skmurphy

Moving From Vision to Engagement With Prospects

I had an e-mail exchange with William Pietri (@williampietri) back in October that I am reproducing here with his permission. I believe that it highlights a set of issues around “being in the grip of a vision”  in a useful way. William Pietri: I’m wondering how Lean Startup founders handle attacks of vision. Do you […]

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The Business is Everyone’s Business

Startups face time pressure and resource scarcity, they need to cultivate effective collaboration among everyone on the team to compensate. They need to act as if the business is everyone’s business. Jack Stack’s “The Great Game of Business” offers some useful models for fostering a shared understanding of the current challenges to enable effective joint

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Listening to Customers

In “Moore’s Law Beats Customer Feedback” Chris Morris highlights a quote by Jensen Huang from an April 8, 2009 talk at the Stanford Technology Ventures Program on “Favoring Moore’s Law Over Customer Feedback”  (Mr. Huang has a number of talks available on Stanford’s Entrepreneurship Corner): “Sometimes you have to ignore your customers and follow Moore’s

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Recurring Problems Have Both Technical and Psychological Roots

Recurring Problems Have Both Technical and Psychological Roots I got an e-mailed question from someone who had watched my “The Limits of I’ll Know It When I See It” video. Q:  In your talk you say “Most recurring problems are a combination of an unsolved technical problem and an unresolved emotional component to that problem.”

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Bootstrappers Breakfast® Invites Milpitas Entrepreneurs to “Eat Problems for Breakfast”

Given Milpitas’ strong commitment to entrepreneurship and new business development, the Bootstrappers Breakfast promise of serious early morning discussions among bootstrappers will have many local entrepreneurs feeling right at home. The focus of the monthly meeting is on technology businesses whose next stage of growth is based on internal cash flow and organic profits. Entrepreneurs

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Early Proposals: Avoiding Consulting for Free

A lot of bootstrappers start out by selling their product or services to friends or people they know and/or have worked with in the past. One of the early thresholds a team crosses is making the transition to “selling to strangers” (see the “Startup Maturity Checklist” for some relevant questions) and they can get tripped

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George Grellas Answers Questions at Feb-16 Bootstrapper Breakfast in Sunnyvale

Join us tomorrow, Tuesday, February 16, in Sunnyvale where George Grellas will present a short legal guide for entrepreneurs. George is a veteran Silicon Valley startup business lawyer who heads a boutique firm that specializes in early-stage technology startups. Since 1984, as a founders’ lawyer, George has worked with thousands of entrepreneurs in helping them

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Ripple

Customer Development Helps Entrepreneurs Assess the Value of an Invention

Colin Cherry in “The Telephone System: Creator of Mobility and Social Change” makes the point that the full impact of an invention is very difficult to predict. Invention Alters Society In Ways That Were At First Unthinkable Inventions themselves are not revolutions; neither are they the cause of revolutions. Their powers for change lie in

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I Don’t Understand, We Won the Argument, Why Didn’t We Win The Sale?

It’s Rare That You Are Actually Bringing Fire To The Savages If you think you are so much smarter than your customers that you are “bringing fire to the savages” you will find it hard to learn from them and hard to actually close deals. What follows are three true stories. We Won The Argument,

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Verdafero Profiled by SJ BizJournal “Sustainability Planning Over the Web”

I was pleased to see that Verdafero, a firm we have been advising for about a year, was selected last Friday by the San Jose Business Journal for their “The Pitch” column. The article, “Palo Alto’s Verdafero Offers Sustainability Planning Over the Web,” ran in the February 5th print edition: THE BUSINESS: Verdafero has developed

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Saras Sarasvathy’s Effectual Reasoning Model for Expert Entrepreneurs

Update Feb-24-2011: Since I first wrote this in 2010 the Effectuation.Org site has been considerably upgraded and contains a lot more information on research on entrepreneurship by Saras Sarasvathy. Recapping ideas, papers, and books that had changed my life yesterday reminded me of Saras Sarasvathy’s Effectual Reasoning Model from her 2001 paper “What Makes Entrepreneurs

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Articles, Ideas, and Books That Made Me a Better Entrepreneur

This is a start articulating a set of resources for entrepreneurs that are for the most part not yet widely appreciated as applicable to entrepreneurship but that have had a significant impact on my perspective. I welcome any suggestions or lists from readers for what has influenced you, and opened you to new perspectives on your

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