Top Ten infoChachkie Entries Of 2011

infoChachkie LogoI began publishing my blog in 2007. For the first couple years, I wrote under the pseudonym Uncle Saul. I was hesitant to use my own name, as I did not want my blog to be perceived as a self-promotional vanity project. By early 2010, I found my stylistic voice and identified my audience of emerging entrepreneurs and thus dropped my penname. In addition, my role as Partner at Rincon Venture Partners provided me with a business reason to invest additional time and effort into my humble blog.

Last January, I decided to increase the quality and frequency of my blog entries, with the hope that I would generate a corresponding increase in readership. I was not disappointed. Continue reading

The Blondin Test Will Ensure Your Stakeholders Truly Believe In Your Startup

Note: This is Part I in the Startup Team Building series. Read Part II HERE

Each generation, a few magnetic personalities emerge and generate a mania of public interest. BlodinBefore Elvis, there was Sinatra. Before Sinatra, there was Bing. Before Bing, there was Caruso and before Caruso, there was Blondin.

Jean Francois Gravelot, who wisely abandoned his given name and dubbed himself The Great Blondin, was a true rock star of the 19th Century. On June 30, 1859, at the height of his fame, he stood before a crowd of tens of thousands of people at Niagara Falls. Continue reading

ConTraps Part IV – Avoid Exclusion From Future Revenue Opportunities

Note: This is part IV of the four part series. Access part I HERE, part II HERE and part III HERE.

Exclusive to everyoneMarketers have long known that people are drawn to exclusivity. As discussed in Jedi Mind Tricks, scarcity and fear of loss are powerful principles of persuasion. Students expend small fortunes of their parents’ money to attend exclusive, private colleges. Hipster-wannabes routinely wait in line for hours for the opportunity to buy exorbitantly priced drinks in an exclusive nightclub.

As noted in Contract Traps Entrepreneurs Should Avoid, exclusivity can kill a small company. Unfortunately, many Big Dumb Companies (BDCs) assume they must unfairly skew the market in their favor by precluding you from freely working with anyone you choose. Exclusivity excludes your startup from taking full advantage of future customer, partner and market opportunities. As such, deals are not exclusive, they are excludesive.

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ConTraps Part III – Contract Traps Entrepreneurs Should Avoid At All Costs

Note: This is part III of a four part series. Access part I HERE, part II HERE and part IV HERE.

Avoid the CheeseAs noted in parts I and II of this series, agreements with Big Dumb Companies (BDCs) can be alluring and potentially fatal. In many cases, agreements contain the promise of future riches, much like a piece of cheese in a mousetrap.

This series describes how entrepreneurs can craft company-changing agreements with BDCs, while avoiding Kiss of Death contract provisions. Continue reading

ConTraps Part II – Contract Traps Entrepreneurs Should Avoid At All Costs

Note: This is part II of a four part series. Access part I HERE, part III HERE, and part IV HERE.

ConTrapsAs noted in part I of this series, agreements with Big Dumb Companies (BDCs) can be alluring and potentially fatal. In many cases, agreements crafted by BDC lawyers resemble ConTraps rather than mutually beneficial contracts.

This series describes how entrepreneurs can craft company-changing agreements with BDCs, while avoiding Kiss of Death contract provisions.

Continue reading