Start-ups. Yeah. HARD WORK & HEADACHES. But like most things in life, if they pan out, then all the long hours with little pay and endless frustrations are worth it. Well, I came across this post on TechCrunch that regales a presentation that offers sage advice to start-up…. Umm… Starters. Since Virtual Seeds™ is all about the virtual world’s “beta utopia” I thought it would be appropriate to share the knowledge of a successful “pioneer.”
TechCrunch: “Last night I saw a 45 minute presentation by Mint CEO Aaron Patzer at a startup competition event called Juice Pitcher on the Microsoft campus. The event, which is put on by TheFunded and Vator.tv, put a handful of new startups on stage to show their stuff and compete for a top prize. Between pitches, Patzer took the stage and told the story of Mint, in detail. His company just sold for $170 million to Intuit.”
Patzer gives advice on many things like “financial modelling, keeping costs low throughout the life cycle of the company, Mint’s revenue model, suggested goals and milestones for each successive funding round.”
CLICK HERE FOR THE PERSENTATION
Maybe you’re not a start-up founder but entrenched in a business or company that been plugging away for years. I would hazard a guess that there are ideas and concepts in this talk that, at the very least will be interesting, but and the other end of the spectrum – could possibly inspire a much needed shake up of the status quo. As the Human Truth™ for this Wave says: “I’ll go before you and let you know how it is”™ We can always benefit from the details of how people got it right.
