🌐 Public

Entrepreneurship

By J.R. Sedivy

Introduction

Philosophical and practical information related to entrepreneurship. Generally addresses the time period from idea creation to discovery of a repeatable business model.

J.R. Sedivy — Entrepreneur

4 Finding Your Massively Transformative Purpose

This Privacy Policy governs the manner in which PHD Ventures collects, uses, maintains and discloses information collected from users (each, a "User") of the http://www.boldbook.com website ("Site"). This privacy policy applies to the Site and all products and services offered by PHD Ventures. Personal identification informationWe may collect personal identification information from Users in a variety of ways, including, but

Added by J.R. Sedivy: “A story about the potential downside of crowdfunding.

6 Dawn Sole turned to the Internet to fund her business. Then the Internet turned on her.

Celia AmpelReporter South Florida Business Journal Email |Twitter |FacebookThe UpTake: Crowdfunding websites can leave entrepreneurs vulnerable to fraud, as Dawn Sole found out to her chagrin. M iami entrepreneur Dawn Sole figured much of her struggle was over once she started an Indiegogo crowdfunding campaign for her invention. She had spent four years working on Pluck N' File, a "Swiss

Added by J.R. Sedivy: “Great advice on how to find your passion.

7 Billionaire Thinking Strategies

This Privacy Policy governs the manner in which PHD Ventures collects, uses, maintains and discloses information collected from users (each, a "User") of the http://www.boldbook.com website ("Site"). This privacy policy applies to the Site and all products and services offered by PHD Ventures. Personal identification informationWe may collect personal identification information from Users in a variety of ways, including, but

11 The Ethics of Entrepreneurship and Profit

In the most fundamental sense we are all, with each of our actions, always and invariably profit-seeking entrepreneurs. Whenever we act, we employ some physical means (things valued as goods) - at a minimum our body and its standing room, but in most cases also various other, "external" things - so as to divert the "natural" course of events (the

Added by J.R. Sedivy: “Ideas are abundant, execution is rare. Discovered this excellent article in The Startup Manual Gibbon thread by Wouter de Bres.

12 Let Others Steal Your Ideas

Hank Frigon was on the board of one of my early startups -- License Monitor, and was a mentor of sorts. He taught me a few lessons and this one I remember very well. Richie: Hank why is it that you tend to initially refuse to sign non-disclosure agreements (NDAs)? Hank: I usually eventually sign them as needed, but the

Added by J.R. Sedivy: “Sometimes as an entrepreneur you need a simple reminder to stay the course. I originally discovered this poem/video on within Philosophy by Julie Donders here on Gibbon, but it felt equally relevant to entrepreneurship.

13 All The Way - A Charles Bukowski Poem

Added by J.R. Sedivy: “A candid interview with a VC funded entrepreneur.

14 Backupify co-founder Rob May discusses launching software company in Louisville, growing in Boston

Rachel AretakisReporter/social engagement coordinator Louisville Business First Email |TwitterThe UpTake: Rob May, co-founder of the Louisville-based software company Backupify, founded his company 6 years ago. But it took years before he really felt confident. T hough Backupify Inc. is about six years old, it wasn't until 18 months ago that founder felt confident. "There's just so many times that you're

15 Peter Diamandis – Evidence of Abundance #16: 1000x cheaper to Launch a Startup

Today, it's 1,000x cheaper to start an Internet company than 14 years ago. That's amazing! Today's evidence of abundance is about this plummeting cost of launching an Internet startup. In 2000, just before the first dotcom bubble burst, it cost a whopping $5 million to launch a tech startup. Watch what happened, though, as open source communities, cloud computing, and

16 Employee Equity: How Much

This may be the most popular AVC post of all time based on the amount of traffic it gets month after month after month. I think I may rewrite it at some point because while I still believe the basic ideas here are correct, some of the math has changed due to market pressures and it deserves a rewrite. With

17 Max Levchin says get that company rolling

Kent Bernhard JrUpstart Business Journal Money & Finance Editor Email |TwitterThe UpTake: Paypal Mafia member, serial entrepreneur and angel investor Max Levchin has a bit of advice for the would-be entrepreneur. Get started--now. M ax Levchin 's got entrepreneurial street cred. The immigrant entrepreneur and angel investor is an original member of the PayPal Mafia who started his first company

18 Wisdom from Seneca on What to Read - Adam Townsend

There are many merchants of a sort, at the walls of the VC and Startup castle. They mythologize their own success and, when needing more authority cite an incomplete glimpse of business case study to prove their own careless theories. Although many of these books have laudatory praise from well known names or industry leading CEO's, many times that is

19 THE ART OF SLOW GROWTH

What do Twitter and Breaking Bad have in common? Neither would have survived based on their pitch alone. "A blog limited to 140 characters?!" "A meth making high school teacher dying of cancer?!" By starting with their own curiosity, the creators of these hugely visible properties let time and user feedback show them the way. Flipping the usual conventions, they

20 The Grumpy Founder Syndrome

The Grumpy Founder SyndromeWe had a meeting with our investors the other day. Lucky enough we have investors with who we can be completely open and honest. When they asked us how things were going, we started rambling about all the things that we still have to improve and all the things that we still have to do. We had

21 Planting Seeds

Planting SeedsProduct Hunt: from experiment to VC-backed startup When you look back at yourself six months from today and don't feel embarrassed by your naiveté, there's a problem. That means you're not learning, growing.So said my buddy, Nathan Bashaw, over drinks at a wine bar in SOMA. I was three years into PlayHaven, the startup that brought me to San

Added by J.R. Sedivy: “This is good advice for entrepreneurs, especially those seeking funding.

23 Overcaution is as bad as no caution. It makes other people suspicious.

If you expect others to have confidence in you, you must conduct yourself in a way that inspires trust. Being so cautious that you never try anything new will damage your credibility just as much as will throwing all caution to the winds and trying any idea that comes along without thinking it through. (Most people equate any kind of

24 Harvard to Homeless - all because of animated GIFs

Harvard to Homeless - all because of animated GIFs"Hey - it's Rory. Room 208. Is there anyway we could have a late checkout time - please?" It was almost as if in this moment, our entire world was confined to our quaint hotel room. A small bed. A chair. A desk. A usable bathroom. We would live anywhere, as long

Added by J.R. Sedivy: “I am presently enrolled this course at Coursera and just completed the first week. So far this course really seems to capture the spirit of entrepreneurship and the challenges faced by the entrepreneur.

25 Developing Innovative Ideas for New Companies

About the Course #1 Entrepreneurship Course on Coursera* #3 Overall Business Course on Coursera* *CourseTalk's "Top Rated" MOOCs (October, 2014) This course assists aspiring entrepreneurs in developing great ideas into great companies. With strong economies presenting rich opportunities for new venture creation, and challenging economic times presenting the necessity for many to make their own job, the need to develop

27 7 Steps To Selling Your Small Business

Selling a small business is a complex venture that involves several considerations. It can require that you enlist a broker, accountant and an attorney as you proceed. Whether you profit will depend on the reason for the sale, the timing of the sale, the strength of the business's operation and its structure. The business sale will also require much of

28 5 ways to prep your business for sale in 2014

Thomas Barwick | Stone | Getty Images If you've been waiting for a healthy environment to sell a small business, 2014 may be your moment. The BizBuySell Insight Report, published by the online business marketplace BizBuySell, found that the number of small-business deals that closed in 2013 increased by 41.7 percent in the third quarter compared to the same quarter

29 Valuation Rules of Thumb

We business brokers use rules of thumb every day to help sellers put price tags on their businesses. Such "rules" are very useful tools for appraising nearly every small business. They can be used to cut through the confusion. But, rules of thumb are only rough descriptions of reality. They are gross simplifications. In that sense, they are 'dumb'. When

30 How Much Is This Business Worth?

Q: I am looking into trying to buy an existing teashop. The owner said to make him on offer, but I'm not sure of the best way to determine the worth of the business. Do I ask to see his books or do I value it based on the existing clientele? What kind of time frames do I need to

Added by J.R. Sedivy: “Why large companies cannot keep pace with startup innovation.

31 Driving Corporate Innovation: Design Thinking vs. Customer Development

Posted on by steveblank Startups are not smaller versions of large companies, but interestingly we see that companies are not larger versions of startups. I've been spending some time with large companies that are interested in using Lean methods. One of the conundrums is why does innovation take so long to happen in corporations? Previously Hank Chesbrough and I have

Added by J.R. Sedivy: “Interesting example of network effects and how they impact entrepreneurs, investors, and the economy.

32 The Dentist Office Software Story

I've been telling this fictional story about Dentist Office Software for years to describe why we are so focused on our "networks" investment strategy. Yesterday I told it at a HackNY event we did at the USV office and my partner Albert provided a finishing touch that really drives it home. Since I've never told the Dentist Office Software story

36 The Surprisingly Large Cost of Telling Small Lies

Recently, I caught up with one of our angel investors for lunch: Peter is a brilliant entrepreneur from England who has lived all over the world. He has built several businesses and now lives a dream life with a house on a harbor, a happy family and a broad smile. As our conversation drifted from an update of my company

37 What is everyday life like in Silicon Valley for UK immigrants?

So I'll get the ball rolling on this question to coax someone who's lived here for longer to answer. A quick bio, I moved out to the US from the UK whilst in my early 20s and have lived in a couple of states within the US, namely MD, PA, CA. At time of writing I live in Mountain View.

38 What is it Like to Live in Silicon Valley?

People from outside this area often ask me: "What is it like to live in Silicon Valley?" Here I will attempt, as briefly as possible, to explain why I would rather live nowhere else. This post is longer than most of mine, and includes a number of useful links. I hope for it to become a resource for visitors and

40 Unregulated Crowdfunding

Two years ago Congress passed the JOBS Act, promising to help small businesses and startups more easily raise capital by loosening various Securities and Exchange Commission (SEC) regulations. Two years later, it's as hard as ever to raise equity capital and if you aren't rich (accredited or qualified investor status), you can't legally participate in the world of startup investing.

41 Jack Dorsey At The 99% Conference

Back in 2010, Scott Belsky asked me to give a talk at The 99% Conference. That's when and where I delivered the 10 Ways To Be Your Own Boss talk. Jack Dorsey followed me on stage and delivered this 15 minute talk. I sat in the audience for Jack's talk and loved it. So I thought I'd feature it here

42 Why Companies Are Not Startups

In the last few years we've recognized that a startup is not a smaller version of a large company. We're now learning that companies are not larger versions of startups. There's been lots written about how companies need to be more innovative, but very little on what stops them from doing so. Companies looking to be innovative face a conundrum:

Added by J.R. Sedivy: “I have been hearing more recently about Iceland as a draw for entrepreneurs and technology. This is an interesting talk encouraging Iceland to retain a friendly regulatory environment for technology entrepreneurs.

43 Brad Burnham On Iceland, Economic Development, and Networks

My partner Brad and our colleague Nick have been advising some folks in Iceland on economic development and how the Internet and networks could be the key to giving their economy a big push. They have been doing that for several years now. Last March Brad went to Iceland and gave a talk to a bunch of policy makers there.

Added by J.R. Sedivy: “Many of the most successful entrepreneurs view themselves as artists with a primarily goal of creation. Money and success are secondary consequences of successful creation.

44 The 30-Year-Old Macintosh and a Lost Conversation With Steve Jobs

On a late-November day in 1983, Steven Levy, then a freelance journalist for Rolling Stone, got into a car outside 10460 Bandley Drive, in Cupertino, Calif. As the vehicle sped away from the white office building, Mr. Levy looked at the driver and said hello to Steven P. Jobs, then the young, spry co-founder of Apple, who immediately responded with

45 Engineering a Regional Tech Cluster-part 3 of 3 of Bigger in Bend

Dino Vendetti a VC at Bay Partners, moved up to Bend, Oregon on a mission to engineer Bend into a regional technology cluster. Over the years Dino and I brainstormed about how Lean entrepreneurship would affect regional development. I visited Bend last year and caught up with his progress. Today with every city, state, country trying to build out a

46 Early-stage Regional Venture Funds–part 2 of 3 of Bigger in Bend

Dino Vendetti a VC at Bay Partners, moved up to Bend, Oregon on a mission to engineer Bend into a regional technology cluster. Over the years Dino and I brainstormed about how Lean entrepreneurship would affect regional development. I visited Bend last year and caught up with his progress. Today with every city, state and country trying to build out

47 Bigger In Bend - Building a Regional Startup Cluster

When Customer Development and the Lean Startup were just a sketch on the napkin, Dino Vendetti, a VC at Bay Partners, was one of the first venture capitalists I shared my ideas with. Dino and I kept in touch as he moved up to Bend, Oregon on a mission to engineer Bend into a regional technology cluster. Over the years

Added by J.R. Sedivy: “The best book that describes the essential characteristics of a Chief Operating Officer (COO). The COO is an often overlooked, yet critical and complimentary position to the CEO and is the second in command. Whereas the CEO is the strategist or "thinker", the COO focuses on action and is a "doer" and basically carries out the CEO's strategy. This book provides great real work examples of how this complex, yet effective relationship plays out.

51 Riding Shotgun: The Role of the COO

Riding Shotgun: The Role of the COO

"The critical role of COO has received little of the attention it deserves. Bennett and Miles illuminate the potential and the perils of beingnumber two.

Added by J.R. Sedivy: “The entrereneur's right hand is an often overlooked, but critical piece to the success of a business. Two of my favorite pieces of advice in this article that I have found relevant firsthand - Your deputy should serve as a buffer between you and the team and select someone you have a previous working relationship with so you can fight effectively.

52 How do you find your perfect No. 2?

FORTUNE - Your deputy is the one position at your company that you shouldn't head hunt. It's best to bring in someone you've worked with successfully in the past, so you can hit the ground running from day one. Don't limit your list to past colleagues. They can be clients, suppliers, family members, and childhood buddies. When I founded the

Added by J.R. Sedivy: “Two of the most important considerations when deciding whether to start a business - Do you want to spend the next four years of your life doing this and do you like your customers? Be sure to watch the referenced video.

53 How Do You Want to Spend Your Next 4 Years of Your Life?

Posted on by steveblank As our Lean LaunchPad for Life Sciences class winds down, a good number of the 26 teams are trying to figure out whether they should go forward to turn their class project into a business. Given that we've been emphasizing Evidence-based entrepreneurship and the Investment Readiness Level, I guess I shouldn't have been surprised when someone

Added by J.R. Sedivy: “A lengthy, yet important work to the entrepreneur. The importance of being true and committed to one's individualism and entrepreneurial endeavors are important aspects of this book. Also, the concept of second-handers, those who would profit from the work of the entrepreneur without adding value to the entrepreneur's work is another important theme.

54 The Fountainhead

57 Jonathan Livingston Seagull

Jonathan Livingston Seagull

"Most gulls don't bother to learn more than the simplest facts of flight--how to get from shore to food and back again," writes author Richard Bach in this allegory about a unique bird named Jonathan Livingston Seagull. "For most gulls it is not flying that matters, but eating.

61 Do Things that Don't Scale

July 2013 One of the most common types of advice we give at Y Combinator is to do things that don't scale. A lot of would-be founders believe that startups either take off or don't. You build something, make it available, and if you've made a better mousetrap, people beat a path to your door as promised.

Lordmando03

Freshman

  • 0 Playlists
  • 0 Followers

alessandraoli

Freshman

  • 0 Playlists
  • 0 Followers

Tubagus Ilham

Freshman

  • 0 Playlists
  • 0 Followers

Radostina

Freshman

  • 0 Playlists
  • 0 Followers

ClementFernandes

Freshman

  • 0 Playlists
  • 0 Followers

Bogdan Costea

software developer, traveler, sci-fi addict and above all a loving dad and husband

  • 2 Playlists
  • 0 Followers

Austin Feltan

Técnico Electrónico, Aficionado al Diseño Web y HackSchooling

  • 0 Playlists
  • 0 Followers

Patrick M. Ndifon II

Freshman

  • 0 Playlists
  • 0 Followers

paulocoimbra

Freshman

  • 1 Playlists
  • 0 Followers

Keeks Prisk

Freshman

  • 0 Playlists
  • 0 Followers

Chawki KasmY

Freshman

  • 0 Playlists
  • 0 Followers

Cally

Freshman

  • 0 Playlists
  • 0 Followers

Lvachir Tigrine

Freshman

  • 0 Playlists
  • 0 Followers

abdallah alshaer

big ambition and crazy dream

  • 0 Playlists
  • 0 Followers

Alexis Lawson

Freshman

  • 0 Playlists
  • 0 Followers

bormanm1

Freshman

  • 0 Playlists
  • 0 Followers

Mudit saxena

Freshman

  • 0 Playlists
  • 0 Followers

Pratap Madireddy

Freshman

  • 0 Playlists
  • 0 Followers

stevyallen

Freshman

  • 0 Playlists
  • 0 Followers

sylvankr

Freshman

  • 0 Playlists
  • 0 Followers
Load more

Delete your comment

Are you sure you want to delete your comment?