startups

5 Traits Of Great Mentors

By | Leadership, startups | No Comments

Question
Over the years I’ve had different mentors.

There was Brian who I met when I found myself in jail at 16 years old, and others like Gerry who I reached out to 10 years later when I was weeks away from going bankrupt running a $1.2M dollar company.

They showed up when I needed them most. Some refer to them as their “Yoda’s,” others call them their teachers. I like the word mentor, even though I’ve never asked them to be, or called them that in person.

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Long Term Greedy vs. Short Term Greedy

By | Leadership, startups | 2 Comments

As the world evolves to one of “instant gratification,” it seems that doing business has as well.

Even though I believe in moving fast and creating value for customers as quickly as possible, I do believe that we should take a long term view on building a business.

Long term means you invest the time to find the right employees that share your values. It also means finding partners that make you look good and are going to be around in 10-20 years.

Short term is all about optimizing for near term gains. Either pushing your team to exhaustion or always sucking the value from any deal to be all one sided.

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7 Step Framework For Starting a Company

By | Motivation, startups | 15 Comments
The Flat Part of The Hockey Stick

The long flat part of the “hockey stick”… our growth at Flowtown.

Starting a full blown company is a scary endeavour… that’s why I’ve always started very small. My approach is very intuitive. At each step I’m trying to prove if there’s a “there there”. Or better yet, “Will the dog hunt?”, “Does anyone want this?” I also start off with a few contradictory assumptions:

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Will Google Helpouts Provide Clarity?

By | startups | 8 Comments

I first heard of Google Helpouts on July 24th. It made perfect sense seeing that their video product – Hangouts – has been their “silver bullet” of social, it’s only logical. However, it’s not new. What they’re offering (consumer focused / expert video chat) has been tried in the past. In 2006 Skype launched something similar, only to shut it down. Since then there’s been a half dozen startups to enter the market offering something similar to Helpouts. Even eBay has a new service they’re testing in the UK.

All that being said, as someone who has a dog in the fight (i.e. expert network / advice as collaborative consumption), I think there’s some interesting aspects worth discussing.  So here goes.

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Clarity: From a Birthday Wish to $1.6M in Funding!

By | Financial, Personal, startups | 29 Comments

Almost a year ago I asked for a favor – a birthday wish – that everyone entrepreneur I know donate 1 hour of their time giving advice to another entrepreneur over the phone. That was the seed that has now grown into Clarity.

Since then we’ve

  • Retooled the product and launched publicly in May
  • Completed over 12,000 calls
  • Connected entrepreneurs from across 47 countries
  • Signed up over 7500+ experts & advisors

And today things continue to grow!

Today I’m super excited to annouce that Clarity has raise $1.6M in a round of funding from some of the best investors from Silicon Valley & across Canada.

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Why I Would Pay $100,000+ For An Amazing UI Designer

By | startups, Uncategorized | 11 Comments

I believe that it takes more than innovation to succeed. It requires a great product experience. Apple definitely set the standard, but many new companies have embraced this trend and the bar has been set higher.

Product design will be a huge differentiator going forward especially when it comes to mobile and consumer applications.

Mobile web, displays and browser technologies have all elevated what’s possible now online and the expectation of our users. They expect more.

.. and I want to give it to them.

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My Birthday Wish, Clarity.

By | Motivation, Personal, startups | 38 Comments

Signup for Clarity

I was born on December 26th, 1979. Today I turned 32, although I still feel like I’m 17. Turning 30 was tough, but the past few years have been the most rewarding times of my life. Last summer I got engaged to a beautiful women and two weeks later we signed a term-sheet to sell Flowtown to Demandforce. Looking back to the successes I’ve had over the years, I realized that it wasn’t my upbringing or education that were critical in my achievements, but in the quality of the advice that I got from some amazing people along the way.

Have you had any of these types of conversations?

That’s why four weeks ago I started a company call Clarity that would enable this activity regardless of someones social status or geographic location. Clarity makes it easy to connect with others looking for advice over the phone. The service is all mobile, is private and secure, has some amazing features that make it fast and delightful.

So for my birthday this year I have one wish.

I’m asking every business owner, community leader and entrepreneur out there to offer one hour of their time – for free or for charity – to give 6 entrepreneurs 10 minutes of advice around their expertise or passion. Each call takes only 10 minutes. All calls are off the record, private (Clarity takes care of connecting both parties) and are filtered for quality.

Here’s how to commit your phone time:
1) Create an account
2) Block out an hour in your calendar January 5
3) On that day, promote your availability on Facebook / Twitter

We’ll be providing updates and instructions leading up to the big day. If at anytime you have questions, don’t hesitate to email me directly, or better yet, call :)

There’s already 300+ of the world best entrepreneurs, venture capitalist and marketers who’ve taken a pledge to give back and I would ask that you consider joining them. It’s only through advice from those who’ve been there before that we truly gain insight into the challenges we face as entrepreneurs.

There’s nothing that would make me happier then to end this day, my birthday, with a 1000+ amazing entrepreneurs giving me the best present I could imagine – their time and advice – for others to enjoy. Please take 10 seconds to sign-up for an event that will certainly move and change their life forever.

Signup here to give me the best birthday present ever.

Remember: It takes a village to raise an entrepreneur.

Flowtown Has Been Acquired!

By | Personal, startups | 6 Comments

Man, it feels good to finally get that out!  As most of you know, I’m an open book with most things and keeping this great news private for the past 7 weeks has been extremely hard.

Too many people to thank

First off I want to thank my amazing team – Ethan, David, Assaf and Jerome.  Most people don’t realize that we’re only small team of five. Ethan and I have always believed that a small / talented / focused team could out innovate and execute better then one that’s bloated with sub-par people just to “get things done”. Even when we had 35,000 registered businesses on Flowtown – we made it work. The even cooler part is that everyone on the team is an entrepreneur. Everyone, before joining Flowtown full-time had their own companies or projects on the go, and they we’re willing to put their dreams on hold to be part of the Flowtown story. Today I’m proud to be able to publicly thank them for believing in us and our vision.

Why I’m excited

We found a place where we have 10x more resources to execute on a shared vision to improve marketing for small businesses all over the world. Demandforce has thousands of customers in several verticals and delivers millions of marketing messages a month. Our technology has already started to be integrated into their platform and our team is currently working on new and innovative ways to push the marketing envelope.

Two amazing people

All that being said I need to mention two amazing people, Renee and Ethan. Last August I became the luckiest guy on earth when Renee said yes! She’s been so supportive as we’ve been heads down on building out the company. Secondly, I want to thank Ethan for being an amazing co-founder and a best friend. Two weeks after getting engaged, I got a call from Ethan letting me know that paperwork was finalized with Demandforce. That was easily the best month of my life.

So what’s next?

Why do people love to ask me that question? The answer is who knows. I’ve been working with the executive team at Demandforce for the past few weeks and I’m really impressed. They’ve created an awesome company and I’m getting an opportunity to learn new and interesting things. Regardless of what the future holds, you can rest assured that whatever I do next – it will leave a dent on the world. Anything less is not worth getting out of bed for.

About Demandforce

Founded in 2003, Demandforce helps small businesses thrive in the Internet economy. The Demandforce D3 software-as-a-service application is used by thousands of customers to grow revenue, keep clients coming back, and manage operations more effectively. Demandforce’s flagship product, Demandforce D3, connects Demandforce clients to over 72 million consumers via email communications, text messaging and online services. Demandforce has achieved 24 quarters of over 80% year-over-year quarterly growth and is led by a management team with over a decade of experience developing and delivering web-based applications that drive real, tangible business value. Demandforce, Inc. is headquartered in San Francisco, CA. To learn more visit www.demandforce.com.

Related
Down the Rabbit Hole and Back Again: The Story of Flowtown

Entrepreneurship Is Not A Career Move

By | Motivation, startups | 21 Comments

In San Francisco, being an Entrepreneur puts you at the top of the food chain and failing is worn like a badge of honor, so most people can’t wait to jump into a pool full of startup Kool-Aid. Even the non-swimmers.

The problem is they think it’s all about working at coffee shops, raising a lot of money and speaking at conferences. If they get funded, they act like they’ve made a sound career decision, one that led to a promotion. Trouble is, it isn’t true.

Most entrepreneurs are like artists: passionate and starving

I’m not sure when being an entrepreneur turned into a career but it’s a dangerous way to look at it. It’s like waking up one day deciding to become an artist. You don’t decide to become an artist, it comes from a passion to create.

Also, it seems more and more people are starting up for the money (or the hopes of it). Wow, are they misguided. It’s way easier to become an investment banker than to have a successful outcome as a tech start-up. The odds are not in the entrepreneur’s favor.

It’s more than being a risk taker

At the end of the day, it’s not about taking risk. Yep, I said it. Sure there’s risk involved, but it’s not why you start up. For most, it’s about creating something from nothing. I don’t care about money. I don’t care about materials. All I care about is creating something that others use and find valuable. There’s definitely ego involved, any creative act requires it.

It’s who you are … all you know.

How you become an entrepreneur can take many different paths but I’m certainly not working for someone else. At this point, it’s who I am and all I know. Some feel that they can’t do it forever because they have plans on starting a family or can’t sustain the intensity – well I disagree. It’s sustainable if you choose. It doesn’t have to mean risking it all, or working 100 hours a week. It’s more like waves that come and go and if you manage it properly, it’s doable. I can’t see myself doing anything else – building companies is what I love to do.

I’m not writing this to discourage people from starting. I’m hoping people read it in order to help them prepare. Entrepreneurship is definitely not for the faint of heart. It’s certainly not a career move either, it’s something you do for the rest of you life.

P.S.Lately I’ve been writing twice a week at http://maplebutter.com – it’s a blog I started for Canadian founders – be sure to subscribe.