A sure business – Jump on the bandwagon of the latest framework by a giant tech company

by jordicabot | Feb 27, 2013 | business model, philosophy, product development, stories entrepreneur

Having crazy product ideas is not usually a problem for want-to-be-entrepreneurs but if you want to play it a little bit safer my advice would be to wait for the new technology/langauge/framework published by any of the big-tech companies (Facebook, Google, Amazon,...

Selling my own book: my royalties are less than what I get with the Amazon Affiliate program

by jordicabot | Oct 10, 2012 | business model, marketing, stories entrepreneur

I just published my first book . And as a member of the Amazon affiliate program, I put an Amazon widget in the book site to get the referral rates by selling my own book. The “funny” thing is that the referral rate is 6% of the book price which is more...

Would you pay 1000 USD for a good idea to improve your company?

by jordicabot | Jul 31, 2012 | business model, product development, stories entrepreneur

ManageWP is organizing a competition to get new ideas for the company. In particular, they will pay 1000 USD to the best idea (according to their own opinion) that could be implemented as a new feature for the ManageWP tool. Of course, I guess they expect to get many...

Demystifying the elevator pitch

by jordicabot | Jun 29, 2012 | business model, philosophy, stories entrepreneur

In this recent article (by Peter J Denning and Nicholas Dew, Communications of the ACM), the authors kill the myth of the utmost importance of the elevator pitch for your startup business. I strongly recommend you to read the full article but for those that do not...

Too much KISS will kill you

by jordicabot | Jun 17, 2012 | business model, customers, philosophy, product development, stories entrepreneur

The KISS principle is probably the most popular one among entrepreneurs these days. But, as all things in life, we must be careful to know when our list of features is simple enough. Even Einstein warned “us” saying that a theory should be as simple as...

Why did I fail with my previous software business – Advise(III): Test your market exists

by jordicabot | Mar 5, 2012 | business model, customers, stories entrepreneur

This is the third in a series of posts trying to explain what I think went wrong with my attempt of selling online code-generation services, that I end up shutting down due to the lack of clients. In previous posts, I recommended to Choose a cool technology to sell...