Month: July 2008

  • Stop waiting for your big idea, learn to get shit done

    I hear from a lot of would-be entrepreneurs that they are just waiting for the right idea, or that they want to do more research on their idea, or that they need to “flesh out” their idea in order to get started.

    Stop lying to yourself.

    The big idea isn’t coming. You don’t have the big idea. You aren’t going to come up with the BIG idea.

    Building a great company isn’t about a single big idea. It is about stringing together a slew of small ideas, insights and facts in a stream of execution.

    Instead of worrying about whatever your terrible idea is, you need to start learning to do what needs to be done.

    See, the wonderful thing about doing stuff is that no matter what, whether you are right or wrong, you are learning more and more about your business. By sitting back and thinking about things, pondering how something might work, dreaming about a great result, etc, you aren’t learning anything. You are just wasting time.

    So start with something small. What is the first small task you can complete to get you on the road to building this startup? Writing a line of code, cold-calling some potential customers, wireframing a design. The list goes on.

    That reminds me. I have been planning on taking up running this summer. I have yet to step foot on the pavement in my gym shoes. Uhg.

    Start now or forever hold your peace.

  • Ten Web Startups to Watch

    Technology Review has published a list of Ten Web Startups to Watch.

    1. Pinger
    2. Pownce
    3. Qik
    4. Dash Navigation
    5. Ushahidi.com
    6. QTech
    7. 33Across
    8. Peer39
    9. Mashery
    10. Anagran

    Interesting list of companies. There is a mix from social networking platforms to packet filtering. It started me wondering who were the top ten web startups in Canada. Who were the companies that were building businesses around market opportunities and technologies that should succeed. And in true Nigel Tufnel logic my top ten list goes to eleven. None of these companies are listed on the Fast 50, yet. And the list doesn?t include non-Web companies like Rapid Mind or xkoto. But they are an outstanding group of Canadian ventures.

    1. Idée Inc.
    2. Crowd Science
    3. Octopz
    4. FreshBooks
    5. ConceptShare
    6. Viigo
    7. NowPublic
    8. Acquisio
    9. Agoracom
    10. radian6
    11. LearnHub 
  • Conceptshare launches new desktop companion

    Sudbury, Ont. based Conceptshare launched a new desktop companion application today to make it easier to keep track of your Conceptshare workspaces.

    Conceptshare, who we have covered a few times before have been constantly improving their product and this update comes just over six months since their last major iteration.

    The companion application is currently in “beta”, and there were a few obvious problems when I tried it out, especially the part where it told me I had no internet connection, but I am confident that it will be in good shape by the time they are pushing it out more aggressively to customers.

  • Identi.ca – Open Source Microblogging

    You know everything you hate about twitter? Downtime, walled garden, some very poor design in places, etc.

     Well a solution launched today that seems to be technically superior in every way, but is going to be facing a tough battle ahead to attract users and get them talking.

    Identi.ca is a new open source project to build a better twitter. The actual open source project is called Laconi.ca, and it has been created by Evan Prodromou in Montreal who also founded Certifi.ca and Wikitravel (one of my favorite websites).

    When you first see this project it is easy to write it off as a mere attempt to knock twitter off it’s throne, but I don’t see it that way. By releaseing Laconi.ca as an open-source project, Evan is betting (I think) on building out the sort of long-tail of microblogging. Charlottetown based SportsTwit is an example of niche microblogging that I think has a real chance of catching on (and should consider switching to the Laconi.ca platform).

    The introduction of Laconi.ca brings microblogging from being a closed and proprietary world in to a more mass market tool in the same way that blogging is no longer just Blogger, but is instead a medium.

    By using open standards like FOAF and others, different sites running Laconi.ca can talk to eachother and federate data. That means that if you are on a niche site, say startupnorth-tweets.com, you can interact with people on Identi.ca, and they have full access to your profile and other information. This is one of the core weaknesses of Twitter, its inability to federate out some of the load.

    Good luck Evan, I have a feeling this is the start of something great, and a change that had to happen.

    You can find me here: http://identi.ca/jevon

  • Dan McGrady: 7 Reasons Why My Social Music Site Never Took Off

    Dan McGrady has been on a roll with some great posts lately, and “7 Reasons Why My Social Music Site Never Took Off” really grabbed my attention yesterday.

    Dan started Contrastream last summer. I liked the site a lot, as I think music discovery is a huge problem that is being approached in the wrong way by the major music sites/stores. The site was well put together and full of potential, but it just didn’t take off.

    This is where, I believe, Dan is making the shift from being someone who cobbled together a website to being an entrepreneur. Instead of hiding the fact that Contrastream didn’t really take off, Dan is making a clean break, reflecting on what he learned and what he did wrong, and he is hitting the ground running with his next startup: IntegrateSales

    Dan’s reasons his site never took off? Read his blog for his full analysis

    • Design Perfection
    • Underestimated the ?Cold Start? problem
    • Market Size vs Business Model
    • Bad launch
    • Competition
    • Motivation
    • Co-founder
    • Derivative Idea