Wednesday, December 29, 2010

Advantages to keeping your competition close

I read this post by Marc Suster and thought of a previous manager and company I worked for. They were always belittling the competition. They claimed they had the only logical solution. This looked bad to subordinates like me, I can only imagine what it looked like to potential customers. After two years with this company I saw how this attitude really damaged them mentally in how they think about themselves and their competition. If you can be honest in saying what your competition is good at then you can find the truth in what you're good at. As it was, this company just deluded itself into thinking they were the best at everything and no one took them seriously or believed they could deliver. Employees were under the delusion that this company was the center of the universe.

Read more from Both Sides of the Table here

Thursday, December 16, 2010

Why You Should Work For a Big Company

...And now, the tit-for-the-tat. Here are some great reasons why grounding yourself and understanding burocracy and process flow are important background before you launch into your startup.

Why You Should Work For a Big Company

Wednesday, December 15, 2010

Start a Startup

After reading and collecting great startup advice from notable entrepreneurs and slowly jamming them into my Google Reader I came across this blog post. Unlike other bloggers who just disseminate good advice. This post served to motivate and inspire. People say the average person changes careers 7 times in life, I think it's safe to say that those who choose to be an entrepreneur, stick with it for reasons listed in this article.

14 Reasons Why You Need To Start A Startup

Thursday, December 9, 2010

Recommendation and review sites

AdaptiveBlue, the developer behind the entertainment “check-in” app GetGlue, has raised $6 million in a round of funding led by Time Warner. GetGlue is a recmmendation and review site, what I think is the next big wave of the internet - to be able to see at a glance what your friends are doing and how their likes compare to yours. A gold mine for advertisers. CrowdRage is following a similar user generation model by allowing users to share opinions/reviews of live concerts. A more niche site, however CrowdRage has potential to dominate a market for users hungry to have a fun/informative night out to see a show.

GetGlue plays on the current vogue for check-in apps, applying the idea to entertainment media. Users can either download an app to an Apple (NSDQ: AAPL) or Android device, which allows them to “check-in” to movies, books, TV shows, music and other entertainment, and it allows them to see in real time what their friends are consuming.

Read more at:

PaidContent.org

Wednesday, December 1, 2010

Always Assume Competition (Venture Hacks)

Post by Venture Hacks. Good advice and motivation for the faint of heart that feels their idea has already been done.

Always Assume Competition