Startups

Biggest San Antonio Tech Wins in 2017

There have been some negative feelings in our tech scene lately. I agree that everything isn’t rainbows and unicorns. However, we’ve had some really amazing wins recently. I made a list of the most impactful things to happen this year. Biggest San Antonio Tech Wins in 2017 (most impactful to least) Scaleworks launches as a meta-startup with huge impact. These guys have done more to create startup jobs to town than anyone. In their first year, they’ve brought in a half-dozen companies into the ecosystem. Last night,…

Keep reading

How to Email Like a Boss

Here's the secret to getting the highest ROI from email: Write less. That's it. This is easier said than done. It takes hard work as demonstrated in this clip from the great movie, A River Runs Through It: https://www.youtube.com/watch?v=AXZxZxgouPo You'll see the most influential people respond to tons of email with just a handful of words in each. One method I've learned recently to hone this skill: Take an idea and describe it in 25 words. Then, do it again in 12 words. Finally,…

Keep reading

What Business Are You Really In?

I go to a CrossFit gym and have been for about 7 years now. During a stretching session, I asked him: "What business are you really in?" His response, "I'm in the business of fun." He continued that exercise doesn't have to suck. It can be hard work, rewarding and fun. Many entrepreneurs don't realize the business they are actually in. Restaurant owners think they're in the food business. They're actually in the dining experience business. Codeup, a coding bootcamp I helped start, isn't in the education business. We're in…

Keep reading

Experienced Teams and Market Research

A founder posted a question in a startup chat group recently: My cofounders and I are all intimately familiar with our industry. Do we need to do market research? I firmly believe you should. In particular, the best research to do is direct research. Since customers are going to buy your product or service, don't you want to talk to them before building anything? Wouldn't you rather spend a few weeks asking questions of potential customers before you devote five years of your life to a new business? I certainly…

Keep reading

If You're Not the Next Uber

I get pitched three types of companies: Non-starters. The founders have made some wrong assumption about the way the world works. These ideas just won't work for some technical, market or team reason. Venture Capital Investable are the second and the rarest type. They are the ones with the potential to be huge someday. They don’t have scalability issues and have all the hallmarks of things that VCs look for. Perhaps one-half of one percent of all new businesses are in this category. Nice Businesses. This category is where…

Keep reading