Sub-Ventures (Part III): Open Source vs. Proprietary Software
Sub-venture companies can utilize open source software to quickly and cheaply build their sites and systems – saving money to be used for traffic and branding.
Sub-venture companies can utilize open source software to quickly and cheaply build their sites and systems – saving money to be used for traffic and branding.
Funding requirements for sub-ventures may be just 10% of typical venture capital rounds, lowering pressure on the entrepreneur.
Lower your people count in a new venture and you’ll lower your execution risks.
It was 10 years ago yesterday that I incorporated one of my most successful businesses, Stilman Adanced Strategies. Unfortunately, it didn’t end up going so well for me, but the other founders and employees are enjoying some of the fruits of my labors there, and I’m glad for them…mostly! 🙂 That includes contracts that should
A lot of software/online venture activity these days is going “small time”. Instead of investing millions in startups, some venture firms are placing multiple small bets with small teams. Sub-ventures, which we’ll discuss soon more in depth after setting the tone here, differ slightly from the small bets placed by venture capital firms, and they
In online marketing, the niche is the thing for entrepreneurs. Find a good niche, build a site, hammer away at the search engines with relevant copy, and you may just have a chance at making a living online. The niche concept, however, has been around long enough for just about every niche and cranny to
One thing I excel at is dreaming up new ideas for businesses. (Too bad I’m less great at implementing them, but I’m working on it!) I’ll share some of the ideas I’ve come up with, but a larger question is: where do they come from? For me, they come from all angles – it just