Previous Next

OEN Blog

July 2009

According to Entrepreneur Magazine, Portland (deemed the Cooperator) is number 2 on the list of the top 10 startup-friendly cities.Check out Where to be an Entrepreneur in its entirety.

 

There’s something that statistics just can’t capture about the entrepreneurial spirit of a town. In some cities, the do-it-yourself business ethic may spring from a ruined economy. In others, small-business booms were carefully engineered by long-term government policies, or developed as a byproduct of rapid growth. Whatever the case, you’ll know it when you step into an entrepreneurial city: There’s an openness and energy that permeates the whole culture, an infectious enthusiasm throughout the small-business community, and a faith that any problem can be overcome through dedication and smart decisions. Read the rest of the article to see the 10 cities Entrepreneur Magazine thinks embody the entrepreneurial spirit--and some of the entrepreneurs that power them to greatness.

0 Comments Permalink

Emarketer.com discusses the importance of nurturing social media marketing. Firms currently using social media marketing evaluate the effectiveness of the tool.

To Read More Click Here.

0 Comments Permalink

Portland Angel  Network/Oregon Angel Fund - Call for Applications - Due Thursday, August 6th  at 5:00 PM

 

OEN’s Portland Angel Network (PAN) is a group of over 70  accredited angel investors who meet every other month to hear presentations from  three early-stage entrepreneurial companies pursuing angel investing. An  independently managed subset of PAN members who prefer to invest as a group have  formed the Oregon Angel Fund  (OAF), a highly structured, professionally managed, investor-led angel fund  dedicated to investing in PAN applicants over a 12-month period.

 

Companies interested in applying to present at the September 17th  PAN/OAF meeting need to apply by 5:00 PM on Thursday, August 6th.


OEN's Venture Northwest - Call for Applications - Due Wednesday, September 2 at 5:00 p.m.
OEN's  Venture Northwest is the premier forum for investment opportunities in emerging  companies throughout the Pacific Northwest. This conference will showcase  venture-ready companies to investors.

If your company is venture-ready  we invite you to apply. We’re looking for strong companies from Oregon,  Washington, Idaho, and British Columbia who are ready to present to investors. 

OEN's Seed Oregon PubTalk - Call  for Applications - Due Friday, September 18 at 5:00 PM

OEN's Seed  Oregon is a unique competition held during four consecutive PubTalk events. The  competition is for Oregon and Southwest Washington seed-stage companies who are  seeking capital within the range of $100,000 to $2,000,000. One winner from each  preliminary round will move on to a championship round, where a finalist will  earn a coveted presenting opportunity at OEN’s Angel Oregon, the premier  angel investing event in the Northwest.

Nine presenting companies in  total will be selected to compete in the 2009-2010 Seed Oregon tournament. Each  will have 10 minutes to present their concept to the PubTalk audience, followed  by a 10 minute Q&A session. Three companies will compete at each of the  preliminary rounds, with the audience voting for the winning presentations to  move to the championship round.

Apply to OEN's Seed Oregon  PubTalk!

0 Comments Permalink

Join ZINO Society for our fourth annual ZINO Zillionaire Investment Forum (ZZIF).  Meet and hear 28 companies, representing a variety of business sectors, present to an audience of angel investors, venture capitalists and business leaders. Presenting companies and investors connect throughout the day via a walk-around lunch, exhibition space, pre-event VIP dinner and the culminating Awards and Wine Reception.

All presenting companies will be profiled in the September 4th edition of the Puget Sound Business Journal.

ZZIF’s $100,000 Family of Funds to be awarded at the end of the day:
$50,000 to the Best Technology Investment Opportunity
$50,000 to the Best Non-technology Investment Opportunity

The first investment forum in Seattle to guarantee funding!

 

Deadline to apply - Friday, July 31, 2009 - Entrepreneurs apply to present HERE

 

Event Details:

Date:        Thursday, September 17, 2009                           

Time:        8:00am - 6:00pm

Location:   Four Seasons Hotel - Seattle
                 99 Union Street
                 Seattle, WA 98101
                 (206) 749-7000

 

Ticket information HERE                               http://www.zinosociety.com/entrepreneurs/applytopresent/zzif2009/applicationprocess/

0 Comments Permalink

Why People Use Twitter

Posted by Mikael Mirza Jul 28, 2009

    

Emarketer.com wrote a great peice delving into the reasons people use twitter; They also give great stats on who uses twitter and who they are tweeting.

 

To read the full story click here.

0 Comments Permalink

Sheila Tolle – VP of Marketing – Intuit Small Business Group, spoke on the topic of Combining eCommerce and Community: It’s a new normal and there is no going back. at the Internet Strategy Forum West 09

 

The new normal – power shifts from company to individual.

 

Edelman – Trust barometer – 2nd least trusted, CEO’s of companies, 1st least trusted, Journalists. You have to find new ways to communicate with your customers. You have to engage with them in a compelling and interactive way.

 

The trend:

85% of all us online consumers will be reading or  viewing social content by the end of 2009 - This is an opportunity to communicate with customers BUT remember....

 

You are not in control of your brand. You never have been. People were always talking before, now you know what they are actually saying.

 

You can leverage the online community to get the information regarding your ad campaign or product design. It could save you $$$.

 

Leverage twitter to engage with customers. You can interact as an idividuals representing a company. Enable to realize that the company is a collection of individuals and interact on a person to person basis instead of in a monolithic way.

            

They creates a Live Community in Quickbooks. Customers can ask questions when they had a problem and get help from peers in addition to the moderated customer support. The results were that 75% of the questions were being answered by other customers and satisfaction with product support increased.

 

If you only do one thing – Listen.

Intuits online conversation cloud – one way of looking at what’s being said about intuit. (use radian 6)

 

Listening on a budget

Listening in twitter – http://search.twitter.com

Blogs: http://www.technorati.

Forums boardtrackter.com

Listening byond just your brand name

Try a google search using

[brandname here] + sucks

[brandname here] + fail

[brandname here] + love

Know what people are saying about your company. You will have info to provide you understanding of how your brand is being perceived.

 

Five take a way points

Turn the bullhorn around let customers talk to you

Become a part of the community you serve.

Find /live your higher purpose. Think about why you exist. Be that. Help business succeed. Embrace your higher purpose. Not selling more.

Create amazing experiences.

Embrace the chaos. You can’t control it.

0 Comments Permalink

Katherine Durham Vice President of Marketing, Imaging & Printing Group, Americas Hewlett-Packard presented on the topic of Shifting the Digital Marketing Mindset to Harness the power of an Integrated Approach at the Internet Strategy Forum Summit

 

Katherine shared some very interesting observations regarding digital media.

Digital media  is getting Marketing Back to basics. You have to know the right customer, give them the right message, at the right time and in the right place.

 

Some trends to pay attention to:

Mobility – 85% have mobile access.

Video – 77% people use videos.

Reviews – Credibility 87% of customers would rather ask a friend than to ask a critic. Negative reviews tend to convert more people to sales.

Research - 96% consumers research online, 79% purchase in store from consumer product lines

Leveraging Social networking for Marketing:

Customers, critics, fans and employees all want to have a say. Listening is good. Talking is good, collaborating is good. Sharing is good.

 

Create Friends – Trust, context, ideas – who do you go to for buying decisions.

 

Learn more about Katherine Durham and her thoughts on marketing in and interview conducted by Kent Lewis of Anvil Media.

 

http://www.lockergnome.com/kentlewis/2009/06/25/internet-strategy-forum-summit-interview-katherine-durham/

 

 

 

 

 

 

 

 

 

 

0 Comments Permalink

Location: On the roof of Hotel deLuxe
729 SW 15th Ave, Portland, OR
Date: August 18, 2009
Time: 5:30pm to 9:00pm
Cost: $10.00

 

Join SEMpdx on Thursday August 18th on the roof of Hotel deLuxe in beautiful downtown Portland for a wonderful evening of old school and in-person social networking along with co-sponsors:

 

American Marketing Association (AMA)

Portland Advertising Federation (PAF)

Software Association of Oregon (SAO)

Social Media Club

Oregon Entrepreneurs Network (OEN)

Public Relations Society of America (PRSA)

Internet Strategy Forum (ISF)

Web Analytics Wednesday (WAW)

Oregon Creative Industries (OCI)

 

This exclusive venue promises to be the setting for the most talked-about networking event of the year. Not only will you be on top of one of Portland’s most luxurious hotels . . . but, you will also be able to be on top of the latest developments going-on at some of the most innovative marketing associations in the Pacific Northwest!

Reserve your place on the roof today!

 

This is a pre-register ONLY event. Unregistered individuals will not be admitted at the door. Please visit the SEMpdx Web site to register for this exciting evening of socializing, networking, and being seen with the cool kids.

The roof will definitely be on fire!

Register Today!

0 Comments Permalink

With the proliferation of social media the discussion of how to play nice in the sandbox and what is considered acceptable behavior is up for debate again. Check out the NPR Segment and the complete list of rules and the reasons behind them on Wired magazine.

 

We'd love to hear what you think.

0 Comments Permalink

    

The New York Times explains that claims for unemployment benefits have fallen in the last week. The Times also explained these numbers may be distorted by the numerous automotive layoffs that have occurred recently.

 

To read more click here.

0 Comments Permalink

Interesting article in Newsweek that suggests less talk could mean more action.  How many of us quietly align the right people to help us achieve our goals, vs. telling anyone who will listen to hear ourselves talk and never getting down to business? I vote for less talking, more doing...how bout you?

 

http://www.newsweek.com/id/197006

0 Comments Permalink

Green Beginnings 

Posted by Mikael Mirza Jul 17, 2009

    

Nichole L. Torres of Entrepreneur Magazine describes the advantages to building green policies into your firm during the startup phase. Torres uses good real world examples to show that its possible to be environmentally conscious and still be profitable.

 

To read how to click here.

0 Comments Permalink

    

Tim Berry of Entrepreneur Magazine busts the myth of free government money for startups and gives real how to’s on funding your venture.

 

To read the full story click here.

0 Comments Permalink

Lynn Parker of Entrepreneur Magazine has spent 25 years as a branding consultant. Parker has identified 5 common mistakes she has seen businesses make when branding themselves.

 

Mistake No.1: Equating Branding with Communication

Yes, branding includes communications. But if your branding strategy is all about messaging and advertising and nothing about business strategy or people, then you won't be able to deliver on your communications. If you have lousy customer service, telling people it's great will only drive customers away faster. But investing in training and infrastructure to improve service will enable you to market your great service and still look yourself in the mirror As more information about companies and products is available online, a great company and product are your brand's only defense.

 

Mistake No.2: Branding on Price
Don't do it. Basing your brand on your low price is a race to the bottom--and someone will always beat you there. Even if your prices are the same as your competitors' prices, you need to give clients compelling reasons beyond price to buy from you. The difference between the product offered by Morton Salt and a supermarket's house brand? Not much. The difference in pricing? Fourteen percent. That margin is due to how well Morton has built up the intangible parts of its brand. Establish trust with your customers, and you can breathe a lot easier when the newest competitor undercuts your price.

To read them all click here.

0 Comments Permalink

According to Brad Sugars of Entrepreneur Magazine an economical and effective alternative to advertising is good PR. Sugars gives ten suggestions for new startups when using PR. A highly suggested read for those on a budget and still need to get their name out there. To learn all about it click here.

0 Comments Permalink

Portland Twitter Jobs

Posted by Mikael Mirza Jul 13, 2009

For the many of you sitting around without jobs reading facebook and twitter posts portlandtwitterjobs.com may be a more productive use of your online reading time. Portlandtwitterjobs.com provides a list of job posts and recent job news to help those in need of gainful employment. Also it serves as a handy tool for employers looking for new talent. To check it out just click here.

0 Comments Permalink

    

Tom Szaky poses the question at inc.com when should a company partner up? Szaky brings great examples to the table, using his own firm TerraCycle and their recent partnering with YakPak and American Greetings. Szaky addresses the issues that many have of giving up your power when partnering or outsourcing; but Szaky shows that the risks are worth the rewards of maximizing your potential when partnering.

 

Read the full story.



0 Comments Permalink

Portland  Angel Network/Oregon Angel Fund - Call for Applications - Thursday, Due  August 6th @ 5:00 pm.

 

OEN's Portland Angel Network (PAN) is a group  of over 70 accredited angel investors who meet every other month to hear  presentations from three early-stage entrepreneurial companies pursuing angel  investing. An independently managed subset of PAN members who prefer to invest  as a group have formed the Oregon  Angel Fund (OAF), a highly structured, professionally managed, investor-led  angel fund dedicated to investing in PAN applicants over a 12-month period.

 

Companies interested in applying to present at the September 17th  PAN/OAF meeting need to apply by 5:00 PM on Thursday, August 6th.

 

OEN's  Venture Northwest - Call for Applications - Due Wednesday, September 2 at  5:00 p.m.
OEN's Venture Northwest is the premier forum for investment  opportunities in emerging companies throughout the Pacific Northwest. This  conference will showcase venture-ready companies to investors.

 

If your  company is venture-ready we invite you to apply. We're looking for strong  companies from Oregon, Washington, Idaho, and British Columbia who are ready to  present to investors.

0 Comments Permalink

Rich Mintzer of Entreprenuer Magazinewrote what he belives to be the seven steps that every new entreprenuer must be aware of.

 

1.Do your market research: Just because you build it or sell it doesn't necessarily mean anyone will buy it. The first essential step is to research your potential market. Who needs what you are offering? Is there space for your product or service in the market or is the market saturated? Is the market national? Is it a niche? Can you define your ideal customers? These are all questions that need to be answered before you even consider starting a business. Too many entrepreneurs have found out the hard way that there was not enough market share for them to capture.

Others have realized that their target market audience was far too limited to make their business work.

 

2.Show yourself the money: You can't start a business without capital. Determine what you have, what you will need and how you will go about getting it. If you plan to seek investor funding or financing, start writing a business plan and practice your pitch. Research the costs associated with your business. Know how much money you'll need and decide where it could come from.

 

3.Hire a good business attorney: You don't necessarily need to have an attorney on a retainer, but you'll want to hire an attorney experienced with new businesses to help you get started. Your attorney can advise you about such things as drafting contracts, reviewing your lease and determining the right business structure. "A good attorney will know what it is that you are trying to do and help you structure your business in a way that will be beneficial to you," says Chris Talis, senior partner at Hedgerow Mergers Acquisitions in Teaneck, N.J. The best way to find a good attorney is by referral or through networking.

4.Hire a good accountant: An accountant will work in conjunction with your attorney and be instrumental in determining the best form of ownership. He can also help you establish bookkeeping and other record keeping procedures that can keep you on track for years. Most important, a good accountant will help with tax planning. "You will also want an accountant who understands the state laws, since every state has its own little intricacies, such as sales tax issues," Talis says, adding that it's important for your accountant to be familiar with startup ventures.

5. Decide on a business structure: Your choices include sole proprietorship, partnership, corporation, "S" corporation or limited liability corporation (LLC). Personal liability, taxes, paperwork and regulations vary greatly among the different legal business structures. Your attorney and accountant will play a key role in assisting you in this important decision.

6. Decide on a business name: It may seem obvious and simple, but the name is how your business will be known to the world. The right name says a lot about your company. Make a list of  potential names and narrow the list down to the one that best describes your company in a few words, while being catchy, easy to remember, easy to pronounce and easy to spell. You should also consider how it will translate to a web domain name. You'll also need to do research to see if there are a) similar business names and b) similar domain names.

7. Get all necessary licenses and permits: Along with a business license, you may need to get additional licenses depending on the type of business and local laws. Many professionals, such as contractors and real estate agents, need to be licensed in the states in which they work. Additionally, you may need licenses to manufacture and/or sell specific products such as liquor, firearms or even lottery tickets. Research all licenses applicable in your county and your state. It's also extremely important to know the zoning laws before you open a business. Don't assume the zoning laws don’t apply to you. You can get information on zoning from your local county clerk’s office.
0 Comments Permalink

John Huston the current President of Angel Capital Association outlines outlines the ten possible outcomes of Angel Investment. Listen to the entire list on the Podcast.

 

     1.“Grand Slam Homerun” -- Exceeds a 10X in five years (>58% IRR)

     2.“A Lucrative Exit” -- <58% IRR, but at least a 1 – 10X return

     3.The “Harry Houdini” -- Escaped with a 1X return; No loss

     4.“Lost a Little” -- Didn’t lose it all (<1X but not a 0X)

     5.“My Grandkids’ Company” -- Company is successful but there’s no exit in sight. Maybe it will occur after my grandchildren inherit the portfolio?

     6.The “Zombie” -- A walking dead venture which will never become a great company, nor will it die so I can declare the loss.

     7.“Deductible Loss” -- It died without a tail and I got to declare the loss (or sold my shares for $1.00 to record the loss)

     8.“Funeral Expenses” -- Not only did I lose all my original investment, I had to also cover the costs of winding down the venture, plus pay accountants to provide the final accounting needed so I could take my tax deduction.

     9.“The Worst Gets Worse” -- “The loss that keeps on losing” due to ongoing litigation expenses even after the company has no value.

     10.“Angel Hell” -- In addition to losing all my investment plus a considerable amount of my time, media coverage, tarnished my reputation, plus damaged my relationship with co-investors.

0 Comments Permalink

    

According to eMarketer.com there are two areas that marketers must consider when evaluating there advertising.

  1. How successfully and efficiently did I reach my intended target consumer?
  2. Did my advertising campaign influence the consumer’s attitudes, perceptions or behaviors associated with the brand?

 

After conducting extensive research eMarketer.com CEO Geoff Ramsey came up with five approaches which will help any company move forward in online brand measurement in his book Online Brand Measurement: Connecting the Dots.

1.     The first critical step for marketers when developing any measurement programs must be to identify their brand’s top marketing objectives.

2.     Keep in mind that there is no single measurement system that does it all, nor will there be a silver bullet in the future.

3.     A hybrid of traditional and digital approaches will be necessary, which will require a dramatic reinvention of measurement as we know it.

4.     The Internet must be rolled up within existing media mix models. There is a clarion call for the traditional metrics of reach, frequency and GRPs to be integrated with the Web—but this will only be the starting point, not the end game.

5.     Connecting all the dots requires collaboration. Key industry stakeholders will need to work closely together to create seamless databases that talk to each other. One top priority: continuously refining attribution models that assign mathematical weights to the various digital footprints captured along the consumer buying cycle.

0 Comments Permalink

Contact:

Jeff Fishburn

OnPR for Oregon Entrepreneurs Network
503-802-4408
jefff@onpr.com
@jefffishburn

 

14 companies and individuals to be honored for their entrepreneurial spirit and successes

 

July 8, 2009, Portland, Ore. — The Oregon Entrepreneurs Network (OEN) today announced the list of 14 finalists for the 16th OEN Tom Holce Entrepreneurship Awards. The awards will be presented at the Oregon Convention Center on September 24, 2009.

 

Finalists for the annual OEN awards were chosen from 64 nominated companies and individuals throughout Oregon and Southwest Washington. The OEN Tom Holce Entrepreneurship Awards Judging Committee, chaired by Bob Sternberg, narrowed the field to 14 finalists after weeks of research and due diligence. The list of finalists follows, below.

 

Awards will be presented in four categories: OEN Development Stage Company of the Year; OEN Working Capital Stage Company of the Year; OEN Growth Stage Company of the Year and the OEN Entrepreneurship Award for Individual Achievement. These categories allow competition between companies in different markets based on performance during a particular stage in the company’s development.


“It’s been a challenging year for companies given the economy. The finalists for the OEN Tom Holce Entrepreneurship Awards demonstrate the creativity and determination required of businesses to succeed in the face of such odds,” said Brenda Meltebeke of Ater Wynne, chair of this year’s OEN Tom Holce Entrepreneurship Awards.

 

“The field of candidates and companies that were nominated for the awards competition was truly impressive,” said Linda Weston, Executive Director of OEN.  “It is very encouraging to see such strong organizations and leaders of this caliber who are the backbone of the Northwest’s economic future.”

 

Tickets to the OEN Tom Holce Entrepreneurship Awards, the organization’s largest fundraiser of the year, are available online at OEN.org or through the OEN offices at 503-222-2270.

 

About OEN
Founded in 1991, the Oregon Entrepreneurs Network is a not-for-profit corporation dedicated to providing opportunities for Oregon entrepreneurs and improving the business climate for emerging, growth-oriented companies statewide. The organization has members throughout Oregon and Southwest Washington. For more information about the OEN, visit its website at www.oen.org.

 

 

2009 OEN Tom Holce Entrepreneurship Awards Finalists

Awards will be presented Thursday, September 24, 2009

 

2009 Development Stage Company of the Year

DesignMedix, Inc. (Portland)    www.designmedix.com

DesignMedix  develops drugs to overcome the widespread problem of drug resistance. Many infectious agents develop resistance to previously active drugs through a similar mechanism that can be overcome using the DesignMedix drug discovery technology. The company’s initial focus is on malaria, which kills over a million children per year and affects up to 500 million people. Future DesignMedix products will apply the technology to address major infectious disease markets.

 

Jama Software (Portland)    www.jamasoftware.com

Jama Software helps companies build great products.  Founded by an entrepreneurial team and funded by local investors, Jama has created a simple yet powerful software application called Contour that organizations use to manage their product innovation process.  Jama is challenging larger vendors such as IBM as the innovative newcomer within a $9 billion market.  Culturally, we strive to build a successful business that makes a positive impact on our community, investors and employees.  With customers that already include Intel, Volvo, Virgin, Wells Fargo, Merck, Boeing and Amgen, Jama is poised for significant growth over the next few years.

 

Little Busy Bodies (Portland)    www.boogiewipes.com

Little Busy Bodies manufactures and distributes Saline nose wipes Boogie Wipes®. They launched the product in December of 2007 in Portland at Fred Meyer and have been moving fast ever since. They currently have 6 SKU’s on the market including three different scents. Original fresh scent, Great grape, and Magic menthol.  Boogie Wipes® come in a 30 count pack, and single units individually wrapped packaged in a box of 10.  Boogie Wipes  are currently sold at over 30 thousand retail locations in the US.

 

Wicked Quick (Portland)    www.wickedquick.com

Wicked Quick is a premium clothing and accessories brand currently offering men's and boy's product at all Nordstrom stores and Metropark (women's in development).  They are in discussion with Macy's, The Buckle and others.  They also are delivering performance product to professional teams including Joe Gibbs Racing (NASCAR).  In 2009, they expect to modestly grow the business, run it conservatively and position it for stronger growth in the future.
  
2009 Growth Stage Company of the Year
Deschutes Brewery, Inc. (Bend)    www.deschutesbrewery.com

Deschutes Brewery, located in Central Oregon along the banks of the wild and scenic Deschutes River, has brewed a family of handcrafted ales since 1988. Starting out as a small brewpub in the heart of downtown Bend, they have now expanded to Portland Oregon with a restaurant and brew pub. Deschutes’ first beers were Black Butte Porter, Bachelor Bitter and Cascade Golden Ale.

 

Micro Power Electronics, Inc. (Beaverton)    www.micro-power.com

Micro Power Electronics, Inc. supplies custom battery systems to the portable medical, handheld Automatic Identification and Data Collection and commercial military markets.  As a pioneer in the development of lithium battery systems, mart battery packs, chargers power supplies and docking stations, Micro Power has more than 20 years of experience developing battery solutions. With a proven track record of technical excellence, quality solutions and award sinning service, Micro Power has become the fastest growing supplier of custom battery systems in North America.

 

Motorcycle Superstore, Inc. (Medford)    www.motorcycle-superstore.com

Motorcycle Superstore sells motorcycle gear, apparel parts and accessories via the internet.  As the clear leader in the motorcycle gear and accessories e-commerce space, Motorcycle Superstore has recently landed in position #223 on Internet Retailers list of the Top 500 e-Retailers, an improvement of 73 positions from 2008.  Motorcycle Superstore serves over one million unique monthly visitors and is on pace to hit $75 million in sales in 2009. In a time of economic uncertainty, Motorcycle Superstore continues to achieve 70% year-over-year growth in 2009.  This growth can be attributed to several factors including significantly improved customer acquisition programs, refined customer relationship management processes and superior customer service and overall operations.

 

2009 Working Capital Stage of the Year
gDiapers (Portland)    www.gdiapers.com

gDiapers manufactures and markets the world’s only flushable, biodegradable baby diaper. The US diaper market is worth $5 billion. gDiapers offers parents a diaper that is best for both planet (no landfill needed) and baby (no plastic).
The product has been in Australia since 1991. The Founders of gDiapers were happy customers of the Australian product. They bought the rights to the IP and moved to the US in 2004, pro-actively choosing Portland due to its green sensibilities. They launched at New Seasons Market in November 2005. The product is sold in approximately 1,000 stores in the US and Canada.

 

Monsoon Inc. (Portland)     www.monsoonworks.com

Monsoon provides a powerful, scalable online marketplace selling solution that addresses the needs of every type of seller, from the sole proprietor, to the pure online merchant, to “bricks‐and‐mortar” retailers of all sizes. Serving customers worldwide, the Company offers end‐to‐end solutions for the management, processing, pricing, and reporting for successful online selling. Monsoon improves a seller’s bottom line and profit margins by streamlining the online selling experience through process improvement and best practices. The Company currently works with customers in the US, Canada, and the United Kingdom.

 

Smarsh, Inc. (Portland)     www.smarsh.com

Smarsh is a leading managed service provider of innovative, secure and reliable email archiving solutions for compliance and records retention, proactive litigation readiness, and mail server data management. The company also offers an integrated suite of technology solutions for data-leak prevention and encryption, customer relationship management and website design and hosting.
Founded in 2001, Smarsh has built its trusted reputation by handling the sophisticated archiving needs of the financial services industry. Customizable solutions fit the needs, budgets and technological infrastructure of any business and are matched with Smarsh’s unrivaled customer support and service.

 

2009 Award for Individual Achievement
Bill Kelly —Learning.com (Portland)    www.learning.com

Bill is co-founder and has served as CEO for Learning.com since 1999. In 1996 he was co-founder and Executive Vice President of Sapient Health Network, Inc., a pioneer in developing online health-oriented communities for consumers. When Sapient was acquired by WebMD, William served as its Vice President of Commerce. He has more than a decade of experience helping to nurture the concept of online communities and user generated value, and is leading Learning.com to apply online community development in K-12 education. William received his bachelor’s degree from Brigham Young University and his master’s degree in business from Harvard Business School. A Portland native and resident, he has served on the boards and as a volunteer for numerous community organizations, including education, arts, and youth services groups. He is currently on the board of the Portland Schools Foundation. He and his wife have four school-aged children.

Lynnor Stevenson – Design Medix (Portland)    www.designmedix.com

Lynnor Stevenson is a successful entrepreneur with thirty years experience in the formation and growth of bioscience companies based on university research.  Lynnor most recently has been a Managing Partner of Alta Biomedical Group, a consulting firm that handles projects in the commercialization of innovative technology. She has engaged in building and leading ten start-up companies, of which six now are public companies. She was founding CEO for 5 years and a director for 18 years of Heska Corporation, an animal health company that develops drugs, vaccines and diagnostics including for parasites. She was a member of the early-stage teams for Creative BioMolecules (now Curis), AP Pharma, Agen and Univax (now Nabi). In addition to business and R&D experience relating to drugs, vaccines and diagnostics, she has experience in drug development at several companies including the submission of several IND (Investigational New Drug) applications to the FDA. She received B.Sc.Hon. and B.Ed. degrees from Melbourne University and a Ph.D in Biochemistry from Monash University, Australia.

Ray King – AboutUs.org (Portland)    www.aboutus.org

Ray has worked at four startups and enjoys the technical and business challenges that go along with birthing totally new ideas.  In high school he and a friend launched "The Computer Workshop" to train students on the use of Apple II's and IBM PCs.  This company was featured on EyeWitness news and the New York Times.  Several years later, while in college at M.I.T., he wrote project management software for his father's architectural firm.  This project turned into a company, Semaphore, Inc. and in 1990 had risen to be rated #1 among all of the competitors in the space (by ARCHITECTURE Magazine).  By 2000, the company had over 2,500 clients, 100 employees and was acquired by Deltek.

 

Later that year, Ray moved to from New York City to Portland, Oregon to co-found SnapNames.com.  Inventing several new ways for people to acquire domain names, the company eventually grew to over $49MM in revenue and was ultimately acquired by Oversee.net.  His current venture, AboutUs.org has pioneered the idea of an "editable overlay" for the entire web.  Serving over 8 Million unique visitors per month, the company profitably employs 30 people in both Portland and its branch office in Lahore, Pakistan.

 

Steve Sharp – TriQuint (Portland)    www.triquint.com

Steve Sharp originally joined TriQuint in September 1991 as director, president and chief executive officer. In May 1992, he became chairman of the board. In July 2002, Mr. Sharp stepped down as president and chief executive officer of TriQuint, and in September 2004, he resigned as an employee of the company but remains as chairman of the board of directors of TriQuint. Previously, Mr. Sharp had served various roles associated with venture capital-financed semiconductor companies. In these assignments he was founder of Power Integrations, Inc. and Silicon Architects, Inc. (since acquired by Synopsys, Inc.). Mr. Sharp was also a Director at Volterra Semiconductor Corp., Megatest Corp. (since acquired by Teradyne, Inc.), Crystal Semiconductor, Inc. (since acquired by Cirrus Logic, Inc.) and Gazelle Microelectronics (now TriQuint). Prior to that time, Mr. Sharp was employed for 14 years by Signetics Corporation (since acquired by Philips Electronics N.V.), a semiconductor manufacturer and for nine years by Texas Instruments, Incorporated, a semiconductor manufacturer. Mr. Sharp also serves as a director of Power Integrations, Inc. and Ambric, Inc. He received a B.S. degree in Mechanical Engineering from Southern Methodist University, a M.S. degree in Engineering Science from California Institute of Technology and a M.B.A. from Stanford University.

0 Comments Permalink

Guy Kawasawki of How to Change the World recognized there is always info being shared on what entrepreneurs should do. Here he shares a dozen truthful and funny don'ts entrepreneurs should not do. See his 12 most important don'ts:

 

  1. Don’t worry, be crappy. Perfectionism, first of all, is an illusion. Nothing is perfect. Even worse, perfection stands in the way of revenue and truly learning what customers think because nothing is in their hands yet. When your product is “good enough” (but not “perfect”), ship it, and see what happens.
  2. Don’t give out lofty titles. Just because a roommate was there during the drunken weekend when you came up with the idea for your company, doesn’t mean he should be CTO. Someday, you’ll need to hand out titles like director, vice-president, and chief whatever officer, so keep them in reserve. Until then refer to each other as “co-founders” and describe the area of responsibility: for example, “programming.” If your roommates aren’t cool with this, they’re doing you a favor by showing their colors now.
  3. Don’t hire your family. The probability that your spouse or relative is the best person you can get for a job is 0%. The probability that people will hate working at company with spouses and relatives is 100%. The probability that one of you will have to go someday is also 100%. Never hire out of expediency. Always hire the best person you can get. This usually means not hiring your family unless you’re Jack or Suzy Welch.

    By the way, if you both hire your family and give them a lofty title, you are truly a bozo.

  4. Don’t sweat valuation. This is easy for a venture capitalist to say, but your company is either going to die or make you more money than you imagined. Whether you have 10% or 15% and whether your pre-money valuation is $2 million or $3 million isn’t going to really matter. Do the math: 15% of $0 is $0, so stop negotiating, take the money, and build something that’s worth more than $0. Whatever valuation a venture capitalist offers you, increase it by 20% and counter her offer. This is just enough to show that you’re not a pushover, but not too much that it will prolong or blow up the negotiations.
  5. read more

    0 Comments Permalink

    The Toilet Paper Entrepreneur, Mike Michalowicz strikes again with some tips on getting rid of what he calls the mind junk or otherwise stated, the excuses that keep you from achieving your goals whether it be growing your business or just getting stuff done. He also has also aggregated 39 tips on breaking your bad habits by experts in their respective specialties.

     

    You know you have a couple bad habits...give it a read.

     

    http://www.toiletpaperentrepreneur.com/blog/39-ways-how-to-break-bad-habits

    0 Comments Permalink

    Actions