The crowdfunding bubble of 2013 part 3 — how to make it successful

This is the third and final part of my series on crowdfunding. In part one we learned how important crowd funding can be for helping tech startups and the economy. In part two we worried about how criminals and con men might game the eventual crowdfunding system when it starts in earnest next January. And in this final part I suggest a strategy for crowdfunding success that essentially comes down to carpe diem – seize the day!

Crowdfunding done right will have a huge positive impact on any economy it touches. But by done right I mean done in a manner that maximizes impact and minimizes both corruption and unnecessary complexity. This […]

Entrepreneurial OCD

I don’t often respond to other bloggers but today I was asked to do so by my friend Dr. Steven Berglas who blogs for Forbes and is quite an expert on executive and entrepreneur psychology. Steve wrote recently about President Obama’s call for shared sacrifice in the current budget fistfight with Congress, claiming this was exactly the wrong message for the President to send to American entrepreneurs, effectively discouraging entrepreneurism. He asked a number of bloggers including me to comment for a follow-up post. My response (Steve’s wrong) ran so long I figured — what the heck — I might as well make a couple bucks from it. So here goes:

Dear Steve,

I don’t […]

By |July 13th, 2011|2011|138 Comments

Memo from the bleeding edge

Successful technology startups are usually those that hit the market in a sweet spot — where market conditions create significant demand just as the startup is introducing its product. From the look of the rapidly-consolidating hard drive business, it might appear that I’ve missed the sweet spot with the metal foil disk technology some readers may remember I’ve been working on for several years. Hopefully not. But in any case it is probably time for an update.

When I started down this path toward a drive that uses very thin metal foil instead of polished glass there were several potential customers. Then Western Digital and Seagate started buying their competitors until now there will shortly be […]

By |April 22nd, 2011|2011|90 Comments

Motivating Miss Daisy

Driving around America for nine weeks and more than 10,000 miles, I’ve had a chance to see how our economy does and doesn’t work. The startups I visited were all good companies — reader favorites, after all — so they tended to shine. And their glow was generally green and even a bit altruistic, yet still based in for-profit philosophy. These are the kind of companies that create industries, build or renew cities and industrial centers — companies that create jobs in the kind of abundance needed to keep our nation prosperous. Yet in terms of government policy, it is as if they are unknown. The Obama Administration just successfully passed important small business legislation, […]

By |September 16th, 2010|2010|157 Comments