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Angel Capital Summit 2010 introduces Entrepreneur Presentation Coach Brewster Boyd

Angel Capital Summit - November 21, 2010 - 10:11pm
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Angel Capital Summit 2010 introduces Entrepreneur Presentation Coach Brewster Boyd. Brewster Boyd has direct experience in the consulting and venture capital industries. As a consultant, advisor, or investor, he has worked in a number of fields related to energy or environmental technologies/services.

Categories: Blog articles

Angel Capital Summit 2010 introduces Entrepreneur Presentation Coach Steve Sheafor

Angel Capital Summit - November 21, 2010 - 9:55pm
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Angel Capital Summit 2010 introduces Entrepreneur Presentation Coach Steve Sheafor. All of his direct experience has been in the technology area, primarily in semiconductors, hardware systems, networking and system software, and he has managed Engineering teams in all of those areas. He has had significant interactions with Marketing, Sales, Finance and Manufacturing, but has never actually worked in those areas. He have served on the Board of Directors of several companies, both public and private.

He will be most effective in the Pitch Practice with teams working in the high technology area, and generally developing hardware products or software for commercial applications rather than consumer or web software. He is most experienced in Engineering and Product Development, but has worked a lot on the Marketing and Finance functions. He has worked closely with a number of companies in the development of their business plans.

Categories: Blog articles

Angel Capital Summit introduces Entrepreneur Coach Chris Noonan

Angel Capital Summit - November 21, 2010 - 9:38pm
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Angel Capital Summit introduces Entrepreneur Coach Chris Noonan. Chris Noonan is a Vistage CEO Group Chairman in Denver, Colorado. He is a strategic advisor to top management-a corporate motivator, tenacious and futuristically-driven toward organizations achieving their goals quickly and effectively.

Experience: Advisor and consultant to more than 100 clients worldwide, from start-ups to Fortune 100, in the private and public sector, with for-profits and not-for-profits, as well as privately-held organizations. Successfully managed multi-million dollar projects, domestically and internationally . Advisor on mergers, acquisitions and outsourcing. 40 years as an executive and consultant, using business insight and technology know-how.

Professional background: Chair, Vistage International . Executive Director, The Genessee Group, a management consulting firm, helping boards and executives to manage change, to position for growth and to think and plan strategically . Senior Vice President,Security Pacific Corporation-launched a new subsidiary, directed corporate development and oversaw a $60M multi-national technology operation. Senior Manager, Coopers & Lybrand, management consulting services-provided strategic and technology advice to boards and executives. Director, Continental Airlines-led this airline's computer operations in providing technology offerings to 75 airlines worldwide . CBIS-founded this software firm that developed and sold systems for training and fund raising, while attending Loyola University of Los Angeles.

Board and organizations: Generalist Mentor, CleanTech Open & Angel Capital Summit. Board Member, Novell CoolSolutions Advisory Board . Member, TBI Financial Services Technology Advisory Board. Former Director, Digital Imaging Services Corporation Board.

Categories: Blog articles

Angel Capital Summit 2010 introduces Entrepreneur Presentation Coach Becky DeStigter

Angel Capital Summit - November 21, 2010 - 9:15pm
Angel Capital Summit 2010 introduces Entrepreneur Presentation Coach Becky DeStigter. Ms. DeStigter was a marketing strategist with her own company for six years. Before that, she worked in healthcare software. She knew B2B markets better than B2C. She was comfortable working with high-tech companies and professional service providers. In the past 5 years, she has been working towards an MBA and a separate Masters in International Business. If a presenting company has major international plans, she will evaluate the workability of such plans.

She can be reached at:
www.International-Entrepreneur.com
or on twitter at: IntlEntreprenr

Categories: Blog articles

Angel Capital Summit 2010 correspondent Lynn Koves interviews Mark Forsyth of the Partner Group The @RMI2

Angel Capital Summit - November 21, 2010 - 8:52pm
Angel Capital Summit 2010 correspondent Lynn Koves interviews Mark Forsyth of the Partner Group The Rocky Mountain Innovation Initiative.

The Rocky Mountain Innovation Initiative, or RMI2, is an organization dedicated to accelerating the success of high impact clean energy, bioscience and technology startup companies in the Northern Colorado region. RMI2 promotes the regional innovation economy and entrepreneurial ecosystem, and provides a broad range of programs and services to assist entrepreneurs and accelerate formation of targeted industry clusters. The initiative also serves as a connecting platform between entrepreneurs, advisors, investors, talent and support organizations.

Mr. Forsyth can be reached at:
Email: mark.forsyth@rmi2.org
Website: http://www.rmi2.org
Telephone: 970-221-1301

Categories: Blog articles

Angel Capital Summit 2010 correspondent Lynn Koves interviews Alex Sammoury of Longmont Entrepreneurial Network(LEN)

Angel Capital Summit - November 21, 2010 - 8:39pm
Angel Capital Summit 2010 correspondent Lynn Koves interviews Alex Sammoury of Longmont Entrepreneurial Network(LEN).


LEN is a 501(c)(6) not for profit organization fostering economic growth and vitality through the support of entrepreneurship, innovation and technology. Launched in 2002, LEN currently provides programs and services for entrepreneurs through its center in Longmont. LEN maintains a large network advisors who volunteer their time to help entrepreneurs by providing business expertise ranging from concept development and business planning to operations and management.

Mr. Sammoury can be reached at:
Email: Alex@leninc.com
Website: http://www.leninc.com/
Telephone: 303-678-8000

Categories: Blog articles

Angel Capital Summit 2010 reporter Lynn Koves interviews Pitch Practice Czar Steve Johnsen

Angel Capital Summit - November 21, 2010 - 8:27pm
Angel Capital Summit 2010 reporter Lynn Koves interviews Pitch Practice Czar Steve Johnsen. Mr. Johnsen is in charge of scheduling and monitoring the progress of the 2 day pitch practices for the 40 selected entrepreneurs.


He is also a professor at the University of Entrepreneur, as well as involved in his own business pursuits.


To contact Mr. Johnsen:
Email: steve@cumulus-consulting.com
Phone: (303) 335-0949
Catch him on twitter at MrMoxy
Categories: Blog articles

Angel Capital Summit 2010 Head Coach David Talon

Angel Capital Summit - November 21, 2010 - 8:08pm
Angel Capital Summit 2010 Head Coach David Talon is interviewed by reporter Lynn Koves. David plays a critical role in the success of the summit, as he interviews, "hires" the volunteer coaches that will be mentoring the 40 finalists.

Mr. Talon also plays an important role as one of the professors at the University of Entrepreneur. He is also actively engaged in his own business iGrowth Strategies.

You can contact him directly at:
Email: David@iGrowthStrategies.com
or by phone: 775-291-3417
or on twitter: DaveTalon

Categories: Blog articles

Is raising capital so different from sales / business development?

Angel Capital Summit - November 19, 2010 - 9:05am
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Is raising capital so different from sales / business development?

Does developing a qualified pipeline of prospective funders differ greatly from developing a qualified pipeline of prospective customers?

Granted there are different profiles, needs, methods of access and pricing. However, these are still the same 4 Ps an effective marketing / sales operation manages daily. A firm would have to address these very same issues if they were moving to a different product / service or territory.

In fact, the opposite may also be true - the more sales people saw business development as capital raising the more diligent they would be towards partnering with the most appropriate customers to grow their business.

In sales, we often say that it is easier to get new sales from existing customers than to attract new customers. Thus, it is also true that to attract capital it is easier to access people who you know and trust you, your services i.e. customers to become investors. We should all start with the premise that all qualified customers also have the potential to be investors.

This joint approach to raising capital and sales / business development may be the most sustainable strategy to meeting both goals.

For more information on targeting the right service for the right market please contact us or visit www.bb2e.com or www.beinventiv.com

Categories: Blog articles

Clipping Your Own Wings – Entrepreneurs Can Soar as Born-Global Companies

Angel Capital Summit - November 8, 2010 - 6:55am
Becky DeStigter International Business Consultant

Clipping Your Own Wings – Entrepreneurs Can Soar as Born-Global Companies

Last year when I attended the Angel Capital Summit in Denver, I heard many smart entrepreneurs presenting their companies and met many fine entrepreneurs and business advisors. But when I asked about international expansion plans, the answer accompanied by a vacant expression usually boiled down to:

“When my company grows up...”

I’m here to tell you that the business landscape has radically changed, making it not only possible to expand internationally in early company stages but also imperative to consider other parts of the world as potential markets. Let me tell you why:

Your “Tribe” is Not Likely Bound by National Borders*. This year’s Summit entrepreneurs come from the U.S., Israel and South America. NONE of these countries have a majority of world markets. The U.S. leads with only around 20%. That means that at least 80% of potential markets are elsewhere. Since most start-up companies serve a market niche, who wants to leave 80% of market potential on the table?

Costs of Marketing, Selling and Delivering Products Internationally have Plummeted. The Internet is probably the best thing that ever happened to entrepreneurs. It lowers the boundaries on communicating around the world. What’s more, trade barriers have been steadily dropping along with transportation costs. What used to be the domain of large multi-national corporations is now open to all companies. Excuses for delaying internationalization are dwindling by the day.

The Global Financial Crisis is a Distant Memory… At Least in Asia and South America. The U.S. and European markets remain slow and recession-like, but South America and Asia were barely affected by the Financial Crisis. These regions enjoy high growth rates sprinting at 5-10% year-on-year while the “developed” economies lumber along at 1-2% in a non-recession year. If your domestic market is contracting, you should be offsetting this effect in growth markets.

So this year if I happen to meet you at the Angel Capital Summit please know something about the global demand for your product. In this economy, entrepreneurs need to sharpen their competitive edge.

*“Tribe” as a term describing market niche was coined by Seth Godin.

Categories: Blog articles

Evidence Based Entrepreneurship, De Constructing Colorado - Fort Collins; Are You a Ram?

Angel Capital Summit - November 1, 2010 - 12:37pm
Fort Collins Zipcodes Fort Collins Boettcher

Fort Collins is a beautiful college town with everything an entrepreneur needs to be successful from what I see. There is a big state university with specialties, a plan, which is always important, and the Rocky Mountain Innovation Initiative. It sure seems that they are trying and fortunately, their planning and number of investors is extremely helpful when growing an economy. Also, Fort Collins is engage in Economic Gardening, which is another reason they have a good chance of doing things that affect the Colorado Economy.

Some facts from our data:

  • There are 247 Accredited Investors
  • 26 New Businesses started in the last 12 months
  • The ratio of Investors to New Business is 9.5, which seems like there is some investment opportunity. The state ration is 2.2 so the relative number of investors to new business looks good.
  • 

How big is Fort Collins?

The images above include a map of Fort Collins and a zip code map that includes zip codes that are fully or partly within the city. There is a large area that the post office considers Fort Collins and some is actually Boettcher Farms Estates, which is the third image. This little area within the zip code is tiny in comparison to the total area so there is no major effect now. Who know what will become of the area in the long-term, I just know that there are listings to sell land and Boettcher is on maps as a place that is a point on a road when you zoom in.

Does Geography Matter?

There is more than one answer to this question. What type of business are you starting, are you importing and exporting people and or parts for the manufacturing of the product. Are you providing a service and is there a good pool of possible clients? There are many good ideas and there needs to be a reason to be located where you decide to put a stake in the ground. If studies show that families with new children are moving into the area at an alarming rate, 25 different inflatable play areas might open just down the street. It is important to know the market and research your possibilities when opening or investing in a business.

There is a lot of real estate around Fort Collins and it is important to do your research to find out who you deal with when opening a business. It appears that green technology and the overall theme of innovation is present in Fort Collins. Do some research, click on some of the pictures and articles above and see what you think.

Feel free to link to the JWconsulting blog HERE for a version of this post with more pictures if you like pictures. There are also links to articles and website that focus on the economic impact of a college or university on a city.

Categories: Blog articles

Run for your lives from the SBA (The fox is in charge of the henhouse)

Angel Capital Summit - October 29, 2010 - 4:27pm
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The SBA constituency is any company with less than 500 employees - 99.7% of all businesses in America. It's no different than calling anyone under 7' tall "short" - a category so broad as to be meaningless. EXCEPT that it allows politicians to say "we help small business", when in fact they are helping mid to large sized businesses and completely ignoring the small ones.

The SBA says the #1 sector for job growth is companies with 1-10 employees and #2 is companies with 11-20. Yet very little they do helps businesses under 20 employees.

Nothing demonstrates how committed the SBA is to big business at the expense of small business then the leadership that politicians makes sure they have in there. Karen Mills, the chief administrator of the SBA grew up in the lap of big business luxury and is the heir to the Tootsie Roll fortune, with no small business experience. Marie Johns, the second in command, also never started, worked for, built or managed a small company in her life. Her last job was as CEO of Verizon's Washington D.C. division, a $21 billion company with 32,000 employees. These are our small business advocates??

Politicians would rightly never put a male of european-american descent in charge of figuring out how to help minority women - it would be an outrage. But filling the SBA with giant corporation fat cats who don't even know what a small business looks like is just standard practice. The henhouse is full of foxes and the government put them there on purpose. Really quite amazing.

In 2009 Australia passed the Fair Trade Act which formally defines "small business" as "under 15 employees". We need such a law, then we need a new SBA that will focus on stopping the big business favoritism that is so unhelpful to small business.

Karen, Marie - are you listening? Probably not - they're too busy meeting with "small " companies with 500 employees.

If you’re a small business, you’re the chicken. Run for your lives from the SBA.

Categories: Blog articles

Why Economic Development Depends on the Small Guy.

Angel Capital Summit - October 25, 2010 - 3:44pm

It happens every time. Giant corporations and giant government get us into giant messes, then they all start staring at small business to get them out of it. How arrogant can you be? “Hey, we made the mess, now you guys clean it up!”

The SBA says the #1 sector for job growth is businesses with 1-10 employees, and the #2 sector is businesses with 1-20. So the Bigs are right to look to the Smalls, but the only time they pay any attention at all is when they need us save their backsides.

Let’s do the math to see just how arrogant big business and big government really are. $1.5 trillion in bailouts, handouts, no and low-interest loans to giant corporations who couldn’t qualify for a credit card, and outright purchase of majority positions by government in businesses that had been irresponsible for decades – all of that was “necessary” or we would have gone to heck in a handbag. So they say.

How much of that $1.5 trillion went to businesses under 20 employees? Exactly $255 million of it in the ARC loan program, which was widely recognized as the most difficult loan to qualify for that the SBA had ever devised. Unlike the big business bailouts and handouts, virtually ALL of it went to extremely healthy small businesses and almost none of it to those that actually needed it.

Now the feds are frustrated with us because they are giving us “tax credits” which don’t do anything for businesses under 20 employees, but do help their bigger business cronies.

Everything they are doing is designed to help big businesses and big politicians. In the past they could pretend to help us by using the words “small business” when passing programs that were actually for larger businesses. This time we’re not buying the ruse.

The ruling class consists of big government, big business, and big unions and they’re all in bed with each other. Small business has no seat at the table. We don’t want one to get handouts like the rest of them. We want one to stop the big three from passing pork back and forth between themselves, all at the ongoing expense to small business.

The economy will grow again when small business grows. Then government and big business will ignore us again until the next time they want us to ride in on a white horse. Do they really think we’re that stupid anymore?

We need a cabinet level person representing businesses under 20 employees, and we need to blow up the SBA and start over (it represents companies up to 500 employees and patronizes the small ones.) Please don’t congratulate politicians for claiming to help small businesses. They don’t even know what one looks like.

Categories: Blog articles

Evidence Based Entrepreneurship, De Constructing Colorado - Englewood

Angel Capital Summit - October 22, 2010 - 12:33pm
Englewood, CO Map Englewood, CO Facts Cherry Hills Village Facts

Englewood at Face Value from our Data Sources

Ratio of Accredited Investors in Englewood is 6.2 compared to 2.2 statewide. There are 793 Investors living in Englewood compared to 128 new businesses in the last 12 months. It seems that there is a good amount of money in the city, of course if the sources are correct. The rest of this blog is dedicated to finding out what that information really means and why it is important to take a closer look.

Facts:

  • Accredited Investors in Englewood = 793
    • 26 are in 80112, which is not in the City of Englewood
    • 444 are in 80111, which is not within the City of Englewood
    • 80113 is actually officially Englewood according to the City of Englewood website
      • 323 Accredited Investors
      • Only 75% of the zip code is within the Englewood city limits and 25% is within Cherry Hills Village
        • According to City-Data.com, Englewood median household income = $42,406 (see the image above)
        • According to City-Data.com, Cherry Hills Village median household income = $207,773 (see the image above)

Based on the fact that Cherry Hills Village is one of the wealthiest neighborhood in the Denver metropolitan area, I would venture to guess that most of the Accredited Investors live there as opposed to Englewood.

Any Public Companies in Englewood, CO?

A very reputable list provider states that there are 9 public companies in Englewood, CO and the interesting thing is that they are all in zip code 80112, which is not one of the zip code in Englewood. How can this be you ask. I am not sure other than the fact that trusting data from a provider without further investigation is not a wise choice. With that being said, there are no public companies within the actual city limits of Englewood.

The map of 80112 that is one of the pictures above shows that the west side border is Holly St. and the map of Englewood shows that the City of Englewood at the east most point is University Blvd. The post office website states that 80112 is Englewood and then when you type a specific address, it adjusts, at least for my address, changes to Centennial. Again without proper due diligence, one might take for face value that they are in Englewood when in fact the city is Centennial or Greenwood Village. Another bit of confusion and a reason to question sources.

Are the Accredited Investors in Englewood?

The data states that there is a lot of money in Englewood and the numbers are not correct from the list source because of the confusing makeup of the area. The number of investors is right; the city names are in question. This is another sign that the postal service is there to deliver mail based on their needs and data companies need to do a better job of validating city names. Do your research or find someone who can do it for you when deciding to open or invest in a business.

It appears that the ratio 6.2 is not very accurate since Centennial, Greenwood Village, Cherry Hills Village, and even a bit of Littleton is included in areas listed as Englewood.

Englewood has at most 40 new businesses within the last 12 months and very few Accredited Investors. It is hard to say exactly how many investors and if I had to give a gut reaction to the number of investors in Englewood is small since 80113 includes Cherry Hills Village and the median household income in Cherry Hills verses Englewood is $207K and $42K respectively.

Who’s confused and might need some more details. Let me know because This type of research is fun for me and informative for you

Next up Fort Collins and the ratio at face value there is 9.0+

Categories: Blog articles

The Media of Economic Development: I Stand Corrected....

Angel Capital Summit - October 15, 2010 - 5:22am

Shortly after I posted the earlier blog by this title yesterday I received 2 email. The first one suggested that there were more egregious examples of 'Good Radio, Bad Info' regarding economic development than what I called out. The reader wrote that:

"The bigger the syndication {distribution} of the talk show, the less likely it is that they'll take local calls and speak to local issues. And shows that screen their callers to insure that the caller doesn't know more than the host, and - heavens forfend - might disagree with the host, are the worst."

So please add 710 AM to this list, as seemingly ALL their talk shows are syndicated.

He then went on to say:

"National talk shows make their living throwing whatever administration is at the wheel under the bus."

5 minutes of listening to one of these folk should be enough to convince you of that.

The other email pointed out www.w3w3.com - 'Colorado's Voice of the Business and Technology Community'. Actually, I've now received 3 email pointing out w3w3. All are right. It's simply the best place in CO to get your EconDev radio news. Indeed, it's all Colorado business and technology all the time - no sports, weather, traffic, etc. Sorry I missed it...

But I also need to give another shout out to Jon Wilkins. His recent post about Golden, CO tells us that:

"Golden has a 7.5 ratio of Accredited Investors to New Businesses in the past 12 Months.
Good ratio when the state is at 2.20, which isn't bad in itself."

Demographics are destiny, and the destiny of entrepreneurs in Golden now looks a little brighter than in most places.

Categories: Blog articles

The Media of Economic Development – or – Good Radio, Bad Info

Angel Capital Summit - October 14, 2010 - 3:22pm

I spent the earlier part of this month driving around Colorado helping ACS Partner orgs and volunteers get things set up and moving. While doing this I listened to the radio a lot. Early on, I hit on a channel – 760 AM – that was talking about economic development, so I called in.

This was an embarrassingly bad experience, and not just for me. The host had an opinion. Doing what I do, I had facts. He wasn’t interested in them. When I tried to share them, he muted me and went off on a rant in support of his agenda. As this was not the first time I’ve had to deal w/ screaming people w/ a different opinion than mine, I decided to try it again w/ a different radio station – 850 AM – and again, and again, and again, with both the left wing talkers and the right.

Same result.

This reminded me of what one of my college English professors once said: “Radio, Television and Newspapers are not educational mediums. They are not informational mediums. They are not entertainment mediums. They are ADVERTISING mediums.” As I'm an old guy, this was pre-Internet, but the same thinking applies.

So regarding the consumption of your media, dear reader, Caveat Emptor!

If you enjoy being lied to just for the sake of getting your dander up enough that you call in and get into an argument with the host, go for it! But know that all you’re really doing is helping the radio station sell advertising by helping the host heat up the audience. And by doing so, you’re also helping to perpetrate another cycle of BS on a public that too often assumes that – because these people are in the media – they’re trying hard, and are even obligated, to tell the truth.

That fantasy died sometime around the birth of Fox News, which is now openly making campaign contributions. Here’s the most complete version of the story that I’ve been able to find so far: http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandteleco... And why in hell do I have to go to London to get it?

(Disclosure: I was featured in a Fox Business News story on 10.11. Here it is: http://www.foxbusiness.com/personal-finance/2010/10/11/looking-funding-i...)

As to where you can find good economic development info that you can use to build your Company or make an investment in one, here’s the best show on the web: www.YourEconomy.org, which is sponsored by the Lowe Foundation back in Michigan.

And the best show in Colorado is currently Jon Wilkins, the ACS Marketing Committee Chair. You’ll want to track his blog posts for the next several weeks as he de-constructs Colorado, one city at a time. You can also learn more about Jon here – www.JWConsultingCo.com – or just ping him directly – Jon@JWConsultingCo.com – and ask him to de-construct YOUR market.

Categories: Blog articles

Evidence Based Entrepreneurship: De Constructing Colorado - Golden, The Silver Bullet - Issue 2

Angel Capital Summit - October 13, 2010 - 8:48pm
Zip Code 80403 Zip Code 80401 Golden Vision 2030 Golden

Lets take a closer look at Golden, Colorado. I have included a few maps that show the boundaries of the city of Golden as well as the zip codes that are associated with Golden. This is important because if you plan to start a business within the boundaries of the city map you will be dealing with the City of Golden. For the most part, areas outside the city, inside Jefferson County and not within another city, you deal with the county. Remember this is Colorado so the landscape is beautiful and confusing. The second and third maps are the zip code boundaries of what the post office refers to as Golden. Everything will make less sense soon so don't worry.

Golden has a vision and that is a great when planning the economic future of a city.

When you hit their website it is not hard to find the Vison 2030 logo attached to this post.

The fact that they have the program tells you why it is worth looking at as a place to start a business. The odds are in the favor of the savvy business person when you live in a state ranked 4th in starting a new business and 4th in running a business. Sounds like ease into the market and ease when already established, with the IF factor of course. A good business person in a bad area can make it work and the same is true for the flip side of that coin. That is of course IF you try to have a successful business because we all know that sustainability is the key and running a clean, lean, mean, efficient business is often a good way to survive.

The other reason I found important to Golden is their involvement in Economic Gardening. Take a look at my last post for some information about the Economic Gardening Program.

Golden has a 7.5 ratio of Accredited Investors to New Businesses in the past 12 Months

Good ratio when the state is at 2.2, which isn't bad in itself. Golden looks good, has a nice economic base with a successful brewery and a nice College with a good reputation. The only thing I found to be a little hard to nail down at first and just like all other areas, the post office is not the best place to rely on exact borders and city designations.

This is a portion of the full story that you can find at The JWconsulting blog siteby clicking HERE. There are some pretty pictures and charts that will help you visualize some of the text here. The plan is to take away some guess work, busy work, and also come up with ideas that as an entrepreneur, might not be at the top of your mind. It is good to know what to do and equally as good to know what not to do. There is a lot of real estate in Colorado and we want to be sure you are happy with where you plan to place your stake in the ground.

Categories: Blog articles

A Birth Announcement: A Polite Little Fiction for Your Review

Angel Capital Summit - October 10, 2010 - 2:52pm
Kevin Johansen

Title: A Polite Little Fiction For Your Review…

I wrote the below piece of short fiction several years ago at the request of my friend, Frank G., who at the time was working as an editor. (I found it this weekend while cleaning up my desk. And yes, that’s a critique of my organizational skills. My desk is composting.) The question he asked me to answer with this piece was: “What the Internet Needs…and the Only Thing Big Enough to Supersede the Net as We Know It”. This was also the working title for the draft.

The eventual title became: A Birth Announcement

The blood test is in and paternity as been determined. Knowing the father, he will be a special needs child. By nature arrogant and self centered, we can only hope that the mother will be able to temper his genetic predispositions with love and kindness. And it’s a safe bet that the father will be absent. If past behavior is any predictor of future behavior, that’s guaranteed. This is likely not a bad thing, though. At his worst, the father was a mercenary, strip mining SOB when it came to his relationships with the rest of the world. At his best, he was arrogantly benign, crying for accolades for fixing the problems that he caused.

Whether he will accept his financial responsibilities towards the child is not yet known. With the exception of his peers, everyone thinks he should. But the audience he plays to has a lot of control over him. Expecting him to do the right thing isn’t always realistic or pragmatic. The mother – like most mothers in her condition – must simply plan for the worst and hope for the best.

There are those that think the act of conception that created this child was a rape. Rape is always a question in circumstances such as these. But the mother knows better. She was deeply complicit, as were all the mothers before her. And regardless of the bloodline and the whole of the weight of history, she believes in the innate goodness of her son. Like all mothers, she does what she does out of a belief in life that is so much a part of her that she is barely able to articulate it. She simply acts, and knows. Life must be served. There was no choice to make.

Like the mother of the father, she knows that her son will one day grow to assume the responsibilities of the father. She hopes for a peaceful transition, but knows better. The history of this family is one of patricide; brutish and Oedipal. And as the son and the father have no feeling for each other, the death of the father tends to be a slow, graceless death.

But this time…this time she has reason to think that things might be different. This time there is simply too much information, too much evidence that cannot be denied. People are suffering and in need, and the need for love is now impossible to ignore. In both heart and mind, she knows that the times have finally changed, and she glories in it.

War, poverty, pestilence and pain have always been a part of her past, but they are no longer a certainty for her future. And this is so because there are no longer any vacuum-sealed pockets of fraternal ignorance vectoring out cancers of greed – if only because there are no more vacuums. At this she smiles inwardly. Mothers abhor vacuums.

In the world she and the generations before her have worked so faithfully to create nothing is allowed to exist separate from life. For the first time it is possible for life to touch everything. As her son matures to manhood she knows that there will come a day in which he can no longer deny truth in pursuit of individual gain. And in this new world, it is her solemn hope that her son will also come to understand and fully know the work of his mother, and in the knowing, perhaps come to honor his father as well. Perhaps it will be her son, she muses, who might be the first of his line to become a husband as well.

And so the long chain is broken. For the first time, her interests are not the simple, near sighted interests of the mother of the father and all the mothers before. She will be the first mother to dare to look beyond her son’s horizons and be concerned for the generations to come. In her world, the edges have finally grown together and the parts are becoming aware of the whole. In this wholeness she knows that her son will be well raised, both conscious and conscientious of the world around him.

All the bastard son of eCommerce needs now is a name.
_______________________

Frank liked this, but not enough to include it in any of the publishing efforts he was engaged in without significant edits. Re: those edits, he wanted overt mentions of things like ‘2nd and 3rd wave economics’, which I thought would spoil the tone. For this he chastened me for making “…the reader work too hard”, as “extended metaphors are tough to carry out as a literary device”.

Frank’s right. My apologies if I did.

In closing he added:
“I am more skeptical than ever about the Internet doing even a forth of what you see in/by/around/from it. Similar high-flown statements came with the telegraph, the auto and the airplane. The technologies of autos and cinema and radio continue their wondrous march right through the 1930’s – and 20% unemployment, dust bowls, and riots.

Technology gives new contours to economic and generational cycles, but it does not cancel out either of them. Islamic fundamentalists still hate us, the Chinese still think they can win long term, and the Russians are still the Russians.

But it’s your Promised Land, not my Dark Shadow. So, have at it. Just don’t over-metaphor the reader or leave out the Millennials and the Xers (who will be the ones to try to carry out your vision – and yes, I think they’ll give it their best.)” - FG

I disagreed with him on this issue of cycles.

The Internet does more than just speed things up or enhance a handful of life’s components. Unlike all other previous inventions it has the potential to touch everything we do and impact everything we are – and it is. This makes it transformative. Because of this I’ve never really thought of it as a technology. Granted, there’s a lot of tech supporting it, but it’s never been about technology, nor has its growth been driven by it. Simply put, its growth has been driven by our need to be connected – our need to love and be loved in return.

An understanding of this need makes most everything that’s going to happen on the Internet predictable. Yes, everything’s going to continue to move faster and for less. Why? Because we want to be better connected. The only unknown is the calendar date on which the predictions come true. That’s where the technology comes in.

That’s where we entrepreneurs come in.

So the faster and better we build it, the closer we get to the Promised Land. Let the sins of the fathers no more be visited upon the sons and daughters. Let’s go build.

Categories: Blog articles

Part 4: The 4th Bottom Line - Entrepreneurs Create Markets

Angel Capital Summit - October 10, 2010 - 2:23pm
Kevin Johansen

Part 4: The 4th Bottom Line - Entrepreneurs Create Markets

Yup. It’s true.

And it’s more important than you think, particularly during a recession/depression – and particularly during this nasty ‘jobless recovery’ we’re in.

Specific to jobs, the research is in and it’s conclusive: No startups, no jobs. Subtract the jobs created by new businesses in the last 3 decades and the U.S. economy is flat-lined.

“THE FACTS: Since 1980, nearly all net job creation in the U.S. economy has come from firms less than five years old. In most years, without new and young companies, net job creation for the overall economy would be negative. In 2007, two-thirds of new jobs came from firms one to five years old.”

- From: http://www.kauffman.org/uploadedFiles/jobs-summit_12-3-09.pdf

Translated: Us getting out of this mess we’re in is tied with carbon nano-fibers laced w/ Kevlar™ to how well we foster innovation and take care of our entrepreneurs.

No quick fixes, please, as quick fixes too often involve recruiting another business from another locale to bring their jobs *here* in exchange for tax incentives. Economically, this is a zero sum game – our gain is someone else’s loss. We wouldn’t like it if someone else did it to us, so let’s not do it to someone else.

We need better solutions…

The Angel Capital Summit is your opportunity to suggest some, find others to support and evolve them, and then push towards implementation.

But the simplest one for you personally, fellow traveler, is probably to just start your own business. If enough of us do this, the problem’s solved.

And that’s not political. It’s American. Anyone telling you different isn’t.

Click here to apply to present at the Angel Capital Summit!

Categories: Blog articles

Angel Capital Summit guest blogger Lynn Koves: Why Viral Is Not Necessary

Angel Capital Summit - October 8, 2010 - 10:07am
Lynn Koves, Angel Capital Summit 2010 reporter and social media consultant

Angel Capital Summit guest blogger Lynn Koves: Why Viral Is Not Necessary. Social media experts and gurus across the across the globe tend to throw around a lot of buzz words. They will tell you that your brand needs to be “engaging” and “transparent.” But when it comes to video, one of the most overrated buzzwords is “viral.” While YouTube, the number #2 search engine in the world, gives any joe schmo the chance to earn internet fame, it is not necessary nor practical for the average business to aim for viral.

Video in itself is quite powerful as a marketing and sales tool. Non-verbal communication adds significant value to the equation, as it makes a message much more dynamic and engaging. It allows people to see passion in eye contact, facial expressions, and sets an overall tone for the relationship.

Given that the “About Us” page is often the highest clicked landing page on a website, the idea that people do business with those that they know and trust is supported. Putting a video on your homepage, with no need to scroll down, gives your audience the perfect chance to understand who exactly they are dealing with. Whether it is a “how to” video, or a greeting from the CEO, make sure your message is concise and consistent with your brand. Also, understand that the video is about what they need, not about you. Tell them how you are going to solve their problems, and end with a strong-call to-action. Make the next step clear, and invite them to do whatever you want them to do next.

Creating a YouTube channel with videos proposes a place to brand, and target keywords that are significant to the video and search query. It also brings opportunities to include a core group of tags, a link to your website, and engage in conversation through comments.

The goal is not to downplay the amazing results that can be garnered by a viral video that gains international attention. Going viral can create instant fame, and truly represents social media as the best kind of word of mouth there is. But it is also important to realize that it does not have to be the goal or reason to make a marketing video.

Author Lynn Koves is a volunteer on the ACS Social Media Marketing team. She’s the one of several guest bloggers that you’ll be hearing from as we ramp up to Dec. 6th & 7th. Like all the rest, she’s worth paying attention to, so enjoy her post, comment on it and connect w/ her directly if you can. You can learn more about Lynn by going to her website here - www.LynnKoves.com – or by simply sending an email to Lynn@AngelCapitalSummit.org.

Categories: Blog articles
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