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As a cofounder you are *always* selling. To customers, to investors, to press, to team members, to potential hires, to partners. Even if you’re the most technicalCTO out there, you have to get comfortable with this reality. Having a cofounder who loves selling doesn’t (fully) solve for this.
I did a presentation this week at Coloft that looked at how Non-TechnicalFounders can go about getting their MVP built. The second bullet, getting feedback from customers is most often not valid either. And the back-end is something that a non-technicalfounder can manage. To prove/disprove a hypothesis.
I always tell entrepreneurs that two heads are better than one, so the first task in many startups is finding a co-founder or two. Giving a co-founder a salary won’t get you the “fire in the belly” you want. Each co-founder should get equity for value, based on these key variables: Lived a key role in a previous startup.
Two heads are better than one, so the first task in many startups is finding a co-founder or two. Giving a co-founder a salary won’t get you the “fire in the belly” you want. Each co-founder should get equity for value, based on these key variables: Lived a key role in a previous startup.
How does a newly hired Chief Technology Officer (CTO) find and grow the islands of innovation inside a large company? How not to waste your first six months as a new CTO thinking you’re making progress when the status quo is working to keep you at bay? But this is the first time he was the CTO of a company this size.
Two more entrepreneurial ventures later, Gleb cofounded online backup provider Backblaze to help consumers affordably, automatically, and safely back up their data. What are the pros and cons of starting a business alone versus with cofounders? How many founders are too many? One” – You have to have a cofounder.
Hiring seems to be the preferred use of seed funds (by investors and founders), whereas I'd prefer a focus on customer acquisition. And that should be the focus of the founders -- to find the special fit that will make your company take off. The startup founder is definitely not ready to hire a CTO. Far from it.
What's Going to Go Wrong A lot of founders don't really understand Lean Startup principles. Have you conducted Problem, Solution and Feature Interviews with customers? Do you have a TechnicalAdvisors: Every Web/Mobile Startup Must Have One ? What's going to go wrong? See Investors, MVPs and Evidence of Traction.
I always tell entrepreneurs that two heads are better than one, so the first task in many startups is finding a cofounder or two. Giving a cofounder a salary won’t get you the “fire in the belly” you want. Each cofounder should get equity for value, based on these key variables: Lived a key role in a previous startup.
I always tell entrepreneurs that two heads are better than one, so the first task in many startups is finding a co-founder or two. Giving a co-founder a salary won’t get you the “fire in the belly” you want. Each co-founder should get equity for value, based on these key variables: Lived a key role in a previous startup.
Every new business I know dreams of building momentum in their business, where growth continues to increase, customers become your best advocates, and employee motivation is high. Unfortunately, with limited resources, this isn’t possible, and it frustrates customers and the team. Focus first on finding more of the right customers.
skip to main | skip to sidebar SoCal CTO Friday, February 23, 2007 Events and Networking in Los Angeles One of the issues I discussed in Innovation and Geography was that the geography and traffic in Los Angeles generally makes it more difficult for networking. Startup Co-Founders: If You Cant Recruit Em, Should You Join Em?
But these look for founders who have a technical or business model insight and a team. Accelerators provide these teams with technical and business expertise and connect them to a network of other founders and advisors. Carlos stirred his coffee. The Alternative: Venture Studios. Most people don’t fit that pattern.
Wondering how to find the right cofounder but don’t know where to start? If you are a solo founder, you may be able to do it all on your own initially but you’re making it very difficult for yourself. In my opinion, founders or early stage companies should only have a team of two or three people. This will never work.
skip to main | skip to sidebar SoCal CTO Thursday, March 1, 2007 Entreprenuer Network Great post by Ben Kuo - The Importance of the “Network&# to Entrepreneurs - the informal connections between people in the technology industry here who have a vested interest in helping entrepreneurs take their companies to the next level.
I pointed out that the “data” you gather in 10 weeks (talking to 100+ customers, partners, payers, etc.,) Now that you’ve gotten to know your potential channel and customers, regardless of how much money you’re going to make, will you enjoy working with these customers for the next 3 or 4 years? see 0:30 in the video below).
Unfortunately many founders I work with as a mentor are experts on the technical side, but have no insight into leading a team. The only real alternative is to find a cofounder who can build and lead the team, while you focus on the product. Communicate individual results as well as team results to everyone.
Even if they realize that they need real technical strength at the top, they are not sure how to attract and select the talent and expertise they really need. That means every entrepreneur needs to learn how to attract, hire, and manage technical people for their team. Don’t fall for a technical pitch you can’t fathom.
skip to main | skip to sidebar SoCal CTO Tuesday, February 27, 2007 Stanford Podcasts - eHarmony - Greg Waldorf I was just pointed to a set of great podcasts done by Stanford B-School and particularly, I just listed to the podcast by eHarmonys Greg Waldorf. He has twenty years’ experience as a CTO.
skip to main | skip to sidebar SoCal CTO Tuesday, February 20, 2007 Innovation and Geography I ran across a post in Read/Write Web - Does Location Matter in Web Innovation? eHarmongy) as an acting CTO. My only other complaint is that right now its very hard to find good technical people at all levels.
skip to main | skip to sidebar SoCal CTO Saturday, February 17, 2007 Finding Good Developers in Los Angeles? Im part of a CTO group that meets once a month to discuss various topics. He has twenty years’ experience as a CTO. He has been the CTO for several start-ups, most notably eHarmony.
skip to main | skip to sidebar SoCal CTO Friday, March 9, 2007 Map of VC Investments Found this Map of 2006 VC Investments post. He has twenty years’ experience as a CTO. He has been the CTO for several start-ups, most notably eHarmony. ► February (2) CTOFounders / Cofounders Part-Time Startup CTO?
Tony Karrer is CEO/CTO of TechEmpower , a Los Angeles Web Development firm, and is considered one of the top technologists in e-Learning. He has twenty years’ experience as a CTO. He has been the CTO for several start-ups, most notably eHarmony. ► February (2) CTOFounders / Cofounders Part-Time Startup CTO?
skip to main | skip to sidebar SoCal CTO Saturday, February 17, 2007 About this Blog Ive been thinking about doing a blog with my thoughts on technology and whats happening in the Los Angeles area technology scene for a while, but it was Ben Kuos recent start of a blog that inspired me to actually go ahead and do it. Thanks Ben.
skip to main | skip to sidebar SoCal CTO Sunday, February 25, 2007 Interesting Model for University President Saw a post by Paul Kedrosky pointing us to Graeme Thickins on How Stanford Does It. He has twenty years’ experience as a CTO. He has been the CTO for several start-ups, most notably eHarmony.
skip to main | skip to sidebar SoCal CTO Wednesday, February 28, 2007 Google Maps Mobile I recently downloaded Google Maps Mobile for my Treo. He has twenty years’ experience as a CTO. He has been the CTO for several start-ups, most notably eHarmony. ► February (2) CTOFounders / Cofounders Part-Time Startup CTO?
skip to main | skip to sidebar SoCal CTO Tuesday, March 13, 2007 8 Ways the Internet has Changed Software Marketing Great post - 8 Ways The Internet Changed Software Marketing - is an interesting take on how different it is these days to market software. He has twenty years’ experience as a CTO. Good stuff.
skip to main | skip to sidebar SoCal CTO Tuesday, March 20, 2007 Kevin Federline Search Engine Just saw a post - Sleep with a pop star, get your own branded search engine. He has twenty years’ experience as a CTO. He has been the CTO for several start-ups, most notably eHarmony.
skip to main | skip to sidebar SoCal CTO Saturday, February 17, 2007 A Different Kind of Incubator - The Hive I recently met with The Hive a new incubator in Orange County. He has twenty years’ experience as a CTO. He has been the CTO for several start-ups, most notably eHarmony.
skip to main | skip to sidebar SoCal CTO Saturday, February 17, 2007 Where LinkedIn Works for Me Ive been a long time user of LinkedIn , but only recently have started getting the benefits I always expected. He has twenty years’ experience as a CTO. He has been the CTO for several start-ups, most notably eHarmony.
skip to main | skip to sidebar SoCal CTO Sunday, February 25, 2007 Challenge of Predicting Winners I just read a bit on the payout to YouTube from the Google Acquisition ( Internet News , CNN ). He has twenty years’ experience as a CTO. He has been the CTO for several start-ups, most notably eHarmony.
skip to main | skip to sidebar SoCal CTO Monday, March 12, 2007 MyShape Article - Analyst Misses the Point The NY Times did a piece today on MyShape, a start-up in Pasadena - Log in Your Measurements, and the Clothes May Fit. He has twenty years’ experience as a CTO. Attorney and Startup Business Advisor – Aaron Shec.
Common revenue streams are consulting, training, support, customization, upgraded versions for corporate applications, etc. He has twenty years’ experience as a CTO. He has been the CTO for several start-ups, most notably eHarmony. ► February (2) CTOFounders / Cofounders Part-Time Startup CTO?
In my role as an advisor to entrepreneurs, I often find founders who have such conviction and passion for their new idea, that they can’t believe anyone could challenge it. They bristle quickly when investors or even potential customers raise issues with real value, competition, risk, and sustainability. It’s been done before.
skip to main | skip to sidebar SoCal CTO Tuesday, March 20, 2007 Time Rich, Time Poor and Apple Jeremy Liew at Lightspeed Venture Partners has an interesting post: Time Rich or Time Poor? He has twenty years’ experience as a CTO. He has been the CTO for several start-ups, most notably eHarmony.
In my experience as a business advisor, that’s probably the biggest hurdle to success encountered by every new business owner. Your biggest challenge may be members of your own family, some of your best customers, or a key business partner or investor. Always be civil and diplomatic, and don’t allow emotions to cloud the situation.
The report was co-authored by Berkeley and Stanford faculty members along with other contributors including Steve Blank , the Sandbox Network and blackbox teams. Founders that learn are more successful. Solo founders take 3.6x Technical-heavy founding teams are 3.3x Technical-heavy founding teams are 3.3x
Passionate – is the company/product/customers the most important thing in your life? And I remind them that they should be bringing some type of domain expertise (technical or business) to the table. This is the minimum feature set for founders. Founders know they want to start something. The Adventure of a Lifetime.
In my role as an advisor to entrepreneurs, I often find founders who have such conviction and passion for their new idea, that they can’t believe anyone could challenge it. They bristle quickly when investors or even potential customers raise issues with real value, competition, risk, and sustainability. It’s been done before.
The email continued, &# The problem I’m working on is that many founders are either making uninformed decisions or inefficiently learning the new skills they need. The solution I’m exploring is a just in time learning methodology that accelerates founders’ learning curve by aggregating relevant content, peers and mentors.&#.
“iWoz: Computer Geek to Cult Icon: How I Invented the Personal Computer, Co-Founded Apple, and Had Fun Doing It” by Steve Wozniak and Gina Smith. This is the only authorized biography of the iconic Apple co-founder, written by gifted biographer Walter Isaacson. “Steve Jobs” by Walter Isaacson. .”
This start-up is headed by industry-leading professionals including its CEO and co-founder, Ido Susan, and Hillel Kobrinsky the CSO and co-founder. Intezer.com is headed by Itai Tevet, the CEO, Roy Halevi the CTO, and Alon Cohen Executive Chairman and Founding Investor. Namogoo.com. oz-code.com.
Finding TechnicalCofounders Is Hard. Yesterday, Michael Pope posted an article titled TechnicalCofounders Are a Myth. He argued that software engineers don’t finish what they start, and that you’re better off paying a technical person than partnering with one. Tuesday, August 17, 2010.
skip to main | skip to sidebar SoCal CTO Thursday, March 22, 2007 Discussion Creation Among Bloggers - LinkedIn, Blogging and Discussion Groups Ive been participating in a Yahoo Group that are users of LinkedIn and who are Bloggers: [link] Its an interesting group of folks from diverse backgrounds.
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