Montreal Tech Entrepreneur Breakfast on June 9th

Nestor System logoSun Microsystems
The next Montreal Tech Entrepreneur Breakfast is scheduled for Tuesday, June 9th at 8am.

Remember: The location is Boccacinos on McGill St.

And for the first time ever we have 2 sponsors! Both Nestor System and Sun Microsystems are sponsoring this event. (Both have sponsored previous breakfasts too!)

As a result of our sponsors combined generosity, breakfast is free. The menu will have a handful of items on it; the cost of breakfast (including tip) is covered by the sponsors.

Here are the important details:

  • Who should attend? Anyone that’s into the tech and entrepreneur scenes in Montreal. That includes entrepreneurs, startup employees, angel investors, venture investors, service providers, students, etc. Every event sees new people, and hopefully the connections made turn into real value in the long-term.
  • When and where? Tuesday, June 9th at Boccacinos on McGill St. (downtown) at 8am-10am.
  • How do we connect? Stay connected using our Facebook Group.
  • How do we RSVP? It would be great if you RSVP’d so we have a sense of how many people are coming. You can do so using the Facebook Event listing.
  • Who is sponsoring? Nestor System and Sun Microsystems!

NOTE: The last event had far more people RSVP than showed up. This isn’t the end of the world, but please make an effort to attend if you RSVP (or update us before the event that you won’t be coming.) It helps us manage the seating arrangements, restaurant expectations, etc. Thank you!


CEO Paralysis: the Microscope and the Telescope

telescope

nurse with microscope

Check out this tweet from @exectweets (I believe originally from Tom Stewart):

CEO paralysis caused by trying to look simultaneously through a microscope at every cost & a telescope at the future

It was too long to re-tweet effectively without having to edit it, so I decided to write a blog post instead.

To say what exactly? Simple this:

Hell ya. So, so, so, so true.

Between the telescope and the microscope which wins?

I’ve been told a few times, “The role of CEO is to keep the lights on.” That puts us squarely in the world of microscopes. But on the flip side — is a business with its lights on but no potential for massive scale really worth keeping around? A lot of businesses get to survivability but struggle to go beyond that. And oftentimes going beyond simple survivability (which in and of itself isn’t really “simple”) means gut-checks, innovation, tough ass decisions and brain power. That throws us back into the world of telescopes.

What are you looking through right now? A microscope or a telescope? Or both? Are you paralyzed?


Talking to Customers Must be Part of Your Startup Culture

group of people talking

Customers. Love ‘em or hate ‘em, we all need them. They’re not always right, they’re often elusive but they’re the lifeblood of any successful company. And that’s true for a business-to-consumer play (B2C) as much as it’s true for business-to-business (B2B) organizations.

One of the risks in dealing with customers is only speaking to a few of them and assuming that every customer and prospect thinks the same way. It’s easy to get caught up with a handful of very vocal customers that are suddenly driving product development. There’s a chance those customers speak for everyone else, and following them makes sense; but the opposite is equally true (and likely more true.)

Companies tend to start with good intentions when it comes to customer dialogue, but it easily falls to the wayside. I’ve seen this with startups that are very successful and those that are not so successful. The very successful ones get overwhelmed with feedback, lose control and can’t figure out how to communicate effectively anymore. The not-so-successful ones turtle, scared to speak with customers, or frozen into uncertainty.

The challenge for startups – in any situation – is to always been in communication with customers and prospects. It’s what Steve Blank and Eric Ries call customer development.

Andrew Chen writes a great blog that you should read regularly. One of his recent posts is: Talk to your target customer in 4 easy steps. It’s not complicated to communicate with customers and prospects but it does take guts, effort and persistence. It has to become part of your company’s culture to do so.

Here’s another interesting, and ultra-simple survey tool: survey.io brought to you by KISSmetrics and Sean Ellis. Sean’s producing some great content on startup marketing; go check it out.

Survey.io produces only a handful of questions (they’re always the same), so you can have a survey up and running in 5 minutes or less. The most interesting (and scary!) question for startups is this one:

How would you feel if you could no longer use [product]?

  • Very disappointed
  • Somewhat disappointed
  • Not disappointed (it isn’t really that useful)
  • N/A – I no longer use [product]

That gets right to the heart of things – it really comes down to whether your product is a painkiller or vitamin.

Whether you’re just starting out, you’re in the middle of development, or you’ve launched and you’re chasing customers — you need to look for ways to easily, quickly and logically talk to customers … all the time. Make it part of your startup’s culture.


About Ben Yoskovitz
I recently joined GoInstant as VP Product. GoInstant changes how we use the web, making it shareable like never before.

I'm also a Founding Partner at Year One Labs, an early stage accelerator in Montreal. Previously I founded Standout Jobs (and sold it). I'm a hands-on startup guy, helping companies grow successfully from the idea forward. You can reach me at byosko at gmail dot com.

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The opinions and commentary on this site are mine and mine alone. They do not necessarily reflect the opinions or positions of my employer, GoInstant.