entrepreneurs

3 Things We Can Do Better in Boston

Yesterday Doug Banks of Mass High Tech posted a great response to the Greylock leaving Boston autopsy found on Xconomy.  Suffice it to say, there's plenty of debate over the health of Boston's entrepreneur ecosystem and many are tired of the Silicon Valley vs. Boston debate and hate.  As Doug Banks wrote, "Does New England still have work to do? Of course we do." I totally agree, which is why I'd like to highlight 3 things we can do better in Boston.

Great Insight by a Great Man – Sam Walton’s Five Points of Creating a Successful Business

I am a firm believer of learning from past and present successful Entrepreneurs. One of the greats, Sam Walton the founder of Wal-Mart, if alive today would be the richest person in the world times TWO – being twice as rich as Mr. Bill Gates. I watched a documentary on his life and observed 5 true points of a creating a successful business: 

Founder Fridays: MyZamana

Who are the faces behind a company? How did the company get started? These are common question you may have about startups you see and hear about. If you don't get a chance to personally meet the founders, you're unlikely to ever know their story. That's where we're starting Founder Fridays. 
 
Each week, we'll profile a different startup (with ties to Boston) through a simple interview that highlights some of the simple questions that make all the difference for a startup like, "How did you meet your co-founders?" and "What was the best advice you ever received?"
 
This week, we have Ashish Kundra from myzamana, who has created a dating site for the South Asian community.

Jonathan Kay: Invest in a Community Manager. Now.

Have you ever noticed that girls always seem to travel in groups at night?  Or that smaller guys at the bar always seems to act tougher when “their boys” are around?  Not so much a coincidence.  People are very much a product of their community (or “tribe” as Seth Godin might point out).  In fact this concept of “community” is a very powerful one.  It’s a pretty democratic idea when you think about it.  Community is what empowers petitions and protests to be such powerful tools.  Community is the power of people.
 
In fact, social media and web 2.0 websites have only made this idea of tribes even more powerful.  Why else would there be well over 40 pages of open “Community Manager” Jobs?  Why would I do what I do at Grasshopper Group and Jason do what he does for oneforty?  Because it works…and businesses need to care about their community now more than ever.  Here are a few reasons why if you don’t have a community manger…you need to hire one:

5 Questions To Stay Ahead

Starting a company and being your own boss seems like the best occupation. With the local support in the Boston community and a creative team, starting a venture has become more appealing. Once you get the ship running, here are 5 questions to keep you from sinking. 

Dan Pickett: Find Your Founder: Five Romantic Tips From a New Technical Cofounder

Finding someone to start a venture with you is tough business. Being a newlywed and finding many similarities between this and getting married, I always tend to associate seeking a cofounder with dating. So, I've assembled five tips for you that should help set the mood.

Mike Kowalchik: Founding Challenges: Co-founders and the problem of the “good idea filter”

 If you are contemplating joining someone you've just met to start a company, there’s a tendency to use a ‘good idea filter’ on them. In many cases I’ve heard potential co-founders describe their meetings as “She was nice, we definitely clicked, I could work with her, but I’m not sure I buy her idea.” It seems like a lot of potential co-founders are looking for the so-obvious, lightning-strike idea and then, and only then, to connect together and start executing. Very few companies begin with such a foundation.

Why Startup Weekend is the Best Kind of Founder's Dating

The structure of standard entrepreneurial networking events where you're quickly pitching your idea may not be the best way to find a co-founder; when you're trying to find a business partner, there are many elements that have to come together for it work and many question you need to try to answer.  The amazing part about Startup Weekend is that many of those pieces can come together in just one weekend thanks to the event's unique structure.

Mike Kowalchik: 4 Tips for evaluating startup ideas and potential co-founders

While I believe the best way to evaluate potential co-founders is to work together, often times the first steps in the process are quick introductions and elevator pitches. In this part, I outline some tips for looking at idea pitches as starting points to exploring potentially long-term working relationships rather than quick filters.

Kabir Hemrajani: 5 Tips for Finding a Technical Co-Founder

 A major hurdle for bizdev folks interested in tech startups is connecting with technical people that share their vision and are able to execute. I've been extremely lucky to find an amazing developer to bring RiotVine to life and this is what I learned along the way:

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