October, 2010

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What Tech Entrepreneurs Could Learn from Chamillionaire

Both Sides of the Table

On why you should be an entrepreneur, “A lot of people do what they have to do. You want to get yourself to a position where you can do what you want to do&# (Chamillionaire). Last night I co-hosted a dinner at Soho House in Los Angeles with some of the most senior people in the media industry with executives from Disney, Fox, Warner, media agencies and many promising tech & media startup CEO’s.

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If you build it, they won't come, unless.

A Smart Bear: Startups and Marketing for Geeks

This is Part 5 of the 5-part series: 5 lessons from 150 startup pitches. Ask a technical founder about his startup, and he'll proudly describe his stunning software — simple, compelling, useful, fun. Then he'll describe his cutting-edge platform — cloud-based, scalable, distributed version control, continuous integration, one-click-deploy.

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Internet Business Lingo Quiz for Entrepreneurs

Startup Professionals Musings

Many of the investors and entrepreneurs I know still don’t realize that they need to use and understand the Internet, even if their business is not e-commerce. Maybe you have also heard a lot of Internet terms, but are not sure you can explain how, when, and why they are relevant to your business success. Here is a quick test of your real Internet savvy.

Internet 224
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Need a Technical Co-founder? Hire a Product Design Lead First

This is going to be BIG.

Every business person with a dollar and a dream these days thinks they’re a technical co-founder away from interweb stardom. It’s great if you can find one—but even if you can, I’m not sure it’s always the best move. That’s counter to what I used to think before, but I’ve done some more thinking about it. The reality is, a lot of the stuff being built now isn’t rocket science.

Cofounder 144
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Building Healthy Innovation Ecosystems for Your Projects

Speaker: Nick Noreña, Innovation Coach and Advisor, Kromatic

Every startup and innovation project exists within an ecosystem that either helps or hurts that project. As innovation managers, we need to keep a pulse of that ecosystem and make sure we're helping those innovation projects we're managing every step of the way. In this webinar, Nick Noreña will walk through an Innovation Ecosystem Model that he and his team at Kromatic have developed to help investors, heads of product, teachers, and executives understand how they can best support innovation in

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Excerpt from "Do More Faster" - Avoid Co-Founder Conflict by Dharmesh Shah

ReadWriteStart

Do More Faster: TechStars Lessons to Accelerate Your Startup is the new book by David Cohen , founder and CEO of TechStars, and Brad Feld , managing director of Foundry Group. Contributors include dozens of TechStars mentors and founder alumni, including Dharmesh Shah the founder and CEO of HubSpot and the curator of the OnStartups blog and community.

Cofounder 128
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Q&A With The Founders Of AgileZen

Feld Thoughts

In April I wrote a post about Rally acquiring AgileZen. I’ve been an investor in Rally from the very early days and am incredibly proud of what the team there has created. As I’ve written in the past, I encourage companies I’m an investor in to continually explore small acquisitions when entrepreneurs have created something that is on their roadmap.

Founder 122

More Trending

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Case Study: Rapid iteration with hardware

Startup Lessons Learned

(I am often asked to explain how to apply Lean Startup approaches to domains beyond software. In order to answer, I have taken to drawing a two-axis diagram. On one axis we have the degree of market uncertainty for a given industry. For "cure for cancer" type businesses, there is no question about who the customer is and what the customer wants, and therefore there is no market uncertainty.

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Six Entrepreneur Skills That Angel Investors Love

Startup Professionals Musings

I’ve noticed that some entrepreneurs seem to have no trouble attracting investors, while others with a great business plan struggle with it. The reality is that angel investors are humans, and personal traits often make or break the relationship, even before the investment is considered. On the top line, angel investors look to invest in entrepreneurs that have an almost unwavering passion and sense of urgency.

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How to Start a Startup

www.paulgraham.com

Want to start a startup? Get funded by Y Combinator. March 2005 (This essay is derived from a talk at the Harvard ComputerSociety.) You need three things to create a successful startup: to start withgood people, to make something customers actually want, and to spendas little money as possible. Most startups that fail do it becausethey fail at one of these.

Startup 105
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Strategy Roundtable: Try To Get At Least $2M Pre-Money In Seed Round Valuation

ReadWriteStart

At today's roundtable we had some interesting companies and a lot of fundraising discussions, and I will review them shortly. Before I do, however, I want to talk about a thumb rule that I'd like to propose to entrepreneurs about raising money. Bottom line, early stage equity is very, very expensive. So at any point, if you are trying to raise money, and you are hearing from investors that you are too early and have too little validation, it may be a good thing.

Valuation 119
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Twitter Link Roundup #58 – Small Business, Social Media, Design, Copywriting, Marketing And More

crowdSPRING Blog

Every day on the crowdSPRING Twitter account and on my own Twitter account , I post links to posts or videos I enjoyed reading or viewing. These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! Here are some of the links that I’ve liked and shared this past week!

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The Four Main Things that Investors Look for in a Startup

Both Sides of the Table

I obviously don’t speak for all investors. But in my experience as an entrepreneur and now spending my time amongst investors I can generalize that almost all VC investments in early stage technology & Internet investments come down to just four key factors. And they’re easy to remember because they all begin with an M: management, market, money and above all else momentum.

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A Robotic Ball Controlled By A Smart Phone

Feld Thoughts

This summer I made two new friends who completely blew my mind – Ian Bernstein and Adam Wilson. I met them through TechStars – they were founders of Orbotix , one of the 11 teams to go through this TechStars Boulder this summer. Today, Foundry Group announced that it has led an investment in Orbotix. I’m always on the lookout for what I consider to be genius level software engineering talent.

Seattle 121
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Five Steps To Social Media Success for Startups

Startup Professionals Musings

Everyone is talking about how social media can help you jumpstart your business at no cost, and experts are springing up on all sides to help you do it at a high cost. So who do you believe, and what are the keys to success for your startup? I’ll put my money on one of the originals in the social media marketing game, my friend Lon Safko, who just published his Second Edition of the bestselling book, “ The Social Media Bible.

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HOW TO: Build an App for Your Small Business

mashable.com

Top Topics Twitter YouTube Facebook iPhone Google Video Google Buzz Social media Android MARKETING Advertise Network Blippr iPhone App Mashable France MashDeck Twitter App Mobile Site Social Media Events Twitter Guide Book Facebook Guide Book Partners App Development WordPress Experts MaxCDN Content Delivery Dynect Managed DNS Rackspace Hosting Intridea About Us Submit a Tip!

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Excerpt From "Do More Faster" by David Cohen and Brad Feld

ReadWriteStart

Do More Faster: TechStars Lessons to Accelerate Your Startup , the new book by David Cohen , founder and CEO of TechStars, and Brad Feld , managing director of Foundry Group, came out this week, and the authors are in the middle of a fast-paced tour around the U.S. The impetus behind the year-long book project, according to Cohen, was "to try to capture the phrases that seem to be repeated often in the context of the program.

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Twitter Link Roundup #57 – Small Business, Social Media, Design, Copywriting, Marketing And More

crowdSPRING Blog

Every day on the crowdSPRING Twitter account and on my own Twitter account , I post links to posts or videos I enjoyed reading or viewing. These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! Here are some of the links that I’ve liked and shared this past week!

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Startup Sales – Why Hiring Seasoned Reps May Not Work

Both Sides of the Table

A while back I wrote a bunch of posts on Sales & Marketing and have been meaning to get back to that theme for a while. Even if you don’t have “direct&# sales I would tell you that “everything is a sale&# including fund raising, hiring, getting press and doing business development. So I hope these posts will be useful to all and not just those who need road warriors.

Hiring 346
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Kajabi – Is It Really That Good?

Entrepreneurs-Journey.com by Yaro Starak

I spent an entire hour watching the sales video for a new product you probably have heard of, it’s called… Kajabi You can watch the video for yourself right here – What Is Kajabi? – and then sign up for a 14 day trial (the trial option may be over depending when you read this blog post). I wrote previously about Kajabi and some of the competing content marketing systems available to us who sell information online in this blog post – Which Content Management System I

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Avoid Hiring Pitfalls When Staffing a New Venture

Startup Professionals Musings

By Ernst Gemassmer Hiring the right people into the right positions of a new company is critical to getting funded, and the right people are as critical to success as the funding. Yet the hiring process in most small companies is usually haphazard, and low priority compared to all the other work that needs to get done. The solution is to make this function one of your highest priority tasks, and formalize the process to avoid the following common hiring mistakes: Desperation hiring without a pla

Hiring 230
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HOW TO: Connect with Other Entrepreneurs Online

mashable.com

Top Topics Twitter YouTube Facebook iPhone Google Video Google Buzz Social media Android MARKETING Advertise Network Blippr iPhone App Mashable France MashDeck Twitter App Mobile Site Social Media Events Twitter Guide Book Facebook Guide Book Partners App Development WordPress Experts MaxCDN Content Delivery Dynect Managed DNS Rackspace Hosting Intridea About Us Submit a Tip!

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New Funding Recommendation Engine Helps Startups Find Investors (Invites)

ReadWriteStart

Identifying the right investors to approach for funding your startup can be challenging. ChubbyBrain hopes to make make that a little easier and equip entrepreneurs with more information and options with the launch today of its Funding Recommendation Engine. The free services utilizes data from CB Insights , whose investment research we often cite here at ReadWriteWeb as a gauge of industry and investment patterns.

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Twitter Link Roundup #56 – Small Business, Social Media, Design, Copywriting, Marketing And More

crowdSPRING Blog

Every day on the crowdSPRING Twitter account and on my own Twitter account , I post links to posts or videos I enjoyed reading or viewing. These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! Here are some of the links that I’ve liked and shared this past week!

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Want to Work in VC? Here’s How

Both Sides of the Table

I’m often asked by people, “how do I get into VC?&# and I normally respond by saying, “there is no easy path. It’s often a combination of luck, relationships & timing. Often these jobs aren’t even publicized.&#. Well, I know 3-4 VC jobs that are publicly available. GRP Partners is looking to hire two analysts (maybe even three) to join our practice in Los Angeles.

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Which Content Management System Is Best For Selling Information Online?

Entrepreneurs-Journey.com by Yaro Starak

Three years ago I began the search for a technology setup to market and deliver my first information product online. Although I made a decision and eventually launched my product, I would continue to change systems as I ran up against problems with the technology. Gideon Shalwick and I have had a conversation over and over again, lamenting the lack of a truly robust software tool designed for Internet marketers to sell information online.

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Understanding the Dreaded Investor Due Diligence

Startup Professionals Musings

After you have successfully attracted angels or venture capital with your business case, your million dollar product idea, and you have a signed term sheet, there is still one more hurdle to overcome before investors write the check. This is the dreaded “due diligence” process. For no good reason, this process seems shrouded in mystery, when in fact it is nothing more than a final integrity check on all aspects of your business model, team, product, customers, and plan.

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The 18 Mistakes That Kill Startups

www.paulgraham.com

Want to start a startup? Get funded by Y Combinator. October 2006 In the Q & A period after a recent talk, someone asked what madestartups fail. After standing there gaping for a few seconds Irealized this was kind of a trick question. Its equivalent toasking how to make a startup succeed—if you avoid every cause offailure, you succeed—and thats too big a question to answer onthe fly.

Startup 108
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Why You Should Start Marketing the Day You Start Coding

Software By Rob

Software by Rob Passionate about Startups and MicroISVs Lessons Learned by a Serial Entrepreneur home about press micropreneurs archives ← The #1 Goal of Your Website – Slides from my Business of Software Talk Why You Should Start Marketing the Day You Start Coding Micropreneurship , Startups If youre trying grow your startup youve come to the right place.

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Twitter Link Roundup #55 – Small Business, Social Media, Design, Copywriting, Marketing And More

crowdSPRING Blog

Every day on the crowdSPRING Twitter account and on my own Twitter account , I post links to posts or videos I enjoyed reading or viewing. These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! Here are some of the links that I’ve liked and shared this past week!

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Venture Pitch: A View From the Trenches

Austin Startup

On October 14th Tech Ranch will be hosting a Venture Pitch event, where 10 entrepreneurs will be pitching their idea to a panel including a potential customer, a proven entrepreneur, and a seasoned investor. One of those entrepreneurs is Brian Moeskau. We asked him to tell about the Venture Forth program and his preparation for pitching. Brian is an independent software developer, entrepreneur and proud Longhorn.

Flash 77
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Invest in Israel Newsletter September 2010 Edition

VC Cafe

A s every month, VC Cafe is re-posting the “Invest in Israel” Newsletter, published by the investment promotion center of Israel’s Ministry of Industry, Trade and Labor , which offers many helpful tools for prospecting investors. See the March 2010 edition after the jump. For previous editions, click here. ISRAEL’S WEF RANKING IMPROVES TO 24TH PLACE, BOOSTED BY INNOVATION.

Israel 96
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Startups Should Avoid These Social Media Mistakes

Startup Professionals Musings

If your startup can’t be bothered with social media, or has no plan to take advantage of it, then you are definitely at risk these days. But simply jumping in is not enough. Before you start spending money and time being a user, you need to understand how it can help you and your business. Using it randomly or incorrectly is a waste of your precious time.

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Venture Capitalists, Super Angels and the State of Startup Funding

mashable.com

Top Topics Twitter YouTube Facebook iPhone Google Video Google Buzz Social media Music Business Advertise Network Blippr iPhone App Mashable France MashDeck Twitter App Mobile Site Social Media Events Twitter Guide Book Facebook Guide Book Partners App Development WordPress Experts MaxCDN Content Delivery Dynect Managed DNS Rackspace Hosting Intridea About Us Submit a Tip!

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Hiring Executives: If You’ve Never Done the Job, How Do You Hire Somebody Good?

Ben's Blog

“Concrete shoes won’t help in the river. I don’t care if you is Michael Phelps my n*&#a”. —Lil’ Wayne. The biggest difference between being a great functional manager and being a great general manager—and particularly a great CEO—is that as a general manager, you must hire and manage people who are far more competent at their jobs than you would be at their jobs.

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Product or Service Features Are Rarely A Competitive Advantage

crowdSPRING Blog

Many entrepreneurs and small business owners believe that their new product or service will beat the competition with great new features. Product and service features are rarely a competitive advantage. There are many benefits to “less software&#. I discuss why in the following short 3 minute video. What do you think? Tags: Strategy Technology business marketing start-up tips entrepreneurs features small business smallbiz software development startup.

Product 83
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363 CEOs All Can’t Be Wrong

Growthink Blog

A fantastic October 2010 survey of 363 emerging technology company CEOs by the law firm Dorsey and Whitney is a fantastic snapshot of how the “old Silicon Valley boys club” world is gone forever. Highlights: The Super Angel Funds Are Coming. While individual angel investors still account for the largest percentage of funding for startup entrepreneurs, the new portfolio-based funding models – either in the form of incubators like Y Combinator and Techstars or in the form of Super Angel funds like