bizthoughts.mikelee.org

MARCH 8, 2012

BizThoughts Thoughts about business, technology, the web & entrepreneurship About Booklist Contact Nov 15 2011 Finding a Technical Cofounder By Mike Lee Categories: Entrepreneurship , Leadership Since I have a technical background, I get about one offer a month to join some engineering team, or to be a technical cofounder.

Technical Cofounder 40

Technical Cofounder Cofounder Technical Review Software Review 40

Jeff Hilimire

OCTOBER 8, 2014

My name is Richard Simms and, I am a Cofounder of Tech Talent South. Our mission at TTS is to develop more tech talent in the South through beginner-focused programs teaching web development and computer programming. Did you grow up thinking you’d be an entrepreneur? Who are you and what do you do?

Cofounder 68

Cofounder Charlotte Raleigh Atlanta 68

Startup Professionals Musings

JANUARY 2, 2019

Most of you aspiring entrepreneurs have no idea how dramatically your own role has to evolve as you develop a solution, start a business, and expect it to scale into a successful self-managed company. At this stage, I typically find a solo entrepreneur who creates, manages projects, directs, and oversees every step in the process.

Leadership 248

Leadership Technical Review Cofounder Social Media 248

Hearpreneur

JANUARY 28, 2022

Enventys Partners was born when my company Command Partners, a digital marketing firm, vertically merged with Enventys, a product development firm. Our business name is a product of an online naming contest back when we were still starting. #9- A merger of two companies. Photo Credit: Roy Morejon. 10- From a naming contest.

Naming 161

Naming Entrepreneur Jordan Merger 161

YoungUpstarts

APRIL 17, 2018

by Felix Winstone, Co-Founder and Managing Director at Talkative. As a new entrepreneur or business owner, the most important thing you will do is hire talent. As a startup co-founder with a growing team, here are the recruiting tips I’ve learnt over the last couple of years. Hiring = Sales. Be Specific.

Cofounder 164

Cofounder Elevator Pitch Hiring Dividend 164

Startup Professionals Musings

DECEMBER 24, 2018

Most aspiring entrepreneurs are convinced that their idea and passion are so great that failure is not a possibility. Plan to and assemble the right team, including co-founders. You need skills in finance, operations, and marketing to supplement product development, and more hours of work than one person can manage.

Angel Investor 249

Angel Investor Cofounder Finance Operations 249

Hearpreneur

JANUARY 7, 2022

By establishing a company dedicated to inventive and speedy product development, I am able to use cutting-edge technologies and consistently innovate faster than competitors. I started Pi Tech because I enjoy launching and iterating software products. Historically, lighting equipment advanced at a glacial pace.

Entrepreneur 127

Entrepreneur Technical Review Software Review Non-Compete 127

View from Seed

DECEMBER 6, 2018

Another affinity-based co-working space? As a seed stage VC, I have a unique privilege of confidentially spending time with a number of entrepreneurs throughout their company formation and initial product development process. And it’s amazed me how many times I’ve seen two or more entirely separate groups of founders?—?without

Seed Stage 120

Seed Stage Startup Cofounder Stealth 120

Startup Lessons Learned

APRIL 26, 2009

Lessons Learned by Eric Ries Sunday, April 26, 2009 Product development leverage Leverage has once again become a dirty word in the world of finance, and rightly so. But I want to talk about a different kind of leverage, the kind that you can get in product development. Its a key lean startup concept.

Product Development 88

Product Development Developer San Francisco Product 88

Startup Professionals Musings

AUGUST 25, 2017

This technology is not only spawning a new generation of entrepreneurs, but is also changing the educational landscape, all the way down to early grade school. In my view as an advisor to new ventures, the Maker Movement is an integral part of a new age of the entrepreneur. Provides networking with cofounders and strategic partners.

Technical Cofounder 153

Technical Cofounder Intellectual Property Wiki Cofounder 153

David Teten

OCTOBER 1, 2015

Should you co-found your company with a software development shop? I’ve seen a range of options for supporting entrepreneurs, which I can rank from least to most involvement in companies by investors: financier VCs, e.g., Correlation Ventures. The question is: how should they be compensated when cofounding a company?

Software Development 60

Software Development Software Developers Software Review Technical Cofounder 60

Steve Blank

APRIL 23, 2018

The entrepreneur who founded and grew the largest startup in the world to $10 billion in revenue and got fired is someone you have probably never heard of. If you’re following Tesla, you might be interested to know that Sloan wasn’t the founder of GM. The founder of what became General Motors was William (Billy) Durant.

Michigan 299

Michigan Cofounder Stock Forecast 299

The Equity Kicker

AUGUST 20, 2014

I’m reproducing in full here because it’s a great explanation of our solo-founder hypothesis and how we work more generally. Are you a solo founder with an idea? Snaptrip started as an idea, an excel spreadsheet and a passionate founder called Matt. THE DYNAMIC BETWEEN FOUNDER AND TEAM. FINDING A COFOUNDER.

Cofounder 95

Cofounder Founder Technical Cofounder Technical Review 95

Business Plan Blog

OCTOBER 4, 2013

If you have a technical background and you are focused on product development, consider a co-founder with a sales and marketing background that can focus on selling your world class product. Don’t make everyone a founder. Having too many co-founders will only lead to your eventual dilution.

Part-Time VPE 79

Part-Time VPE Fractional VPE Cofounder CTO Hire 79

View from Seed

MAY 11, 2016

Investors love the idea of backing second-time founders, especially if they have had success in their last company. etc… In addition, first-time founders I speak to often talk about how much they have learned and how they resolve to do things differently and better the next time. Is there a sophomore slump to avoid?

Founder 159

Founder Cofounder CTO Hire Early Stage 159

Both Sides of the Table

DECEMBER 16, 2009

This is part of my new series on what makes an entrepreneur successful. I originally posted it on VentureHacks , one of my favorite websites for entrepreneurs. They spot opportunities that aren’t being met and the design products to meet these needs. We couldn’t cut product development (we had 23 people!)

Entrepreneur 306

Entrepreneur Burn Rate Cofounder Sales 306

Startup Professionals Musings

SEPTEMBER 20, 2021

Thus entrepreneurs were able to build prototypes and design new products without the traditional huge prototyping cost. The movement has long since spread across the country and across the globe, spawning innovative products such as the MakerBot Digitizer and all the things you can access from Thingiverse.com.

Startup 397

Startup Cofounder Incubator California 397

Startup Lessons Learned

SEPTEMBER 22, 2008

Lessons Learned by Eric Ries Monday, September 22, 2008 Thoughts on scientific product development I enjoyed reading a post today from Laserlike (Mike Speiser), on Scientific product development. I agree with the less is more product development approach, but for a different reason. Now that is fun.

Product Development 68

Product Development Developer San Francisco Product 68

Startup Professionals Musings

OCTOBER 19, 2015

That’s why I recommend that they find a co-founder who loves business challenges, including marketing and finance. Thus it’s a waste of time for most entrepreneurs to be looking for investors until they have a product and some customer revenue. Most founders bootstrap product development.

Technical Review 120

Technical Review Intellectual Property Cofounder Bootstrapping 120

Up and Running

MAY 15, 2014

When it comes to this topic, I’ve sought counsel from mentors, fellow entrepreneurs, and numerous resources available online. As an entrepreneur raised in the era of analytics, I want to find metrics for everything. As an entrepreneur raised in the era of analytics, I want to find metrics for everything. Why did I think that?

Partner 113

Partner Cofounder Equity Metrics 113

Steve Blank

SEPTEMBER 5, 2018

Jeff Katzenberg has a great track record – head of the studio at Paramount, chairman of Disney Studios, co-founder of DreamWorks and now chairman of NewTV. Most entrepreneurs today don’t remember the Dot-Com bubble of 1995 or the Dot-Com crash that followed in 2000. It has to find product-market fit before running out of cash.

Lean 335

Lean Burn Rate Startup IPO 335

Small Business Force

AUGUST 31, 2013

Picking a partner or co-founder isn't like finding a new friend. Just like people that tend to jump into marriages, entrepreneurs tend to get starry-eyed and join forces without thinking through the long-term implications of having a partner. The Entrepreneur's Yoda" knows these things.He's been there.May success be with you!

Cofounder 40

Cofounder Partner Technical Review Founder 40

The Next Web

OCTOBER 3, 2012

Andrew is the co-founder and CTO of Parse.ly , a technology startup that provides big data insights to the web’s best publishers. He wrote: When startups die, the official cause of death is always either running out of money or a critical founder bailing. Editor’s note: This is a guest post by Andrew Montalenti.

Cofounder 155

Cofounder Technical Cofounder Technical Review Software Review 155

Mucker Lab

MAY 28, 2020

This post originally appeared in TechCrunch back in 2015, written by our co-founder and managing partner Erik Rannala. Some entrepreneurs think that (more) money will solve all their company’s problems. Before you indulge in marketing, sales and blinged-out offices, find product-market fit. How do you know you have it?

Startup 78

Startup Cofounder Burn Rate Technical Review 78

Hearpreneur

APRIL 2, 2019

At the forefront of this emerging technology, Cameron Chell is a serial startup entrepreneur and Chairman and co-founder of ICOx Innovations Inc. , I am fortunate to get to be a part of creating and building amazing products and companies.

Cofounder 48

Cofounder Founder Entrepreneur Distribution 48

YoungUpstarts

MAY 3, 2013

by Mike Broderick, co-founder and CEO of Turning Technologies. If you were built to lead instead of follow, a career as an entrepreneur might be right for you. Mike Broderick is cofounder of Turning Technologies and serves as Chief Executive Officer. By doing so, you’ll be well on your way to success.

Cofounder 230

Cofounder Entrepreneur Ohio Aggregator 230

YoungUpstarts

AUGUST 30, 2011

Blackbox , founded by entrepreneurs Bjoern Lasse Herrmann and Max Marmer, in June released its first Startup Genome Report — a 67-page in depth analysis on what makes Silicon Valley startups successful based on profiling over 650 startups. Inconsistent startup outsource 4-5 times as much of their product development than consistent startups.

Silicon Valley 189

Silicon Valley Software Review Startup Cofounder 189

YoungUpstarts

MAY 6, 2019

These people exist and they are called ‘Serial entrepreneurs.’. Serial entrepreneurs are those who understand the complete concept of a startup lifecycle and benefit from that. They make money by starting a product from scratch and then selling it in thousands of dollars. Product development. How are they doing it?

Startup 113

Startup Technical Cofounder Merger Early Stage 113

Startup Lessons Learned

JULY 5, 2010

As all of you know, Steve Blank is the progenitor of Customer Development and author of The Four Steps to the Epiphany. I have personally sold many copies of his book, and continue to recommend it as one of the most important books a startup founder can read. The Entrepreneur’s Guide is an easy read.

Customer Development 166

Customer Development Developer San Francisco Customer 166

The Startup Magazine

AUGUST 11, 2023

It is necessary to cover the early stages of product development, thorough market research, and other processes during the initial step. The criteria change after a company reaches the growth stage when it is deemed to have attained product market fit. After that, the money is used to maintain the company’s expansion.

Seed Stage 125

Seed Stage Technical Review Early Stage Due Diligence 125

David Teten

AUGUST 19, 2019

RBI normally requires founders to pay back their investors with a fixed percentage of revenue until they have finished providing the investor with a fixed return on capital, which they agree upon in advance. For background, see Revenue-Based Investing: A New Option for Founders who Care About Control. Alternative Capital. “

Revenue 60

Revenue Technical Review Software Review Equity 60

David Teten

OCTOBER 1, 2015

So, on one side — you’re the budding entrepreneur with a great idea and the hustle to out-execute anyone with a similar idea. So, can an entrepreneur pair up with a dev shop? The founders’ psychology is probably one of the most important contributors to success of the company.”. Can a shop work for just equity?

Software Development 60

Software Development Software Developers Software Developer 60

crowdSPRING Blog

SEPTEMBER 19, 2014

Inside the Mind of a Technical Founder | OpenView Blog by Larry Kim – crowdspring.co/1u7Fz1b. The Paradoxical Traits of an Entrepreneur | by Jody Porowski – crowdspring.co/1piN6X6. 5 Signs You’ve Got the Wrong Co-Founder – crowdspring.co/1u17ovZ. WordStream – crowdspring.co/1tOs1vg.

Social Media 94

Social Media Small Business Design Media 94

The Next Web

MARCH 6, 2014

Here’s a problem I bet every non-technical founder has experienced: the communication gap between what the biz dev team wants and what the tech team thinks they want, and vice versa. It’s disruptive, and for founders, very frustrating to watch. Kelsey Meyer , Influence & Co. Young Entrepreneur Council'

Technical Review 129

Technical Review Development Team Review Developer Agile 129

David Teten

APRIL 1, 2021

Nick Kim , Crosscut’s Head of Platform, in his presentation at the 4th Annual VC Platform Summit, shared their Platform development methodology, which he viewed as an exercise in product development. For example, recruiting writ large is useful at all stages of development. AskAnything.VC Advantages.

Private Equity 78

Private Equity Venture Capital Portfolio Equity 78

Startup Professionals Musings

SEPTEMBER 26, 2018

One of the big decisions every aspiring entrepreneur has to make is when to quit your current job to devote yourself fulltime to your new startup. Here are some of the key ones I would suggest to every aspiring entrepreneur who doesn’t have a rich uncle, or isn’t sitting on a large nest egg: Make sure this new lifestyle is really for you.

Salary 383

Salary Cofounder Lean Revenue 383

Startup Professionals Musings

JUNE 21, 2014

Thus entrepreneurs began building prototypes and designing new products without the traditional huge investment. The movement has spread across the country and across the globe, spawning innovative products such as the MakerBot Digitizer and all the things you can download from Thingiverse.com. Have you tried it yet?

Entrepreneur 246

Entrepreneur Detroit California Cofounder 246