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What Should You Do with Your Crappy Little Services Business?

Both Sides of the Table

There’s a line of thinking in Silicon Valley that you should build product businesses rather than services businesses. It’s nearly impossible to get a services company financed by VCs. It is advice I give entrepreneurs often as I have written here on why most businesses should never raise VC.

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Honk Launches On Demand Roadside Help Service, Raises $1.8M

socalTECH

Have a flat tire, locked yourself out of your car, or need a tow--but not a member of a roadside assistance service? Santa Monica-based Honk has launched a service for you, specifically to let you summon roadside help using your smartphone--without a membership. Honk is led by serial entrepreneur Corey Brundage. READ MORE>>.

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What Tech Entrepreneurs Could Learn from Chamillionaire

Both Sides of the Table

On why you should be an entrepreneur, “A lot of people do what they have to do. He wanted to create awareness for himself to generate marketing buzz and demand and then get the retail stores to pay wholesales prices for his cds. You want to get yourself to a position where you can do what you want to do&# (Chamillionaire).

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US Economic Risks (Sept 2010): Impact on Investors & Entrepreneurs

Both Sides of the Table

My advice to entrepreneurs was and is “ when the hors d’oeuvres tray is being passed take two ” (e.g. So I agreed to offer my current thinking on the economy and what it portends for the VC industry & fund raising for entrepreneurs. raise money now to weather any storms).

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7 Business Mistakes Serial Entrepreneurs Never Make (Twice)

InfoChachkie

As an entrepreneur, I helped create companies which achieved two IPOs and two trade sales totaling $385 million. Fallacy: Startup ventures tend to evolve, especially after you begin speaking with pesky customers and demanding partners. “Learn from the mistakes of others. You can’t live long enough to make them all yourself.”.

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TheBouqs.com: An Online Flower Service For The Next Generation?

socalTECH

Los Angeles-based TheBouqs (www.thebouqs.com) thinks so, with its new, cut-to-order online flower delivery service for the iPad generation. The third part of this is the subscription service we offer. There are lots of online flower delivery services, in a pretty established market. What is the Bouqs? Closing this $1.1M

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The Shed is a startup out of Virginia trying to revive the rental-for-everything business

TechCrunch LA

Launched by Karen Rodgers O’Neil, a longtime marketing executive, and Daniel Perrone, a serial entrepreneur and technology executive whose previous company, BroadMap, was acquired by Apple; The Shed hopes to take the rental model that Home Depot has turned into a billion dollar business line and take it to the masses. .

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