If You Can't Explain What You Do In A Paragraph, You've Got A Problem
Here’s an email exchange that I had in the past 24 hours with an entrepreneur. Remember, I try to answer all of my emails and be responsive to any inquiry
Here’s an email exchange that I had in the past 24 hours with an entrepreneur. Remember, I try to answer all of my emails and be responsive to any inquiry
I’ve written before about the Kinect Accelerator and Microsoft Accelerator. On Monday, the Microsoft Accelerator for Windows Azure companies were announced. The program begins this week and ends in mid-January. Since the program is powered by TechStars, it’ll follow the standard TechStars timeline, finishing up with a demo day at the end of the program. This is a global class. The companies included in this group hail from from Australia, Germany, San Diego, San Francisco and Los Angeles to join the program in Seattle. I’m psyched to see what these companies build for and on top of Microsoft Azure.
Verne Harnish‘s new book, The Greatest Business Decisions of All Time, is out. I’ve read the excerpt up on Fortune and I’m looking forward to reading the entire book this weekend. The short description follows: The Greatest Business Decisions of All Time – with a Foreword by Jim Collins — is Verne Harnish’s latest book. Author of the ever popular Mastering the Rockefeller Habits, Verne along with some of the top writers and editors at Fortune magazine, share the inside story on 18 of the most unconventional decisions ever made in business – decisions that not only changed companies, but changed industries and even nations. Endorsed by several top CEOs and biz authors, these decisions should spark important ideas to transform your own companies and industries. If you want a sample, download a free chapter (GE’s key decision) and read Verne’s six page Introduction.
I’m super impressed with the progress MobileDay has made in the past six months. We are a seed investor in the company whose goal is to fix conferencing calling. Their approach is “one touch into any conference call from any conference call provider.” The current MobileDay iPhone app is excellent – I use it multiple times a day. If you make any conference calls, give it a try and tell me what you think and what we can do better.
Last night I got an email with a Q3 sales update from a company I’m an investor in for a while. They consistently meet or beat their plan and are an extremely well managed business. Their plan for Q3 was aggressive in my book (and they’ve managed their costs to a lower outcome) had an expectation for what they would come in at based on data from as recently as last week. I knew what they thought the upside case was and didn’t believe it so my brain had locked in on a number slightly below or around plan.
I’ve been involved in Startup Weekend events since Andrew Hyde held his first event in Boulder in 2007. As you know I’ve recently joined the board and have enjoyed watching the organization flourish. One interesting development is the growth of industry-focused events and it’s especially exciting to see Entrepreneurs and Educators collaborating Education-focused Startup Weekends. A team of organizers in Boulder has put together a Startup Weekend Edu for next weekend (October 5th-7th) in Boulder and I’d love to see the tech community come out in support of entrepreneurship that focuses on making the lives of students, teachers, parents, and administrators better.
One of my favorite web tv shows – The Founders – is back. Episode 1 of Season 3 – Cave Explorer – is up. We’ll follow three of the TechStars Boulder 2012 companies through the program – Birdbox, Roximity, and Ubooly. Time to fall in love with the start of startups again.
In approximately seven weeks, Defrag will be happening again. It’s the sixth incarnation of Defrag, and over time it seems to have become an annual Fall rite of passage. This year’s Defrag is no different: an intimate gathering and great conversations. Speakers like Kevin Kelly (founder of Wired Magazine), Jeff Ma (inspiration for the movie, “21”), Bre Pettis (of Makerbot), and many, many others. Topics like mobile development, identity management, social business, big data, and APIs.
For the next two days (until the end of the day on 10/2/12) BarnesandNoble.com is having a 50% off sale on Startup Communities: Building an Entrepreneurial Ecosystem in Your City. My understanding is that this ($13.47) is the lowest price the physical book will ever be available for. If you’ve been tempted to buy the book but have been holding off for some reason, go grab it now. I’ve been told that they aren’t limiting quantities so grab a few for other members of your Startup Community.
“Success rests in having the courage and endurance and, above all, the will to become the person you were destined to be.” – Dr. George Sheehan When I heard that presidential VP candidate Paul Ryan said something like he had run a “2-hour-and-50-something” marathon, I knew immediately he was lying. I don’t know a single person who has ever run a marathon who doesn’t know the exact time it took him or her to do it. The 2-hour-and-50-something language didn’t ring true to me and I smiled when I read Andy Burfoot and George Hirsch’s essay in the NY Times titled The Honorable Clan of the Long-Distance Runner.