Please take my 6 question survey!

by Giff on August 23, 2010

I am running an informal survey and will be reporting the results back here. If you have a moment, please take this short survey asking about consumer shopping online, and how you think it might change.

Take the survey!

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Don’t believe in magic

by Giff on August 20, 2010

sorcerersappTwo observations:
1. Very little happens in a startup if you don’t make it happen.
2. Very little is done right if you don’t examine best practices and iterate your own efforts.

Common sense, right? And yet here are some further observations:

Right after I posted about demo tips and the importance of practice, I ran into someone who was at a different startup event where the demos were poor, unpracticed, and un-coached. It is a common problem.

I had coffee a little while ago with a highly successful woman who was frustrated that she hears too many younger entrepreneurs complain about the lack of mentors. “When I started,” she explained, “I didn’t wait for anyone to come to me. I picked the right people and went out and chased them.” She approached landing mentors as a sales cycle, impressing and winning over her targets with brains and a go-getter attitude.

To give a personal example, I used to believe in magic when it came to public speaking. I thought there were “gifted” wizards like Steve Jobs who could just get up and wow the crowd. Then I realized that all the best speakers practice the hell out of their talks. Brilliance doesn’t happen on its own.  (btw, if you want to learn more about public speaking, I recommend Scott Berkun’s book, Confessions of a Public Speaker)

There is no magic in marketing, virality, and product design. Instead there is creativity, smarts, measurement and iteration. Yet you see teams piggy-backing on the fad of the moment, hoping for a silver bullet but not going deeper.

A big part of “lean startup” is getting teams out of “guess and hope” mode (aka magic), and into reality-based iteration. This requires getting out of your comfort zone.

Now, the *other* hard truth of early stage startups is you cannot do it all with the resources at hand. You have to make choices and some areas will get short-changed. But do it consciously. Be master of your choices, and don’t believe in magic.

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Getting Comfortable with Networking and Demos

August 18, 2010

Last night I attended the NYC Fashion 2.0 meetup where four startups showcased their products and goals. It got me thinking about networking and demos, so here are some thoughts / tips:
NETWORKING
For many people, networking with strangers is like jumping off a high diving board for the first time. Your animal brain says “noooo we [...]

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Post-mortem on a UI “input” screen

August 15, 2010
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Today I am working on some UI/UX changes to our product, and thought I would quickly talk through a UI example (soon to die under my axe) from our beta. Some context: in the spirit of getting a beta up as quickly as possible, our first user experience (FUE) was pretty crude. After registration [...]

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On Parenthood and Entrepreneurship

August 12, 2010

A startup is filled with countless roadblocks and challenges, many business, some personal. I feel lucky that I don’t struggle with a sick parent, Asperger’s, or something truly serious. My biggest personal challenge is simply being a parent of young children.
When I was younger, startup life was simpler. I could completely obsess about a [...]

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Yes, You Need a Co-Founder

August 5, 2010
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UPDATE: people have made very valid points that I have oversimplified the issues here, and I have decided that I agree. I neither want to be wishy-washy nor stupidly dogmatic. While I will leave the original post as-is below, consider it my *case* for why you need a co-founder but know that I acknowledge the [...]

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SMB Ecommerce, Advertising, and the False Assurance of Numbers

August 4, 2010

I’ve been talking to a lot of SMB ecommerce players lately, especially in areas such as lifestyle, fashion and homeware. Most of them have tried online advertising, but backed off. They looked at the conversions, decided the numbers did not add up, and instead focused energies on customer service, email lists and social [...]

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Lean Startup Machine Presentation

July 27, 2010

Lean Startup Machine
As promised, here is my 20-min presentation to the Lean Startup Machine event on July 23, 2010. Regarding the event, I was pretty impressed with how much the teams accomplished over the weekend, and their willingness to get out of comfort zones.  This deck is neither as pretty nor as good as [...]

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Entrepreneur’s Block

July 26, 2010
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On Friday, a reader sent me an email. They were suffering from “entrepreneur’s block”, where they kill off every idea as quickly as it arises. It is the opposite disease to those who fall in love with an idea, are afraid to talk to anyone about it and thus build something no one wants. [...]

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12 Tips for Early Customer Development Interviews

July 24, 2010
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Last night kicked off an interesting experiment in New York. The Lean Startup Machine is a weekend-long customer development bootcamp where participants pitch their ideas, and all 50 people break into teams around the most popular ideas. Instead of a hackathon, the goal is to do as much customer and business validation as possible, [...]

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