Posts Taged start-up

Fast Company 30 sec mba

I recently was asked to answer some questions as part of the 30 sec MBA series on I was humbled to be asked to be in the company of some great thought leaders. Take a look and let me know what you think.

Daily Digest 3_10_10

“Net Neutrality is a Muddle”

I thought this was a great statement and sums up what I have been saying for a while now. People are not being given all the information about why the currently proposed Net Neutrality changes will not work to their benefit. Esther Dyson talks about this and how two tiered pricing is not necessarily a bad thing. The most important part of the dialogue is that she gives concrete reasons why!!!!  Something i have repeatedly said the the current proponents of Net Neutrality have yet to be able to do. People also don’t understand that tiers of Internet access already exist and that most of us are on the lowest tier and are doing fine. The big issue is that there are heavy users who are bogging down that tier and will continue to do so to your detriment unless new structures are put in place.

The National Broadband Plan is Coming to Town. Did You Know?

Most people are not aware that the FCC is working on a National Broadband Plan that should create provisions to ensure that at some point in the future everyone has access to the Internet and then those who have access to it are given the knowledge on how to use it to their benefit. This is a pretty big deal and It’s important for all of us to understand the issues involved and how this plan will affect our future. Give these two articles a read and start the dialogue with your friends.

Get Serious about College With a Virtual Advisor

As part of my commiment to show different examples of things you can do with a broadband internet connection I present MYedu is a service that allows you start building a plan towards your college goals right now and see that plan all the way through to graduation. What I like about this service is that is gets you and your child thinking about how to plan for college now and also puts tools in place for when you get there. Take a look a let me know what you think.

Creating a new generation of technology entrepreneurs Part 3: Get ready to bring your “A” game and turn your haters into your motivators

This is part  3 of my  series  “Creating the next generation of entrepreneurs.” You can read  part 1 and part 2 here as well. First, let me say thank you for all the feedback on my earlier posts. I don’t pretend to know everything, but I have been blessed with some great experiences and I feel compelled to share what I have learned from them with the hope that they help you in some way or at least get you thinking about these topics.  I plan to write more often as the New Year begins.  As you get ready for the holiday many of us will have some down time on our hands, so I wanted to share some things to think about during that time. I also know that we will all start the New Year with new resolutions, and my hope is that many of you make the resolution to start your own business (specifically a web business). In the hopes that you do, I wanted to share the advice below.

Once you have made the decision to start on the journey, I believe there are 3 things that are crucial for you to think about.

1.    You have to do your homework so that you’re bringing your “A” game.  Someone else has thought of almost any idea you have come up with. The difference between you and them is knowledge and execution. True story: I met with some potential clients and they shared their idea with me. They wanted to launch a dance site where people could upload dance videos; they could have contests and create a community. They were ready to spend money and work on launching the product. I asked them who they thought their competition was, and they said they felt Myspace was their only competition. I quickly asked if they had ever heard of DanceJam, McHammer’s dance site that has been live for over a year. They replied “ I’ve never heard of that.” My point is that if you don’t research what is already out there, how can you create something unique  (and that’s just one  of the  things you need to think about)?  There is a lot that goes into starting a company, raising capitol and scaling that company Before you make a move spend some time reading sites that talk about this process. Here are a few places that I frequent and a good place for you to start

•  Both Sides of the table: This blog is written by an entrepreneur who is now a venture capitalist. He gives a no-nonsense approach to what to takes to be an entrepreneur.
•  A VC: Fred Wilson, A leading venture vapitalist gives great advice to start-ups on a regular basis
•  Venture Hacks: A great site that offers advice to start-ups
•  37signals blog: This company wrote a book called  “Getting Real” (that you have to read), launched basecamp to become one of the leading project management services online without any outside investment, and -oh yeah- one of the founders created Ruby on Rails ( the language that was used to build Twitter)
•  The small business and Start-up pages of Lists current content from a whole bunch of sites

2.    Immerse yourself in the space: I spend some time everyday reading about start-ups. I’ve watched start-ups go from inception to growth and sometimes to failure on sites like Techcrunch, Mashable, and Blackweb20.  Each time I read about a company, I go to their site and see what changes they have made, how they are communicating with their audience. I look at each story for a chance to educate myself. It’s also good to see that success is possible and that people are winning. You need to find motivation anywhere you can because it’s easy to think there’s no upside.

3.    Believe in yourself, and Let your haters be your motivators:  I was going to write a whole post about this but decided it fit better here. Almost every site I mentioned that talks about what it takes to be successful will tell you that you need tenacity and the ability to be able to turn a “no” into a “yes.”  But I want to speak about the doubt that will surround you throughout the process. From people close to you asking, “what are you thinking?” or “This will never work, you should just get a job,” to people you don’t know who will knock, criticize or downright blast your efforts for whatever reasons they have.  I heard a sermon from TD Jakes not too long ago about turning your haters into your motivators. Use those people to fuel your motivations and press on. If you have done items 1 and 2 in this list and you have an idea your passionate about, then don’t let anyone stop you from having the faith to see it through. And lastly, we have to identify one last person who can de-motivate you. YOU!!! There are going to be many times when you are going to tell yourself it’s time to quit, it’s too hard or nothing seems to be working. I’m here to tell you that’s its at that moment that you are just around the corner from your next success. You just have to turn the corner to find it. There is a great book I read called “founders at work and another called “Once you’re lucky, Twice your good” that give great examples of this.

So as you get ready to plan for the New Year do your homework, get your focus, and get ready to take 2010 by storm. That’s what I’m planning to do. Have a blessed Holiday.