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Uncommon Sense for Entrepreneurs | Derek Sivers

Uncommon Sense for Entrepreneurs | Derek Sivers | Startup Culture | Scoop.it

Uncommon Sense for Entrepreneurs from Derek Sivers | Entrepreneur, programmer, avid student of life. I make useful things. I share what  I learn. "

 

All of my business advice for entrepreneurs. A quick summary of almost everything I've learned. One of my most popular talks. This is the talk that a few different conferences paid the big bucks to have me do in-person. But I don't like repeating myself, so I hit record in the studio to share it for free.


It's split into 8 parts, one subject each:

1- My background
2- Why are you doing this?
3- Nobody knows the future.
4- Revolution
5- Hit or switch
6- Version 0.1
7- Ideas × Execution
8- CD Baby

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What I Wish I Knew Before Pitching LinkedIn to VCs

What I Wish I Knew Before Pitching LinkedIn to VCs | Startup Culture | Scoop.it
At Greylock, my partners and I are driven by one guiding mission: always help entrepreneurs. It doesn’t matter whether an entrepreneur is in our portfolio, whether we’re considering an investment, or
blogbrevity's insight:

"The ideal financing partner is a financing cofounder." – Reid Hoffman 

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Mike Doherty's curator insight, October 16, 2013 3:42 AM

Never forget your investors are your partners.  Make sure you have a good working relationship before you sign, you will be living with them  for quite awhile.

Timothy Jacquet's curator insight, October 17, 2013 12:32 PM

Well said!

Subhash Acharya's curator insight, January 30, 7:46 AM

zebrathemes are pleased to announce the launch of our website zebrathemes.com, our team at zebrathemes.com is committed to provide high quality free WordPress themes to web community. Although there are thousands of free WordPress themes available, but there has been increasing demand of good ones.

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Lessons From Youngest Self-Made Female Billionaire

Lessons From Youngest Self-Made Female Billionaire | Startup Culture | Scoop.it
“Failure to me became not trying versus not succeeding” - Sara Blakely “What you don’t know can be your greatest asset” – Sara Blakely Sara Blakely had graduated from college with a communication degree.
blogbrevity's insight:

"Sara had only $5,000 in savings. She had to be effective and efficient. Her ability to do both is why she owns 100% of the company that generates $500M per year in sales."

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harish magan's comment, September 26, 2013 2:25 AM
There is razor thin difference between success and failure. Only those who keep on trying and minimize the difference on every new effort, finally succeed and arrive in this world announced by Media.
harish magan's comment, September 26, 2013 2:25 AM
There is razor thin difference between success and failure. Only those who keep on trying and minimize the difference on every new effort, finally succeed and arrive in this world announced by Media.
Shelby Stephens's curator insight, September 26, 2013 6:49 PM

Self-made billionaire, motivating article on how following your dreams and the art of not knowing can be a great asset.

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80+ places to raise money | Saul K. - VCs

80+ places to raise money | Saul K. - VCs | Startup Culture | Scoop.it

80+ VCs – foursquare list 

 

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Defmaster Production's comment, July 19, 2013 5:01 AM
"Just" 4 places in USA, quite surprising
Chuck Devers's curator insight, July 30, 2013 10:16 PM

The Center For Institutional Finance is ready to bring your business venture forward.  Here are some ideas on raising the VC to get started.

Jennifer Yaniz's comment, August 9, 2013 11:13 AM
Proper start up advice and funding is terribly difficult to find, thanks for the information.
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How Funding Works - Splitting The Equity With Investors - Infographic

How Funding Works - Splitting The Equity With Investors - Infographic | Startup Culture | Scoop.it
This infographic shows how funding works for a hypothetical startup splitting equity with angel investors, venture capitalists and IPO.
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Michael Krok's curator insight, July 10, 2013 9:55 AM

Informative visual that shows how a great idea is turned into an IPO. The original idea generator gets less than 20% of the profit.

Gregg Turnbull's comment, July 14, 2013 1:23 AM
Many great infographics on this site. Thanks for scooping Sam
Charles Young's curator insight, September 29, 2013 1:19 AM

A great visualisation of how funding works.

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Pitching Hack: It's Not What You Said, It's How You Made Them Feel @getmoreclarity

Pitching Hack: It's Not What You Said, It's How You Made Them Feel @getmoreclarity | Startup Culture | Scoop.it
Let me start with a question… What was the last power point or pitch deck you saw? Can you recall what was on slide 5?
blogbrevity's insight:

"The secret to connecting with people is to get them to SEE and more importantly FEEL what you do."

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Curated List of Startup Tools for Entrepreneurs by @sgblank

Curated List of Startup Tools for Entrepreneurs by @sgblank | Startup Culture | Scoop.it
1. Startup Tools Click Here 2. Founding/Running a Startup Advice Click Here 3. Market Research Click Here 4. China Market Click Here -------------- Startup Tools Getting Started Why the Lean Startu...
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Santosh Kumar Nair's curator insight, June 19, 2013 2:05 AM

Great site for young entrepreneurs looking at setting up thier business.

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One size doesn't fit all – @bijan

One size doesn't fit all – @bijan | Startup Culture | Scoop.it
One thing you learn as a parent is how different one child is from another and as result what works for one kid doesn’t necessarily work for another. An example in our house: we have 1 kid in private...
blogbrevity's insight:

"The power of startups is their own cultures, ideas and special gifts." 

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Superconnector: This VC says "Thank You" More Than Anyone Else

Superconnector: This VC says "Thank You" More Than Anyone Else | Startup Culture | Scoop.it
Shervin Pishevar moved to the Bay Area in 2008. Yet his network in tech is enviable. Here's how he does it.
blogbrevity's insight:

Table is an analysis of Shervin's Tweets for the last week (Nov. 1-8), compared to other prominent tech Twitter users. Note that Shervin says "Thanks-Thank-Thank you" more than anyone else.

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ValueStream Labs's curator insight, May 9, 2013 8:14 AM

Shervin Pishevar gets it and so do we #payitforward

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From the "Future of Funding": Insider Tips on Using AngelList to Raise Money

From the "Future of Funding": Insider Tips on Using AngelList to Raise Money | Startup Culture | Scoop.it
At the 13th Founder Showcase, which took place on March 27th of this year, the focus of the evening was on the ‘Future of Funding’ and early-stage startups.
blogbrevity's insight:

Ash Fontana, Head of Fundraising Products at AngelList, explains the fundamentals of using the site including 5 best practices for both startups and investors.

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Jose Gonzalez's curator insight, April 29, 2013 12:47 AM

Love it !

This is a MUST for my sanity !

Thanks,

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Starting v. Building a Company | David Lee

Starting v. Building a Company | David Lee | Startup Culture | Scoop.it

"I’d rather err on the side of making it easier and not harder for bright people to have the opportunity to start companies." -David Lee, SV Angel

 

We at SV Angel focus on the company-starting phase. We also work with companies at inflection points in all phases. But we generally invest in founders who start their companies with the hopes of “graduating” to the hard part - building a company. Our involvement is usually in the first 18 months. And if they do graduate, we hope that the next phase is a ten to twenty year run.

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The 2 Things About Your Start-up Idea That Actually Matter

The 2 Things About Your Start-up Idea That Actually Matter | Startup Culture | Scoop.it
Y Combinator's Garry Tan hands you the only yardstick you need when starting a technology company. How does your idea measure up?

 

"Make something people want." An even better mantra for start-up entrepreneurs, I propose, would be: "Make something a lot of people want a lot."

 

The best—and often the most successful—ideas service a huge need for a huge number of people. 

 

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OverAPI.com | Collecting all the cheat sheets

OverAPI.com | Collecting all the cheat sheets | Startup Culture | Scoop.it
OverAPI.com is a site collecting all the cheatsheets,all!
blogbrevity's insight:

Starting with "A": 

.NET ActionScript Ada ADO.NET Adobe Adobe Acrobat AJAX AlgebraApache Apache Ant Apache Camel Apache Cassandra Apache Solr APT ArduinoASCII Astronomy ASP Assembly Language Atom AWK Azure
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CloudFlare Co-Founder Michelle Zatlyn Shares Case Study With Tips On How To Grow To Billions Of Users

CloudFlare Co-Founder Michelle Zatlyn Shares Case Study With Tips On How To Grow To Billions Of Users | Startup Culture | Scoop.it

CloudFlare processes 3% of all the Internet traffic, states CloudFlare co-founder Michelle Zatlyn at the Women 2.0 Conference 2013. She presents a case study about going to billions as a startup founder. How did she do this? “No silver bullet” she admits, concluding that it’s a combination of many different things.

 

Today's Women 2.0 Conference on February 14, 2013 is being livestreamed and video will be available post-event.

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Tim Westergren | An unlikely journey ... or If a Nanny Can Do It

Tim Westergren | An unlikely journey ... or If a Nanny Can Do It | Startup Culture | Scoop.it

The important skills are the basic ones, and those you can learn just about anywhere. I'm thinking of things like teamwork, communication, tenacity, problem-solving, creativity, etc. I don't have an MBA or any formal business training. I learned what I needed to know by taking care of kids, managing a band, and fighting for work as a film composer.

People take all sorts of different roads to entrepreneurship. If you've developed those very basic requisite skills, it doesn't matter where you honed them.

So when you start to think that you're too old, or you didn't make the right choices, or don't have the requisite skill set... just remember that a 34 year old former "manny" founded Pandora.

 
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Respect an Investor's Time: How to Craft Your Message

about building your communications kit and media kit so you can speak to Venture Capital and Angel Investors ...
blogbrevity's insight:

In this video, Bob Wan Kim shares some great advice on how to craft a message to investors.

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Hal Pawluk's comment, August 25, 2013 7:21 AM
If "there is only ONE chance to make a great first impession," this guy totally blew it.
Andrew Earnshaw's curator insight, August 30, 2013 2:29 AM

So many small businesses need financial and intellectual investment to maximise their potential. But many go 'half-cocked' holding out their hands with insufficient supporting evidence of future success.

Jason Moccia's curator insight, March 12, 11:52 AM

Good points one how to market to investors.

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What State Should I Form My Entity In? | Helpful advice for startups

What is the best state to form your startup? It depends ...

blogbrevity's insight:

Jessica Mathews @jessmathews gives helpful advice for startups to determine the best state for forming a business entity including LLC and Corporation. 

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Chuck Devers's curator insight, July 30, 2013 10:27 PM

There are so manny considerations to getting this right!  Here are some pointers.  Call us at (888) 466-5557 for help.

Jim Allen, III's curator insight, September 17, 2013 10:40 AM

Interesting topic and something you may wish to consider.

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Seth Godin on Taking Risks and Entrepreneurship

Business iconoclast Seth Godin talks about trying out new ideas with Bryan Elliott for 'Behind the Brand.'

 

blogbrevity's insight:

Inspiration: Remind yourself that most failure isn't fatal. Keep going!

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Angela Heath's curator insight, September 12, 2013 10:42 AM

I love the insight.  If the failue is not devastating, what's the harm.  Nothing.  It is a learning experience.

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Writing a Business Plan : Startup Ideas : Sequoia Capital : US

Writing a Business Plan : Startup Ideas : Sequoia Capital : US | Startup Culture | Scoop.it

EVERY BUSINESS STARTS WITH A BLINKING CURSOR OR BLANK SHEET OF PAPER. THE BEST FOUNDERS ARE CLEAR THINKERS. THEY DON’T NEED MANY WORDS, CHARTS, SPREADSHEETS OR SLIDES TO EXPRESS THEIR IDEAS. MANY OF THEM JUST USED THIS SIMPLE OUTLINE.

blogbrevity's insight:

According to David Lee of SV Angel, "Still the best template for a startup pitch imho."

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Susan Bagyura, High Performance Coach's curator insight, July 2, 2013 5:40 PM

I like approach because it's short and focused.  The most important thing is to have talking points as people aren't going to read a novel.  When using the business plan as a roadmap, it won't be followed either if it's too  big and unwieldy. 

Chuck Devers's curator insight, July 30, 2013 11:11 PM

We are ready to get you growing!

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The "idea guy" and the "idea editor" @marcoarment

The "idea guy" and the "idea editor" @marcoarment | Startup Culture | Scoop.it
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blogbrevity's comment, May 22, 2013 1:30 PM
Retrospective on tumblr from Marco Arment.
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The Pitch Deck We Used To Raise $500,000 For Our Startup @bufferapp

The Pitch Deck We Used To Raise $500,000 For Our Startup @bufferapp | Startup Culture | Scoop.it
A surprisingly generous sharing of ideas (and the actual deck) from a successful fund-raise.
blogbrevity's insight:

Powerful and generous explanation of presenting key ideas in a pitch deck. Competition slide shows the power of visuals. Great share!

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Elina Juusola-Halonen's curator insight, May 20, 2013 12:22 AM

It always good to expand the knowledge on how to raise funds For New ideas. Very useful! 

Umesh Choori's curator insight, May 20, 2013 12:29 PM

Ratio thinking - key to success!

Kahssaye Kebede Ambaw's curator insight, May 26, 2013 1:26 AM

wow dollar heap for a pitch

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What I Learned Building Medium (So Far)…

What I Learned Building Medium (So Far)… | Startup Culture | Scoop.it
As of November 2012

We’re now eight months into building Medium, having started in earnest in February of this year. In August, we launched…
blogbrevity's insight:

"Usage is like oxygen for ideas."

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Reverse Engineering the CompStak 500 Startups Demo Day Pitch – Becoming a better entrepreneur – PR Lambert

Reverse Engineering the CompStak 500 Startups Demo Day Pitch – Becoming a better entrepreneur – PR Lambert | Startup Culture | Scoop.it
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How to Create an Amazing Pitch Deck and Build Your Dream Startup

How to Create an Amazing Pitch Deck and Build Your Dream Startup | Startup Culture | Scoop.it

Although there are stories of startups getting funding from an idea on a napkin, for most startups, the pitch deck has become the vehicle to sell an idea. In fact, the jQuery powered online pitch deck is becoming de rigueur in the tech world.

 

Learn how you can create your own modern pitch deck with this great tutorial and plugin from Dress Rush.

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MrAnalytic's comment, May 19, 2013 5:01 PM
A Elevator Pitch 2.0. Nice. Will be beneficial for introverts like me!
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Fred Wilson + Creative Entrepreneurship

Fred Wilson + Creative Entrepreneurship | Startup Culture | Scoop.it
Fred Wilson + Creative Entrepreneurship Fred Wilson (@fredwilson) of Union Square Ventures recently sat down with us to talk about his contribution to “Creative Entrepreneurship” and his MBA Mondays...
blogbrevity's insight:

Fred Wilson on sharing his business knowledge through his blog, classes at Union Square Ventures, and with 2,500 people enrolled via Skillshare: "It's definitely gone in all kinds of directions that I wouldn't have thought ... but that's the power of the Internet, of putting stuff out there without any restrictions ... it grows organically."

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Thought-provoking interview - Scoble Interviews Marc Andreessen on the age of context, er, the future of…

Thought-provoking interview - Scoble Interviews Marc Andreessen on the age of context, er, the future of… | Startup Culture | Scoop.it

Marc Andreessen on the age of context, er, the future of the tech industry..."

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blogbrevity's curator insight, February 25, 2013 9:44 PM

The long term trends indentified ... liquified markets, "soft" material manufacturing, erosion of privacy ... and discussion re the value of networks for VC investing vs the future role of data intelligence ... What if sensors from the Internet of Things could predict the next "band" sensation by tracking the emotional reaction of small venue concert-goers from all available perfomances in the world? What is the long term prediction for the value of human insight? Will the reputation economy spike, and then shift?