10 Thousand Users In The First Month
Learn how to get 10,000 users with no budget your products first 4 weeks with this guide full of first hand experience from Manoj Khani, a Graduate of the Los Angeles Founder Institute and the founder of the photo management app PhotoPanda.
This post has been co-authored with the Founder Institute. I wanted to share it with you here, as there are some great insights and powerful tools you can start using right away.
Launching your first product is an exciting and stressful time for every startup, as the initial success of a company’s offering often determines how well the product will do in the long run. And with the large number of overnight success stories out there, the pressure to release a hot product right out of the gate is higher than ever.
Luckily, if you’re getting ready to launch your product and want to learn how to get the most from your release, this guide can help you get started as it is filled with insights from someone who managed to attract over ten thousand users in just four weeks of launching their product - WITHOUT a marketing plan or budget. That someone is Manoj Khani, a Graduate of the Los Angeles Founder Institute and the founder of the photo management app PhotoPanda.
Like most first time entrepreneurs, when we first started building PhotoPanda, I only had a rough idea of how we were going to get in front of users, but not a tested Go To Market plan. We were busy building the product with a small team that consisted of a Designer, Developer, and a Product Manager, but not a marketer. Also, our assumptions about who our best users were, haven’t been validated in any statically significant environments. Yet, despite a lack of early planning and our decision to not invest in paid acquisition until we found out user lifetime value data; we were able to acquire over 10,000 passionate users within the first 4 weeks of launch.
So how did we grow 100x from our first one hundred beta testers while only spending <$100 and what did we learn?
1. Promote Your Company on Product Hunt
We asked one of our mentors to submit us to Product Hunt. Product Hunt is great for spreading the word among early adopters, especially if you have a consumer product. Its users will not only try your product, but also give you valuable feedback. Various tech journalists also frequent the site daily looking for new products to write about.
Here are a few points to keep in mind when promoting your product on Product Hunt:
- Apart from finding someone who has submission rights, you will need to make sure your product looks ready and delivers value. A rickety beta will cost you the opportunity inherent in the launch of a brand new product, as the site showcases new releases only.
- Also, you will need to make sure that when your product does go live on the site, you are 100% available to respond to all comments and feedback from its users.
- Being on time zone 12 hours ahead when PhotoPanda went live, my ability to not rapidly get back to the commenters limited the amount of upvotes we received.
2. Reach Out to Bloggers and Journalists
Product reviews by bloggers/journalists are a win-win, as it means they do the work for getting you in front of interested eyeballs and in return their users benefit from it. Getting a positive product review from a trusted author is far more effective than any sort of paid advertising to that user base. Bloggers know their readers and will write only when the product is relevant and useful to their readers.
Below are some tips to keep in mind to utilize bloggers and journalists to expand your user base:
- Reach out to as many writers as possible. We submitted PhotoPanda to the App Store, and immediately started reaching out to tech journalists and mommy bloggers. We had put together a contact list of 100+ journalists and reached out individually to all of them. I followed them on Twitter and started engaging with their posts.
- Don’t give up. Unless you have an existing relationship or the blogger wants to write about that space, the conversion is low here. So don’t get demoralized; it is still better than nothing! In the second week of doing this and leveraging the Product Hunt announcement, we got our first review published in AppAdvice. The online tech magazine has a significant audience and soon after, CultOfMac included us in their “Apps of the Week” section. These positive articles propelled us towards our first thousand users.
Go international. Seeing this traction domestically, we started reaching out to bloggers internationally in the United Kingdom, Japan, and Southeast Asia – places where we expected our core demography to be. After many translated emails (we used Gengo for professional translations), we received reviews in two major Japanese outlets techjo.jp, appps.jp, followed by stories in Indonesia and Hong Kong. This brought us our next several thousand users in a matter of days.
3. Submit to Product Review Sites
There are quite a few sites that will help you submit your new product to many technology websites at once. After trying a few, I ended up using StartupLister, which helped us submit to over 40 other websites like Mashable, The Verge etc., for $89 only. Not only did this save us valuable time in the race to get the word out, we also got accepted by many upcoming sites like BetaBound, Startup blink and Killer Startups, that we would not have otherwise known of.
A word of caution: Some sites will ask you to pay to publish your review faster. I would advise against this. The best reviews are ones in which the blogger/journalists loved your product or found it relevant and wanted to write about it to their users can benefit from it.
4. Boost Your Social Media Presence
Since PhotoPanda is in the photos space, Instagram was the obvious choice for social media. We were frustrated with the amount of effort it took to grow the audience, so we used an automation tool (Boostagram) to help us get up to a 1,000 new followers per month. This helped us gain a presence on social media and an early communication outlet for our users. However, converting social media to paying users is a separate challenge and the topic of another post.
In addition to Boostagram, check out the following tools to help you get the most out of your social media accounts:
- EveryPost enables you to curate your company’s visual content, schedule customized posts, and share content to all major social media platforms, including Facebook, Twitter, Google+, LinkedIn, Pinterest, and Tumblr.
- Bit.ly lets you shorten your url and tracks clicks to help you monitor how well your content is converting traffic to your website.
- Hootsuite, a social media management tool that lets you schedule and analyze your social media marketing campaigns.
- Crowd Booster optimizes your social media marketing decisions by automatically sending you analytics on a regular basis.
5. Promote Your Product on TV
The year prior to going completely digital, we had been on a Fox morning show on Cyber Monday. The audience of the morning show, airing in Santa Barbara, was not quite what we were targeting, so while it helped from a press perspective, it did not have any real impact on sales.
If you plan on promoting your product on a TV show, keep the following points in mind:
- Remember that appearing on television won’t guarantee a sudden surge in users, so make sure you’re targeting the right audience.
- The smaller and more localized the TV program, the smaller and more localized your audience will be.
- If you are able to promote your product on television, plan a major social media campaign before, during, and after your appearance.
- In the event that your TV show appearance does reach a wide audience, block off the next few days after the program airs to ensure you’re prepared for increased volume.
6. Hire a Growth Hacker
With the number of early stage startups ballooning, there is a surge of “growth” companies and growth hackers or social engineers. Most of these cost money and need several weeks or months before building any real traction. Prior to hiring such help, you will need to understand whether they specialize in the audience you are targeting and how exactly they will help.
In the Entrepreneur article, “The Entrepreneur's Guide to Hiring a Kickass Growth Hacker”, Neil Patel outlines several important tips to consider before bringing on a growth hacker. Here are a few of the highlights below:
- Remember that growth hacking is more of a mindset than a set of methods or skills, as it requires more creative thinking than technical methods.
- Look for a strategist rather than a technician. Growth hackers are less concerned with technical details than they are with the way in which the details work together.
- Don’t hire a growth hacker; instead look for a content marketer with a growth hacker mindset. “Growth Hacker” isn’t an official title, so hire someone with a mix of old and new strategies.
- Look for someone with experience, someone who has successfully hacked their way to growth at previous companies, as they will be better equipped to identify your needs.
Quick Takeaways
- Plan your “go-to market” before starting to build the product. Test it during development, and have an audience that can benefit from your product, ready to try your beta/MVP.
- Leverage third party tools to submit to as many early adopters sites as possible. Follow up at least a few times with the ones that are relevant to your product/vertical.
- Figure out the best social media channel and use automation tools to build your following faster and more effectively.
- Be hyperactive when interacting with early adopters and responding to their feedback, reviews, and comments to establish your credibility.
- Try free channels to validate your core users and product assumptions first before investing significantly in paid channels or hiring outside companies.
A lot of effort goes into building a good product. Almost similar effort, if not more is needed to get it out in front of the audience that will benefit from it the most. Trying multiple routes to understand and acquire these users before investing in paid channels is a scrappy way for refining your product quickly. It will also grease the wheels of any inherent viral components, setting you up for more organic growth and accelerated learnings.
David S. Rose Explains How The New Startup Crowdfunding Rules Affect You & His New Book The Startup Checklist
On this episode of Ambition Today David S. Rose explains his new book The Startup Checklist, how the new startup crowdfunding rules affect you & angel investing 101.
David Rose, The Startup Checklist
On this episode of Ambition Today David S. Rose explains his new book The Startup Checklist, how the new startup crowdfunding rules affect you & angel investing 101. A third generation serial entrepreneur, David's new book The Startup Checklist which is now a New York Times Bestseller. David is also the author of the Angel Investing: The Gust Guide to Making Money and Having Fun Investing in Startups, as well as the Founder and CEO at Gust.
A man of many titles: Entrepreneur, Angel Investor, Mentor, and Author; David has had an incredible career starting several businesses. Crain's New York Business has called David "the father of angel investing in New York".
Today we learn about how he got started as a founder, became an angel investor, and where he is now as an Author and CEO. We cover the basics of how angel investing in startups works and unpack what the new SEC crowdfunding rules actually mean for startups, your friends, your family and you. We also learn about:
How an Urban Affairs degree enhanced David's views on business.
Why he started Angel Investing.
How NY Angels was created.
How do you set the foundation for a great startup company.
Angel Investing 101.
What is an Accredited Investor.
How Title 3 of the JOBS Act impacts startups and you.
What the new SEC crowdfunding rules mean if your income or net worth is below $100k.
What the new SEC crowdfunding rules mean if your income or net worth is above $100k.
If a founder decides to fundraise from non-accredited civilians, what do they need to know?
What platforms are enabling crowdfunding right now?
How can you invest in startups now.
Ambition Today Question of the Day™:
Why does success matter in the first place? Why not just live a simple life in a fishing town?
Links from this episode:
Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…
Be sure to listen and subscribe to Ambition Today in the iTunes Store for iOS, on Google Play Music or Stitcher for Android.
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Founder Institute New York
FINY11 Graduates Founder Institute New York
Last week the Founder Institute New York graduated the Spring 2016 cohort with 12 promising new companies. The eleventh batch of the Founder Institute in New York includes companies from across several industries.
Founder Institute New York Spring 2016
Last week the Founder Institute New York graduated the Spring 2016 cohort with 12 promising new companies. The eleventh batch of the Founder Institute in New York includes companies from across several industries such as film, childhood education, real estate, fin-tech, retail, HR-tech, fashion and more. As always, I am very grateful for the incredible lessons, experience, and wisdom brought to each semester's graduates by our great mentors here in New York.
Founder Institute New York 11
Clapper - Streamlining communication and logistics for media productions.
GigSesh - Helping professionals make extra cash by connecting them to advice seekers.
Mindsprinkles - Sprinkling culture into your child’s screentime.
NvestN - Low cost robo-investing platform for the underserved market of investors.
PicketFencer - Find a hometown that fits.
Prix Fixed - Where planning is not the event.
Real Assembly - The future of real estate crowdfunding.
Skour - Mobile storefront for brick and mortar boutiques.
SquarePeg - Intelligent assessment based job matching for candidates and employers.
TeddyMozart - Let your memories transcend borders and time.
TellyVizion - Where artist's work and shows are compensated directly by the audience.
Ushu - Custom tailored shoes to your unique foot's shape.
Startup Of The Week: TeddyMozart
The Startup Of The Week I have selected for the week of May 30th is Teddy Mozart. The first smart toy dedicated to connecting families across the world to share love and inspire growth in young children through music.
I am starting a new blog segment called the "Startup Of The Week", or S.O.T.W.™ for short, where I plan to highlight some great startups. There are several startups working to make the world a better place and I want to tell you a little bit more about some of them.
The Startup Of The Week I have selected for the week of May 30th is TeddyMozart.
Company: TeddyMozart
Founder: Carlton Bennett, Founder & CEO
Headquarters: Brooklyn, New York Operating: Globally
One sentence pitch: The first smart toy dedicated to connecting families across the world to share love and inspire growth in young children through music.
In my words: The app technology and the plush bear that come together to make TeddyMozart, create a unique experience that allows a child and family member to feel connected in a fun, loving, engaging and playful way.
In their words: “Families can use the TeddyMozart app and easily record and store a family's traditional songs, lullabies and stories from anywhere and share it with young children from generation to generation, forever. Young children get to listen to these musical experiences through the comfort of a high quality TeddyMozart plush toy.”
Accomplishments:
Who is product for:
- Family members who believe in preserving their voice through memories.
- Parents who want to set the mood or inspire kids with a song.
- Busy parents who like to set playlists of songs unique to their child's daily routine.
- Family members wanting to provide a unique and memorable gift experience.
- Parents who want to provide a great companion for their kids.
How It Works:
If you want to learn more about the company or team behind this week's Startup Of The Week you can contact me here.
How Jeff Stewart Helps Loan Money To Strangers All Over The World With Lenddo
Lend an ear as we interview how NY Serial Entrepreneur Jeff Stewart founded numerous companies, including his most recent business, Lenddo.
Lend an ear as we interview how NY Serial Entrepreneur Jeff Stewart founded numerous companies, including his most recent business, Lenddo.
Jeff was a pioneer in the early days of the internet. He started Square Earth in the mid 90's and it eventually got acquired. His second company Mimeo was started in 1998 and is still operating today. Now he is the Founder and Chairman of Lenddo, which uses non-traditional data such as your social media profiles to provide credit scoring and verification to economically empower the emerging middle class around the world. To hear about the rest of Jeff's business ventures and life lessons be sure to check out the whole episode, including:
How Dale Carnegie's writing influenced Jeff's early years.
The advantages of understanding the technology within your products.
How Jeff watched the internet double in size in one day.
Jeff's experience guiding Mimeo through the financial dot com crash.
The parallels between the dot com crash and the 2015-2016 "tech bubble".
What is an Entrepreneur in Residence?
The power of having customers before you have a company.
The pains of being too early to market within an industry.
How do you verify a person's identity?
The importance of having the right team.
How to find the a great advisor!
Ambition Today Question of the Day™:
How important is being the right location to achieving one’s goals?
Links from this episode:
Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…
Be sure to listen and subscribe to Ambition Today in the iTunes Store for iOS, on Google Play Music or Stitcher for Android.
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Founder Institute New York
Remembering Today
Memorial Day Weekend has always held a special place in my heart. As a Volunteer Fireman in my hometown, for eight years I marched in the local Memorial Day Parade. At the end of the parade everyone would congregate for a Memorial Day service. We would pay tribute with a gun salute from the local Veterans Organization and a few words in memory of those in the service who have passed before us.
Memorial Day Weekend has always held a special place in my heart. As a Volunteer Fireman in my hometown, for eight years I marched in the local Memorial Day Parade. At the end of the parade everyone would congregate for a Memorial Day service. We would pay tribute with a gun salute from the local Veterans Organization and a few words in memory of those in the service who have passed before us.
And while Memorial Day itself was always a Monday the weekend around it was always more then that for me. The 30th of May was my Dad's birthday. Shortly after his, my brother's birthday followed. Memorial Day Weekend as long as I can remember meant spending time with my family as well as my brother's in Fire Department. I was always surrounded by family this weekend.
And so on this day I remember and thank those who served this country. And on his birthday I remember my Dad, who we also lost too soon. My thoughts and prayers are with everyone that has had to show resilience over the years and overcome the tragedy of losing a loved one. God Bless You & God Bless America.
Patrick McGinnis Tells You How To Be A 10% Entrepreneur And How He Coined The Meme F.O.M.O.
You are not going to want to miss out on this episode! Patrick McGinnis, Author of the 10% Entrepreneur joins Ambition Today for episode fifteen. We talk about the unique ways in which people can engage in entrepreneurship on the side, how to travel the world, and how Patrick coined the term F.O.M.O. (Fear of Missing Out) on the internet.
Patrick McGinnis, Author of the 10% Entrepreneur
You are not going to want to miss out on this episode! Patrick McGinnis, Author of the 10% Entrepreneur joins Ambition Today for episode fifteen. We talk about the unique ways in which people can engage in entrepreneurship on the side, how to travel the world, and how Patrick coined the term F.O.M.O. (Fear of Missing Out) on the internet. Patrick went from growing up in the small blue collar town of Sanford in Maine to visiting over 70 countries, investing in several companies with AIG Capital, co-founding his company Real Influence, and now publishing his book.
Leaving Maine, Patrick went to Georgetown for International Economics which eventually lead to an entire year being paid for to live in Argentina. After his time abroad he came back to work in Latin American investment banking on Wall Street in New York City. When his position was dissolved he then re-evaluated his role in finance and went on to Harvard Business School before joining AIG Capital. At AIG Capital Patrick focused on investing in early stage startup companies. He later founded, Real Influence, a company which enabled branded video partnerships for early Youtube stars. That experience taught Patrick the lessons he shares now in the 10% Entrepreneur. From Patrick’s life we also explore:
Overcoming the local hometown mentality when leaving your hometown.
The value of traveling the world and living abroad.
What to do when you find yourself in a life threatening situation.
How Patrick went from Wall Street analyst to Venture Capitalist.
The impact being at AIG during the 2008 financial crisis had on Patrick’s life.
What stress can do to the body long term when you let it build up.
Overcoming Turrets syndrome and what other people think.
Making the leap from investor to founder.
Selling something for the first time.
What does it mean to be a 10% Entrepreneur.
How partnering with people can expand yourself outside your comfort zone.
How do you get a book deal.
Coining the word term F.O.M.O. (Fear of Missing Out) on the internet.
Learning resilience at an early age.
Ambition Today Question of the Day:
What was the gold standard “norm of jobs” when you were growing up that your friends and family accepted as a good job to have, but you didn’t?
Links from this episode:
Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…
Be sure to listen and subscribe to Ambition Today in the iTunes Store for iOS, on Google Play Music or Stitcher for Android.
Listen to this episode now:
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FounderX Brings 42 Global Companies To Silicon Valley
This week is the Founder Institute's inaugural 'FounderX' event in Silicon Valley. 42 top up-and-coming FI Graduates from across the globe were invited to participate. Attending from Founder Institute New York are DADA, Easy Aerial, Mise en place and Ward eSports.
This week is the Founder Institute's inaugural 'FounderX' event in Silicon Valley. 42 top up-and-coming FI Graduates from across the globe were invited to participate. Attending from Founder Institute New York are DADA, Easy Aerial, Mise en place and Ward eSports.
FounderX was reserved for FI Graduates on the cusp of significant growth, providing them with valuable office hours and strategic assistance from Adeo Ressi (CEO of the Founder Institute) and other top startup mentors, access to the exclusive FounderX event, and a VC roadshow to visit top Silicon Valley investors; such as Sequoia Capital, FLOODGATE, Venrock, Shasta Ventures, Bessemer Venture Partners, Mohr Davidow, True Ventures, Founders Fund, Altos Ventures, Khosla Ventures, and 500 Startups.
FounderX is a private gathering of the FI Network in Silicon Valley that will bring together some of the biggest industry leaders from around the world. This 3-day long event from May 4 - 6, 2016 will feature a series of networking events, workshops, and formal dinners for top members from FI’s global network, including startup CEOs, technology executives, and Directors.
Below were the "up-and-coming" FI Graduate companies selected to the program.
- Aomm.tv & Founder Maria Cebrian (Madrid Founder Institute): Aomm.tv is the leading Spanish-speaking yoga and pilates online platform, offering a growing catalog of 500+ customizable classes shot in HD video and taught by top teachers from all over the world. The company already has 6,000+ active subscribers.
- Asegurate Facil & Founder Juan Ayala (Bogota Founder Institute): Asegurate Facile is an online insurance broker for Spanish-speaking markets, with products spanning auto, travel, and more. The company also has over 5,000 customers.
- Ask PAM & Founder Pamela Alfred (Montreal Founder Institute): Ask PAM is a web-based productivity & management tool for the modern-day Concierge. The company is already working with several five-star hotels, and top tourism and event organizations in their limited trial.
- Auto Force & Founder Ben Lin (Silicon Valley Founder Institute): Auto Force is used-car marketplace that has already facilitated several hundred car sales, and is generating signficant revenue.
- Azestfor & Founder Siobhan Oldham (Los Angeles Founder Institute): Azestfor produces canine nutritional supplements, with the ultimate mission of helping dogs lead longer and healthier lives. The company's online sales are growing very quickly, and it also have several high-end pet boutiques as customers.
- Bandwagon & Founders Harold Hughes & Susan Donkers (Greenville Founder Institute): Bandwagon is an online fan community and ticket marketplace that helps fans optimize their game day experience. The company is securing inventory and growing sales significantly.
- DADA & Founder Beatriz Ramos (New York Founder Institute): DADA is a 'Facebook for Artists' - a social platform where people speak to each other through drawings. The company already has nearly 150,000 users.
- Daylighted & Founder Alex Cammarano (San Francisco Founder Institute): Daylighted brings art to places where people go through interactive art galleries. The company works with top hotel chains like Sofitel and Joie de Vivre, and has been posting triple digit QoQ growth.
- Easy Aerial & Founder Ivan Stamatovski (New York Founder Institute): Easy Aerial provides infrastructure inspection services to utility companies using drone deployment technology, saving customers time and money. The company has raised funding and received top media.
- Energyly (Vidabest) & Founder Dayal Nathan (Bangalore Founder Institute): Energyly is developing a blended hardware-software energy analytics product to help small and medium-sized businesses reduce their energy consumption. The company has already signed on 20+ B2B customers to date.
- Find Bob & Founder Roland Chan (Toronto Founder Institute): The Find Bob platform makes it easy to internally transition financial practices so firms can protect & grow their most precious asset: their Book of Business. The company has already signed on 500+ customers, including the largest general agent in Canada.
- Flystro & Founder Bassam Rhou (Montreal Founder Institute): Flystro is an online marketplace connecting drone pilots to clients needing drone filming services. The company has already recruited a significant number of top drone pilots, and starting to generate revenue through bookings.
- Genial.ly & Founder Juan Rubio Lopez (Cordoba, Spain Founder Institute): Genial.ly is an interactive content creation software to create images, presentations, infographics and more with interactive effects and animation. The company already has 85,000+ users from 150+ countries.
- Hava.io & Founder James Martelletti (Melbourne Founder Institute): Hava is a platform that creates automated cloud diagrams with two clicks, helping to reduce waste in cloud IT systems. The company has 1000+ users and recently secured a $500,000 seed round.
- Indigo Drones & Founder Sergio Ballester (San Jose, Costa Rica Founder Institute): Indigo Drones is a company that utilizes aerial drones for imagery, remote data monitoring, and management of crops. The company has already signed three contracts with pineapple, banana and coffee producers.
- KangarooHealth & Founder Xiaoxu Kang (San Francisco Founder Institute): KangarooHealth creates cloud software platforms for orthopedic physicians to track patients' outcomes and improve their bottom line. The company already has paying customers and was selected as a top digital health start-up by the Johnson & Johnson Healthcare Innovation Program.
- Kangarootime & Founder Scott Wayman (Los Angeles Founder Institute): Kangarootime automates the child care business, the class room and connecting childcare professionals with the families they serve. The company already has secured many customers and is booking six figure monthly recurring revenues.
- MakerBloks & Founder Francois Poirier (Montreal Founder Institute): MakerBloks are electronic building blocks that teach kids basic STEM concepts, complemented by an app that links the blocks to interactive stories. The company has won several competitions, has signed LOIs with top retailers, and is about to surpass $100,000 in pre-sales.
- Maven & Founder Alissa Cronau (Sydney Founder Institute): Maven is an app to help artists promote their music on streaming services, through building a curator network that will offer artists targeted databases and allow fans to receive more music to suit their taste. The company is bootstrapping and growing very quickly.
- Mise en place & Founder Vicente DyReyes (New York Founder Institute): Mise en place brings people back around the dinner table through fully prepped recipes and same-day delivery. The company has already raised funding and established on-brand partnerships with Athleta, Sir Kensington's, lululemon and Martha Stewart's American Made.
- NUKERN & Founder Philippe Rivard (Montreal Founder Institute): Nukern is a full software solution that helps customers set their web hosting business on autopilot. The company recently launched a very popular open beta, and is growing very quickly.
- deLaGuayaba & Founder Eric de La Goublaye de Menorval (Costa Rica Founder Institute): deLaGuayaba offers a Predictive Project Management Software as a Service to reduce operation costs and cycle time. After completing a successful pilot program, new companies are joining OASIS platform at an impressive rate.
- OnContracting & Founder Pradeep Chauhan (Seattle Founder Institute): OnContracting is the top global platform for finding vetted local professionals for onsite contract jobs at major corporations. The company is nearing $1MM in billing for for contractors placed at top companies like Microsoft, Google and Apple.
- Partfiniti & Founder Geoff Laycock (Washington DC Founder Institute): Partfiniti makes the process of creating and pricing a bill of materials not suck. The company already has thousands of users and is booking six figure revenues.
- Peerfunder & Founder Jonathan Lam (Toronto Founder Institute): Peerfunder is a peer-to-peer revenue-based lending marketplace focused exclusively on helping main street businesses finance their growth and expansion. The company has secured significant funding, and has also secured over $300,000 in committed capital to fund Peerfunder loans.
- ProfHire & Founder Lesa Hammond (Silicon Valley Founder Institute): ProfHire is a web platform that connects colleges and universities with vetted scholars and industry professionals for part-time faculty positions. The company is already working with 8 top universities across California, with thousands of professionals on the platform.
- RentHunt & Founder Pierre Sabbagh (Montreal Founder Institute): RentHunt is a matching platform that helps landlords find their perfect tenant. The company is growing quickly, and recently secured a partnership to facilitate the management of over 45,000 rental units.
- Rever & Founder Errette Dunn (Silicon Valley Founder Institute): Rever is a Frontline Innovation platform that helps companies engage their non-office workers in daily improvement through mobile technology and Machine Learning. The company has secured funding and is currently engaged in a pilot with Tesla.
- RushTix & Founder Jill Bourque (Silicon Valley Founder Institute): RushTix is the first unlimited pass to local arts and culture. The company was accepted to the LAUNCH Incubator, and has already signed up large companies like Salesforce for their perks program.
- Shapetrace & Founder Ernest Yap (Toronto Founder Institute): Shapetrace develops AR/VR software for construction teams that enables same-day error detection and reduce re-work costs. The company already has active pilot projects with two of Canada's largest transportation projects, and more.
- Skinnyprice & Founder Daniel McGuire (Silicon Valley Founder Institute): Skinnyprice makes marketing technology for retailers that improves engagement by taking the traditional sale and turning it into a game for discounts. Skinnyprice recently landed a deal with a $200 million dollar per year furniture retailer to power their sales platform.
- Stample & Founder Edward Silhol (Paris Founder Institute): Stample creates technology to facilitate knowledge curation for teams, allowing you collect, capitalizee and publish collaboratively. The company's is already showing 3 figure month over month growth rates.
- Swaple & Founder Bridget Farmer (Sydney Founder Institute): Swaple is a new payment platform for the sharing economy that lets Entrepreneurs swap services with each other instead of using cash. The company is quickly signing up users for their paid subscription service.
- tForm & Founder Benjamin Moore (Greenville Founder Institute): tForm has developed quick responding custom thermoformed packaging to help manufacturing companies solve the problems of poor quality, slow delivery, and high prices. The company has already quoted over $2MM of product with a win rate of 10%.
- theTravelPorter & Founder Katia Mavrikou (Athens Founder Institute): theTravelPorter is a marketplace for extraordinary tours and activities. The company is already generating sales, and is signing key partnerships in the travel industry.
- Touch'd & Founder Mohammad Mansoor (Islamabad Founder Institute): Touch'd is a personal relationship manager that learns from your interactions over calls, text, WhatsApp, Email, social meda, and gives timely touch-base reminders. Their successful beta launch is helping them generate 100% MoM growth.
- Upfluence & Founder Kevin Creusy (Silicon Valley Founder Institute): Upfluence develops algorithms and software to scale influencer marketing. The company booked seven figures in 2015, and is growing at a rate of over 650% QoQ.
- Ward eSports & Founder Jose Lincuna (New York Founder Institute): Ward eSports is a mobile app connecting global eSports fans with their local gaming communities. The company has already secured key partnerships with over 20 major event organizers, and there are 60 tournaments already live on the platform.
- WealthTab & Founder Mike Blicker (Montreal Founder Institute): WealthTab is an integrated, white-labeled platform for financial professionals and their clients. The company is currently in private beta and is signing up financial professionals at an impressive rate.
- Whizmeal & Founder Droston Tang (Singapore Founder Institute): Whizmeal is an app helping parents pre-order better, affordable school meals to help curb childhood obesity. The company received an official letter of support from Health Promotion Center, the Ministry of Health, and Brunei Darussalam to have the app implemented in private schools.
- XBand Sports & Founder Jose Doval (San Diego Founder Institute): XBand Sports creates intuitive, easy to use training aides that are designed to give coaches and athletes deeper insight into their form through shareable, automated video clips and data. The company is already generating sales and acquiring significant strategic endorsements.
- Yo Viajo & Founder Dagoberto Medina (Costa Rica Founder Institute): Yo Viajo is an app that provides accurate and intelligent information to users of public transportation in Costa Rica. The company is currently cultivating a close relationship with Costa Rica's goverment.
Live Video + NYC = Geoff Golberg
Yesterday I caught up with Geoff Golberg, NYC's live video expert. If you have been following me for more than a year now you know I love how live video is changing the world. Geoff loves it too.
Yesterday I caught up with Geoff Golberg, NYC's live video expert. If you have been following me for more than a year now you know I love how live video is changing the world. Geoff loves it too. So much so that his work with live video over the last year got him nominated as Periscoper of the Year at the Shorty Awards right alongside other popular Scopers such as Gary Vaynerchuk, Tom Green and more.
So yesterday after some coffee and lunch we hit the streets of New York City armed with our smartphones and some live streaming apps in search of some great content to stream live. After all;
"Content Is King" - Bill Gates
And content is also now fleeting. Both Periscope and Snapchat disappear after 24 hours. So before it is gone, go right now and quickly watch what we were up too around New York City. Here are the links to our profiles on the following social networks:
Geoff's:
Kevin's:
I wanted to share some of the insightful takeaways from hanging our afternoon of live video streaming. First off as mentioned, content is actually king. Unlike other forms of media, with live video streaming the content has to be happening right now for you to film it and broadcast it simultaneously. You can't record it and edit later. Luckily living in NYC means that finding live content is not much of an issue. Second, a strong cell signal and wifi are a must! Before going live, it was important to take a moment and ensure that you had a strong data connection. If you don't then your audience quickly loses interest and leaves your pixilated low quality stream. Without strong data you mine as well go home. Lastly, you need to post a lot! Posting once and awhile is not enough to build an actual audience.
I was impressed to see the community that Geoff had build and how engaged his followers were once he went live on Periscope or he Snapchatted to his story. I can't wait to see how the evolution of live video continues in 2016 or how Geoff further explores it with his audiences.
Everyday Is Donors Choose Best School Day
Last month you may have heard about "Best School Day" courtesy of Stephen Colbert and some other very generous individuals. Several successful people around the United States secretly flash funded every Donors Choose campaign in their home cities, totaling over $14 million in donations in one day.
Last month you may have heard about "Best School Day" courtesy of Stephen Colbert and some other very generous individuals. Several successful people around the United States secretly flash funded every Donors Choose campaign in their home cities, totaling over $14 million in donations in one day.
If you are not familiar with Donors Choose, it is a crowd funding education platform that connects teachers in high-need communities with donors who want to help. It is a great platform and it has impacted classrooms all over the country. I have seen it's effect personally before through the hard and impressive work of Colleen, or Ms. M as her students call her. While Best School Day may be over there is still plenty of good to be done, so I wanted to highlight one Donors Choose campaign that I am supporting right now.
"Budding Artists Need Art Supplies & Literacy Resources!" is a current Donors Choose campaign by Ms. M at P.S. 172 Elementary School in Brooklyn which will help over 450 Arts Students. Specifically, the students need art cards to support literacy, an artist DVD, papers, paints, a light box, glue tubes, and texture rollers to carry out art lessons throughout all elementary grades. To support these arts students, just learn more about Ms. M's work at P.S. 172, or to get involved with any other project on Donors Choose you can click here. I know the students will appreciate it!
2016 Startup Funding Trends With Adeo Ressi
In 2015 it was all the rage to be a "unicorn", a startup company with a billion dollar valuation. Since then the supposed "startup and tech bubble" has popped and the gold rush is over. But what is really happening with the markets?
Adeo Ressi at Valley in Berlin 2016
In 2015 it was all the rage to be a "unicorn", a startup company with a billion dollar valuation. Since then the supposed "startup and tech bubble" has popped and the gold rush is over. But what is really happening with the markets?
Alex Konrad recently gave us some insight on Ambition Today and now today we have a more in-depth explanation of what is happening from Adeo Ressi, the founder of the Founder Institute. Last month Adeo was in Germany for the "Valley in Berlin Summit" and keynoted a talk around the 2016 Startup Funding Trends we are currently seeing. If you are thinking about fundraising, have a startup, or plan on starting your own company you are going to want to watch the keynote below.
Your Heart Rate At Gunpoint
It’s a beautiful evening, albeit a little cold. I’m heading home after a long day. I’m walking down a familiar street. I feel safe, I feel happy. Two guys are walking in my direction. Nothing unusual about them. As we are about to pass each other...
Recently my friend Aleksandar Vukasinovic, Founder of Emozia, was robbed at gunpoint while walking home from work. Luckily, I can confirm Aleks is alright. Also, it turns out that during the encounter he was wearing some wearable technology. I felt there are some profound lessons about technology and the meaningfulness of life in his story, so I wanted to make sure I share it with you. Here is Alek's story in his own words:
Aleksandar Vukasinovic Heart Rate
It’s a beautiful evening, albeit a little cold. I’m heading home after a long day. I’m walking down a familiar street. I feel safe, I feel happy.
Two guys are walking in my direction. Nothing unusual about them.
As we are about to pass each other, one of them bumbs into me. He grabs my hand and shoves a gun into my rib. He instructs me not to speak or move. His accomplice covers my other side. I am cornered.
My first thought is “Is this seriously happening to me?” I look down at the gun — yes, yes it is. “Should I run, should I fight, should I scream?” I though. In a split second, I decide to fully cooperate. I don’t want to get shot.
They showed me into an ally off the main street. There is no one around. No one can see us.
And then it really hit me: they could kill me right there. No one would see. No one would know what happened. My fear turned into horror. What was I going to die for? I want to experience life, I want to help people, build companies, have a family. I was going to be denied that, for what? Because of what? I felt pure horror as I realized that my time to experience life and use my skills to build a better world might be up.
The guys told me to empty my pockets. They instructed me to unlock my phone and other personal accounts. I did everything they asked me to do. They backed away with my belongings pointing the gun at me. The guy with the gun told me to stay put and then they ran and disappeared form sight.
A few days later, once the ordeal was over and I was able to process what had happened, I began analyzing wearable sensor data form the event. Unbeknown to the perpetrators, I study wearable and mobile sensor data as part of my work. Luckily, I had a bunch of wearables on me that I was testing that day. One of them captured my heart rate through the ordeal.
My usual resting heart rate is 58bpm. My heart rate right before the confrontation was 80bpm. When the perpetrator pushed the gun into my ribs, my heart rate spiked to 130 bpm. When I began thinking about my death, my heart rate rose to 164bpm. When they took my belongings and started backing away, my heart rate decreased to 118bpm.
I found the data fascinating. To me, it suggested that the most stressful part of the ordeal was not getting assaulted or seeing a gun. The most stressful part was realizing that I was out of time to live through the experiences I wanted to have and to make the contributions I wanted to to my family and community.
The more I thought about the heart rate variations and the thoughts that went though my head about my mortality, the more I looked at the experience as a blessing in disguise. I kind of got to experience how I would feel before I am about to die practically at the start of my life. And I don’t want to feel that I didn’t experience everything I wanted to, that I didn’t contribute everything I could, that I didn’t leave the world a better place than I found it.
The event drastically changed my outlook on life. It motivated me to doubly pursue my goals, to mold my life into what I want it to become and fight for what I believe is right. In a weird way, I not only forgive the perpetrators but also feel thankful for the perspective that I got from the experience.
If you want to find out why I had the wearables on me — check out emozia. I hope that sharing this experience inspires you to live your life in a way that makes you and others smile!
I Deleted Every App On My Phone
Every app on my phone I have ever had is gone. And I think I am happy about it.
I and everyone around me knows I have too many apps on my phone. Years of testing apps from various startups and services combined with the never leave an app behind again "iCloud Backup" meant that unless I deleted an app manually, it never went away. Then something happened. Apparently somewhere hidden in my iCloud backup was a glitch according the Genius's at Apple. I was told the only way to not have it affect my phone anymore was to erase my phone and start from scratch. So that is what I did.
I have been thinking about doing this for years after reading a few blog posts from others before me. I was attracted to how freeing I heard it could be. Also, I clean my home all the time and it felt about time I did the same for my digital world too.
So currently, I am only re-downloading the apps that matter to me. In the process I will be saying goodbye to several apps. Those of note worthy in both categroies I will mention here. I thought it would be interesting to share which apps are worth keeping in 2016. So without further ado:
Apps I Am Keeping:
Dark Sky - Best weather app there is.
Apple Podcasts - Can't delete but its back on the home screen so Ambition Today is always close!
Audible - I listen to a lot of books.
Slack - Immediate access for those close to me and on my teams who know my email inbox can get a bit backed up.
Todoist - the life saver of to-do list apps.
Google Maps - Obviously. I tried Apple maps recently in NYC and it took me to the wrong place by about 20 blocks. I was late for that meeting...
Google Inbox - My lifeline. My go to-email app. If you know a better one you swear by then let me know in the comments.
Google App - I look up a lot of things. I'm curious, what can I say.
Google Drive - Are you seeing a theme here?
Twitter - The best social network there is currently.
Snapchat - The best up and coming social network. If you need further proof of that, my Mom joined recently. Really loving Snapchat lately.
Instagram - Just because.
Nuzzel - I love Nuzzel! It has become the first news app I click each day.
Yahoo News Digest - When I want to know whats happening in the world outside my immediate industry and networks.
Fitbit - because health.
Bitmoji - because fun with friends.
Giphy - because hilarious with friends.
Esper - Great platform to track my time and work.
Robinhood - Why is anyone still paying Scottrade $7 to buy and another $7 to sell?
Youtube - Loving the content on Youtube recently.
The Herd Report - You have to have your own app. Plus the Sabres have Eichel now.
Ward eSports - Best new eSports app for fans there is.
Timehop - Who doesn't love some personal nostalgia from time to time.
Buffer - Best app for sharing content across multiple channels. Works with Nuzzel to easily share article I like.
Venmo - Use it constantly with friends and family.
Acorns - I didn't want to re-download but it is mobile only so I kind of had to.
Uber- I live in New York City. Enough said on this one.
Apps I Am Saying Goodbye To:
Facebook - I turned off badge and push notifications a few weeks ago. Not even going to put it back on my phone this time. I will check in on my laptop when I feel like it.
Google Chrome - It's just not "that" much better then safari. Don't need it and will give Safari one more chance.
LinkedIn - Very, very little value comes out of this app that isn't more easily found other places.
Reddit - Nuzzel has replaced it.
Periscope - I broadcast from time to time, but I haven't consumed anything of note recently.
Medium - The best medium posts surface inside Nuzzel. And Medium has been sending way to many push notifications recently anyway.
Vine - I recently went viral on vine, but still do not think enough people are using it day to day. I never open it.
Skype - Will probably have to re-download but don't want to.
Whatsapp - I talk to these friends on iMessage or Facebook Messenger now.
Facebook Messenger - Will probably have to re-download but don't want to.
Many, many more - I didn't even re-download any apps from screen 3 or 4 of my phone.
These are the apps I have downloaded while setting my phone back up and the ones that I didn't bring back. I am sure I will have to re-download more apps as I realize I need them and I will do that when the time comes. In the meantime though I feel freed. Most importantly I am excited to see how my phones battery life improves.
Before and After: Home Screen
Before and After: Screen 2
Ambition Today: Adam Besvinick Teaches The Art of Hustle and How To Break Into Your Dream Role
Venture Capitalist Adam Besvinick explains the value of pure hustle in pursuing his dreams of breaking into the Startup and Venture Capital industry. Recently named to the Forbes 30 Under 30, Adam has invested in several startup companies as Principal at Deep Fork Capital.
Adam Besvinick, Principal VENTURE CAPITALIST aT Deep Fork Capital
Venture Capitalist Adam Besvinick explains the value of pure hustle in pursuing his dreams of breaking into the Startup and Venture Capital industry. Recently named to the Forbes 30 Under 30, Adam has invested in several startup companies as Principal at Deep Fork Capital.
In episode 14 we explore where Adam came from and how that connects to where he is now. Adam started blogging on VentureMinded.Me years ago and created his own track record through taking ownership of his brand. He has always strived to be continually helpful and add value to others. Through that hustle he previously worked his way into a role at Lowercase Capital to learn from Chris Sacca. Afterword Adam was one of the early employees at Gumroad while going to Harvard Business School. Now Adam is Principal at Deep Fork Capital and has invested in several companies across the country, with a focus on New York City and Silicon Valley. We go over what he looks for in great startups, how he used self-marketing to break into venture capital, and also cover:
The influences of growing up around entrepreneurship.
The value of experiencing life abroad.
How to demonstrate your expertise in a given field.
Why self-marketing is important.
How Twitter can create real world connections.
How constantly being helpful to others, leads to opportunity.
His experience at Duke and Harvard.
The differences between Silicon Valley and New York City.
How being an Investor in New York City is beneficial.
What Adam looks for in startups today.
Exploring some of the Deep Fork Capital portfolio companies.
Ambition Today Question of the Day:
How important is networking?
Links from this episode:
Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…
Be sure to listen and subscribe to Ambition Today in the iTunes Store for iOS and on Stitcher for Android.
Listen to this episode now:
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Ambition Today Is Now On Product Hunt
Ambition Today is on Product Hunt today! The latest episode of Ambition Today #13 is being featured on the podcast section of the website. Thanks to the incredible support of you and other listeners of the show we can make sure Ambition Today rises to the top as the best podcast of the day. If you have a moment visit Episode thirteens page on Product Hunt here.
Ambition Today is on Product Hunt today! The latest episode of Ambition Today #13 is being featured on the podcast section of the website. Thanks to the incredible support of you and other listeners of the show we can make sure Ambition Today rises to the top as the best podcast of the day. If you have a moment visit Episode thirteens page on Product Hunt here. Take a listen if you haven't already and if you like the episode please support it with a simple up-vote. This is a great episode with Alex Konrad of Forbes joining the show.
Product Hunt is a curation of the best new products, every day. Letting you discover the latest mobile apps, websites, and technology products that everyone's talking about. To check out all the episodes of Ambition Today that are on Product Hunt there is a collection to make it very simple. You can check out the collection here. Thank you again for your constant support of Ambition Today.
Major Key Alert: Add Krsiskar On Snapchat
If you have been paying attention to the pathway to more success then you know Snapchat is a Major 🔑Key . According to the 5 minute mini documentary video above, DJ Khaled is now getting between 3-4 million views per every single 10-second snap he sends out.
If you have been paying attention to the "pathway to more success" then you know Snapchat is a now a Major 🔑Key in the world of social networks. According to the 5 minute mini documentary video above, DJ Khaled (djkhaled305 on snapchat) is now getting between 3-4 million views per every single 10-second snap he sends out. That is two times as many views as a normal episode of Keeping up with the Kardashians, proving that snapchat is no longer just for sending pictures of food to your friends.
With that I have decided to open up my Snapchat to the public. You can now get more of New York City and Startups by adding "krsiskar" on Snapchat. I'll make it even simpler for you. You can click the button below on your mobile device to add me on Snapchat with one click. And below that is also my Snapcode which you can screenshot and add me by as well. Lastly, if you know any other interesting snapchat accounts that are must adds, go on Snapchat and send me a snap telling me who else I should be checking out!
Follow Kevin Siskar on Snapchat
How Ideas And Things Spread
Last week someone told me to listen to a new episode from the Ted Radio Hour podcast called "How Things Spread". Cognitive Neuroscientist Sophie Scott, marketing genius Seth Godin, President Bill Clinton, and more weigh in on the various ways ideas and things spread throughout the world.
Last week someone told me to listen to a new episode from the Ted Radio Hour podcast called "How Things Spread". After listening to Cognitive Neuroscientist Sophie Scott, marketing genius Seth Godin, President Bill Clinton, and more weigh in on the various ways ideas and things spread throughout the world I felt it was worth sharing it was so interesting. By looking at how laughter, viruses, products, death, and the human species itself has spread throughout the world you can start to see the profound and hidden ways all humans are connected. At the basis of all economic, religion, or political systems you will find a powerful and convincing story that enables flexible cooperation of humans beings in large numbers. Tapping into that understanding with your own life and business can be a powerful tool to have. Here is the link to check out "How Things Spread":
Moving To New York City
New York City. The Big Apple. The Nexus of the Universe. Whatever you call it, it is one of the most unique places on earth and 8.4 Million people call it home. Many of those people moved here from other places in order to pursue their dream. New York City is the promise land of opportunity in the United States. However, moving to New York City is hard.
New York City. The Big Apple. The Nexus of the Universe. Whatever you call it, it is one of the most unique places on earth and 8.4 Million people call it home. Many of those people moved here from other places in order to pursue their dream. New York City is the promise land of opportunity in the United States. Moving here however is no easy task. Getting a job in New York City without living here makes it next to impossible to get called in for an interview and securing an apartment in the cities crazy real estate market is a whole new world within itself. The city is expensive, the city is unforgiving, and the city is challenging.
While living in Buffalo I knew that I wanted to move to New York City and that I wanted to get involved with startups there. I applied to jobs for months before actually moving to New York City. The call's I got back for an interview were to come into the office in a day or two, but I was still 600 miles away in Buffalo. I needed to be closer if I was going to make any progress. I flew to New York City on a day in July with Colleen to try and get us an apartment, but we quickly learned we couldn't get approved in a nice building without a job. After viewing a dozen apartments with a broker we finally got approved by a building. We were quickly educated that being as this was July, where apartments can come on the market in the morning and be immediately off the market after lunch we had to decide fast if we wanted an apartment or not. We took it; real estate broker fee, deposit and all.
A month later we moved to New York City. After struggling just to get into the city I still had to find a job though. I ran out of money shortly after moving to New York City and ended up having to sell my car, which I had payed off while working bartending jobs during college. That only bought me a few more months of runway though. So I took a bartending job that I was able to get through a friend of a friend in Buffalo who happened to do some business in New York City (See Buffalo really is the "The City of Good Neighbors"). The bartending job was part time and still wasn't enough. Again, I was slightly better off than before but not by much. So I took a second job freelancing and working remotely online in the early mornings, writing for a tech website. I was still applying to potential full time jobs and taking interviews in my spare time. The cycle became that I would work bright an early in the morning, then apply to jobs and interview during the day, and finally bartend at night. Repeat. Repeat. Repeat.
I remember distinctly getting down to $20 in my bank account at this time while I would be waiting for my next paycheck to come in from either of the jobs. I was very close to having to move back to Buffalo. After months of this I finally got a full time job offer out of one of the interviews. I still remember being out to lunch. Colleen and I had company in town visiting us. We were talking about how life in New York has been treating us so far while eating cheeseburgers and I got a phone call. It was my future boss saying that the company would love to hire me and asked when I could start. It was an entry level job but it was enough that I could break even, pay my full rent, student loans, and live in New York City. Since that day, there have been hardships and challenges of course, but I am here. I live in New York City. Casey Neistat last year told a very similar story of his struggle in moving to New York City. How moving here can eat you alive and strip you of all your resources in the process. That even just getting set up to live in New York City is one of the greatest challenges people face.
He explains at the end of the video how it has all been worth it though. How for him the opportunity has out weighed the tremendous cost of moving to New York City in the first place. I have to agree. The opportunities the city has afforded me since then have been tremendous. I get to experience new products, stores, movies, foods, services, and crazes in New York City long before people in other parts of the country. So many experiences. I am always surrounded by ambitious and motivated people here. I feel privileged and love what I get to do now with startups. It was not easy though. So as you can see there is a reason Sinatra once said if you can make it here, you can make it anywhere.
Ambition Today: Alex Konrad of Forbes on Harvard, Media, and Startup Venture Capital
Episode 13 comes to you from New York Offices of Forbes as we are joined by Alex Konrad. Alex is a staff writer at Forbes covering venture capital, startups and enterprise tech.
Episode 13 comes to you from New York Offices of Forbes as we are joined by Alex Konrad. Alex is a staff writer at Forbes covering venture capital, startups and enterprise tech.
Aside from our discussion around Kanye West's recent discovery of Twitter we explore Alex's journey to now. Alex grew up in New York City, then went on to write at the Harvard Crimson before working at Fortune. Alex now is a staff writer at Forbes and also works on the Forbes Midas List, ranking the top Venture Capitalists of the past year, and the Forbes 30 Under 30, highlighting up and coming creative and business people. Today we talk about Harvard, the future of media, startups and venture capital. We cover a lot in this episode. including:
Getting into Harvard.
Working for the Harvard Crimson news and editorial board.
Why empathy matters so much in today's world.
How Alex got his start at Fortune working on the Fortune 500.
The relationship between print and digital articles in 2016.
When to go outside your "swim lane".
How to become a real New Yorker?
The advantages of the New York Tech Scene.
Writing the Forbes Midas List and Forbes 30 Under 30.
How large tech companies grow global startup ecosystems.
What global cities are up and coming for startups.
Why are the Venture Capital markets slowing down.
The best way to get media attention for your brand.
Ambition Today Question of the Day:
How important is self marketing?
Links from this episode:
Be sure to listen and subscribe to Ambition Today in the iTunes Store for iOS and on Stitcher for Android.
Who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…
Listen to this episode now:
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The Power Of Saying I Don't Know
How saying I don't know can cure rampant lying, faking, and hiding, which permeates every industry and every company across the globe. When stress levels hit high enough they can affect any employee in a company. At times executives and founders are the ones that encounter the most stress and can therefore be most guilty of it. It is called imposter syndrome.
Lying, faking, and hiding is rampant. It permeates every industry and every company across the globe. When stress levels hit high enough it can affect any employee in a company. At times executives and founders are the ones that encounter the most stress and can therefore be most guilty of it. It is called imposter syndrome. It turn's out that there is one simple silver bullet answer to this problem and it is saying:
I don't know.
These 27 minutes of wisdom and honesty by Meghan Messenger exemplify why Meghan is one of the best leaders out there in 2016. Harvard Business Review just named Next Jump as one of it's only three Deliberately Developmental Organizations.
It turns out that lying takes twice as much energy in your brain than telling the truth and it is done to avoid being judged. Here is what you can do instead:
- Listen: Do not default to just repeating what you have heard, actually listen.
- Internalize: Personalize what you have just heard to your own life. (Use empathy)
- Operationalize: Go execute with a real understanding.
Along with the benefit of actually understanding each unique situation your in, there is one more key advantage as well. When you say "I don't know" you open yourself up to get help and feedback from other people. This is the most powerful benefit to keeping this mentality. It will open you up to new knowledge and therefore help you grow as an individual extremely fast. Check out Meghan's video below to hear the full story and a bit more of the story behind the the power of saying I don't know .
Note: TP stands for Talking Partner. Its a program where Next Jumpers are paired off and meet daily. These partners develop relationships of trust and help each other grow through advice and support.