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My role is to work as part of the team to (1) understand related technologies and technical opportunities, (2) understand and help drive alignment around a vision of where the business should go, and (3) mesh those together to help make disciplined, proactive technical decisions. Many people ask how the acting-CTO gig can work out.
You can probably get loads of information on Legal Zoom also. If not, at least find someone really technical that you trust to help act as an adviser to you. If you can’t find somebody any technical resources at all through networking please consider keeping your day job. Pick the founding members.
Then we discussed how they could go about finding this startup business advisor. Great question and I believe that just like finding a TechnicalAdvisor for your startup is critical, finding a good mentor is critical. These are not mutually exclusive and good mentors and advisors get into both.
Our reporting system relies on an algorithm that takes into account a variety of business factors including complaint and other business information. One immediate step you can take to maximize your company’s rating is to ensure that all information we publish on your company is accurate and up to date. Please advise.
We are expected to know everything and many people rush to conclusions given a limited set of information. But as I rose in my career (and post MBA) I moved into a role in which I was to advise board-level executives on topics where I was expected to rapidly become an expert. The right answer often is, “I don’t know.”
If you are a passionate technologist , it’s easy to forget that marketing is required to sell even the most compelling solution, to cut through the information overload everyone sees today on the internet. Getting customer attention often takes more innovation today than solving the tough technical problems.
You are constantly faced with decisions and there is always incomplete information. I spent nearly a decade building software for large companies and then advising companies on the same. He would have found somebody technical and inspired that individual to work for equity or deferred payment. This paralyzes most people.
Most people totally advise against stealth. In my experience, entrepreneurs who are overly paranoid or are information hoarders rarely do well. Marketing futures can be really good for enterprise software companies where the information is passed between sales rep and potential customer in terms of near-term roadmap.
Often this situation is characterized as a “good problem to have” until you’re the technical person who needs to solve the problem—and quickly. Well, there are a number of technical reasons for applications suffering performance issues. We therefore routinely advise leads of new projects to consider performance early.
In my own experience with technical startup founders, I still find it hard to name one who was also good, or even interested in financials or business operations. You need a dedicated team, gleaned from your network of informal connections between family members, friends, and individual relationships with other professionals.
Most small businesses I advise still rely on traditional advertising models, assuming they can create enough media “noise” to get customers attention and sway them. This is technically called “permissioned,” and it comes in two forms: implicit and explicit. You now need a personal context in your marketing to get results.
I always advise software startups to file patents to protect their “secret sauce” from competitors, and to increase their valuation. They don’t insist on something very narrow, with proper technical content. Another argument is that software by itself is information, not physical. It is in the jargon not “technical.”
According to their website, the application only takes 30 seconds to enter – all you need to do is enter some simple business information, and who you were referred by. While the program’s deadline is technically on November 1, we’d recommend applying in October it’s only accepting a limited number of applications.
I informed him that we needed to translate the software into Finnish at a cost of $50,000. Our own subsidiary, of a major technology company, started to repair and service competitive products in order to maintain our own technical staff and service capabilities. Thus, when the government creates restrictions, think out of the box.
Most of the entrepreneurs I advise today are ready to declare success when they get that first surge of traction with a real customer. The specialists to support these may speak different technical as well as communication languages, and be physically dispersed around the world. Moving information platforms to the Internet cloud.
Unfortunately, too many of the technical entrepreneurs I mentor and advise are focused on their technology, and assume that the value will be self-evident to customers. Tech may be the tool, but hospitality – making life a little easier, more comfortable, and more enjoyable for your customer, is the winning focus.
The aim, according to the private college’s press release, is to provide “mentoring, advising and access to resources for up to 15 student- and community-run companies with a philanthropic twist.” More information is available through a FAQ on 1776’s site. The Travel Experience Incubator.
I always advise software startups to file patents to protect their “secret sauce” from competitors, and to increase their valuation. They don’t insist on something very narrow, with proper technical content. The argument is that software by itself is information, not physical. It is in the jargon not “technical.”
I informed him that we needed to translate the software into Finish at a cost of $50,000. Our own subsidiary, of a major technology company, started to repair and service competitive products in order to maintain our own technical staff and service capabilities. Thus, when the government creates restrictions, think out of the box.
Try to compile all the different types of questions you could be asked about your business, like technical details, financial assumptions and projections, marketing, IP, etc., I would advise trying not to get into an argument with an investor. and prepare a response. Less Is More.
I would argue that this mostly consists of consumer Internet companies (although not exclusively) and it is predominantly early-stage people who are product gurus and have a mildly technical bend to them. In VC there are the obvious people including Bijan, Brad Feld, Fred Wilson, Josh Kopelman and Bryce Roberts.
Your lawyer is a trusted advisor, but in the end, you run your business, your lawyer does not. In other words, find a lawyer who will take the time to understand the issues underlying your business and advise you how to best accomplish your objectives while minimizing your legal exposure. but They Make Great Guard Dogs. Do not do it.
Talks at DefCon are mostly focused on topics in information security, some with very practical real-world applications and implications. A row of skilled volunteers monitor network traffic, capture people’s personal information through open airwaves and then posts this through a projector onto a large wall for all to see.
We spend hours of seemingly “wasted&# time just in these informal chats simply shooting the shit. I often advise these CEOs to make the tough choices early in the company’s history – either move up North or build your tech team in LA. If they can’t, I doubt it will become a big, important technical company.
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