What follows are excerpts from a commencement speech given by David Foster Wallace to the 2005 graduating class at Kenyon College. I thought they were an appropriate antidote to a model for entrepreneurial motivation that aspires to make enough money to do whatever you want. Wallace outlines some of the risks in failing to align […]
David Foster Wallace: The Only Choice We Get is What to Worship Read More »
Conversations with prospects unfold in real time: you must listen for what’s said and not said, manage your emotions, and understand the implications.
Conversations With Prospects: Practice, Review, Share Notes, Ask for Feedback Read More »
Shared situational awareness means that a team has reached–and maintains–a working consensus on the objective reality they must deal with.
The Wit to See and Understand Objective Reality Read More »
In Reamde, Neal Stephenson captures the value that a company founder can continue to provide after significant growth: change agent.
Founder as Change Agent from Reamde Read More »
The following interview is constructed from e-mails and skype calls from February to April 2012 with Arun Kumar of Kerika. See also this video: https://vimeo.com/24502212 and the Kerika blog for more info on Kerika. Q: Can you talk a little bit about your background I started off as a Physics major at IIT Delhi, a
Founders Story: Arun Kumar of Kerika Read More »
Sid Faulkner, CFO of Ciranova gave a talk today on “Navigating the Treacherous Path of Mergers and Acquisitions” at an event at Abbot Stringham and Lynch. Mr. Faulkner was Vice President and Chief Financial Officer of Oak Technology, Inc. where he led the 1995 initial and secondary public stock offerings, established an active program of
Three Tips from Sid Faulkner For Preparing To Sell Your Startup Read More »
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Quotes For Entrepreneurs–April 2012 Read More »
“Beta customer” blurs beta tester, beta user, and early customer. If you sell to business, beta customers are early customers, not beta testers.
A Beta Customer Is Not A Tester Or A User But An Early Customer Read More »
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Quotes For Entrepreneurs–March 2012 Read More »
This is Sean Murphy for SKMurphy, Inc. I want to talk to you about our startup stages model and understanding that risk reducing milestones that separate each stage. We break the startup journey into five stages. In each stage you will explore different options and converge on a key risk reducing milestone. Starting from idea
Startup Stages Overview Video Read More »
Relationships can be very instrumental in the success of a consulting practice. When building a practice, consultants need to build business relationships with a variety of potential partners. Understanding the power of these relationships — and establishing trust and confidence — is one of the keys to growing your business effectively. Sean Murphy is the
Early focus on a niche market (a small market) enables a startup to achieve “small wins” faster (and experience “small losses” instead of large ones). Over time these accumulate into larger wins.
Small Wins Enable Larger Wins Read More »
“In a small way, every talent acquisition poisons the well for future, bootstrapped startups. It erodes the confidence of users and potential customers. People put their company blog on Posterous, they add their business to GoWalla, they gave AdGrok a few hours of their time, etcetera, etcetera. I’m not saying I would turn down the
Honor Customer Commitments To Avoid Poisoning the Well Read More »
The first observation of a new insight is often published in a lab notebook or personal journal or as notes from a meeting that captured an anecdote. Self-publishing often marks the first generation of new knowledge because “new” is often hard to comprehend and not accepted by the status quo or established publication channels. If
Self-Publishing Often Marks The First Generation of New Knowledge Read More »
This originally appeared in my “Entrepreneurial Engineer” column in EETimes as “Linc Jepson’s 74ze leverages Russian and American engineering talent to persevere” on Jan-18-2011. I have added some additional hyperlinks in this version. Linc Jepson studied Electrical Engineering at Tufts and after he graduated with his BSEE he was drawn to Silicon Valley’s technology boom
Founder Story: Linc Jepson, 74ze Read More »
Last week was a thought provoking one for me with Big Data Camp on Mon February 27, a “Great Demo” workshop on February 29, and a tour of the Strata 2012 exhibit hall on March 1. I encountered either examples or stories of visualizations that required hundreds to thousands of CPU hours to create at
A Picture Is Worth a Thousand CPU Hours Read More »
Alberto Savoia defines pretotyping as determining that you are “building the right product before you invest in building your product right.” His book “Pretotype It” (Second Edition available as a Free PDF or on Kindle for $0.99) lists a set of seven techniques for pretotyping on pages 39-40. This post analyzes and elaborates on the techniques
Pretotyping – Techniques for Building the Right Product Read More »
Some comments on Rich Skrenta’s observation: “I think it’s still a long time before we’ll have building codes for software.”
Building Codes For Software Read More »
Startups originate in the mind of an entrepreneur, often as the result of observing something that seems odd, or is the result of juxtaposing two or three seeming unrelated or even incongruous ideas. The first challenge the entrepreneur faces turn his insight into something others can critique and improve upon: to show them sketches of
Sketching The Likeness Of An Imaginary Business Read More »
This originally appeared in my “Entrepreneurial Engineer” column in EETimes as “Octopart helps nearly a half a million people find the part they need every month” on Mar-3-2011. I have added some additional hyperlinks in this version. I originally made a note to blog about Octopart in October of 2007 and again in April of
Founder Story Sam Wurzel, Octopart Read More »
