Entrepreneurs deserve the celebrity status they are accorded

Thursday, 5 November, 2009

It had to happen sooner or later, with the number of startups – and subsequently – entrepreneurs in circulation, it was only a matter of time before they began to assume celebrity status.

What’s warm, fuzzy and the perfect recession-era pitchman for everything from iPhones to laptops to credit cards? If you ask some of the country’s big advertisers, the answer would be: the entrepreneur. Trying to tap into the popular belief that entrepreneurs are somehow more authentic – and more innovative – than big corporations, a handful of the country’s highest-profile employers are tapping small businesses as spokesmodels.

Read more posts on related topics

, , ,

The role of good luck in startups, also an important ingredient

Wednesday, 4 November, 2009

While skill, motivation, and some money are essential for starting up any new business, the part that luck plays is often vastly underestimated, writes Paul Graham.

Actually the best model would be to say that the outcome is the product of skill, determination, and luck. No matter how much skill and determination you have, if you roll a zero for luck, the outcome is zero. These quotes about luck are not from founders whose startups failed. Founders who fail quickly tend to blame themselves. Founders who succeed quickly don’t usually realize how lucky they were. It’s the ones in the middle who see how important luck is.

Read more posts on related topics

, , , , ,

Fund your startup (or retirement) by getting rid of your TV

Wednesday, 29 April, 2009

Watching TV becomes an expensive past time if you take the hourly rate of your present job and calculate it by your number of viewing hours.

To put it into perspective, if you watch an average of 31.5 hours of TV each week (which the average person in the US does) and you value your time at minimum wage of $5.85 an hour, you are spending nearly $800 a month ($798.53) to watch TV. That comes to nearly $10,000 ($9582.30) a year. I would imagine that most people reading this value their time well above minimum wage, so the cost is likely several times that number. When you look at it from that perspective, watching TV is an extremely expensive and financial draining habit to have.

While I’m stretching it to make two hours a week, it does put an interesting perspective on the amount of time spent watching TV.

Read more posts on related topics

, , , , , ,

Lifestyle and life balance: success is what you make it

Friday, 24 April, 2009

Does working long hours mean you’re a success? I always thought working fewer hours was a way of saying you’ve made it…

It’s been a long time since there was a direct correlation with the number of hours you work and the success you enjoy. It’s an antiquated notion from the days of manual labour that has no bearing on the world today. When you’re building products or services, there’s a nonlinear connection between input and output. You can put in just a little and still get out a spectacular lot.

Read more posts on related topics

, , , , ,

Ugly dumps and startups, a recipe for success

Monday, 20 April, 2009

Startups can save a fortune if the founders decide to setup both their residence and workplace in the same place.

Also in Boston are Dan Haubert, 25, and Tom Davis, 24, who moved in together to launch TicketStumbler.com, which aims to be the Expedia of sports and concert tickets. The “ugly dump,” says Haubert, lets them “live and run a business on a few thousand a month.”

Read more posts on related topics

, , , ,

Lie-Low for success, startups that run on the smell of an oily rag

Tuesday, 14 April, 2009

Entrepreneurial types are giving rise to new breed of startup, LILOs, or “a little in, a lot out” (a very, very, new term by the way), which are all about spending the minimum of money but the investing of as much effort and hard work as is possible.

At no other time in recent history has it been easier or cheaper to start a new kind of company. Possibly a very profitable company. Let’s call these start-ups LILOs, for “a little in, a lot out.” These are Web-based businesses that cost almost nothing to get off the ground yet can turn into great moneymakers (if you work hard and are patient).

disassociated PLC may be one such example… watch this space (cheques from VCs more than welcome).

Read more posts on related topics

, , , ,

Farewell JPG Magazine

Monday, 5 January, 2009

JPG Magazine closes it doors sometime later today. Despite JPG’s well known back story, still a sad day.

We’ve spent the last few months trying to make the business behind JPG sustain itself, and we’ve reached the end of the line. We all deeply believe in everything JPG represents, but just weren’t able to raise the money needed to keep JPG alive in these extraordinary economic times. We sought out buyers, spoke with numerous potential investors, and pitched several last-ditch creative efforts, all without success.

Read more posts on related topics

, , , ,

Australia’s top web 2.0 entrepreneurs

Thursday, 30 October, 2008

Brad Howarth has recently a put together a list of Australia’s top web 2.0 entrepreneurs:

The ability to throw a company together or tear it apart in a matter of days – with minimal outlay in hardware of software development – is a hallmark of web 2.0 development, which focuses on sharing and re-use rather than building everything from scratch. It also means that entrepreneurs are relatively unfazed by current economic conditions – it is easier to sustain a business when it owns no assets and runs on the smell of an oily rag.

There’s been quite a few Top [insert number] lists appearing across the web recently, at this rate I think we’ll soon need a Top 10 list of such lists. ;)

Read more posts on related topics

, , , ,

Australian Startup index for October 2008

Monday, 13 October, 2008

The Australian Startup index October edition has been posted.

Interesting to see that Compete rankings, which generally gauge the number of US visitors to a website, are being used as one of the metrics to compile this list.

Still it’s good to see some local startups enjoying a high profile in a large market such as the US.

Read more posts on related topics

, , ,

Australia’s top 10 mobile moguls

Wednesday, 3 September, 2008

Brad Howarth has recently compiled a list of ten significant influencers of Australian mobile content development and delivery.

Following the launch of the iPhone, the mobile industry has become hot property. But this is not a new sector. A group of industry pioneers have been slowly building Australia’s mobile industry for more than a decade. Building an industry can be a thankless slog, especially when the idea is compelling but the business models elusive. Such is the lot of many of Australia’s innovators in content and applications for mobile phones.

Read more posts on related topics

, , , , ,