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Inspiring and useful information from successful start-ups.
Updated on 2009-12-10
Created on 2009-01-28
Category: Business & Finance
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12 Facts About Entrepreneurs That Will Likely Surprise You
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The average and median age of company
founders when they started their current companies was 40 -
69.9 percent of respondents indicated they
were married when they launched their first business. - 2 more annotations...
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Does Slow Growth Equal Slow Death?
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"for pragmatist customers, the first freedom in a rapidly shifting market is order and security. That can only come from rallying around a clear market leader. Once the apparent leader-to-be emerges, pragmatists will support that company, virtually regardless of how arrogant, unresponsive, or overpriced it is."
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You have to trust your employees to do things that you used to be able to do yourself, and nobody does them better than you.
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The Value of TechCrunch50: Mint Acquired by Intuit for $170m Two Years After Winning TC40.
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solve a real problem for people.
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Rob Go's Tumblelog - 2 Thoughts on Competition
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End users do think about jobs that they want to get done and what combination of suppliers can fulfill those jobs.
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The Way I Work, annotated — Matt Mullenweg
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We always start people on a contract basis first; that way we mutually understand what it’s like to work with each other. One of the most important things I look for in résumés is a history of contributing to Open Source projects, because I know these people will understand our ethos.
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I used to think constantly about building an audience for my blog but now my attitude is that if I’m not blogging for myself it’s not worth it. I don’t force myself to post once a day, I just do it when it feels natural.
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Corner Office - The C.E.O., Now Playing On YouTube - Question - NYTimes.com
Makes a great point about Powerpoint presentations.
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Q. Do you have a rule of thumb about how simple the message should be?
A. I say, “Three slides, three points.” You really can’t manage more than three or four things at the most, but I like to see it in three slides. I hate PowerPoint presentations. I learned that from Lodewijk van Wachem, who was the chairman of Zurich when I came here. He’d say, “We don’t need all these slides. If we only have 15 minutes and you come in here with 30 slides, we’re not going to get to the answer.”
Q. So is that a rule at Zurich?
A. Yes. People can submit their presentations, and we can read them. I prefer that people not go through a slide deck. If you’re working in an area, and you are running a business, you ought to be able to stand up there and tell me about your business without referring to a big slide deck.
When you are speaking, people should focus on you and focus on the message. They can’t walk away remembering a whole bunch of different things, so you have to have three or four really key messages that you take them through, and you remind them of what’s important.
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10 Things to Be Clear About Before You Start a Company - ReadWriteStart
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Can you answer any question from anybody, without notes? Do other people ask for your opinion on this subject? People talk a lot about passion. Yes, you need to care, but understanding, knowledge, and expertise carry you through the days when your passion is flagging.
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How Chris Hughes Helped Launch Facebook and the Barack Obama Campaign | Page 6 | Fast Company
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He can't help but obsess about making technology less obsessive and simpler for everyone to use. He has started to Twitter, albeit reluctantly. He worries about how overconnected people are, even himself: "I keep an eye on it." He thinks that Web 2.0 underemphasizes the real world and that businesses trying to tap the technology often miss the main point. His philosophy, he says, is unchanged from his first involvement with Facebook: "It doesn't matter if it's a company or a campaign; you build around commonality. If it's real people and real communities, then it's valuable. Otherwise it's just playing around online."
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SmugBlog: Don MacAskill » Blog Archive » Job Opening: Social Sorcerer
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At SmugMug, everything we build is a direct result of customer feedback. We do very little, if any, competitive research - our customers keep us plenty busy. As a result, we’ve largely ignored social networking, especially outside of SmugMug. It just hasn’t been something our customers have asked for.
That’s changing. I’ve started getting tweets, blog comments, and forum posts about our “broken Facebook app”. Problem is, we don’t have a Facebook app.
The good news is we listen. So we’re ready to take the plunge. The geek in me has *always* wanted to dive into this stuff (and I’m the one who built and/or pushed us to build the building blocks we already have: an open API, Atom/RSS feeds, OpenID support, OAuth support, etc), so I’m thrilled we finally have the “ok” from my boss - our customers.
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SmugBlog: Don MacAskill » Blog Archive » Now is the time to build
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“Every startup CEO is at least thinking about the need to cut back right now” - Michael Arrington
“We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.” - Warren Buffet
I’ll give you one guess as to which man I’m listening to. So no, not every startup CEO is cutting back. Apple spent their time innovating during the last downturn and look where it got them. I’m thrilled to have just passed out big, healthy profit-sharing bonuses to all of our employees this week for the 5th consecutive year. We think and hope they’ll be even bigger next year.
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