2019-2020 Events & Things
A few 2019-2020 Events....
- Our Annual CEO Dinner in January
- Our 2020 Dinner is in March.
-Jack received the ACG Boston Lifetime Achievement Award in April, 2019
-With George Simmons, conducted a two day "Entrepreneur's Boot Camp" in May and a "Sales Management Boot Camp" in April and September. The first 2020 Sales Management Boot Camp will be in April.
-In 2019, we completed 26 strategic planning meetings, 39 in 2018 and17 in 2017.
-In 2019, we worked on 51 sales and marketing projects, and 45 in 2018
What else has Jack been up to...
- -Director of the Tufts Entrepreneurship Center
-Cummings Professor of Entrepreneurship
At the end of 2019, Jack stepped down as Director of the Center in order to spend more time with Derby Management. He will continue to teach courses in Marketing at Tufts and Business Planning at MIT.
- Editing our publications:
Over the holiday break, we heavily edited our three publications on "Writing the Winning Business Plan", the "Winning Sales Plan" and the "Winning Marketing Plan", You can download these elsewhere on this site. For the 15th year, "Writing the Winning Business Plan" will be used at MIT in its Management in Engineering course, and for the fifth year at Singapore University of Technology & Design.
Mass High Tech-Jack's Advice to Entrepreneurs
A 20-something launching a new tech company may bring great ideas, energy and dedication to their startup. However, they can always benefit from the experiences of those who have gone before them. So, Mass High Tech invited a handful of experienced members of the New England innovation community to share their own bits of advice to young entrepreneurs.
To set the stage, each person was told, “Imagine that you are talking to a 22-year-old new college grad who has a social media or software startup still in the ‘Mom’s Basement mode.’” They then answered two questions.
Question No. 1: What do they need to know about building and running the company that isn’t taught in school?
Jack Derby, President of Derby Management, co-founder and General Partner of Converge Venture Partners, a Mass High Tech All-Star, and past chairman of Common Angels, the MIT Enterprise Forum and the Association of Corporate Growth. A Professor of the Practice at Tufts of Marketing, and of "The Art & Science of Sales". Director of the Tufts Entrepreneurship Center and the Cummings Family Professor of Entrepreneurship at Tufts. MIT Lecturer in Management in Engineering in Marketing and in Business Planning
“In my years of coaching, running and venture investing in technology companies, I have never had a company fail because the technology did not work. Sure, there were twists and turns, but ultimately it got worked out. Having said that, I have seen plenty of companies fail, and they primarily failed due to weak management, and specifically CEOs who did not hire people better than themselves in their own respective specialties.
Lesson #. 1: strong, flexible, passionate and highly skilled management counts more than anything else. Sure, people mouth these words, but they don’t often teach the tactics of what this actually means.”.
Lesson #2: Success in any business is about success in Sales!
Question No. 2: Why should they feel confident in today’s business environment?
“Three things: One, there’s (a lot) more equity money available and being invested than last year. Two, the market for social media and capital efficient software is excitingly buzzy, and there’s significant talent available. Three, the support mechanisms in Greater Boston for startups are at a more robust level than I’ve seen in 30 years, so there’s no excuse for not getting experienced assistance.”