Sometimes You Just Gotta Jump

Sometimes you just gotta jump ship.

I was sitting with an old college friend the other night catching up with life and I found myself ending the conversation with the saying “sometimes you just gotta jump“.

We were talking about how tough it is to branch off and do your own thing as you become more established with your life.   He is in a different situation as I and finds it more difficult to up and leave his job. Although I agree with his perspective – he is quite established and probably pulling good paycheck – I can’t help but keep coming back to my main point.  “But what happens when you are 45 or 50, are you going to be happy doing what you are doing now, at that age?

It is this question that gets me every time I start thinking maybe I am doing the wrong thing.  I just have to go back and ask myself “which would you regret more when you are older – the decision to jump off now and make it on your own or staying with the same company your entire career, never taking a risk?”

Sometimes you just gotta jump ship.  Start over.  Hit control/Alt/delete and move on.  Most people regret NOT doing something.

On Failure

“On the road to invention, failures are just problems that have yet to be solved.”

My reading this morning brought me to this little gem:

Fearing failure stifles creativity and progress. If you’re not failing, you’re not going to innovate. Do your product or service a favor: embrace failure and blueprint a plan that affords you the opportunity to do it early and often. 

I can’t tell you how strongly I agree with this statement.  Whether it is product design and prototyping or more generally concerning your entrepreneurship path, the worlds biggest failures end up becoming the worlds most successful people and products.  I will write a more in-depth post on this soon.

Find Your Match With Founder2be

Here is a common problem plaguing many entrepreneurs today:  I have a business idea, but I need to find someone with complimentary skills to help me start the company.  In fact, yours truly has this problem currently.  Since we know a big chunk of the success of a start-up is directly correlated to the number of founders, this is a big deal.  Local tech functions like meet-ups, conferences and founder dating are all good ways to meet a co-founder but sometimes if just feels forced, ya know.  Kinda like you’re looking for a one-night stand or something.

Enter Founder2be, a site which could be referred to the match.com for entrepreneurs.

From their website:

Do you think you need a lot of money first for your startup? You don’t. What you need is the right co-founder with the skills to get started. Everyone knows something, and nobody knows everything. Founder2be helps you find the co-founder you need to start up your business. Take the first step today!

I love the idea and have signed up for the service.  When you sign up, you have the option to register or just connect via Facebook.  Once connected,  it walks you through a few basic questions:

1) I am looking for… (someone to help me with my idea or to join someone who has a good idea)

2) The type of co-founder I am looking for…

3) Expectations of co-founder availability

4) choice of where they live

And then you fill out some details about yourself and you are ready to go.  The entire process took less than 5 minutes.  Since I just signed up and starting using the service I cannot relay any results back to you yet, but I love the idea and would recommend any founder who needs to find the other piece of the puzzle to give it a shot.

I had a chance to recently connect with Oliver Bremer, co-founder of Founder2be.  Interestingly, he was in the exact same situation when he realized there was a hole he could fill.  “This got me thinking that I cannot possibly be the only person in the world to have this challenge.  Although initially I had a different idea, I eventually decided to set out and solve the co-founder finding problem instead. And that’s how Founder2be came about. After some chicken and egg of finding a co-founder for that. Which was pure luck.

I love it!  Innovation is the mother of all necessity.  Here is a brief interview with Oliver:

1. Describe and explain Founder2be in a few sentences.
Founder2be is a co-founder matching service. Everyone knows something, and nobody knows everything. Founder2be helps people find co-founders with complementary skill sets. After all, most successful start-ups get started by teams of two or three, not solo entrepreneurs.

With the Founder2be Global Alliance Program, we connect prospective entrepreneurs with incubators and other alliance partners to help them succeed by getting the help they need locally, whether it is mentoring, work space, pitch training, or access to funding.

2. How did you come up with the idea behind Founder2be?
After 10 years in corporate life, last year I finally had a great idea where I thought: ‘Now it’s my opportunity’ to start a start-up. Truth is: Now I can’t even remember what the idea was, and that is because I never got started. Why? Because I don’t know everything and I failed at the step of finding a co-founder. Thinking I can’t be the only person wanting to do a start-up with that problem, I decided to focus on the co-founder finding problem instead, and here is Founder2be.

3. The Founder2be team and background.
Founder2be was co-founded by myself and Frank Haubenschild. My background is M.Sc. in CS, worked for Nokia until 2007, then for Strands until end of last year. Then quit my job specifically to focus on Founder2be. Frank studied CS as well, and has been working as a SW Developer ever since, mostly in the automotive space.

We took on two interns for this summer as well who are helping us with outreach and community management and get credits for their course work.

4. Can’t Entrepreneurs just go to local events to meet people? How do you differentiate?
Absolutely, and we do want people to go to local events as well. We are not so naive to believe that you meet someone online, click on a button, and that’s all you need to start a great start-up. There is many more things. Exploring your options and finding a great co-founder is the first step, and that can be done online very well.

Think of it similar to online dating. Match.com does not replace bars. People don’t get married clicking ‘Yes, I do’. They go on a date and meet the other person in real life first – or at least I hope they do 😉 And that’s very similar for finding a co-founder.

And that’s why we launched the Global Alliance Program, where we connect the co-founders meeting each other, forming start-ups, to organizations supporting start-ups in the real world. The Global Alliance Program has partners on four continents now and we are looking to extend the network to more countries and expand within the countries where there is already partners.

5. What is Founder2be’s current status, and what are your immediate next steps?
We are now at the stage where over a thousand people have signed up, two companies have emerged from co-founders who met on Founder2be. One of them is Ziliot.com, the other one is still in stealth mode. The Global Alliance Program comprises around 20 partners from four continents.

Our ultimate goal for this year is to see 10 start-ups get started by co-founders who met on Founder2be. In order to do so we are focused on growing the user base, connect co-founders with each other, and build out the Global Alliance Program further.

In 3 months, over 1500 people have joined and one company has come out of it with a second one is in stealth mode.  I would say, even if nothing else happens… history has been made.  I am really excited to see how Founder2be expands to help many more partnerships come together.

Dear Advertiser: Please Do Better

This post was originally published on BusinessInsider.com.

 

Dear Advertiser,

We haven’t formally met but we have had an ongoing relationship for quite some time.  I am a consumer; you are an advertiser trying to sell me something.  Our Love/Hate relationship goes something like this: I love to use my internet but hate to be interrupted by you.  I know you are the one I should actually thank for my ‘free’ usage of all the websites and applications on the web, but deep down in my heart I am finding it hard to thank you.  You see, I just want to go about my day and easily use the mobile apps I enjoy, listen to my favorite music on Pandora, search on the topics I need to know about and read interesting articles.

But here is what I don’t think you fully understand.  You make my life worse.  You interrupt me in every possible way you can think of and believe just because you “got  in front of my eyeballs”, I will make a purchase.  The thing is, I cannot easily use my mobile apps, since you jump right in as I load it up and steal another 5 or 10 seconds of my time.  I hate this!  When I listen to Pandora, between every 2 or 3 songs you shout something I don’t ever pay attention to, so you are wasting your money.  I bet you didn’t know that as I listen to Pandora when drive I turn the radio off or the volume down for about 10 to 15 seconds so I don’t have to hear you freaking annoying voice for the 10th time this hour.  You are just an annoyance and I despise you more and more as this goes on.  When I search on Google, there you are… trying your hardest to sell me something I don’t want.  Even though when I search I type in a keyword, most of the time I am looking to be informed on a topic not buy it.  And what makes me the most frustrated is when you cover the screen the instant I hit a website like Forbes, basically witholding me from my very intent.

Do you realize how rude this is?  I don’t walk up to your desk as you are working and put my hand right in front of your screen, and hold it there for 15 seconds – smiling like I am doing something nice for you.  If I did, you would probably hit me.

I understand it is you who underwrites our “free” access to information so I am not blindly telling you to go away.  All I ask is please make my life better, not worse.

Know my preferences.  Better yet, let me tell you what I like and what I don’t like. 

All the spying, cookies and social data mining in the world will not come nearly as close to knowing me as good as I know myself.  Please allow me to tell you what I like and what I don’t like so when you do step in to talk to me I am actually interested in what you are saying.  (Would someone out there build a platform where I can input my 15 category interest and allow only those advertisers to reach me on every interactive media in the world?  Come to think of it, I just might.  If you are interested in helping, give me a shout.)

Know when I want to interact.  Never interrupt me.

Interrupting is one of the rudest forms of communication in the human race.  Maybe this is your problem: since you are not human you don’t realize you are committing one of the biggest faux pas out there.  If you were to start your strategic alignment with more of a human perspective you would better position yourself for me to receive your message.

Make my life better.  Add value to me and my life

Hindering my internet viewing, making me wait to watch a video or jumping in the middle of a conversation does no make my life better.  It only creates frustration.  Correct me if I am wrong, but I assume you want to create value for the brand or company you are representing?  Okay, if that is the case… I will value any company who makes my life better.  And since we naturally associate the Brand of the company with the mode of advertising … any Brand who rudely interrupts me is instantly placed in the LAME bucket.  Sorry, that is the truth.  On the contrary, any Brand who slides naturally into a position to add value to me and make my life better –  pure GOLD.  Loyal.  They got me for life.

Look, I know this is going to be a life long marriage so can you please start to see things from my side of the bed for once?  If you do, I guarantee you will get more than you ever imagined.

This Get’s the Creative Juices Flowing

Trendwatching.com sends out a monthly briefing on emerging trends.  It’s awesome.  Here’s the latest mini-consumer trends they highlight in their latest edition, “Innovation Extravaganza” .  Read the briefing to get the details.

The both scary and celebratory part? Wherever you live, whatever it is you do, you have absolutely no excuse to be unaware of innovations originating in Australia, in the Netherlands, in the US, in Argentina, in Turkey, in Singapore, in South Africa … It’s all out there, reported 24/7 by numerous sources dedicated to trends and new business ideas.

Be Iconclastic

Ever look at prominent figures in the world and wonder how they stand out from all the rest?  I believe it comes down to how they think.   I believe you can think like them too.  Or.  Not.  Like.  Them..?    At this point, you may not know what the word Iconclast means, but by the end of this post I hope you will be inclined to think a bit differently.

Gregory Burns talks about people who do things others say can’t be done in his book Iconclast – A Neuroscientist Reveals How to Think Differently .  He calls them Iconclasts.

He succinctly describes being an iconclast hinges on 3 things: perception, courage and social skills.

The successful iconclast learns to see things clearly for what they are and are not influenced by other peoples options.  He keeps his amydala in check and does not let fear rule his decisions.  And he expertly navigates the complicated waters of social networking so that other people eventually come to see things the way he does.

If you are like me you’ll want a shorter and easier way to remember the word:

Thinking different is so easy, yet it baffles me how many people do the exact opposite.  They think the same as everyone else.  For some reason they don’t want to be different.  They don’t want to separate themselves from the crowd for they just might have to form an opinion.   They think the same as their neighbor, their classmates, the same as their teammates and they even the same as their competitors.  To me this is just crazy and a recipe for averagism.

Seriously, when did it become generally accepted to think the same as your competitor?  I am pretty sure this type of thinking did not go on in the days of early civilization.  If someone did I guarantee they we’re quickly eliminated…  Thinking the same as the competition is what gets us all these copy-cat products that flood the market.  How many different Groupon competitors do we need?  How many different brands of ‘Bran Flakes’ Cereal is enough.  I could go on and on, but I won’t because I’m not here to inspire you to copy others.  My goal is to inspire you to think differently.  And since we all are capable of thinking… being an Iconclast is now up to you and your thoughts.

Perception

Berns describes in detail how our brains actually perceive thoughts.  Being too scientific for this post, I will only encourage you to buy and read the book for yourself.  But to paraphrase: because we learn from past experiences and past experiences shapes both our perception and our imagination, we tend to constrain our views on things as we grow older.  This is not good for much of anything, but most importantly you will begin lose your creativity.  As time goes on you start to see the same things as everyone else.  And if you see everything others are seeing, you are not to unique.  How are you supposed to be innovative when you see just the same as the others?  Berns suggests we continue to bombard to brain with new experiences.

I suggest running the exact opposite direction as everyone else.  I have always been attracted to uniqueness.  It doesn’t have to be anything eccentric, just being different.   Everyone staying in their safe job because of the recession…  quit yours and pursue your dream of building a company.  You will have a leg up since most others are going in the opposite direction.  Seeing a lot of other companies are offering “daily deals for X” and “social networking for Y”?  Why not have an original vision and do something different?   Most importantly, get out of the daily routine you have slipped into over the last 8 years.  Take Berns advice and change your life.  Create new experiences.  Iconclasts do this and succeed.

Fear

Plain and simple, humans hate fear and live everyday to avoid the feeling.  Fear prevents people from taking action, and even worse it changes the way they see the world.  The ultimate underpinnings of fear is failure, which is the strongest force inconclasts overcome.  Berns notes fear permeates any business and should only be taken as a warning sign.  Once the fear is recognized, it can be deconstructed and reappraised.  So there you go – everyone experiences fear.  Inconclasts dissect it and figure out what it is actually pointing to.  Then they act accordingly.

Here’s my take:  Most people in the world are scared, weak overgrown children.  Sorry to be so blunt, but this is what I have picked up over the years.  Just as we tried to fit in with the “cool” kids on the playground during recess, we go about our lives in constant fear of what people think.  Most people never live as an independent thinker because they are so worried of what other people will think about them.

I say “who gives a @#$% “and “Screw what they think“.  Why do you care what some random guy thinks about you or your idea?  Here’s the truth: One minute after you leave the conversation he will forget what his opinion of your idea was.  He has enough to care about in his life, why would he waste time thinking about you?

Here is Amazon’s Jeff Bezos, an Iconclast I have always looked up to referring to his willingness to be misunderstood.  He has no fear of failure:

If you invent frequently and are willing to fail, then you never get to that point where you really need to bet the whole company. AWS also started about six or seven years ago. We are planting more seeds right now, and it is too early to talk about them, but we are going to continue to plant seeds. And I can guarantee you that everything we do will not work. And, I am never concerned about that…. We are stubbon on vision. We are flexible on details…. We don’t give up on things easily. Our third party seller business is an example of that. It took us three tries to get the third party seller business to work. We didn’t give up.

My mind never lets me get in a place where I think we can’t afford to take these bets, because the bad case never seems that bad to me. And, I think to have that point of view, requires a corporate culture that does a few things. I don’t think every company can do that, can take that point of view. A big piece of the story we tell ourselves about who we are, is that we are willing to invent. We are willing to think long-term. We start with the customer and work backwards. And, very importantly, we are willing to be misunderstood for long periods of time.

I believe if you don’t have that set of things in your corporate culture, then you can’t do large-scale invention. You can do incremental invention, which is critically important for any company. But it is very difficult — if you are not willing to be misunderstood. People will misunderstand you.

Any time you do something big, that’s disruptive — Kindle, AWS — there will be critics. And there will be at least two kinds of critics. There will be well-meaning critics who genuinely misunderstand what you are doing or genuinely have a different opinion. And there will be the self-interested critics that have a vested interest in not liking what you are doing and they will have reason to misunderstand. And you have to be willing to ignore both types of critics. You listen to them, because you want to see, always testing, is it possible they are right?

But if you hold back and you say, ‘No, we believe in this vision,’ then you just stay heads down, stay focused and you build out your vision.

Social Networking

To be successful, it comes down to one’s ability to connect with other people.  Two aspects of social intelligence figure prominently in success or failure: familiarity and reputation.  Incidentally the two are interconnected, since in order to sell your ideas you must create a positive reputation that will draw people toward what is initially unfamiliar and potentially scary.  Familiarity helps build your reputation.  Simply put: to get their ideas into the mass market iconclasts must be able to connect with people.

Think about someone right now who you admire and feel they are a “success” in your eyes.  And now ask yourself this: “Are they good with people?  Do they know how to navigate the social waters?”  I guarantee they (or someone they are close to) understands this principal.  Being an iconclast, thinking different, changing your perception, and dealing with your fear will only get you so far.  I would argue being great in the people department completes the package and helps you rise to prominence.

If you have been reading the words Think Different and imagining a certain company, I am sure you are not alone.  It’s not a coincidence the largest Technology company and one of the most recognizable brands in the world adopted that phrase in most of their marketing.  Apple thinks differently.  I believe the Different Thinking of their founder Steve Jobs is the sole reason they are where they are today. I will leave you with a video that sends chills down my spine.  It is one of the early Apple commercials and the first one in which they used the term Think Different.  Enjoy.

 

3 Quick Thoughts For The Entrepreneur

Here are just a few quick thoughts to help you think clearer today.

1.  Most successful founders or entrepreneurs have failed many times before.  Just keep getting up.

2. Most successful businesses come from Blue Ocean Waters, not Red Ocean Waters.  Look for the open waters around you.

3. You are just one decision away from changing your life.  Make it.

Prediction: There Will Be No Bubble

Update: This was republished on BusinessInsider.com.

You do realize it’s us, with our words, who actually create the Bubbles we will then loathe.   Yes – you, me, all of us… we create the hysteria and the irrational exuberance necessary for a “bubble” to actually form.  If we can just refrain from the word this time, maybe better things will happen.  Plain and simple.  I know the conspiracy theorists out there will indeed flame up the comments with a variety of criticism – and that’s fine, commentary is a good thing.  But I argue we are not going to see a bubble since we just entered the Golden Ages of the Internet.  Don’t want to take my word for it?  Let’s go ahead and use some logic backed by historical analysis to peel this onion a bit.  We’ll see what can come of it since I think it’s better than just running around yelling BUBBLE every time a round of funding is raised or a new company rings the opening bell.

In my recent article, The Evolution of the Tech Bubble, I referred to the book Technological Revolutions and Financial Capital by Carlota Perez.  I have to say again, quite an amazing book.  On a surface level I described the general phases of each cycle (Irruption, Frenzy, Synergy, Maturity) and laid out a nice framework to grasp the magnitudes and movements of the cycle.  I will now go deeper in an effort to bust this silly Bubble talk.

As you can see, our economy has gone through 5 major cycles since the late 1700’s.

1) 1770s through the 1820s – water power and introduced factories and canals, primarily in Britain.

2) 1820s to the 1870s – the age of steam, coal, iron, and railways.

3) 1870’s through about 1910 – steel and heavy engineering.

4) 1910 through 1980 –  the rise of the automobile, petroleum-based materials, the assembly line, and the motion picture and television.

5) Our current cycle began around 1970 – based on silicon: the integrated circuit, the digital computer, globaltelecommunications and the Internet.

These are not my opinions, Perez illustrates through factual analysis each cycle lasted roughly 60 or 70 years.  I argued we have just entered the Synergy phase of the fifth cycle, probably sometime in the mid 2000’s.  Like it or not, this means the core paradigm (the internet) is about to spread into every corner of your life.  This period is pleasantly referred to as a Golden Age.  The image to the right provides a view of the Synergy and maturity phases, which together last 20 or 30 years.  There’s the internet, going into everything around you.  One thing to note here, the financial recession we just experienced is not directly correlated to these cycles.  I am not passing off the idea that sometimes things rise and fall unexpectedly.  It happened, and will happen again.  The image used in my previous post illustrates the  rate of diffusion of a technology into a society, not the rise in markets or a bubble, per se.

Here is what I think will happen next and why it will be mind blowing.

Fred Wilson recently stated at TechCrunch Disrupt we will very soon experience an incredible cultural revolution on a level we might not realize yet.  Many things will be created to challenge the establishment (think Egypt) and new applications will change your life in very profound ways.

How do I know?  Take a look at what happened the last time we were sitting in this position.

 The car was at the heart of the last technology surge, based on mass production, which started in 1908 with Henry Ford’s Model T. The installation phase was about increasing car ownership and building road networks. The crash came quite early, and the deployment phase was delayed by depression and war. But the deployment phase was the period in which the suburbs evolved and supermarkets became the dominant mode of food distribution and retail.

Looking back, we realize it was because of the automobile (transportation) we now have suburbs, supermarkets and shopping malls.  Now think of the Interstate network, and how important it was to connecting our country.  Thankfully, this is how you can easily have food on your table…  which you bought from the supermarket… which you drove to in your automobile.

Yes, it is amazing.  And it’s all small potatoes compared to what is going to happen next.

Applying that perspective to today’s environment you can now start to grasp the notion we just entered the Golden Age.  Mass adoption of the internet, real time communications and real time data will create adjacent industries we haven’t even thought of yet.  Just ask Reid Hoffman what he thinks about this subject.  For the first time in human civilization 2 billion, maybe even 3 billion people will all be connected on one platform.  Almost a third of our world population is online or using some sort of connected device.  This is even more moving: in the emerging markets of China, India, Brazil, Russia, and dozens of smaller developing nations, a billion people will soon enter the expanding global middle class.

Do you even realize the magnitude of what this will do to our global society? Place communication technologies on that platform.  Include a way to exchange currency and do commerce.  Find a way to locate a mobile device, right down to a 10 foot radius.  Now imagine three billion people using this each day!  Not everything will be rosy, but I argue it will be golden.  For a little economic context, in the year 2000 the AOL/Time warner merger was at the time valued at $350 billion with AOL having roughly 30 million subscribers.

If you look back at the previous 4 cycles, it’s important to keep in mind how little of role communication technologies played.  This is not something to overlook.  Until the fourth phase (early 20th century) people were isolated on their own continents, lest they endured a few months boat ride to a new world.  They were also confined to their local flea market if they couldn’t snag a horse ride.  And information was short supply, limited to neighborhood gossip and a letter which mostly arrived too little too late.

Today, only 1oo short years later, I am theoretically one finger swipe away from anyone in the world (or 2 billion at least).  I can video chat with someone in remote Africa, literally seeing them as we talk while they are on another continent.  I can learn about an earthquake that hit another part of the world less than one minute after it happened.  If you are reading this on your mobile and wanted to buy Perez’s book right now from a random person on the East Coast, an Amazon transaction will take you less than 30 seconds and you will be back reading this next sentence before you know it.

Take a step back and juxtapose those last 2 paragraphs.  This is why I recently quit my job and finally got serious about building something.  I am pretty excited to see what this synergy phase will bring out from within us.  Don’t get me wrong, I don’t pretend to know the future. But I am using solid facts from the past to help me gauge where things might be going.  If you are not serious about doing something amazing, now might be the time to reconsider.

Referencing my last article on the Bubble subject, the Frenzy period was characterized by individualism, excessive investment and miraculous manipulation of wealth.  These ridiculous actions create Bubbles.   Since the foundation of the web is already in place, this Synergy period is a time of Production.  It is because economies of scale, maturation of the core technology and a new understanding of our global network we will not see a bubble burst.

I will leave you with a thought from Perez:

Whatever time it takes to set up the framework to overcome the recession, the beginning of Deployment is usually characterized by synergistic growth, extension of markets and increasing employment.

Bubble schmuble…  can we just stop saying that word?  I suggest we start using the words Internet Golden Age.

Image courtesy of Flickr user timtom.ch

Look at Them Apples

Apple is just HUGE.  Just think about it for a second… iphones, ipods, ipads, macbooks, itunes, they are everywhere.  Apple is now said to be lager than Microsoft and Intel, combined.   Below is a view of Apple’s stock for the last few years, up and to the right.  This has just been amazing to watch.  When will it end?

Here’s Where You are Great, So Shut Up.

The world has an interesting way of revealing your strengths.  This has become apparent to me in the last few weeks as I have started writing.  Allow me to provide some context before I go any further.

Recently I quit my full time job to pursue entrepreneurship and my dream of building my own company.  Prior to this I was living a double life, straddling the fence as they say.  This sucked.  I hated the fact that I did not (or could not) just let go and dive into pursing my dreams.  It sounds silly actually…. you would think living in America we should do whatever we want?   I wasn’t.  Until now.

During this double life I was part of a small team building a startup, a website which would help local businesses further connect with their loyal customers.  Although we didn’t really have titles or positions, I lead the charge and you could say I held the general position of what would be considered the CEO.  We worked on this for quite some time, all the while holding full time jobs.  We met EVERY Tuesday or Wednesday for like 2 years or more.  Eventually we released a Version 1.0 and I felt we were making some progress.  Ultimately, after about 6 months in the test market we decided to revert (what they now call pivot ) back to closed doors and figure out a better vision.  This is where I sit today.

Shut Up and Listen!

My point here is this: I wasn’t in my strength zone.  I wasn’t actually doing things that I was Great at.  I keep my head to the grindstone for years trying to make things happen – to no avail.  Without resources, connections, money or exposure… and most important the wisdom from previous experience, we fell flat.  And I thought I was a loser and a failure.

Shut Up and Listen!

Until I started listening.  When I quit my job I decided I would start writing.  Being an avid reader of books, blogs and any articles I can get my hands on, this seemed like a natural evolution for me.  Little did I know people actually like what I write.  They think I am good.  They even think I am Great, so Great they think I could support myself doing this.  I had no idea.  I just type what I feel inside… that is all I do.  And things just flow together.

Shut Up and Listen!

Amazingly, the world has started reaching out to me.  People from all over have followed, commented, subscribed, and emailed.  I really appreciate this.  Finally, something is taking off.  This type of reaction never happened with Loyaltize.  On a small level in our test market people would say things like “ya know, this is a really good idea.  Very Cool.”  That was nice of them to say, but nothing ever came together and we finally realized we were doing something wrong.

Shut Up and Listen!

If you listen close enough, the world will tell you where you are Great.  You may be like me – hard headed, focused and dead set on making things happen.  Although these are traits successful people employ to move forward, they can also be an incredibly powerful force holding you back.  Are you a programmer who can’t seem to build anything people actually use?  Are you a teacher who comes home from school each day so tired you just want to go to bed?  As a CEO, are things just not lining up for you?  Are there areas in your life where things just happen to come way easier for you?  You might want to take a closer look at those areas.

SHUT UP AND LISTEN!

My advice would be to shut up and listen to the world.  What is it telling you?  Where is it saying “anything you do here will not work.”  Then look the other way to where it tells you “Keep doing this, you are great.”

I know it’s pretty simple stuff.  But trust me, your Greatness might not be where you thought it would be.  Maybe it’s where it always was you just haven’t looked yet.

I am not sure where this writing stuff will take me, I know I will eventually lead a great business.  But all I can say is it already has taken me further in 2 weeks than 5 years working with my ears and eyes closed ever did.

Why Distribution Will Make or Break Your Company

Yesterday, as I was sitting with a friend talking about his early stage company, it hit me.  We were reviewing what he has built, where he is currently and what he is looking to do next.  It was becoming more obvious to me as the meeting went on he was experiencing a common startup dilemma: Great product, No distribution.

Here’s a little background:

This founder has an incredible technical history.  He has worked for very a large tech company here locally and knows his stuff. You can tell he is quite intelligent.  His product is a bit over the average person’s head, more enterprise and B2B focused.  His target customers are business owners and website owners.  He has vast domain knowledge and understands where his product will benefit his users.  He even has a beta version with a small initial user base.   I told him he is in a good situation but has a few big hurdles to figure out.

The problem is he is technically bent, not marketing bent.  Technical people think all you have to do is build a great product.  Although that is true, marketing people understand the positioning of the great product is what determines how big you will grow as a company.   Being foreign, he lacks the clarity in speaking English required to deeply explain his product.  This is fine, but since it is just him right now he cannot depend on a sales oriented approach.  His product is not inherently social, so he cannot rely on word of mouth.

This person is not alone.  I was a part of the recent Founder Institute Seattle winter 2011 class and encountered many companies with similar challenges.  Highly technical team.  Very interesting product.  Solves a unique problem.  But no clear distribution model.

So if you are not building the next social sharing tool, how the heck do you find the vehicle to expand your user base?

Find distribution channels.

1.  Where can you get a free listing or publicity?  There is a magnitude of places on the web where galleries or showcases of applications bring  additional tools to product users (think Google apps).  Is your product is an add on, a second generation tool of an existing product, or interactive with a larger ecosystem?  All these allow you to be highlighted in galleries supporting the main ecosystem.  Find ’em or you will wither on the vine.

2.  What major company needs your product?  One of the best methods to major distribution is to land a very large and visible company as an initial customer.  Maybe you allow them to use it for free with the agreement they will promote it.  Maybe book them with a very large price tag to help you float for the next 6 months.  Whatever the agreement is, make sure you can find a market leader who will provide the credibility necessary for others to follow.

3.  Social Proof.  Although your product is not inherently social, you can still figure out ways to bake in social proof to the everyday use of your product.  It’s the old hotmail bit… every time an email message was sent, hotmail automatically added to the end of each message “Get your private, free email at http://www.hotmail.com”.  This idea is still one of the best marketing concepts every created.  Figure out how to implement it your own unique way.

4.  Find the Influencers.  The main thing I tried to nail home with my friend was he needed to find the one percent, the main target users who will become the influencers for his product.  Together with the above mentioned ideas, this is how you integrate yourself into the proper distribution channels.

And to bring it home, here is the only way I could describe it to him.

Dude, I just started blogging 2 weeks ago.  When you start a blog, you begin writing with the knowledge that only 20 or 50 people will be reading your stuff.  I quickly realized this and decided I needed to ink a few distribution deals if I was going to grow my readers.  I reached out to John Cook at Geekwire.com.  He like it and got me on there.  I reached out to an editor at BusinessInsider.com.  She liked it and hooked me up.  Now, thousands of people are reading my stuff and it is starting to grow.  People are adding me on Twitter like crazy (that was your que) and now they are connected to me independent of those resources.  Without those distribution deals, I was dead in the water.  You need to do the equivalent of that with your product or you will never grow.

A Public Thank You to John Battelle

Disclosure: no one knows I am writing this, not even John.  It is not a stunt for attention, but a genuine thank you.

This morning, as I was glancing through FM Signal it occurred to me how much value John Battelle brings to this industry (and to my life).  It also occurs to me how hard he works.  Amazingly, he touches numerous industries – marketing, advertising, technology, the web, early stage startups, blogging, journalism, music and many others.  Even better, he is at the cusp of bringing together and connecting those industries, a skill I don’t see in many others.  I look forward to each day as he curates information just for my unique education.  And, boy do I still need it.  You should take note just some of the ways he adds value to our lives:

Federated Media

Started by John in a garage in 2005, FM was intended to create a business model for the best independent publishers.  I have always been impressed with FM and look for great things from them in the near future.  From their site:

FM develops programs and products that help brands engage in those conversations and host their own dialogues with current and potential customers. As we’ve grown to have offices across North America and represent a larger number of partners, that basic principle continues to describe our business.

Web 2.0 Summit

Each year in the late fall, the tech world convenes for one of the great rituals of the industry –  The Web 2.0 Summit.  Years ago, this was one of the first events to have a tremendous impact on me and the direction in my life.  Did I attend?  No.  But I did always download the audio files of the talks, burn them onto a CD and drive around listening to them on my way to work (it beats radio commercials).   Together, John and Tim O’rielly really helped a guy like me further my knowledge and get up to speed on things.  This year’s, called The Data Frame, should be more of the same great stuff.  I hope I can attend.

The CM Summit

The Conversational Marketing Summit is another event put on by Federated Media, focused on the intersection of Marketing and technology.  Arguably, marketing people need John more than we tech people do.  They need someone who can communicate in both languages – marketing speak and tech speak – to help nudge them towards more effective concepts.   The next one is June 6th in NYC.   Go here for all things CM Summit.

FM Signal

Each morning I am greeted with a collection of 8 to 10 links to very informative and educational articles.  I make sure I start my mornings with a review of the latest in the industry, so this is one of the first emails I open each day.  Coffee, check.  Music, check. Signal, Check.  Man, good stuff.  If you want an edge in this industry, you must get the Signal.  Go to the upper right hand corner on this page to sign up.

Influential Blogger and Author

In addition to FM Signal, John blogs at John Battlelle’s Searchblog.  He always has unique insights to a variety of topics, mostly around the web, technology, and conversational marketing.  Also very useful has been the book The Search, an in-depth look at how Google and search in general has transformed our world.

If you are in any of the above mentioned industries, use these resources from John.  They have no doubt changed my life.  Thank you John.

Breaking: Who’s in control of Groupon Now?

Groupon files an S-1 for an Initial Public Offering today.   Huge details revealed on Business Insider.  The question now becomes: Who’s in control of Groupon?

Lightbank partner Eric Lefkofsky owns 21% of the company’s voting shares. Founder and CEO Andrew Mason owns 7.7%.

I am not sure if this is good or bad for the “web” but it sure is HUGE.

It’s A Tight Balance Between Psychosis and Brilliance

You know you are an entrepreneur when you say…

I have no idea when the next paycheck will come in.

This can be the scariest thing in the world… just hold on.

I have no idea when the next round of funding will come together.

Your dream could end at any moment… just hold on.

I have no idea if my business will even be successful.

How are you supposed to know what will happen a year from now… just hold on.

I have no idea who will be the next engineer to help build my product.

Don’t worry, you can barely embed youtube code into your wordpress blog… just hold on.

I have no idea what I am actually doing, am i crazy?

Cat chase tail, cat chase tail, cat chase tail… just hold on.

You also know you are an entrepreneur when you say…

I know so deep in my heart this is the only direction I want to go.

You must trust your gut… now quit that job and start living how you’ve always wanted to.

I can’t stop reading posts and articles about other startups, I need more!

You have a disease; it’s called entrepreneurship… learn to live with it and just effing do it.

Holy crap, I do know more about Google, Facebook and Twitter than any of my friends!

That is what happens when you can’t stop reading… now go find another engineer

Every time I start writing about technology or startups, great things come together

This is one of the biggest signs you are operating in your strength zone…. follow it.

Entrepreneurship is a tight balance between psychosis and brilliance.  Balance it.