do on our new MedTech venture is to build a roadmap of experiments to run before we get to the MVP itself. Why am I doing that, you may want to ask? Because I think it is super important to do whatever it takes to make…

The negative value proposition

Is creating value as a startup with something new always inherently positive for everybody concerned? Maybe not. What if part of the value creation you offer is to help take away the uncomfortable pain of someone having to confront someone else with a problem, the first one really just want to be rid off? Is…

Coop goes startup?

It is not every day that you have a startup employing 110 employees 2 months after incorporation. Nonetheless, that’s the case of Danish startup Lobyco. As often before the devil is in the detail, and calling Lobyco a startup per se might be a little far-fetched, as it’s a fully owned subsidiary of Danish retail…

Go challenge success

Often when we think about which new projects to pursue, we have a tendency to stay away from the ones, where there are already some really dominant players. Because we have a feeling that we will ultimately come up short. But is that always the case? What happens when someone you know from a successful…

Idea or execution?

Rocket Internet, the famous German copycats of popular digital services, is delisting from the Frankfurt Stock Exchange. This has prompted some to claim that their time is up, and that their model of copying others successful ideas was never a viable one to begin with. But that’s totally not true. Zalando alone is amble proof….

Corona thoughts, part 9

So, we’re back in Covid-19 territory. The numbers are going up in the greater Copenhagen area and as such many have been requested to go back to working from home, not meeting physically etc. It was a pain the last time. And it’s a pain again. But for me a different kind of pain. First…

Remember the important ones

Today is the 8 year birthday of my oldest daughter, Laura. Aside from celebrating her it is a good occasion for me as her dad to remember something that I think is absolutely vital: No matter how much and how hard you work on building and succeeding with your startup, and no matter how things…

The ‘why’ on paper

One of the really interesting things you come across when you’re trying to build what hopefully becomes a great and enduring company from scratch is how much of your initial belief system, values and ambition actually makes it through the immense exercise of making it all happen? While it should be pretty straight forward to…

Igniting change

When you try to affect change and solve a problem in a new way, you need them to be ready to give up how they have done things in the past. Or get them interested in forming a new habit. For some things it’s easier than with others. If you’re just presenting a more efficient…

Startup learning from ‘P.S. I Love You’

The Danish Heart Foundation just announced that they are closing down their youth-oriented dialogue website ‘P.S. I Love You’ a mere 3 months after launching it in May. ‘P.S. I Love You’ have been surrounded by a lot of controversy focusing on working with alternative, holistic thinking partners at odds with the foundations of the…

A necessary read

While working to create a MedTech startup either from scratch or later trying to get the product to market, John Carreyrou’s book “Bad Blood: Secrets and Lies in a Silicon Valley Startup” about the Theranos scandal should be absolutely required reading. The story about Theranos is well documentet by now: Only the lies were bigger…

Always create value

One of the hardest things when building new products and services is to deliver real value to your customers. I know, it sounds stupid. But it’s true. And there are two reasons for it: First of all, you’re not the judge of what brings value to your customers. They are. That’s a frightening prospect, because…

Falling in love

One of the things I have learned when working to build a startup team is that if you run a recruitment process trying to find the right co-founders, there is a huge risk you will eventually get to talk to people basically looking for a job. Like in a normal recruitment process? Duuh! Saying this…

A healthy reminder

The storm hitting The Danish Heart Foundation after their new youth campaign ‘PS I Love You’ was criticized for endorsing – to put it mildly – un-scientific approaches towards a healthier life style for young people holds a crucial reminder for every entrepreneur operating in or trying to do something in the health-space: Dealing with…

TikTok and a lot of…nothing

What does a Trump rally, TikTok users and startup tactics have in common? They are here and now – and there’s not necessarily a grand plan for how to move on from here. When I saw that apparently a viral TikTok prank of securing tickets for Trumps rally in Tulsa and then (of course) not…

Come on, lean in!

Yesterday I went for a summer get-together in my VL network group. Over a super nice summer meal, the discussion was flowing and we got talking about some of the things that you don’t normally find yourself talking about. One of the discussions I was a part of was a discussion about what defines the…

Ego eats impact

You either love life or you are afraid to die. That’s how a Danish politician tried to frame the peoples response to Covid-19 on Twitter yesterday. Naturally, it is both a false, primitive and superficial way of putting it. I could just as well say that there are those that are full of themselves and…

Hello launch pad!

Yesterday was a super important day for our inQvation Studio-team; it was the day where we got the final formal board approval for our first spinoff. While it has been in the works for a while (and we have been recruiting for the team for some weeks now) there is always something special about getting…

I am looking for YOU!

Do you have experience in Product Management and – preferably – in MedTech? Then maybe you’re the one I am looking for to join our new MedTech X-startup at inQvation Studio? I am extremely passionate and excited about this project. I have been working on it from different angles for months, and it is a…

Work-in-progress

Yesterday at inQvation we were honoured to get a visit from the brand new Incubation Studio team from LEGO Ventures. They are just setting out with some really cool people onboard, and they had asked if they could come and learn from our experiences, and of course they could. We are always willing to share…

Problems persist

If you are trying to solve a problem that your customers emphatize with but are NOT actively looking to solve right now, does that indicate that maybe the problem is not that big after all? Conventional wisdom will say that it is definitaly a possibility. But take a step back and consider another thing: When…

Remember the vision

Eventhough I am a big proponent of starting small and experimenting your way forward when building a startup or a new product or service for that matter, there is one thing that always needs to be in place: A vision. It is so easy to get an idea and just start executing small scale. It…

Starting small

Even the best and brightest ideas should start small on the implementation side. Just out of respect for the fact that you could have it terribly wrong. Especially if your opportunity is huge, you need to be mindful that you don’t run the risk of creating a big mess by overreaching from the ‘go’. Naturally,…

3 big goals for 2020

Hello 2020! It’s a new year and with that comes fresh opportunity including the opportunity to set really ambitious goals for the coming 12 monts. So naturally, I have done that on behalf of my work as Head of Studio at inQvation. In 2020 I want us to co-found at least one startup taking on…

Ready to iQnite

Yesterday we closed the submissions for our “iQnite Case Competition on Climate Change” with close to 60 dedicated and passionate challengers signed up for the task of trying to create new innovative solutions to tackle climate change. I am blown away by the richness of ideas and the profiles of the people participating. It took…

Rewind to the pain

The other day I met with a startup in need of some advice. They have been working on their offering for a couple of years, and they felt stuck in terms of getting it to market and choosing the right approach. They showed me their product, and it prompted a conversation about who they have…

What is a great tool?

One of the keys to efficiency is to have a great box of tools fit for the task(s) at hand. For the same reason we’re constantly working to put the best toolbox at InQvation Studio together. We already have some sharp tools in the box – Trello for overview, Mural for ideation, Lean Stack for…

Show it, don’t tell it

During the years I have met many people who have been incredibly frustrated trying to make good use of Business Model Canvas. They often follow a traditional hype cycle, where they start up enthusiastically and full of energy and purpose only to burn out after a week or two with little progress. While it is…