Canada has been known to regularly bleed startups and entrepreneurs, who flock south to seek superior funding opportunities south of the border in hotspots like Silicon Valley and New York.
Dropbox, Evernote and RememberTheMilk do not make a case for freemium. And these three easily available examples do not make indisputable evidence against freemium. But these three quotes reflect a return to the roots of marketing — starting with customer needs, choosing the needs you want to serve and getting your fair share of the value created.
“We are now seeing the end of the freemium model — signing up users for free and trying to upsell,” said Christian Vanek, CEO of the Boulder-based SurveyGizmo, in a recent phone conversation.
“6.5 million unique users is not all that it’s cracked up to be. I don’t want hits. I want revenue. I want a real business,” said Matt Wensing, founder and CEO of Stormpulse, in an interview with Mixergy.
“Make a product people want to pay for,” said Marco Arment, founder of Instapaper, in a Planet Money interview.
A serial entrepreneur is an entrepreneur who starts a number of new businesses.
When it comes to learning about startups, that landscape is largely made up of the books you would find in the average library, They are books about “how to deal with your company finances”, “10 steps to marketing success” and other dispiriting works, along with more inspiring but largely useless biographies of successful businessmen.
Bob Grinnell, the owner of the building where a former furniture factory once occupied in North Downtown Omaha, Nebraska explains to Eric Markowitz of Inc.com, how this factory, The Mastercraft, takes its name from the furniture brand that had originally inhabited the space. The furniture company opened in 1941 and manufactured furniture for the better part of the 20th century. But 10 years ago, the furniture business failed and investors in Iowa bought the company. The building was abandoned.
Excerpts from a new step-by-step “how to” guide for startups is being published by Inc. Magazine. The excerpts highlight the Customer Development process, best practices, tips and instructions contained in the book, The Startup Owner’s Manual.
The new startup, Planetary Resources will mine asteroids for precious metals.
Peter Diamandis, entrepreneur and X-Prize impresario, earlier in 2012 hinted he was about to unveil something amazing: a startup that will mine asteroids for precious metals.
The 9 to 5 workday is outdated. Happy workers are more healthy and more creative, so it’s time to start giving our workers the leeway to be happy (because otherwise they work all the time). The secret: Treat them like people.
There can be years of decisions, learning, analysis, thought and effort to become an “overnight success”.
Rovio spent eight years and almost went bankrupt before finally creating their massive hit Angry Birds. It was their 52nd game they had created. Pinterest is one of the fastest growing websites in history, but struggled for a long time. Pinterest’s CEO recently said that they had “catastrophically small numbers” in their first year after launch, and that if he had listened to popular startup advice he probably would have quit.
Tech companies in Silicon Valley and in tech hubs across the United States are at war against each other, to find and hire quality talent that is in short supply. The competition is particularly fierce among startups, which means that it’s ever so important to make the right decisions when hiring your next rock star.
Many of us have lost a wallet or cell phone and have just been about to give up on humanity when a perfect stranger returns them. It’s the hypothesis of Found in Town, a new Chicago startup, that these moments of unexpected human goodness would be much more frequent if only technology were to lend a helping hand. Found in Town essentially brings the lost-and-found box and puts it on the Web.
Credit cards are the most common form of financing for small business startups.
There are eight solutions to financing your startup with debt. When you are talking about debt options, think of loans and lines of credit that you pay back to a lender. We are not looking at any equity solutions such as angel investors, venture capital, etc. But nothing is easy these days and if you have damaged credit or you’re looking for several hundred thousand dollars it’s much less likely to happen purely with debt.
The Global Entrepreneurship Monitor shows entrepreneurial activity revived in 2011 after years of decline
Early-stage entrepreneurial activity rates surged around the world in 2011, jumping nearly 60 percent in the U.S., according to a survey released this week by the Global Entrepreneurship Monitor. More than 12 percent of U.S. adults reported starting a business or running new businesses last year, up from just below 8 percent in 2010.