Successful Entrepreneurs and the Stockdale Paradox

I’ve written before about the need for visionary founders to break their idea down into achievable chunks, but I was missing a referencable framework for the idea. After serving as a judge in their business plan competition, last night I attended an awards dinner put on by the University of Washington Center for Innovation and continue…

Reader Question: Local + Online Lessons Learned

Q: I have seen two articles about the local space recently (http://www.nytimes.com/2008/05/21/business/smallbusiness/21yelp.html?ex=1369108800&en=4491b116ff5db962&ei=5124&partner=permalink&exprod=permalink and http://www.techcrunch.com/2008/04/10/angies-list-gets-35-million-in-new-investment-from-battery/). Who did you sell Judy’s Book to? Any nuggets of advice on going through the sale process? Asked by Ben A: Hi Ben, thanks for the question. I still keep an eye on the local space and noticed both of the continue…

Right on Om! Small *is* beautiful

Great post today from Om Malik titled “Why Small Really Is Beautiful“. His argument is that bootstrapped (or “lightly financed”) companies can deliver both more fun and better financial returns to their founders than venture-backed ones. I’ve tried it both ways, and I can’t agree more. Boostrapping is stressful as hell, but if you love continue…

Open Startup: Askablogr’s 4-month Birthday

Not a ton of news to report this month but didn’t want to leave anyone hanging (assuming there are folks out there who are still following this story…). A few stats to get you started: Members: 492 Completed Q&A: 768 Good News: We keep chipping away at feature tweaks (mostly based on member feedback) We’ve continue…

Open Startup: New Askablogr Features & Tweaks

Q: Hey Chris, check out the new changes to Askablogr. We’ve expanded the number of characters for questions to five hundred characters now. Question lists (like the front page), should now sort in the order that they are answered, instead of when they were asked. Also, if you don’t want to put the widget on continue…

PRM: Personal Relationship Management

Continuing on the “messaging” theme I started in on a while ago, here’s a deeper dive on the role of contacts and contact management, a.k.a. “Personal Relationship Management” (thanks to Om Malik for pointing me to a topical post by Tristan Louis). Here’s how Tristan defines it: “…provide me with a high level contact overview continue…

Simple but useful ideas: The Zeigarnik Effect

I’m a firm believer that every good application designer is an amateur behavioral psychologist at heart, and this conviction was reinforced (again) by two different product strategy sessions I participated in recently. Because I tend to work with startups at the earliest phases of the customer adoption cycle, I spend a lot of time thinking continue…