...as so often, it was when I was in an unrelated meeting where this energy didn’t exist that I was able to put together some thoughts. I was pitching a new product in a mild way...The unanimous response was criticisms & judgment...feedback that is unhelpful.
The topic at hand was a philosophy of "Forget it, Ship it." The lesson here is that if there is a market for the beta version of a product you can be honest with the market about that, and, well make a little money along the way.
Breckinridge startup weekend... a startup weekend is, people gather, pitch various ideas for new companies...basic numbers.... 60 people...Friday night pitch fest, 18 pitches. 6 groups... 30 participants.
A group is to say that it loosely follows the Boulder Thesis, as written in Brad Feld’s “Startup Communities” book.
Why have an entrepreneur's group? ... we have found that while the local resources ... are great initiatives and local resources, do not provide the type of community where entrepreneurs... in our unique way. Hope is not a strategy, execution is. So this is a call to action.
The Pareto principle is essentially the 80/20 rule. If you spend 80% of your time and emotional energy on 20% of your clients or employees, then it almost does not matter how much they bring to the table, they should be fired.
The nature of greed all I want is an 80.0%...just make me happy with an 80.0%....I got an 89.8% and immediately thought “OH F&*K, I SHOULDA’ GOT AN ‘A’”….less than a second....That is how fast greed can enter your (my) heart.
Are you familiar with game theory? [O]ne practical lesson. There is a drastic difference between single-round play and multi-round play. [A] happy customer will tell 3 people about you over 2 weeks, an angry customer 10 people over 10 months.
I wrote a response (Below) and a New Your attorney gave me a talking to. "We are lawyers here Bradley, not psychologists.... avoided but the platitudes are more self-serving than practically helpful."..Ohh snap! ..My response...lawyers are more than just living, breathing, legal books. We are many many things, including negotiators, litigators, hired guns, researchers, advisors (lawyer who responded specifically has this on his Avvo profile), and many more things...other parties issues and pressure points, as he said it a psychologist.
Suck it up, take and accounting course....taking an accounting course... signals to yourself and anyone else that you are serious about the company succeeding, not just about having a romp around the block....I am not saying that you need to do the bookkeeping every month, but as a leader you need to know how things work.
[W]hen [s]he was managed, even just a little bit, [s]he was able to work to [her] capacity and do great...I learned this lesson for myself with an employee I’ll call Sharon...The result, she became one of the most useful employees that I had....If you look at time as your only real asset, and there is an employee with a potential ROI as high as hers (spend <10 min/week = good employee) then the value of the time from good → great employee is worth it.
In recent weeks I’ve had three people ask me if I can help them with a patent. Each actually meant a trademark or copyright.... 4 types of intellectual property: patents, copyright, trademark, and trade-secrets. Each cover a different thing, happen in a different way, and last for a different period of time....A little more discussion: In the fast paced world of entrepreneurship and the internet...Patents take too long to get...They also cost a lot of money...Copyright covers...
When my father talked about selling his solo-practice dental office. ... he was a fantastic dentist... .no idea how to sell his business. Not his fault... it is a knowledge and experience issue...After your family...your business is ...most valuable asset you have...This is a "Get to Day 1” article... The actual “Day 1” is to have your business in a state of preparation where you can actively find a buyer.
I spent close to a decade on the purchasing side of law. I was always frustrated because ... I mainly look at the world from my Economics and MBA degrees using my law degree as a tool more than a perspective. I try to stay away from legalize as much as possible...lawyer's obsession with legalize still baffles me...To this end, I started this blog ... to give digestible legal advice...from a practical and useful perspective...But hey, what do I know?
...I consider myself a startup guy, but not a technologist...in 2013 I was offered to help start a Sober Living House in Vail Valley, Colorado. This was an idea, and product, where I could feel passionate about and apply my skills.
Over a year of planning, growing a network, creating programing, searching for a house in...Prosper is ready to pull the trigger from an idea to a functional company.
Our currently goal is to open the first house in the Summer/Fall of 2014.
I work out of a co-working space in Avon... called BaseCamp...Aside from having the benefits of socialization, and relief from the isolation of working at home, there is also a collaborative working culture. A negotiation gone bad... Our co-worker had the benefit of supporting comrades...
[P]eople call me for friendly career advice. One topic comes up over and over. What should I negotiate for when I am offered a new position? ...
Another way to say it is, what do you want money for? Would you rather have that $40,000 purchase price plus $4,000 year, in unpaid time off? Consider what [do you] really WANT from [your], rather than what they can GET from their jobs.
A few weeks ago, Janet Ketelsleger watched rain fall outside her Rifle Village South home. ... it ran down her driveway and into a large sinkhole...That sinkhole has been Ketelsleger’s nightmare since...She talked to three attorneys... cost $50,000... She finally found an attorney, Brad Bickerton, who works in the Vail Valley...
Attached is my thesis paper from law school. It is long, though some might find it interesting.
The concept started when I noticed my parent's generation starting to retire and, specifically, my dad. He was a solo-practice dentist and had never sold a business before. He had to become an expert at it for a single transaction.
That lead me down a rabbit hole of the differences between small companies and large when they transition ownership or leadership. This paper is about those differences. Someday I'll post and individual section or two.
Back to Basics: Title: Simple, Practical, Steps to Starting a Company.
eople hesitate to start a company is simply having to tackle the 101 steps to starting a company ... However, what about people like you with just an idea? Yesterday, my good friend who works as a mechanic and has all the skills to restore cars, shared with me that he doesn’t know how to file for a business license, open a business bank account or complete the other basic, basic, startup steps.