Archive for November, 2010

Small business and startup issues: choosing the wrong software

Tuesday, November 30th, 2010

More than ever, small businesses and startups must execute and bring their software-based products or services to market quickly. As Groupon has demonstrated, there is often (but not always) a huge first-to-market advantage.

One risk of moving fast involves selecting software technologies that allow you to bring your products/services to market quickly, but that ultimately may not easily scale to accomodate increasing traffic.

Of course, you always should strive to pick the best technologies. But what if you make a mistake? What should you do if the software technology you pick doesn’t work for you later on?

We struggled with this issue at crowdSPRING in 2009 and completely refactored 100% of our code by the end of 2009, moving from PHP to Python. It was not a fun process.

I hope you never have to go through anything remotely similar. But if you find yourself in a situation similar to ours – here are five suggestions for what you should do when you find that your existing technology just isn’t good enough.

Do you have other suggestions, based on your experience?

Small business and startup issues: paperwork galore

Monday, November 29th, 2010

Last year’s healthcare bill, love it or hate it, contained a provision that slipped in under the radar, but that will have a substantial impact on small businesses and startups. The bill contains two important changes to how 1099s have been used historically. First, 1099s will now have to be issued for goods as well as services, and second 1099s will now have to be issued to corporations as well as individuals. This means that small businesses will now be sending out literally millions of 1099 forms and will be responsible for keeping track of every one of these throughout the tax year. Beginning in 2012, businesses will be required to issue 1099 tax forms not just to freelancers and contract employees, but to ANY individual or corporation from which a business buys more than $600 in goods or services.

This means that in addition to the 1099s that you already prepare, you will also be preparing a flood of these for your office supply provider, office cleaner, caterer, accountant, computer hardware supplier, office furniture vendor, and on and on and on. The bill will drastically alter tax reporting by highlighting payments that have typically gone unreported – the idea is to increase government revenues by helping the IRS to account for millions of these payments.

Small businesses and lobbyists have started to push back hard against this change, realizing the profound impact it will have on their operations and accounting procedures. And the Congress is listening; two bills have been introduced which would repeal this provision and if passed, small business will be spared another regulatory hurtle which could threaten to drown us all under a new flood of paperwork.

And the revenue that will be “lost” to unreported payments? We will all have to live within the honor system as we know it and report those expenses as well as the income we derive from our businesses. Honesty is always less taxing than paperwork.

photo: luxomedia

Twitter Link Roundup #62 – Small Business, Social Media, Design, Copywriting, Marketing And More

Friday, November 26th, 2010

Every day on the crowdSPRING Twitter account and on my own Twitter account, I post links to posts or videos I enjoyed reading or viewing. These posts and videos are about logo design, web design, startups, entrepreneurship, small business, leadership, social media, marketing, and more! Here are some of the links that I’ve liked and shared this past week!

The image above shows “Club Neverdie”, a virtual property in the game Entropia Universe. This past week, someone paid $335,000 to buy that virtual property. Sure, it has eight bio-domes, space docks, a stadium, club and mall. But it’s not real! More about this bizarre purchase in the “Other” section below.

Need a logo? Tap global design network – http://bit.ly/aLnFpY

5 Design Trends That Small Businesses Can Use in 2011 – http://on.mash.to/axbU2V

How can crowdsourcing work for your business? – http://bit.ly/eN3TSW

Building Great Software: Less is More – http://bit.ly/eRUeBK

Useful advice from @guykawasaki about starting a facebook fan page vs. building your own website – http://bit.ly/gsHyds

crowdSPRING’s Small Business Spotlight of the Week: DressRush.com – http://bit.ly/ctBxmx

“Most businesses… don’t need more cash, they need more brains.” – @mcuban, http://vh.co/gFW1cG

Need a logo? Tap global design network – http://bit.ly/aLnFpY

Business plans for entrepreneurs – Part II: research – http://bit.ly/9oe4XH

Building Great Software: Less is More – http://bit.ly/eRUeBK

Essential Startup Funding Tips from 8 Seasoned Investors – http://ow.ly/3dmYJ

How can crowdsourcing work for your business? – http://bit.ly/eN3TSW

Measuring startup success by head count is toxic – http://bit.ly/fYL5YI

“Most businesses… don’t need more cash, they need more brains.” – @mcuban, http://vh.co/gFW1cG

Products that are features are going away – http://tinyurl.com/2b9j9po

Unconventional startup wisdom by @mlevchinhttp://vh.co/ffR5VK

Employee Equity: How Much? – http://bit.ly/a8WfZt

Design for the Novice, Configure for the Pro – http://bit.ly/ffT7Vf

Employees don’t promote their own companies on Twitter. Ask yourself why? – http://bit.ly/gT6USJ

Forget the TechCrunch Launch – http://ow.ly/3cJK1

“Only purpose of your 1st round of financing is to build a product, prove it has value” – http://ow.ly/3cB9z

60 Mind Shattering Design Agency Websites for Inspiration – http://bit.ly/dQ2uDg

The future of advertising isn’t advertising says Made by Many – http://post.ly/1FYHz

Do Brands Really Know Where Ads Appear? – http://bit.ly/gtoQmu

Employees don’t promote their own companies on Twitter. Ask yourself why? – http://bit.ly/gT6USJ

Content Curation: It’s Going to Be HUGE – http://bit.ly/gRV89a

Useful advice from @guykawasaki about starting a facebook fan page vs. building your own website – http://bit.ly/gsHyds

Get Inspired: 45+ Amazingly Creative Papercut Artwork – http://bit.ly/bgE0RU

Designing for Content Management Systems – http://bit.ly/cBmnbw

90 iPhone and iPad Apps for Freelancers – http://bit.ly/eg2x40

40 Edgy Digital Fonts for LED Banner Designs – http://bit.ly/eFUi4X

Best T-Shirt Design Tutorials and Tips – http://bit.ly/i2s5PJ

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Building Great Software: Less is More

Tuesday, November 23rd, 2010

My experience with crowdSPRING over the past several years has proven to me that with few exceptions, startups and established companies should strive to keep their software features simple. Simple features allow you to release software more often and to iterate and leverage feedback from users.

Time and time again, we’ve made the mistake of over-thinking a feature only to learn that we didn’t do a good job planning and took far too long to release that feature. This is a common problem for young startups. In fact, many startups fail to launch a product because they get bogged down with software development and either run out of money, or are left behind by their competitors.

Over the past year, we’ve done a better job – simplifying our scope and iterating more often. It’s clear to me that what we’re doing now – simple, focused features followed by iteration – is the best way for startups to operate.

In the video, I discuss five reasons why I believe companies should strive to simplify software features. Briefly, those reasons are:

1. it is much easier to focus on simple releases
2. it is much easier to launch a simple product
3. real feedback from users is critical to software development
4. shorter software development cycles are more fun and create more energy
5. better overall product

Please watch the video for a more detailed discussion of the five reasons – and let me know what you think.

Do you agree that startups should simplify features and iterate more often?

Business plans for entrepreneurs – Part II: research

Monday, November 22nd, 2010

A couple of weeks ago, I started a series of video posts for entrepreneurs on creating a business plan. I very much believe that this part of the process is critical to building a strong company. The short video below contains my thoughts on the research process. I hope you enjoy and will look forward to your comments!

Resources:

2007 Economic Census
Internet Archive Wayback Machine
Bureau of Labor Statistics
WhoIs domain lookup
GoDaddy for registration
US Patent and Trademark Office

Small Business Spotlight of the Week: DressRush.com

Friday, November 19th, 2010

Ladies, the wait is finally (almost) over! DressRush.com is opening their figurative doors soon,  but registration is available NOW! DressRush.com is a members only, online auction where you can purchase designer wedding gowns and accessories for a fraction of their retail price. Membership is free and the site is completely open to anyone who would like to join.

I recently spoke with Aaron Hall, Co-Founder of Dress Rush, and he just ran a small website design project on the site. The winner is still a secret and will be announced when the full site is revealed!

So make sure you check it out and tell any of your friends looking for gowns or accessories and, in the mean time, read what Aaron has for you to learn… (Oh! And like them on Facebook!)

1.  How did you get things designed before crowdSPRING?

We’ve worked with ALOT of different graphic designers….and while some of them were great, it took a lot of time to get what we wanted done.

2.  Why in the world did you decide to use crowdSPRING?!

Our graphic designer actually referred us to you since he was swamped at the time.  The concept intrigued me, and the results blew me away.  I couldn’t believe we hadn’t used this before, especially with all of the design needs we have.

3.  What’s the single best small biz resource that you’ve found (magazine, website, blog, etc.)?

Hmm.  I’d have to say Mashable.com.  I’ve been reading them since their start and they have grown into an amazing wealth of knowledge from social media, to tech…everyone should read them daily.

4.  If your best friend told you they were going to start a business, what’s the ONE piece of advice you’d give them?

Start small.  Use Crowdspring to create a landing page, then jump over to unbounce.com and get the landing page up quickly.  See if your concept gets people interested before you spend the bucks to build your idea.

Twitter Link Roundup #61 – Small Business, Social Media, Design, Copywriting, Marketing And More

Thursday, November 18th, 2010

Every day on the crowdSPRING Twitter account and on my own Twitter account, I post links to posts or videos I enjoyed reading or viewing. These posts and videos are about logo design, web design, startups, entrepreneurship, small business, leadership, social media, marketing, and more! Here are some of the links that I’ve liked and shared this past week!

The map shows what would happen if the largest countries in the world (by population) occupied the largest land territories. The world map is in the Random Fun section below.

You have to repeat your message seven times, especially in business – http://goo.gl/fb/yDMxM

Latest @crowdSPRING SmallBiz Newsletter: business plans, digital marketing, building brands – http://bit.ly/a6flwp

Data is Easy. Optimization is Hard – http://ow.ly/36iU4

What Makes an Entrepreneur? Four Letters: JFDI – http://ow.ly/39CsG

Frugality is the new black – http://bit.ly/a1QrOB

Richard Branson on What They Don’t Teach in Business School – http://bit.ly/bnjwjP

Invest in Lines, not Dots – http://bit.ly/dBKJvx

Data is Easy. Optimization is Hard – http://ow.ly/36iU4

What Percentage of 2010 Seed Deals Won’t Raise The Next Round? – http://bit.ly/cSj7mx

Team Coco and the new world of digital marketing – http://bit.ly/baDKvO

5 Lessons Madison Avenue Can Learn From Startups – http://on.mash.to/a1KMCK

What a refreshing and sane post [about ad agencies] – http://bit.ly/aLQNqz

The next generation of digital talent: where will they work? – http://bit.ly/cvAkQx

Keep the digital natives in advertising – http://bit.ly/at7YHb

70+ Creative and Extraordinary Billboard Advertisements – http://bit.ly/d9jLP2

Why Google is covering up its own ads – http://tinyurl.com/23lsey8

30 Powerful and Compelling Public Awareness Print Ads – http://bit.ly/bprkO1

40 Useful Cheats Sheets for Graphic Designers – http://bit.ly/aZpGpK

Web Typography: Educational Resources, Tools and Techniques – http://bit.ly/aHJ9ov

Clever and Funny Business Cards That Will Crack You Up – http://bit.ly/cUco3T

30 Powerful and Compelling Public Awareness Print Ads – http://bit.ly/bprkO1

Fun and funny infographic comparing web designers and developers – http://bit.ly/b4HjNG

Beer Package Designs – http://bit.ly/9vyO5E

22 Cool Typography Print Ads – http://bit.ly/bQfrc7

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Team Coco and the new world of digital marketing

Monday, November 15th, 2010

Last May, when Conan O’Brien spoke to an audience at Google, he described his situation as akin to being “a prisoner in a 14th century cell writing little things on a piece of paper and throwing them out the window.” Having been contractually barred from television appearances upon his departure from NBC, Conan was forced to turn from the traditional approach to marketing used by the networks to social media and launched one of the most successful marketing campaigns the web has seen. Those “pieces of paper” Conan referred to? Tweets. The result of his efforts? 1.8 million Team Coco members on Twitter, a massive presence on Facebook, Foursquare, and in the press.

The digital onslaught launched by Conan resulted in the wildly successful, sold-out live “Legally Prohibited From Being Funny On Television” tour this past summer, huge buzz both on- and off-line, and culminated last week with the premiere of his new late-night talk show on TBS.

The marketing effort has been unstoppable and serves as an example of how a company can use it’s own native resources to build audience and market outside of traditional channels. O’Brien and his team of writers, tweeters, and digital media gurus have produced a non-stop stream of content: the Coco-Cam 24 hour live web event; a “miniaturized” version of the first episode that was aired online and consisted of a monologue with just of one joke, a guest list of just one celebrity (who was introduced to the audience and immediately left the stage), and a band composed of one lonely piccolo player. The Flickr and Tumblr pages, the YouTube channel, and the twitter streams became huge online magnets with millions of views.

The show’s first episode aired last week and the digital rollout strategy proved triumphant, reaching a huge audience of 4.2 million viewers, beating both Letterman and Leno in the late-night sweepstakes, and garnering a massive 3.3 million adults in the all-important 18-49 age group. As O’Brien put it to his audience, “I know what you guys are thinking: ‘Hey, it’s the guy from Twitter.’”

Twitter Link Roundup #60 – Small Business, Social Media, Design, Copywriting, Marketing And More

Thursday, November 11th, 2010

Every day on the crowdSPRING Twitter account and on my own Twitter account, I post links to posts or videos I enjoyed reading or viewing. These posts and videos are about logo design, web design, startups, entrepreneurship, small business, leadership, social media, marketing, and more! Here are some of the links that I’ve liked and shared this past week!

The image above shows the label for Buttface Amber Ale – one of a number of ridiculous beer names in the marketplace (see full post in the Random Fun section below) from huffingtonpost.com

Half of Small Businesses Don’t Have a Website – http://ow.ly/34JrP

Why some small businesses have pulled back from social media – http://bit.ly/9H1WX6

Getting Your Startup Started With Payments – http://bit.ly/9k3tvX

Business plans for entrepreneurs: the three ‘Rs’ – Part I – http://bit.ly/aksdiY

“.. nobody wins if you go out of business” – On Pricing – http://bit.ly/bzaEcp

Don’t Take the Wrong Decision Shortcuts – http://bit.ly/atyYdI

Understanding How The Innovator’s Dilemma Affects You – http://bit.ly/cquJlj

Business plans for entrepreneurs: the three ‘Rs’ – Part I – http://bit.ly/aksdiY

Important insight – Harsh Realities From 500 Startups Founders – http://bit.ly/cxhd9R

The great RockMelt social disintermediation – http://tinyurl.com/2g3yqmf

What I Wish I Knew Before I Started My Company – http://bit.ly/c91bYf

Getting Your Startup Started With Payments – http://bit.ly/9k3tvX

How to Fail Fast: 5 Signs That It’s Time To Move On – http://ow.ly/37005

Don’t Take the Wrong Decision Shortcuts – http://bit.ly/atyYdI

Startup Mixology Play-By-Play – http://bit.ly/dDmFi1

“.. nobody wins if you go out of business”  On Pricing – http://bit.ly/bzaEcp

Brian Chesky of AirBnB (from Startup School) – http://www.justin.tv/startupschool/b/272180383?

Lessons Learned From Helping Over 150 Startups With Marketing Part 1 – http://bit.ly/bnit1R

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