“Valley of the Shadow”

April 27, 2008 at 9:26 pm Leave a comment

Posted by Nick

This weekend at UCSC’s College Eight reunion, I had a chance to speak with and listen to Sunil Paul and Reid Hoffman on the topic of Green Entrepreneurship. (This same week, my Partner, Sir Savage, shared a stage with another beauty, Caprice.) During his discussion, Reid referred to startup teams as “the walking dead”, inasmuch as you’re in with a group of folks, walking through the Valley of the Shadow from Day 1, with no free cashflow and mounting liabilities, and somehow you carry on, half alive, if only through sheer will.

It’s a true statement–startups are essentially the walking dead en small masse. In order to see their way to success, many endure bleak, dark periods where their faith in the corporate mission is tested.

Though dark, these times are by no means hopeless. Indeed, others have weathered similar storms before, oftentimes to much success afterwards. Reid and Sunil offered these instructive thoughts to captain the ship through during trying times:

1) Establish an Advisory Board of seasoned professionals who can help provide long-term, ongoing guidance;

2) Scale your organization and it’s reach through online networks to reach new, untapped audience;

3) Value and set a precedent of professionalism and partnership with your early customers–they are your most valuable and will set the tone for all relationships to come.

Wild weekend. Beautiful in San Francisco–do come visit.

Advertisements

Entry filed under: Uncategorized.

Flowers in Their Hair Back in your Shell

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Trackback this post  |  Subscribe to the comments via RSS Feed


April 2008
M T W T F S S
« Mar   May »
 123456
78910111213
14151617181920
21222324252627
282930  

Bright Green Twitter

Error: Twitter did not respond. Please wait a few minutes and refresh this page.

Pages


%d bloggers like this: