This is the Startup Wiki for discussing and collaborating on all aspects of the startup life.
Kevin Hale’s Notes from Startup School
Kevin Hale of the ever-excellent ParticleTree is at Paul Graham’s Startup School in Cambridge, and taking very extensive notes. Kevin, thanks for this.
75 Reasons to Be Glad You’re an American Entrepreneur Right Now
Let’s compare notes. Here’s our tally of the diverse ways the culture, the economy, and entrepreneurship’s own history are combining to make this a great time–the best time, in fact–to be building a business.
The Language of Venture Capital
3i (via alarm:clock):
The international venture capital and private equity industry has a language all of its own. To help beginners we have created a guide to the jargon.
Great Companies Aren’t Born. They’re Grown
Apple started in a garage. Dell started in a dorm room. Starbucks started with a single store. Nike started out of a car trunk.
Why People Avoid Starting a Business
Frank Ross (via Dane Carlson):
There are lots of reasons in favor of going into business for yourself (be your own boss, work your own hours, etc). But there are also a variety of reasons why people don’t go into business for themselves. Some common obstacles are…
The Five Ways to Accelerate Revenue
Paul McNamara (via Anthony Cerminaro):
Entrepreneurs in early stage companies can spend many months, and sometimes years, developing a new product. For many, the moment when the product is finally ready to go to market fosters feelings of great accomplishment and great anxiety. Can I make my sales projections? Will the company scale? Do we have what it takes to be successful?
Ultimately, these questions boil down to one: how to accelerate revenue formation. In this article, I want to share with you five proven revenue accelerators.
How the JetBlue Shuttle to Boston is Like Dell’s Move Into Servers
JetBlue launching a shuttle between New York and Boston is a brilliant move, for subtle reasons. It’s not really that they need a share of the NY-Boston market, although that would be nice. It’s not that they want to strengthen their JFK hub by feeding in passengers from Boston, although that would be nice, too.
Here’s my theory. They’re launching this because Delta and USAir consistently make huge profits from the Boston shuttle … profits which subsidize their other loss-making routes. By forcing down prices in the shuttle market, eliminating those excess profits for their competitors, they’re going to make it harder for those airlines to accept losses on other routes elsewhere which compete with JetBlue.
Your Idea Isn’t Good Enough To Keep Secret
Ramit Sethi (via Dane Carlson):
One of the most rookie mistakes young entrepreneurs make is keeping their ideas secret. It goes something like this:
You: “So what are you working on?”
Rookie: “Oh, sorry. I can’t really talk about it.”Really! Your idea is so grand that you can’t share it with even your close friend? Wow, I want to invest in you right now!!!
Reflections on Kelo
Since the 1960s, judicial activism has long exercised the patience of many Americans with their judges. Normally this is associated with concerns about courts identifying and promoting various “rights”—such as an alleged constitutional right to privacy—that even some of their most passionate supporters freely concede cannot be derived from the American Constitution.
Judicial activism, however, took a new step on June 23, 2005, when the United States Supreme Court decided in Kelo v. City of New London to expand the definition of what is known as “eminent domain.”
Via Jeff Cornwall, who writes:
Over time, Kelo will become known as the sharpest blow to free enterprise and entrepreneurship since this country was founded.