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Portfolio entrepreneurship, AI research, and brain development with Brian Ardinger and Robyn Bolton

Portfolio entrepreneurship, AI research, and brain development with Brian Ardinger and Robyn Bolton

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On this week's episode of Inside Outside Innovation, we talk about portfolio entrepreneurship, how AI tools are transforming market research and new brain research that indicates adulthood starts later than you think. Let's get started.Inside Outside Innovation is the podcast to help innovation leaders navigate what's next. Each week, we'll give you a front row seat into what it takes to grow and thrive in a world of hyper uncertainty and accelerating change. Join me, Brian Ardinger, and Miles Zero's Robyn Bolton. As we discuss the latest tools, tactics, and trends for creating innovations with impact. Let's get started.Podcast Transcript with Brian Ardinger and Robyn BoltonAI Driven Innovation Trends and Founder Mindset Shifts[00:00:30] Brian Ardinger: Welcome to another episode of Inside Outside Innovation. I'm your host, Brian Ardinger, and with me, I have Robyn Bolton from Mile Zero. Welcome, Robyn.[00:00:34] Robyn Bolton: Thank you. Great to be here.Great to have you, again. This is episode 3 43 ish. We're excited to continue to talk about innovation. There's always something new and exciting to talk about.[00:00:45] Brian Ardinger: Anything going on in your world this week?[00:01:04] Robyn Bolton: I feel like this week I'm going to be spending at grading finals papers wrapped up my corporate innovation course at Boston College, and everyone submitted their finals and that's all great and they're done. And I'm now just looking at a stack of virtual digital stack of papers.[00:01:21] Brian Ardinger: At Nelnet this week we've got our Spark, which is our monthly gathering of folks. We find some interesting project and give them opportunities to sit on stage and talk about what some of the new things that are building out there. That's an opportunity to get our movers and shakers in the same room and share what's going across the different business units. So we're always excited for our Spark this week. Those are some of the things that are happening in my world. [00:01:44] Robyn Bolton: I'll happily come out and go to your Spark event, and you can grade papers. [00:01:46] Brian Ardinger: You're welcome anytime. We've got a lot of things to cover today. We've got three articles that we've curated over the last week or so. The first one we want to talk about is everyone's a founder now and it's from every, and it's a YouTube channel, and it's an interview with Henrik WerdelinPortfolio Entrepreneurship and AI Agents Reshaping StartupsAnd Henrik is a person who started Pre-Hype, started BarkBox, and he has got a new company called Audos. It's a platform that helps people use AI agents to turn ideas into profitable companies. This particular YouTube video in this interview was talking a lot about some of these new tools and how it's really changing the landscape of startups and can apply to corporate innovation as well. With these new tools, Henrick was talking about this idea of portfolio entrepreneurship, so the idea of a new breed of entrepreneurship that's shepherded in by AI.Where founders build family of products or services around the same customer instead of like one moonshot idea. So rather than coming up with Facebook and building that out, there's an opportunity now for entrepreneurs to create maybe more single, double, triple types of companies around a core set of customers that they know and can work with.And it's a variety of different projects and services that can serve that particular marketplace versus the traditional model of venture capital that we've seen out there kind of shooting for the moon. [00:03:02] Robyn Bolton: It's a really interesting video and I encourage people to go watch it. They talk about a lot in this video and you know, some of the ones that I wanna highlight, and you've already touched on this is one, what he's building with Audos. Going back to our last episode where we talked about the Mad Lib. I actually went over to Audos and you can fill in a Mad Lib for your business idea and I think in 10 minutes it built a fully functioning website, videos, everything. It was amazing. I have no idea how to edit any of it or do anything but like just the speed at which you could take a mad lib and create something that looked like a viable business was astounding.Deep Customer Focus and the Rise of Multi Product FoundersHe also talked about, as you mentioned, the importance of picking a target customer and one that you want to serve for 10 years. And he talked about with BarkBox, it was all about serving the dog owner, and most people would talk about, oh, well, you did BarkBox. Now do Meow Box, now do whatever box. And he's like, that wasn't going to work. They went from BarkBox to basically like airplanes for dogs to other things. And it was always the people who are gonna win in this new kind of world are the ones who go really deep on a very specific customer.Then kind of where this all started of the portfolio entrepreneur. He did a great job calling out VCs. Mm-hmm...
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