Just build a _____ profitable business! – David Heinemeier Hansson, This Week in Startups #46 (1:10:45) Reflection In the spirit of Agile, here’s my retrospective on when we realized the primary objective is to build a business & not to get funded. Inflating Our Own Bubble Back in June 2009, I read about the TechCrunch50 2009 contest & while we barely had any running code, submitted an entry. My collaborators thought it was a bit of a stretch, but we all agreed it’s nice to set goals. So while trying to get a grip on what was required of us, I immersed myself in TechCrunch stuff. From what I understood, there was a...
Can You Spot My Rees...
posted by stevenmilstein
#7. PRACTICE THE ART OF COLLISION The Reese’s Peanut Butter Cup is a metaphor for life. What seems completely new is often just an unexpected combination of the familiar but previously disconnected. This is Innovation 101, but too often we forget, and think the one asset we have is the...
Can You Spot My Rees...
posted by stevenmilstein
#7. PRACTICE THE ART OF COLLISION The Reese’s Peanut Butter Cup is a metaphor for life. What seems completely new is often just an unexpected combination of the familiar but previously disconnected. This is Innovation 101, but too often we forget, and think the one asset we have is the...
Why Our Widgets Whip...
posted by stevenmilstein
CPM: Cost per thousand impressions CPC: Cost per click-through CPA: cost-per-action Conversion Rate: The percentage of visitors who take a desired action Customer Acquisition Cost: The cost associated with acquiring a new customer – Internet Marketing Dictionary Searching for Search...
The Yin Yang of Tech...
posted by stevenmilstein
In Chinese philosophy, the concept of yin yang is used to describe how polar or seemingly contrary forces are interconnected and interdependent in the natural world, and how they give rise to each other in turn… Yin yang are complementary opposites within a greater whole. Everything has...