Feasibility Means Nothing: The #1 Mistake Founders Make
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In this episode of Founders Future, with host Jae Encarnacion, we sit down with Michael Seeley, founder and CEO of Liminal Group Ventures, a pioneering venture studio bridging the gap between ideas and investable businesses. With 17 years of experience working with global brands like IKEA and Walmart—and holding nearly 100 patents—Michael shares how his human-centered design approach solves a critical startup problem: most founders focus on feasibility or viability first, while neglecting desirability. He reveals how Liminal’s unique methodology (rooted in industrial design principles) helps startups and students validate market needs before building products—and why this approach is revolutionizing early-stage venture development in West Michigan’s innovation ecosystem.
Michael pulls back the curtain on Liminal’s community-driven model, blending education, incubation, and hard-tech expertise to create what he calls “filter and amplify” pipelines for high-potential ventures. He discusses the challenges of scaling a venture studio (“We’re building the ship as we sail”), his predictions about the return of physical products in an AI-dominated world, and why measurable outcomes—not just participation metrics—are key to transforming fragmented startup communities. For founders, his advice cuts through the noise: “Feasibility means nothing if nobody wants what you’re making.” A must-listen for anyone passionate about the future of hardware innovation and human-centric entrepreneurship.
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