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My role is to work as part of the team to (1) understand related technologies and technical opportunities, (2) understand and help drive alignment around a vision of where the business should go, and (3) mesh those together to help make disciplined, proactive technical decisions. Many people ask how the acting-CTO gig can work out.
I am looking for one or two startups that I can work with on their road to success as a virtual C-level officer, board member, advisor or other relationship. This is actually fairly common and I think it’s a bit challenging in that the technology roles (from technology advisor to CTO) in a startup vary widely.
If you're familiar with YCombinator or TechStars, you know that companies also get access to a deep network of top tier mentors and advisors, who help them with a variety of things, such as product marketing, go-to-market, and funding. We're providing seed funding, office space, and put them through a three month, structured program.
I spent nearly a decade building software for large companies and then advising companies on the same. He would have found somebody technical and inspired that individual to work for equity or deferred payment. Good entrepreneurs have a penchant for doing vs. over-analyzing. obviously don’t read this as zero analysis).
Often this situation is characterized as a “good problem to have” until you’re the technical person who needs to solve the problem—and quickly. Well, there are a number of technical reasons for applications suffering performance issues. We therefore routinely advise leads of new projects to consider performance early.
Despite this technical glitch, I opted to publish our discussion, given the high-quality content of his comments. Len remains an activeadvisor to several startups. In this regard, I asked him to share the lessons from his early days of online marketing that remain relevant to the startups he currently advises.
Your goal is to invest in engineering (to maintain your product lead), new offices / locations (to capture markets before others), marketing (to capture consumer attention before others do) … all of these activities consume cash often in advance of the revenue they generate. Valuation. You really need to subtract the final month.
Your time is precious, so don’t waste a minute of it on useless activities or dreaming. In my own experience with technical startup founders, I still find it hard to name one who was also good, or even interested in financials or business operations. Then pursue the people and education you need to build a winning business.
Many of the entrepreneurs I advise or invest with spend considerable time on the Internet, keeping up with technology, customers, and competitors, but very few feel the need for an early personal presence. There are dozens of tools available to help you monitor relevant activity, including Social Mention and Google Alerts.
I would argue that this mostly consists of consumer Internet companies (although not exclusively) and it is predominantly early-stage people who are product gurus and have a mildly technical bend to them. The conversation moves from consuming images on a screen in lean back mode, to active engagement. Are they actively listening?
Most small businesses I advise still rely on traditional advertising models, assuming they can create enough media “noise” to get customers attention and sway them. This is technically called “permissioned,” and it comes in two forms: implicit and explicit. You now need a personal context in your marketing to get results.
The opportunity is open to all US-based entrepreneurs and small business owners, as long as they are active Skip Plus members. While the program’s deadline is technically on November 1, we’d recommend applying in October it’s only accepting a limited number of applications.
Indeed, it has been know that the NSA has been known to actively recruit from DefCon’s Capture the Flag challenge and it’s quite encouraging to see the Federal Trade Commission getting involved this year as well. At the end, winners can really claim to be the “best of the best.” ” Government.
► August (1) Invest in Transparency & Active Communication ► July (1) The Fear of Success ► May (2) Optimized for Speed = 30% Waste Happy 1st Birthday Rubicon Project! I decided that I was going to consult/advise a few companies and relax for a bit. ► October (1) New Video!
► August (1) Invest in Transparency & Active Communication ► July (1) The Fear of Success ► May (2) Optimized for Speed = 30% Waste Happy 1st Birthday Rubicon Project! After getting the run around from the CEO, I was advised to take action to remedy the situation. ► October (1) New Video!
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