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I did a presentation this week at Coloft that looked at how Non-TechnicalFounders can go about getting their MVP built. Examples might be a recommendation engine, search engine, matching engine or something with a complex interface. We needed the matching algorithm. It had a passionate group of 50 people attending.
by Saeju Jeong, CEO and Co-founder of Noom Coach. Over the years, we’ve been able to understand some of the reasons that co-founderships fail — and more importantly, why a few, like ours, succeed. Here, I outline five principles all co-founders must agree on before working together. It’s inevitable.
I was driving home from the BIO conference in San Diego last month and had lots of time for a phone call with Dave, an ex student and now a founder who wanted to update me on his Customer Discovery progress. Dave was building a mobile app for matching college students who needed to move within a local area with potential local movers.
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.
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.
I used to be in startups where I was dealing with engineers designing our microprocessors or selling supercomputers to research scientists solving really interesting technical problems. You need to decide what your personal goal is and how it matches what you think this business can grow into. My customers were 14-year old boys.
In my role as a business advisor, I see successful businesses most often emerging from great teams rather than great products. Startup investors tell me they invest in a new venture with a higher caliber of people, rather than the product or service, and I agree.
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.
It was all technical. You know, the weird thing, Derek, and I should probably let you speak some time, but I was deeply technical when I went into Andersen consulting, and I got paid much less than engineers who graduated, because I had a degree in economics. Technicalfounder. And my specialty was computer networks.
BizThoughts Thoughts about business, technology, the web & entrepreneurship About Booklist Contact Nov 15 2011 Finding a TechnicalCofounder 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 technicalcofounder.
Especially since VC pattern matching may inappropriately label people this way (can’t sell) who are merely nervous or new to their environment. Can your lack of interest or skill in “selling” be counter-balanced by a cofounder or team that’s great at it? Are you a founder who trained themselves to become a better salesperson?
In my role as a business advisor, I see successful businesses most often emerging from great teams rather than great products. Image via Max Pixel Startup investors tell me they invest in a new venture with a higher caliber of people, rather than the product or service, and I agree.
Home About Contact Me How To Make It as a First-Time Entrepreneur Vinicius Vacanti Guide to Finding a TechnicalCo-Founder September 7, 2010 | View Comments Steve Job's TechnicalCo-Founder “I’ve got this HUGE idea. I just need to find a technicalco-founder.&#
The Scene Developers Nailing that elusive technicalco-founder. Just last week, start-up supremo Naval Ravikant of AngelList wrote how the “oversupply” of founders starting companies is making it harder to hire for the average startup. Are there any ‘Founders Dating’ events coming up?”. Yiannopoulos.
Listen to this episode if you want to hear about a founder who has a product and users and paying customers … and is trying to figure out how to take his company to the next level and grow faster. Another idea would be to say matching up. the sort of pain solution match-up process can work. I first did it for the founder.
In my role as a business advisor, I see successful businesses most often emerging from great teams rather than great products. Startup investors tell me they invest in a new venture with a higher caliber of people, rather than the product or service, and I agree.
In my experience, the initial idea for a new product usually comes from a single entrepreneur, but the implementation plan for a new business requires a team, or at least a co-founder. As a mentor to aspiring business owners, I often get asked to find that partner for them, since founders are usually too busy with their solution.
In this post, I describe why we prefer to fund companies whose founder will run the company as its CEO. As we looked at the history of great technology companies, we discovered that founders ran an overwhelming majority of them for a very long time, including: Acer—Stan Shih. Siebel—Tom Siebel. Sony—Akio Morita. Sun—Scott McNeely.
How cofounders can collaborate without going crazy. Q: I would decide what that niche is and that way you can talk to people in that niche and make sure that their world view and viewpoint on this stuff matches yours. What does it mean to have a co-founder or not? I’m part of Women 2.0, Women In Good Company.
Founders Dilemmas: Equity Splits. The following is an excerpt from HBS Professor Noam Wasserman’s new book, The Founders Dilemmas: Anticipating and Avoiding the Pitfalls That Can Sink a Startup. On average, the founders who keep the most control over their company make the least amount of money. Lessons Learned.
Everything is Matching The real promise comes about as we get better tools for navigating all of this. Let’s consider some questions I might have: I want to find a co-founder for my startup. There are many, very interesting and very complex matching problems that need to get solved. Product purchases. Business deals.
My co-hosts were Bob Walsh and Patrick Foley , hosts of the well-known Startup Success Podcast. How cofounders can collaborate without going crazy. Or in co-working spaces it’s not. We are a company of five, and we have two co- founders, myself and Adam Ride. Ryan: C-H-E-X-T. Jason: Wow, Chext.
The mailing list works in two ways: Every two weeks the 10 most interesting listings are e-mailed to more than 40,000 startups on the “Help a Startup Out Digest” listserv, and every week the best technical listings are sent to the “Hackers Digest” listserv. Because there’s a fee to post jobs and resumes, there’s not much spam.
The number two thing is lack of a technicalco-founder. Partner with a Programmer After they have their big idea, most non-technicalfounders set forth to find an engineer to form a partnership. The fact is the technicalco-founder will be doing more work at the start.
I am the founder/coach of Never Settle Coaching, LLC a coaching business. So I cut the corporate cord and co-founded Finespun Clothing. Thanks to Dean Cycon, Dean’s Beans Organic Coffee Co. ! #19 So I sat at home for a year to teach myself about optics and ended up founding Light with my cofounder in 2013.
Great businesses can be built off this network, starting with matching talent and opportunity. Put another way, the ideal financing partner is a financing cofounder. Eric also showed deep technology capabilities, proving our technical chops. The professional domain will be one massively valuable network.
See Also: Got “Founder Fit”? Blackbox cofounder Bjoern Lasse Herrmann says, “Too many startups start building first without talking to customers. One element of risk in licensing your invention is the possibility of an agreement gone wrong, which could end up in a long legal battle and the price to match.
I’ve listed the most common levers that universities use below, with some live examples from Yale: Strong technical departments : Computer Science , Math , Physics. Match students with relevant startup internships. Founder community. So what else can Yale and other universities do? I wrote a blog post on this.
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?
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.
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 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.
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.
link] [link] Posted byTony Karrer at 5:33 PM 0comments: Post a Comment Newer Post Older Post Home Subscribe to: Post Comments (Atom) About Me Tony Karrer Dr. 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.
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.
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.
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.
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