I recently spent an amazing week in Australia with a talented group of tech entrepreneurs from around the world. Bill Tai, a well known and respected Silicon Valley venture capitalist and partner at Charles River Ventures, led what has become the innaugural MaiTai Oz event, a new branch of his annual MaiTai kite camp on Maui which brings over 150 innovators together. On the surface, the week was about kitesurfing, a passion common to the majority of the participants. In my opinion however, kitesurfing was merely a pretense. This event really was about getting a group of like minded, passionate people together to innovate the Bill Tai way, and drive innovation among budding entrepreneurs in Western Australia.
Typical business innovation initiatives focus on crowdsoucing ideas, vetting processes, ROI assessment, and business viability. What I saw at the MaiTai Oz event was refreshingly different. The focus was on a completely non-techie, unrelated discipline – kitesurfing. And yet innovative ideas flowed freely – from ideas for new mobile apps to strategies for finding and hiring engineering talent to new investment opportunities. It’s almost as if by taking themselves out of their day-to-day context, and moving to a completely unrelated, safe, stress free environment, the unbridled flow of creative juices was unleashed. A shared passion for kitesurfing acted as a catalyst for the formation of deep connections that will persist long after the event is over, and might just be the source of future innovations in technology.
I feel so fortunate to have participated in this event. Thanks to my new MaiTai friends, Alyssa, Chris, Dan, Jean, Jenna, Kaya, Richard, and especially Bill, for broadening my horizons. If I had to boil it down to one key takeaway, it is this: Some of the best innovation takes place when innovation itself is thought of innovatively. In other words, if you want to foster innovation the Bill Tai way, consider heading for the beach with your tech geek friends to catch some wind and waves.