Create the Work-Life Balance That’s Right for You

Work Life Balance, startups, startup tips, guest post, YEC

As a time coach, I talk to people who want to live a more balanced life on a daily basis—including startup founders. It can be a struggle, but my real-world experience has uncovered that founders can achieve work-life balance IF all five of the following conditions are met:

  1. You Want It: Not everyone wants traditional work-life balance, typically meaning that you have enough time for basic self-care like sleep, exercise and nutrition and a connection with key people like friends and family members. Instead, as a time coach, I focus on trying to help entrepreneurs achieve their definition of work-life brilliance – meaning your time investment aligns with your priorities. However, I can’t bring about lasting behavioral change if you don’t intrinsically want it.
  2. You Believe It: To have true work-life balance, you need to not only believe it’s possible in a theoretical sense, but also believe it’s possible personally for you. In my experience, this belief comes from a combination of seeing an entrepreneur whom you relate to experiencing work-life balance and/or starting to attempt it yourself and witnessing positive results. Without a sense of hope, it’s nearly impossible to stick it out through the uncomfortable process of breaking old habits and forming new ones. To make it through this difficult withdrawal stage, you need to have faith that the changes will really pay off in the end.
  3. You Value It: We have a limited amount of time each day, and how we invest it determines what kind of life we create. Work-life balance comes at a professional cost for most people, but especially for founders. The choice to invest in activities outside of work may mean that you can’t start certain types of businesses, take on specific categories of funding, work with particular clients, or expand at as rapid a pace. For those who highly value life outside of work, these macro-level decisions that give them the opportunity to live a balanced life are worth the potential cost and risk to their business.
  4. You Know How: Many people want, believe in, and value work-life balance, but they just don’t know how to change. If you’ve always seen startup founders work crazy hours, you don’t have good role models to show you how to behave in a balanced manner. And it’s hard to know how to think and act differently if you’ve always operated in one way. As the quote often attributed to Einstein goes: “The definition of insanity is doing the same thing over and over again and expecting different results.”
  5. You Can: After working with clients around the world with many different personality types, including some with ADD/ADHD, I believe that almost anyone who meets the above four criteria can see improvement in their work-life balance. But for people who thrive in high-pressure environments, achieving traditional work-life balance and moving their company forward effectively may or may not be possible to the same extent as others.

For individuals who fit this profile, the best strategy is to clarify action-based priorities in key areas. This includes things like seven hours of sleep a night, working out five days a week, or having family dinner six days a week. Then you need to focus on making these priorities into routines that allow them to consistently invest their time in these core areas while still keeping up a fairly high level of intensity in your work during the remaining hours.

Work-life balance is possible for founders who meet the above five criteria, but for those who don’t, it’s not.

Elizabeth Grace Saunders is the founder and CEO of Real Life E®, a time coaching and training company, and the author ofThe 3 Secrets to Effective Time Investment: How to Achieve More Success With Less Stress.”

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 Biggest Student Run Hackathon Is Back! Hack In The Big House!

Mhacks, University of Michigan, startups, hackathons

Last February 500 students got together at the Palmer Commons on the campus of the University of Michigan for a hackathon. Michigan Hackers and MPowered, two student groups on campus, put together the hackathon which Forbes called the largest student-run hackathon.

The February event was inspired by a similar hackathon on the campus of Penn State called PennApps. David Fontenot, the director of MHacks, attended the Penn State gathering and wanted to hold something similar in Ann Arbor.  The February event spurred 125 hacks, which did in fact make it the largest student run hackathon.

mhacksIn September, the hackathon returns to the University of Michigan, and this time they’re making it much, much bigger. For starters they’ve changed venues and moved the hackathon to Michigan’s football stadium “The Big House.” The hackers, who are welcome won’t be hacking on the field but in the luxury suites on top of the stands. Organizers do promise fun activities on the field itself.

They’re picking up the hacks as well. 125 hacks was quite a feat, but at the September event they plan on having over 1000 hacks.

Students from any college are welcome, and the organizers at U of M have extended invitations to 100 universities in surrounding areas. They are sponsoring buses from surrounding colleges, making travel to the hackathon free. If a student hacker wants to attend and hack at MHacks and there’s no bus in their area, MHacks will provide a $200 travel stipend. There will be plenty of caffeine, and all six meals will be provided free of charge.  Undergraduate students from anywhere in the world are welcome to participate, and they will make exceptions for some high school students and graduate students.

Student teams can have up to 4 members and there is no limit on the amount of student teams. Teams can hack together whatever they want. They just can’t work on an existing or previous project.

MHacks will be held September 20-22nd (Friday night through Sunday morning). You can register here for free!

A week later in Cincinnati, is this epic startup event…

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Great Examples Of Good Tech Companies Destroyed After Being Acquired?

Startups, Acquisitions, dead acquisitionsBusinesses buy out other businesses. It’s a dog-eat-dog world out there, and acquisitions are part of the grand game of business baccarat. Amongst the main benefits of an acquisition are:

 

  • Increased plant capacity
  • Product diversification
  • Reduced financial risk
  • Bigger share of the market
  • Acquisition of research, development and market expertise

 

If all goes according to plan, the newly acquired company ought to increase in value as investors see cost savings and revenue increases ensue.

 

But it doesn’t always go according to plan. There are often problems that only become apparent after the deal has gone through. Integration plans can be demolished by white collar turf wars and culture clashes. Brand dilution, incompatible processes and systems and lack of knowledge about the acquired company’s business methodology can all have an impact in the successful marriage of two corporations. Such failings may have an irreversible impact on shareholder value and see the stock price of the acquiring organization plummet. The ship sinks with all hands, and there’s not a lifeboat to be seen.

 

It’s a particular problem in the world of dotcoms. Corporate quicksand lies in wait to suck even the most seemingly healthy companies to their doom. Here are just a few examples of the good tech companies that have gone bust following their acquisition.

 

sixdegrees.com

This was the original social networking site and granddaddy of them all. Andrew Weinreich founded the company in New York while the dotcom boom was rumbling on, and it was later taken over by Youthstream for over $130million in stock. Within six months it was shut down. The legacy of sixdegrees however was awareness of the vast potential of social networking, and the likes of Linkedin and other SN platforms took up the baton and ran with it.

 

Danger

Danger was the creator of the T-Mobile Sidekick. Microsoft acquired the company in 2008. They actually prototyped a new product but then completely scrapped the development and platform in favour of the Windows Phone 7, leaving the product team in, as they say, a right old mess amidst a flurry of contradictory goals. The Kin was eventually launched and proved a total flop, and the original development team was dispersed to the tech winds. Just to finish the demolition job off, Microsoft shortly afterwards lost just about all of its Sidekick customer data late in 1999.

Lala

Apple bought up Lala, an online music store, for over $80million in December 2009 and a few months later shut the site down. They seem to have done nothing with the acquired technology and nor have they replaced it.

Goowy Media

Goowy Media, a Californian-based widget software firm, was acquired by AOL/Time Warner in 2008 and everything was fine until AOL split off from TW, when everything went haywire. According to Goowy staff, the TW staff whose office they shared barely acknowledged their presence and they were not assigned work for long periods of time. About a year after the acquisition Goowy was shut down, despite having a basically good product.

Flawed system

It’s worth mentioning that acquisitions and mergers often fail because of a focus on short-term gains by the acquiring company. What they’re mainly interested in is seeing the acquisition run smoothly and after that they often don’t much care about how the acquired company performs. This attitude seems to be inherent in the business world and may often be the fault of no one in particular.

 

Author:
Carlo Pandian worked at Adzuna, a tech start-up based in London. He is currently writing a tutorial on QuickBooks (accounting software for entrepreneurs), and has previously published for Techli, Killer Startups and Under30CEO. Connect with him on Twitter @carlopandian.

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Where to Find a Startup Job (Infographic)

If you read Nibletz, you’re probably interested in startup culture. You are learning about VC’s, lean methodology, exits, and IPOs. You may even have a niggling idea for a great company.

But, what if you aren’t quite ready to dive in to founding yet? This happened to me a little less than a year ago, and it’s how I met the Nibletz team. I had an idea, met with a local startup leader, started doing customer discovery and…it went flat. In my case, the idea wasn’t feasible in our area, and I wasn’t really the right person for it anyway. With 3 young kids, I didn’t feel comfortable going all in with this idea, and founders are nothing if not “all in.”

I was hooked on startups, though. I didn’t think too much about being hired by one, but when Nibletz needed an editor, I knew I would do whatever it took to land the job. For now, working at a startup is just as good as founding one. Besides contributing to a greater vision I believe in, I’m learning more every day about what it takes to start a company. I also have the freedom, for now, to play with my own ideas and research potential problems to solve.

Maybe you’re in the same boat. Love startups, but aren’t in a position to found one yourself yet. Landing a job with a startup could be a great way to prepare yourself for your future world-changing idea. The infographic below shows some great places and industries to consider when looking for that perfect startup job.

My advice, though: don’t sweat it too much if you aren’t in the “right place.” Keep your eyes and ears open, and the right job will present itself.

 

StartUpHire Infographic

 

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Entrepreneurs Have Smart Ideas And Smart Phones

Smart phones, guest post, startupsThe best entrepreneurs usually aren’t organized. Sure, they may keep their paperwork in order and clean up after themselves, but inside, their wheels are cranking out a thousand ideas per minute.

Luckily, modern entrepreneurs have a number of tools to help them keep things running. The most indispensable accessory? Smartphones. These powerful devices keep entrepreneurs productive on the road, at home, and wherever else the job might take them.

Apple revolutionized the smartphone industry when it introduced iPhone in 2007, but Samsung, HTC and Blackberry have also emerged with impressive devices in 2013. Your smartphone is your closest companion. Choose wisely and you’ll keep your business on track

Apple iPhone

The iPhone is a design marvel, but the App Store is what peaks startup owners’ interests. Android and Windows also have app stores, but they don’t quite stack up. Apple owns a 73% market share in app industry, according to Forbes.com. Google is next at 27%. For entrepreneurs, that means Apple is still king of the apps, with such titles as Evernote, a cloud-based note-taking app, and Osito, a personal-assistant app. Apple’s iPhone isn’t the cheapest device ($200 with a two-year contract), and it usually doesn’t come with the cheapest service, but if you spent much of the day on your smartphone, iPhone offers the best overall experience.

Samsung Galaxy Note 2

Samsung made the year’s biggest mobile splash to date when it released the Galaxy S4, a massive device in size and ability. But entrepreneurs may prefer the Samsung Galaxy Note 2, an even larger device with a few extra business-friendly features. The Galaxy Note 2 comes with a stylus for note-taking, a common habit for entrepreneurs. Techradar.com lauded the Galaxy Note 2’s strong battery life, an especially important trait for on-the-go business owners. T-Mobile offers the Samsung Galaxy Note 2 for $130 down payment and $20 per month.

HTC One

Plain and simple, the HTC One is the best piece of hardware on the market today. With it’s aluminum body, frontal speakers and Ultrapixel camera, the HTC one took its place with iPhone and Samsung Galaxy on the top echelon of smartphones. Startup owners may wonder if the HTC One has the apps to back up great hardware, but HTC uses the Android operating system, which boasts the fastest-growing app store, Google Play. HTC appears to have business owners in mind, too. A may press released noted that the HTC One offers firm 256-bit encryption for strong security and Sense-enabled productivity opportunities.

“Customers want the freedom to choose the device they use on the job, and companies want to know that devices brought into the workplace are enterprise ready,” HTC executive director David Jaeger said in a press release. HTC appears to be on the rise, making the HTC One an appealing option for entrepreneurs.

Blackberry Z10

Experienced entrepreneurs probably have a soft spot for Blackberry. These devices reigned supreme in the business world before Apple changed the game. Unfortunately, Blackberry held on too long to the QWERTY keyboard, and now it’s playing catch up. The Z10 is Blackberry’s latest touch-screen flagship. The Z10 is particularly interesting for businesses who use Blackberry Enterprise Services and Blackberry Balance. All three can sync together, simplifying life for entrepreneurs.


Andrew White is a mobile app developer and freelance writer originally from the Pacific Northwest.

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Starbucks Paying The Way For Mobile Payments

Starbucks, Mobile Wallet, Mobile Payments, Startups, Boosterville

No one will ever own a computer in their home.

No one will ever put a phone in their car.

No one will ever need Microsoft Word on their phone.

No one will ever pay for things using their phone.

All of those statements have been proven wrong by technology. The last one–proven wrong both by technology and by America’s favorite coffee shop, Starbucks.

Through their mobile app and their easy to use pay-at-counter system, Starbucks is now reporting that 1 in 10 purchases is paid for by mobile app, the company’s Chief Digital Officer Adam Brotman reported during their earnings call on Friday. In addition to the growth of paying by mobile, loyalty cards were up 30% year over year, which is also tied into their mobile app.

This is great news for startups like Dwolla, Boosterville, Paytango and the countless others that are relying on people moving from physical wallet to digital wallet.

Starbucks is leading the way in terms of mobile payments at huge retail chains, but Paypal is actually breaking into the mainstream as well. Paypal account holders can now integrate their Paypal Mobile app with a phone pin (set up in app) and pay for their purchases at the checkout at places like Home Depot, Champs, Babies R Us, Dollar General and several other retail establishments.

Some entrepreneurs, like Boosterville CEO and co-founder Pam Cooper, are integrating mobile services a la Starbucks. With the Boosterville app, mobile wallet and loyalty & rewards are being integrated for fundraising.

While mobile payments are on the rise, startups like PayTango are taking it to another level with biometric wallets. Services like PayTango, which is currently beta testing in Pittsburgh and California, allow users to pay for things using their finger print. At CES earlier this year we met with a startup that is hoping to use retina scanning technology for payments as well.

Sometimes all it takes is one big name (Starbucks) to adopt a technology. Before too long, even grandma will think it’s normal to pay from her phone.

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Co-Ed Supply Launches Just In Time For Back To School

Co-Ed Supply, Cincinnati startup,startups, Brandery

Summer is winding down for college students across the country. Many are returning for  their 2nd, 3rd, and 4th years of life away from home, but for college freshmen 9and their parents) this is an entirely new experience. Undoubtedly, millions of parents of incoming college freshmen are scouring the aisles of their local Target store buying everything on their son or daughter’s dorm room list, and probably some extra stuff too.

As move-in day approaches, parents everywhere are going to start thinking about what to send to their new college student.  I didn’t go to college, but I got my first out-of-state radio gig around the same time in my life. I was 18 years old and about 500 miles from home. My mom would send me these enormous boxes every week or two. Blank cassette tapes (for airchecking, yes I’m old), clippings from the local paper, Twinkies (even though there were plenty on the shelves at the local grocery store), clothes and whatever my mom could find. The same goes for most college freshmen these days.

Until Now…

We featured Brandery startup Co-Ed Supply in our Startups in the Fastlane series yesterday, an interview with a startup going through an accelerator. We learned a lot about what two Philadelphia natives had cooked up with Co-Ed Supply.

Basically it’s a college student care package wrapped up in a monthly subscription package. Co-Ed supply takes all the work out of putting together care packages. Now instead of silly trinkets, Co-Ed supply makes sure you get college essentials.

“The contents of each box is a surprise but all contain healthy snacks, personal care items, and entertainment. For students and their parents, basically we’re offering a cheaper, healthier, and more entertaining alternative to traditional care package options,” Forston told us in an interview.

Co-Ed Supply launched this morning, just as most college students are thinking about heading back to school. The cost of the subscription is just $20 per month and right now if you help five friends sign up, you’ll get a month free.

Check out Co-Ed Supply here.EECincyBanner

Hip Hop & Startups: The Phat Startup

The Phat Startup, New York startup, Startups, Hip Hop

“This is not a parody,” The Phat Startup says on their website, and it’s not. A lot of entrepreneurs draw lessons from pop culture and contemporary issues and relate them to the passion and drive for startups.

For me, it’s usually a mashup of hip hop and basketball. My basketball references come from my favorite team the Memphis Grizzlies, known for years as the Grit-n-Grind team, which publicly showed it off to the world through the 2013 conference finals. My hip hop references come as the form of subtle musical hints in our videos based on what city we happen to be in on the sneaker strapped startup road trip.

phatstartuplogoWe’re definitely not the only ones that relate hip hop to startups. One of the more famous people in the startup world, Ben Horowitz of Andreesen Horowitz, uses a hip hop lyric at the opening of all of his blog posts, like this post about the firm’s investment in both Instagram and PicPlz where he used Mase’s “Lookin at me” to open up the post.

Some may draw another connection between hip hop and startups because most rappers have had to turn into entrepreneurs in their own right in order to succeed in today’s shifted music economy. There are also parallels from some of the content that hip hop artists often rap about, especially when it comes to hustle.

Well on Wednesday Forbes reported on a New York startup founded by James Lopez and Anthony Frasier called “The Phat Startup”. Lopez is a technologist from the Bronx who  worked at publishing giant Random House. Frasier hails from Newark, New Jersey. He is the founder of mobile startup Playd and the “award winning” gaming site “The Koalition.” He was also profiled in the popular hit documentary Black in America: The New Promise Land- Silicon Valley. CNN Money also profiled Frasier as being one of 8 minorities diversifying the tech scene.

Through their blog, outreach, resources, and popular events, The Phat Startup is looking to continue to grow the tech community and teach essential skills for entrepreneurs and startup founders through hip hop.

“A big part of entrepreneurship is the ability to learn from mistakes,” Frasier, told Forbes. “When you hear rappers rap about their upbringing, you can learn a lot because they always sprinkle lessons of things they don’t do anymore, things that they do now, things you can relate to.”

The Forbes article highlights several rap lyrics like one very infamous line from  Jay-Z when he declared “I’m not a businessman, I’m a business, man,” an homage to how one of the hip hop kings grew himself, his brand, and his artists to an empire bringing his self worth to nearly half a million dollars.

A song released by Drake, earlier this year, has become a theme song of sorts for several startups going through spring and summer accelerator sessions. The song “We started from the bottom” has a punchy hook that say,s “we started from the bottom now we’re here”.

Hip Hop is so intertwined with the startup culture that it even spawned a huge startup that, of course, Horowitz and the Andreessen Horowitz team were quick to back. That startup, RapGenius, crowdsources the meanings to the lyrics of rap songs. Now the startup is working on other ways to incorporate the technology, like with the news for example. Back in March when Andrew Mason was fired, resigned, from Groupon, RapGenius was used to crowdsource the meaning of his now infamous letter to the Groupon team.

The Phat Startup’s next event is Tuesday, August, 20th from 6-8 pm at 1412 Broadway 22nd Floor. At the event, Nihal Mehta the CEO and Co-Founder of LocalResponse will talk about The Future Of Marketing For Startups. You can join that event by clicking here.

Find out more about The Phat Startup here.

Now check out this awesome startup event.

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Sverve Unleashes Bloggers’ Social Verve

sverve

 

There are 20 million women bloggers in the United States. Every year more women join the crowded “mommy blogger” market. There are books (of the e- variety, of course), conferences, networks, and webinars all geared toward helping these women grow their audience and expand their influence.

Few of these blogs will make it “big.” But that doesn’t mean that lots of them couldn’t be profitable. For each well-done mommy blog, there is a tribe of loyal followers that are happy to try products, read books, or take vacations all based on the blogger’s recommendation.

These women work hard to make blogging worth their time, but for all the tactics and strategies out there, it can still be hard for good bloggers to monetize. Likewise, it can be hard for brands to decide which bloggers will be the best partners for them.

Rohit Vashisht and Vikas Gupta have the solution.

Sverve is a platform that connects brands and bloggers. Bloggers sign up for the service, paying $25 every six months. On the platform, they describe their blogs, add areas of influence, and give statistics for their reach and influence across their blog and social media. They can also connect with other bloggers and endorse each other, which helps establish expertise in a topic.

Brands can also pay to access this information. The blogger with the biggest following isn’t necessarily the right person to partner with a brand. With Sverve, brands can see a blogger’s target audience, demographic, and location. The platform allows brands to launch campaigns and recruit the best bloggers to partner with.

Sverve isn’t the first company to do something like this. Social Reactor also connects influencers with brands. But what makes Sverve such a great idea is that they tap into a very underutilized market–mommy bloggers.

I have probably read thousands of blog posts in my years of motherhood. Sometimes, it’s the easiest way to find like-minded community that can fit into the hectic life of a young mom. But, as my kids have gotten older, I read fewer and fewer mom-centric blogs. The ones that I’ve stuck with–well, I’ll try just about anything they recommend, and so would most of their readers. If Sverve finds a way to help brands tap into those followings, it’ll be a boon for the brands and the bloggers.

Sverve is going strong, too. They present today at the 500 Startups Demo Day, and they’ve already raised funding from Scout Ventures and 500 Startups. Their 5500 bloggers reach 50 million followers and get 1 billion pageviews a month collectively. That’s billion-with-a-b, y’all. Sverve’s traction is so good right now, they rank #5 on Mattermark’s pre-series A list.

Most mommy bloggers do it for the love of writing and sharing their lives. But that doesn’t mean these ambitious women don’t want to support their families. Sverve is providing a way for them to do what they love.

Every entrepreneur can get behind that.

 

Launch Tennessee And The Blackstone Foundation Are Looking For The TENN Best Startups

Launch Tennessee, Blackstone Foundation, TENN, startups, accelerators

Just yesterday we were talking about the 9 accelerator regions in Tennessee.  Launch Tennessee is the public/private partnership that oversees those nine accelerator regions and helps promote Tennessee startups statewide. Earlier this month they announced a new initiative, cleverly called TENN, that’s looking to identify the ten top startups coming out of the Tennessee accelerators. The program will kick off August 27th with a statewide demo day.

The TENN is sponsored by the Blackstone Foundation, who we just reported yesterday announced their LaunchPad program was moving into their 5th state, Montana.

“Focusing on innovation and attracting and encouraging entrepreneurs are key economic development strategies in Tennessee,” Gov. Bill Haslam said in a statement.  “Launch Tennessee’s initiative to coordinate a statewide network of startup accelerators is an important part of our ongoing efforts and isn’t being done anywhere else in the country.  The TENN program, which is one of the most exciting projects to come out of this effort, recognizes the best and brightest of Tennessee’s entrepreneurs.  I look forward to the new ideas, partnerships and investments that will result from the program.”

Companies that have graduated from one of Tennessee’s nine regional business accelerators in the last year can apply to be one of The TENN by Aug. 2. A panel of regional and national venture capitalists and angel fund leaders will select The TENN to participate in the inaugural program. The application, a full listing of the panelists, and other program information may be accessed online.

Shortly after demo day, The TENN will leave for a statewide bus tour, where they will meet with leaders of Tennessee’s top corporations. Additionally, during the master accelerator program, The TENN companies will fly to California and the East Coast to network with venture capitalists and angel investors.

Other benefits of the TENN program include office space in the nearest regional accelerator or a subsidy for the company’s existing office space, events that connect the companies to industry-specific mentors, and high-level access to major corporations based in Tennessee.

Governor Haslam will announce The TENN at the statewide demo day, which will also include a keynote speech from John Greathouse, partner at Santa Barbara, Calif.-based Rincon Venture Partners and co-founder of RevUpNet.

“I am looking forward to participating in the upcoming TENN program, Tennessee’s statewide demo day in which the top companies from Tennessee’s accelerators join forces to network and compete,” Greathouse said in a statement. “The TENN program is an outstanding opportunity for startups that are past the initial incubator stage, but are seeking mentors, funding and other critical resources to help them achieve the next stage of success. My hope is that this unique platform spawns similar regional and statewide events targeted at assisting companies that have graduated from accelerators but have yet to reach critical mass.”

Just as it was last year, August will be a huge month for Tennessee startups. Chattanooga’s GigTank, Memphis’ ZeroTo510, and Nashville’s Jumpstart Foundry accelerators will all graduate.

You can find out more about Launch Tennessee here.

This huge startup event for startups everywhere else is also in Tennessee.

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12-Year-Old Vegas Tech Rockstar Set To Speak At SXSW V2V

Ethan Dugga, Rick Duggan, VegasTech, VegasStartups, Startups, SXSW V2VWe’re hearing about more and more kidpreneurs and teenpreneurs. There was a 14-year-old who won Cincinnati’s most recent Startup Weekend. Another 14-year-old won Tampa’s most recent Startup Weekend as well.

Ethan Duggan may not be the winner of a recent Startup Weekend, but he is an app developer and startup founder. His app “LazyHusband” launched at SXSW this year in Austin, Texas.

Ethan is growing up in the Las Vegas startup community, VegasTech for those in the know. His father Rick Duggan, is the cofounder of vegasstartups.com.  The elder Duggan is also “coach,” with the younger Duggan preferring the keyboard and the app store to the baseball diamond or the football field.

The young but witty tween, knows a thing or two about apps, launching, startups, founding, and entrepreneurship. He also knows about monetization. When asked about monetizing his app, he told Vegasstartups.com’s John Lynn “$0.99 per download…Coder’s gotta eat.”

Lynn reports that down in Austin during SXSW, the young Duggan scored over 10 interviews and several high profile posts including one by Brad Feld, and another from GigaOM that ended up on CNN Money. Not too shabby for a member of the VegasTech community that couldn’t even get into the legendary VegasTech party. No worries though. The elder Duggan and the VegasTech community made sure Ethan could join the party via FaceTime. (How 2013 is that?)

Now father and son are going to host a talk at SXSW V2V next month in Las Vegas. They’ll be talking about how Ethan overcame stereotypes of proper childhood activities. They’ll also talk about how Rick Duggan is his “coach,” the app Ethan has created, and how  you’re Never Too Young.

You can still purchase passes for SXSW V2V here. and sign up for Duggan’s session here.

Nibletz will be on the ground in Vegas for SXSW V2V, with your help. We’ve got great sponsorship opportunities here where you can get your startup, or startup support organization in front of millions at the most high profile startup event of the summer.

NIBV2V

 

 

 

 

Ethan Duggan image: vegasstartups.com

Nashville Is Great. Ohio Is Too. This Guy Is Oblivious.

Cleveland Startup, Nashville Startup, startup, startups, Ohio, Tennessee

On Saturday, the Cleveland Plain Dealer ran a guest post by Dr. Jeffery Canter. Canter is a retired professor of molecular physiology and biophysics at Vanderbilt University Medical Center and a consultant for many healthcare startups in Nashville.

Apparently Canter lived  in Ohio before Nashville. In his piece Canter criticizes Ohio as a whole and offers a laundry list of tips to keep it’s talent, which he says Ohio is giving to Tennessee for free. All of this is based on people Canter has met who relocated to Nashville to launch their businesses. Canter makes a point that Ohio has paid for these people twice:  “First, you paid for educations that were far better than ones these new Tennesseans would have received in Nashville. Second, these productive young people removed themselves from your tax base and left you behind to pay even higher taxes.”

At Nibletz our mission is clear: to give a voice to startups everywhere else.  With offices in both Memphis and Cincinnati, we know a lot about the ecosystems of each state.

Tennessee has an impressive startup ecosystem. They were the second state region in the Startup America Partnership. There are 9 accelerator regions across the state that are administered by a public private partnership called Launch Tennessee. There are several incubator and accelerator programs, with the biggest being GigTank (Chattanooga), Jumpstart Foundry (Nashville), Seed Hatchery (Memphis), and Zeroto510 (also Memphis).

If you think there’s a lot of entrepreneurial and startup activity in Tennessee, you’re absolutely right, but some believe that Ohio has even more going on.

For starters the Brandery in Cincinnati is one of the top 10 startup accelerators in the country. Cincinnati also has the new Cintrifuse initiative, CincyTech for capital, and regularly holds events like Startup Weekend.

Traveling north, Columbus also has it’s share of exciting startup activities and initiatives. Columbus is home to not one but three accelerators; 1492, 10x, and the Founder’s Factory. TechColumbus is one of the driving forces behind the startup scene, and there are also plenty of resources for capital.

Move a little further north to Cleveland and there’s still NO shortage of startup activity. In fact the nationwide non-profit startup acceleration organization, Jumpstart Inc, is headquartered in Cleveland. Then again there’s not just one but two startup accelerators: LaunchHouse and the new FlashStarts founded by Cleveland serial entrepreneur Charles Stack.

 

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So, what makes a good ecosystem?

Gary Hardin at Knoxville startup BounceIt tweeted us the other day, after we ran Entrepreneur Magazine’s 7 best places to startup. Hardin thought that Tennessee should be on that list because there’s no income tax. Makes logical sense, right? Maybe.

As all of our readers know, during the nationwide sneaker strapped road trip, we’ve seen nearly 100 different startup ecosystems in person and are often asked where would we move if we could go anywhere. We chose Memphis, and at that time we had no idea there was no income tax in Tennessee.

When a startup chooses an accelerator or to relocate for one reason or the other, it’s typically resource or industry related. Nashville is hot for medical devices (you’re probably thinking music, but medical devices definitely prevail). If I needed help with branding, I’d move to Cincinnati; automotive, yes we’d still move to Detroit, Government relations or government sales, DC and so on.

Native Memphian Sarah Lacy penned a column just days after her trip to Nashville’s Southland conference entitled “Memo to non-Valley, non-NYC ecosystems: No one you want cares about cost of living.” And guess what, they don’t. Facebook Co-Founder Dustin Moskovitz also says he wouldn’t move somewhere just for optimized taxes. In fact he said this 13 months before Lacy’s article.

Are the Plain Dealer and Dr. Canter just oblivious to what’s going on around them in the startup space?

There are two certain things certain in life: death and taxes. In general, startups are oblivious to both.

Where ever you are, you need to make plans to attend this startup conference for startups everywhere else.

EE-FORENTREPRENEURS

 

 

 

 

Image credits: Nashville  Cleveland