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Amazing Video About Motivation

Posted on: May 29, 2010 I Written By

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I’m really glad I just spent 10:48 of my life watching this video. The style of the video is great, and the content really amazing for anyone that’s a manager at a company or an entrepreneur like myself. Very cool. I’m sure you’ll all enjoy this RSA Animate about what motivates us:

Conservative Persistence

Posted on: December 16, 2009 I Written By

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I’ve read a lot of things in my life that talk about the sacrifices that you have to make to be a successfuk entrepreneur. Not the least of which is Mark Cuban who describes starting a business as a 24x7x365 game. He even goes so far as to salute those entrepeneurs who happily choose their business over their family.

I’ve only met one entrepeneur that I think did a great job balancing the 2. I’m sure there are more, but I remember hearing about a guy who did a great job working his butt off at work, but still made it home at a reasonable time to be with the family. He had to plan better and make it a priority, but he did it.

Of course, in true entrepreneurship fashion, when someone tells me I can’t do it I want to find a way to prove them wrong. We’ll see in a couple years how I’ve done, but I think it’s possible to be an entrepreneur and still a good father. It will take a lot of compartmentalizing and planning, but I’m giving it a whirl.

The way I look at it is that the number one key to being a successful entrepreneur is persistence. It may take longer to be successful, but I think concistence persistence can achieve amazing things. Time will tell.

Emotional Roller Coaster We Call Entrepreneurship

Posted on: November 27, 2009 I Written By

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Trying to start your own business is one of the biggest emotional roller coasters you could ever experience. One moment you feel like your idea is the best idea in the world and will be huge. The next thing you know you can see all of the hairy ugly flaws that exist in your idea. .

The hard thing is that this emotion is something that can happen from moment to moment. No wonder they say that you have to be an optimist to be an entrepeneur.

What’s even more crazy is that this roller coaster ride is why being an entrepreneur is so addicting. It’s some of the highest highs you can feel when something you created is used ans appreciated by a lot of people. It’s downright beautiful. That’s why I love being an entrepreneur.

BuddyPress

Posted on: November 9, 2009 I Written By

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This weekend I had a little bit of fun and installed BuddyPress. YesN I know I’m twisted to think that is fun. Oh well, it is what it is. I must admit that it was super simple.

I’m really looking forward to using it. I’m planning on using it for my next project. I still need to find a good host for it and create some killer plugins. Hopefully I can get it to work the way I need it to work I’m a little hesitant building this project on top of BuddyPress, but at least it can bridge me until I can hire a true programmer to work with me.

To Be an Entrepreneur or Not to Be an Entrepreneur

Posted on: November 5, 2009 I Written By

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I’m at a really interesting point in my life. I have a decent day job and I’m making a decent amount of money blogging. That is kind of fun to say that I’m making good money blogging. I feel more like a websit guy than a blogger, but that’s mostly semantics. Anyway, I’m quickly approaching a time in my life where I need to make some decisions.

Inside of me I feel like I need to be an entrepreneur. However, I’m likely one the most risk averse entrepreneurs ever.

The nice thing is that I have my blog income as kind of a foundation for doing a lot more. I just wish it was a touch larger and that I could be more certain of its consistency.

I do have 3 possible choices to pursue (at least logical ones). One is fun, but could never be HUGE so that one is out.

The next idea is reliable and could do well,but could likely never go huge.

The last idea has the most potential, but is my least developed.

Now it’s just a matter of deciding how to proceed.

$60,000 Worth of Software Free

Posted on: March 3, 2009 I Written By

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A nice link came across my Twitter feed that talked about 45 open source or free software packages that a business could use. They valued the 45 software packages at over $60k. The cool part of the list is that it lists the paid option alongside the free option.

I knew most of the things on the list, but it had a few that I’d never heard of and I’m going to have to check out. If you are a startup company today, you have to be crazy to be spending much if any money on software these days (with a few minor exceptions).

One software that I wish was on the list was a nice video editing software. Unfortunately, I have yet to find a good free and/or open source video editing software out there.

Perfect Time for Bootstrappers

Posted on: October 9, 2008 I Written By

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Today I read a post from Techcrunch (been too long since I did that) that contained a letter from Bill Gurley of Benchmark Capital (VC Company). In this letter, Bill instructs his portfolio companies on what’s happening in the market and what a privately held company should be doing amidst this “US financial Crisis.” It’s a great read that was very informative about what’s going on.

Of course, at the end of the article I thought to myself that this is the perfect time for bootstrapper start up companies to thrive.

Bill suggested that these VC funded startups conserve capital and look for opportunities. Every VC funded startup can and should be looking at their burn rate and “months of cash.” As a bootstrapped startup, you’ve already lowered your burn rate to a barely survivable level of expense. You already know how to do more with less. Many of the VC funded companies won’t know how to scale down and scaling down will usually mean they’ll be offering less services. If you were able to compete on some level with these major VC backed startups, then the advantage just turned your way.

Let me give you an example. I’m currently working on a group of websites related to TV. The major TV related websites are ones like BuddyTV and TVGuide. I can’t even imagine the burn rates these websites have with all of the staff they use to develop their content. I don’t know the specifics of their financials, but I’d be very surprised if they were profitable.

Instead, my small network of TV websites is already profitable, because I’ve gone out and built it with almost no cash outlay. Do I have to cut any of the staff that I’m paying? No. Do I have to get a smaller office space? No, I work from home. etc etc etc. Sure, I might see a dip in my various revenue streams, but I’m certain that I could withstand the dip in revenues much easier than these other TV websites.

This may not be true for all bootstrappers, but I’ve been absolutely insane in how I’ve bootstrapped. I’ve tried to take out almost every financial risk except for my time spent. Does that mean that I might not have a $2 billion pay day like Youtube? Maybe not, but I’m doing something I really enjoy and making some pretty good money at the same time.

How big can I grow it? Time will tell, but for now I’ve found a nice niche and a lot of growth available. Especially now that my major competitors will be cutting back on their ability to cover everything. Some will be able to focus and do well. However, as a bootstrapped startup, I’ve already got my focus and I’m hammering away on that niche.

That’s Advantage bootstrapper in my book.

Vote for Me In The You Be The VC Finals

Posted on: April 26, 2008 I Written By

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I have a big HUGE MAJOR ULTRA BIG favor to ask that I guarantee I won’t forget.

It will only take five minutes of your time and this isn’t some random request, asking you to spend any money or do anything more then register on a site and click a button to vote for me.

You’ll be helping me and a good friend out a lot and I’ll be forever in your debt.

Click on this link: http://www.youbethevc.com/users/new
Fill out the form. I’d suggest using your name as your username.
Use your real email address and for your bio putting something very short about yourself. You don’t have to get really descriptive. Just one line will do… it worked for me.

In the Do you want to section I’d suggest clicking “meet people” which is the very last option.

Once you’ve registered with YBTVC, I just need you to click and vote for two ideas. One of them is obviously mine and the other is a good friend who I’d like to see joining me in Boston.

Go here to vote:
http://www.youbethevc.com/finalists

Then look for “techguy” (that’s me) and rate it FIVE stars and “moshmobile” and rate it FIVE stars. The winner is determined by average vote, so the more 5 star votes we get the better.

I greatly appreciate your help and let me know if you voted. I will be forever in your debt. I promise you that I won’t forget it either.

Also, if you really love me, then I’d appreciate you asking everyone you know to vote about me. If you blog about it, send a trackback so I know you did.

Thanks!

Technology in Las Vegas – I Wish Vegas Had A BarCamp

Posted on: March 26, 2008 I Written By

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UPDATE: I made a few correction in my numbers. The point is still good. In fact, the corrections actually make the point even stronger.

Today I was watching my twitter stream and someone posted that they were organizing a BarCamp in Seattle. I’ve read about so many BarCamps on twitter and the other technology groups I’m apart of that I’ve always wondered why Las Vegas didn’t have a BarCamp. I think it would be fun to attend and meet some technology people here in Las Vegas.

I think the answer to my question lies in some comments my friend made to me who was looking at moving from the Seattle area to Las Vegas. He’s a killer Java programmer and some Facebook appFindYourSpot.com said that Las Vegas is where he should move and so he wanted to move here. He decided to go on Dice.com to see what kind of technology jobs were available in Las Vegas. If I remember right he said he only found 150 23 listings (UPDATE: My friend said they were 23 crappy ones at that). Comparing that to the 400 listings in Seattle he pretty much ruled out Las Vegas as a future home. Now I think he’s moved on to Phoenix which had around the same number of jobs as Seattle as I recall 240 job listings.

The point of this story is that it seems like Las Vegas isn’t the best place for a startup unless it’s something around conventions, hotels or casinos. Plus, from my experience it seems like the technology that the Casinos are using is outdated. Sure, they have a project or two that is cutting edge, but for the most part I think they’re still locked and loaded with really cool technology like IBM AS 400s.

I actually asked the CIO from Sands Corporation (own the Venitian) about any sort of Web 2.0 strategies that they were working on. Honestly I’m not sure how familiar he was with the Web 2.0 concept, but the answer was basically nothing. The most he wanted to get out of his website was to help people book rooms as easy as possible. Probably a good strategy, but I can’t help but wonder if there aren’t some really cool Web 2.0 related projects that could be funded by all those gaming revenues.

I should also mention that when I moved here someone told me how progressive Las Vegas was for bringing in technology jobs. They pointed to Zappos.com moving here as an example of Las Vegas being a good place for technology companies. Of course, being a lover of startup companies, Zappos.com is not for me. It’s too big now. Also, one company does not a great technology job market make.

Coming full circle, I don’t think that I should count on a BarCamp every being organized in Las Vegas. I guess I’ll just have to move somewhere else to enjoy such interesting events.

Before someone comes and tells me I should start one myself, let’s just say I have my reasons for not wanting to do so. Not to mention I’ve pretty much said they’re aren’t that many startups here so who would attend?