July, 2011

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Don’t Cede Control: Why You Need to Cut out Middle Men in Negotiations

Both Sides of the Table

Middle Men. Middle People? They exist in all forms of work and life. They’re essential in helping us get our jobs done because they specialize in something we do not. They do a routine task over-and-over again all year long that we do only periodically. Lawyers. Recruiters. Bankers. Real Estate professionals. PR firms. You name it. And yes, VC’s, too.

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Interview with Scott Dudelson, Swagbucks

socalTECH

For today's interview, we spoke with Los Angeles-based Swagbucks (www.swagbucks.com), an online site which allows users to earn virtual currency in exchange for searching the Internet, as well as other activities. Swagbucks in on its way to hitting $20M in annual revenues, and has bootstrapped since its founding. We spoke with founder Scott Dudelson to hear more about the company.

Startup 266
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Advice For Emerging Entrepreneurs (And Anyone Else With A Boss)

InfoChachkie

"By working faithfully eight hours a day, you may eventually get to be a boss and work twelve hours a day." Robert Frost, American Poet. My entrepreneurial students at the University of California, Santa Barbara, often ask my advice regarding their career choices. However, rather than discussing specific opportunities, I find that I often spend most of my time sharing general tips related to their professional success, irrespective of their particular career paths.

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Plan for your ‘every three million dollar crisis.’

Berkonomics

Here is a phenomenon I discovered over time when dealing with many small start-ups in their early revenue period. A very predictable series of rotating crises seemed to befall most every one of these young companies. These became so predictable that I could accurately label them as occurring about every $3 million in gross profit (or revenue for service companies).

Startup 222
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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.

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Female Founders and CEOs | Cameron Rasouli of CoLoft

Tech Zulu Event

I decide to start off these series of interviews highlighting some of the female founders and CEOs from around the country with Los Angeles’s own Cameron Kashani Rasouli ( @CamRasouli ) of CoLoft. I’ve had the honor of knowing Cameron for quite sometime now and she’s a wonderful person. She’s also half of the team that built the ever growing Coloft in Santa Monica, CA.

Startup 111
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How an Entrepreneur Can ‘Get Lucky’ in a Startup

Startup Professionals Musings

If you have had some success in a business, I’m sure you bristle just like I do when someone says “You were just lucky…” I’m a strong believer that we all make our own luck, which means that the harder we work, the luckier we get. In reality, “hard work” is just a catch-all term for a list of principles that good entrepreneurs follow, allowing them to work smarter and improve their odds of success.

More Trending

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CapLinked Trumpets Growth

socalTECH

Los Angeles-based CapLinked , the online platform for managing fundraising and investor updates started by Eric M. Jackson and Christopher Grey, reports today that it has seen major growth this year. The firm said it has grown the platform's users by over 2,000 percent, year-to-date, taking user accounts from only 2,000 at the beginning of the year, to over 55,000 accounts today.

Platform 252
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When Does Venture Debt Make Sense For Your Startup? - The Other Green Money

InfoChachkie

Startup blogger and venture capitalist extraordinaire Fred Wilson recently published a great article on Venture Debt, which I strongly suggest you review HERE. Go ahead, I will wait…. …welcome back. As Fred points out, many entrepreneurs hear the word “debt” and promptly run the other direction. In the past, venture debt was often viewed as a funding vehicle of last resort.

Equity 235
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Why buy IT? Why buy MINE? Why buy NOW?

Berkonomics

What a powerful set of three questions. These are so succinct, so well defined, so precise that everyone in sales and everyone involved in marketing must be able to answer these three questions without pause, and convincingly. Turning these into statements instead of questions provides a framework for the sales presentation from the highest levels of collateral materials and marketing support, to the salesperson on the front line.

Sales 222
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Digital LA: Digital Comics Panel With The Punisher Himself (Thomas Jane)

Tech Zulu Event

TechZulu and Digital LA have a real treat for all you comic fans out there! We have actor Thomas Jane (Hung, Punisher), Marvel, Graphic.ly, Dan Fraga, Joelle Sellner, and Hal Hefner. Join the discussion with digital comics, animation and games experts for the third annual Digital Comics panel. We’ll discuss how comics and comic book characters are part of an overall entertainment franchise, including animation, games, movies, iPad apps, web series, and promotion via social media.

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Too Busy for Social Media Marketing Could Be Fatal

Startup Professionals Musings

I have a friend who runs a nationwide “traditional” business, and business has been down, like it has been for most people. I suggested that he add some social network marketing initiatives, and his answer was he is “too busy.” He is not alone, according to a recent study , which concludes that only 47% of companies use social media today for marketing, despite the fact that 78% of executives polled feel it’s critical for success.

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Twitter Delivers You 4x More Traffic Than You Think. Here’s Why …

Both Sides of the Table

This article originally appeared on TechCrunch (this version is slightly different). Most web publishers measure where their traffic is coming from using an analytics package such as Google Analytics, Omniture or Core Metrics. These were good packages in the pre social media world at helping figure out who was driving your traffic. Today they’re wrong.

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Tealium Takes On Web Tags

socalTECH

San Diego-based Tealium , a firm started by Websidestory/Visual Sciences/Omniture vets, said today that it has launched a product to help web marketers manage their digital marketing products. The firm said its Tealium iQ software allows marketers to easily add, remove, and modify web page tags which are used for data collection, measurement, behavioral target, and online optimization.

Web 247
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Startup Children – How To Parent An Entrepreneur (Part II) - Sales Advice From Dr. Seuss

InfoChachkie

Note: This is part II of a five part series. Access the first installment HERE , part III HERE , part IV HERE , and part V HERE. In part I of this series, I discussed how you can teach your children to make something from nothing by sharing with them Marcia Brown’s Stone Soup. There are a number of other children’s books that also serve as good platforms from which you can impart entrepreneurial values and lessons.

Sales 219
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Pick your pricing niche carefully. Defend it.

Berkonomics

There are five major classes or niches a company should examine and make its own in calculating positioning in the marketplace. They are: Price. Quality. Service. Innovation. Elegance. Companies that compete on price rarely compete against others who emphasize service or quality. Internet resellers have a better chance to combine price and quality than those with much more fixed overhead occupying a bricks-and-mortar physical presence in the community.

Pricing 197
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Female Founders and CEOs | Andrea Gouw of ShopperSeeks

Tech Zulu Event

I connected with Andrea Gouw , the founder of ShopperSeeks.com , on Twitter (thank you social media), when reaching out for women CEOs and founders around the country. Andrea and her team are awesome and provide such a great service for those who want the right type of shopping experience. I must say I’ve become a regular user of ShopperSeeks every since this interview.

Startup 99
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Entrepreneurs Need to Be Leaders, Not Pushers

Startup Professionals Musings

True leaders realize that, by definition, the word "leader" places one at the front and not the rear. Yet many, many executives try to lead through fear and intimidation. This isn’t really leading at all. It’s pushing. Those of you with time in the military probably understand this concept well. In startups, leading from the front means that you are not afraid to get your hands dirty, pitching in to get the job done.

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Reflections of America this July 4th

Both Sides of the Table

July 4th. The funniest experience I ever had on July 4th (US Independence Day) was in 1999. That was the year I spent July 4th in Tokyo, where I was living for 6 months. I had been living in Europe since the start of 1995, most recently in London. I have always had a strong affinity for Japanese culture, perhaps because I grew up in Northern California.

Startup 290
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Social Media Week Efforts Kick Off

socalTECH

The organizers of Social Media Week Los Angeles said today that they have kicked off plans to feature more than 50, free, public events across LA during Social Media Week, September 19-23rd. The local events--part of a broader, global Social Media Week effort--will include keynotes and meetings, breakfasts, and parties. Social Media Week is focused on tracking trends in social media, and bills itself as a "distributed conference".

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Startup Children – How To Parent An Entrepreneur (Part III) - Board Games Can Teach Children Negotiating And Risk Taking Skills

InfoChachkie

Note: This is part III of a five part series. Access the first installment HERE , part II HERE , part IV HERE and part V HERE. Along with Dr. Seuss’ Green Eggs and Ham and Marcia Brown’s Stone Soup , the seemingly innocuous board game Monopoly has played a pivotal role in the edification of several generations of entrepreneurs. When you play Monopoly with your children, you can subtly underscore an entrepreneurial mindset in their gameplay which will ultimately help them develop valuable start

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Where there’s mystery, there’s margin.

Berkonomics

Here’s a phrase I created in the early 1980’s to describe what I clearly saw as the last chance to make high margins on the sale of computer hardware to businesses. In the day of the mainframe and then the minicomputer, margins for manufacturers exceeded 35% and dealers were granted a 35% margin as well. Even with the usual discount of 10%, the margins on hardware were high, especially when applied to prices that exceeded $30,000 per sale. .

Pricing 184
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Triptrotting Lets You Experience Your Travel Adventure With Locals

Tech Zulu Event

If you love to travel and you’re all about the not so touristy stuff you may have just struck social media gold. Triptrotting is the perfect go to website for those world travelers that crave excitement off the beaten bath. Mostly geared towards college students and young professionals, users can log on fill out a profile and be paired up with users of similar interests on the site.

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Are Poker Playing Entrepreneurs More Successful?

Startup Professionals Musings

By Bob La Loggia, CEO StormSource Software Are startup founders who play poker statistically more likely to succeed in business? Beats me. But I do know that there are many lessons that founders can learn from poker players. As we all know, poker used to be relegated to smoky casinos and the back rooms of seedy lounges. But, in recent years, poker has become a game for the masses.

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Turning the Camera on Chris Dixon

Both Sides of the Table

Chris Dixon is one of my favorite people in tech and writes one of the few blogs I read religiously. If you don’t read it and you care about tech & entrepreneurship, you should. He’s thoughtful about markets, investors, products and is always very well reasoned in his arguments. I’ve also found him to not be dogmatic either. He and I once took different sides of an debate about whether “VC signaling&# in early-stage deals is a serious problem or not.

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Broke Girl's Guide Gets Funding

socalTECH

Santa Monica-based Broke Girl's Guide , a startup focusing in on daily deals and information for women, has scored a small debt funding round, according to a regulatory filing by the firm this week. The firm--started by Erin Bunch, Michelle Vick, and Rita Ravindra--notably lists former MySpace SVP International Marketing and MySpace Music SVP Jamie Kantrowitz as an advisor.

Guide 230
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RingRevenue Creates A New Performance Marketing Revenue Channel

InfoChachkie

Messenger : Rob Duva , Co-Founder, COO RingRevenue, prior Director of Customer Acquisition, CallWave. Value Prop Twitter Style : “Ringrevenue’s call performance marketing platform enables ad networks, agencies, advertisers & publishers to generate more inbound sales calls.”. If you haven’t already subscribed yet, subscribe now for free weekly Infochachkie articles!

Marketing 209
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Version 0.9. What Do You Think?

Both Sides of the Table

I’m excited to announce that we silently launched our new website last week. Like a startup we took a very “version 0.9” approach. What I would love to do with this post is tell you our goals and solicit reactions for what you like and what you don’t like. What you’d like to see added, removed or changed. What text resonates? What do you think of the design elements?

UCSD 260
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BetterWorks Taps Nicole Jordan For Communications Head

socalTECH

Santa Monica-based BetterWorks , the employee fringe benefits services provider headed by Paige Craig, has tapped LA technology advocate Nicole Jordan as its head of Communications. BetterWorks said Tuesday afternoon that Jordan will serve as Director of Communications at the company, heading up public relations, corporate communications, and thought leadership.

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Scopely Dangles $11K, Bacon, Beer For Recruits

socalTECH

Los Angeles-based Scopely , the stealth-mode startup which announced a funding round this week, has a unique pitch to potential employees: the firm is offering up $11,000 wrapped in Bacon, an oil painting of the new employee, Cuban cigars, a year's supply of beer, and more prizes to new employees or people who refer friends to work at the startup. In the tongue-in-cheek recruiting effort--which it says is aimed at hiring the Most Interesting Engineers In The World --is a takeoff of the Dos Equis

Google 227
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Buy.com Expands Home Improvement Products

socalTECH

Aliso Viejo-based Buy.com is reporting today that it has "significantly expanded" its selection of home improvement products. The online retailer said it has linked with CPO Outlets, adding thousands of home and outdoor products to the store. Buy.com said the products include lawn care products, tools, compressors, pressure washers, generators, and more.

Product 220
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Scopely Gets Angel Funding

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Los Angeles-based Scopely , a stealth mode firm headed by former Applied Semantics co-founder Eytan Elbaz , has raised a round of seed funding. The funding came from Terry Semel , Lerer Ventures , Howard Lindzon (StockTwits), Gil Elbaz (Factual), David Cohen (TechStars), Dave Tisch (TechStars), the Collaborative Fund , Evan Rifkin ( Burstly ), and Clark Landry (GraphEffect).

Angel 219
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Nimble Hits Google Apps Marketplace

socalTECH

Los Angeles-based Nimble , the contact management and tracking software firm headed by former Goldmine founder Jon Ferrara, has rolled out in the Google Apps Marketplace. Nimble develops software which allows users to track their interaction with contacts, including emails, social networking contacts, and more. Ferrara is applying his experience with developing contact management software for sales teams and others--Goldmine was among the first and top leading software programs of its day for co

Google 215
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PixelFish Nabs $4M For Online Video Ads

socalTECH

Torrance-based PixelFish , which provides online video marketing products to local businesses, announced Thursday that it has raised $4M in a funding round. The round was led by Bullpen Capital, and also included Floodgate, Mack Capital, Tomorrow Ventures, 500 Startups, and Western Tech. The firm is headed by John McIntyre. PixelFish said the funding will go towards sales, marketing, and technology.

Torrance 213
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PointHub Takes On Travel Rewards

socalTECH

A new, Santa Monica-based startup, PointHub , is getting set to launch a service to help travelers decipher travel rewards and points programs. The service is aimed at helping travelers figure out if it's better to use their points or pay cash for travel. The startup--headed by Justin Byers--has created a "Cash vs. Points Recommendation Engine" which compares pricing factors, redemption fees, loyalty program restrictions, and more to help travelers figure out how to book their flights and travel

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Break Media, Scripped.com Name Contest Winner

socalTECH

Los Angeles-based Break Media , the online digital video site run by Keith Richman, and Scripped.com , the online screenwriting site headed by Sunil Rajaraman, have named a winner in a contest sponsored by the two companies. According to the two, it has named a Boston comedian, Evan Kaufman, as the winnner of a screenwriting contest by the two, which resulted in the production of a video based on that script by Break's production arm, Creative Lab.

Media 206
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ResumeBucket Nears 1 Million Users

socalTECH

Los Angeles-based ResumeBucket , the online resume site co-founded by Ted Hekman and Josh Stomel, said today that it is approaching the one millionth user of its website. ResumeBucket operates an online site which makes it easy for job seekers to create an online resume, publish that resume and different versions to employers, and more. The firm said that it will be awarding a prize to celebrate its millionth user, as part of a celebration of the milestone, including a new suit or professional o

Coach 202