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39 Posts tagged with the marketing tag

October 14, 2010

 

The Oregon Entrepreneurs Network (OEN) kicked off its PubTalk™ Seed Oregon 2010 competition last evening in front of another packed house. The event featured engaging pitches from three area business startups seeking capital. The annual PubTalk competition consists of four rounds, with the winner of each round advancing to the championship round to compete for a presentation opportunity at OEN’s Angel Oregon competition.

 

CEO of GlobeSherpa Nat Parker launched the evening’s competition. Specializing in mobile applications for the iPhone and other platforms, Nat presented the business plan for his TransitSherpa application that enables mobile phone-based ticketing for transportation services. Positioning it as a “ticket operations management system”, Nat stated TransitSherpa will deliver transit agencies more fare paying passengers when provided an easier way to do so as well as comprehensive passenger data and reduced ticket printing and management costs.  www.globesherpa.com

 

CEO Paresh Patel feels his Vendscreen product and services “move the vending industry into the information age”. Paresh noted the average vending machine customer spends 45 seconds in the decision making process. Vendscreen intends to capitalize on this “captive” period by delivering benefits to both the 78 million daily vending machine users as well as the owners of vending machines with its new and existing machine-attached wireless displays. The displays will assist consumer decisions by providing compliance with the coming nutrition disclosure laws. Vending machine owners can offer advertising opportunities and can measure the effectiveness of that advertising.  www.vendscreen.com

 

Karin McKercher, CEO of Indie Vinos hopes to disrupt her statistic that the ten largest wineries in the U.S. control 62% of the distribution channels. McKercher hopes to reach and serve the 32% of the 25-34 year olds that are wine consumers that also make up the “social media generation” by building indievinos.com based independent winery communities with its social commerce site. In addition to providing a new and innovative distribution channel to the 6500 independent (a.k.a. “indie”) U.S. wineries, Indie Vinos will offer customer relationship management (CRM) software as a service (SAAS).

 

GlobeSherpa, the evening’s winner as determined by the audience’s text voting, now advances to the championship round to be held in during Q1 2011.

 

The next OEN PubTalk on November 10th will feature Round 2 of the Seed Oregon competition . Watch for the upcoming announcement that will identify the Round 2 presenters. OEN PubTalks are held at Backspace Cafe located at 115 NW 5th Avenue in downtown Portland.

 

Companies are encouraged to apply to compete! Applications are due Wednesday, October 20. http://www.oen.org/events_seed_guidelines.aspx

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Good keyword research is the cornerstone of any website’s success. It’s time-consuming, yet incredibly rewarding.

 

Keyword research gives you insight into the words people use to  search for products, services or information. That insight can help you craft content for your website that will make it rank higher in searches for your important keywords.

 

Research Keywords Across the Web

People perform millions of searches on Google every day -- 235 million per day in July 2008, according to Forbes magazine. Based on all that data, Google has created a tool that allows anyone to view the estimated monthly searches for any keyword or keyword phrase.

 

Keyword research can help you decide which words you should use  to describe the product, service or information you’re offering. You may think you’re selling beauty supplies for the pampered pet, but the keyword tool shows you that your customers are searching for "dog grooming  supplies."

 

You can check the popularity of a keyword in both global and local searches. Local searches are those performed in your targeted country and language. Global searches are those performed in all  countries and languages.

 

http://d3v8bt6u4b7hzw.cloudfront.net/5c510a20029c87a0462d2fdc4f1c6170.png

 

Google’s keyword tool will also show you terms you haven’t actually searched for. You may find some keywords that are both reasonably  popular and a good match for what you sell.

 

Research Your Site’s Keywords

If you are gathering analytic data on your website – for example, using Google Analytics – you should consult this data to see if any specific keywords are  producing activity on your site. If “puppy shampoo” is bringing visitors to your website, keep that puppy soaking.

 

Keyword Competition

The companies you view as your competition on the street may not be your competition on the web. For example, your local dog grooming business may find that a well-read dog grooming blog ranks higher in searches for “dog grooming.”

 

Do your own search for your most important keywords, and check out the websites that rank high in these searches. How strongly has the  No. 1 website focused on one of your desired keywords? If the site is using the keyword in its title tag, subheads and throughout its content, it could be difficult to compete.

 

This doesn’t mean you should abandon a keyword that’s right for your site. But it does mean you will have to work harder. Besides including the keyword in your title, subheads and text, you should try to emphasize the keyword to show its importance. Use bold font or color as appropriate, and use the keyword occasionally as anchor text to link to other content on your site, or to other websites.

 

Use Keywords that Describe Your Unique Offering

Identify what sets your services apart from others.  Try taking a look at keyword phrases of three or more words. Though not searched as often as single keywords or two-word phrases, these longer keyword phrases are more specific and thus usually less competitive.

 

http://d3v8bt6u4b7hzw.cloudfront.net/08076deeafcf908929ebe1a6083f84e3.png

In the first image, we see that “dog grooming supplies” is a fairly  competitive keyword category, with 9,900 global monthly searches (though not as competitive as the even more general "dog grooming," at 301,000  global monthly searches). In the image above, we see that the keyword  phrases "dog grooming salon," "dog grooming at home" and "dog grooming  shampoo" are all searched less frequently.

 

If you can find moderately searched keywords that are a good fit  for what you're selling, they're a good bet for including in your site's  content. You’ll probably rank a lot higher on searches for these  keywords than you’ll rank for a super-popular keyword phrase.

 

As a bonus, all of these keyword phrases are considered less competitive for anyone wanting to buy Google AdWords ads that will appear when these terms are searched. If you find less competitive terms that are appropriate to what you sell, it could be cost effective to buy ads against those terms.

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Advanced Keyword Tips

  • Look for any problem-based keyword phrases – phrases like “how  to groom my pet” or “what type of comb is best for dog grooming.” These phrases are perfect titles for articles or information pages you can publish on your website. They’ll attract attention from people seeking information, and bring them to your site.
  • Check Google Trends for current buzzwords in your industry. Create content based around those words as part of your online marketing strategy.
  • Google’s “related searches” setting is a great way to see additional relevant content based on any search you just performed.  Consider these related keywords as a basis for building good content on your website.

 

Now you’re equipped with keyword knowledge, and ready to outwit the competition. Get to it!

 

For guidance on creating effective Google Adwords campaigns, read Christian Bullock's articles, Google AdWords Guide for Beginners and Writing Good PPC Ads.

 

This article by Christian Bullock of Amplify Interactive first appeared in the Learn section of AboutUs.org,   a wiki directory of the web. The Learn section offers advice and tips  about growing your business on the web. OEN has invited me to republish  articles that are useful for entrepreneurs and their advocates.

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Every online marketing advice site is telling you to get active on Twitter, Facebook and other social sites. Reach out to your customers!  Dialogue with experts in your industry! Win the notice of influencers in  your market!

 

It's great advice, but there's one big problem: How do you track  all this activity? You need to know who's said good things about you,  and when, so you you can single these nice folks out and praise  something about their website or company. You need to know who's saying  less-than-good things about you - or things that just aren't accurate -  so you can prepare appropriate responses. You should track who's interested in your field and hasn't mentioned you yet, so you can start cultivating these folks.

 

You can get a quick start by looking at the free Site Metrics feature on your website's AboutUs page. Type your domain name into the  search bar - for example, MyWebsite.com - to get to  AboutUs.org/MyWebsite.com. The Site Metrics feature is in the right-hand  sidebar, and it includes data such as how many times your site has been  mentioned in social bookmarking sites, and how many backlinks to your  site can be found by different web crawlers.

 

Getting proficient at using and tracking social media is more  than just a "nice to have." Social media are an important part of online  presence, and could become even more important over the next three  years, according to some marketing experts.


Fortunately for you, people with deep experience in social media  marketing have picked through the myriad tools available for tracking  your social reach - and for watching what your competitors are doing.  Here's a list of recommended tools to help you get started. Many have  free trials or free versions, so you can play around and see how well a  tool works for you.

http://d3v8bt6u4b7hzw.cloudfront.net/c828c5190ccdb618b2a428fac371af0d.png48ers lets you search for mentions of your website on several important  social networks, all at once. You'll turn up what people are saying  about your site and your brand on Twitter, Facebook, social bookmarking  site Delicious, news clip site Digg and Google Buzz. AboutUs Community Lead Mark Dilley favors 48ers as a way to "get a quick overview of activity around your brand on the most prominent social network sites."

 

http://d3v8bt6u4b7hzw.cloudfront.net/866a50ef1e24197cad69114817bc11d5.pngHighrise is a customer relationship management tool for small business. Ian Lurie of Portent Interactive recommends it as a way to track when people say something about you on Twitter, Facebook or a blog. He uses it to remind himself to say something nice to or about people who have been kind to him.

 

Highrise is integrated with Twitter, so you can see what your contacts have been tweeting. The program also integrates with email campaign program http://www.mailchimp.com/MailChimp.

 

37Signals, creators of Highrise, offer a 30-day free trial. For extensive information on how different companies use the program, see the 37Signals product blog.

 

http://d3v8bt6u4b7hzw.cloudfront.net/59a441b8db033faf577146cef29be8c0.pngOpen Site Explorer, created by the search optimization experts at SEOmoz,  lets you see who's linking to your website. Even better, you can see  who's linking to your competitors or other sites similar to yours - a  great way to discover whom you should be cultivating.

 

Open Site Explorer has a free version and a paid premium version.  The free version lets you see up to 1,000 links and 20 metrics, while  the paid plans let you see up to 10,000 links and more metrics. You also  get to ask SEOmoz experts for personal help with the paid version.

 

http://d3v8bt6u4b7hzw.cloudfront.net/2102c5c78eaef5aa15107f148b554e0f.pngMajesticSEO allows you to compare the backlinks to more than one website at a time - useful for seeing who's linking to your competitors, or to sites similar to yours.

 

The link analyzer also lets you see how many links have been  created to your website over time. If you have lots of links for a week  or two, and then the number suddenly dives, you can try to figure out  what you were doing right when you had more links. If a competitor had  lots of links in a specific time period, you can look at their social  activity at that time to see what they did to earn those links.

 

You can also figure out whether your site is hosted in a "bad  neighborhood" - that is, you can check whether your current or  prospective web hosting company is hosting sites that are considered  spammy. You don't want to be hosted alongside these bad actors, for fear  of being regarded by search engines as a similarly bad actor. This is  an important issue that's not widely understood by most website owners.

 

http://d3v8bt6u4b7hzw.cloudfront.net/09c6d85055d5cf3c167eee4c062a8e16.pngTwitScoop lets you see which topics are hot on Twitter. You can use TwitScoop to  post tweets and follow people, just as you do on Twitter itself. At the  same time, you can observe the tag cloud to the right of your stream,  which displays the hottest topics in real time.

 

Staying on top of trending topics can help you decide what to  write about on your blog, in hopes of getting ranked high in search  results. You can also find people who care about a specific topic -  people who could be your prospective customers, business partners, or  bloggers who might want to write about something you're doing. TwitScoop  is free.

 

http://d3v8bt6u4b7hzw.cloudfront.net/351e59487605d843d39c9121d774e0a3.pngBackType is a free website that lets you find mentions of your website on  Twitter, in RSS streams and in comments on blogs and elsewhere on the  web. Mark Dilley finds BackType easy to use, and points out that it can find mentions of  a site even if the person who wrote the comment didn't include a link.  "Google Alerts and Google blog search are hit and miss on that," Mark  says.

 

Tracking what people are saying about your site is good, but what  makes BackType even more useful is that it tracks conversations. It's  good to know what people are saying to each other about topics that  matter to you, and about your brand. It gives you a chance to enter the  conversation in a constructive way, before it spins out of control.

 

This article first appeared in the Learn section of AboutUs.org,  a wiki directory of the web. The Learn section offers advice and tips  about growing your business on the web. OEN has invited me to republish  articles that are useful for entrepreneurs and their advocates.

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A panel of four high energy entrepreneurs addressed a packed house at the Oregon Entrepreneurs Network’s (OEN) September 8th PubTalk: “Activewear Innovation Mecca” (a.k.a. Portland). Staged at Portland’s Backspace Cafe, the OEN PubTalk’s monthly event was moderated by Rob Langstaff, founder of men's footwear brand RYZ and former president of Adidas U.S. and Japan.

 

The panel, providing both unique and common entrepreneurial perspectives, included outdoor footwear provider Korkers CEO Sean Beers, “funky” sock distributor and online retailer Sock it to Me founder and president Carrie Atkinson, Ed Dalton, Principal and Co-president of bicycle lifestyle clothing designer and manufacturer Showers Pass, and Bill Worthington, Co-founder and Creative Director of OluKai Premium Footwear.

Activewear Entrepreneurial Takeaway Samples

Biggest Challenges:

  • Maintaining a balance of life and patience
  • Quality channel partner representation and support
  • To partner with other companies in the same markets or to “go it alone”
  • Managing growth to maintain operational efficiency

On Raising Capital:

  • Ideally find an investor who is already an avid consumer in your product category
  • Be prepared to address investor “fashion fears” of short shelf life and turnover

 

Best Advice:

  • Trust your gut
  • Maintain a brand strategy, a customer-first focus, and trust your partners
  • Do your research first with product naming and branding
  • Personally interview prospective dealers on their customers’ demographics and their willingness to merchandise your brand
  • Consider regarding receivables: 90-days-after-sale pay terms to reps; credit card charge authorization for aging beyond terms
  • “Go as fast as possible”

 

OEN’s Value: Panelists’ Perspectives

Carrie Atkinson, Sock it to Me

“Entrepreneurs of all levels need information at insatiable levels. OEN provides tremendous value to these entrepreneurs by holding discussions on topics that are core to building one’s business, and by providing a distinct summary of each topic, entrepreneurs are immediately able to distinguish if the discussion is right for them or not.”


Sean Beers, Korkers

“OEN can make a significant positive impact on the entrepreneurial community in Portland by connecting entrepreneurs with the coaching, connections and capital that will enable them to succeed.”

Ed Dalton, Showers Pass

“OEN can provide time saving advice in creating a start-up company and help you to set-up an effective process which may ultimately get you to market faster, better protected from a legal standpoint and more prepared.”

 

Don't Miss Seed Oregon 2010 Round 1 PubTalk October 13th

The next OEN PubTalk on October 13th will mark this year's first round of OEN Seed Oregon 2010. The event will be held at the Backspace Cafe--115 NW 5th Avenue Portland, Or 97209

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Apparently the HTML editor that would allow me to embed this slideshow is not working. click on the hyperlink to view the analysis.

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We have compiled the latest statistics reflecting current online marketing trends. Online social media platforms are continuing to grow rapidly and are becoming even more a part of our everyday life. Advertisers are taking advantage of this by moving marketing dollars away from traditional media and moving into the digital and interactive space.

 

Bonfire presents: The State of Online Marketing July 2010

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In the age of Tweets and re-Tweets, status messages and updates, the social media masses are desperate to find new, “undiscovered” content to share with their friends and followers. If there’s one thing I’ve learned about this chaos we’ve come to call social media, it’s that creating content that is interesting and – more importantly – high-quality and unique, can go a long way in an age where people are all about recycling. But once you have your shining piece of insight, which social media outlet is best for distributing it?

Twitter

  • Founded in August 2006
  • More than 11 million accounts
  • There are more women on Twitter than men (53% vs. 47%)
  • New York has the most Twitter users of any city
  • Just over 85 percent of all Twitter users post once a day
  • Twitter valued at $1 billion in 2009

*Compiled from analytics firm Sysomos and The New York Times via 850 Business Magazine

While any audience can be reached on any social media outlet if you really put your mind to it, Twitter has the ability to reach the most diverse audience. Everyone from consumers, to businesses of all sizes, journalists, analysts and experts are on Twitter, writing about everything from what is going on in their lives, to their company news, other companies’ news and their own insights. No matter who your audience is, you can find them (and they can find you) on Twitter. The more catchy, trendy or unique your insights are, the more likely you are to get people interested in your content and share it with their followers.

Facebook

  • Founded in February 2004
  • More than 350 million active users
  • More than 700,000 businesses have active pages
  • Average user has 730 friends
  • Facebook valued at close to $10 billion in 2009

*Compiled from Facebook and The New York Times via 850 Business Magazine

Facebook’s mission is to “give people the power to share and make the world more open and connected.” Consumers rule on Facebook. There are, of course, product pages on Facebook, but the goal of company pages is most often to reach individuals, not to do business with other companies. When creating content to share on Facebook, it is important to remember that people are there primarily to stay connected with friends. Think about what you would talk about with friends over dinner or at a party. Humorous and clever articles or comments are more likely to spread. Facebook users also tend to share content that they can personally relate to; causes that are close to their heart, products they really believe in, etc.

LinkedIn

  • Founded in May 2003
  • Over 55 million users
  • Executives from all Fortune 500 companies are LinkedIn members
  • LinkedIn valued at $1 billion in 2008

*Compiled from LinkedIn and The New York Times via 850 Business Magazine

LinkedIn is geared at putting you professional network in one place. When it says “relationships matter,” what it really means is “relationships matter to your business and career.” LinkedIn is the best place to do your B2B social networking or to connect with other professionals. The most effective content for LinkedIn is business tips, company news and opportunities for establishing connections and building networks.

Creating content is half the battle, but where you choose to share it is just as important.  It can be tempting to blanket all your social media outlets with something you’ve put together, but the truth is once you start talking about things people don’t care to hear, they’ll tune you out.

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BP Really Does Not Get It

Posted by Ryan Lewis Jun 13, 2010
The devastating oil spill in the Gulf of Mexico and the actions of BP have made me reflect on some best practices for online advertising. It all started over the weekend for me when I was watching the news online. Video from YouTube about animals dying because of the oil spill was the subject and all of a sudden an advertisement for BP showed on the bottom of the frame. Here is the image: My first question is why would I want to Friend BP on YouTube? More importantly, why is BP spending money on advertising when all we want them to do is fix the spill. I see this as an example of how brands have less control of perception than ever before. BP is attempting to be the source of information about the oil spill be owning areas of a search result or in my case, a section of a video. The problem is no amount of money can change perception when information travels so quickly and easily in cyberspace. Furthermore, being careless with keyword selection can end up hurting you when your advertisement is aligned with an unfavorable story. Here are further examples: Digital Marketing Take Away: Listen to what people want and  do the right thing. Business cannot buy good press any longer, so forget about trying to pay for positive perceptions.

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Attendees of the Oregon Entrepreneurial Network (OEN) June 9th “The Seeds of Suds” PubTalk enjoyed a sampling of the artistry and acumen served up by three successful Oregon “beer-preneurs”. Moderated by KXL Radio’s “Beer O’Clock” show host Lisa Morrison, founders Irene Firmat of Full Sail, Charlie Devereaux of Double Mountain, and Jamie Floyd of Ninkasi Brewing shared some interesting insights of their entrepreneurial brewing success.

Founded in 1987, Irene’s biggest challenge with her Full Sail brand was defining her market when choices of draft beer were often limited to Budweiser, Miller and Coors. Another of Irene’s challenges was cash flow, stating “This business is cash flow driven, and expansion must be justified by cash flow.” Regarding finding the right investors, Irene recommended first ensuring there’s an alignment of vision and values.


Charlie Devereaux feels a key ingredient to brewing success is “having the entrepreneurial gene” and when it comes to experience, “knowing what you don’t know”. One of the biggest challenges Charlie feels entrepreneurial brewers face is the capital intensive nature of the business and in order to grow one must be prepared to “triple down” on spending.


Jamie Floyd agreed with Charlie’s “spend to grow” issue, stating they have many brewer friends who are stuck and likely will never grow if they don’t have the funds or strategy to spend. Jamie’s advice on finding the right investors included engaging on a “soul level” and not to agree just “with a handshake”, as the Oregon Liquor Control Commission will investigate the backgrounds of all investors.


Following the Q & A session attendees of The PubTalk event sampled a number of the speakers’ favorite brews as they again engaged in networking and socializing.


The next OEN PubTalk will be August 11th featuring five companies in a “So You Think You Can Pitch?” speed pitch competition.

 

Scott Etheredge, Intraspeak, Inc. Internal Communications

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Acronyms. The technology community loves them because they shorten long descriptive names. The problem is many business owners have little understanding of these acronyms. While there are "official" definitions (SEO, SEM, SMO, SMM), the lines are getting blurred between which technique falls under each label. I will try to simplify these acronyms and show the primary differences.

SEO (Search Engine Optimization) SEO deals with your company's PRIMARY website's ranking on a search engine result page (SERP) and how the indexed result is displayed. SEO techniques try to improve a websites search engine rankings and gain that website more visibility and traffic. SEO techniques can include optimizing how the website is built, what keywords are used in the Title Tags, Meta Tags, and Meta Descriptions, how often your website is updated and how fast your website loads on a browser. Positioning Keyword Result (Notice the power of having a name with location-based keywords.)

SEM (Search Engine Marketing) SEM is usually closely associated with SEO.  SEM is loosely defined as using paid search engine traffic to gain visibility.  Paid results usually appear on the top and right side of the "organic" search results. There are many systems for SEM, but the largest platforms are Google AdWords,Yahoo! Search Marketing and Microsoft adCenter. Building a SEM campaign for your business can be complex due to the vast amount of features and tools developed by ad platform creators. Marketers must consider all keywords associated with the business,  geographic location, click through rates (CTR), costs per click (CPC), advertisement copy and many other factors. SMO (Social Media Optimization)

SMO is a relatively new term due to the advent of Social Media Marketing. SMO entails developing profiles on social networks for your business so members of that network can view and share your profile with others. The goal is to attract more members to your online community and provide them with valuable, relevant information. SMO can also include the process of optimizing social business listings such as Yelp, Insiderpages and Google Local. Ensuring that these listings are accurate can help with organic search engine rankings.

SMM (Social Media Marketing) The final acronym we will tackle in this post is SMM. Social Media Marketing is about promoting a business via social media channels and includes conversing with clients on their chosen social networks. It can also include 'Paid Social Search' or social paid advertising. Paid social search is much like SEM but adds behavioral targeting to the equation.  A majority of this advertising is based on a PPC model, meaning advertisers only pay when a user clicks on the advertisement. The two largest platforms for advertising currently are Facebook and LinkedIn. Both allow demographic and geographic targeting, but each caters to a different community profile. LinkedIn is more business (B2B) oriented, where Facebook is typically more social and targeted to the B2C audience. Facebook advertising example: As the interactive  marketing industry evolves and continues to grow, it will be crucial to continue to refine these labels. As always I welcome your thoughts on these categories and perhaps insight on some that are lurking around the corner.

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Four successful entrepreneurs responsible for four dissimilar companies in four unique product categories targeting four disparate markets addressed “The Art of Bootrapping” at The Oregon Entrepreneurs Network’s (OEN) May 15th PubTalk. Yet with all the diversity for which they were responsible, among the advice they offered the PubTalk attendees much was in common or agreement.

 

Staged at the OEN PubTalk’s monthly venue "Backspace" and moderated by Rick Turoczy, founder and principal writer of Silicon Florist, the event featured founders Eric Winquist of Jama Software, Eli Alford-Jones of Paydici, Paul Anthony of Rumblefish, and Eric Doebele of Reliable Remodeler.

 

Common Bootstrapping Takeaways

 

  • Follow the Money. The Investors Do.
  • Potential investors focus on revenue growth
  • “Your customer is your best investor”
  • Target “low hanging fruit” customers to maximize revenue growth potential
  • “Work for your customers—they are your boss”

 

Adapt Business Models

  • Business models were modified a number of times--in one case ten to twelve times
  • Yet changes were rarely to the “core” of the models and more to the revenue models and as additions to the core
  • Additions to models can cause support issues

 

People

  • Focus early on surrounding yourself with the best people possible
  • Portland has many successful people who can and will offer good advice for coffee—tap into them
  • Take caution in offering too much equity to early stage employees. Later you’ll find stronger and key candidates with little equity to offer.

 

Product Development

  • You don’t need the perfect product before taking it to market. It’s better to get product validation from customer prospects or to go back and modify.
  • Avoid one-off  product development just to land individual customers. This often results in development delays and playing catch-up.
  • Be careful about investing too much in any single idea

 

June 9th OEN PubTalk: “Oregon Beer Entrepreneurs – The Seeds of Suds”

Don’t miss the June 9th OEN PubTalk where Oregon beer entrepreneurs Charlie Devereaux of Double Mountain, Irene Firmat of Full Sail and Jamie Floyd of Ninkasi will share their entrepreneurial tips on this fast growing industry.

Where: Backspace
115 Northwest 5th Avenue
Portland, OR 97209
Cost: $15 for OEN members; $25 non-members

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Good moves, bad decisions, and the sometimes ugly end result of a startup were shared with attendees of the April 14th OEN PubTalk™.  The PubTalk panel discussion “SplashCast – What Happened?” featured a SplashCast founder and two investors in the company. Founded in 2007, SplashCast’s mission was to help consumers develop videos, text, graphics and music embedded in broadcast "channels." The company raised over $4 million in funding yet closed its doors in 2009.

Pub talk-2.jpg

OEN’s Dave deFiebre served as moderator of the PubTalk panel discussion that included SplashCast founder, lawyer and entrepreneur Tom Turnbull, who held key positions at three venture backed startups and SplashCast investors Angela Jackson and B. Scott Taylor. Jackson, Managing Partner of AB Jackson Group LLC and active angel investor and coach, was Chair of OEN’s Angel Oregon 2010. Taylor, founder and CEO of TAOW, Modern Marketing, author, and serial entrepreneur, was a co-founder of VirtualRelocation.com, which was acquired by Monster.com.

 

Valuable and candid SplashCast issues and startup takeaways provided by panel included:

--Too many SplashCast investors (approximately 70)—seek fewer investors/larger investments
--Too little initial funding--raise money when you can
--Early business plan wins are key to incremental funding
--Cash reserves are cyclical--whether in favor or not
--Three business models resulted in many changes of direction—cash burned too quickly
--Staffed up too early with no market-ready products
--Hired “the big guy” (expensive vp of sales) too early
--Good communication serves investors well—be as forthright as possible, especially with bad news
--Former entrepreneurs as founders and early hires are key—they’ve been “in the trenches’, dealt with many changes, uncertainty, and ambiguity
--Don’t scrimp on legal advice, but keep a close watch on monthly invoices—they can mushroom
--Be open to creativity—this delivers “brilliant moments of execution”
--Contrary to some current opinions, now is a good time, and Portland is a good place for startups—be optimistic, be “scrappy”

 

Upcoming OEN PubTalks April 21, May 12

SW Washington PubTalk™  “Pitch Night” April 21st
The Southwest Washington Workforce Development Council (SWWDC) in partnership with the Oregon Entrepreneurs Network (OEN) will host PubTalk Pitch Night April 21st in Vancouver, WA. Three local entrepreneurs will pitch their start up businesses and engage with attendees, providing an invaluable learning opportunity for entrepreneurs.


When: April 21, 2010 From 5:15 PM - 7:00 PM
Where: AHA! 415 W. 6th Street Ste 605, Vancouver, WA

 

OEN PubTalk™ "The Art of Bootstrapping" May 12
Five successful entrepreneurs will reveal of the art of bootstrapping in a panel discussion on May 12th. The founders of Jama Software, Paydici, Rumblefish, Reliable Remodeler, and Urban Airship will share how they used creative solutions and drew from nontraditional resources to build their companies with limited capital. The event will be moderated by Rick Turoczy, founder and principal writer of Silicon Florist, Portland's premier blog on technology and entrepreneurship.


When: Wednesday, May 12, 5:15 PM - 7:00 PM
Where: Backspace, 115 Northwest 5th Avenue, Portland, OR 97209

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Connecting students with Oregon’s hottest start-ups

 

Wednesday, April 14th 2010

 

     How would your company like to gain access to some of the brightestyoung business minds in the Portland area? The Oregon Entrepreneur’sNetwork has teamed up with The University of Portland, PortlandState University and Willamette University’s Executive MBA programto connect yourcompany with the energy and drive that will helptake you to the next level.On Wednesday April 14th, OEN will be sponsoring an intern speeddating event that will provide you with the opportunity tointerview potential candidates to satisfy your internship needs.

     The event will start with an hour long workshop focused ondriving maximum value out of internships. Following lunch is six10 minute sessions with up to 3 students per session to explainyour organization’s intern needs and get to know the candidates.Companies will then have the opportunity to spend another 30minutes talking with their preferred candidates in a networkingformat.

 

Space is limited to 12 companies so reserve your spot now!

 

Location:  University of Portland campus, Buckley Center, Room 163

Schedule: 11:30am- Workshops start

12:30- Box lunch provided and an opportunity to network

1pm- Speed Dating starts

2:30pm- Event ends

 

Cost:

Free for OEN membersNon-members must enroll in a 1 year OEN membershipSee http://www.oen.org/membership_join.aspx for membership pricing info.

 

Companies or students interested in participating should contact Rori Homme at rorih@oen.org or call 503-222-2270.

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Cleantech Open Launches 2010 Pacific Northwest Competition

The 2010 Cleantech Open business competition for clean technology startups (http://www.cleantechopen.com/app.cgi/content/home/index) is underway, with several key dates approaching:
-- April 22 is the Early Bird Entry Deadline, after which the entry fee increases from $149 to $199 for students, and from $199 to $249 for professionals. Enter at http://www.cleantechopen.com/app.cgi/content/competition/business/index.
-- May 4 - Those interested in entering should attend the Executive Summary Webinar on May 4 from 4:00 to 6:00pm PDT. Register at: http://www.cleantechopen.com/app.cgi/events/181/view. This briefing will answer questions and help contestants prepare their Executive Summary entries.
-- May 22 at 11:59PM is the Final Deadline to enter the 2010 competition. Enter at http://www.cleantechopen.com/app.cgi/content/competition/business/index.
Last year, 12 Semifinalist teams, including Green Lite Motors and Shorepower Technology of Portland were selected from 56 entrants.
For information, contact MSullivan@cleantechopen.com.
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Presenters at this week’s Oregon Entrepreneurs Network (OEN) PubTalk stepped up to the challenge of pitching their firms on the heels of OEN’s highly successful Angel Oregon 2010 competition held March 5th.

 

Orbo Sports, Inc., CEO Greg Johnson credits his wife for his initial and ongoing support, with whom he first shared his idea and who responded. “You’re brilliant, honey. Anything you do will succeed.” Orbo Sports is an online sports and lifestyle social network that provides connectivity, collaboration and self-expression for athletes and sports enthusiasts. Orbo Sports offers users a 360 degree online and offline experience and features relevant content about sports and the lifestyle that surrounds them.
greg@orbosports.com
www.orbosports.com
503-703-7749

 

Public Marketspace, Inc. CEO Nathan J. Wagner discussed what he feels is the number one issue with emerging entrepreneurs—competing on the internet with its cost of entry, available URLs, search engine optimization, and social marketing.  Public Marketspace is an online marketing channel for small businesses. The company’s first product, Publicmarketspace.com, is a social media and eCommerce (SaaS) platform for entrepreneurs, an online public market to attract customers, and a company committed to giving back to the merchant community.
nathan@publicmarketspace.com
www.publicmarketspace.com
503-866-4800

 

With the recent worldwide popularity of the 3D blockbuster film Avatar, CEO Mike Green made a strong case for his firm Vizitnow3D in the world of online commerce. Vizitnow3D builds revenue-generating navigable 3D replicas of real world environments, accessible via web browsers and mobile phones that can be used as marketing tools by high-traffic destinations. Introducing a disruptive innovative method of bringing consumers and merchants together in real time, Vizitnow3D capitalizes upon the exploding 3D trend by developing a niche in a wide open market.
Mike.green@vizitnow.com
www.vizitnow.com
541-730-2164

 

Mark April 14th on your calendar for the next OEN PubTalk. Watch for the upcoming announcement that will include the agenda and presenters.

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