It’s Not Bootstrapped vs. VC From Hillel Cooperman‘s “Bootstrapped vs. VC Funded–Who is Likely to Make the Most Money?” I bet that founders of bootstraps end up earning more money over the long haul out of their businesses than founders of venture-backed firms. The rare IPO may spike the numbers in the other direction, but […]
It’s Not Bootstrapped vs. VC Read More »
Silicon Valley is a nicely furnished room in a house that’s burning down, the state of California.
A Nicely Furnished Room In A House That’s Burning Down Read More »
When I started out at Cisco in 1990 it was a part of the culture that a request for help or question that was too vague or poorly specified would be answered with “How long is a piece of string?”
How Long is a Piece of String Read More »
When Do I Need a Model? I am Bootstrapping I have condensed this from a recent series of conversation with bootstrapping entrepreneur. I thought it captured many of the key questions that you need to be consider once you are “open for business.” Bootstrapping Entrepreneur: I am just getting started on a new project. I
When Do I Need a Model? I am Bootstrapping Read More »
Here is a real example of how not to manage early adopters. I have anonymized the sender and a few details but the message is real, as is the attitude.
How Not To Manage Early Adopters Read More »
Learning to explore is a key skill for entrepreneurs. Ask questions you don’t know the answer to–where the answer would have an impact on your ability to assess the risk in your venture or would help you to define a key aspect of your business.
Buying a Map vs. Learning to Explore Read More »
People ask me where to get started. Lately I have been telling them: start where you are and sell what you have. Meet people, help them connect, and explore possibilities. Knit your network now before you need it.
Start Where You Are Read More »
Successful entrepreneurs answer “Why your startup matters?” by pointing to problems solved for customers and jobs created. Profit is a means to creating future value and funding is a means to creating profit.
Why Your Startup Matters Has Little to Do With Funding Read More »
Summary of a very insightful talk on leadership lessons learned by Mr. B.V. Jagadeesh entitled “Lessons Learned Starting, Leading, and Succeeding at Multiple Startups.”
B.V. Jagadeesh on “Startup Leadership Lessons Learned” Read More »
Want a simple way to determine your competition during customer discovery: consider what your prospects would have to give up to buy and use your product or service. The time and money you want prospects to spend on your offering have to come from somewhere: prospects will normally choose to take it from what they
How To Determine Your Competition During Customer Discovery Read More »
George Grellas left a great short essay on leadership in a comment on Hacker News. Writing in response to “Wash the Dishes When Nobody Else Will” This is reposted with his permission (re-formatted from a single block of text).
George Grellas on Leadership Read More »
Here are a couple of rules of thumb you may find helpful in thinking about price, value, and your prospect’s perception of risk.
Price, Value, and Your Prospect’s Perception of Risk Read More »
Startups see fluid opportunities in dynamic environments, but no certainties before opportunities pass or the “situation changes.”
Early Markets Offer Fluid Opportunities Read More »
Tristan Kromer suggests that there are many viable models for a business, all have advantages and drawbacks. Services are easy to start but hard to scale. Despite surface appearance, a software business still inventory of people, key assets in the form of ideas, and a manufacturing process in the form of software release.
Tristan Kromer on Businesses Models Read More »
Users are important but are not necessarily customers, business serve customers at a profit, businesses that don’t make a profit are hobbies.
Users, Businesses, and Hobbies Read More »
Tips for using a wiki to organize customer interviews for customer discovery and to assess perspectives on their offering after purchase.
We Use a Wiki to Organize Customer Interviews Read More »
Tom Van Vleck has a great collection of software engineering stories on his site. One particularly good article is “Three Questions For Each Bug That You Find” which offers the following key observation: The key idea behind these questions is that every bug is a symptom of an underlying process. You have to treat the
Tom Van Vleck’s “3 Questions” Complement Root Cause Analysis Read More »
From time to time I run into a business card that makes me think. Here’s one that I will model as I update my own cards. Also check out some cool business cards from last year. Back:
Time To Update Your Business Card Read More »
To many of the current incubators seem focused on “on hit wonder” startups designed to be acquired quickly. Apps are the new pop songs and the incubators are the music labels, stoking the star maker machinery.
Stoking the Star Maker Machinery Behind The Popular App Read More »
[Note this post was written in 2011]. The recent troubles at Cisco have prompted a lot of commentary on the Cisco alumni e-mail list. One of the more thoughtful analyses was posted by Larry Lang (@llang629), who spent more than a decade at Cisco in a variety of positions. His last was as VP and
Larry Lang on Managing Incentives Read More »
