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I spent nearly a decade building software for large companies and then advising companies on the same. The technology team disagrees on direction and wants resolutions. A couple of quick stories / examples: 1. There’s a guy in Los Angeles that I met at several tech networking events. Making Things Happen.
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. We don’t know just how often this occurs, but judging from the calls we get there are lots of anecdotal examples. Examples would be intranet or special-purpose B2B applications.
Thus, I was happy to see my perspective solidified and detailed with real examples in a timely book, “ Mission Possible: How to Build a Business for our Times ,” by Alexandre Mars. 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.
Based on my experience advising new entrepreneurs as well as more mature businesses, I recommend the following strategies for building business momentum, while still optimizing the limited resources of every small business: Find more customers that like what you do best. Focus first on finding more of the right customers.
For some aspiring to be tech entrepreneurs, I often suggest a two-step process, as I argued in this post that “ The First Startup Founder You Need to Invest in Is You.” He or she has worked at some very successful big technology or media companies and went to a great school.
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. Consistently review and respond to relevant online feedback. Reach out to friends and supporters for positive mentions.
Yet, despite his exceptional courtroom theatrics, you would be foolhardy to hire good old Johnnie to review your software cross-licensing agreement. Your lawyer is a trusted advisor, but in the end, you run your business, your lawyer does not. Bill Review – Believe it or not, lawyers and their staff are human (insert “gasp” here).
With public interest in artificial intelligence technologies on the rise, five of the world’s largest corporations—vying against each other in so many spheres—are banding together to support research on the ethical and societal issues raised by machines with increasingly human-like capabilities.
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