Venturesome Minds

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What I love in America

I pitched a San Francisco based PR agency with an offer to make a proof of concept campaign together for my start-up, Branddikt. You can check out what it is all about here: www.brandvocat.com

I sent the e-mail and I got a reply in one hour which briefly, but politely informed me that their plate is full at the moment, so they aren't interested. But they did answer! I was asking myself if I get a cold call e-mail from a country I barely heard of, from folks I've definitely never heard of, would I spend time to answer?

OK, I would and I did, so I don't feel shameful, but many honorable people I know wouldn't. When - among many encouraging 'Yes'-es - I get quick 'No'-s, I'm always grateful to these people for not wasting my time. In Hungary, leaving things to hang in the air is just too much a common behavior.

VCs, Customers, Partners, Journalists: Thanks for the quick 'No'-s. A 'Yes' would be better, but a 'Maybe' sometimes is worse for us. Your downright attitude is highly appreciated.

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Startable - Healy Jones' & Prasad Thammineni's Blog 

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Hungary Nowadays - as an economist, I don't believe this can happen.

"The IMF and the EC raised concerns about possible limitations to Hungary’s central bank independence in the new central bank law. Independence of central banks is one of the corner stones of sound economic management as well as the Maastricht Treaty. Given that the government did not indicate a willingness to delay passage of the law to allow for further discussions, it was decided to interrupt the joint EC-IMF preparatory mission. The IMF, in close coordination with the EC, remains in touch with the authorities to determine the next steps."

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Play the video. It's fantastic!

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If you, as an entrepreneur has the chance to work with these guys, you're half way done.

[lukehristou-blog-blog-deactivat]

This is the 7th post of: My goal to be a TechStars Associate 

I don’t know Fred Wilson.

I hope to someday [someday soon in fact] but that’s not the point.

The point is, Fred Wilson is the quintessential Mentor.

He is knowledgeable. He is helpful. He is genuine. He is motivated. He...

[venturesomeminds]

On the Court 2.

Lawyer: "Now sir, I'm sure you are an intelligent and honest man..." Witness: "Thank you. If I weren't under oath, I'd return the compliment."

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On the Court...

Lawyer: "Doctor, before you performed the autopsy, did you check for a pulse?" Witness: "No." Lawyer: "Did you check for blood pressure?" Witness: "No." Lawyer: "Did you check for breathing?" Witness: "No." Lawyer: "So, then it is possible that the patient was alive when you began the autopsy?" Witness: "No." Lawyer: "How can you be so sure, Doctor?" Witness: "Because his brain was sitting on my desk in a jar." Lawyer: "But could the patient have still been alive nevertheless?" Witness: "Yes, it is possible that he could have been alive and practicing law somewhere."

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It's actually not only marketing, rather a collection of features, advice and best practices that you've to pay attention when developing a web page. A No.1 must for web start-ups! It's going to be your Bible!

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Since I'm working on a start-up that targets a new way to increase brand-advocacy, this was an interesting post to read.

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Sometimes entrepreneurs have to make a U-turn. Quite more often then beginners think. Here's how to do it.

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A post for beginners on TravelAlchemist.Me Blog. I included it here because I saw many entrepreneurs go desperate on their idea after hearing the first 'no'. In my opinion, be grateful for VCs who give you a quick no. They spare you precious time and if they include a few sentences of justification, you just got useful advice for free.

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Where do entrepreneurs get their money?

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Start-up: A human institution designed to create new products and services under conditions of extreme uncertainty.

Eric Ries

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It's interesting how diverse answers experienced entrepreneurs gave.

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Baker’s Rule: Actual progress of a start-up is inversely proportional to the amount of times you use these words in your elevator pitch: gamechanger, visionary, next-generation, seasoned professional, groundbreaking, innovative, disruptive, first-ever.