‘Entrepreneurship’ Archives

Offering Software at No Cost

April 5th, 2006be the first to comment

Paul Scrivens raises the question; “what would happen if all
the designers and developers in the [9rules] Network got together for a weekend
and copied the 37signals suite of products
and then we just released everything for free.”

No matter the industry there will always be copycats, but
how much of an impact can they have on established software? I don’t believe someone
can create all the products that 37signals has created, offer them at no cost,
and severely impact 37signals’ efforts. It’s not just about the software. It’s
about the people behind the software, the support they can offer, and the
resources they can lend to better your efforts in achieving your goals. 

I love the fact that we
operate in an environment where it’s possible for someone to create something
and offer it for free, but it’s important to remember that although we’re doing
business online people purchase from those they know and trust and will even
pay a premium to do so.

Facebook: Deal or No Deal?

March 29th, 2006be the first to comment

No Deal.

Word is spreading fast that Facebook turned down an
acquisition offer for $750 million because they’re holding out for $2 billion. Impressive
considering News Corp purchased MySpace for $580 million last July. The
question of whether they should have taken the $750 million offer is obviously impossible
for most of us to answer. Regardless, what a great PR move on their part.
Making it public that they turned down a $750 million offer and they’re holding
out for $2 billion certainly benefits Facebook, in terms of attracting more
subscribers and getting additional offers from possible acquirers. I would guess they have a number
closer to $1 billion in mind and are publicly claiming they are holding out
for $2 billion in hopes of meeting someplace in the middle, but who knows.

Getting Real by 37signals

March 23rd, 2006be the first to comment

I just completed the recent ebook from the guys at 37signals,
Getting Real: The smarter, faster, easier
way to build a web application
. I have followed these guys for quite some
time and use one of their products, Basecamp, to manage various projects for
IntelliContact. I love Basecamp, it is straight forward, simple to use, and contains
only the essential functionality (a theme present within all of their applications).
If you have followed 37signals you are aware of their mantra of keeping things
simple and providing less in terms of functionality. In Getting Real they continue to emphasize the importance of keeping
things simple and only including the necessary functionality within your web
application.

I love having all of their concepts in one place. Within
this ebook they cover everything from getting started to supporting your
software. One of the greatest points covered in this book and actually something
that we have begun practicing is the idea of Fix Time and Budget, Flex Scope. This means that if you are planning
to launch on June 1st, no matter what, launch something on June 1st.
Perhaps it isn’t the glamorous app that you are envisioning, but hey that can
come later. By stating that you are going to launch on a certain date, no
matter what, you are working within constraints and forcing yourself to
prioritize features and cut out the excess fluff. Also, as they put it “launching
something great that’s a little smaller in scope than what is planned is better
than launching something mediocre and full of holes because you had to hit some
magical time, budget, or scope window”.

At 177 pages Getting
Real
is packed full of best practices to help you launch and maintain your
web application. Obviously not all concepts will be applicable to your
situation, but I promise you will benefit greatly from reading Getting Real. Learn more about Getting Real and purchase your copy
here
.

IntelliContact Wins Silver Award

March 22nd, 20062 comments, add yours

Silveraward
Thanks to TopTenReviews.com for giving IntelliContact the Silver Award among email marketing software providers! You can read the review in its entirety here and also check out a side-by-side comparison among competitors.

Google’s Annual Report

March 20th, 20062 comments, add yours

For those of you interested, Google has released their annual report. Pretty impressive revenue growth over the last three years.

  • 2003: $1,465,934,000
  • 2004: $3,189,223,000
  • 2005: $6,138,560,000

 

37signals: Getting Real

March 4th, 2006be the first to comment

The guys at 37signals have just released a new book, available in pdf only, Getting Real: The smarter, faster, easier way to build a web application. In their own words:

"Getting Real details the business, design, programming, and marketing principles of 37signals. The book is packed with keep-it-simple insights, contrarian points of view, and unconventional approaches to software design. This is not a technical book or a design tutorial, it’s a book of ideas."

I purchased the book last week and I am about half way through. Based on my reading thus far, I can say this; If you are an entrepreneur looking to build a web application or you are currently a part of a team who has built a web application, this is a must read. Every portion of this book may not apply to your specific situation, but there are critical lessons to be learned and profound ways to think about building web applications.

I will provide a full review once I complete the book, so stay tuned!

IntelliContact Featured on Adotas.com

February 28th, 2006be the first to comment

Adotas featured a great article from our CEO, Ryan Allis. I
think you’ll enjoy this article as it provides wonderful insight on the ups and
downs of building Broadwick and launching and growing our software, IntelliContact. You can read
the article in its entirety here

Google has Purchased Measure Map from Adaptive Path

February 15th, 2006be the first to comment

Measuremap Adaptive Path announced yesterday they have sold Measure Map
to Google. Measure Map, a web analytics software for bloggers, is currently in
private beta and will continue its development under Google, with a number of
employees joining the team from Adaptive Path.

Measure Map’s website displays a number of screenshots from
the application and I have to say, it looks pretty slick. I think this is a
great idea; to develop an analytics software just for bloggers. While Google
Analytics is a wonderful application, I’d like to see how Measure Map stacks up.

I signed up for an invitation and I’m anxious to take
Measure Map for a test drive! I’ll be sure to share my thoughts with everyone.

Interview with Ben Casnocha; Founder of Comcate, Inc.

February 13th, 20062 comments, add yours

Comcatelogo_1

Name: Ben Casnocha

Age: 17

Company: Comcate, Inc.

Industry: Software

Location: San Francisco

Year Established: 2001

Number of Employees: ~6

Website: www.comcate.com

Blogs: blog.comcate.com  / ben.casnocha.com


Tell us a little about Comcate and the services you offer:

We deliver hosted software to local governments who are
looking to improve customer service and increase efficiency. For example, a
city government may purchase our software to manage all citizen requests and
inquires. A code enforcement department may purchase our Code Enforcement
software to manage all citations, deliver notices, and so forth.

What inspired you to start your own business:

I wanted to change things and have an impact. Starting a
business that solves problems in the world is one way to do this. Growing up in
the Valley during the dot-com boom certainly didn’t hurt, either. It’s never
been about money, though. It’s about starting something and changing lives.

What has been the greatest challenge in building Comcate:

Developing a scalable sales model. We are trying to blaze a
trail in how local governments procure technology by delivering our software
and services over the internet. By doing this, it keeps our costs low, keeps
our products affordable, and will allow us to scale our sales operation from a
few dozen customers to hundreds of customers.

What is the biggest mistake you’ve made while building
Comcate and what did you learn:

I’ve made too many mistakes to count. I wish I would have
better understood what it takes to do offshore software development right. The
first outsider we hired was a total disaster, and I played a big role in that
decision. I regret not focusing more on internet sales from the beginning. But
hey, we’re all going to make a ton of mistakes. It’s about how we respond to
them and mitigate their effects. That’s been a big lesson.

How was Comcate initially funded:

Friends and family round.

Are there any plans to raise venture capital:

Yes, assuming we hit certain milestones.

What do you believe are the key elements of a successful
entrepreneur:

There are thousands of different lists out there of key
attributes and how-to’s. There’s a top 10 for everything! The one thing I’ve
seen across all successful people in the world is that they have fire in the
belly. You can tell whether someone has this pretty early on. Do they wake up
excited to tackle the challenges of each day? Do they want to have an impact on
their friends, family, colleagues, and customers? Do they have that kind of
infectious energy and ceaseless curiosity for why things are one way and not
the other way?

Do you think it is easier or tougher building a company as a
young entrepreneur in Silicon Valley:

Silicon Valley is home to a lot of
hard working, experienced entrepreneurs, with a ton of intellectual capital in
Berkeley and Stanford. Since I founded a software company, it definitely was
easier. Starting something in any metro area helps since you are exposed to
such a wide range of people, ideas, and institutions.

Tell us a little about Comcate Foundation:

Give a little, get a lot back. I really believe that. I
believe getting passionate about some kind of social / philanthropic cause is,
again, an awesome way to have an impact. Marc Benioff pioneered a kind of
integrated corporate philanthropy in that his firm salesforce.com donates 1% of
their profits, equity, and employee time to the company foundation. I think
this makes a lot of sense from a business perspective, and of course from a
philanthropic perspective. Via the Comcate Foundation, I promote "life
entrepreneurship" to young people, which is essentially applying the
entrepreneurial mindset to everything. Thinking big, starting small. Asking
questions, not finding answers. Trying to change the world.

What advice would you give to someone who is thinking about
starting their own business:

My first advice would be to listen to someone who’s more
experienced and smarter than me. My second piece of advice would be to read,
and read, and read. There’s a book or article on everything imaginable. The
amount of information that’s accessible to someone starting something is
amazing. The resources are endless. You’ve gotta be a self-starter and find
those resources and acquire that knowledge. Then, surround yourself with people
more able than you, and go for it!

Communication is Key

January 10th, 2006be the first to comment

In August 2004 there were 5 of us and there were a little over 500 clients. Over the past 16 months we’ve gone from 500 clients to over 3700 and the number of employees has grown from 5 to 22. It has been very exciting and interesting to see how things have changed as we’ve grown over this time. Lately, the greatest challenge has been communication. When there was 5 of us this wasn’t much of an issue. Our office was only 700 square feet, so it wasn’t a great challenge to keep tabs on everything going on within the company, from support to development. Everyone could hear all support calls and would subsequently be aware of any issues as soon as they arise.

In January 2005 we moved into a new office space that was over 6000 square feet. This space would allow us to expand over time, to our current number of employees and into the future. As mentioned above, this creates a challenge; communication. We have to ensure that everyone is on the same page and all employees are working from the same, up-to-date information. For instance, in marketing I want to know, from our support department, any issues that our customers are experiencing to see if we could solve these by improving the website, user interface and/or simple communication. This is something that we have all been working on and setting up policies, procedures, and software applications to ensure the proper information gets to the right person in a timely manner. As we move forward I think this will be a greater challenge as departments will continue to expand and hierarchies will continue to grow. The foundation that we put in place in now will certainly help as we continue into the future. I think the lesson here is that even when you’re small you have to start thinking about and planning for these things as the organization grows. If your company has around 5 employees and you would like to continue growing, go ahead and start thinking and planning for communication flows within your company. Go ahead and put the tools in place whether a project management software, CRM application, etc. As you grow having these procedures and tools in place will allow you to establish this foundation early and “plug” new employees into your system as you bring them on board.