January, 2011

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What did they do before you came along?

A Smart Bear: Startups and Marketing for Geeks

Here’s a simple question, often asked when designing software but more useful when you’re designing your marketing and sales pitch: How are people doing this today without you? Sounds obvious; I want to take it a step further, like this: Ignoring most of your potential market , how are expert, power-users doing this today, without your software?

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High Burn Rates Result in Short Startup Runways

Startup Professionals Musings

Cash is the fuel of every startup. Your burn rate is the rate at which that money is being spent, and allows an estimate of how long you can go before refueling (runway). That refueling is when you will need more investment, or when you will break even and begin that steep profitable growth curve. Investors look at your burn rate to see how efficient and effective you are at running the business.

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Startup Suicide – Rewriting the Code

Steve Blank

The benefits of customer and agile development and minimum features set are continuous customer feedback, rapid iteration and little wasted code. But over time if developers aren’t careful, code written to find early customers can become unwieldy, difficult to maintain and incapable of scaling. Ironically it becomes the antithesis of agile. And the magnitude of the problem increases exponentially with the success of the company.

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The Valley Lacks Flexibility, Not Talent

ReadWriteStart

Right now there are a lot of reports about large companies in the Valley not being able to find the talent they need. There are also a lot of reports about companies bending over backwards financially to retain the people they have. But what I found working for a large Valley corporate in the last few years is that it is not hard to find talent. The real problem is that companies are not ready for new talent.

Europe 139
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Building Healthy Innovation Ecosystems for Your Projects

Speaker: Nick Noreña, Innovation Coach and Advisor, Kromatic

Every startup and innovation project exists within an ecosystem that either helps or hurts that project. As innovation managers, we need to keep a pulse of that ecosystem and make sure we're helping those innovation projects we're managing every step of the way. In this webinar, Nick Noreña will walk through an Innovation Ecosystem Model that he and his team at Kromatic have developed to help investors, heads of product, teachers, and executives understand how they can best support innovation in

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Best Practices and Tips for Restaurant Web Design

crowdSPRING Blog

Whether you’re an entrepreneur opening your first restaurant or a seasoned business owner with many years of experience in the restaurant industry, you face many challenges. Among the most important of these challenges is your restaurant’s website. A strong web design can help a restaurant to more effectively market itself, can help convert visitors who find the restaurant by searching, for example, on Yelp, shopping for a deal through Groupon, or searching on Google or Bing.

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250 Developers

This is going to be BIG.

Back in the 60’s, JFK make a bold proclimation that we were going to put a man on the moon by the end of the decade. The details of exactly how this was going to happen were a bit sketchy, but having a big hairy audacious goal galvanized the innovation community into achieving something spectacular. In today’s world, one of the bottlenecks we have to innovation is the lack of software development talent.

Developer 117

More Trending

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Avalon Ventures Raises A New $200 Million Fund And Gets A New Website

Feld Thoughts

Congrats to my friends at Avalon Ventures on raising their new $200 million fund. I’ve been friends with and co-invested with Rich Levandov , one of Avalon’s partners, since the mid-1990′s, most recently in Standing Cloud , Zynga , and NewsGator. I’ve gotten to know several of Rich’s partners over the past few years and recently had a wonderful Do More Faster book tour dinner hosted at Avalon’s San Diego office by Kevin Kinsella (a fellow MIT-grad turned VC.

San Diego 125
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The 47th (-46) International Business Model Competition

Steve Blank

Utah may be known for many things, but who would have thought that Utah, and particularly Brigham Young University (BYU), would be participating in the transformation of entrepreneurship? I spent last weekend in Utah at BYU as a guest of Professor Nathan Furr , (a former Ph.D. student of our MS&E department at Stanford ,) where they are set on being a leader in developing the management science of entrepreneurship.

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5 Lessons From the Garage48 Helsinki Hackathon

ReadWriteStart

Garage48 Helsinki , the largest hackathon in the Nordics, took place last week. It gathered 120 hackers from Finland, Estonia and Latvia under the same roof and challenged them to go from zero to demo in 48 hours. Sixteen startups were created during the weekend. Together with Osma Ahvelampi (CTO, Sulake ) and Teemu Kurppa (co-founder, Jaiku ), I was a mentor to those teams.

Latvia 158
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Twitter Link Roundup #70 – Small Business, Social Media, Design, Copywriting, Marketing And More

crowdSPRING Blog

Every day on the crowdSPRING Twitter account and on my own Twitter account , I post links to posts or videos I enjoyed reading or viewing. These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! Here are some of the links that I’ve liked and shared this past week!

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Excellent Analytics Tips #19: Identify Website Goal [Economic] Values

Occam's Razor

Regular readers of this blog will recognize that I suffer from OOD. Outcomes Obsession Disorder. I am seeing a therapist for it. The way OOD manifests itself is that in every website and web business I work with I am obnoxiously persistent in helping identify the desired outcomes of the site / business before I ever log into their web analytics data.

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Blogging In French: Olivier Roland Proves There Is Money To Be Made Helping People In Other Languages

Entrepreneurs-Journey.com by Yaro Starak

Press play to begin streaming the audio or right click the text link and choose save as or save link. Download the MP3 [ 59 Minutes - 28 MB ] Many a time I’ve received a question from a person who has English as a second language, regarding their options for writing a blog and whether they should focus on English since most success stories seem to be from English websites.

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Common mistakes of first time (technical) founders

Lightspeed Venture Partners

'There is a great thread over on Quora answering “ what are the most common mistakes first time entrepreneurs make ?” The current top rated answer is from Siqi Chen , one of the co-founders of Serious Business. We funded Siqi and Alex Le at Serious Business. I’ve reproduced Siqi’s answer below but it is worthwhile to follow the link to Quora to read other answers, and the comment thread on Siqi’s answer.

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The Last SMS

This is going to be BIG.

Texting has become an integral part of mobile communications for most people--so much so that it has replaced a lot of voice calls. Why call when you can just send a quick text? Yet there are signs that texting's days are numbered. To be clear, the desire to send and receive short messages isn't going away--but the need to send them via the SMS protocol may become extinct.

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Strategy Roundtable For Entrepreneurs: Top 10 Online Advertising Trends For The Decade

ReadWriteStart

We started this week's One Million by One Million roundtable with a discussion of online advertising trends, looking at them from the perspective of cost-effective customer acquisition and brand building, as well as entrepreneurial opportunities. You can find more on the topic on my blog at Top 10 Online Advertising Trends For The Decade. While on this topic, I want to particularly emphasize the social media advertising trend, and my observation that the infrastructure to measure, analyze, optim

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Twitter Link Roundup #69 – Small Business, Social Media, Design, Copywriting, Marketing And More

crowdSPRING Blog

Every day on the crowdSPRING Twitter account and on my own Twitter account , I post links to posts or videos I enjoyed reading or viewing. These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! Here are some of the links that I’ve liked and shared this past week!

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Tech Wildcatters Applications Due January 16th

The Startup Lawyer

Dallas-based Tech Wildcatters is set to launch their 2nd class and will stop accepting applications January 16th. Their inaugural class of 5 companies raised over $4,000,000 in funding through two venture and two angel rounds. Tech Wildcatters is a startup accelerator that offers up to $25,000 and 12 weeks of hands on mentorship. Here’s what they look for in a startup: -2 or more founders (there’s way too much work for just one person).

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Webinar: Is FusionHQ The Internet Marketing Tool For You?

Entrepreneurs-Journey.com by Yaro Starak

A couple of months ago Gideon Shalwick hosted a webinar with Leon Jay , the founder of FusionHQ. I promised a recording of the webinar and I finally have it for you. Here is the page were you can watch the full webinar replay – FushionHQ is an internet marketing tool that makes it a whole lot easier to do the following things - Create pages like landing/squeeze pages, video landing pages, opt-in forms and sales pages with text and/or video using a simple WYSIWYG editor.

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Should You Really be a Startup Entrepreneur?

Both Sides of the Table

This post originally appeared on TechCrunch. One of the most common questions that entrepreneurs who meet me for the first time like to ask is, “Do you miss being an entrepreneur? Aren’t you ever tempted to go back and do it again?”. The obvious answer is yes. When it’s in your blood, it’s in your blood. I guess it’s kind of like crack (not that I know from experience).

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Announcing nextNY Fellows: An Innovation Community Leadership Initiative

This is going to be BIG.

Five years ago, I started nextNY with the idea that it would be participant driven--that the community would take an active role in managing itself. I think that we've done a decent job with that, and we have a number of examples of individuals who have used it as a leadership platform, but it isn't as much of a leader factory as I had hoped. With that in mind, I tried to come up with a structure and set of incentives to make it easier for new up and coming faces in the crowd to step up and make

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Macroeconomics for Startups

OnlyOnce

Macroeconomics for Startups. I’m not an economist. I don’t play one on TV. In fact, I only took one Econ class at Princeton (taught by Ben Bernanke, no less), and I barely passed it. In any case, while I’m not an economist, I do read The Economist , religiously at that, and I’ve been reading so much about macroeconomic policies and news the past 18 months that I feel like I finally have a decent rudimentary grip on the subject.

China 74
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Twitter Link Roundup #68 – Small Business, Social Media, Design, Copywriting, Marketing And More

crowdSPRING Blog

Every day on the crowdSPRING Twitter account and on my own Twitter account , I post links to posts or videos I enjoyed reading or viewing. These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! Here are some of the links that I’ve liked and shared this past week!

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Identity and Reputation Online: Embrace It or Fall Behind

Babbling VC

My number one development to watch online is the growth of the reputation graph. If you want some background on this, read these blog posts from Jon Bischke here and here. My take on this is that it's a mix of reputation management as well as online identity management. . We all know that our "presence" online continues to grow and at the same time, your reputation online is becoming ever more important.

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13 Articles To Help You On Your Entrepreneurs Journey

Entrepreneurs-Journey.com by Yaro Starak

This is Yaro here, briefly intruding on Leigh’s column. I just wanted to clarify that Leigh wrote this article to highlight many of the best and most important articles hidden away in the archives of this blog. Since Leigh is a long time reader of Entrepreneurs-Journey.com (and now columnist) she’s been around long enough to see this content come and go on the front page and be in a position to talk about what she thinks is worth reviewing, especially if you are new to this blog.

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The past, present and future of Work

deal architect

Prof. Tom Malone of MIT wrote the seminal book The Future of Work in 2004. When I interviewed him for my book about ways work has changed in the years since, he honed in on the phenomenon of communities and.

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Should You Sell Your Company?

Ben's Blog

Sittin’ up drunk shuffling thoughts. Got paper but I’m lost. Losing focus what a n#%$a still hustin’ for? My seed is straight the family’s settled. Idle time get the man in trouble. —Nas, Suicide Bounce. One of the most difficult decisions that a CEO ever makes is whether or not to sell her company. Logically, determining whether selling a company will be better in the long term than continuing to run it stand-alone involves a huge number of factors, most of which are speculative or unknown.

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How to use PR Firms at Startups

Both Sides of the Table

One of the most frequent questions entrepreneurs ask about when they raise a little bit of money or are getting close to launching their first product is whether they should hire a PR firm. There is obviously no black-or-white answer, but I’ve tried everything from working a large international agency, to hiring in-house people to doing it myself.

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The State of the Crowdsourcing Union, 2011

crowdSPRING Blog

Later this month President Obama will deliver the annual State of the Union address. In the address the President will discuss the relative strength of our economy, our institutions, and our relationships with other nations and our current standing in the world. I thought it appropriate , at the beginning of this new year, to do the same. But instead of a discussion of our nation’s current situation, I wanted to have a look at the state of crowdsourcing – as an industry, as professio

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Color Wheels are wrong? How color vision actually works

A Smart Bear: Startups and Marketing for Geeks

Color theory is a little obsession of mine. You’re here for startup advice, but this week I’m taking an indulgence. Leave a comment if you want to see more or fewer of these little distractions. Artists get it wrong. Ask any artist to explain how color works, and they’ll launch into a treatise about the Three Primary Colors : red, blue, and yellow: All other colors are created by mixing these three colors in certain proportions, they’ll explain.

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How To Prepare A Media Release To Generate Press Coverage – Case Study

Entrepreneurs-Journey.com by Yaro Starak

In my previous article I took a look at contacting and communicating with the print media through the creation and distribution of a media release. In this post, I thought I would give an example of a media release so that you can see the format at work, and then show you the results of the campaign. Just as a reminder, a media release is the document, taking a specific format, that you prepare to share your news with your chosen media outlet.

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Startups – So Easy a 12 Year Old Can Do It

Steve Blank

Out of the mouths babes. Maybe because it’s a company town and everyone in Silicon Valley has a family connection to entrepreneurship. Or maybe I just encountered the most entrepreneurial 12 year olds every assembled under one roof. Or maybe we’re now teaching entrepreneurial thinking in middle schools. Either way I had an astounding evening as one of the judges at the Girls Middle School 7th grade Entrepreneurial night. 12 Year Olds Writing Business Plans.

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When Smart People are Bad Employees

Ben's Blog

And I always find, yeah, I always find somethin’ wrong. You been puttin’ up with my sh#t just way too long. I’m so gifted at findin’ what I don’t like the most. So I think it’s time for us to have a toast. Let’s have a toast for the douchebags, Let’s have a toast for the a@%holes, Let’s have a toast for the scumbags, Every one of them that I know.

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How Twitter Got Me into The White House & Saved My Son’s Birthday

Both Sides of the Table

It’s clear that if you use Twitter wisely it can have an impact on how you physically experience your world. You have to put effort into building meaningful connections and contributing back but if you do the rewards can be handsome. Here’s my story. Every year I spend the December holidays in Annapolis with my in-laws. My second son Andy’s birthday is December 28th so we spend his birthday Back East every year.

Baltimore 299
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12 Questions: Meet Aleksandar Macanovic (Serbia)

crowdSPRING Blog

In our 12 Questions blog series, we feature interviews with someone from the crowdSPRING community. For these interviews, we pick people who add value to our community – in the blog, in the forums, in the projects. Plainly – activities that make crowdSPRING a better community. Be professional, treat others with respect, help us build something very special, and we’ll take notice.

Serbia 94
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A new decade: From consumerization to commercialization of technology

deal architect

“I would rather compete with Sony than compete in another product category with Microsoft.” Steve Jobs said that to Time magazine soon after launching the iPod in 2001. It signaled the start of a trend Gartner would later call “consumerization.

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This year, take the risk

A Smart Bear: Startups and Marketing for Geeks

Still debating whether this is the year to take an outsized risk, to make a strong decision, or whether “start a company&# should be your New Year’s Resolution? What’s stopping you? What are you afraid of? Is it better to be embarrassed or to do nothing worth judging? Is it better to make an argument and be wrong or to be complacent and thoughtless?

Stock 270