CubeSpace: Talking SpaceTech, building satellites and learning that running a startup is about people
We have a mix of hard tech companies in LaunchLab working on blockchain, blimps, cancer-curing innovations and electric skateboards to name a few. But it’s always mind-blowing when we tell LaunchLab visitors that we have a startup building satellites on our doorstep. CubeSpace, is a spin-out company of Innovus, Stellenbosch University’s industry interaction and innovation company. CubeSpace, which originated from a research project at SU where they design, build, test and support innovative, high quality, miniaturised satellite components, with a strong focus on control systems
We sat down with Engineer turned CubeSpace CEO, Mike-Alec Kearney for a (Not so) Hard-Hitting Startup Q&A
What is the major problem or pain point that your company is trying to solve? You have 20 words – go!
To be able to develop mature, flight-proven satellite control systems for any size satellite without the need for an expensive in-house Engineering team. (23 words!)
What is the most surprising insight you have learned that you would never have expected?
You need to be emotionally vulnerable, to be perceived as emotionally strong.
Tell us about the most WTF moment in your entrepreneurial journey?
I had a very stressful, uncomfortable meeting in the early years of the company where I knew I was ‘right’ but also knew I needed to act ‘wrong’ to keep the peace. Before the meeting, I consulted with Anita Nel (CEO of Innovus) for some tips on how to handle the whole thing. She very seriously told me that a technique she often uses in these types of meetings is to imagine that the person you are talking to is in their underwear behind their table. She was not joking and insisted I do it. So I followed her advice, and during the meeting, I found myself giggling in my head, instead of getting upset about things that were irrelevant in the bigger scheme of things. Lesson learnt that day was that sometimes a bit of play is important in business and also that you should not allow things that are not important to steal your emotional bandwidth.
If you could go back in time, what is one thing you’d tell yourself on day 1 of building the business?
What is one must-read book (it does not have to be about business or entrepreneurship)?
Definitely ‘Lean Startup’ for me.
Why did you do it?
It was between this and being a Hollywood actor, and I would not have been able to deal with the paparazzi.
If your company could have a spirit animal what would it be?
An ant, because of collaboration and contribution to the greater whole in the most efficient way possible.
If you could have one person as your co-founder (living or dead) who would it be?
Yoda. “Do. Or do not. There is no try.”