Thursday, 31 May 2012

The forewarned flood will come - but it will not be water....

We will be drowning in DATA...

The growing world population combined with an increasing number of smart devices, faster broadband speeds, more Internet videos and growth in WiFi connections will see global Internet traffic surge, Cisco predicts. And rightly so...

By 2016, global IP traffic will hit 1.3 zettabytes a year, nearly four times its 2011 level. Which is more than an early prediction i.e. only of a couple of months ago.

One zettabyte equals 1 billion terabytes. As of 2009, the entire Internet contained about half a zettabyte, or 500 exabytes, of information.

Consumer videos will be the major driver of growth, Cisco predicted.

By 2016, 56 exabytes of Internet traffic a month will go over WiFi, Cisco projected. That's over half the world's total Internet traffic.

Cisco's predictions might be conservative. "Every time we make these projections, the entire industry has been wrong," Jim McGregor, president of Tirias Research, told TechNewsWorld. "The applications and the market are still growing much faster than anyone could have imagined." Which is why when we chatted to Dave the Futurist last year - the numbers were different (a lot less - and still scary!)

By 2016, Cisco forecasts that there will be nearly 19 billion connections, as the proliferation of mobile devices and machine-to-machine links drives up demand for connectivity. That's about 2.5 connections for every person on the planet, almost double the 2011 total of 10.3 billion connections. This IS the internet of everything folks - this is BIG DATA.

There will be 3.4 billion Internet users by 2016, Cisco expects. That's about 45 percent of the global population projected by United Nations estimates.

Fixed broadband speeds will almost quadruple, from 9 Mbps in 2011 to 34 Mbps in 2016, Cisco predicts. About 1.2 million minutes' worth of video will shunt across the Internet every second. There will be about 1.5 billion Internet video users by 2016, nearly twice the 792 million racked up in 2011.

Global P2P traffic in 2016 will account for 54 percent of global consumer Internet file-sharing traffic. That's almost 30 percent lower than the 77 percent of global sharing traffic P2P accounted for in 2011. However, the actual amount of P2P traffic will increase from 4.6 exabytes a month in 2011 to 10 exabytes a month by 2016.

"Let's hope that the network continues to grow robustly," Tirias' McGregor said. "We really don't know the potential impact of external factors such as a period of high solar activity. Nature and other external factors have a funny way of causing havoc when you least expect it."

So solar flares - predicted for the end of this year - a transit of venus - a flood of data - it could be more than interesting come the end of the year... and epoch.

Friday, 25 May 2012

It's never what you are - but what you do. Wise words...

No they don't come from the Dark Knight. They come from someone of a very different ilk - a lady called Heidi Grant Halvorson - who is a motivational psychologist and writes some lovely stuff.

So I simple copy and pasted what I loved about her article which is here.

As it turns out that even brilliant, highly accomplished people are pretty lousy when it comes to understanding why they succeed or fail. The intuitive answer — that you are born predisposed to certain talents and lacking in others — is really just one small piece of the puzzle. In fact, decades of research on achievement suggests that successful people reach their goals not simply because of who they are, but more often because of what they do.

1. Get specific. When you set yourself a goal, try to be as specific as possible. "Lose 5 pounds" is a better goal than "lose some weight," because it gives you a clear idea of what success looks like. Knowing exactly what you want to achieve keeps you motivated until you get there. Also, think about the specific actions that need to be taken to reach your goal. Just promising you'll "eat less" or "sleep more" is too vague — be clear and precise. "I'll be in bed by 10pm on weeknights" leaves no room for doubt about what you need to do, and whether or not you've actually done it.

2. Seize the moment
to act on your goals. Given how busy most of us are, and how many goals we are juggling at once, it's not surprising that we routinely miss opportunities to act on a goal because we simply fail to notice them. Did you really have no time to work out today? No chance at any point to return that phone call? Achieving your goal means grabbing hold of these opportunities before they slip through your fingers. Which means I WILL be going down to London this weekend - as just invited by the government.

However, Heidi takes this idea a stage further than just turning up - To seize the moment, decide when and where you will take each action you want to take, in advance. Again, be as specific as possible (e.g., "If it's Monday, Wednesday, or Friday, I'll work out for 30 minutes before work.") Studies show that this kind of planning will help your brain to detect and seize the opportunity when it arises, increasing your chances of success by roughly 300%.

3. Know exactly how far you have left to go. Achieving any goal also requires honest and regular monitoring of your progress — if not by others, then by you yourself. If you don't know how well you are doing, you can't adjust your behavior or your strategies accordingly. Check your progress frequently — weekly, or even daily, depending on the goal.

4. Be a realistic optimist. When you are setting a goal, by all means engage in lots of positive thinking about how likely you are to achieve it. Believing in your ability to succeed is enormously helpful for creating and sustaining your motivation. But whatever you do, don't underestimate how difficult it will be to reach your goal. Which is something I always do.

Most goals worth achieving require time, planning, effort, and persistence. Studies show that thinking things will come to you easily and effortlessly leaves you ill-prepared for the journey ahead, and significantly increases the odds of failure.

Another thing which does the same - is telling people your goals! Which is something I didn't believe until I watched a lovely three minute presentation in TED - After hitting on a brilliant new life plan, our first instinct is to tell someone, but Derek Sivers says it's better to keep goals secret. He presents research stretching as far back as the 1920s to show why people who talk about their ambitions may be less likely to achieve them.

5. Focus on getting better, rather than being good. Believing you have the ability to reach your goals is important, but so is believing you can get the ability. Many of us believe that our intelligence, our personality, and our physical aptitudes are fixed — that no matter what we do, we won't improve. As a result, we focus on goals that are all about proving ourselves, rather than developing and acquiring new skills.

Fortunately, decades of research suggest that the belief in fixed ability is completely wrong — abilities of all kinds are profoundly malleable. Embracing the fact that you can change will allow you to make better choices, and reach your fullest potential. People whose goals are about getting better, rather than being good, take difficulty in stride, and appreciate the journey as much as the destination.

6. Have grit. Grit is a willingness to commit to long-term goals, and to persist in the face of difficulty. Studies show that gritty people obtain more education in their lifetime, and earn higher college GPAs. Grit predicts which cadets will stick out their first grueling year at West Point. In fact, grit even predicts which round contestants will make it to at the Scripps National Spelling Bee.

The good news is, if you aren't particularly gritty now, there is something you can do about it. People who lack grit more often than not believe that they just don't have the innate abilities successful people have. If that describes your own thinking .... well, there's no way to put this nicely: you are wrong. As I mentioned earlier, effort, planning, persistence, and good strategies are what it really takes to succeed. Embracing this knowledge will not only help you see yourself and your goals more accurately, but also do wonders for your grit.

7. Build your willpower muscle. Your self-control "muscle" is just like the other muscles in your body — when it doesn't get much exercise, it becomes weaker over time. But when you give it regular workouts by putting it to good use, it will grow stronger and stronger, and better able to help you successfully reach your goals.

To build willpower, take on a challenge that requires you to do something you'd honestly rather not do. Give up high-fat snacks, do 100 sit-ups a day, stand up straight when you catch yourself slouching, try to learn a new skill. When you find yourself wanting to give in, give up, or just not bother — don't. Start with just one activity, and make a plan for how you will deal with troubles when they occur ("If I have a craving for a snack, I will eat one piece of fresh or three pieces of dried fruit.") It will be hard in the beginning, but it will get easier, and that's the whole point. As your strength grows, you can take on more challenges and step-up your self-control workout.

8. Don't tempt fate. No matter how strong your willpower muscle becomes, it's important to always respect the fact that it is limited, and if you overtax it you will temporarily run out of steam. Don't try to take on two challenging tasks at once, if you can help it (like quitting smoking and dieting at the same time). And don't put yourself in harm's way — many people are overly-confident in their ability to resist temptation, and as a result they put themselves in situations where temptations abound. Successful people know not to make reaching a goal harder than it already is.

9. Focus on what you will do, not what you won't do.
Do you want to successfully lose weight, quit smoking, or put a lid on your bad temper? Then plan how you will replace bad habits with good ones, rather than focusing only on the bad habits themselves. Research on thought suppression (e.g., "Don't think about white bears!") has shown that trying to avoid a thought makes it even more active in your mind. The same holds true when it comes to behavior — by trying not to engage in a bad habit, our habits get strengthened rather than broken.

If you want to change your ways, ask yourself, What will I do instead? For example, if you are trying to gain control of your temper and stop flying off the handle, you might make a plan like "If I am starting to feel angry, then I will take three deep breaths to calm down." By using deep breathing as a replacement for giving in to your anger, your bad habit will get worn away over time until it disappears completely.

It is my hope that, after reading about the nine things successful people do differently, you have gained some insight into all the things you have been doing right all along. Even more important, I hope are able to identify the mistakes that have derailed you, and use that knowledge to your advantage from now on. Remember, you don't need to become a different person to become a more successful one. It's never what you are, but what you do.

I hope you liked the above as much as I did - I think I scored about 5.5 out of 9. Which explains a lot and shows me where I can get MUCH MUCH better - you see I might be great at training and digital, social and mobile marketing - but I aint on that beach of success quite just yet. Dan Sodergren - as a person - needs a bit more work.

Monday, 21 May 2012

I just returned from SAScon. And met with some very cool and clever people.

I just returned from SAScon. And met with some very cool and clever people (and some fools too)

The below are comments from a former rather than latter i.e. a clever person - called Barry Adams who is the senior internet marketer for search at Pierce Communications in Belfast.

When he’s not helping his clients achieve online world domination, he writes blogs for State of Search and Search News Central as well as the occassional rant on his own blog www.BarryAdams.co.uk

Here are his SAScon Six…

Don’t follow hypes

Whenever you read about the latest app, new social website, or exciting new technology to hit the internet, always put things in perspective before you eagerly jump on the bandwagon.

Put your client first

The first thing you should be contemplating whenever you want to use a new channel or tactic is ‘what’s in it for the client’? Never do something just for the sake of doing it, even if it’s the hip & trendy thing to do.

Distrust industry ‘thought leaders’

The people who are most famous in any industry – especially SEO and social – are usually the ones that have a vested interest in being and staying famous. That means they usually have something to sell. Keep their commercial interests in mind whenever you read expert advice, and you’ll soon be able to spot the gaps in their logic.

Try stuff out

Don’t just use tried & tested methods. Don’t stick to ‘best practices’ because someone else told you to. Try stuff out – preferably on test sites rather than client properties – and see for yourself what works and what doesn’t.

Break the mould

Following the rules religiously is rarely the most effective method for achieving success. The biggest winners are those that are willing to do things differently.

Get drunk

Or, more specifically, get industry veterans drunk. Catch them at a post-conference social event and buy them a few beers. Chances are they’ll share interesting tidbits with you that would otherwise never be shared. ;)

Friday, 27 April 2012

Why You Need to Make Your Life More Automatic

Why is it that three prominent books published just during the past several months focused on the subject of willpower?

The first answer is that neuroscience has finally begun to open a window into the complex way our brains respond to temptation and what it takes to successfully exercise choice.

Second, a raft of recent studies have shown that the capacity for self-control — even more than genetic endowment or material advantage — fuels a range of positive outcomes in life, including more stable relationships, higher paying and more satisfying work, more resilience in the face of setbacks, better health, and greater happiness.

Finally, these books — Willpower, The Willpower Instinct, and The Power of Habit — are a response to an increasingly evident need. Demand in our lives is truly outpacing our capacity.

The sheer number of choices we must make each day — what foods to eat, what products to buy, what information merits our attention, what tasks to prioritize — can be overwhelming. As Roy Baumeister puts it in Willpower, "Self-regulation failure is the major social pathology of our time."

Each of these books provides compelling studies and fascinating stories that illustrate the challenges we face in exercising more self-control. All of them also come to the same paradoxical conclusion.

Put simply, the more conscious willpower we have to exert each day, the less energy we have left over to resist our brain's primitive and powerful pull to instant gratification. According to one study, we spend at least one-quarter of each waking day just trying to resist our desires — often unsuccessfully.

Conversely, the more of our key behaviours we can put under the automatic and more efficient control of habit — by building something I call "Energy Rituals" — the more likely we are to accomplish the things that truly matter to us.

How different would your life be, after all, if you could get yourself to sleep 8 hours at night, exercise every day, eat healthy foods in the right portions, take time for reflection and renewal, remain calm and positive under stress, focus without interruption for sustained periods of time, and prioritize the work that matters most?

Right now, the vast majority of what we do each day occurs automatically. We're often triggered, as these authors make vividly clear, by subtle cues we're not even aware of — a smell, a visual image, a familiar sight. These cues prompt us to move away from any potential pain and discomfort, no matter how minimal, and toward immediate reward and gratification, no matter how fleeting.

The primary role of our prefrontal cortex is to bias the brain towards doing the "harder" thing. Unfortunately, our rational capacity is often overwhelmed by the power of our own most visceral and primitive desires.

We're often captive to our biochemistry. When the neurotransmitter dopamine is triggered, for example, what we feel is craving, not pleasure. This explains not just why we fall into a range of self-destructive addictions, but also why we don't take better care of ourselves and make wiser choices day in and day out.

The solution is to learn how to co-opt the more primitive habit-forming regions of our brains, so that rather than reinforcing our negative impulses, they become the soil in which we build positive rituals that serve our long term interests.

So how do you get started? The first step is simply to understand better what you are up against. That requires slowing down. Speed is the enemy of reflection, understanding and intentionality. When we slow down, we can begin to notice both what's driving us, and how to take back the wheel.

Eat slower, for example, and you not only begin to notice how rarely you savor the food you eat, but also how often you eat for reasons other than hunger and how rarely you notice when you've had enough.

To begin strengthening your capacity for self-observation, take two or three minutes at several designated times a day to breathe in to a count of three and out a count of six with your eyes closed. Notice the thoughts, feelings or sensations that arise, name them, and then let them pass. Return to the breath. You're training mindfulness.

We each have an infinite capacity for self-deception — endless ways that the awesome power of our desires cause our prefrontal cortex to defend the indefensible and rationalize behaviours that aren't serving us well. The first step to building willpower and self-control is recognizing how little we currently have.

You can't change what you don't notice.

Nine lessons in leadership from Xenophon’s Cyrus the Great:

Am writing a series of ideas for people at NACUE about marketing and how marketing is important inside societies as well as externally.

And so it got me thinking to something from many years ago - ancient leaders and team builders (who didnt have the internet) and what did they do.

Well it seems they did rather a lot. And they didn't have to be Machiavellian to do it.

Behold: Cyrus the Great, the man that historians call “the most amiable of conquerors,” and the first king to found “his empire on generosity” instead of violence and tyranny. Consider Cyrus the antithesis to Machiavelli’s ideal Prince. The author, himself the opposite of Machiavelli, was Xenophon, a student of Socrates.

Nine lessons in leadership from Xenophon’s Cyrus the Great:



Be Self-Reliant


“Never be slow in replenishing your supplies. You’ll always bee on better terms with your allies if you can secure your own provisions…Give them all they need and your troops will follow you to the end of the earth.”

Be Generous


“Success always calls for greater generosity–though most people, lost in the darkness of their own egos, treat it as an occasion for greater greed. Collecting boot [is] not an end itself, but only a means for building [an] empire. Riches would be of little use to us now–except as a means of winning new friends.”

Be Brief


“Brevity is the soul of command. Too much talking suggests desperation on the part of the leader. Speak shortly, decisively and to the point–and couch your desires in such natural logic that no one can raise objections. Then move on.”

Be a Force for Good


“Whenever you can, act as a liberator. Freedom, dignity, wealth–these three together constitute the greatest happiness of humanity. If you bequeath all three to your people, their love for you will never die.”

Be in Control


[After punishing some renegade commanders] “Here again, I would demonstrate the truth that, in my army, discipline always brings rewards.”

Be Fun


“When I became rich, I realized that no kindness between man and man comes more naturally than sharing food and drink, especially food and drink of the ambrosial excellence that I could now provide. Accordingly, I arranged that my table be spread everyday for many invitees, all of whom would dine on the same excellent food as myself. After my guests and I were finished, I would send out any extra food to my absent friends, in token of my esteem.”


Be Loyal



[When asked how he planned to dress for a celebration] “If I can only do well by my friends, I’ll look glorious enough in whatever clothes I wear.”


Be an Example


“In my experience, men who respond to good fortune with modesty and kindness are harder to find than those who face adversity with courage.”


Be Courteous and Kind


“There is a deep–and usually frustrated–desire in the heart of everyone to act with benevolence rather than selfishness, and one fine instance of generosity can inspire dozens more. Thus I established a stately court where all my friends showed respect to each other and cultivated courtesy until it bloomed into perfect harmony.”

Well worth thinking about as greatmarketing can only take you so far - sometimes you need to have solid foundations too.

Thursday, 12 April 2012

Tips for 'us' strategic thinkers...

If you find yourself resisting "being strategic," because it sounds like a fast track to irrelevance, or vaguely like an excuse to slack off, you're not alone.

I think the very same - almost every day.

Every leader's temptation is to deal with what's directly in front, because it always seems more urgent and concrete. Which is why it can feel like you are fighting fires everyday. Problems with people paying, dealing with developers, sorting out situations with someone, talking to the taxman etc etc.

No time for the over view - we got so much to do. Sod the strategics.

Unfortunately, if you do that, you put your company at risk. While you concentrate on steering around potholes, you'll miss windfall opportunities, not to mention any signals that the road you're on is leading off a cliff.

This is a tough job, make no mistake. "We need strategic leaders!” is a pretty constant refrain at every company, large and small. One reason the job is so tough: no one really understands what it entails. It's hard to be a strategic leader if you don't know what strategic leaders are supposed to do.

After two decades of advising organizations large and small, Paul J. H. Schoemaker and his colleagues have formed a clear idea of what's required of you in this role. And they should know they have been studying it for years with their company - www.decisionstrat.com.

They have found that - Adaptive strategic leaders — the kind who thrive in today’s uncertain environment – do six things well:

Anticipate

Most of the focus at most companies is on what’s directly ahead. The leaders lack “peripheral vision.” This can leave your company vulnerable to rivals who detect and act on ambiguous signals. To anticipate well, you must:

Look for game-changing information at the periphery of your industry
Search beyond the current boundaries of your business
Build wide external networks to help you scan the horizon better

Think Critically

“Conventional wisdom” opens you to fewer raised eyebrows and second guessing. But if you swallow every management fad, herdlike belief, and safe opinion at face value, your company loses all competitive advantage. Critical thinkers question everything. To master this skill you must force yourself to:

Reframe problems to get to the bottom of things, in terms of root causes
Challenge current beliefs and mindsets, including your own
Uncover hypocrisy, manipulation, and bias in organizational decisions

Interpret

Ambiguity is unsettling. Faced with it, the temptation is to reach for a fast (and potentially wrongheaded) solution. A good strategic leader holds steady, synthesizing information from many sources before developing a viewpoint. To get good at this, you have to:

Seek patterns in multiple sources of data
Encourage others to do the same
Question prevailing assumptions and test multiple hypotheses simultaneously

Decide

Many leaders fall prey to “analysis paralysis.” You have to develop processes and enforce them, so that you arrive at a “good enough” position. To do that well, you have to:

Carefully frame the decision to get to the crux of the matter
Balance speed, rigor, quality and agility. Leave perfection to higher powers
Take a stand even with incomplete information and amid diverse views

Align

Total consensus is rare. A strategic leader must foster open dialogue, build trust and engage key stakeholders, especially when views diverge. To pull that off, you need to:

Understand what drives other people's agendas, including what remains hidden
Bring tough issues to the surface, even when it's uncomfortable
Assess risk tolerance and follow through to build the necessary support

Learn

As your company grows, honest feedback is harder and harder to come by. You have to do what you can to keep it coming. This is crucial because success and failure--especially failure--are valuable sources of organizational learning. Here's what you need to do:

Encourage and exemplify honest, rigorous debriefs to extract lessons
Shift course quickly if you realize you're off track
Celebrate both success and (well-intentioned) failures that provide insight

Do you have what it takes?

Obviously, this is a daunting list of tasks, and frankly, no one is born a black belt in all these different skills. But they can be taught and whatever gaps exist in your skill set can be filled in. I'll cover each of the aspects of strategic leadership in more detail in future columns. But for now, test your own strategic aptitude (or your company's) with the survey at www.decisionstrat.com.

I am going to take the test - just not now - as got clients phoning me to do something else.... which kinda sums it up (doesn't it...)

Wednesday, 11 April 2012

Probably the most important thing you will read if you are starting a new tech business in 2012....

Less of a blog more of a dissertation on the ecosystems for startups - such an important piece of work that I had to blog about it.

The “Startup Genome,” created by three young entrepreneurs, Bjoern Herrmann, Max Marmer, and Ertan Dogrultan was a truly huge task. It was no less but to take a comprehensive, data-driven dive into what makes tech startups successful — and not so successful. Absolute gold dust. Here are the top twenty findings to think about and how the rest of the world goes up against Silicon Valley.

Startup Throughput: Perhaps unsurprisingly, the Silicon Valley startup ecosystem continues to lead the way, but the gap is growing smaller every year. Silicon Valley’s ecosystem is currently 3-times bigger than New York City, 4.5-times bigger than London, 12.5-times bigger than Berlin, and 38-times larger than Boulder.

Startup Success Rate: Proportionally, the Silicon Valley ecosystem has 22% more companies in the “scale stage” than in NYC and 54% more than in London.

Availability of Capital: On average, Silicon Valley startups raise two to three-times more money in the first three stages of development: Discovery, Validation, and Efficiency. But in the scale stage, compared to Silicon Valley, New York City startups raise 27% more money and London startups raise 30% more money.

Job Creation: In the Efficiency and Scale stages, Silicon Valley startups create 11 percent more jobs than NYC startups and 38 percent more jobs than London startups.

Risk Profile: The number of high risk companies decreases steadily through the startup lifecycle, except in New York City where the number of high risk companies spikes from 45% to 67%, and has 4x more high risk companies in the scale stage than Silicon Valley.

Product Types: Compared to New York entrepreneurs, Silicon Valley entrepreneurs are 2-times more likely to build games, 50 percent less likely to build marketplaces, 23 percent more likely to be build social networks, 3.5-times more likely to be build infrastructure and 2.5-times less likely to be build financial tools. Compared to entrepreneurs in Silicon Valley, London entrepreneurs are 50 percent more likely to be build eCommerce products, 35 percent less likely to be build social products, 3.5-times less likely to be build products based on user-generated content and 2-times more likely to be build project management software.

Market Type: Silicon Valley entrepreneurs are 13 percent more likely to tackle new markets than London entrepreneurs whereas London entrepreneurs are 21 percent more likely than entrepreneurs in Silicon Valley to tackle existing markets with better products. New York entrepreneurs have the highest proportion of companies trying to resegment existing markets with niche products. They are 30 percent more likely to build something niche than entrepreneurs in London.

Market Size: Entrepreneurs in Silicon Valley are much more “ambitious” than entrepreneurs in New York City and London. Silicon Valley entrepreneurs are 22% more likely to estimate their market size as greater than 10 billion compared to New York City entrepreneurs and 120% more likely than entrepreneurs in London. They are also almost 2x less likely to estimate their market size to be less than 100 million.

Revenue Streams: Subscription is the most popular revenue stream everywhere. Compared to London, Silicon Valley entrepreneurs are 4.4-times more likely for their primary revenue stream to be Lead Generation, 3.6-times more likely for it to be virtual goods and 2.6-times less likely for it to be the rapidly fading model of license fees.

Perceived Competitive Advantage: Compared to Silicon Valley entrepreneurs, New York City entrepreneurs are 4.3-times more likely to consider content their primary competitive advantage, 40 percent more likely for it to be niche focus, and 90 percent less likely for it to be centered around the team. Compared to Silicon Valley entrepreneurs, London entrepreneurs are 58 percent more likely to consider technology their primary competitive advantage and 5.3 less likely to consider user experience to be.

Product Development: London and NYC companies outsource 34 percent more of their product development than Silicon Valley companies.

Adaptability: Pivoting happens much more frequently in Silicon Valley. Pivots happen 45 percent more on average in Silicon Valley than New York City and 33 percent more than London.

Mentorship: The Silicon Valley and New York City ecosystems have more helpful mentors than the London ecosystem. Silicon Valley companies have 46 percent more helpful mentors than companies in London.

Thought Leaders: In Silicon Valley, Steve Blank and Paul Graham are the most popular startup experts. In London, Paul Graham is by far most popular expert and NYC shows their local pride, voting Fred Wilson as their favorite startup expert.

Work Ethic: Companies in Silicon Valley work 35% more than companies in New York City. In Silicon Valley teams work 9.5 hours a day on average vs. 8 hours in London and 7 in New York City.

Founding Team Composition: Silicon Valley founding teams are 34% more likely to be technical heavy than founding teams from NYC. Whereas NYC founding teams are almost 2x as likely to be business heavy than Silicon Valley founding teams.

Founder Education Background: In London most founders have a masters degree, whereas in Silicon Valley and NYC most founders have just an undergraduate degree. But NYC has 2.2x more founders with PhDs than Silicon Valley.

Founder Gender: New York City has almost double the female founders of Silicon Valley and London (80-20 vs 90/10 ratios, respectively).

Founder Age: The average age of founders in all three ecosystems is about the same, with an aggregate average of 33.5.

Founder Experience:
Silicon Valley founders have on average started almost twice as many startups as founders from NYC and London.

Founder Motivation: Silicon Valley has 30 percent more founders that want to change the world than London or New York. New York has 50 percent more founders that want to make a good living than Silicon Valley or London. London has twice as many founders that want to make a quick flip than Silicon Valley or New York.

Founder Challenges: New York City startups are 3.7-times less likely for team building to be their biggest challenge, at the same time they are almost twice as likely to consider “having too much do and being over capacity” their biggest challenge.

So what does this same about London.... hmmmm need to think and blog about this :)