Posts Tagged Specifics

Everything I need to know about startups, I learned from a crime boss

Posted by on Sunday, 8 January, 2012

GunThe door opened and into the room walked the most dangerous person I’ve ever met. He reached towards his belt and slowly pulled out his .45 caliber handgun, raised it and paused to evaluate my expression. “No disrespect, but it’s been pressing into my hip all day.” He placed the gun on the coffee table, relaxed into the leather sofa and let his guard down for the first time in a very long while.

This person, let’s call him Kobayashi (I’m a Usual Suspects fan), is one of the most interesting people I’ve ever met. He was a well-educated entrepreneur who ran a profitable business that employed dozens of people. He lived in a swanky downtown Los Angeles penthouse. His kids went to private school. He kept his fridge well stocked with imported beer and wine for guests even though he didn’t drink. He was, by all measures, a gentleman.

But Kobayashi ran an unusual business. He was in the business of organized crime. He started this venture quite young, expanded his operations, diversified revenue streams, and created very profitable independent business units. “I have two lawyers,” he once told me. “I keep them both because they hate each other. Neither one of them can get out of line because the other one is watching him. That keeps me safe.” Kobayashi was brilliant, witty, and dangerous. He was a friend and mentor to me during an interesting period of time in my early 20s.

Everything I need to know about startups, I learned from Kobayashi. While I can’t get too deep into specifics (would you?), I can share a few the things he taught me.

Don’t sell rocks when you can sell mountains

Kobayashi didn’t work with small packages. His business transactions involved risk at every stage – product acquisition, transport, and distribution. But the marginal risk on each decreased with the size of the transaction. Working in large volume reduced his overall risk and rewarded him with a shrink-wrapped palette of cash rather than a suitcase of cash.

As founders and early stage employees, we go to great lengths to mitigate risk. So why do we overlook the total marginal risk?

Building a profitable small-market company is difficult and carries a high risk of failure. Building a profitable large-market company is also difficult and carries a high risk of failure. But the marginal risk in building a company decreases as the addressable market increases. While a larger company may require more total work, the relative effort is less. Make no mistake: small-market companies still come with 18 hour days, flaky vendors, upset customers, and exasperated spouses.

Thinking small increases our risk. So let’s think big.

[Notes: “Large vs. small” is a different debate than “bootstrapped vs venture-backed”, though the two are often conflated. It’s also worth noting that serving a small segment and progressively expanding outwards to serve the larger market is a totally legitimate large-market strategy.]

Cut out the middleman

As Kobayashi’s businesses grew, he was in a position to start bypassing middlemen. Instead of dealing with distributors, he went straight to producers. Instead of hiring contractors, he purchased required equipment and moved people onto payroll. Everywhere he saw a third party making money, he figured out a way to replace that person or bring them in-house. He reduced costs at every step. He constantly encouraged me to do the same.

Interesting things happen when we cut out the middleman. In addition to reducing cost, we often end up creating an internal byproduct that can be productized and sold to a completely new customer. (Amazon Web Services is an example of this.) Sometimes the middleman’s market is so huge, that a freaking enormous business can be built simply by providing their customers a lower cost and more efficient option. Two-sided marketplace businesses are a textbook example of this type of disruption.

Don’t shit where you eat

“When someone’s doing something for the money, people can sense it, like a desperate lover. It’s a turnoff.” – Derek Sivers, Anything You Want

During this period of my life, I was running a couple businesses that overlapped around the edges. One business had loyal and enthusiastic customers. This business was glamorous, but hemorrhaging money. The other business was transactional and lacked any customer loyalty or love. This business was “anti-glamorous” and a bit closer to Kobayashi’s world than I care to admit.

As time passed, I felt increasing pressure to monetize customers from the first group. I began to overlap these businesses more and more. While they included the same customer segments, there were two completely different products. This pollution of something beautiful with something cheap was my act of shitting in the proverbial kitchen. I watched as revenues increased and looked away from the damage I was causing to the customers I really cared about.

Thankfully, Kobayashi pulled me aside and straightened me out.

The lesson for us is simple. Don’t screw with your users. They are your golden-egg-laying goose. Protect them from rapacious cofounders and investors. Don’t spam them. Don’t abuse them. Don’t be a douchebag.

If it don’t make dollars, it don’t make sense

“A business without a path to profit isn’t a business, it’s a hobby.” – Jason Fried, Rework

We can build an awesome product and then give it away for free. We can bolt advertising to it. We can turn it into a lead-gen property. We can even sell some virtual goods.

Kobayashi wouldn’t.

He would have built Birchbox rather than Pinterest and Airbnb rather than TripAdvisor. He would have found product market fit and a viable business model before spending money on development resources. Kobayashi stayed close to the money, close to a transaction.

Kobayashi was around for the late 90’s tech bubble. He knew many of the players and saw the writing on the wall long before they did. He talked about the first tech wave as if it was a fad that had simply passed, saying things like “when dot-com went out…”

“If it don’t make dollars, it don’t make sense” may sound like a gross oversimplification. But Kobayashi outlasted those late 90’s startup founders. And he’ll probably outlast most of us.

Closed mouths don’t get fed

I’ve written before about the importance of networking and moving from wallflower to evangelist. Kobayashi was adamant about the importance of this. “Closed mouths don’t get fed,” he would say. “If you want something, you have to either ask for it or walk up and take it.”

We can’t expect good fortune to fall into our lap. It’s our responsibility to create the circumstances for it and then capture that good fortune. The meek may inherit the earth, but they’ll be getting it from Kobayashi.

Be a badass

“There’s only one thing that will make them stop hating you. And that’s being so good at what you do that they can’t ignore you.” – Orson Scott Card, Ender’s Game

My friend Chris DeVore makes a comparison I love: pirate ships as organizational models. Pirate ships combine an “us against the world” mentality with a hunt for treasure. This crucible of chaos and ambition somehow allows unstructured groups of mercenaries to complete complex tasks without killing one another (very often). A pirate ship is a meritocracy where he/she who is most badass, leads.

I’ve met several “badasses” over the years, though Kobayashi is the most memorable. Each one of these people had a gravitational pull for talent and resources. The world reorganized itself around them as they passed through it. They were larger than life, energizing everyone in their periphery.

The one thing these badasses shared was the source of their power: influence rather than authority. This lesson is the most important and also the most difficult to implement. There’s no pill, book, or retreat that will turn us into badasses. But if we want to captain a pirate ship, we must become the most badass version of ourselves. Kobayashi taught that we lead only with the influence we earn.

Donald DeSantis is a developer and UX designer at TechStars company Giant Thinkwell. In his free time, he travels to faraway cities and helps make Startup Weekend events successful. You can find him on Twitter at @donalddesantis.

Image courtesy of Flickr user Abhisek Sarda.

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Adult Females In Certain Are Great At Criticizing When They Both Havent Been

Posted by on Tuesday, 29 November, 2011

This enterprise has a two-way difficulty. Posture: Have you seen people who look to have charisma, or presence? Possibilities are that when someone exudes course and self confidence, they invariably have excellent posture – they stand and walk tall.

The exact same is genuine with oral communication – you can develop into a better speaker in a group position or when talking to an audience if you know the right way to go about it.

The system and road map explain how cellular services can add to the grand scheme of specifics and communications technological know-how employed by the business enterprise.

As an alternative of electricity becoming directed toward optimistic options, it is misdirected toward attacking their spouse. The woman says to the man, We are so fortunate.

What we know is that every 2nd we are bombarded by sensory feedback (an approximated 2 million bits of data each and every 2nd) from our 5 senses Visual (sight), Auditory (hearing), Kinaesthetic (feeling & touch), Olfactory (smelling) and Gustatory (tasting). How Can Text Messages On line Help Communication?. The camera also comes with an LED flash to guide you in in affordable light scenarios. Businesses pay a month to month payment to have information delivered with the protection of a personal cloud/on-premises installation. Conflict In between Husband and Spouse – Fantastic Communication Skills Can Assist Preserve Your Marriage.

You do this by retaining the conversation flowing in the route that you equally want to go. Reference The desired way to outline and allow a cellular plan and roadmap is to have an understanding of the person and make a profile. Connection Assistance to Advance Communication. Songs has no boundaries, in particular when it comes to Michael Jacksons songs.

That is a entire whole lot much less high-priced as opposed to utilizing a dedicated outbound cellphone line for each and every last telephone in the provider.

Website So, some stress and anxiety is basically a superior point!. It normally takes a rather open minded human being to forgive.

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Communication breaks down when you (or your spouse) fall short to use the unique techniques essential in the respective roles of speaker and listener. To Learn More

There are solutions to positively talk our ideas and tips to the consumers we really like so that our worries are genuinely provided the focus they deserve.


HTC announces specifics on Ice Cream Sandwich upgrades, includes Rezound

Posted by on Monday, 7 November, 2011

It’s been a little over two weeks since Google unveiled Ice Cream Sandwich along with its first ambassador, the Galaxy Nexus. Since then, a few manufacturers have shared their intent to bring Android 4.0 to specific devices. HTC was initially rather vague about its upgrade plans — no doubt faced with the daunting task of keeping Sense relevant in light of ICS’ vast design improvements — but tonight the Taiwanese giant issued an official statement on Facebook outlining specifics on its Ice Cream Sandwich upgrades. Basically, it looks like most (if not all) of HTC’s high-end phones since the introduction of the Sensation will be getting a taste of Google’s latest tasty treat early next year, including the recently announced Rezound. Here’s the full statement:

HTC knows how excited our fans are to get their hands on Google’s latest version of Android, Ice Cream Sandwich, so we’re thrilled today to announce the first wave of HTC phones that will receive upgrades: We can confirm the brand new HTC Vivid is upgradeable to Ice Cream Sandwich. In addition, Ice Cream Sandwich is coming in early 2012 to a variety of devices including the HTC Sensation, HTC Sensation XL and HTC Sensation XE, as well as the HTC Rezound, HTC EVO 3D, HTC EVO Design 4G and HTC Amaze 4G through close integration with our carrier partners. We’re continuing to assess our product portfolio, so stay tuned for more updates on device upgrades, timing and other details about HTC and Ice Cream Sandwich.

HTC announces specifics on Ice Cream Sandwich upgrades, includes Rezound originally appeared on Engadget on Mon, 07 Nov 2011 03:00:00 EDT. Please see our terms for use of feeds.

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Ice Cream Sandwich coming to Meizu M9, MX, Jack Wong confirms

Posted by on Thursday, 3 November, 2011

Ice Cream Sandwich continues to march its way across the market. Next stop? The Meizu M9 and MX. Confirmation came earlier this week by way of Meizu CEO Jack Wong, who nonchalantly mentioned the forthcoming update on his company’s forum. Affirming that the MX’s December “release date remains unchanged,” Wong went on to say that both the MX and M9 “will upgrade to [Android] 4.0 as soon as possible.” No further specifics were offered, though the exec did explain the MX’s delayed release, attributing it to his company’s ongoing efforts to incorporate a sharper, back-illuminated camera within the handset. Rest assured, we’ll keep you up to date with the very latest.

Ice Cream Sandwich coming to Meizu M9, MX, Jack Wong confirms originally appeared on Engadget on Thu, 03 Nov 2011 09:09:00 EDT. Please see our terms for use of feeds.

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I Dont Want Any However

Posted by on Friday, 28 October, 2011

Skype is an remarkable supplier of free of charge voice about broadband services.CARRIAGE – Posture need to be upright, quasi-military.

  The goal speaker limits emotional outbursts. Two in particular efficient cars for taking in specifics on the run are cassette tapes and CDs. How efficiently you get men and women to do that arrives down to communication too!. HTTP://WWW.JCTIMAGEHOSTING.COM/HOME/GETTING-A-FATHER-OR-MOTHER-YOU-HAVE-TO-BE-ADDITIONAL-ALERT-FOREX-TRADING-ENTERPRISE/

Listening is when you pay interest to what is reported by you spouse or lover and test to have an understanding of fully what he/she is hoping to say. Anyhow, a person special difficulty that may possibly plague even the very best of relationships is communication or the lack of it.

http://www.keystoneactivezone.org/retail/when-on-the-research-for-locating-a-phallus-extender-you-might-forex-trading-system-specifications/ The 2nd action must be in writing.

This is a difficult level for a marriage to be at. For most organizations, price is a essential issue in a buying decision. The cheating companion realizes that it is an affair without appreciate and that their correct like is waiting for them at residence.

These powerful electromagnetic fields can wreak havoc on delicate electronic parts and have previously caused significant electric power outages in current background and experts proceed to predict that the sun is primed for a different these celebration. HtTp://wWw.MObIE.BIZ/TRAVel/fOrex-nEws-fX-nBSp-REsErviNg-eUrOPE-vacATiON-dEaLs-cAN-HElP-SAve-you-TIMe That is a full good deal significantly less pricey as opposed to making use of a focused outbound phone line for each and just about every cell phone in the corporation.

Do not underestimate the importance of listening. Yet again, they are.

They will locate it tricky to listen to you. With cell protection now nearly ubiquitous and now that so numerous programs have extended distance, conventional landline long-distance is steadily declining.

When youd like to allow them know something, it is most effective to begin your sentences with the words I think relatively than individuals of I feel.


Personal Pc Network Setup And Repair

Posted by on Saturday, 13 August, 2011

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Large organisations generally have a crew of networking pros to supervise and repair network challenges. This is not doable for compact company entrepreneurs to have a group of networking experts so they could decide on a Huntsville pc repair specialist to do the employment. These guys can monitor your network and preserve hackers at bay. If there is a issue you could usually get in touch with for Pc fix in Huntsville AL.

Pen testing can shield your computer network from attainable threats

If your organization personal computer network has a wireless Online world network you also require to problem by yourself with WEP cracking. All wireless networks normally have what is identified as a WEP which stands for: Wired Equivalent Privacy. This is a key that all personal computers on the network use in order to acquire entry to the Online world. However, WEP cracking is changing into far more and easier for hackers to infiltrate.   

If a hacker employs WEP cracking they can get entry to your Online world connection and can start off carrying out illegal activities on your connection.  On top of that, if you share files on your network they may be capable to be obtained by hackers who use WEP cracking to consider gain of your network connections.

What Are the Primary Personal computer Network Safety Threats?

No matter whether you are wanting to preserve a compact network in your house or 1 that is the groundwork of your cisco smartnet 8x5xnbd description home business, you will find that it is first vital to comprehend what type of threats you might be facing. As shortly as you have a computer system hooked up in purchase to link to the network, you will locate that there is a probability that it can be exposed to a multitude of unique pitfalls. When you are pondering about what you can do to make a technique a excellent deal a lot more safe, you will obtain that an comprehending of the risks that you are susceptible to is a little something that can assistance a wonderful offer.

Initial and certainly most clearly, is the threat of a virus. Whilst the bulk of viruses are basically annoying, there are undoubtedly viruses that can damage your network’s hardware, program, or both equally. For the most element, a virus is an executable file that will be spread by human signifies and will call for someone to open it in advance of it can do its do the job on the network. When searching at virus threats, it is well worth knowledge worms as nicely, which are considered a subset of viruses. Worms do not need human aid to propagate on their own, and in fact one particular example of the way that they work is to flip your personal pc into an e-mail server that will distribute copies of on their own.

The Significant Nature of Professional Computer Network Protection

In a globe of actually-evolving and more and more sophisticated World-wide-web threats, pc network safety has grow to be an unmanageable necessity for countless compact businesses and home owners.

It is more necessary now than it has previously been to place the needs of one’s network into the fingers of a tremendously competent and experienced expert.