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Posts Tagged ‘networking’

By: Stefanos Missailidis (Co-Founder at Fiestah)

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Tech swagger, also known as geek confidence, is essential in the startup world. Let’s pause and think of the arrant audacity it takes to be a founder. To abandon convention and dedicate your mental, physical and financial resources to a venture that is not guaranteed to be profitable or successful by any means. There’s a reason the tech world is so tight knit. Like misery, crazy loves company. So why do it? There are so many reasons, the thrill of the journey, the feeling when you do get there. So what does it take to pull it off? Tech swagger. Why tech swagger, why not use the word confidence? “Swagger” unlike “confidence” has a momentum already charged within the word. There’s something errant about it that is perfectly in tune with the rogue nature of the startup world and culture. You channel tech swagger by….

Dressing the part. This may seems ridiculous in a world whose supreme king is hoodied Zuckerberg, but even his choice of clothes are a deliberate power play. When Facebook was in genesis, the business world was still ruled by powerheads donning thousand dollar suits, always flaunting their power by flashing their material wealth. Zuckerberg differentiated himself by wearing hoodies, saying that he doesn’t need to be flashy to be or be perceived as successful. Dress the way you want to be perceived. Be deliberate in the way you dress. For some this is jeans and a t-shirt. For others, it’s wearing suspenders and a bow tie. You can even make the way you dress an extension of your branding campaign like this guy. But most importantly in your worst days as a founder (and trust me, the journey is filled with many of those) the way you dress, your founder “uniform,” is a constant reminder of who you are and why you are subsisting on mac and cheese for the next six months to build the next Instagram.

Videotaping and analyzing your pitch, yourself. As a founder navigating the tricky waters of the startup world, somebody is always watching. Whether it is the investors at your next pitch event or the consumers you want to reach, your nonverbal communication is important. You already know to videotape yourself giving a professional pitch. But go farther. Videotape yourself when you’re walking. Many people judge you on the way you walk, especially when you’re entering a room full of people you need to wow for the first time. Videotape yourself when you’re eating. At networking events can you come across as professional while you’re eating or are you that guy who spits meatballs into everyone’s eyes? This may seem like a Beyonce kind of obsessiveness, but there’s a reason she is one of the few pop artists in full command of her media narrative. Like Beyonce, you need to be in charge of your media narrative as well.

Developing your brand of charisma. The key word here is “your.” Take notes from the masters, but don’t copy them. As a founder, you need to come across as organic, not forced. And while you should rehearse conversations, pitches and presentations, it shouldn’t look prepared.

Becoming a Super Networker. No good startup story starts with, “I was sitting at home in my underwear, working my way through the third season of “Breaking Bad” when this amazing thing happened.” For opportunities to open up, you need to get out there and network.

Having the Swag, always being prepared. Swag also refers to the merchandise your startup hands out for free to potential consumers like buttons, t-shirts, sunglasses, etc. For the purposes of this article, swag refers to your business card and/or your startup’s flyer. These should always be on you, because you never know who you are going to meet in that 10 second elevator ride. You never know who is going to be in the music section at Barnes and Noble. You never know, so always be prepared.

stefanos-missailidisStefanos Missailidis is a Co-Founder at Fiestah. He’s a data freak, old school developer, and designer in training. When not working on Fiestah, he spends his time playing soccer, practicing yoga, and killing WODs at Crossfit. Before founding Fiestah, he worked as a Consultant at Accenture for 4 years.

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By: Sandeep Ayyappan (Founder & CEO of Delve)

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You walk into the coffeeshop with a pop in your step. This is the meeting you’ve been waiting for all week. The guy whose blogs you’ve been reading for months, who you’ve tried to get three separate intros to, who finally took one and agreed to get coffee with you. You click instantly, you sit down, your sentences falling into the others at such a pace that you don’t even have time to jot down a single word in your notebook. You’re completing each other’s thoughts, you’re sharing the same world views, you’re swapping stories of people you both know. And then, with total nonchalance, he pops the question: “So, how can I be helpful?” And you wonder what it possibly was in that coffee that’s causing this giant lump in your throat.

Asking for something of value, especially of those whose accomplishments and time we respect the most, is a very difficult thing for most of us to do. There’s a natural selfishness in the act that arouses every bit of the shyness that you thought you’d overcome. Who am I to request a favor of you, we wonder. Isn’t it enough that you’ve given me the past hour of your time? How can I be greedy enough to want more?

But here’s the truth: the person on the other end of the conversation likely took the meeting because they believed you’d be someone they’d like to get to know. They may have appreciated what you’re working on or who you knew in common. They very likely had a number of people who helped them become successful, and in you they might see an earlier version of themselves. So don’t be shy – you’re there for a very good reason, and now’s the time to make the most of the opportunity.

Four thoughts that will help you nail the ask:

1. Do your research: Even before you initially reach out to this person, you should be familiar with who they are and how they could be helpful to you. What’s their current role and primary occupation? Where were they before? What sorts of career shifts have they taken and what might that say about them? What networks do you share? What have they recently blogged about/tweeted/said in public appearances?

All of these points come together in some form of a story (though be careful not to create your own narrative on someone else’s career), and being able to casually make the point that you respect your subject enough to have done your homework on them goes an exceptionally long way in impressing them. After all, any of us who make such information public – our LinkedIn profile, our tweets, our blog – expect that someone doing the work to reach out to us will have taken five minutes to look at them.

Keep in mind that their previous meeting could’ve been with someone who did a ton of homework and came extraordinarily well-prepared, and if you haven’t, you can guess which of the two follow-up emails they’ll put more effort into.

2. Know what you’re asking for: In business, help can pretty much be defined within three categories:

a. Advice: on product, on strategy, on recruiting, on management, etc.

b. Money: usually just investment or sales.

c. Introductions: usually to other people who could provide one of the above.

3. Be shameless but be realistic: There are two failure scenarios at the end of a successful meeting (one way to measure it is by how hard either party is trying to wrap it up – if your subject is delaying their next one to wrap up yours or running beyond your budgeted time, you’re in great shape). One is having an ask that is so broad that they have no idea how to actually help you, and the other is stumbling your way through the ask that it’s clear you lack the confidence to act upon whatever they might offer (not having an ask at all = you’re a rookie). If you’re an entrepreneur, you probably have a number of areas where you could use help. Narrow down your list to the five where you need the most help, and overlay that with the five where you think they’d be able to offer the most help. Across those sets of five, you’ll likely find a couple of areas of overlap. Go into the meeting with one primary area where you have a couple of concrete action items for them: intros to people that you know they know, an investment, or product feedback on an area that you know they’re good at. And then have a couple of other areas that you could mention and see whether they pounce. If you think you’ll be too hesitant or shy to make the ask, keep it simple and practice it a couple of times. And don’t ask for something too audacious – taking a junior manager at Salesforce out for coffee doesn’t make it likely that they’ll introduce you to Marc Benioff.

4. Be gracious and return the favor: While you may think of yourself as a lowly entrepreneur who couldn’t possibly be helpful to someone like who you’re talking to, you probably have a number of potential introductions to offer them. If they’re an investor, you could introduce them to amazing entrepreneurs you know, a great Meetup to check out, or the incredibly helpful app you just found. You might know of a good workspace or class or even a coffeeshop or wine bar they might like. You can always send them an interesting article that you recently read that speaks to some part of your conversation. As you build your network, you’ll find that some of the people you know might be ones you can introduce them to as well. At the very least, the follow-up email, the LinkedIn connection, and the Twitter follow (and occasional retweet?) go a long way, especially when done with genuine respect and in good faith. After all, you should be looking to build a long-term professional relationship with your subject, and not just looking for a quick connection to someone else. That may not materialize – we’re all busy – but the intent counts for a lot.

If you keep the thoughts above in mind, you’ll ace your next ask, and you’ll soon be hearing people’s asks more often than you’re delivering them!

SandeepSandeep Ayyappan is the founder & CEO of Delve, which helps people find and share important reads with their coworkers. Delve was recently named to TimeSpace, the first ever startup incubator at The New York Times, as well as a Finalist at the SXSW Accelerator and the startup “Most Likely to Succeed” at the Software and Information Industry Association’s Annual Summit. Sandeep is a Yale grad and previously worked in Energy Tech Equity Research at RBC Capital Markets.

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By: Arjun Dev Arora (Founder & CEO of ReTargeter)

You’ve probably heard the adage “it takes a village,” but you may not have thought about how that might apply to your tech startup. The importance of community is often overlooked, but it can do more for you, your business, and your employees than you probably think.

Why is Community Important?

Building or fostering community around your business can serve many crucial functions. Having a strong community can help you, as a founder or CEO, develop the skills necessary to run your company more effectively. Community can help you find beta testers or relevant users to help you hone early versions or updates to your product. Post-launch, your community can drive initial product traction by becoming early customers, using or testing the product, and by spreading the word. As you grow, your community can help you find partners and other opportunities.

When it comes to hiring (one of the bigger challenges many startups face), a strong community is one of the best sources of potential employees. For a lot of companies, employee referrals are one of the most trusted ways of finding the right hires and keeping them. If your startup is small, your network of employee referrals is going to be limited. Having a strong community means you’ll have a larger referral network and a bigger talent pool.

Types of Communities

There’s no one right answer when it comes to building a community around your startup. What you do and who you are determine the type of community that makes sense for you. Just like no two companies are exactly alike, no two communities are exactly alike.

To be as strong as you can be, think about building multiple communities, centered around different points of commonality. Here are a few examples of the different types of communities many startups belong to:

Communities in Your Industry:

One logical place to start is industry. My company, ReTargeter, is in the ad tech space, and we’ve focused on fostering relationships with many of the other companies in our industry (and in our industry, there’s no shortage of other companies). Find companies who do things in your industry and find ways to grow together.

Regional Communities:

My company is based in San Francisco, so finding other tech founders nearby is hardly a challenge. But if you don’t happen to be in the middle of the Valley, it may be even more valuable to build a regional community. Thriving startup communities in up-and-coming tech capitals like Austin can provide incredible resources to community members. Especially if you’re in a region that’s not quite so well known for its tech community, looking to your neighbors is a great place to start building.

Role-Based Communities:

It’s also valuable to build communities around your role. There’s so much to be learned from your peer group–the people who are doing what you’re doing can be an invaluable source of insight and inspiration. Whether you’re a founder, CEO, CMO, or lead developer, finding other people who share you challenges is invaluable.

Building a Community

Now that you know why and what, here’s the how:

  • Contribute thought leadership online or at industry conferences to get noticed by people in your industry, region, or role.
  • Whenever you have an opportunity, serve as a mentor or advisor to up and comers. Those relationships can turn into the early seed for a strong community.
  • Focus on relationships. Don’t miss opportunities to connect folks you know who have something in common. The ability to forge connections between different groups of people is the cornerstone of a community-building.
  • If you can, throw parties and host dinners or events as a way of bringing different people in your communities together.

Building a community is not impossible. You probably interact with many of the right people every day, they just aren’t all in the same place. Bring people together, and above all, don’t forget to have fun.

ArjunArjun Dev Arora is the founder and CEO of ReTargeter. He has bootstrapped ReTargeter from a one person company to a high-growth leader in the online marketing space with clients like Intel, Yamaha, and The Oakland Raiders. Prior to ReTargeter, Arjun was the Head of Business Development at Yahoo! Real Estate, and an investment banker specializing in the technology sector at Jefferies Broadview. Arjun also serves as a co-chair at the Young Entrepreneur Council, is an LP at 500 Startups, and is an angel investor and advisor to multiple Silicon Valley startups.

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By: Sean Wycliffe (Co-Founder and CEO of Dealflicks)

People frequently ask me how Dealflicks got into 500 Startups, so I figured I’d share our story. The process began in early August when my co-founder Zach Cancio and I attended an Orrick TOTAL ACCESS event and ran into Simon Ru of LessThan6Percent (also an LP at 500 Startups). We pitched him, exchanged info, followed up, and pitched him again. He introduced us to Dave McClure via email about a week later.

Around the same time, my friend (and now investor) Aryk Grosz of Mixbook encouraged me to attend unSEXY, a 500 startups conference. $500 for 2 registrations was a bit pricy in my mind at that time, but Aryk eventually convinced me to go.

The conference in itself was awesome, and we ended up meeting close to a dozen 500 Startups founders, mentors, and staff. It was amazing how accessible everyone was, but it was also interesting how some other startups (many interested in joining 500) failed to approach anyone.

After making friends with Elizabeth Yin of LaunchBit, she offered to introduce us to Dave. We were stoked, but we ended up waiting in line with her for close to 30 minutes to talk to Dave. After we pitched him Dealflicks, he hammered us with pertinent questions, then said that we needed to get three separate 500 mentors to vouch for us. We also approached Christine Tsai, told her about Dealflicks, and offered to follow up.

At one point, I almost tripped over someone who was sitting on the ground immersed in his laptop. I kept going and muttered to Zach, “Geez, what’s this guy doing.” Zach is also Dealflicks’ Official Scout, so after a few moments he realized that “this guy” was Aaron Batalion of LivingSocial. We weren’t sure what to do, but after a quick huddle, we reapproached Aaron and pitched him. He was super helpful and friendly, and we exchanged info.

After emailing everyone, we ended up talking to Christine early the next week. She also helped us get on the phone with Aaron later in the week. I soon met with Frank Langston of PayByGroup, and he suggested that I start sending regular updates to Christine and Dave (we did).

The day before we got into 500 Startups was a blitz. I met with Jameson Detweiler of LaunchRock, and he recommended us to Aaron and the 500 team again. Shortly after, I met with Chris Dyball of Groupiter and Ziv Gillat of Eye-Fi (also recommended us).

Jameson told us about a LivingSocial event that Aaron was speaking at that Thursday, but we were going to be in Texas. We really wanted in, so we decided to change our flight. Apparently, Jameson found out about this and let everyone know. Sometime around 1am, we received a welcome email to 500 from Christine, luckily before we booked the new flight :)

Lessons learned:

1. Networking matters. You need to get out there, represent yourself and your startup, and pitch. Get intros, build relationships, work your way up. Don’t worry, no one bites (not even Dave).

2. Know your pitch. Everyone that I spoke to had great questions about market size, competition, team, traction, etc. Since we had thought through all these questions and internalized the answers, this was actually fun.

3. Go for it. We had just launched (500 looks for companies with traction), had a great full-time team, and were looking for some seed money. I hate applications (500 didn’t have an app at that time), love 500’s hustler attitude, and wanted to stay in the bay area, so we decided to go all out on 500 (didn’t apply to anything else). The process took roughly a month, but I’m glad we went for it.

 About the blogger:  Sean is the co-founder and CEO of Dealflicks. He is also the co-founder and president of ProjectPueblo, and 501(c)3 nonprofit that serves impoverished Navajo communities. Previously, he founded a communications startup and grew it to $1.5+M in revenues and spent two years in full-time ministry at Fontana SDA Church. Sean recently graduated from UC Berkeley in Economics with highest honors.

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Have you ever wanted to connect with an individual but you weren’t sure how to go about doing so?  We’re offering you the opportunity to tap into a network that connects you to the people you don’t know, but should know. In our continued efforts to provide you with the resources and opportunities that we know do not come around often, we’d like to invite you to connect with the TOTAL ACCESS community in a new way!

You can now find TOTAL ACCESS on Sumazi.  Thanks to our good friends there, we’re using Sumazi to help introduce you to the partners, co-founders, mentors, experts, entrepreneurs and new hires who are out of sight, but not beyond your reach.

How is this beneficial to you?

In the TOTAL ACCESS network powered by Sumazi, you can:

Post who you’re looking to connect with: Whether you’re looking for a business partner or fellow entrepreneurs, the TOTAL ACCESS network helps you discover the right person. To post, simply select the “Orrick Total Access” category and your location.

Search the TOTAL ACCESS network of entrepreneurs, as well as Sumazi’s global network of people from around the world.

Pay it Forward to people within the TOTAL ACCESS network who need your help. Unleash your inner connector: Introduce yourself, recommend friends or spread the word to your network!

Interested? It’s simple! Here’s how to join:

  1. Go to http://sumaz.in/y8Dr2a.
  2. Select the “I’m the One” button to introduce yourself and let us know you’d like to join.  (Please note, you’ll need to a Facebook account in order to join.)
  3. Fill out your intro card (you will find this in the drop down menu next to your name) so people know who you are and how they can help you!
  4. Happy connecting!

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