Entrepreneur: Recently Popular Faves

Man Writes Software, Blogs About it, Makes $100k in 5 Months - ReadWriteWeb

mohit — Fri, 14 Nov 2008 17:10:21 GMT

The Balsamiq Mockups guy has made $100K in 5 months. I Faved about Balsamiq a little while back: http://faves.com/users/mohit/dot/127498885101

Quoted: That was a cute story, but now it's been just 5 months and today Peldi reports that he's just cleared $100,000 in sales of the four variations of his product. Talk about a simple tool coming along at just the write time! It's cool software, too.

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A Scary Line Has Been Crossed For VCs

mohit — Thu, 13 Nov 2008 02:45:17 GMT

Some very interesting data and perspectives on the VC model.

Quoted: The slides from his presentation are embedded below, but really all you need to look at is the one above. It shows that the money going into VC funds is now more than the money coming out of VC funds. That line was crossed last June and there is no going back anytime soon.

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This Hosted Life » Blog Archive » Deriving a Game Plan from Ambiguity - Essential Resources

mohit — Tue, 28 Oct 2008 23:59:40 GMT

Latest blog post.

Quoted: If you are a Product Manager and/or a startup founder, you undoubtedly have solid instincts about your target market. But, if you are like myself, you have probably experienced times where it is unclear exactly what to do next. To that end, I have found the following resources helpful over the years:

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Wall Street Failures and What It Does to Your Business

alexander13 — Wed, 22 Oct 2008 21:05:28 GMT

The stock market, like your prospects, is all run by emotion . Decisions are made based on emotion and then justified later based on logical rationalizations.

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TechFlash: Seattle's Technology News Source

mohit — Wed, 22 Oct 2008 19:02:32 GMT

ReFaving @kennykamada. The articles look pretty good. Definitely adding this blog to my RSS reader.

Quoted: The site combines John Cook's reporting on venture capital, entrepreneurs and startups with Todd Bishop's coverage of Microsoft and other large technology companies, plus regular contributions from PSBJ senior technology writer Eric Engleman. But the most important part of the site will be you -- the community of people involved and interested in technology in the Seattle region.

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Lessons Learned: When NOT to listen to your users; when NOT to rely on split-tests

mohit — Sun, 12 Oct 2008 18:16:29 GMT

A little verbose, but I generally agree. Effective product management involves a healthy dose of imagination.

Quoted: If your team is struggling with customer feedback, you may find this mantra helpful. Seek out a synthesis that incorporates both the feedback you are hearing plus your own vision. Any path that leaves out one aspect or the other is probably wrong.

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This Hosted Life » Blog Archive » Ongoing Segmentation and Positioning

mohit — Thu, 09 Oct 2008 19:08:48 GMT

Latest blog post.

Quoted: I am part of a group of technology entrepreneurs and managers where we periodically discuss case studies. Of all of them, the LinkedIn study especially stands out in my mind.

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7 Reasons why it's a great time to be a Tech Entrepreneur!

mohit — Wed, 08 Oct 2008 17:02:07 GMT

This either represents denial or reality, depending on your perspective. In any case, maybe it brightens your day:)

Quoted: All is not lost. If you, like me, run a technology startup, then you are in a better position than most to weather, and even profit, from the coming recession. Here’s why:

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Harnessing Entrepreneurial Manic-Depression: Making the Rollercoaster Work for You - The Blog of Author Tim Ferriss

mohit — Sat, 04 Oct 2008 01:03:08 GMT

I would say this is accurate.

Quoted: This is a guest post on capitalizing on — vs. countering — the “entrepreneur’s disease” (manic depression) through 4 cyclical stages. This is done by pairing appropriate activities to specific — though not necessarily positive — emotional states…

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How to Build a Financial Crisis-Proof Business - GigaOM

mohit — Sat, 27 Sep 2008 21:18:06 GMT

Hard to argue with these points.

Quoted: 3. Focus on “must have” products/features with large markets. Nice-to-have stuff all goes out the window quickly. This means avoiding merely “lower cost” or “higher productivity” plays. At CMEA we see a lot of technology entrepreneurs optimizing a small part of the solution.
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4. Look for existing sales channels you can tap into. Developing new channels can be the highest cost for a startup, and is not a good use of venture capital.

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