Life in School and Startup

For as long as I can remember, I have paid (or my parents have paid) for cable TV. I’ve lived through the rise of HD programming, the rise of TVs larger than a person, the rise of DVR, competition with satellite, etc. Things have come a long way in my lifetime, but only the most recent developments have given me reason to wake up tomorrow and finally stick it to the man. This man is named Time Warner Cable.

Tomorrow, everything I will be watching will be on ABC.com, NBC.com, Apple TV, and Hulu.  We’re going from ~300 channels to 4.  Also, we’re picking up Clear wireless internet (4G WiMax, yay for technology). It’s all free with internet. The $120/month bill is going to be $25/month for the same programming. We may miss mythbusters and dog whisperer, but almost everything else is online. Let me repeat…almost everything else is online. Couple that with a supposed AppleTV deal with the major networks and we’re in business for under 1/2 of what we’re paying right now.

A giant is falling due to the rise of technology. Good for hulu and boxee and netflix and everyone else who collectively make up a damn good alternative. As an entrepreneur, it’s nice to see the conventional wisdom beginning to bow to people who saw what a difference they could make, and executed well enough to cause people to make a lifestyle change. That speaks volumes, it really does.

Also, it’s going to force us to find alternatives for our time. We won’t be able to just say “hey, i need to kill some time, what’s on tv”. Admittedly, this may lead to more time playing Nintendo 64, but I would submit that that is a far more social and relationship-building event than sitting idle on the couch watching TV. My hope is that it will force us to talk more, work on the company more, go out to public places to watch sporting events. Watching TV now consists of watching things once through with limited commercials and then going back to our lives. Awesome.

I’m happy.  It may be rough to start out with, but I’m ready to see how we react.  Have you given up anything recently that you’ve had your whole life?  I’d love to hear about it.

This week has been life changing for so many reasons.

First, I love my new job at Transloc. The CEO is one of those guys that just “has it”, the subtle swagger that you couldn’t reproduce if you tried. I hope to have that one day. We were out to lunch and he was talking to me about the concept of a triple bottom line when it comes to your business’s worth and productivity. Pretty awesome stuff, but damn near impossible to find ideas that fit into all 3 categories. The concepts made me think a lot about my graduation speech (read below) theme and how I can adjust my approach to business opportunities for the future.

Second, some company just launched a product with the name “Mobile Stage”. This pisses me off on many levels, but there’s not much we can do about it except get a new name. We’ll keep all of this Mobile Stage stuff up for a while – at least until we settle on something else. If you have any ideas please feel free to share.

Third, I graduated college on Saturday. The ceremony was awesome, got to hang out with a bunch of my friends, and the day after graduation really wooped some reality into my otherwise scattered brain. Sunday was the first legitimate day of paying for 100% of my bills, and having literally nothing but my startup to work on. Productivity was decent – it must improve.

Fourth, I was the student speaker at my graduation. This turned out to be a pretty badass experience for me – writing a speech is not easy, and rewriting it from front to back 2 days before you’re delivering it isn’t necessarily the best idea. Public speaking is fun, I really enjoyed myself up there (500-600 people in attendance), and would do it again in a heartbeat. Video is embedded below.

Have a happy holidays, everyone. Take some time off to spend with the famset, and to relax and read a book.

Happy Thanksgiving to everyone! Steve and I are taking some time to chill with the family and take a break from work and school. May you all eat, drink, sleep, and watch a boatload of football.

We went to Internet Summit today. It was awesome – awesome because it was a lot of people much smarter than us talking about things were interested.  Below are some pictures of the event.

Looks like we’re headed to Internet Summit 2009. Here’s the story:

A few weeks back, I started listening to This Week in Startups in my free time at work and while I’m driving from DC to Raleigh and back. It’s a great podcast and the guests are usually serial entrepreneurs that have a passion for starting up companies. Also, the host is on his third company (I think), and is usually very straightforward with people that call in or email questions. One guy recently called in to ask about conferences and their crazy cost that is usually too much for students or anyone on a shoestring budget. This particularly caught my attention because Steve and I wanted to attend IS 2009 but really couldn’t afford the $245/person registration cost. The advice to the caller was simple – volunteers are always in high demand at these events and coordinators often may exchange registration for you volunteering to help with various things leading up to and during the actual event.

I shot off an email, got a response back in a few hours. Done and done. Moral of the story? Just ask for a break and offer a little in return, you might be surprised with what you find. Thanks to Jason at Southern Capitol for hooking us up with the right guy.

After having completed 1 full year of North Carolina State University’s Engineering Entrepreneurship Program, the experience I undoubtedly tell people about is the incredible introduction to networking that you are able to take advantage of. As with many opportunities, this one does not come pounding on your door, and is very much something where you have to put yourself out there to be successful. These friends consist of a wide variety of individuals ranging from program alumni (and now part-time entrepreneurs), to REAL LIFE BLOOD THIRSTY VENTURE CAPITALISTS IN THE FLESH (OH NO!). The class speaker series and volunteer trips to local RTP companies provide for instant contacts, introductions, and possible mentors for budding entrepreneurs like myself. Not only did I end up meeting a lot of amazing people who I have something in common with, I dont think there has been one person yet to turn down going for coffee or doing a phone conversation to answer some questions (all for free, mind you).

The title of this post is a mashup of “getting plugged in” and “1 foot in the door”. I cannot stress how many subsequent opportunities networking will present you with – the community as a whole is very receptive to new players trying to get in the game. From aspects of recruiting to product develoment, monetization efforts to strategic partnerships, market trends to building your swagger as a yuppie, many people have covered (extensively) some aspect of your new business that you will inevitably have questions about.

The following are some tips to help you start or continue your journey as a student entrepreneur

• Take entrepreneurship classes (business or engineering major) at your respective school. Make sure to really get involved with your professor and ask them to introduce you to connections of theirs that may be of some help. If they’re no help, drop the class and move to another one.
• Get involved with your school’s entrepreneurship program. Chances are that students there will have already started to begin to build their professional network and will be able to talk to you about your own networking efforts along with making introductions for you.
• Be on the lookout for community events put on by seasoned entrepreneurs looking to give back to the community. Steve and I just last week attended Calling all Entrepreneurs NC where we met with a VC and a CEO on his third company. It was a great experience to talk about what we are currently looking to pursue and get candid feedback all in a matter of 20 minutes. Where you live will determine the nature and frequency of these events.
• Use the fact that you are a student to your advantage. You shouldn’t be extorting companies for consulting hours on the facade of giving them karma points for helping a school project, but you’ll find that many individuals are interested in the young talent coming out of the school systems and what these students bring to the table. Contacting alumni and telling them you are attending their alma mater is almost sure to get them fired up enough so to give you an hour or two.
• Re-read the previous bullet point.
• Be prepared. Youre going to have a tough time being an entrepreneur if you can’t set your own schedule and push your own ideas forward among peers in the community. Networking does not mean getting told what to do. Make sure you have questions to ask and let them do as much of the talking as they want. Their time is worth a lot, dont spend it talking about yourself.

Keep in mind that the fundamental point here is that you need to assert yourself.  Don’t feel like you’re under the gun to come off looking like you know what you’re talking about, or that you need to have a bunch of experience to get some face time with serial entrepreneurs.  Don’t email Mark Cuban or Steve Jobs, but try to look a little beyond your peer network when possible.  Put yourself out there, you’ll be surprised at the results.

It has been roughly six weeks of working a solid 8-5 internship up here in Maryland and I’m just starting to realize the struggle of working on business endeavors unrelated to your primary job. Ive been told time and time again to take advantage of my free time at college, and that when I hit the work force I wont have time to do nearly the amount of stuff you can do while at college. This comment has been shrugged off time and time again – surely my extra curriculars and commitment to classses has more than prepared me for what is to come after school. They were right…sorta. I was wrong…sorta.

What they should have told me is “enjoy the flexibility of your schedule while in school”. Its not that I am working any more hours at my job (I’m usually pulling out of the parking lot by the time 5:01 rolls around), but rather that I am at my job at 8am whether I like it or not. College has the great luxury of taking Monday to play super smash for 4 hours, Tuesday to put in 15 hours on the autonomous robot and parallel processing model, Tuesday night to have a 6 pack, and sleep all day Wednesday. The best part of all is that the next week doesn’t have to, and most likely wont, be the same. I’ve been told that as I grow older I’ll appreciate the more predictable schedule.  Maybe this will be the case when I am married and have kids, but right now I feel like an angry toddler roped into a play pen.

I’ve been back and forth in my head about taking an extra year to go to grad school and get a quick masters.  The decision is becoming more and more of an obvious answer in favor of going, solely due to the fact that I can take an extra full year to pursue getting situated with a product or service of my own. Believe me when I say that the masters tag on my diploma is a great thing to have to put on a resume and to tell my family and friends that I came to college and wooped its ass. Believe me when I say that I will continue to recommend to my friends and mentees that graduate school is excellent opportunity to enhance your value to the workforce. And believe me when I say that graduate school is a great way to give yourself another year or two to let your creative license flow round the clock as you pursue that which gets you up in the morning (whether it be 6am or 2pm), and that which keeps you up into the wee hours of the night working incessantly to achieve nothing short of absolute brilliance.

Megatrends have come and gone since consumer society has been around.  All of the sheeple walking here and there, to and fro, to stay up with the latest fashion trends, social networks, employment booms and busts, etc.  Though “active” participation in society does not require one to stay up with the bleeding edge fashion or social networks, there exist other megatrends that eventually weave themselves into the fabric of our daily lives – ones that society will deem required for “normal” participation.  After much deliberation and study, I’ve decided to refer to these phenomena as “lifestyle revolutions” due to their revolutionary change on the lifestyle habits of people  Just as the advent of the Model T, large-scale farming, Jesus, and the internet forever changed the way we conduct our day-to-day lives, so will the current rise of talk and data via mobile phones.

As if everyone in society isn’t completely “last minute” yet, we sure as hell are all going to be flying by the seat of our pants by the time my kids are having kids.  Everyone and every”thing” is now at the fingertips of consumers able to place a phone call and view internet data whenever and wherever they do so choose.  Yellowpages and libraries are much less popular, payphones are disappearing at an alarming rate, and mobile accessories are on the rise due to the increasing amount of lifestyle reliance on our mobile phone.  I would hate to be in Rand McNally’s shoes right now.  Why, though, is the mobile phone revolution going to persist longer than other fads such as Friendster and the Pet Rock – persist much like Microsoft Windows and the Petroleum industry has?

The answer is not that one person’s daily life relies on a mobile phone for communication and internet.  The answer is that the vast majority of society will soon rely on the abilities of mobile devices.  When adults tell me they don’t have a mode of transportation, a mobile phone, the internet, etc, I begin to wonder why.  It’s not necessarily that each person needs these items for his or her own personal use, but rather to effectively participate in American society.

I can see in 30 years everyone having a mobile phone with internet access.  People will consider it a lifestyle necessity, and will be severely impacted should damage or loss occur.  In the meantime, let’s just sit back and ride the wave of an enormous industry growing to support this mobile revolution.

As I sit in Dunkin Donuts reading CEO blogs and “the long tail theory” I’m trying to figure out how I can refocus my time thinking about a startup venture.  Until now, It’s been nothing but going through raw options of “what service can I offer” – this has not been fruitful for the past four weeks.  I’m starting to believe that this path may not lead me to the pot of gold, and that a major shift in thought process may be necessary to bring this “think tank time” to fruition.  To illustrate where I feel I need to be heading, let me tell of a story that offers great analogy to life and learning.

One day, while rock climbing, the person in charge of making sure I didn’t splat against the ground was talking me through a particularly tough face of the wall.  He had been up it many times and was overall a more experienced climber than myself.  I was new and was particularly stuck at a certain junction – trying incessantly to make the “jump” and grab a prayer of a ledge to keep up the wall.  Just in passing, he mentioned to me the following – “hey dude, head sideways, can’t always think about heading straight up the whole time”.  I followed suit, and completed the climb relatively easy after a tiny sideways scoot.

All poetic sap aside, the concept of positioning frequently comes up in my infant entrepreneurial efforts, and it seems that repositioning my thought process is going to be necessary to ideate in the proper direction.  Time to start thinking sideways.  Better yet, time to figure out how to think sideways in the first place.  I’m taking anyone’s two cents for thoughts in this area, and your whole bank account is certainly welcome.

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