14 posts categorized "entrepreneurship"

The littleBits Ted Talk

The Gotham Gal is an investor in littleBits, which means that our entire family is an investor in littleBits, which means that this is a disclosure.

It's not surprising that the Gotham Gal is an investor in littleBits. When you meet Ayah Bdeir, you cannot help get excited and inspired by her vision. I've blogged about littleBits before here at AVC, but I'm doing it again because I just watched Ayah's TED talk and I am compelled to share it with all of you. It's short, just five minutes. So check it out.

The Other Co-Founder - Your Family

It's Valentines Day. Time to step back from working 24/7 and make sure your loved ones are still in love with you. That's a joke, but there's some truth in there too.

I spent some time with a founder/CEO yesterday who is doing a remarkable job building a really important company that is growing as fast as any company I've worked with. We talked about the sacrifices an entrepreneur makes and its toll. He said that his wife and kids are hugely supportive but not particularly engaged in his work. I think that's pretty typical of what I see out there.

But just because your spouse (wife or husband) and your kids are not that engaged in your startup doesn't mean that they aren't also making a huge investment in it. They see less of you than they would like and when they are with you, its likely that you are at least somewhat distracted by your current obsession. I don't start companies but I'm guilty of this behavior too. I can only imagine what it is like when you are "all in" on one thing and one thing only.

There are benefits a family gets from a parent who is an entrepreneur other than the wealth that he or she may be accumulating. They also get a role model. A parent who is doing what they love, who is creating value, employing people, making a difference in the world. All of that is very good.

But it is only good if you make the time to have a meaningful relationship with your spouse and your kids. This work life balance is super hard to achieve. I have struggled with it since my kids were young. I think I've done an OK job and have The Gotham Gal to thank for always letting me know when the balance is off.

On this day when love is front and central, I encourage all of you to do what I intend to do which is to pay special attention to those I love and make sure all is well on the home front. The Gotham Gal and I are especially blessed because our son arrived on Valentines day sixteen years ago. So our romantic dinner tonight will be a threesome.

Women Entrepreneurs

A few weeks ago, I spent the day at NYU ITP at the Womens Entrepreneurs Festival. This is a one day event put on by The Gotham Gal and her friend Nancy Hechinger who is on the faculty at NYU ITP.

In its second year, the WE Festival features a day of panels and talks featuring women entrepreneurs. Men can attend and do, but the stage is filled with women all day long. It's a very different experience from the typical startup/tech event and I highly recommend it to anyone who is eager to see more women doing startups.

My favorite panel was called Makers and featured five women who love to create things and have started companies to pursue their passions as makers. Here's a video of that panel. The video is 90mins, but the presentations are the most imporant part and they only last for about 35mins. The audio isn't great. I suggest you put on headphones and turn the volume up.

What these five women make clear is that anyone can be an entrepreneur and that women are natural makers and innovators. It is also interesting to see how each of them is using the Internet and technology more broadly to innovate around a product that is physical. There's a lot to learn from what they are doing.

My oldest daughter, who is a junior in college, was in attendance that day. She was inspired by these women and came away with a sense that the world is full of possibilities for women. That's the whole point of the WE Festival.

Inspiration

It seems like every day I'm inspired by someone throwing caution to the wind and just going after their passion. Today, it came from this video below.

Do yourself a favor and take two minutes to watch it. My favorite line is 55 seconds in:

"For two years I had the perfect solution in my head and finally last April I quit my job as an engineer and decided to create the solution myself"

PS: I just realized (via a RT on Twitter) that this is the perfect example of yesterday's post in action.