Ep. 279 - Ben McDougal, Author of You Don't Need This Book on Startups, 1 Million Cups & Techstars

Inside Outside Innovation

On this week's episode of Inside Outside Innovation, we sit down with Ben McDougal, Author of You Don't Need This Book: Entrepreneurship in the Connected Era. Ben and I talk about his portfolio-based career in entrepreneurship from founder to 1 Million Cups organizer, to his current role as entrepreneur In residence and ecosystem developer with Techstars Iowa. Let's get started.

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Interview Transcript with Ben McDougal, Author of You Don't Need This Book

Brian Ardinger: Welcome to another episode of Inside Outside Innovation. I'm your host, Brian Ardinger. And as always, we have another amazing guest. Today we have Ben McDougal. He is author of the new book, You Don't Need This Book: Entrepreneurship and the Connected Era. Welcome to the show. Ben.

Ben McDougal: Thanks, Brian. It's great to catch up with a friend and looking forward to connecting with your audience.

Brian Ardinger: Absolutely. You and I have known each other for a number of years in the startup ecosystem building world. You hang out in Iowa. And I hang out here in Nebraska. It's been fun to see your journey. You joined Techstars Iowa as kind of a hybrid role as an entrepreneur residence and ecosystem development person. So how did you get involved in startup ecosystem development?

Ben McDougal: Thanks, Brian. Yeah, I've always been an entrepreneur. I came out of school, admittedly, thinking that we got expensive pieces of paper to go build someone else's dream. But startup, wasn't a word back in 2004. I got a computer science degree wanting to develop video games.

And so looked at that industry. Which led me to web development. When I look back at it, it was pretty entrepreneurial. I mean, talking with endless different industries on how to build their business online. And so, while I was in somewhat of a traditional kind of business development role. I don't know what spawned the entrepreneurial spirit besides just recognizing an opportunity.

So, I created a 3v3 soccer tournament. I had played soccer. I was in a web development shop and could make a nice live event come to life. Ended up having two years of that before selling it to a local soccer club, as we had launched a social network for gamers. It was interesting looking back using entrepreneurship to wedge myself into an industry I was always passionate about. But there's a whole community side that was emerging.

And so built Jet Set Studio. It's still a small sliver of my career portfolio. Doing video game events around North America and building community in person and online. That was some of the early interactions of community building. I would stay in web development for eight years and retire out of that and go into another kind of traditional role inside the home building industry. Never really touched a hammer and kind of avoid manual labor, genuine.

In that home building world, we found a disconnect between Home Builders and Realtors. So, we built an open house scheduler, knowing that it's not hard, but it's recurring when they're connecting that open house schedule. So that's Open Open. Alongside of that, that intrapreneurial spirit was fed with that parallel entrepreneurial spirit ended up building Flight Bright in the craft beer industry, which was an electronic beer flight paddle.

It translated and continues to be that type of electronic serving system. But we added a beer festival app. And so that's Flight Bright and that story continues to be written. And you think about this diversified career portfolio that has a mixture of entrepreneurial and intrapreneurial activities. And the glue that brings it all together, along with myself is the community. Leaning into community and recognizing the energy of accelerating others.

And so that's where you see my work in 1 Million Cups long ago. Like I was a part of a 1 Million Cups every Wednesday as an entrepreneur. But when the opportunity to lead emerged, I rose my hand. Got involved. That led to the chance of being a regional rep. So, we built this role to help support all of the different organizing teams across the United States.

And so, I've been the Midwest regional rep now for the last four years. And that has been remarkable. Supporting and connecting 45 different 1 MC communities across 12 states, has created an awareness when it comes to entrepreneurial ecosystem building, at a rural, medium, and large size environment.

Brian Ardinger: Absolutely. 1 Million Cups. I've mentioned this on the program, a number of different times, and I know a lot of people in the entrepreneurial startup side have maybe heard of 1 Million Cups. But on our corporate innovator side, it's, it's one of those programs that I think that more corporate innovators should become involved and that.

Maybe give a little bit of background about 1 Million Cups and why that's so important, not only for the entrepreneurs in your community, but the companies and the other organizations.

Ben McDougal: I think intrapreneurship at existing companies, small, medium, and large is a critical component to any entrepreneurial ecosystem. Having employees that are the champions of change for their existing company, plugging into community activities, helps them stay in front of the innovation curve. Fuels like their innovative energy. And creates opportunities to collaborate with entrepreneurs that in a way that helps their companies.

And so, whether it's the energy. Kind of the network and human capital that can come from this type of active. All the way over to the financial capital and opportunities for those companies to benefit from their interactions with startups is real. One quick tactic, Brian, that catches my attention is larger companies treating activity within a startup community as volunteer hours.

So, removing the barrier of PTO for someone who wants to go to 1 Million Cups on a Wednesday morning. Or to that startup event. Instead of restricting that type of activity by saying they need to take time off. It's celebrating that activity, knowing that while it's a little less time outside of the office, the energy, the activity, the connections, the progress that has made through that activity, benefits the company, perhaps even more. There's some value when you think about giving intrapreneurs, the freedom to explore their curiosity.

Brian Ardinger: Absolutely. And that's one of the things that we talk about a lot is not only entrepreneurs have to get out of the building, but intrapreneurs as well. And you can't build anything without actually getting out there and trying things and testing things and being a part of the communities.

We talk about this concept of a portfolio career and more and more folks I believe are going to have to be transitioning to this concept of, you know, you don't do just one job for 20 years of your life. It's a series of different side hustles and projects and people you work with and that. As an early adopter to this portfolio career type of lifestyle, what are some hints or suggestions you could make...