Posts Tagged ‘Entrepreneur’

KitchenPC

July 16th, 2010

 

BrainHuddle is about sharing ideas and kicking them around (I need to do this more often) so I thought I’d share one I recently came across while at the aforementioned crowd pitch. I was fortunate enough to meet, Mike Christensen, President and Chief Architect of Kitchen PC ( link for when it is launched). Since he voted or me with his fake money I couldn’t help but like him to start off with. Then I heard how he too had decided to take the plunge leaving a full-time job with successful corporation in the Seattle area and had coincidentally just parted ways with a business partner as I had (good luck Mark in Nicaragua!). It is nice to find a commonality with others especially recent commonality. 

So here is the idea, and hopefully I do it justice. KitchenPC is a website where you can enter the ingredients and quantities you have available in the kitchen and it will give you recipes that you can use. Either your own or others. Now I have a way to narrow down my dinner planning choices. It is still being developed as we speak but I’m sure Mike would love some user input. Follow his entrepreneur’s blog to keep up to date on his progress.

 Let’s help him out with his market research. Has anyone come across similar sites? Which ones and what did you like or not like about those sites?

Godzilla, the ideal entrepreneur?

March 26th, 2010

I was pointed to this article/video from Tech Crunch this past February that shares a little bit of Mike Maples’ story and philosophy. He references Thunder Lizards as the ideal kind of companies to invest in because they disrupt they way things work, require fairly minimal investment amounts, and have huge returns upon exit. When he talks to entrepreneurs he is looking for someone who has a non-consensus idea and  the right attitude: crush the competition and dominate the world. They’re not looking for just a quick exit, but rather they want to impact the world.

It caused me to pause and wonder what vision and attitude I had towards the ventures I’m involved in. Do I want to be a Thunder Lizard or am I content with just a little rampage? Even though I want to bootstrap am I willing to take on some investors to grow more quickly before Tokyo can prepare for my attack? Are you a Thunder Lizard?

What Health Care Reform?

March 23rd, 2010

Okay, so I thought I’d quickly contribute to the already flooded media channels with one more set of comments about the recent Health Care Reform bill that was just signed. I’ve for the most part just stuck my head in the sand while the debate raged on. Why?

Partly because I think the debate is over the wrong thing. This is about insurance reform not health care. If it were about health care we would be discussing ways to change the root causes of poor or failing health and exploring solutions. This hasn’t really been touched, though as Nathaniel Whitmore points out in his blog post via Social Entrepreneurship this is where opportunities abound for entrepreneurs.

Don’t get me wrong, I’m not saying it isn’t important. It creates the landscape and parameters for businesses and individuals to play within but it is only part of a system and doesn’t strike at vital behaviors-those few things that really move the needle. The hard part about it all is that everybody wants to move the needle a different distance. Talk about market segmentation.

Stay on target…

March 4th, 2010

Yesterday, I spent doing some initial market validation for Tshirts4hire.com as I attended a lunch put on by Corporate Alliance, a business networking group, and a weekly gathering at Gangplank Utah.  I had a chance to talk with businesses owners about what appealed to them about what we’re offering and a group of college students about what reservations and questions they had.

The information wasn’t new but the emotional connection was. Business owners got very excited about the ability to target specific groups, demographics, or geographic locations. Price didn’t even come up in the conversation even with some start-ups later in the day which kind of surprised me. It also helped to hone our focus on what we need to be sure we get right or what is most valued.

Conversations with students were more around how everything worked in the process. Again they helped to focus our efforts on being extra sure that we’re clear and transparent with the entire process. After they understood how everything worked most thought it was a great idea and knew someone who would “totally do this” though interesting to note it wasn’t something they were itching to do themselves.

I’ve got to investigate that a little more to allow for a quicker adoption by everyone instead of just a particular target group (our love group). Any insights from anyone as to possible barriers as to why you wouldn’t want to get paid for wearing a t-shirt?

Seth’s Question

February 14th, 2010

Friday I had the opportunity to listen to Seth Godin at fundraiser for Haiti put on by Startup Princesses that I thought I would share what I heard. He was semi-pitching his new book, Linchpin. Seth began and ended with the same question: Are you a genius? By genius he means someone who creates something that wasn’t there before.

He then launched into a short description of the evolution of the type of work starting with hunting then farming, then factory work. At this point he took a tangent that lasted for some time as he elaborate on Henry Fords ability to make an assembly line and one of the keys to being able to do so is replaceable parts that were fairly consistent and still work within the system. Seth then extrapolated that this view has spread to replaceable people and that more and more all employees are being treated like lunch ladies (at this point Seth was showing us his large collection of lunch lady photos).

He goes onto riff that public school systems really just teach kids to be compliant so that eventually they can be good replaceable employees. Now this is a view I share in large part in that I think a lot of school systems even and especially charter schools are set up to meet the employment needs of major employers. Ideally, I think it should help kids explore there interests but that is another topic for another post.

Okay so some how Seth gets back to comparing Karl Marx’s and Adam Smith’s view of a pin making machine (2000 a day-give or take- vs the prior 4-5 per day per craftsman) Adam Smith apparently looked at it and sees the world through the eyes of those with the capital to buy the machine so that they don’t need to hire as many people and things run more efficiently and Karl apparently looks and sees the dangers to the craftsmen that now they will be replaceable. This is where he introduces where he thinks the next type of work is going to be. He used the term Artist-those that solve interesting problems and create or invent. He then hypothesizes this is because now everyone has The Machine and not just the capitalists because there is this thing on computers called the internet that allows the middle man to be cut out of the picture.

Artists are the linchpins of society that are rare but allow everyone else to work. Seth’s invitation was to become one of them and leave the cog world behind ignoring what he call the lizard brain and the resistance. If fear tells you not to do something then do it! It felt good to be going that direction. I also found his distinction between an entrepreneur and a freelancer compelling-A freelancer doesn’t make money while he is sleeping an entrepreneur does. Which are you or are you still a replaceable cog? Are you a genius?

Two Weeks Notice

February 3rd, 2010

2 weeks

I’m back on the high dive, to stick with an analogy in an earlier post. I’ve just given my traditional 2 weeks notice to my full-time employer so I can focus on my part-time pursuits permanently. Transitions are always tough because it where our mental models and experiences tend to break down since we don’t find ourselves there very often.

In the meantime, Tshirts4hire.com has a splash page up! If anyone interested in participating in that venture’s journey submit your email and we will update you when the full site launches. We are crowd-sourcing our web design at CrowdSpring.com. So if anyone knows any web designers looking for something to do send them to the following link. Go and check it out yourself and see if you have a favorite. You can post any votes or comments here on this comment stream.

Part-time Ponderings

December 16th, 2009

Currently I have a full-time job and am seeking to do a start-up or two on the side. Like many of us it is with plans to sometime switch from the full-time grind of working for someone else to the full-time grind of working for myself.

However, the whole work-life balance thing (like I ever really had it to begin with) gets thrown out of whack with this part-time approach because of that silly 24 hours in a day rule and this annoying thing called sleep (it really isn’t annoying-I love it actually). The problem is compounded if you have others in your life like a spouse or children.

As I examine my life and look to do those things which energize me and are most important to me I find that my current job just gets in the way, especially because it demands as much as I’ll give and then some. So I consider quitting…

It is like going to the edge of the high dive for the first time inching cautiously closer and peering over the edge before changing your mind and postponing it just a little longer-especially in this economy I tell myself.

The phrase “this economy” makes me think of all the opportunity there is because there is so much pain to solve. So I pause at the end of the diving board and glance back to consider it once again.

What if I just find a less demanding job that doesn’t require a long commute, in a place that doesn’t cost so much to live in? Would it get easier? I ask myself. Would I take a pay cut to have that? Would my family? Would I work a job that wasn’t fulfilling for that free time?

Then I start to dream a little more-what if it was job I actually enjoyed? Whoops back to working for someone else. So much for breaking out of my cage. So I look at learning from those who are doing it. What if I were to work for a start-up, that’s a good way to get my feet wet with this whole entrepreneurial thing. My daydreaming search turned up a few interesting sites that I wanted to share in case you happen to take this exit on the highway of life.

Here are a few job posting sites that specialize in working for start-ups. Warning some are geographic specific and others primarily focus on tech jobs:

www.startupers.com

www.startly.com

www.startuphire.com

www.startupzone.com

www.hotstartupjobs.com

www.ventureloop.com

Here’s hoping for a swan dive rather than a belly flop. Good luck everyone!

On the Shoulders of Giants

November 20th, 2009

I happened to come across Google Scholar’s tagline encouraging searchers to “Stand on the shoulders of giants.” The phrase is usually attributed to a quote by Sir Isaac Newton who was deflecting praise for his vision and accomplishments when he said, “If I have seen further, it is by standing on the shoulders of giants.” The phrase denotes others having done the work and you benefiting or building on top of it.

I’ve worried that I’ve used that as a justification for taking a couple different developed ideas and combining them to create something I call my own but know full well that it is really just a hodge-podge of other people’s ideas. Was I just saying “me too!”? Did the R&D I was doing really stand for “rip off and duplicate”? What kind of Entrepreneur am I? A friend noted as I was lamenting my quandary that as long as you were adding value you were creating and not just copying.

In Peter Drucker’s Innovation and Entrepreneurship, he traces the first use of the word entrepreneur to the 1800s. “The entrepreneur shifts economic resources out of an area of lower {productivity} into a higher area of productivity and greater yield.” -French Economist JB Say. It was first coined specifically as an intermediary between capital and labor. It is interesting to note the French meaning of the words ‘entre preneur’ would translate to a “between taker”.

Mr. Drucker elaborates by saying that often the entrepreneur doesn’t create the change themselves but looks for changes and capitalizes on the opportunities created by the change. Where is the need now? What opportunity has recent change created?

Innovation also is created by the combining of two unrelated components into something never before supposed. We liked that idea so we’re exploring a fun way to bring that experience and opportunity to you. We’re still trying to decide what to call the tool though. Email us if you’d be interested in trying it out for us. More details later.

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