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Jessica Livingston’s Pretty Complete List on How Not to Fail

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Re: Jessica Livingston’s Pretty Complete List on How Not to Fail

#172
post #78

"...shares her learnings about..." -- this is not English. Failing in the second sentence.

Critiquing others without understand the subject matter is a surefire way to make yourself look foolish. http://english.stackexchange.com/questions/19227/plural-of-l...

Seems I understood the subject matter perfectly clearly. You on the other hand are best described by the numerous references listed below.

Re: Jessica Livingston’s Pretty Complete List on How Not to Fail

#173
post #109
post #67

Earlier quoted context omitted.

The networking is the personal insurance policy by your cofounders against startup failure. The people connections built during networking events will land these cofounders leadership/management positions at other companies if and when startup fails instead of being unemployable or starting at the bottom. The founders, typically technical co-founders, that don't network has no such insurance in place and tend to go b…

The problem with this line of thinking is that smart companies: 1) Aren't going to hire somebody for a leadership position because they met them networking --- they are going to hire them based on merit 2) The people in charge of smart companies aren't at networking events because networking events are a waste of time Startups are a way to "level up" your career only because you can skip years of moving up a corporat…

"1) Aren't going to hire somebody for a leadership position because they met them networking --- they are going to hire them based on merit"

So even if that were true (which is questionable, at best), they won't hire you if you are not on their radar. One way to get on their radar? Know them / meet them.

Re: Jessica Livingston’s Pretty Complete List on How Not to Fail

#174
post #134

This is a great talk. While most of Jessica's advice is spot on for many startups, there are some special cases, namely enterprise software. Once an enterprise software startup has built its product, or even 70% of its product, you have to go to conferences. Conferences are where you meet your users, and enterprise software users and buyers are a hard group to target otherwise. Marketing and top-of-the-funnel sales h…

Here's my advice regarding conferences and events in general, out of experience running a enterprise software startup with a decent marketing budget:

- Most of large conferences and shows are not worthy it, especially the expensive ones that "everyone goes to". People are too overwhelmed, busy and disperse. So both branding and lead generation is ineffective.

- Mid-sized ones are better, I mean, the more targeted ones, which focus on a special professional-groups with only a few booths and a cozy space you can network like crazy.

- Always try/pay to get a speaker spot. Negotiate a deal so it's "included" in the price. That's what gives you most visibility, draws people to your booth and kicks off lots of conversations.

- Don't grab speaking slots right after meals (lunch usually), otherwise you'll get a drowsy audience.

- The opposite is true too. If you have a speaker slot, try to get a booth so attendees can find you to extend the conversation.

- Put up the largest screen you can get in your booth or stand, close to the edge, so that passers-by can stop without fear of being harassed.

- Try to get a booth close to the speaker/conference area so that you can quickly draw people into your booth. Here's a trick: have different slide decks, focused on each of the talks being given (prepared in advance) relating your tech with that subject matter. Then run your decks in synch with the talks. After listening to a talk (ie "Mobile app churn"), many people want to stay in the momentum, they'll be immediately interested if they see "Churn Management Strategies" in big letters on your booth's screen.

- Focus on demoing the technology continuously instead of approaching people asking if they'd like a demo. People stop by when they see you demoing to someone (even if it's an accomplice). They want to listen in, but they don't want to be sold to.

- Don't spend money on swag. People that come for swag just want swag (or food). But have something handy (ie. a simple card-seized mini brochure that's not bulky) so people that stop by to see your tech but don't want to interact have something to grab on to that has your website on.

- Alcohol, if the conference allows it, at the end of the day is actually a great weapon for hearing out your (potential) users. Offer beer at the booth or sponsor a happy-hour. Don't expect to get leads or do serious branding. And don't over do it! (like building a whole Vodka bar with DJ music at the booth). This is more about doing F2F and socializing with people that want to share a drink with you after you take off your salesperson/marketing mask.

- Have your local reseller/partner (or salesperson) in the booth with you, as co-sponsor. Not just for costs, but they can do a follow up locally much better than your marketing team.

- Rent the badge reader option, so you don't have to clumsy exchange emails or biz cards. Also works great with antisocial attendees that are just watching your deck from afar. That's an instant email distribution list for doing a great follow up.

- And don't forget about the follow up email. To all attendees, offer a post-conference webinar where the same content is discussed again so they can share the link with their colleagues saying "you should hear this talk".

Measure everything (cost vs. leads). Make sure you repeat at the good conferences and don't insist with the bad ones. Good marketing is all about consistency.

Re: Jessica Livingston’s Pretty Complete List on How Not to Fail

#175

I'm in the interesting position that I've built something that everybody needs, but nobody wants. I've built a product that manages the compliance process for the Big 5 (i.e. PCI-DSS, SSAE16-SOC2, HIPAA, ISO 27001, and FEDRAMP). My product, ComplianceChaos[1] competes with RSA Archer, Protiviti, Lockpath, Aruvio, and MetricStream. From my research, 80% of IT operations around the world can't confidently certify thems…

Awww no engineers here can enlighten me into how to turn Compliance into something people want (#1 rule in her post) :(

Re: Jessica Livingston’s Pretty Complete List on How Not to Fail

#176
post #14

It would be wonderful if these sorts of articles (which efficiently generalize advice based on thousands of data points) could back their assertions up with a few telling case studies. It's often too easy to nod sagely at advice like "don't loose focus" but not actually recognize the pathology in ourselves in our day to day lives.

Part of the problem is that the teams that lost focused probably quietly dissolved before they got to any of our attentions. (Maybe Yahoo?) Personally, I find that there's a simple question: Does this move the company, project, or team forward in a measurable way? If the answer is "No" then you need to take a long hard look at it and explicitly decide that it's either okay and then stop doing it (ideal) or limit it.…

Tangential, but your two questions struck me as isomorphic to computing the gradient and finding a maximum in the mathematical optimization sense. There to, there is a huge difference in the amount of work between the two: one is a for loop, one is nonpolynomial.

Re: Jessica Livingston’s Pretty Complete List on How Not to Fail

#177
post #174
post #134

This is a great talk. While most of Jessica's advice is spot on for many startups, there are some special cases, namely enterprise software. Once an enterprise software startup has built its product, or even 70% of its product, you have to go to conferences. Conferences are where you meet your users, and enterprise software users and buyers are a hard group to target otherwise. Marketing and top-of-the-funnel sales h…

Here's my advice regarding conferences and events in general, out of experience running a enterprise software startup with a decent marketing budget: - Most of large conferences and shows are not worthy it, especially the expensive ones that "everyone goes to". People are too overwhelmed, busy and disperse. So both branding and lead generation is ineffective. - Mid-sized ones are better, I mean, the more targeted one…

Wow, uh... I'm not in enterprise software right now, but if I were, I'd be asking you where I could send a check. This is fantastic advice. Thanks for sharing it!

Re: Jessica Livingston’s Pretty Complete List on How Not to Fail

#178

Yeesh. #2 hits close to home. I think I've asked this question but I found myself a cofounder with 2 others that prioritized too highly IMO coffee meetings with "investors", no name board advisors, expensive conferences, and basically everything on that list. My approach was to gently voice my concern and but also let them do it in the hopes they'd see how useless it was. The other thing that didn't help was I was th…

Twice in the past, I have been "the guy" that one of the investors brought in to walk around and do a look-see. Among my recommendations, one of them, both times, was to fire every top level manager that wasn't you. There is no reason that current and potential future investors can not be kept in the loop with a one-page email once a week or once a month.

Despite my personal record for failing to do so 5 times out of 10, the core recipe is not that hard: build a product that solve a problem that people would be willing to pay to have solved and get them to hit the "buy" button.

Re: Jessica Livingston’s Pretty Complete List on How Not to Fail

#179
post #109
post #67

Earlier quoted context omitted.

The networking is the personal insurance policy by your cofounders against startup failure. The people connections built during networking events will land these cofounders leadership/management positions at other companies if and when startup fails instead of being unemployable or starting at the bottom. The founders, typically technical co-founders, that don't network has no such insurance in place and tend to go b…

The problem with this line of thinking is that smart companies: 1) Aren't going to hire somebody for a leadership position because they met them networking --- they are going to hire them based on merit 2) The people in charge of smart companies aren't at networking events because networking events are a waste of time Startups are a way to "level up" your career only because you can skip years of moving up a corporat…

>is that smart companies

They are (probably correctly) betting that > 80% of the people they meet at these events aren't that smart. Birds of a feather and all that.

Re: Jessica Livingston’s Pretty Complete List on How Not to Fail

#180
post #89

as a 26yr old female Electrical Engineer getting involved with entrepreneurship and doing my own software startup, I agree there is too much controversy, talk and fear surrounding being a female in tech. Don't get me wrong, it is isolating in general but after working for two startups, one bought out by a foreign company and another now has billions in funding, doing software analytics on the trading floor through su…

>anecdotally I happen to be an extreme introvert, and the excessive socializing and advice or notion that if we have an environment where we can all be super girly like omg together is the vibe I get from alot of female focused events in tech. It's actually overwhelming and makes me feel more out of place than not. I'm just one more anecdote and a bit of a living edge case, but this has been painfully true for me as…

I'm assuming based on your use of pronouns that you are a "woman in tech" (if that is incorrect, please correct me). IF that is wrong, then my eventual stated question later is pointless, but I am forging ahead on that assumption...

I am an old white straight male. When I started out in my employed career - semiconductor design - Motorola - Tokyo Japan in the late 80s, I had to spend a year in the US for "training", but in both the US and Tokyo it was about 70%~80% males and 20%~30% females. Systems. Circuits. Layout. Fab. Prequal. I guess more females in layout, but ... in general that was about how it was.

We all worked together, raised barns together, drank together, went to funerals together. We were mates. Co-workers.

It wasn't until recently that I was told that this was wrong. That I needed to show more concern about female issues in a male dominated world. And maybe this is right - I don't know. I wasn't educated enough to know that treating a talented female engineering co-worker as a talented co-workers wasn't enough.

I guess my question is this: Is ignoring gender when interacting with co-workers wrong? Should I be doing something different when I interact with female co-workers?

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