|| Print ||
|On the Scene|
|Monday, May 17, 2010|
BY ANGELA WEBBER
The crowd at Oregon Entrepreneurs Network's monthly PubTalk Wednesday consisted of three main types of folks: entrepreneurs desperate to pitch their start-ups, lawyers eager to get new clients, and MBA students learning how to network. They all had something to learn when the hors d'oeuvres were put away and the panel took the stage for "The Art of Bootstrapping."
The main lesson of the night: your customer is your number one investor. The order of business building: idea, business model, investor, product, customer–is all wrong, said the panel. Each of the four presenting entrepreneurs started with an idea, but soon learned that it is the customer who should determine the direction of the project.
"I don't see why you should build something you haven't already sold," said Paul Anthony, who started his company, Rumblefish, with $400 of his own money in his college dorm room.
"Find a customer and then back in to everything else,” said Eli Alford-Jones of Paydici, a Portland-based online rent paying service.
Investment is hard to find, particularly in Portland. Though there are some organizations, like the Oregon Angel Fund, that invest in young businesses, starting a project is difficult. Winquist described it as a catch-22: "No one wants to invest in you until you have a proven business model, but once you have one, you don't need funding."
Angela Webber is the online editor for Oregon Business.
|Child care challenge|
|Is there life beyond Reed?|
|Back to School|
|Ninkasi grows to NY|
|Eco challenges facing Oregon|
|Adidas produces special shoe for upcoming Timbers/Sounders match|
|Intel invests $60M in drone company|
|Congestion should be expected|
|How many devices are using Windows 10?|
|Aftermath of the Ashley Madison hack|
Transforming the culture of Oregon’s educational leadership.
The Board dismissed a petition related to efforts to unionize the Northwestern University football team.
Every once in a while we receive a letter in the (fictional) mailbag that is tough to describe and quite compelling. This week, Isabel, the new HR manager at LabCo (and someone who is new to HR), wants to know whether she may fire the owner’s son for having an Oregon medical marijuana card. In passing, Isabel also makes a number of alarming admissions about her motivation. Here is Isabel’s nerve-racking question and our response to it.
Oregon Sick Leave is here, and changes to the federal white-collar worker regulations are on the way. This workshop will prepare you for both. We invite you to participate in an interactive discussion on how to start planning now for the future impact on your operations and finances.
Presented by OEN + CENTRL + YESpdx.
This Roundtable will cover numerous issues under the employer "shared responsibility" rules of the Affordable Care Act, including how to track the "full-time" status of variable-hour employees, temporary or seasonal employees, and employees who experience a change in status or a break in service. Additionally, we will provide a brief overview of Code sections 6055 and 6056, which require most mid-sized and large employers to submit their first information reports to the IRS in early 2016 regarding the health insurance coverage being offered to employees. We invite you to participate in an interactive discussion on how to prepare for the future impact of the shared responsibility rules on your operations and finances.