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This is part of my ongoing series “ Start-up Lessons. &# If you want to subscribe to my RSS feed please click here or to get my blog by email click here. Imagine you pour 5 years of your life into your next gig and it starts to become successful. It’s hard enough to build a successful company. Not worth it.
This is part of my ongoing series called “ Start-up Lessons.&#. He writes with a great perspective and is well worth reading. I came across this blog post about getting a computer science degree as the best degree for getting into venture capital or working at a VC-backed startup. I installed Windows 3.1
What does it mean to be a CTO for a startup? Should a startup CTO spend their time programming? Here’s a graphic from Socal CTO that illustrates the roles as they change over time: In its earliest days, a startup’s top need is often to produce a product. But be careful, and mind the gap – the Founder-Developer Gap, that is!
Funny graphic by @shanesnow that captures the difference between web designers vs. web developers: Like the issue of Startup CTO or Developer , often startup founders who are less technical have this same question. Do I need a designer or a developer?
Understanding “The Funding Angle” I sit at enough board meetings to hear conflicting advice given to entrepreneurs about how to handle PR and announcements at startups. I will add to this as I write more in the coming weeks on the topic. For starters, once you announce your competitors instantly will start tracking you.
But should you actually write one if you’re a startup, an industry figure (lawyer, banker) or VC? This is a post to help you figure out why you should write and what you should talk about. People often ask me why I started blogging. It really started simply enough. Struggling to come up with enough topics?
Some really great stuff in 2010 that aims to help startups around product, technology, business models, etc. 500 Hats , February 1, 2010 When to Use Facebook Connect – Twitter Oauth – Google Friend Connect for Authentication? 500 Hats , February 1, 2010 When to Use Facebook Connect – Twitter Oauth – Google Friend Connect for Authentication?
If you’re a startup and you don’t have a close relationship with a few law firms you’re really missing one of the most important relationships that any entrepreneur can have. Many people start companies arse backwards. I write about some of the lessons in my post on Startup Mistakes.
It’s a hard topic to write about because it’s almost an accepted norm that total transparency is good. You took the risk to start your company. ” Your peer group is envious of your finally doing what they’ve always wanted to do but found it too hard to give up the golden paycheck and predictable future.
You help them on stories, act as a source, develop real relationships, read their stories and eventually when you have news they’re more willing to have a conversation. In a startup this is a mistake. In this instance I typically recommend that startups NOT hire a big, well-known PR firm. It’s a continual process.
I made every textbook mistake at my first startup, which is why I believe I was much more effective at my second one. The following are some lessons I learned about early-stage startup marketing. I worked with an entrepreneur who was to appear at a startup networking event where he was to talk about his company’s plans.
If you’re an early investor like I am that often means writing the first $2-3 million check into a business that previously had either survived on fumes or on a $500,000 angel round. In a VC business when you raise additional capital you need to “level up” and act the round you are. Act your stage. Flipper of burgers.
Ultimately to become defensible the client application would want to diversify its “stream&# so would start supporting Facebook, MySpace and perhaps even IM products. I said this many times publicly before it ever started happening with Tweetdeck and Seesmic. Kind of obvious, huh? No, I don’t think so.
It’s very common for startup companies to have COO’s. So I know I’m getting myself into a bit of trouble by writing this. But … Startups don’t need – shouldn’t have – COOs. I have this conversation with every startup that comes to see me and has a CEO & a COO.
I find it amusing when a journalist writes an article about a prominent startup (either privately held or preparing for an IPO) and decries that, “They’re not even profitable!” Exec Summary: Most companies (98+%) in the world (even tech startups) should be very profit focused. What makes up revenue?
I recently wrote a post about how to manage relationships when you’re at a startup or are busy executive. I had images in my brain of all of the stresses I had placed on my wife in the heyday of my startups. A spouse’s hints for surviving an incredibly busy start-up person.
We all like to think of startups as “non hierarchic&# organizations and to some extent that should be true. I see two common mistakes in companies (not just in startups, in fact). By going on sales calls you pick up directly the feedback of what customers want and also what they’re telling you about competition.
What could you learn from looking at your competitors or other tech startups in a different way? Or you think their startup is a passing fad and yours is the real deal? Albert Wenger from Union Square Ventures wrote a great post the other day that reminded me I’ve been meaning to write about this topic. Eff you guys!
June 2019 (left) and November 2020 (right) I’ve been reluctant to write this blog post because historically I don’t like talking about weight. I’m going to make this post pretty high-level because my goal is to help anybody who wants to get started quickly. How to Get Started? Then should write down your “target goal.”
This is where she first developed sales skills. It’s the key to growing a successful business and is a theme the Steve Blank plays up a lot. Be a mensch – the world is small than you think and bad karma will catch up to you “We’re in a very small community. You need to keep your relationships up.&#.
I recently sat down with Matt Coffin , the founder of LowerMyBills, which sold for $400 million but was very nearly a bankruptcy only a few years early, and talked “startups.&#. Matt is one of the most transparent, focused & honest startup guys you’ll meet. Or read the quick, informative summary below the image!
Having been through the experience as an entrepreneur twice myself I have developed a list of what I think it takes. This post covers the first out of 10 that I’ll write about. It’s the person who never gives up – who never accepts “no&# for an answer. At times it goes as far as being chutzpah.
Upon graduation from Wharton, John and Kyle launched a startup based upon a simple, pedestrian product: a computer mouse shaped like the head of a golf driver. However, a number of them wanted to vicariously experience the startup world through John and Kyle''s venture. It''s gonna highlight our emotions, our ups and our downs.
So I thought I’d write a post about how I drive my personal creativity. (A This applies equally to VCs, startups & big company executives. The key is channeling what you learn when you drive onto paper for retention purposes so you have to write it down soon afterward. So no whinging about what a long post this is!
Francisco Dao came up with the idea of letting 10 companies that weren’t selected for Twiistup to do a presentation the night before to a group of people and let the audience pick one company to win the final slot at Twiistup. So I thought I’d write a piece on how to not suck when you give a presentation.
Happy Halloween fans of web development frameworks! They are Falcore, Grizzly, HttpListener, PHPixie, Plain, Racket-WS, Start, Stream, and Treefrog. If any Azure experts are interested in picking up that work where it exists now, please visit the GitHub repository or the Google Group for the project.
Startup founders make decisions on a daily basis – significant decisions that will have lasting impact on their business. Actually, many startups need two kinds of technical advisors. No good innovator turns down advice! Why do this without the right technical advisor? Would you create contracts without an attorney?
Founded by Steve Poizner last year to accelerate the growth of a startup entrepreneurial ecosystem in Southern California, The Alliance is building a network of investors, entrepreneurs and universities to provide ballast in the south to the dominance of the Northern California tech industry.
You might like to think that a bunch of savvy venture capitalists saw a market niche for raising smaller funds or perhaps there was a generational shift where disgruntled junior partners spun out of bigger firms to start their own gigs. I launched my first startup in 1999 so I know the economics of launching from first-hand experience.
I talk to roughly 2 or 3 new startups every week who need advice from an experienced CTO. But the reality is that I engage with about 5 new startups each year which means that I end up working with less than 5% of the startups where I provide these free consulting sessions. Do you have a Startup Founder Developer Gap ?
If you want to get in better shape and haven’t read that you might start there. I started advice with the premise that no amount of exercise or food eating plan would help with long-term fitness or weight goals unless you first had a mental plan and a set of measurements to track your progress. I want to share with you how I did this.
When convertible debt first started being introduced as a “faster, cheaper way to get startups funded” they didn’t have pricing built into them. In fact, most early investor work hard to help their startups get to the next level so it makes no sense for the angel investor and founders to be at odds.
I talk to roughly 2 or 3 new startups every week who need advice from an experienced CTO. But the reality is that I engage with about 5 new startups each year which means that I end up working with less than 5% of the startups where I provide these free consulting sessions. Do you have a Startup Founder Developer Gap ?
Like Steve Jobs, Michael Dell and Larry Ellison, he is one of the few startup Founders who remained at the helm of their respective companies throughout their entire maturation process. Great Startup Ideas Come From Everywhere. "At One Of The Most Important Startup Skills. "The " [Tweet this quote].
So I thought I’d write a piece on how not to suck when you give a presentation. Many of them have their iPhones and laptops ready to command their attention the moment that you start sucking. Stories have starts, middles and ends. No one gives a s**t about your features other than your product manager and your developers.
I would love to see Tara follow up with blog posts on: why she believes this is the case & what we can do about it. The truth is I have been thinking a lot about the topic, I just haven’t been writing about it. We need to start encouraging it in our youth. AWS helped lower the cost of starting a company by 90%.
I spent my first year developing proprietary deal flow and learning the business and then the Sept 2008 / Lehman Bros collapse / financial meltdown happened. As a result I didn’t write my first venture capital check until March 2009 – exactly 5 years ago. I become a venture capitalist in September 2007 – exactly 6.5
Do you need a board when you first start you company? If you haven’t raised any money or if you raised a small round from angels or friends & family I would suggest you avoid setting up a formal board unless the people who would join your board are deeply experienced at sitting on startup boards.
2023 hasn't been an easy year to be a startup. In fact, according to Crunchbase more than 212 startups closed their shutters in the third fiscal quarter alone – the highest number recorded in the firm's history. Yet, while many early-stage startups crumbled under the pressure, diamonds also emerged.
I've recently received several emails from people looking for a technical cofounder for their startup. I promised I would write this post with some thoughts and ideas on the topic. Make sure you go through the 32 Questions Developers May Have Forgot to Ask a Startup Founder. Do you have dollars to pay for development?
When I started my first tech company in 1999 I had pretty good tech chops and had led teams but had very little exposure to many other things that matter in a startup including sales, marketing & business development. Negotiating was a subset of every activity in a startup – it really was a way of life.
I’ve been meaning to write this post since September of last year when Brad Feld first wrote about the The Founders Visa Movement. I commented briefly on his blog and made a mental note to write a blog post. I filled up with 20 people pretty quickly and realized this schedule was masochistic. Felipe grew up in Brazil.
If I were to re-write the original post I would have taken out the section on “how to get better intro’s from VC’s&# and made it it’s own post. Once I was done writing my post and had re-read it I started thinking more abstractly about decision making. Tags: Start-up Advice.
TechCrunch Europe ran an article in November of last year that European startups need to work as hard as those in Silicon Valley and I echoed the sentiment in my post about the need for entrepreneurs to be maniacal about their businesses if one wants to work in the hyper competitive tech world. I started feeling panic attacks.
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