Technology entrepreneurship offers an extensive amount of opportunities. But flip through most magazines and websites that delve into the space and, at times, it seems as though the content isn’t speaking to you, more so at you…and in another language. It’s a concern that The Phat Startup (TPS) team—Anthony Frasier, James Lopez, Jesal Trivedi and Jahde—recognized and aimed to disrupt.
Influenced by Lean Startup methodology and hip-hop culture, The Phat Startup is an integrated media company that develops premium content for new to serial entrepreneurs. Known for their well-attended NYC events, where they’ve brought tech heavyweights such as Reddit founder and serial investor Alexis Ohanian, VaynerMedia founder and social media expert Gary Vaynerchuk, and Ben Horowitz (a.k.a Nas’ bestie), co-founder and general partner of the venture capital fund, Andreessen Horowitz, the Phat Startup is entering a new chapter, hosting their inaugural Tech808 conference on November 21 at New York University. The conference, which is in partnership with the Clive Davis Institute, will explore the world of entrepreneurship through the view of those who are grinding and hustling to make power moves.
MadameNoire caught up with The Phat Startup co-founders to discuss tech entrepreneurship, starting your own venture and why Tech808 is a must-attend conference.
The Phat Startup merges Eric Ries’ Lean Startup methodology and hip-hop principles. What inspired you to create The Phat Startup?
Lopez: I was inspired to start TPS because I noticed that the similarities between hip-hop and lean were a perfect way to educate aspiring entrepreneurs that resonated with the hip-hop culture. Buzzwords are cool, but if you don’t understand them you cant learn from them, or apply those lessons.
Frasier: What played a big part of me jumping into The Phat Startup is being constantly asked questions about becoming an entrepreneur. When I got together with James, and we began to see we could use the culture as a way to get entrepreneurs interested and informed, it was magic.
How did The Phat Startup go from an idea to a platform to a movement, which entails events and now your conference, Tech808?
Frasier: The blog was the first step. The content was the second. The content played a huge part in our journey. When we wrote resource guides and conducted interviews, we weren’t talking to a white kid at Stanford. Sure, anyone could relate and benefit from our content, but we had a certain demographic in mind. We wanted to ask questions a single mother in Newark, NJ could relate to. I wanted to create a guide that a college dropout in Oakland would vibe with.
As a result, it helped us gain a following. The largest reason people follow us is because we present the same resourceful, quality information you would get anywhere else, but with a cooler voice. It’s less intimidating, and people love that. We love hip-hop, so when we wave our flags we do it like any hip-hop movement would. We wear our T-shirts; we make sure the logo is visible on our products. It makes people want to join the squad and be part of something. Hip-hop taught us that.
What can attendees expect from your inaugural conference?
Lopez: For Tech808, we decided that having people talk about the come up wasn’t as valuable as them telling you how to create your own come up or movement. We wanted to get off the usual background information and have all speakers leave the community with executable advice that they can start implementing the day of in a TEDx style conversation.
We want to educate our community, so Tech808 is pure executable advice, no self-promotion.
Talk to me about the inspiration behind the name Tech808
Frasier: The Tech808 name came from our founding members: Jesal Trivedi and Jahde. The 808 is the most famous bass sound in hip-hop. It has a boom to it that is unmatched. Bringing tech together with that represents the convergence of the two cultures. It also means we not playing games out here!
How will Tech 808 be different from a lot of the other technology conferences happening in other tech hubs such as San Francisco, Austin, Atlanta and New York?
Lopez: Tech808 is different because we wanted to focus on the lessons learned from founders in the trenches right now. People like Mark Zuckerburg are super special, but the tactics they use now can’t be used by a company that is just launching. All of our speakers are building their empires from an early stage and their tactics are the ones our community needs to implement now.
Frasier: I agree with James. What also makes us different are the same reasons we were able to attract our audience. It’s the culture. It’s the comfort level [of] people asking questions and not feeling dumb, or left out. We are for the people. You don’t get that vibe when attending a larger, more popular conference.
For those aspiring to be tech entrepreneurs, what advice would you give them about starting a business in the tech space?
Lopez: As Nike would say, just do it. There will never be a perfect time to start. Start now and learn how to overcome the obstacles that you’ll face. There isn’t a blueprint to follow, but you can learn from how others over came adversity. Do that and grind!
Frasier: My biggest piece of advice for aspiring tech entrepreneurs is to learn and build as much as you can. Learn how to code. Don’t have the time to learn how to code? Learn how to prototype! Learn how to build wire frames. Learn how to communicate your vision to a technical person. But, as much time as you spend learning, you have to start building and making mistakes. Making mistakes is how we get better and, trust me, you will learn to love making mistakes in the tech world. Making mistakes is actually better than reading articles and books.
Based in New York City, Janel Martinez is a multimedia journalist who covers technology and entrepreneurship. She is the founder of “Ain’t I Latina?” an online destination geared toward Afro-Latinas. You can follow her up-to-the-minute musings on Twitter @janelmwrites.