Friday, September 25, 2009

Andreessen says: Entrepreneurs Must Be Able To Make Plans And Then Break Them

I've been writing business plans for over a decade for start-up companies and way before that as part of the annual corporate management process. Many times founders are reluctant to pay the fees to update a plan a year down the road, not understanding that it is a work in progress. In fact business plans need to be reviewed at least every six months, not only to ensure management is on track, but also to ensure you are aware of the changing landscape, whether it is the economy and or competitors. Constant fine tuning is the key to success! I agree with Andreessen, that "its the process of planning that's the most important thing to see". So many founders lack this discipline and end up with a fragmented, shoot in the dark attitude instead of a cogent, defendable strategy. This is the most frustrating part of working with start-ups. No one takes the time nor wants to spend a little money to research their market segment and their demographic - a costly mistake that could be the difference between a successful company and a bankruptcy!

Friday, August 28, 2009

What Has President Obama Done for Silicon Valley?

President Obama's inability to fill even half of his major political appointments is in the news this week, but the appointments he's already made are causing some in Silicon Valley to question whether they supported the right candidate. The president chose non-Silicon-Valley candidates for the nation's two major technology posts.

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Wednesday, March 11, 2009

Social Networking and Blogging Outstrips E-Mail use

A study just published by Neilson Co. shows that social networking and blogging are now more popular online activities than e-mail. In the 90’s it was e-mail. In the 200’s it is all about social networking since it is a more efficient means of communication for one to many people. It’s also become a great marketing tool and a way for companies to communicate with their users and indeed, to obtain feedback from the market place. According to Neilson, Facebook is the most popular network and is visited by approximately 30% of people online every month. Globally, social networks and Blogs account for one in every 11 minutes spent online. Nielsen also found that the social network and blogging audience is becoming more diverse, with the biggest increase in visitors during 2008 occurring among 35- to 49-year-olds. And this doesn’t take into account mobile communications, which is growing faster in Europe. In the UK, 23% of those visiting a social network are doing so via a mobile phone, that is 2 million people! In the US, the figures are 19% and 10.6 million people respectively or 156% increase over the previous year in the US. E-mail has its place for corporate communications but it’s time for companies to seriously incorporate social networking as part of their marketing mix. Post your comments or e-mail me at businessissuestoday@gmail.com

Craigslist Kills Free Market Traders

In a stealth move, Craigslist has flagged (removed) all Ads by traders that have an HTML link, without any warning, cutting of income for le...