Comments Off on Nashville Entrepreneurs Share Their Dumbest Decisions Ever0LikeLike 2,333
Nick Holland (L) and Marcus Whitney (R) talk about the dumbest thing they’ve ever done (photo: NMI 2013)
Failure and dumb decisions are part of every true entrepreneurs life. If an entrepreneur goes through life without any failures, anyone telling them their babies are ugly and any dumb decisions, they’re doing it wrong.
Thursday night at 3rd and Lindsley in Nasvhille as part of Southern Alpha’s Spark Nashville event, seasoned local entrepreneurs Nick Holland (CentreSource/Populr.me) and Marcus Whitney (CTO at MoonToast), shared their dumbest decisions.
Both guests looked surprised when Southern Alpha Editor In Chief Walker Duncan asked them to share their dumbest decisions, but the surprise on their face made everyone quickly realize that they were going to actually share their dumbest decisions.
Holland’s centers around his days growing CentreSource. He had a bunch of developers sitting around on the payroll and needed something to do. Holland wanted it to be something creative and something that could make them some money so he had the developers re-do any Nashville website they wanted. The hope was that the businesses who owned the sites they chose would throw money at CentreSource for the new design. What really happened made for a great story.
Whitney’s dumb decision is one that has been a source of constant debate the last four years I’ve personally attended SXSW (3 as Thedroidguy 1 with nibletz). I can only hope that startups out there heed Whitney’s advice, unfortunately with SXSW two weeks away, there’s going to be quite a few startups in Whitney’s shoes come March 12th.
Check out the video for some entertaining and enlightening stories.
Comments Off on 2 Of Nashville’s Startup Community Leaders Talk About The Yes Mentality0LikeLike 2,540
Southern Alpha’s Editor In Chief Walker Duncan (L), Nick Holland CEO of Populr.me, Marcus Whitney CTO Moontoast (photo: NMI 2013)
Thursday night was a big night for Nashville’s startup community. New online publication Southern Alpha, which covers high growth technology for the south east, held their inaugural Spark Nashville event. The event organized by Southern Alpha Marketing Director, Kelley Boothe and Editor in Chief, Walker Duncan, was a huge success.
Spark Nashville consisted of three main parts, a fire side chat with Duncan, a pitch contest for Tennessee startups and time for networking in a startup exhibition.
For this first event, Duncan had a fireside chat with community leaders Nick Holland and Marcus Whitney. Both men are seasoned entrepreneurs who’ve had measurable success with their own startups to date.
Holland was the founder of what is now one of the biggest agencies in Nashville CentreSource and Whitney began his career with Emma and eventually spun off and cofounded MoonToast, a social agency that has clients as big as Universal Music Group. Whitney was named the CTO of the year this year by the Nashville Technology Council.
Duncan had come up with some great questions for both guests who are now frequent mentors and advisors to budding young startups in the Nashville community. Holland has an open door policy with all entrepreneurs, a recognizable figure that stops and chats with anyone with an idea. Whitney is a managing director at JumpStart Foundry and a regular, accessible face at community events, as well as at the Entrepreneur Center.
While both guests talked about the struggle and how hard it is to start your own business, they also both talked about the importance of peer groups and finding people to say yes. Sure every entrepreneur wants to find the people that say yes, “yes we’ll write you a check”, “yes your idea is great”, “Yes we can sponsor you”. As you’ll see in the video it’s actually an important foundation in a successful startup community.
Both Holland and Whitney acknowledged that once you go out and prove yourself, roll up your sleeves and prove you’re not afraid to work hard, and not afraid to try, the yes’s get easier.
Holland likes to steer clear of negativity and people who resort to no rather than to hear an idea out. When someone pitches Holland on an idea for a project or an event, if he can wrap his head around it he’s looking for ways to say yes and get it moving rather than to say no. “When I get inspired by somebody it’s infectious and I do whatever I can to say yes”.
Early on in the video Whitney talks about his first experience pitching Holland. Nick had already had some success with CenterSource and Whitney was about to embark on the first BarCamp event, he went to Holland for $1,000 to sponsor. Whitney was a scrappy young and hungry entrepreneur with a great idea, and Holland said yes.
The duo have worked together to help bring Startup Weekend to Nashville as well. They also both support just about any cause or event that’s good for the startup community. When startup community leaders are this supportive it is infectious and the community builds.. wait for it.. organically.
Comments Off on Nashville: Jumpstart Foundry’s Marcus Whitney Named CTO Of The Year By Nashville Technology Council0LikeLike 2,332
(photo: marcuswhitney.com)
Marcus Whitney is a renaissance man of sorts when it comes to entrepreneurism and startups in Nashville and Boston Massachusetts. Some of his credentials include being an advisor and curriculum lead at Nashville’s Jumpstart Foundry accelerator where he traditionally fires up the troops on day one. He is also an advisor to several Nashville area startups, co-founder of Southernalpha.com and an overall leader in Nashville’s startup community.
It’s actually for his day job though, as the CTO of social marketing, commerce and analytics startup Moontoast that has earned him the title of CTO Of The Year by the Nashville Technology Council.
Moontoast was founded in 2008 as a social knowledge base provider that eventually led to the social marketing and analytics suite that they employ today to companies big and small including some on the Fortune 500. Their stable of top-shelf clients include branding power house Proctor & Gamble, Ford, Kirkland’s, and Universal. Even Nashville country powerhouse record label Big Machine records uses Moontoast, you may have heard of their superstar Taylor Swift.
Whitney has grown to become an expert in the world of social and email engagement. Prior to starting Moontoast in 2008 he spent the previous four years of his career as Director of Technology and Partner at Emma. Emma is an email marketing firm that uses creative, out of the box approaches, to again engage their over 10,000 customers.
Whitney’s energetic personality and real life experiences have led him to be engaging in person as well. In different discussions with Whitney we’ve talked about how he and his team at Jumpstart Foundry are able to pull the real entrepreneur and founder out of a startup. Some startups come into the three month accelerator program with a great idea and a horrible pitch. Whitney is able to pull the real message out which has actually led to follow on funding for several program startups.
Whitney’s latest startup is Southernalpha.com a regional tech blog focused on high growth potential startups and technology in the southeast. They’re centralizing out of Nashville at the moment with plans to rapidly expand across the south east in the same way that Silicon Prairie news covers the Silicon Prairie.
Whitney was honored at the annual Nasvhille Technology Council Awards on October 23.
Now in their third year the cohort based startup accelerator Jumpstart Foundry, in Nashville Tennessee has ironed out a lot of kinks. We got a chance to spend some time with Marcus Whitney a co-founder at Jumstart Foundry, who also serves as the accelerator’s Managing Director. Through each of the last three cohorts Whitney has spent the most day to day time with all of the classes.
Throughout the Jumpstart Foundry demo day the theme surrounding Whitney’s role was consistent. Whitney, while a great and likable guy, means business. He’s a serial entrepreneur himself who’s founded a handful of his own successful startups. That also means he knows the struggles first hand at what a founder and a founding team at a startup goes through. That’s why he’s one of the best possible people in Nashville to serve as Jumpstart Foundry’s Managing Director.
While a three month boot-camp style accelerator can be a fun and life enriching experience, Whitney is known for telling teams like it is and establishing the ground rules on day one. He’s also known for pushing entrepreneurs to their limit. As far as the program goes there’s no bs in the selection process. Whitney told us that they don’t take teams without a technologist. We’ve seen teams at accelerators all over the country who come with an idea guy, a business development guy and no developer or coder. Often these teams blow most of their seed money on outsourcing and barely have a product ready for demo day. One of the biggest things we noticed at Jumpstart Foundry’s demo day is that all seven teams had a product up and running. No wireframes, no mock ups, no business plans, every team had a working product you could go out on the internet and try right now.
We asked Whitney along with Baker Donelson’s Emerging Business Practice Chair, Chris Sloan, what team at the Jumpstart Foundry this year, was the most improved. They both unanimously and at the same exact time said PhotoRankr. In fact they both agreed that PhotoRankr captured the essence of what a cohort style accelerator program was all about.
Whitney talked about PhotoRankr’s day one pitch. Sloan, who is a pro-amateur photographer in his s
pare time recalled thatPhotoRankr’s pitch on day one included a slide show with no photos. Who does that? A photo platform slide show with no photos.
When Sloan introduced the PhotoRankr team on Thursday he spoke very proudly letting the audience know that not only was their pitch deck filled with photos, every photo in their slide show was procured from PhotoRankr.
So what is PhotoRankr, it’s an online community for photographers. It allows photographers to chat with one another, get advice, vote pictures up and down and the biggest part, it provides a platform to sell photos. As PhotoRankr co-founder Tyler Sniff pointed out in the presentation, the stock photo resources on the internet right now are relatively weak, most have had the same images for years and the ones with great photos are way too costly.
Now, someone looking for a photo for their website, book, magazine, movie or any other use can peruse the pages of PhotoRankr and find what they need. The photographers themselves set the prices for the photos, along with the licensing terms which typically means they will be fairly priced.
Sloan recently joined PhotoRankr and wasn’t sure what to expect. He had tried most of the other photo sharing services out there, but he was excited when he started receiving emails notifying him that people had liked his photos.
As for the team itself, they work and operate like a family. That could possibly be attributed to the fact that three of the four members of the founding team are actually brothers. Tyler serves as the company’s Head of Business Development. Their CEO is Jacob Sniff who will be graduating from Princeton this year. Their third brother Matthew Sniff serves as the company’s CEO. Noah Willard, a family friend, serves as the Creative Director.
Whitney said that one of the teams keys to success throughout the program was their reaction to criticism. Rather than being head strong and ego driven, the PhotoRankr team took every piece of criticism in stride, often asked questions about what their mentors were telling them, and then sought advice immediately after making changes.
From where we stand the biggest challenge for PhotoRankr is going to be exposing the features to the market place and what sets them apart from Flickr, Photo Bucket and that product formerly known as Picassa.
When you watch the pitch video below you’ll see what a great job PhotoRankr did during the Jumpstart Foundry program:
Kyle
