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Founder Insight 10/19/11

TheFunded.com Open Letter

Posted by Gopal Kamath on 2011-10-19

PUBLIC:

Editor’s Note: When you ask a successful entrepreneur how they did it, you are almost guaranteed to hear them cite "luck" as a prominent factor. Why? Because most major decisions in a startup are "life or death," and to succeed you need to make the correct call on many of these decisions. In such a context, survival and success appear lucky. Well, it's not.

Last week Adeo Ressi shared a simple, startup decision-making framework on the Founder Institute blog. This method helps you boil down any problem into a binary statement, allowing you to simplify the issue and make a decision quickly. Read the full post here

- Jonathan Greechan @jonnystartup

Inside the Founder Institute

'IP May be Your Savior’ by Joe Betts-LaCroix- In this talk from the Silicon Valley Founder Institute, Joe shares his experiences with patents, and gives a framework for how startups should approach IP.

Great Discussions on TheFunded:

Friends and Family Valuation

Can I Sell Burritos, Publicly, Before Filing a Patent for a Machine that Makes it...?

Recommended Resources:

Startup Tools [PBworks]

Stepping Back From the Angel Bubble [Jason Calacanis]

Upcoming Events:

Sydney Startup Ideation Bootcamp
Date/Location: October 19, 2011 from 6:30 PM - 8:30 PM
Description: In just two hours the Founder Institute will help you improve your startup ideas, come up with new ideas, and find a cofounder. Best of all it's free, and many local CEOs will be in attendance - including Darrin Walter, and Michael Fox.

FailCon 2011
Date/Location: October 24, 2011 from 8:30 AM - 7:00 PM: San Francisco, CA
Description: FailCon is a one-day conference for tech entrepreneurs, investors, developers and designers to study their failures and prepare for success. As an entrepreneur, you will inevitably encounter failure; it is overcoming it that is the biggest challenge. FailCon helps you do just that. Join founders from Color, Cuil, Airbnb, PBworks, and more as share advice on how to reach success. Founder Insight readers get 15% off here.

Washington D.C. Founder Night Out
Date/Location: October 26, 2011 from 7:00 PM - 9:00 PM: Arlington, VA
Description: The Founder Night Out is a unique opportunity to enjoy a collaborative and open environment where you can discuss your ideas, ask questions, and learn about launching a startup with the Founder Institute. Many past Founder Institute graduates will be in attendance, along with the local Founder Institute Director and some program Mentors.

London Startup Ideation Bootcamp
Date/Location: November 19, 2011 from 6:00 PM - 9:00 PM
Description: In just three hours the Founder Institute will help you improve your startup ideas, come up with new ideas, and find a cofounder. Best of all it's free, and many local CEOs will be in attendance - including Julian Ranger.

8th Founder Showcase
Date/Location: November 8, 2011 from 3:30 PM-10:00 PM: San Francisco, CA
Description: The Founder Showcase brings together leading investors, founders, and press for one action-packed night to network, hear talks from leading CEOs, and help launch a startup company to greatness. The 8th Founder Showcase will once again be our largest crowd yet (500+). Guests will be treated to a great keynote speech, an entertaining Pitch Competition featuring 10 promising startups, and drinks and appetizers in a networking hall full of emerging companies competing in a Demo Table Competition. This event has sold out the last five times, so register today. Founder Insight readers get 25% off using the code 'insightful'.

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