DARPA, the Defense Advanced Research Projects Agency, likes big challenges. They don’t want to touch projects that are merely hard, or just really difficult. They only want to take on those that are so hard, so seemingly impossible, that no one else could solve them, no one else would ever invest in them. Challenges that big are called “DARPA hard.”
Bill Reichert, from Garage Technologies Ventures, told that story at the National Association of Seed and Venture Funds Conference in Oklahoma City.
Look for your own “DARPA hard.” Find the problems that are so hard, or so specialized, that you are the only one who can solve them.
Image source: DARPA.
New to SmallBizSurvival.com? Take the Guided Tour. Like what you see? Get our updates.
- How has 2020 changed the challenges rural small towns face? Tell us here - October 20, 2020
- The Idea Friendly Method to surviving a business crisis - October 6, 2020
- Join me for the Rural Renewal Symposium online Oct 13 - September 26, 2020
- Cheap placemaking idea: instant murals - September 11, 2020
- Refilling the rural business pipeline - July 7, 2020
- Huge vacant buildings: grants to renovate? - June 9, 2020
- Economic self defense for small towns - June 7, 2020
- The best things you can do for local businesses in light of coronavirus - March 27, 2020
- How to get more parking downtown without adding any spaces - March 7, 2020
- Exact Yeti Blue mic volume and Windows settings to reduce background noise - February 17, 2020
Hmmm, “DARPA Hard”? I need to give that some thought.
You can call it “Glenda Hard.” What are the challenges that are so hard, that you are the only one who will take them on? And we know you like to take on challenges!