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Martin (Marty) Smith
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![Startups Who Want To Change World - Only 10 Days To Apply To Triangle Startup Factory [Marty Rec] | Startup Revolution | Scoop.it](/resources/img/white.gif)
Durham Incubator
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7 + 3 Lessons From Failed Startups
1. Consider the entire experience 2. Raise money when you can not when you need too 3. Don't give away equity too soon or too fast Read the other 4 from the Inc post: https://www.inc.com/yoram-solomon/7-lessons-you-should-learn-from-my-failed-startup.html
I'd add three of my own lessons from my "failed startup":
1. Don't think in terms of success and failure, win and lose. Think about impact, learning, and potential. Startups require a more nuanced sense of win/lose.
2. Don't hire your friends even if they are the right people because you are probably blind to faults, issues, or other "round peg in square hole" problems with friends.
3. Create any startup in collaboration with customers. Don't do the "mad inventor" thing and go off and think you've created a better mousetrap. You won't. Instead, collaborate and build on what you learn from real customers facing immediate problems.
Martin (Marty) Smith's insight:
Seven tips from Inc and three from me and the Curagami team.
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Hot Startups This Year
Martin (Marty) Smith's insight:
18 new to us hot startups. Interesting to see how many categories and business models these 18 hot startups cross and utlize
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Failure Not So Bad, But Learn The Ropes This Fortune post is encouraging and informative. Encouraging because fewer startups fail than urban myth predicts and informative because insights shared about learning the rules of the road are accurate to our startups experience. Via Jay
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SOT Startups Times
Martin (Marty) Smith's insight:
AI rules startup funding these days as Algorithmia shows.
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Meshing Explained In 3 Minutes
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Banksy Marketing Tips * Control is an illusion
What marketing tips has Banksy taught you? Share your ideas and we'll include your ideas in the post.
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Content Marketing Tips Examples Beauty Solves Half the Problem - Vogue.com
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Google Killing Apps
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Headphones Game Icons Design Contest
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Snapchat V Twitter To say Snapchat is eating Twitter's lunch may be a vast understatement. Twitter is awash in problems while Snapchat seems to be eating the world. 
Angela Heath's curator insight,
June 7, 2016 5:56 PM
OK baby boomers. Apparently we need to be into snapchat now. Oh boy. I thought that was only for my college-age son!
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We've started with core Racery functionality. Lots of potential upgrades envisioned to support virtual running challenges or cycling races.
Martin (Marty) Smith's insight:
Henry Copeland's Racery
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Medium's Read Time App and Scoop.it's Lean Content
But their side did say "many more", so we will save our 1,000 word six minute read content curation tools post for tomorrow. In the meantime, if you're not using Medium's read time app Readism and you use content to market online you're nuts.
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Beekeeper, the Switzerland and U.S.-based startup that provides a mobile-first communications platform for employers that need a better way to communicate.. |
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Innovate or Die In Money Too Loved this HBR intro: "Despite rapid innovations in data processing and machine learning, many businesses have yet to make the leap from the Industrial Age to the information age, and the gap between technological and organizational progress is widening. Closing this gap requires much more than short-term fixes, like adopting new technologies. Businesses need to organize around long-term strategies for growth and partnership in a sustainable way. The consequences for not doing so can be dire.
Eastman Kodak is the textbook case for failing to prioritize an innovation agenda; business schools around the world study the ramifications of the company’s ill-fated decision to ignore the digital photography market until it was too late. It’s far from the only case of a failure to embrace a more digital approach; the larger shift to digital is changing the way every industry operates. Some industries, like photography and media, were impacted earlier. Others, like financial services, are only now experiencing this change in earnest. The common thread in each instance is that a failure to recognize signals and prioritize innovation over short-term profits before it’s too late can have existential ramifications and cause negative ripples throughout broader capital markets."
Martin (Marty) Smith's insight:
HBR article shares many places startups are and will be changing finance and money.
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Kickstarter Redux Some of the most inventive projects in kickstarter history.
Martin (Marty) Smith's insight:
great review of most popular crowdfunding campaigns on Kickstarter.
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How Bad Ideas Become Good Ideas Haunting, miserable and heartbreaking failure is nothing anyone every thinks will happen to them. Yet, failure is a necessary step says this Inc process post every startup should read.
Martin (Marty) Smith's insight:
Haunting miserable failure is a necessary condition of good design. For every charmed life capable of creating winning design from the jump there are thousands that must fail first. The "Charmed" are clearly exceptions to the rule as this Inc post shares.
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IOT As Disruption
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Snapchat Spectacles
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Learning to keep calm and embrace the web marketing suck. Vine is dead and social media marketing is changing....again.
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Why Do Mean Fear Asking For Help
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Branding In A Revolution
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We Are All Software Makers Now I think Joi Ito's TED talk about NOWISM is correct and a tsunami trend few understand or address. Right after the NOWISM wave comes the, "We are all software creators" wave.
Software engineers speak a different language, think differently than left brain creatives (most marketing people are left brain creatives) and want to engineer the world.
The subtext of this well written and intelligently conceived post is find blue oceans or die. I'm mixing metaphors since the post doesn't contextualize using Kim's great Blue Ocean Strategies book, but the implication hangs in this post like a line separating winners from losers.
Farid Mheir's curator insight,
June 13, 2016 11:31 AM
An article that reminds us that software is everywhere and that all companies should focus on making this trend part of their strategic plan.
WHY IS THIS IMPORTANT? The article focusses on 2 key elements: timing and focus. These are essential as not all industry move at the same speed. Case in point: book sales and grocery. Probably two ends of the spectrum, book sales have moved to online early and in a big way. Grocery: not so much. Actually, not yet. Because we all know it is coming, we will buy our staple grocery cans from a website in the coming years. Question is when.
And when this happens, when customers are ready and retailers find a way to remain profitable even when they do more work, then it will become a game of choosing the right products at the right price. Same as today. But with a different distribution channel. Focus will remain being a great grocer, not a great technology company. Or will it?
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Foodie Help PLEASE
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What Is Content Gamification? "Content gamification, what is that?" Every Curagami customer asks that question. We stammer, twitch and try to explain content as a GAME. No one gets it.
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Netflix Misses and Guides Down - Marty Note
Netflix's content is getter better and will continue to do so. Good content becomes a self fullfilling prophecy. As the TV, the web and social networks merge Netflix is sitting right in the middle of a crowded street holding a GO / NO GO sign.
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Only 10 days left to apply for Triangle Startup Factory's (TSF's) Y-Combinator-like accelerator program. I HIGHLY recommend Chris Hievly and Dave Neal at TSF for any entrepreneur who wants to change the world.
http://trianglestartupfactory.com/
Why I Recommend TSF
I officially turned OLD on 1.1.13, my 55th birthday. I've learned a few things along the way. One lesson is some people GET IT while most do not.
In this context "get it" means more than being an expert about an area of business expertise. Getting it means you live life bounded by passion, love and connection more than money or its many pursuits. To a true entrepreneur, money is a TOOL to be used to build cool stuff.
Most of the really rich people I know, and 100% of the mega-successful entrepreneurs I've met and know, have a common approach to life. All mega-successful people are kind, generous and giving.
Successful entrepreneurs didn't make their millions and then become kind, generous and giving. They made their millions BECAUSE they are all of those things.
Chris Hievly and Dave Neal are brilliant entrepreneurs who make a living now helping others. KUDOS to Chris and Dave and kudos to you if you are smart enough to apply and win a place at TSF.
Marty