Monday, May 10, 2010

How to build a successful software company: vision, pivot, team harmony, tight feedback loop.

“A startup is a human institution designed to deliver a new product or service under conditions of extreme uncertainty.” (Eric Ries

Most Internet consumer startps fail! (over 95% of them :( ) Imagine the process: get an idea, passionately find co-founders and recruit a team, start building a product, start engaging with customers, build business plan, financial reports, establish a company, bootstrap your way, somehow financial getting by while keep on passionately believe in the vision and pump it up to the team, pivot all the time from the original plan believe in your to gut feeling and team feedback's... then raise seed funding, then maybe round A and then FAIL :( ... like most startups... include 2 great success stories, videos and more more...

Saturday, May 1, 2010

Smile to the world, and the world will smile to you, help others and they will help of life!

We all grow and learn from others success - i think it will make us more successful.

Sometime we may think that a competitor/other company progress is bad for our company. I don't, at the end of the day, any progress that happen in the startup world had a direct connection to other startups success.

The more that we help others to succeed, we grow ourselves and make us more successful.

Look at investments for example, the more startup will succeed, the more investments will come, when and internet startup will get an IPO (FB, twitter ...? ) then more VC money will come, more money will be direct to the industry, attracting better people, create new initiatives, adding new angle investors and provide to the end users more selection to choose from, ultimately adding more consumers to each industry.

here is a small example of how i promote Balsamiq Mockups (Balsamiq page), note that this video was seen by almost 2000 people, i hope it added new clients to Balsamiq :)

So Smile to the world, and the world will smile to you, help others and they will help of life.