Adams talks about testing the viability of a new technology with potential customers. He recommends entrepreneurs conduct polls and surveys to determine whether there is demand for the technology in the market. Never commit to a large development effort without prototyping the technology first and taking it to a potential target market, he cautions.

1. The Early Career of a Serial Entrepreneur
2. The Biggest Competitors of New Ventures
3. You Must Have Vision
4. Make a Plan
5. Take Action!
6. Addicted to Taking Risks
7. Passion and Perseverance
8. Failure is Good
9. Innovation at Large Companies
10. The Current State of AuctionDrop
11. Testing the Market Viability of a New Technology
12. Work With the Right VC
13. Overcoming the Fear
14. Will Customers Change Their Habits?
15. Competing with Other Start-ups
16. Consumer Behavior Changes in Familiar Companies
17. Experience vs. Idea

Randy Adams lectures on Entrepreneurship for Stanford University students, November 3, 2004. Randy Adams conceived the idea for AuctionDrop in 2002. He took his idea to Silicon Valley veterans Bill Rollinson and Andy Jeffrey, founding the business together later that year. In this Stanford lecture, he talks about the early career of a serial entrepreneur and testing the market viability of a new technology.



Related Links: www.auctiondrop.com



Last Updated: Tue, Oct 31, 2006



Course Details:

- Entrepreneurial Thought Leader Speaker Series

- Stanford University's Entrepreneurship Corner (ecorner)



Original Course Name: Entrepreneurial Thought Leader Speaker Series.