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	<title>Founders Blog &#187; Startups</title>
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	<link>http://grasshopper.com/blog/founders</link>
	<description>Entrepreneurial Insights from Entrepreneurs. Get inside the minds of Grasshopper founders David Hauser and Siamak Taghaddos to find out what it takes to become a successful entrepreneur.</description>
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		<title>4.5 Videos Every Web Entrepreneur Needs to Watch</title>
		<link>http://grasshopper.com/blog/founders/2010/01/28/4-5-videos-every-web-entrepreneur-needs-to-watch/</link>
		<comments>http://grasshopper.com/blog/founders/2010/01/28/4-5-videos-every-web-entrepreneur-needs-to-watch/#comments</comments>
		<pubDate>Thu, 28 Jan 2010 05:01:01 +0000</pubDate>
		<dc:creator>Siamak Taghaddos</dc:creator>
				<category><![CDATA[Entrepreneurs]]></category>
		<category><![CDATA[Startups]]></category>
		<category><![CDATA[inspiration]]></category>
		<category><![CDATA[speaking]]></category>

		<guid isPermaLink="false">http://grasshopper.com/blog/founders/?p=594</guid>
		<description><![CDATA[A piece of advice to web entrepreneurs just getting started: rather than becoming consumed with starting the next Google or Facebook, focus on creating a remarkable company with a niche target market that solves a problem that you yourself have had. Here are four and a half great videos from six entrepreneurs to help you [...]]]></description>
			<content:encoded><![CDATA[<p>A piece of advice to web entrepreneurs just getting started: rather than becoming consumed with starting the next Google or Facebook, focus on creating a remarkable company with a niche target market that solves a problem that you yourself have had. Here are four and a half great videos from six entrepreneurs to help you focus, get inspired, and launch a successful startup.</p>
<p><strong>1. Make Money &#8211; David Heinemeier Hannson, Co-founder of 37signals </strong></p>
<p>David from 37Signals gives an uplifting, straightforward talk on creating a profitable company, <a href="http://chargify.com/" target="_blank">charging money</a> for your product, and to solve simple problems. David and I have similar views on growing a business: do it yourself without venture capital, focus on entrepreneurs (he calls them Fortune 5,000,000), and solve a problem you face yourself. What changes can you implement to either make or create an additional $1 million a year from your niche target?</p>
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<p>Connect with David on Twitter: <a href="http://twitter.com/dhh" target="_blank">@dhh</a></p>
<p><span id="more-594"></span></p>
<p><strong>2.  Break Conventions &#8211; Eoghan McCabe &amp; Des Traynor, Founders of Contrast.ie</strong></p>
<p>Breaking conventions is easier said than done, and Eoghan and Des do a great job showing us how to create a remarkable user experience by adding some personality and new thinking to your brand. How can you can make your user experience simply better using Eoghan and Des’ advice?</p>
<p align="center"><object width="437" height="311"><param name="movie" value="http://www.viddler.com/simple_on_site/6ae5e025" /><param name="allowScriptAccess" value="always" /><param name="allowFullScreen" value="true" /><param name="flashvars"><embed src="http://www.viddler.com/simple_on_site/6ae5e025" width="437" height="311" type="application/x-shockwave-flash"></embed></object></p>
<p>Connect with Eoghan and Des on Twitter: <a href="http://twitter.com/eoghanmccabe" target="_blank">@eoghanmccabe</a> and <a href="http://twitter.com/destraynor" target="_blank">@destraynor</a></p>
<p><strong>3.  Create Purpose &#8211; Guy Kawasaki, Managing Director of Garage Ventures</strong></p>
<p>Even web companies need to master the fundamentals. When you get past the fluff, Guy touches on a few important points every successful company should have such as a mantra, having a great team, a complimentary partner, and focus. Why exactly does your company exist and what milestones will help you achieve your goals? </p>
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<p>Connected with Guy on Twitter: <a href="http://twitter.com/guykawasaki" target="_blank">@guykawasaki</a></p>
<p><strong>4.  Be Remarkable &#8211; Seth Godin, Best-Selling Author</strong></p>
<p>The title of Seth’s presentation, “<em>Standing Out</em>,” isn’t the most fitting. Standing out is not as important as Seth’s point on how to get your idea to spread, being remarkable, and focusing on fashion and design to fuel your brand. What’s your purple cow?</p>
<p align="center"><object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/xBIVlM435Zg&amp;hl=en_US&amp;fs=1&amp;"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/xBIVlM435Zg&amp;hl=en_US&amp;fs=1&amp;" type="application/x-shockwave-flash" width="425" height="344"></embed></object></p>
<p><strong>4.5  Execute Financially &#8211; Aaron Patzer, CEO of Mint.com </strong></p>
<p>Why 4.5 you ask? Although I like Aaron’s story of how and why he founded Mint and his advice to entrepreneurs on overcoming doubt and structuring a team, I’m against early stage venture capital, handing out shares like candy, and starting a company without a co-founder. But nevertheless his advice on how to manage financials and plan for the unexpected is good whether or not you’ve decided to take on VC. Are you prepared for the stages in your business?</p>
<p align="center"><object width="400" height="227"><param name="allowfullscreen" value="true" /><param name="allowscriptaccess" value="always" /><param name="movie" value="http://vimeo.com/moogaloop.swf?clip_id=6960507&amp;server=vimeo.com&amp;show_title=1&amp;show_byline=1&amp;show_portrait=0&amp;color=&amp;fullscreen=1" /><embed src="http://vimeo.com/moogaloop.swf?clip_id=6960507&amp;server=vimeo.com&amp;show_title=1&amp;show_byline=1&amp;show_portrait=0&amp;color=&amp;fullscreen=1" type="application/x-shockwave-flash" width="400" height="227"></embed></object></p>
<p>Connect with Aaron on Twitter: <a href="http://twitter.com/apatzer" target="_blank">@apatzer</a></p>
]]></content:encoded>
			<wfw:commentRss>http://grasshopper.com/blog/founders/2010/01/28/4-5-videos-every-web-entrepreneur-needs-to-watch/feed/</wfw:commentRss>
		<slash:comments>7</slash:comments>
		</item>
		<item>
		<title>How to Pitch an Investor in 90 seconds</title>
		<link>http://grasshopper.com/blog/founders/2010/01/22/how-to-pitch-an-investor-in-90-seconds/</link>
		<comments>http://grasshopper.com/blog/founders/2010/01/22/how-to-pitch-an-investor-in-90-seconds/#comments</comments>
		<pubDate>Fri, 22 Jan 2010 17:40:18 +0000</pubDate>
		<dc:creator>Siamak Taghaddos</dc:creator>
				<category><![CDATA[Entrepreneurs]]></category>
		<category><![CDATA[Startups]]></category>
		<category><![CDATA[business strategy]]></category>
		<category><![CDATA[elevator pitch]]></category>

		<guid isPermaLink="false">http://grasshopper.com/blog/founders/?p=579</guid>
		<description><![CDATA[
You have 90 seconds to pitch an investor about your new, incredible business idea that’s going to change the world and make millions of dollars.  How do you do it? Simply break your story into five parts using this guideline of how I’d want to be pitched:


What is it, who’s your target and what’s [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://grasshopper.com/blog/founders/files/elevator-pitch3.gif"><img src="http://grasshopper.com/blog/founders/files/elevator-pitch3.gif" alt="elevator-pitch3" width="250" height="166" class="alignright size-full wp-image-590" /></a>
<p>You have 90 seconds to pitch an investor about your new, incredible business idea that’s going to change the world and make millions of dollars.  How do you do it? Simply break your story into five parts using this guideline of how I’d want to be pitched:</p>
<ul>
<li>
<p><strong>What is it, who’s your target and what’s the value? (20 seconds)</strong> </p>
<p>Get me excited. Focus on the value of your service rather than the features. Tell me quickly what it is, who your target market is, and tell me how it’s going to help them do something better, faster, or more easily. Focus on value and the void you’ll be filling.</li>
</p>
<li>
<p><strong>Pricing model? (10 seconds)</strong> </p>
<p>How much does it cost and how do you plan on making money? Recurring revenue or one-time fee?  </li>
</p>
<li>
<p><strong>Why is it unique or buzzworthy? (20 seconds)</strong> </p>
<p>What makes your product or service unique? Why will anyone care? What are you going to do to get people talking about it? </li>
</p>
<p><span id="more-579"></span></p>
<li>
<p><strong>Funding requirements? (15 seconds)</strong> </p>
<p>How much money do you need to get started and why? Very high level overview. </li>
</p>
<li>
<p><strong>The team? (25 seconds)</strong> </p>
<p>Who makes up your team and how are you going to make it happen? Why should I invest in you? Why are you the best person for the job? This is the most important section so take your time and remember, investors will be investing in you and your team, not your idea.</li>
</p>
</ul>
<p>Good luck.</p>
]]></content:encoded>
			<wfw:commentRss>http://grasshopper.com/blog/founders/2010/01/22/how-to-pitch-an-investor-in-90-seconds/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>MINDdrift: Learn how to fund a web app startup from nothing to $170M acquisition</title>
		<link>http://grasshopper.com/blog/founders/2009/10/15/minddrift-learn-how-to-fund-a-web-app-startup-from-nothing-to-170m-acquisition/</link>
		<comments>http://grasshopper.com/blog/founders/2009/10/15/minddrift-learn-how-to-fund-a-web-app-startup-from-nothing-to-170m-acquisition/#comments</comments>
		<pubDate>Thu, 15 Oct 2009 15:16:07 +0000</pubDate>
		<dc:creator>David Hauser</dc:creator>
				<category><![CDATA[MINDdrift]]></category>
		<category><![CDATA[Startups]]></category>

		<guid isPermaLink="false">http://grasshopper.com/blog/founders/?p=378</guid>
		<description><![CDATA[Check out David&#8217;s latest blog post on MINDdrift:

&#8220;If you&#8217;re in the web app startup space, no doubt you&#8217;ve heard the big news during TechCrunch50 that Mint was acquired for $170M. That&#8217;s a very high return on a company that did a great job visualizing data from Yodlee. What is Mint? It&#8217;s a great service that [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Check out David&#8217;s latest blog post on MINDdrift:</strong></p>
<p>
<blockquote>&#8220;If you&#8217;re in the web app startup space, no doubt you&#8217;ve heard the big news during TechCrunch50 that <a href="http://www.techcrunch.com/2009/09/14/the-value-of-techcrunch50-mint-acquired-by-intuit-for-170m-two-years-after-winning-tc40/" target="_blank">Mint was acquired for $170M</a>. That&#8217;s a very high return on a company that did a great job visualizing data from <a href="http://www.yodlee.com/" target="_blank">Yodlee</a>. What is Mint? It&#8217;s a great service that allows you to track all your accounts, expenses, budget and more. Many people, even ones that use the service, didn&#8217;t know that Mint actually gets their data from Yodlee, which preforms all the heavy lifting and connecting with financial institutions.&#8221;</p></blockquote>
<p>Read the rest of &#8220;<a href="http://www.davidhauser.com/MINDdrift/2009/10/learn-how-to-fund-a-web-app-st.html" target="_blank">Learn how to fund a web app startup from nothing to $170M acquisition</a>&#8220;</p>
<p>  <span id="more-378"></span></p>
]]></content:encoded>
			<wfw:commentRss>http://grasshopper.com/blog/founders/2009/10/15/minddrift-learn-how-to-fund-a-web-app-startup-from-nothing-to-170m-acquisition/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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