Posts Tagged ‘Las Vegas Internet Startup’

Internet Entrepreneurship in Las Vegas

Friday, October 8th, 2010

I first moved to Las Vegas a little over 5 years ago. I’d heard good things about living in Las Vegas and to be honest I moved here to be close to family. Luckily family has moved away and so it’s just my wife and our family again and we like it that way. Although, that’s a topic of another blog post.

I must admit that I didn’t move to Las Vegas because I was an internet entrepreneur and Las Vegas is the perfect place to be an entrepreneur. Obviously, if i wanted to do that I would have just moved to Silicon Valley. Although, I’m not a fan of that area, so I’d probably move to the next best thing: Boston (and yes, I know there are a few other decent places as well). In fact, a couple years back I was really close to picking up my family and moving to Boston with a contest called YouBeTheVC to be a full time internet entrepreneur working the forever long hours in a very expensive place and wondering how exactly I was going to feed my family.

To be honest, it actually sounded really exciting to me. I’ve been to Boston a few times and LOVED it there. I hate the cost of everything, but I would have loved to be in that are and be part of what seems to be a much larger internet startup scene. Well, I didn’t win the contest (Thankfully since it turned out to be kind of a sham) and so I stayed in Las Vegas. Long story short, I kept building my blogs and learning about internet startup companies while I was in Las Vegas (you can see my full blog story at Word Camp Las Vegas in a couple weeks).

Now I’m working full time on the idea I was planning to build in Boston, Giving Sports Fundraising. However, I’m not in Boston, I’m in Las Vegas.

In the 5 years I’ve lived in Las Vegas, I’ve done quite a bit of networking. Let’s just say that I haven’t had many chances to associate with other internet entrepreneurs. I started thinking about this when I read Brad Feld’s blog post about creating a startup community in Boulder. It was cool to hear him talk about what’s happened in Boulder with internet startup companies. I wish that the same thing would happen in Las Vegas.

I’ve actually met quite a few entrepreneurs here in Las Vegas. Just not that many internet entrepreneurs. I wonder what could be done to change that. Especially since I really don’t have any immediate plans to leave Las Vegas. I never thought I’d admit it, but honestly my family and I are quite happy right here.

My Own TechStars or Ycombinator Like Summer

Friday, August 13th, 2010

I was recently watching some of the videos that they created for the end of TechStars Boulder that were posted on Brad Feld’s blog. As I watched the various founders on the videos, I came to an interesting realization. My summer had been very similar to there summer. I basically created my own little TechStars summer and built a company just like them.

I started out on April 1st when I quit my day job to work on Giving Sports and Giving Square full time. It was a big move for me, but very exciting. Similar to TechStars or Ycombinator, my goal was to relatively quickly (months) create a website and launch it. August 3rd I officially launched Giving Sports achieving that part of the goal. Woot!

Now I’m just entering the second stage of the process where I start building up the customer base and iterating the product over and over. It’s very exciting as I’m just finalizing the details with a number of organizations that plan to use the websites and I’m talking with a dozen more organizations.

Of course, my experience in some ways was quite different than those at TechStars. First, I didn’t have all the mentor ship that they received in the program. However, in some respects I feel like I have some of the same mentors. The blogs (Fred Wilson, Brad Feld and Mark Suster are some favorites), websites, videos, etc that are out there on internet startup companies are tremendous. Twitter and my Feed Reader have been pretty amazing mentors for me.

No doubt I didn’t have the same type of exposure that they have had. Nor did I want some of the exposure they get for my product. While I’d love exposure to the tech crowd, those aren’t my customers. So, it would be little more than stroking my ego to get coverage from the various tech outlets that cover internet startups.

I also haven’t paraded in front of investors for my website either. I’ve certainly built a number of relationships with investors this summer, but there’s something beautiful about bootstrapping the startup. As I grow I may change my mind on this, but for now bootstrapping is beautiful.

I guess I’m just struck by the power of the internet. First, to be able to build a product (website) in such a short period of time. Second, how it provides amazing access to resources that were never available before. Third, that some little guy like myself in Las Vegas could create his own summer TechStars/Ycombinator experience is just awesome!

Now it’s time to make sure I get the same type of results out of my company as those companies have achieved.