Chicago Announces 2013 Moxie Award Winners

BuiltinChicago, Chicago startups, startup awards, Moxie Awards

Built in Chicago held their second annual Moxie Awards on Thursday night at the swank Park West. Over 800 entrepreneurs, techies, and local dignitaries packed the ballroom for the awards, which highlight the city’s rapidly growing tech scene.

Chicago’s Mayor, Rahm Emanuel, who has been in the spotlight lately for his city’s climbing crime rate, took a break from the negative to highlight the positive. The event comes just a week before the national tech spotlight shines on Chicago Tech Week.

“The Chicago technology economy is vibrant and thriving,” said Mayor Emanuel, according to Built In Chicago. “The entrepreneurial spirit and innovation we see is creating jobs and opportunity now and will have an impact on the city for years to come. I look forward to working with all of these companies as they grow and evolve.”

Next week’s Tech Week event is expected to draw a crowd of a few thousand to Chicago’s Merchandise Mart, home to 1871. TechWeek will feature an exhibition area, several panels, and speakers including the creator of CRM, Mike Muhney, and the boisterous founder of MegaUpload, Kim Dotcom via video feed (Dotcom can not currently travel into the United States).

Here are the 2013 Moxie recipients, reported by Built In Chicago..

Best Consumer Web Startup: SpotHero

Best B2B Startup: Belly

Best Healthcare Startup: GiveForward

Best Education or Recruitment Startup: eSpark Learning

Mobile App of the Year: iAnnotate – Branchfire

Best Civic App: Chicago Bike Map App

Best Bootstrapped Startup: Branchfire

Best Startup Founders/Co-Founders: Marc Kiven, Mike Sands and Eric Lunt (BrightTag)

Best Service Provider: SurePayroll

Digital Agency of the Year: Rise Interactive

Mentor of the Year: Chuck Templeton (Impact Engine)

Investor of the Year: J.B. Pritzker (The Pritzker Group & New World Ventures)

Tech Woman of the Year: Shradha Agarwal (ContextMedia)

CTO of the Year: Harper Reed (Obama for America – 2012)

Best Beard: Jim Shea

Best Company Culture: Centro

Best Software Company: Sprout Social

Best Corporate Digital Innovation: Guaranteed Rate

Startup of the Year: Belly

Breakthrough Digital Company of the Year: Braintree

CEO of the Year: Mike Sands (BrightTag)

Nibletz is using Chicago startup Centup find out more here.

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Omaha Prepares For Inaugural Class At Straight Shot Accelerator

Straight Shot,Omaha startup, Jake Stutzman, Startup acceleratorOmaha Nebraska is no stranger to startups. Regional mega blog Silicon Prairie News is based there, and they’ve been holding the Big Omaha startup conference for the last five years. Earlier this month SPN welcomed even more startups to the Silicon Prairie with the announcement of the inaugural class of startups for the new cohort based accelerator program beginning July 8.

The accelerator has a focus on e-commerce with a variety of startups going through the first class. There are 14 founders in all and 7 startups. Four of the startups are from outside of Omaha and are starting to get settled in now before the fourth of July holiday.

According to SPN Hayneedle founder Mark Hasebroock is the brains behind Straight Shot.  In the early part of the new millennium Hasebroock helped found hammocks.com an online site to buy hammocks. He helped grow the company into Hayneedle, one of internets largest retailers of outdoor goods, decorative items and items for the home.

Hasebroock is now the Managing Partner for Dundee Venture Capital, the firm that’s backing Straight Shot. But Hasebroock didn’t want to just create a startup accelerator because it’s the in thing to do in 2013. He has set a goal of growing 100 viable companies throughout the next 10 years. Hasebroock is no stranger to the accelerator, he’s currently a mentor in 3 accelerators, The Brandery  in Cincinnati and Techstars Boulder and Chicago.

As with other accelerators, Straight Shot will be fueled by money, mentors and a mission to get the startups to an investible story by the end of the session. Local Omaha entrepreneurs are very excited about their newest entrepreneurial endeavor. Jake Stutzman the founder of elevate.co a local design firm that specializes in startups, is serving as a mentor for this first class and told nibletz.com that he’s been scoping out the startups and has already started informally working with some of the startups that are local to Omaha.

The program runs from July 8th to October 3rd and will culminate with an investor demo day at the end of the session. Straight Shot received 367 applications for it’s very first class. Silicon Prairie News reports that these are the startups selected:

CardioSys (Omaha)

“CardioSys is still developing the full SaaS model,” Larson said.

CardioSys combines advanced mobile and wireless technologies along with predictive analytics in order to provide a real-time monitoring platform for patients with acute or chronic illnesses.

Crateful (Omaha)

“Crateful still has further product development but they actually have active DJs who are utilizing the product they’ve developed,” Larson said.

Crateful uses advanced audio and data analytics techniques to make tools that help music enthusiasts with their No. 1 problem: finding the best music for the moment.

BuyNow (Omaha)

“BuyNow is out pitching, they have a trademarked product and are in the middle of their sales campaign,” Larson said.

BuyNow is a mobile-commerce app that enables consumers to instantly purchase advertised products/services off of any multimedia ad by sending an SMS text message.

Huntforce (Louisville, Ken.)

“Huntforce is currently in the prototype phase for a hardware component that it’s developing,” Larson said.

With HuntForce, hunters can view, organize, manage and share photos of their property and game from their mobile devices.

Cosmic Cart (Durham, N.C.)

“Cosmic cart has signed up retailers, actually active publishers and has some commerce that’s being transacted,” Larson said.

Cosmic Cart adds convenience and security to online shopping by allowing users to add products into one shopping cart from anywhere online.

Cympel (pronounced “simple”) (Minneapolis, Minn.)

“Cympel has had pilot companies and is in final product development stages,” Larson said.

Cympel delivers interactive advertisements and the ability for a customer to immediately purchase the product without redirection.

Business Exchange (San Francisco, Calif.)

Through the Business Exchange platform, businesses can provide feedback, insight, recommendations, reviews and ratings to one another based on real-world transactions.

This startup conference is all about startups everywhere else. Do you have our ticket?

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Truckily Connects Food Trucks & Fans, Closes Seed Round

Truckily, Kansas startup, Ark Challenge, startup, accelerator, fund raisingFood trucks are becoming popular in cities across the nation. Hot food–often gourmet–out of a truck? What’s not to love?

Well, for one thing, you can never find them. Seriously, never. No matter how closely you watch Twitter or Facebook, you always seem to just miss the truck you’re craving.

That’s what happened to Truckily cofounders Derek Kean and Matthew Berkland on a trip to San Francisco. Their frustration with downloading several apps, watching trucks drive by, and STILL not being in the right place at the right time led them to dream up a one-app stop for food trucks and their fans.

Enter Truckily. For $30 a month, trucks can use the service to update their location just once. Then, the new location appears on the Truckily map, Twitter, Facebook, and Foursquare. The app is free for users, and when they open it up, they see a map of where all the food trucks are parked.

We talked with Truckily back in September. They were fresh from their time with the ARK Challenge and credited that experience with the ability to focus on the business and make important connections. At that point, their next step was to raise funding to continue building their product.

Now, according to Silicon Prairie News, they’ve done it. This month Truckily closed a seed round of $120,000. The round includes Gravity Ventures and Kea Ventures. The money is technically invested in RTF Logic, but the founders will use it to build out the Truckily platform.

Cofounder Derek Kean gave Silicon Prairie News a hint about what they’ll do with their new funding.

Once our team is comfortable with our progress, we will begin expanding the platform into other areas that are currently identified, while keeping our ears open for markets that are open for growth. We are ramping up our efforts once we iron out any remaining ‘face-palm’ errors.

When Truckily launched its public beta for iOS in April, they focused on the Midwest. According to their blog, they are also seeking to expand into the Minneapolis/St. Paul area. They hope to be available for Android by the end of the summer.

You can check Truckily on their website.

Learn to Pitch BEFORE You Start Raising Capital

Dr. Tony Ratliff - tonyratliff.comIt only took about six months of deal flow and a handful of “pitches” before I realized that most entrepreneurs are really, really bad at “selling themselves” and “pitching” their ideas and companies to investors.

I cringe every time I listen to a great start-up idea or read a well-written executive summary, and then watch in horror as the founder stumbles and trips throughout the “pitch.”  So many good ideas and businesses never get funding and/or fail to receive the benefits of a properly funded startup – all because of a poor presentation during the “pitch.”

The sad part is that as I’m sitting there taking notes, I’m thinking to myself, if only I could have spent a few hours with this poor guy or gal BEFORE his/her presentation. We could have highlighted “this or that,” deleted a whole section here, added more about “this” and not talked about “that” –then they probably would have at least gotten a second look and due diligence follow-up.

This is not the only way to give a “pitch,” but hopefully it will help improve your presentation and increase your chances of obtaining funds.  By following these eight simple suggestions you’ll be setting yourself apart from the other poor “pitches.”

1. Tell us what you do in as few words as possible.

Maybe it’s me, but it seems like most Angels and VCs are people with type “A” personalities. We have short attention spans and don’t like to waste time. Give us the “short version,” and if or when we ask questions, then you can provide us with more details. The first thing we want to do is understand what it is that you do – in plain and simple English. Next on the list, we want to know what problem you solve and why your solution is important to your customer.

2. What’s the plan? How does it scale?

As investors, we aren’t always interested in your product, but we are interested in “returns.” Your mission statement is important to me, but what is really rolling around in my head while you’re up there giving us the “pitch” is: Will this work? Is this the right guy/gal for the job? How much money will we be able to make when we sell our shares? Does this thing scale? Explain to me how you are going to market and grow the business. Most investors are in it to make a profit, and if your business doesn’t scale, it probably won’t be very profitable. I’m not interested.

3. Talk about the team.

This is very important to investors. Don’t just put up a slide of your team and their past job experiences. Tell us why you’ve assembled this team for this opportunity and highlight your expertise. We know everyone has to start somewhere. Personally, I like to see and hear your passion about the product. Because, I know that passionate people find ways to get things done when they hit the “bumps in the road,” and there will always be “bumps” along the startup highway. Startups are hard; passionate people can make it over the “bumps”.

4. What’s your go-to-market strategy?

Your great idea is useless if no one hears about it or knows it even exists. So many people spend time developing a great product, only to find out no one wants it. How are you going to get it into the hands of your customers? What is your Marketing plan? What is your customer acquisition cost? Do you have any sales channels besides your sales team?

5. What is your competitive advantage?

Chances are that you’re not the first person to see this problem and offer a solution. There are probably about 28 people working on the exact same problem in some form or another. As VCs, we have probably heard a “similar” pitch within the last several months, if not weeks. More often than not, it’s not about the idea, but about “execution of that idea” that we are all betting on. Tell us “what it is” that your team brings to the table that can help you out-execute your competition – your IP, your marketing advantage, your knowledge or your network?

6. Let us touch and feel your product.

A short demo or actual product sample is really key. I want to use it, at least see it. Is it simple? Does it solve your customer’s problem? Is it easy to use from a user’s point of view? We don’t need to understand all the features or really any of the code – I just want to know that it’s clean, works and is simple to use. It’s hard to invest in things that look too complicated and things we can’t fully understand.

7. Expose your weaknesses before we do.

Successful people understand their strengths and weaknesses. Go ahead and acknowledge your weaknesses because I guarantee that everyone in the room is asking themselves: What is it that I don’t like about this? Where are the holes in this plan? What’s holding me back from investing in these people? Does this team have what it takes? Let us know about the risks you see moving forward and tell us how you plan to handle them. Be honest.

8. Show us the FINANCIALS.

It’s hard to forecast projections for an early stage company, but show us what you’ve got; we know they’re probably wrong anyway. Explain what it will take to double or triple the sales and what kind of timeframe you will need to accomplish this. We also want to know your “breakeven” numbers. Plus, as investors we don’t particularly like to see the funds going to Founder salaries; we want you spending money in marketing, development, and sales. Oh, and make sure you tell us how much money you are trying to raise. What’s the Ask?

This isn’t the only way to get funded, but I hope it helps. If you nail these 8 key points in the “pitch” and can answer some basic questions about your product, valuation, and your competition, you’ll have a much better chance of raising funds and building your awesome company.

Dr. Tony Ratliff is a dad, dentist, entrepreneur and investor in the Indianapolis Start-up Community. He practices dentistry throughout the week, but has a passion for angel investing, business strategies, technology and start-ups. You can follow him @drtonyratliff or check out his blog Venture Capital, Start-ups and Dentistry.

Montana Tops Nationwide Startup Index

Montana, Kauffman Foundation, Startups

When Big Bang Theory‘s Sheldon Cooper ran off to Bozeman Montana in an episode where his apartment had been broken into, he may have been onto something. Cooper very quickly abandoned the idea of staying in Bozeman, but according to the latest Kaufman Index of Entrepreneurial Activity, Montana is a hub of technology startup activity.

CNN Money reported on Monday that Montana topped the latest Kaufman report highlighting startup activity nationwide.

In the previous year Montana had ranked 17, but in 2012 they moved up to the number one spot with 530 startups per 100,000 adults. According to the report many startups are sprouting up near Bakken fields in support of it’s oil industry.

Montana State University is a driving technology hub of activity in Bozeman, Montana, where startups have found funding opportunities and incubators.

With a little help from startup guru Brad Feld, Montana held their first Startup Weekend event back in December in Missoula, Montana. We also got to meet Sri Vellanki, a Montana woman who abandoned her career to launch a startup called TechTips, which was featured in the Eureka Park section of the International Consumer Electronics Show (CES) back in January.

Entrepreneurs are attracted to Montana because it has no local sales tax and a low cost of living.

Check out this Florida startup which can tell you how high you jumped.

EE-FORENTREPRENEURS

Canadian Startup SpotSquad: Crowdsourced Parking Vigilantes

SpotSquad, Canadian startup,startup

The “crowd” has been used for a variety of things in the startup world lately. There are startups utilizing the crowd to find the best restaurants, events, websites, and even parking spaces.

We got the chance to talk with Berlin startup ParkTag in May during TechCrunch Disrupt NY 2013. Their company uses the crowd, or rather a peer-to-peer platform, to help people police themselves and find parking spots.

Now we’ve heard about Canadian startup SpotSquad that is using the crowd to snitch on people who are illegally parked. Of course it’s frustrating to find someone double parked outside the mall or the local WalMart. It can even be frustrating seeing someone with a nice car, and two perfectly working legs, park in a handicapped parking spot.

SpotSquad, developed by a 10 person team in Winnipeg Canada, is an app that allows vigilantes with a smartphone to report people who are illegally parked. What’s in it for these good Samaritans? Well, according to the Daily Mail, the people  who report these traffic violators will receive a portion of the fines collected.

How does it work?

The DailyMail reports that users with the SpotSquad app installed will take a picture of the violating car. The picture is then tagged with a GPS location. The reporter then assigns the picture a violation, and it’s uploaded to authorities. The reporter and SpotSquad will get a portion of the fee collected. As reporters report more and more violators, their cut of the fees will increase and their ranking will increase within the system from Private to General.

The company plans to begin a beta test of the app next month in Winnipeg.

Find out more here at SpotSquad’s website

 

This Canadian startup has a new way to display brands for marketers.

serious

MassChallenge Startup ZoomTilt Announces New Analytics Product

Zoomtilt, MassChallenge, TechstarsAnna Callahan is a bad-ass startup chick. First she was a hackstar for Techstars Boston, but she got the startup bug herself and decided to apply to Boston’s other mega-huge startup accelerator, MassChallenge. It was there that she grew her startup ZoomTilt, which was named a finalist in last year’s MassChallenge program.

But what is ZoomTilt?

Well, think 99designs for film. Callahan loves film making; in fact it was reading a script while working as a Techstars hackstar that made her decide to take the plunge and launch her own innovative idea. The idea: link filmmakers to people who want to build a brand using short films, mini TV shows if you will.  If you’ve got a brand and want to see film and TV stars in a video featuring your product, ZoomTilt is the answer. If you want to have an engaging YouTube miniseries or Facebook page video series that highlights your brand, ZoomTilt is the answer.

Callahan tells Nibletz that they’ve got hundreds of filmmakers waiting for the chance to work on your brand’s short video project. By leveraging the talent and creativity within their network ZoomTilt is able to offer unparalleled engaging video marketing solutions without a gigantic budget.

Callahan joined forces with cofounder Chris Bolman and ditched their first name, CrewTide, which Callahan says made people think they sold nautical supplies. Then they hunkered down over the summer as one of the 125 startups in MassChallenge and emerged as a finalist.

On Wednesday Zoomtilt announced ZoomTilt Analytics. It’s the first of its kind A/B testing platform for video.“The information our analytics will provide for brands, agencies, media companies, and content creators will allow [them] to make better audience targeted content, quickly identify areas to improve upon allowing for [their] videos to be more effective, engaging and shareable,”  Bolman said in a statement.

zoomtilt1 ZoomTiltanalyticsscreen

The software allows for the online video marketing community to lessen the pressure to create a video that will “go viral” and increase their video marketing return on investment (ROI). ZoomTilt Analytics makes this possible by generating fast feedback directly from target audience members.

Callahan adds: “When using video on the web, [advertisers] must create entertainment – too much money is spent on videos that get low viewership and have no impact. Our analytics tools help you understand which of your videos really engages your target audience. With this you can make better decisions about which videos are right for you to promote.”

ZoomTilt has been helping brands obtain affordable, crowdsourced content from independent filmmakers since early 2012. Besides being a 2012 MassChallenge finalist, they were also members of the 2013 Betaspring class and participated in the 2013 SXSW Interactive Accelerator, where they were featured as a finalist in the entertainment and gaming industry.

You can check out the ZoomTilt dashboard here.

 

Now read what Drive Capital’s Mark Kvamme thinks about the Brandery.

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22-Year-Old New York Entrepreneur Launches EdTech Startup In London, Raises $1.7M

Mobento, UK startup, Venture Capital, Seed Round22-year-old Summer Murphy created a video library startup with access to thousands of curated educational videos on a variety of topics. Unlike many entrepreneurs, though, this native New Yorker decided that he wanted to see if his luck would fare better across the pond in the TechCity incubator in London.

Growth Business UK reports that it has. Murphy’s startup Mobento has raised $1.7 million, which has been reported as the biggest investment for any education-focused tech startup in the UK. It’s also been reported that it was one of the biggest seed rounds of any UK tech startup.

Murphy told The Next Web that the company would use the money to grow the business and bring “educational technology up to speed with the advances made elsewhere in business, social networks, and mobile”.

When talking about the platform itself, Murphy told Growth Business UK : “It slots right into the behaviour and customs of contemporary students and is a democratising and liberating force within education because it enables the world’s best educators to reach out to students all over the world.”

New York has a thriving startup community, so relocating to London to launch Mobento was a testament to Tech City. “Mobento’s decision to base themselves here is further proof that Tech City is the ideal location to scale and grow a successful digital business. Quick access to Europe and our heritage of creativity and innovation make London attractive for digital media and tech companies. Whilst the blend of creativity and innovation that exists in East London with easy access to the financial centre of the City is also a major advantage,” Benjamin Southworth, deputy CEO of Tech City, said.

Check out Mobento at mobento.com

Check out this infographic, a programmer’s guide to getting hired by a startup

EE-FORENTREPRENEURS

Brooklyn Startup Makerbot Acquired in $604 Million Dollar Deal

Makerbot, Stratasys, New York startup, acquisitionMakerbot, the Brooklyn startup that came on the scene in 2009 and made 3D printing a household name, has been acquired in a $604 million dollar deal.

Makerbot developed the first desktop 3D printer, dubbed the “Makerbot” and quickly sold out of the initial 20 printers they had ordered. Fast forward to just two weeks ago, the company opened up a 50,000 square foot factory in Brooklyn’s Sunset Park. In addition to the 3D printers, Makerbot has a consumer facing web platform called Thingiverse that allows people to upload their 3d printer plans and have them printed by the company.

Almost immediately after the opening of the new factory rumors started swirling that Makerbot had put themselves on the market. This afternoon those plans materialized with the announcement that industrial 3d printing giant, Stratasys, acquired the company in a deal worth up to $604 million dollars.

Many tech sites, including CNet, reported earlier in the day that the all stock deal was worth $430 million howeverThe Verge reports that the initial 2/3 of the deal would happen when the deal closes with the remaining 1/3 of the deal contingent on Makerbot’s performance.

Stratasys has been a mainstay in the industrial 3d printing space. While their printers print molds and parts for several industries, they came into light earlier this year when Defense Distributed used one of their high end printers to print a 3D gun that actually worked.

3D printing continues to explode. While the original Makerbot desktop printer sold for over $2,000, back in April there was a desktop 3d printer featured in the SkyMall magazine for under $1000. We saw that advertisement on the way to TechCrunch Disrupt NY 2013 where we got a chance to see 3DLT pitch their platform which is like 99 designs for 3D templates.

Makerbot is also working on a 3d scanner so that users can scan objects and then print them using a Makerbot printer.

This acquisition will give Stratasys a firm footing in the consumer 3D printing space. Early adopters are seeing an approaching time when people will be able to print shoes, sunglasses, cups, bowls and just about any household item from their home. 3D printing could end up being the alternative to same day delivery from giant retailers like Walmart, at least for goods that can be 3d printed.

Just last month NY had another huge exit with Tumblr.

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StartCo & FedEx Institute Of Technology Bringing NewMe To Memphis, Discount Codes Available

NewMe Accelerator, Memphis, Startco,FedEx Institute Of TechnologyThe NewMe accelerator program is a critically acclaimed accelerator in San Francisco that specifically targets women and minority startups and founders. They launched their Silicon Valley program in June of 2011, and recently announced an abbreviated “pop up” accelerator tour, coming to cities across the country.

The NewMe pop accelerator will make it’s way to Memphis June 28-30 and be housed at the FedEx Institue of Technology, on the campus of the University of Memphis.

The three-night event June 28-30 features one-on-one coaching from NewME experts, a two-part workshop titled “The Art of the Pitch” that will provide the secrets to a perfect pitch and standing out among other founders. The weekend culminates with “Demo Day,” a night where startups will network with key players in Memphis’ tech scene, special guests from Silicon Valley, and ultimately pitch their idea to a panel of judges that consists of local and Silicon Valley investors.

They’ve already held the pop up program in Miami and Washington DC. In fact, Zoobean, the Washington DC pop up winner, has closed a $500,000 seed round led by Mitch Kapor.

In addition to Memphis Tennessee, the NewMe Popup accelerator will also be held in Detroit, Chicago, Atlanta, Durham, Austin, New York, Kansas City, Los Angeles and Oakland.

Participants in the NewMe popup accelerator in Memphis, or on any other city stop will get one-on-one coaching from Silicon Valley business leaders, hands on workshops, and the opportunity to pitch their idea to local and Valley-based investors with the chance to win $45,000 worth of prizes from our sponsors and the opportunity to participate in the NewME Accelerator in San Francisco.

“We’re excited about NewME’s mission and the important work they are doing to accelerate entrepreneurs across the country. Our mission with Google for Entrepreneurs is to grow entrepreneurial communities and equip them with the resources and technology they need to tackle big ideas and build amazing companies,” said Mary Grove, Director of Global Entrepreneurship Outreach at Google one of the key sponsors for the NewMe Accelerator. “We’re truly excited to be teaming up with NewME to bring this series to Memphis and can’t wait to see the big ideas that come from the teams here.”

Start Co. is eager to welcome NewME to Memphis. “We’re excited that Memphis was  selected for this exclusive opportunity,” said co-president and CEO Eric Mathews. “It’s a privilege to participate as their local community partner.”

Find out more and register here for the NewMe popup accelerator in Memphis.

Use discount code MEMPHISEDU for huge discount

Are you working on your pitch deck? Check out this Pop!

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NY Emotional Commerce Startup Fab Raises $150 Million At A $1 Billion Valuation

Fab, NY startup, fundraising

We’ve seen some crazy venture funding, and even crazier valuations, lately. We’ve even some some crazy acquisitions like the $1 billion dollar Tumblr deal.

Unlike some of these other deals though, Fab, a startup that CEO Jason Goldberg calls “emotional commerce,” has customers, revenue, and a big plan for all of the money they just raised. How much was that? Well according to multiple sources the New York based startup raised $150 million dollars at a $1 billion dollar valuation. What’s more is that TechCrunch is reporting Fab has another $100 million dollars on the way.

Investors in Fab’s recent deal included Andreessen Horowitz and Atomico.  New investor, Chinese firm, TenCent is also reported in the deal. This latest round brings their total venture funding up to $310 million.

Why on earth does an e-commerce site need so much money? Well the folks at GigaOm got a hold of this excerpt from a blog post Goldberg plans to post next week.

“Fab is focused on the long term. We are focused on creating “Wow!” shopping experiences that will result in customers making 20+ purchases from Fab within a couple of years. We are focused on being the global brand that represents emotional commerce for decades to come. Fab is not about a single transaction. Fab is about creating Wow! experiences in everything we do, from the unique merchandise we offer, to the user experience on our website and mobile apps, to fast delivery and a delightful out-of-box experience, to the follow-on customer service. We truly believe that it takes investing in Wow! in order to build the next $10B+ E-commerce company, and that’s what we’re doing.”

You can check out Fab here

 

EE-FORENTREPRENEURS.

 

Florida Startup World Housing Solution, Quick, Strong And Green!

World Housing Solution, Orlando Startup, Florida startup,startup interview, startup video, SouthlandI gotta tell you, one of the most interesting startups I’ve seen at a startup conference is World Housing Solution. This Orlando based startup has created a way of making extremely strong, quick to build shelters out of Structural Insulated Composite Panels.  The company’s founder, Ron Ben-Zeev tells us that SICPs, are like a super strong sandwich made out of fiberglass bread and a foam center.  Ben-Zeev and his team have found a way to quickly and effectively use this material for shelter.

The SICPs make World Housing Solution shelters great for emergency needs like the aftermath of a natural disaster. They are also great for deploying in emerging countries. For instance, the scale model of the structure they showed off at Southland is actually being deployed to the horn of Africa as a hospital for women. That project calls for five of WHS’s structures to function as a maternity ward, delivery room, clinic, kitchen and rest rooms. In this case the structures deployed will be permanent but it will take days rater than weeks, months or years to get the hospital off the ground.

In addition to being extremely quick to set up the WHS shelters are hurricane resistant (up to 155mph), earthquake resistant (up to 7.8 richter), they don’t mold, mildew or rot, they’re fire resistant and bullet proof. Ultimately this makes the WHS shelters ideal for fast implementation in civilian, government and military installations.

Although he has no formal “construction” experience, Ben-Zeev is actually a Wharton educated executive with a background involving strategic consulting for Fortune 100 and 500 companies. He also served as Strategic Counsel to the North American CEO and President of Siemens Information Systems.

Check out our interview with Ben-Zeev in the video below. For more information visit worldhousingsolution.com

Here’s more of our coverage from Southland in Nashville Tennessee.

EE-FORENTREPRENEURS 

 

Meet The Man Behind NY Dress Startup BlueGala

Bluegala, NY startup,startup interview, Guest Post, YECJosh Weiss is the Founder and President of Bluegala, an online retailer of prom dresses, evening, party, and cocktail dresses. Previously, he worked for Lehman Brothers as a High Yield Credit Research Analyst. Josh graduated from the University of Virginia with a B.S. in Commerce with a concentration in Finance. Follow him @bluegala.

Who is your hero? 

Steve Jobs.

What’s the single best piece of business advice that helped shape who you are as an entrepreneur today, and why?

Match and exceed. Always keep a close watch on your competitors and make sure to match and exceed them in everything they do.

What’s the biggest mistake you ever made in your business, and what did you learn from it that others can learn from too?

When we first launched Bluegala, we placed a large order for lower-priced dresses before doing any research to see if we could actually compete in the market selling them. In hindsight, we should have placed a smaller order and tested the waters with a small PPC campaign. The lesson learned is to walk before you run and test everything.

sneakertacoWhat do you do during the first hour of your business day and why?

Check orders from overnight and go through the previous day in Google Analytics. I do this to keep a handle on what’s selling and if there are any issues. Google Analytics helps me to constantly get a sense of where our traffic/sales are coming from and if there are any red flags causing consumers to bounce off the site.

What’s your best financial/cash-flow related tip for entrepreneurs just getting started? 

Bootstrap your business for as long as you can and try to scale it from there. If you eventually need money, you want the business to be as profitable as possible to get the best valuation, and you want to hold onto the most equity you can.

Quick: What’s ONE thing you recommend ALL aspiring or current entrepreneurs do right now to take their biz to the next level?

Dive into your analytics. If you don’t know what to look for, there are tons of books and blogs that can point you in the right direction.

What’s your definition of success? How will you know when you’ve finally “succeeded” in your business?

I define success as being one of the dominant players (if not the most dominant) within a certain industry or niche. Success is accomplishing what others were unable to accomplish and thriving where others have failed.

I will know my business has succeeded when Bluegala is the go-to resource for social occasion gowns. We have had a lot of growth since our founding in 2009, but there is still a long way to go before we establish dominance in the sector. Each year that passes allows us to learn more and more about what it will take to establish dominance and I am confident we will get there eventually.

The Young Entrepreneur Council (YEC) is an invite-only organization comprised of the world’s most promising young entrepreneurs. In partnership with Citi, the YEC recently launched #StartupLab, a free virtual mentorship program that helps millions of entrepreneurs start and grow businesses via live video chats, an expert content library and email lessons.

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The Failure Of Startups In An Infographic By Staff.com

We all know that startups are up against a stacked deck. Depending on your source, startups fail at rate of anywhere form 70% – 90%. Startup founders are often big risk takers and know that to get their idea to the masses, it’s going to take hard work.

The folks at staff.com have released the infographic below that, while bright and colorful, paints a dark picture for people who consider themselves entrepreneurial and venture out on their own.

The timing of the infographic is a bit convenient as well. Just Saturday we published an infographic from our friends at oDesk highlighting that 72% of people with “real jobs” want to quit and be entirely independent. Further, 61% say they’re likely to quit within 2 years.

oDesk is a platform connecting free-lancers with any background to those needing workers. oDesk is enabling startups across the globe to stay in their hometowns by offering remote workers from developers and designers to administrative professionals.  Naturally, the lifeline of oDesk’s business is people working for themselves. oDesk is a huge resource for startups and entrepreneurs. They are also a good friend to startups “everywhere else”

Staff.com on the other hand, is a much more traditional firm. They help match employers with employees, so the lifeblood of their business is to keep people in traditional positions. No fault there; people have to work.

We all know “stats” can be skewed. Which infographic do you resonate with more?

 

Staff.com, odesk, everywhereelse, startups,entrepreneurs

 

Check out this advice for startups everywhere else from oDesk CEO Gary Swart

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