Our next Strategy Roundtable for Entrepreneurs is this Thursday, February 4, at 8 a.m. Pacific. I plan to discuss the EJ methodology in this session, as well as spend most of the time on audience questions, not on pitches.
There are numerous best practices and lessons that I have synthesized from the Entrepreneur Journeys research. In Thursday’s session, I will be doing most of the talking, and be giving you a synthesis of those. Hope to see you then. You can register here.
Jonathan Gosier writes from Uganda, and lists a cache of his cost-saving techniques in How To Save Money as an African Startup. One of his pieces of advice is ‘hire a cook’. >>>
Urban Green Energy (UGE) is a manufacturer of wind turbines and related products such as wind- and solar-powered street lamps. The company is a player in the “small wind” market, which includes turbines with rated capacity of up to 100 kilowatts. Such turbines are used from northern Canada to Antarctica for a variety of on-grid and off-grid purposes, from supplementing traditional electricity to powering boats, vacation homes, special radar equipment, and so forth. Small wind remains a niche market, but it is growing. Global small wind turbine sales were $203 million in 2009 and could double by 2013, according to Pike Research. >>>
SM: Where do you go from here? There are about 700,000 physicians in the United States, and you have reached about 35,000 of them. What percentage of that available market has a solution like yours?
BB: Most of them have practice management systems. The problem is, we know based on the information we receive from insurance companies that there are tens of thousands of doctors who are not submitting their claims electronically. >>>
Marc Dangeard argues that you raise a small amount of money from friends and family and try to make do with that in The reality of fundraising. >>>
In 2008, as readers will recall, the field of mobile games publishing underwent a dramatic change following the launch of the iPhone and its App Store, which disrupted the relationships between large, entrenched publishers and mobile operators and OEMs. Since that time, operators have launched their own versions app store, opening up their platforms to more developers. >>>
SM: What was the early financing of the company? When did you raise money?
BB: The first money I raised was in 1995. That took us through five months. I did not take a salary for the first year and a half of the company. We raised $100,000 with the first group in 1994 and $500,000 through the end of 1994. I lived off the money that I had from selling my previous company. >>>
Anne Clelland sent me a set of posts straight from her heart. She describes the agony of her journey with all its emotional ups and downs. In What a Company Founder Can Lose she lists a series of things she really misses: >>>