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Elevator Pitch at Boston ENET
Last Tuesday I had the chance to give an elevator pitch for ArtistBomb at Boston ENET. (The pitch was recorded, so I can post a link if it gets uploaded somewhere.) I’d like to share the formula I used so that you can adapt it for your own work. What’s the Goal of an Elevator […]
Two Must-Join Networking Groups for New or Aspiring Boston Entrepreneurs
About a year ago I left Terrafugia and launched myself solo into Boston’s entrepreneurship scene. The advice given to me by a distant mentor was “find some local entrepreneurship resources and get involved.” I started by Googling. I was amazed by how much exists in Boston. Two groups in particular have earned a lot of […]
Busier than a one-legged man at a butt-kicking contest
Yes, I guess I am, but I don’t feel that way. Below are some fun statistics from my personal task list, and one big surprise at the end. (For those of you that don’t know, I follow David Allen’s Getting Things Done to stay in control and Making it All Work to keep perspective. The gist […]
Five Reasons why Entrepreneurship Isn’t Quite Business
Good entrepreneurship eventually leads to good business. But here are five reasons why the two start out different: 1. Framework Startups may be inventing either a new product or a new service, but quite often they’re also reinventing a business model. Good businesses, on the other hand, already know how they’re going to make money. […]
Millionaire to Entrepreneur: Death by Climate Change
Last night I saw Robin Chase, Co-Founder and former CEO of zipcar, speak at the Merrimack Valley Sandbox Summit. She told some very engaging stories of the ups and downs of startups. She said that the number one thing was to be intellectually honest with yourself and with your customers, especially if your business wasn’t […]
An Entrepreneur Neither Loved nor Savvy
After leaving my corporate job last fall, I joined up with elance.com, a site designed to help freelancers find work. I submitted 29 bids and got selected once, the one time I offered to work for less than minimum wage. The economics are tough: elance is a global marketplace, so I was bidding with my […]
Why I Wouldn’t Bet the Farm
How many times have you heard an entrepreneurial success story where the founder took huge risks and won big? It usually goes like this: they took out a home equity loan, maxed out their credit cards, and pitched violently forward into the ditch of debt only to be saved at the last minute by a […]
How to Tackle Someone in an Elevator
I’ve been going to meetings for the Boston Entrepreneur’s Network for a while now. I like the group a lot and have found the meetings to be very well moderated and timed. (This is a big deal for me; it means I know the guest speakers have had a chance to say what they wanted to […]
The Surprising Math Behind Startup Dilution
This recently blew my mind, so I thought I’d share some simple math with you. Imagine an investor wants to invest in your startup. He says it’s worth $1 million and he wants to invest $500,000. He’s going to take half your company, right? Wrong. He’s going to take one third. At least, that’s the […]
