Archive for the “Entrepreneur” Category
I was just thinking I needed some inspiration to write a post and Rob Sheffield emailed to point me at WhyNot? an ideas exchange from Profs Ayres & Nalebuff of Yale. Rob and I had been chatting recently about creativity, entrepreneurship and intersections between ideas. I’ve not seen this site, though it seems similar to global:ideas:bank and a couple others.
The concept is simple enough that you apply the wisdom of the crowds to identify the best ideas. People are free to post their idea, everyone votes on them and the best float to the surface. WhyNot? seems to be suffering from lack of participants, the top rated ideas are all from 2003 vintage and have just over 100 votes each (except for the top idea that has 337 votes). With over 3,500 ideas and 5 years you’d expect a bit more activity. WhyNot? uses a very simple vote count to determine the best ideas (Support, Neutral, Oppose).
The global:ideas:bank has a few more ideas (just over 6,000) and a different rating system based on % for Feasibility, Originality & Humour. The drawback here is that a small number of high rating gets you to the top. There doesn’t appear to be any weighting for a balanced opinion.
Of course Digg has been surfing the wisdom of the crowds for some time. Google also uses a variation on this to track site traffic and links and back-links to work out which are the best sites (or solutions) to your problem (or search query). There’s a whole industry in getting your product announcement to the top of Digg and your site to the top of Google (I just did a search for Angel Networks and Oprah has the top two spots on Google).
Digg and Google are successful (in small part at least) because there is an instant path to action. You find something at the top of the list that addresses your need and you click the link to go to the site. Alternatively, if you have a problem looking for a solution (or a site looking for ad traffic) then Digg and Google also work quite well for you. The challenge with many of the other idea exchange formats is that there’s no champion or pathway to change. So you vote an idea as being great, so what, does anything happen?
That’s the great benefit of purposeful network events like BEN, OpenCoffee (disclosure: I run OpenCoffee Bristol) and SeedCamp. They’re great melting pots for ideas because they go out of their way to bring diverse groups together. They also do this with a clear objective in mind; learn something new that will make you and your business more enterprising, find people in your city/region to help grow your business, hook up with investors and springboard your start-up.
They also give people the time and space to figure out who they can work with before disclosing the golden nugget idea. They also have the wider network to help bring the idea to some degree of realisation.
So how do you get your ideas to become reality? If it’s your idea, how do you find your partners and collaborators? If you’re into making things happen, how do you find cool ideas to work on?
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The reason this post is a bit late is I spent most of yesterday evening setting up a Facebook group for OpenCoffee Club Bristol (and we already have 5 members, cheers), posting the next four dates (17 June, 1 & 15 & 29 July and 5 August), updating the upcoming group (17 Jun, 1, 15, 29 Jul, 5 Aug), and posting the OpenCoffee Bristol Twitter; still need to construct an OpenCoffee group in my Gmail (for those not on the aforementioned socnets) to send out reminders and updates.
Back to yesterday, Sam and I arrived just after 8am and set up shop downstairs while the Starbucks folks put up signs and balloons. First to arrive was James and we quickly had a couple tables pulled together with discussions bouncing around business, technology, social catching up and finding out what each other did.
Chris Garrett (via Twitter) and Craig Hellen came down from Gloucestershire with their new mobile, locative and video media ideas. After exploring their business model and target segments a few business cards swifted exchanged hands, which is what its all about.
About half-way through the morning a couple of fresh pots of coffee arrived and refueled everyone through to past 10.30am.
We closed with Martyn Shiner’s open source manufacturing systems development project at Severn Delta. They’ve built their own system and are looking for hot php/PostgreSQL/UI coders to help them turn an internal project into a set of repositories that they can open up properly to other companies as a series of modules (sorry if I got a few details wrong Martyn). Martyn’s still looking so if you’re in the Somerset area (or are happy to spend a bit of time there) drop him a note on twitter (if it’s up).
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Posted by JohnB in Bristol, Creative, Enterprise, Entrepreneur, Events, Geek, OpenCoffee, Technology, tags: Bristol, digital, Enterprise, open coffee, Start-ups
I mentioned earlier on Twitter that I was hoping to confirm some additional support for Open Coffee, well Starbucks are getting behind us and offering free coffee, free muffins and free WiFi to attendees of Open Coffee at 9am Tuesday, 6 May.
We’ll be downstairs at the Starbucks on Park Street (map).
Kick off will be from 9am but some folks will be there before and you’re obviously welcome to stay as long as you like. Rosie (the interim Store Manager) has offered free coffee until 11am.
Hopefully this will be a long term partnership for digital companies in Bristol. The next 3 Open Coffee meetings are already scheduled in for 20 May, 3 June and 17 June.
All the details are on the Upcoming group, I’ll be talking about them here and on Twitter, Facebook and anywhere else that folks will be checking out. I’m also hoping to get notes put in BEN event announcements, Creative Technology Network, Bristol Media, Business Link, etc. The purpose is to give those companies (or start-ups) that are building growth businesses in digital software, services or media have an additional physical network to augment their online networks and wider business support services.
See you there!
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6 May 2008, at the moment this is looking good for the relaunch of Open Coffee in Bristol. I’m still waiting on confirmation for a venue (and some free coffee as part of the deal) but it’ll be central Bristol.
I’ve decided on a morning mainly because the focus is on networking around business development and entrepreneurship and I think that works better at the start of the day than at the end with a beer. Most of the Open Coffee clubs around the world meet in the morning and I’m sure there are plenty of people there smarter than me in organising network events. There will be evening social dinners to cement the networks but part of the focus is on discussing the business of doing business, and how to build innovative digital businesses in Bristol.
The rough schedule of 4 meetings over 2 months, followed by an evening dinner, shake, rinse, repeat; seems to be going down well with everyone I’ve spoken to. The current topic outline is:
- Explaining your idea; convince just one other evangelist and you’re well on your way (articulating your idea in 140 characters or less)=139
- Addressable market - who are the people that actually want your product / service, are they who you think they are? Perhaps talking over coffee with other entrepreneurs will open new market ideas, or give you research leads on building your business plan / invement proposal.
- Financial instruments - how are you raising / going to raise, the cash to build your product. Even with Google BigTable / Amazon EC3/S3 you still need some cash. Angel, VC, SFLG, FFF, Credit Cards, remortgage, what are your decisions, options and how are others finding cash?
- No “I” in Team; but there is a me - I love that bit of team building bumff “There’s no ‘I’ in Team”: there’s no f’in team either but you don’t tend to hear that one from the managment coaches so much - as a start up entrepreneur you probably are the team, even when you build an executive support squad, most investors say they’re investing in the founder. So how are you / should you build a support team around you and who’s in it?
At each morning I’m going to try and make sure that there are some professional in the crowd but the idea is to network and discuss in generalities to inform your decisions. Feel free to let the folks you know and work with that this is going on (it is Open Coffee after all).
More details as they settle down.
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