It wasn't long ago that Dollar Shave Club turned a sensational YouTube video into a billion dollar exit to Unilever - and Los Angeles' tech scene has been dropping one blockbuster after another since. Though Elon's Master Plan Part Deux, as reported by Silvia, was the big news of August, just this weekend Snap Inc (formerly Snapchat) revealed its first foray into hardware, the Spectacles - and with a veiled "rest in peace" nod to Google Glass, setting sights on besting Silicon Valley at its own game. Show business isn't the only industry keen on spinoffs here.
I attended TechCrunch Disrupt 2016 held in San Francisco and focused my time meeting startups that had a display on the floor. After, I would take a picture of them, include their company name or Twitter account, and described what they did. Interestingly enough, most startups had a difficult time describing what they did.
There's an old proverb in Yiddish, often translated as "We plan, God laughs." The idea is that regardless of what plans we mortals make, there's no guarantee that things will work out the way we hope. In the business world, this translates to always having a Plan B, and knowing how to implement it. If Plan A works – great! But if not, you need to be ready.
Everything amazing you think Hawaii is about is true: the beaches, perfect weather, surfer chicks, island living, and so on. But it gets even better if you’re an entrepreneur - Hawaii is also home to Startup Paradise, a rising technology nexus with three incubators, five accelerators, six investment funds, and six startup organizations. It’s where you can work hard and play hard without losing your sanity or giving up your soul.
You’ve probably heard that there are only six degrees of separation between you and anyone else on the planet. When it comes to your startup, it’s vital to make connections and regardless of how many people it takes to get you to the right person, no one is too far removed. If you enjoy networking and connecting, it can even be enjoyable to facilitate those connections. However, not everyone has stellar networking skills right off the bat. Becoming a better networker is critical to your startup, and it could even be the key to your startup’s success. But how can you mingle and network like a boss?
What are the factors that make a company worth funding or investing in? Are you making something users want to use and pay for? Is your timing in the market late or early? Do you have a value proposition, proprietary technology, or patent advantage over other competitors? Have you validated your idea before and during development? All these questions sound overwhelming, but if you are ready to raise, you should be prepared to answer them.
"Bringing on founders is key to fostering innovation," said Don Harrison at the Startup Grind Global Conference. Don has been leading Google's mergers & acquisitions team since January 2013, and he has an immense amount of experience with Google's approach to acquiring companies, having presided over the acquisition of companies like Waze, Motorola and Admob.
Crafting books built on deep focus, meticulous research, and an unabashed love for the entrepreneurial world, Christopher Lochhead - the author of Play Bigger - is a top entrepreneurial mind worth listening to. Sitting with Breakthrough Radio host Michele Price, Lochhead dug into actionable advice on the past, present, and future of market positioning.
There are over a billion websites live right now and that figure is set to grow as more people and brands turn to the internet to make themselves heard. There are still lots of misconceptions, however, about how the amount of work it takes to not only design and build a reliable and fast website, but also see it live on a chosen domain.
Health matters for everyone. Taking care of yourself not only gives you a longer life but also a higher quality one. Entrepreneurs, unfortunately, are among the worst at taking care of themselves. Long hours and little leisure time can lead to a range of physical and mental ailments. As a result, 72% of entrepreneurs have mental health issues.