Mike Michelini is passionate about startups, and founded Startup Weekend
Startup Weekend Guangzhou is kicking off tonight, bringing together many of the city’s entrepreneurs for 54 hours of networking, learning, and inspiration. Michael Michelini, Nikhil Bhaskaran, and Kawai Or began organizing startup events with the first in Shenzhen last year, and are now taking their show on the road.
Michelini, who started his first e-commerce business in his New York City apartment back in 2004, took questions from The Nanfang team about Startup Weekend, the PRD, and entrepreneurship.
What is Startup Weekend?
Startupweekend is a 54 hour event where we INSPIRE entrepreneurs, starting from Friday night team-building through Sunday night where you pitch to the audience and a panel of business experts / VCs. You can bring your own idea to pitch, or join another idea/team. Startup Weekend is a platform, but does not invest in any teams - the judges or other VCs in the audience may make offers but SW itself doesn’t.
How long have you been doing them?
I attended my first in early 2011 in Hong Kong, and organized my first in Shenzhen, China in September 2011. I have now been part of 6 weekends - participating in one in Hong Kong, organizing 3 in Shenzhen, facilitator of 1 in Seattle 2 weeks ago, and now an organizer of this weekends first in Guangzhou.
What was your inspiration behind starting Startup Weekend?
I wish these existed when I started my first business in 2004! I think entrepreneurs need it, they need to experience accelerated FAILURE and face it. And after I participated in my first in Hong Kong, I was reminded how much I love being an entrepreneur. It really inspires us, and also helps build a startup community. A network of do-ers.
Startup Shenzhen has earned lots of community support
How would you characterize the startup community in the PRD?
I would have to say still very fragmented, both in the local Chinese community as well as in the expat community. There are tons of entrepreneurs and I see PRD as a melting pot of entrepreneurship, but everyone startsup ALONE in a home office after quitting their job - or flying out from their home country to make a business in the PRD.
The startups are also super paranoid and secretive, this is because there isn’t a community. We hope to use startup weekend to change that, and from the few we have already done in Shenzhen, we are noticing a much more established trust network and more openness and creativity thus coming from that.
Sure, there are many networking nights, but those are just happy hours at bars with some random name card trading. Startup Weekends are hardcore weekends where you meet DO-ers, and entrepreneurs and VCs, - as the motto goes, NO TALK, ALL ACTION.
What kind of reaction has there been to Startup Weekend?
People have loved it! Shenzhen’s last startup weekend was in Tencent HQ with over 100 participants, and seven high level judges and almost 20 mentors on site. Everyone was extremely satisfied and are so pumped to attend the next one. We have had many participate in more than one, or even two weekends!
How does the PRD’s startup community compare to those in other places?
I mean, no one can compare to San Francisco. But I cannot really answer it, as most of my entrepreneur career has been in Shenzhen (since end of 2007) - but I can say, many entrepreneurs from all over China and the world come here to setup their business….seeing China as the new “gold rush”.
You can read all about Startup Weekend Guangzhou and how to attend here.