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	<title>Conversations with an MBA Entrepreneur</title>
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	<description>The MBA&#039;s Over, Now the Startup Gets Real</description>
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		<title>Conversations with an MBA Entrepreneur</title>
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		<title>Advertisers Aren&#8217;t Buying Ads They&#8217;re Buying Engagement</title>
		<link>http://mbastartupblog.wordpress.com/2010/09/17/advertisers-arent-buying-ads-theyre-buying-engagement/</link>
		<comments>http://mbastartupblog.wordpress.com/2010/09/17/advertisers-arent-buying-ads-theyre-buying-engagement/#comments</comments>
		<pubDate>Fri, 17 Sep 2010 15:00:32 +0000</pubDate>
		<dc:creator>brianmba</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://mbastartupblog.wordpress.com/?p=140</guid>
		<description><![CDATA[I had the pleasure of spending an hour this morning with Melissa Durfee Davis (http://twitter.com/melissadd) at DNA Seattle, they&#8217;re the good people who brought us the Pemco Northwest Profile campaign amongst others. We covered a lot of ground ranging from &#8230; <a href="http://mbastartupblog.wordpress.com/2010/09/17/advertisers-arent-buying-ads-theyre-buying-engagement/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=mbastartupblog.wordpress.com&amp;blog=10840735&amp;post=140&amp;subd=mbastartupblog&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>I had the pleasure of spending an hour this morning with Melissa Durfee Davis (<a href="http://twitter.com/melissadd" target="_blank">http://twitter.com/melissadd</a>) at <a title="DNA Seattle" href="http://www.dnaseattle.com/" target="_blank">DNA Seattle</a>, they&#8217;re the good people who brought us the <a href="http://www.werealotlikeyou.com/" target="_blank">Pemco Northwest Profile campaign</a> amongst others. We covered a lot of ground ranging from media trends to  the Community Magazine Network but one interesting thing she brought up  is that advertisers don&#8217;t want to buy ads, they want to buy engagement.</p>
<p>This isn&#8217;t really a revelation. Employers don&#8217;t buy their employees  time, they buy the results that come from it. Consumers don&#8217;t buy  features, they buy benefits. Advertisers, like the rest of us, want  results. So, that begs the question, what is a publisher to do? It&#8217;s a  painful question because it&#8217;s much easier to sell an ad than it is to be  creative. But it&#8217;s also an opportunity. When you can provide the  vehicle for advertisers to connect with the people they&#8217;re trying to  reach, and conversely for a consumer to find the right product or  service, you&#8217;ve just done something special.</p>
<p>We&#8217;re working with publishers in our network to find creative  solutions to these challenges and ensure all of our members are equipped  to take advantage of their unique opportunities, and of course make  those opportunities available to larger advertisers as well as local  ones. Whether it&#8217;s providing adveritsers with a &#8216;seat at the table&#8217; at  local events or creating content tie-ins that improve the experience for  your readers the opportunities are out there. If social media is  showing us anything it&#8217;s that advertising is become a conversation,  albeit not always a real-time one, and publishers should seek ways to  involve consumers in that conversation with contest, surveys,  recommendations, feedback, etc.</p>
<p>Our tag line is &#8220;Building Community Through Conversation&#8221; and it  provides a guiding light when we&#8217;re trying to decide which path is best.  I encourage you to create something similiar for your business and  you&#8217;ll find yourself thinking not about selling ads but finding ways to  sell engagement.</p>
<p>This was originally posted on the Community Magazine Network blog at www.magazineconnect.com/blog.</p>
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		<title>Business Lessons from Agile Development</title>
		<link>http://mbastartupblog.wordpress.com/2010/09/14/business-lessons-from-agile-development/</link>
		<comments>http://mbastartupblog.wordpress.com/2010/09/14/business-lessons-from-agile-development/#comments</comments>
		<pubDate>Wed, 15 Sep 2010 03:18:13 +0000</pubDate>
		<dc:creator>brianmba</dc:creator>
				<category><![CDATA[Innovation]]></category>
		<category><![CDATA[Leadership]]></category>
		<category><![CDATA[Startup]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Agile]]></category>

		<guid isPermaLink="false">http://mbastartupblog.wordpress.com/?p=136</guid>
		<description><![CDATA[Running a magazine is a lot of work and it's hard to stop to think about how you could be getting better when you're doing everything you can to keep up. <a href="http://mbastartupblog.wordpress.com/2010/09/14/business-lessons-from-agile-development/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=mbastartupblog.wordpress.com&amp;blog=10840735&amp;post=136&amp;subd=mbastartupblog&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>Reprinted with permission of the <a title="The Community Magazine Network" href="http://magazineconnect.com/blog" target="_blank">Community Magazine Network</a> &#8211; because I posted it there <img src='http://s2.wp.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
<p>As a small startup with limited resources and outsized ambitions we  have to constantly juggle our technical, and business, roadmap to take  advantage of new opportunities and information. We&#8217;ve adopted the use of  <a href="http://en.wikipedia.org/wiki/Agile_software_development">Agile development</a> practices, or at least a variation of it. The purest <a href="http://en.wikipedia.org/wiki/Scrum_%28development%29">SCRUM </a>Master  would talk about backlogs, sprints, and iteration &#8211; basically that  means planning and prioritizing, short bursts of activity, then  improvement once you see what you have to work with. Why do community  magazine publishers care about this? Because this process is useful for  business too.</p>
<p><img class="alignleft" src="http://magazineconnect.com/photos/0000/0413/head-in-the-sand_thumb.jpg" alt="created at: 2010-09-15" width="121" height="121" />It&#8217;s  too easy to get consumed with the work at hand and work head-down  without coming up for air. Some people call this working in the business  rather than working on the business. Don&#8217;t get me wrong, this is a  useful skill to possess but if you get off track (or in our business the  track itself moves) then when you do come up to surveil your  surroundings you&#8217;ll find you&#8217;re lost. More than that, an Agile approach  teaches that some planning is good but too much is a waste of time &#8211; I  may be paraphrasing.</p>
<p><img alt="" />Knowing when to keep moving full speed ahead as opposed to when  to surface is a tricky thing and definitely something we haven&#8217;t  mastered but I have two suggestions both of which are probably pretty  obvious. 1. Go see customers, as I tweeted about my visit with folks who  publish <a href="http://www.425magazine.com/">425 </a>&amp; <a href="http://www.southsoundmag.com/">South Sound</a> Magazines, getting that infusion of fresh perspective and energy is a  great reality check against what you&#8217;re currently consumed with. 2.  Schedule times to step back and adhere to it. If you don&#8217;t make time  you&#8217;ll find yourself working on those things that are <a href="http://www.managerwise.com/article.phtml?id=220">merely urgent and not necessarily important</a>.</p>
<p>It wouldn&#8217;t be a corporate blog post if I didn&#8217;t gratuitously plug  one of our services. Giving publishers and their teams the ability to  step back, even if only for a short time, to share and learn from each  other is the reason we created the members-only professional networking  environment on MagazineConnect.com. There are a lot of publishers and  each are dipping their toes into new things, we bring them together to  share and learn actionable insights for their business while still  leaving them time to run your business. End of sales pitch.</p>
<p>I&#8217;ll close with a football analogy now that we&#8217;re heading into the  Fall &#8211; great offenses need to be able to pass the ball and run the ball.  Sure, one sided offenses can be effective for a while or against a  given opponent but champions can do both. They&#8217;re balanced, able to  adapt, agile. Make sure your business is balanced.</p>
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			<media:title type="html">brianmba</media:title>
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			<media:title type="html">created at: 2010-09-15</media:title>
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		<title>NWEN First Look Forum Top-20 Redux</title>
		<link>http://mbastartupblog.wordpress.com/2010/09/01/nwen-first-look-forum-top-20-redux/</link>
		<comments>http://mbastartupblog.wordpress.com/2010/09/01/nwen-first-look-forum-top-20-redux/#comments</comments>
		<pubDate>Wed, 01 Sep 2010 15:15:06 +0000</pubDate>
		<dc:creator>brianmba</dc:creator>
				<category><![CDATA[Fundraising]]></category>
		<category><![CDATA[Hylo]]></category>
		<category><![CDATA[Networking]]></category>
		<category><![CDATA[Startup]]></category>
		<category><![CDATA[#flf]]></category>
		<category><![CDATA[NWEN]]></category>

		<guid isPermaLink="false">http://mbastartupblog.wordpress.com/?p=131</guid>
		<description><![CDATA[I&#8217;m happy to announce that HyLo (and the Community Magazine Network) has advanced (again) to the Top-20 of NWENs First Look Forum. Sometime over the next three weeks we&#8217;ll be meeting with a few advisers and based on those conversations &#8230; <a href="http://mbastartupblog.wordpress.com/2010/09/01/nwen-first-look-forum-top-20-redux/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=mbastartupblog.wordpress.com&amp;blog=10840735&amp;post=131&amp;subd=mbastartupblog&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>I&#8217;m happy to announce that HyLo (and the <a href="http://magazineconnect.com">Community Magazine Network</a>) has advanced (again) to the Top-20 of <a href="www.nwen.org">NWEN</a>s First Look Forum. Sometime over the next three weeks we&#8217;ll be meeting with a few advisers and based on those conversations they narrow the field to 12&#8230; the final 12 pitch to investors in October.</p>
<p>Given our progress and some of the new things we&#8217;re working on I&#8217;m hopeful about our odds of advancing. That said, things have been very busy for us and it&#8217;s likely we won&#8217;t get to put quite as much time into the deck to give it all of the trimmings we&#8217;d like but hopefully traction speaks louder than PPT.</p>
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			<media:title type="html">brianmba</media:title>
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		<title>No Medium is an Island</title>
		<link>http://mbastartupblog.wordpress.com/2010/07/30/no-medium-is-an-island/</link>
		<comments>http://mbastartupblog.wordpress.com/2010/07/30/no-medium-is-an-island/#comments</comments>
		<pubDate>Fri, 30 Jul 2010 15:15:51 +0000</pubDate>
		<dc:creator>brianmba</dc:creator>
				<category><![CDATA[Innovation]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Ads]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[Integrated Marketing Communications]]></category>

		<guid isPermaLink="false">http://mbastartupblog.wordpress.com/?p=121</guid>
		<description><![CDATA[Isn&#8217;t print dying? Marketing dollars are all flowing online, right? These are samples of things I hear on occasion when I tell people we&#8217;re creating a brand called the Community Magazine Network. I&#8217;m big on prefaces so here&#8217;s mine: a &#8230; <a href="http://mbastartupblog.wordpress.com/2010/07/30/no-medium-is-an-island/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=mbastartupblog.wordpress.com&amp;blog=10840735&amp;post=121&amp;subd=mbastartupblog&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>Isn&#8217;t print dying? Marketing dollars are all flowing online, right? These are samples of things I hear on occasion when I tell people we&#8217;re creating a brand called the <a title="Community Magazine Network" href="http://magazineconnect.com">Community <em>Magazine </em>Network</a>. I&#8217;m big on prefaces so here&#8217;s mine: a magazine is both a medium and a story telling technique, generally they are one in the same and reside on paper but that will not always be the case. As a result, the word in our brand that I focus most on is Community.</p>
<p>All that being said, I was flipping through Inc Magazine (turning pages not swiping on a digital device) and wha<a href="http://mbastartupblog.files.wordpress.com/2010/07/google-ad-1.jpeg"><img class="alignright size-medium wp-image-124" title="Google Ad" src="http://mbastartupblog.files.wordpress.com/2010/07/google-ad-1.jpeg?w=202&#038;h=300" alt="" width="202" height="300" /></a>t did I see? A print ad from&#8230; GOOGLE! Google is the company that prints money from it&#8217;s online ad network (oh, they do let you buy ads in other mediums too but that&#8217;s beside the point for now). There ad has a call to action that requires readers to go online, you can see you get a $75 trial so it&#8217;s a compelling offer for new customers.</p>
<p>What&#8217;s the lesson here? Digital is powerful but can&#8217;t do everything. The very first marketing class I took at <a title="Azusa Pacific University" href="http://www.apu.edu">APU </a>talked about the importance of <a href="http://en.wikipedia.org/wiki/Integrated_marketing_communications">Integrated Marketing Communications</a> and I buy into it. The premise is simple and extends the Reach x Frequency concept to say, you want action get your message in front of your target audience as much as possible and in as many (relevant) ways as possible. That means that brands need a diversified approach that includes a variety of mediums and messages.</p>
<p>Wouldn&#8217;t you know it but empirical research has shown that magazines drive web traffic and search more than other mediums. The key in all mediums is contextually presenting your message to the right group of people knowing that if done right the cumulative effect will have a whole that is greater than the sum of it&#8217;s parts.</p>
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		<title>Customers (people) are funny</title>
		<link>http://mbastartupblog.wordpress.com/2010/07/22/customers-people-are-funny/</link>
		<comments>http://mbastartupblog.wordpress.com/2010/07/22/customers-people-are-funny/#comments</comments>
		<pubDate>Thu, 22 Jul 2010 15:00:56 +0000</pubDate>
		<dc:creator>brianmba</dc:creator>
				<category><![CDATA[Startup]]></category>
		<category><![CDATA[hyper local]]></category>
		<category><![CDATA[Hylo]]></category>
		<category><![CDATA[Sales]]></category>
		<category><![CDATA[Cold Calls]]></category>
		<category><![CDATA[Trust]]></category>
		<category><![CDATA[Responsiveness]]></category>

		<guid isPermaLink="false">http://mbastartupblog.wordpress.com/?p=117</guid>
		<description><![CDATA[Why do some people answer the call with enthusiasm and others mere skepticism? <a href="http://mbastartupblog.wordpress.com/2010/07/22/customers-people-are-funny/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=mbastartupblog.wordpress.com&amp;blog=10840735&amp;post=117&amp;subd=mbastartupblog&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>So we launched <a title="The Community Magazine Network" href="http://magazineconnect.com">MagazineConnect.com</a> last week as the website for the Community Magazine Network and with our new found eye candy I began prospecting again. We have a database of 800 or so community magazine publishers, which is one of things that came from a year of research, and I&#8217;m working my way through based on those publishers that seem to have the best mix of alignment with our mission of building community and forward thinking enough to bring it into fruition. (If you&#8217;re a publisher and I haven&#8217;t called don&#8217;t be offended)</p>
<p>Dialing for dollars is always an interesting endeavor and you never know what you&#8217;re going to get but it&#8217;s pretty funny to see the range of responses to our value proposition&#8230; the sharing of best practices with other publishers amidst the changing media landscape, an audit that is not quite as robust as the big-boys but still extremely valuable (and cheap), and participation in an ad network that will attract large regional and national advertisers to these mags for the first time because we&#8217;re bringing them a bulk-buy based on their demographic and geographic objectives yada yada. The most common quip we get is related to attracting large advertisers. Yes, it is challenging and will take some time. No, we have not placed any ads yet (our network is just gaining steam). Yes, we have a plan to attract and service advertisers in a way that is novel and value adding.</p>
<p>On the other end of the spectrum, most publishers identify with the premise that the media landscape is quickly evolving and it&#8217;s impossible to stay on top of the latest trends and opportunities AND run your business in the process. But every now and then I talk with a publisher that &#8216;doesn&#8217;t need any help&#8217;. What&#8217;s most interesting is that it&#8217;s not the people who&#8217;ve been in the business for decades who are saying this while the newbies want to learn in fact we&#8217;ve found some of the most enthusiastic collaborators are those that started their magazine in the late &#8217;70s or early &#8217;80s.</p>
<p>Some of the response is probably due to sheer skepticism about anyone calling out of the blue with an offer but I suspect the other drivers of this behavior are self-doubt and/or fear. Self doubt in the sense that if they realize there&#8217;s one thing they don&#8217;t know then what else are they doing wrong and they don&#8217;t want to deal with that type of uncertainty. The fear is related to fear they&#8217;ll get found out. Most community magazine publishers are amazing people who treat their magazine as a mission and not just a source of income in the sense that they give a lot more to their community than they take but, unfortunately, this is not true of them all. For those, I believe, they&#8217;d rather stay solitary than come clean (perhaps even to themselves).</p>
<p>With the couple dozen calls I&#8217;ve made since our launch (most resulting in voicemails) and couple hundred I made to recruit the prelaunch members you see on the <a title="The Community Magazine Network - For Publishers" href="http://magazineconnect.com/for_publishers">For Publishers</a> page I&#8217;ve had the full spectrum of conversations. Fortunately, the majority are with people who I&#8217;d enjoy speaking with just to hear their stories.</p>
<p>Am I completely off-base? Why do you think people respond the way they do?</p>
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		<title>What community are you a part of?</title>
		<link>http://mbastartupblog.wordpress.com/2010/07/17/what-community-are-you-a-part-of/</link>
		<comments>http://mbastartupblog.wordpress.com/2010/07/17/what-community-are-you-a-part-of/#comments</comments>
		<pubDate>Sun, 18 Jul 2010 03:34:06 +0000</pubDate>
		<dc:creator>brianmba</dc:creator>
				<category><![CDATA[Hylo]]></category>
		<category><![CDATA[hyper local]]></category>
		<category><![CDATA[Quality of Life]]></category>
		<category><![CDATA[Startup]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[British Open]]></category>
		<category><![CDATA[Community]]></category>
		<category><![CDATA[Gold]]></category>

		<guid isPermaLink="false">http://mbastartupblog.wordpress.com/?p=106</guid>
		<description><![CDATA[Community is an important facet of human life and the way we experience continues to change. What community are you a part of? <a href="http://mbastartupblog.wordpress.com/2010/07/17/what-community-are-you-a-part-of/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=mbastartupblog.wordpress.com&amp;blog=10840735&amp;post=106&amp;subd=mbastartupblog&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>I&#8217;m watching the British Open, which is played this year at the home of golf in St. Andrews, and as the camera pans the 18th green you can&#8217;t help but see that the still-small town lines the last few holes of the course. The course is hundreds of years old and the town is likely a good deal older, I&#8217;m sure a quick Google/Bing search would confirm it. With images like these you can easily how community evolved and why it&#8217;s been so important to people for millennium.</p>
<p>With the rise of regional, then national, and, ultimately, global telecommunications the potential size of a community grew. Nevertheless, prior to the rise of the consumer internet &#8216;community&#8217; was still primarily defined by geography.</p>
<p>With the web, and now with social networks, the way we define community either publicly or within our own minds has shifted. Now we define the community we&#8217;re a part of conditionally: I&#8217;m part of the startup community, the MBA community, the Christian community, etc. Yet, amidst our expanded ability to participate in a variety of communities it seems that to a great extent we&#8217;ve lost our connection to &#8216;community&#8217; in its purest sense &#8211; a community of neighbors. How often have you walked through your neighborhood and passed someone on the sidewalk without either of you saying a simple, &#8220;hello.&#8221;</p>
<p>Rather than being freed from physical definitions of community we&#8217;ve fled from them. But this epidemic isn&#8217;t ubiquitous rather it&#8217;s strongly correlated to technology adoption &#8211; or, more accurately, reliance. In my post about <a title="The Importance of Unplugging" href="http://mbastartupblog.wordpress.com/2010/06/23/the-importance-of-unplugging/" target="_blank">unplugging </a>I was inspired and refreshed by a trip to my hometown. When visiting small towns like Placerville you come to realize that there is still a glimmer of community out there. But we may be approaching an dangerous inflection point.</p>
<p>For years leading tech companies have tried to do local online but have failed because, I feel, they tried to address the problem with technology. Local is to the web like quantum mechanics is to physics. Cause and effect aren&#8217;t always predictably connected and understanding one doesn&#8217;t mean you can even conceive of the other. Now we&#8217;re seeing a good deal of startup activity around &#8216;hyper local&#8217; with some attempts still being technical in nature and others taking the new tact of working with people in their local communities. Our startup, aptly named Hyper Local Media, is part of the latter movement.</p>
<p>We&#8217;ve created the Community Magazine Network to work with the 1200 or so community magazines in the US in an effort to rebuild community throughout the US, you can read the detailed story on the <a title="The Community Magazine Network - About Us" href="http://magazineconnect.com/about" target="_blank">About Us</a> page of <a title="The Community Magazine Network" href="http://magazineconnect.com/home" target="_blank">MagazineConnect.com</a>. There are a slew of potential local collaborations but local magazines are unique in that they are small and scrappy as opposed to corporate, their publications feature incredible images that are relevant to readers, and, most importantly, they highlight people in the community that as a reader you know or at least know-of.</p>
<p>There are a lot of startups trying a lot of different things. My hope is that &#8216;local community&#8217; will be elevated as a result of our collective efforts. After all, I think our national identity and disposition may depend on it.</p>
<p>How would things be different if you made the same contribution to your local community as you do with the others you consider yourself a part of?</p>
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			<media:title type="html">brianmba</media:title>
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		<title>TechStars Seattle Selection is Out &#8211; We&#8217;re NOT In :(</title>
		<link>http://mbastartupblog.wordpress.com/2010/07/10/techstars-seattle-selection-is-out-were-not-in/</link>
		<comments>http://mbastartupblog.wordpress.com/2010/07/10/techstars-seattle-selection-is-out-were-not-in/#comments</comments>
		<pubDate>Sun, 11 Jul 2010 03:54:52 +0000</pubDate>
		<dc:creator>brianmba</dc:creator>
				<category><![CDATA[Hylo]]></category>
		<category><![CDATA[Networking]]></category>
		<category><![CDATA[Startup]]></category>

		<guid isPermaLink="false">http://mbastartupblog.wordpress.com/?p=109</guid>
		<description><![CDATA[We made a good showing but didn't quite get in to TechStars Seattle. <a href="http://mbastartupblog.wordpress.com/2010/07/10/techstars-seattle-selection-is-out-were-not-in/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=mbastartupblog.wordpress.com&amp;blog=10840735&amp;post=109&amp;subd=mbastartupblog&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>Well, the good news is that we (Hyper Local Media) made the Top-30 out of an apparent 500 applicants for the first year of <a href="http://techstars.org">TechStars</a> Seattle. The bad news is that TechStars was only looking for 10 companies. I look forward to learning about the teams that were selected, I&#8217;m sure they&#8217;re all doing interesting things and I wish them the best.</p>
<p>We haven&#8217;t formally launched but the <a title="Community Magazine Network" href="http://www.magazineconnect.com" target="_blank">Community Magazine Network&#8217;s website</a> is now live. If anyone is wants to take a look and give me some feedback I&#8217;d love to hear it before we start actively promoting it in the coming week or so.</p>
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		<title>Innovation Boom or Apocalypse?</title>
		<link>http://mbastartupblog.wordpress.com/2010/07/09/innovation-boom-or-appocalypse/</link>
		<comments>http://mbastartupblog.wordpress.com/2010/07/09/innovation-boom-or-appocalypse/#comments</comments>
		<pubDate>Fri, 09 Jul 2010 15:15:33 +0000</pubDate>
		<dc:creator>brianmba</dc:creator>
				<category><![CDATA[Innovation]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Business Model]]></category>
		<category><![CDATA[Invention]]></category>
		<category><![CDATA[Service]]></category>
		<category><![CDATA[The Next 10 Years]]></category>

		<guid isPermaLink="false">http://mbastartupblog.wordpress.com/?p=103</guid>
		<description><![CDATA[The last ten years haven't seen much in the way of innovation outside of the web, will the next 10 be any better? <a href="http://mbastartupblog.wordpress.com/2010/07/09/innovation-boom-or-appocalypse/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=mbastartupblog.wordpress.com&amp;blog=10840735&amp;post=103&amp;subd=mbastartupblog&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>The last 10 years has been pretty blah as far as innovation is concerned. Sure the web has evolved and we all love Facebook and Twitter and couldn&#8217;t imagine living without Amazon or Google (Bing anyone?) but these are all web properties and thus not very diversified.</p>
<p>Where are the medical breakthroughs, the truly revolutionary transportation inventions be they car or plane, even household tech doesn&#8217;t feel all that different other than flatter TVs. Clearly people haven&#8217;t been standing still but I don&#8217;t feel there have been many innovations or inventions that have impacted us in a how-did-we-survive-without-that kind of way.</p>
<p>As a consummate optimist I&#8217;m convinced that the next decade will see some pretty interesting breakthroughs that leave my son&#8217;s high school years looking very different from mine &#8211; and not just because he&#8217;s texting or listening to MP3s. My gut tells me that some of the biggest innovation will be around business models and service &#8211; the offline varieties (although I&#8217;m sure they&#8217;ll leverage the web).</p>
<p>What industries do you think are ripe for a leap forward?</p>
<p>P.S. I hate that people use innovation to describe any progress. Innovation is incremental, often a re-purposing of existing tech for new uses &#8211; often affecting the fat part of the bell curve. Invention is new in a that&#8217;s-never-been-done sort of way. Help me fight the good fight by replacing innovation with invention when appropriate.</p>
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			<media:title type="html">brianmba</media:title>
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		<title>The difference between pursuing excellence and being a perfectionist</title>
		<link>http://mbastartupblog.wordpress.com/2010/07/06/the-difference-between-pursuing-excellence-and-being-a-perfectionist/</link>
		<comments>http://mbastartupblog.wordpress.com/2010/07/06/the-difference-between-pursuing-excellence-and-being-a-perfectionist/#comments</comments>
		<pubDate>Tue, 06 Jul 2010 15:15:47 +0000</pubDate>
		<dc:creator>brianmba</dc:creator>
				<category><![CDATA[Leadership]]></category>
		<category><![CDATA[MBA]]></category>
		<category><![CDATA[Quality of Life]]></category>
		<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://mbastartupblog.wordpress.com/?p=94</guid>
		<description><![CDATA[When we started B-School we had a getting-started week to prepare for the program and lay the foundation for the rest of the MBA education we were to receive over the following two years. We had a seminar with the &#8230; <a href="http://mbastartupblog.wordpress.com/2010/07/06/the-difference-between-pursuing-excellence-and-being-a-perfectionist/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=mbastartupblog.wordpress.com&amp;blog=10840735&amp;post=94&amp;subd=mbastartupblog&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>When we started B-School we had a getting-started week to prepare for the program and lay the foundation for the rest of the MBA education we were to receive over the following two years. We had a seminar with the <a title="The Glasers" href="http://www.theglasers.com/">Glaser&#8217;s</a>, a husband and wife team that specialize in equipping people to better handle interpersonal relationships. My classmates embraced and, sometimes, made fun of the 80/20 rule that was introduced. No, it wasn&#8217;t the 80% of work is done by 20% of people or 80% of revenue come from 20% of products (although those are both legit).  In this case, the idea was that someone on our study teams (or work teams) could call 80/20 when we were reach a point of diminishing returns to signal that we should move on.</p>
<p>This 80/20 rule is particularly interesting when dealing with a group of Type-A&#8217;s because for some Type-A is synonymous with being a perfectionist, getting perfect grades and being at the top of the class. And, for some, Type-A manifests itself by getting involved in as many activities as possible. In some cases it means both but our generation seems to have a better drive for work/life balance.</p>
<p>The point of all this is that by working with 100 very smart people I&#8217;ve started be able to spot the difference between those that are pursuing excellence and those that are simply perfectionists. Let me be clear, you can pursue excellence and be a perfectionist but I don&#8217;t believe they go together often. The reason? Being a perfectionist is about proving yourself to others, proving your ability, perhaps even something done out of fear in attempt to avoid looking foolish. What does it take? Work ethic and a willingness to put in time, time to keep polishing until it can&#8217;t shine any brighter &#8211; pushing through despite diminishing returns. A noble effort indeed but not all that value adding&#8230; take math, you can run numbers by hand and go over your work until it&#8217;s &#8216;perfect&#8217; or you could just let Excel do it for you.</p>
<p>Pursuing excellence on the otherhand is about doing something special, something different, something of unique value. In reality, excellence is rarely perfect but generally not something just anyone can do with enough time or effort &#8211; unless of course your special brand of excellence is being able to think on your feet and produce quality (not necessarily perfect) work quickly. Excellence is about not being perfect. It&#8217;s about choosing something you&#8217;re willing to let suffer so that something else can be special&#8230; it&#8217;s also about knowing when the returns of simply doing more work aren&#8217;t worth the effort.</p>
<p>There&#8217;s a place for perfection but true perfection is rarely what&#8217;s called for. The next time you&#8217;re pulling a late night or beating yourself up over something stop and ask yourself, &#8220;Am I pursuing excellence or am I merely being a perfectionist?&#8221;</p>
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			<media:title type="html">brianmba</media:title>
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		<title>I made it!</title>
		<link>http://mbastartupblog.wordpress.com/2010/07/01/i-made-it/</link>
		<comments>http://mbastartupblog.wordpress.com/2010/07/01/i-made-it/#comments</comments>
		<pubDate>Thu, 01 Jul 2010 22:47:25 +0000</pubDate>
		<dc:creator>brianmba</dc:creator>
				<category><![CDATA[Golf]]></category>
		<category><![CDATA[Networking]]></category>
		<category><![CDATA[Technology]]></category>

		<guid isPermaLink="false">http://mbastartupblog.wordpress.com/?p=96</guid>
		<description><![CDATA[Yesterday was a good day, I got the news I had been waiting for. I opened the e-mail and there it was, &#8220;You&#8217;ve been selected.&#8221; No, this wasn&#8217;t the TechStars acceptance e-mail (although I&#8217;m hopeful I&#8217;ll get one of those &#8230; <a href="http://mbastartupblog.wordpress.com/2010/07/01/i-made-it/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=mbastartupblog.wordpress.com&amp;blog=10840735&amp;post=96&amp;subd=mbastartupblog&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>Yesterday was a good day, I got the news I had been waiting for. I opened the e-mail and there it was, &#8220;You&#8217;ve been selected.&#8221;</p>
<p>No, this wasn&#8217;t the <a title="TechStars" href="http://www.techstars.org/">TechStars </a>acceptance e-mail (although I&#8217;m hopeful I&#8217;ll get one of those next week) this was an e-mail from John Cook of TechFlash fame inviting me to join the TechFlash foursome for the <a title="WTIA Golf Scramble" href="http://www.washingtontechnology.org/pages/events/events_events_wsaevent.asp?EventID=887">WTIA&#8217;s Annual Golf Scramble </a>on July 26th. John <a title="Teeing Off with TechFlash" href="http://www.techflash.com/seattle/2010/06/tee_off_with_techflash.html">wrote a blog post</a> asking for submissions by people who were interested in filling out the foursome and I replied with<a href="http://mbastartupblog.files.wordpress.com/2010/07/techflash.jpg"><img class="alignright size-full wp-image-97" title="TechFlash" src="http://mbastartupblog.files.wordpress.com/2010/07/techflash.jpg?w=300&#038;h=400" alt="" width="300" height="400" /></a> 100-words that I&#8217;m sure could only be described as brilliant&#8230; I also gratuitously leveraged my cute toddler, I suspect the pic to the right is the real reason I was chosen.</p>
<p>Playing 18 with John Cook at a tech-related golf tournament is going to be a great way to spend a Monday in July (although, I hope the round is the sub-6-hour variety).</p>
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