Paul Graham shares his view on successful startups in this short excerpt.


You need three things to create a successful startup: to start with good people, to make something customers actually want, and to spend as little money as possible. Most startups that fail do it because they fail at one of these. A startup that does all three will probably succeed.

And that’s kind of exciting, when you think about it, because all three are doable. Hard, but doable. And since a startup that succeeds ordinarily makes its founders rich, that implies getting rich is doable too. Hard, but doable.

If there is one message I’d like to get across about startups, that’s it. There is no magically difficult step that requires brilliance to solve.

You can read the rest of this long but ultra interesting article here.

When lack of inspiration hits or when the competition is already where you wish you were, it might help to zoom in a bit. Not everyone is born and ready to face the world and the same is true of most entrepreneurial debuts. Being everything to everyone is not just hard, it’s condemning yourself to perpetually look for The right idea. And then you miss the point entirely. Narrowing an idea down to your own backyard or to a more human scale makes it more palatable and less intimidating. Your hometown is as good a place as any to start a business. You praise its beauty on sundays, you curse its flaws on mondays and you’re a critic to it every other days so who else than you to better feel the pulse of what’s going on in the city ? So instead of torturing yourself to find something that rhymes with the United Colors of Benetton, why not strike a chord with the local scene first ?

Allentrepreneur, which made its start just over two weeks ago, is proud to say the interview articles have gotten groovy feedback and requests are now pouring in ! One of the very first entrepreneurial idea that caught this blog’s attention was Thudguard, the toddler helmet. Today we get to have an interview with its inventor, Kelly Forsyth-Gibson. Read on.

Hi Kelly ! Tell us a bit about yourself.

I am a young 41 year old mother of 3 wonderful children who I love more than anything in the world. I was born and still live in the beautiful city of Aberdeen in Scotland. I was a secretary for many years before I accidentally became an inventor 10 years ago.

So what is your company about ?

Right now, my company is about getting an excellent end product to the customer in a fast but efficient manner whether that is direct to the customer’s home or a huge shipping order to a warehouse in the States. 

The patent application for my Thudguard invention was submitted in 1998 only a few short months after I came up with the idea.  In the past 10 years, my company has been through every developmental stage that it takes to make an idea become a reality.  It has been the biggest learning curve of my life.

How did the idea for Thudguard come about ?

Thudguard, baby safety hat invention, was born out of pure necessity to protect my one-year-old infant after she had a nasty fall, as I couldn’t find anything suitable on the market.  To see the distress of your baby with a head injury is enough to make you find a way for that not to happen again.  Ask any parent!

Quite true. Did you start your venture alone ?

Very much alone in the business sense but I did benefit from my family’s help and support.  10 years ago, local business support was very limited. Yes they could help the lady down the road set up a mobile hair salon or a young man with a removal van service but not a woman with an invention ! They didn’t know what to do with me. They sent me to their top person who gave me at least three good pointers and sheer determination not to fail took over from there.

After attending my local Enterprise Trust for the first time, I was advised to do 3 things;

1.     Get an accountant

2.     Get a legal representative

3.     Get expert endorsements for my invention

The first 2 were easy. I simply walked in to the biggest accountancy and legal firm in Aberdeen and said, “I don’t have any money but I have a really good idea.  Will you help me and when it works out I will pay you”.  Thankfully they took the chance and now have both been paid.

But the 3rd worried me somewhat.  I had made an appointment to see the head pediatric accident and emergency consultants at my local hospital to ask them what they thought of my baby safety hat.  If they had laughed at my hat I may have run out of their offices and never have looked back.  But they didn’t, in fact they said;

“Thudguard will be welcomed by many parents as a piece of equipment that may provide protection for children from a head injury. This can only be a good thing as even one accidental head injury is one too many. Avoiding head injury means reducing potential visits to the A&E department, which in turn may potentially save the NHS/ER resources.

Wow. Now that’s what I call inspiring feedback. How did you look for financing after that ?

The accountancy firm that I got on board developed a business plan with me and it was 3rd time lucky with the banks.  It really was touch and go but having the top legal and accountancy firms behind me, the bank couldn’t refuse, and things went from strength to strength after that.

Do you only sell the Thudguard online ? If so, have you ever thought of selling in specialized baby stores ?

Thudguard sells online in many different countries now and we are in the middle of developing the new retail packaging for worldwide retail outlets.

How successful has your business been since day one ?

Day one came nearly 8 years after getting Thudguard through all the red government tape as it took that long to get such an unusual invention to pass all the product standard certification and impact testing. We launched in 2005 and from selling a few a day over the internet to now, setting up a US website; see www.babysfirstheadgear.com a Turkish website; www.thudguard.com.tr as well as looking for distributors in Australia; see www.thudguard.com.au. We have also recently secured a Thudguard website an distributors in Singapore, South Korea and more recently, Egypt. So it’s safe to say that we are definitely growing.

How complicated is the Thudguard fabrication process ? How do you handle it ?

Finding a manufacturer for my invention was a night-mare and took a long time and I went down many wrong roads. Then it occurred to me that I should find a head gear manufacturer that had dealings with a similar fabrication process to what I was looking for and then it became obvious – rugby helmets were made of soft yet protective foam so they would know how to make my baby helmet….. and they did !

What consequences to your personal life has the move towards entrepreneurship brought about ?

The obvious ones like stress and obsession compromising the quality time between me and my children but I try to remember that, “No one on their death bed ever said, I wish I had spent more time at the office”!  And that usually gives me the perspective I need to keep my priorities in check.

That quote rings very true. What are the 3 toughest challenges your company has faced so far ?

1. Getting a British Standards Expert to write a new technical specification to test and pass Thudguard to.

2. Finding a company willing to take a license to distribute and market Thudguard for 2 years to give me time to learn how to do it by myself.

3. Taking over and running the company by myself ! 

Can we expect new innovations from you in the future ? Teen Thudguard maybe ?

Funny you should ask!  I am working on something just now that is going to be an amazing improvement to head gear for cyclist but can’t say too much about that! With regard to Teen Thudguard – Ha ha…..(You must have the same problem with teenage drinking in Canada?)… but I guess I had that coming as I am often branded as an “over protective parent”, and that’s just from my own children. My oldest son is 23 years old and still laughs when remembering that I wouldn’t let him cross the road by himself when young but guess what?  He now works on oil rigs all around the world and faces all kinds of dangers every day! My 21 year old son just passed his driving test and is about to graduate and take a year off to go around the world – without me! So I guess being a bit of a mummy bear while they were growing up hasn’t done them too much harm.

Hahaha. I’ll remember that. Last but not least, what advice would you give to a young person with entrepreneurial ambitions ?

Get a dictionary and find the word TENACIOUS.  Stick a picture of yourself next to it and never forget that this is what you are!

You got it Kelly.

Learn more about Thudguard and your baby’s safety on the official website.

 

 

Here is a nice excerpt from blogger Steve Pavlina.

The real value of any creation is in the implementation, not the idea.

Do you really bemoan the fact that you didn’t think of some great idea before someone else did? Would it have made any difference if you did? You’re probably sitting on lots of great ideas that someone else is already implementing.

In the gaming industry, I saw several companies do quite well with ideas that were totally unoriginal. They succeeded because they had great implementation of those ideas. There are a lot of Galaga and Tetris clones on the market. I remember that many developers were disturbed by the success of these cloners.

I had an original game idea that I thought was pretty good, but it didn’t generate any income by itself. It just sat there on paper. It took months to turn it into an actual game, and the final product sold quite well. Some people assumed it was the idea that caused the game to sell well. No, it was the implementation of that idea.

Ideas are easy. Implementing ideas is hard because that’s where things get complicated. The devil is in the details. Turning something mental into something physical is often quite a challenge.

Sure there are exceptions, but even when people value ideas, solid implementation is still required to extract the value.

You can read the entirety of his post here. Enjoy.

This interview is big. Big on content and insight. Inventor and business owner Wayne Perry takes some time off to share an incredible story in which we learn about self-defense, fate, fight, sacrifice, sheer ingenuity, Oprah Winfrey and lots more. For those who aspire to take the entrepreneurial journey take the time to read this and turn yourself into a believer.

Hi Wayne ! I read about how you came up with the idea for Sinusbuster on your website. Wow ! Now that’s a story. Can you share a bit with our readers ?

It all started in 1995 when I was traveling the country (US) advocating street style self defense. I produced a self-defense video teaching people how to use ordinary items and dirty tricks to defend themselves from criminal assaults. One of my gimmicks for getting publicity was to be sprayed with real police pepper spray. I ended up on the Oprah Winfrey show and I taught Oprah how to use self-defense pepper spray. After that show, I was bombarded with appearance requests from all over the country. Suddenly I was getting sprayed with pepper spray for small tv stations around the country while promoting my self defense videos. I had suffered from chronic cluster headaches and allergy problems for 20 years, but I never had a headache attack during one of my self defense demos. Then one day I was about to be sprayed by a television reporter at a local FOX News affiliate, and minutes before I had to go on the air I was hit with a cluster attack. Since the show had to go on, I let the reporter spray me and within seconds I was on my knees and unable to see from the pepper. Then it hit me - my headache was completely gone and I never felt better. That was the moment I realized that hot peppers could stop headaches instantly, and the rest is history. I spent the next year perfecting an all natural capsaicin nasal spray that worked every time, and I kept the formula for personal use. It completely stopped my headaches and allergy problems like nothing else, but I never thought abut selling it until a few friends tried it with the same results. In 2003 I decided to bottle it commercially as Sinus Buster hot pepper headache nasal spray. Today we make a variety of capsaicin nasal sprays targeting allergies, sinus conditions, migraines, general headaches and colds.

Your main ingredient is capsaicin, the stuff we find in chili peppers ! Eating it alone is…explosive. How would you convince me to spray that into my nose ?

I would first tell you there is no lingering burn with Sinus Buster like with spicy foods. When you eat hot peppers the burning sensation lingers for a while because you’re coming in direct contact with the capsaicin, but with Sinus Buster the capsaicin is diluted thousands of times so all you feel is an exhilarating bite that lasts less than 30 seconds. Secondly, the discomfort of a headache or sinus infection is far worse than the hottest pepper and Sinus Buster really works fast. Besides, every other major OTC nasal spray is filled with chemicals, and Sinus Buster is completely natural. So why put chemicals up your nose when there’s a natural alternative that actually works better.

Good point. Did you start your company by yourself or with partners ?

I started alone at my kitchen table, but within three weeks the business took off so fast that I had to enlist help from my mother and a friend who are both my partners today. 

How did you go about looking for financing ?

We have never gotten any financing. We started with $350 and a dream. The sales of Sinus Buster have built our tremendous growth from day one.

That’s pretty amazing. How did you come up with all the different formulas for Sinus Buster ?

Once I discovered that capsaicin could stop a headache and reduce nasal inflammation, I began to experiment with its’ effect on blood vessels and nerves. I started mixing other herbals with the capsaicin to see how my body would react. What I found by acting as my own guinea pig was that capsaicin has the ability to act like a carrier for other herbals. Capsaicin increases permeability of the (Blood - Brain - Barrier) allowing theraputic agents to enter the bloodstream and central nervous system simultaneously. our company has filed patents on certain methods using capsaicin to deliver theraputic agents in a nasal spray. What makes each Sinus Buster formula so effective is the intranasal application. Intranasal drug delivery is the most efficient and most effective, but many theraputic agents cannot be completely absorbed through the Blood-Brain Barrier. By using capsaicin as a delivery agent, our nasal sprays are able to deliver theraputic agents with far more effectiveness than other methods such as orally ingested pills or liquids. When you ingest a medicine orally, much of its’ theraputic value is lost as it travels through your digestive system, but with a nasal spray we can deliver big relief in tiny doses. That’s the basic premise.

Sounds like you did a lot of homework. Now I see you have a weight loss formula and a prostate formula. I’m very curious about how that works, especially the latter !

The capsaicin works on several levels in each product. In addition, the other herbals also target each specific health issue. In the Sinus Buster Weight Control formula, the capsaicin reacts with the olfactory nerves and the central nervous system to decrease hunger pangs similar to the way Hoodia does.  The capsaicin also boosts metabolic activity and aides the body in burning fat cells. The other herbals such as Green Tea, Licorice Root and Ginseng all work to increase thermal activity to boost the metabolism. The Prostate formula uses proven herbals such as Saw Palmetto and Africanum Pygeum along with the capsaicin which acts as a carrier. The capsaicin also increases blood flow throughout the body which aides the prostate. There have been numerous independent studies supporting the use of each herbal ingredient in all Sinus Buster formulas, and by combining these ingredients with capsaicin our nasal sprays deliver each theraputic ingredient directly into the body.

You’ve been on the Oprah Winfrey and Maury Povich shows. Did that help at all ?

I did all those shows back in the 1990s while I was a self defense instructor, and they certainly helped me to deal with media exposure Sinus Buster gets today. The biggest influence was from Oprah Winfrey who actually inspired me to create the world’s first hot pepper nasal spray in 1995. Thanks to the exposure of my self defense workshops on Oprah’s show, fate allowed me to discover the medicinal power of hot peppers. Without that exposure on Oprah, I may never have discovered my initial invention. I really believe that certain things are meant to be in life, and teaching Oprah how to use self defense pepper spray allowed fate to lead down the road to invention. While necessity is the mother of invention, fate is the father.

Nice. How successful has your business been since day one ?

When I started this in my kitchen selling the first bottles of Sinus Buster on eBay, all I wanted was to make $500 a week to support my family, but within 2 weeks I was selling four times that. Within 6 months after launching the business, Sinus Buster was featured in the Wall Street Journal and on the Howard Stern Show. Within the first year Sinus Buster went from eBay to being sold in over a thousand stores and dozens of websites. Sinus Buster was a winner from day one and stores called us - we didn’t call them. Of course the road was not an easy one and it was no get rich quick scenario, but we saw the potential from the very first week in business.

For some time now, it seems everyone is enamored with “natural products”. You seem to be riding that wave quite smoothly. Can you comment ?

Yes - natural is in. Consumers have gotten wise to the fact that a health product doesn’t have to be filled with chemical medicines in order to work. In fact, it’s the exact opposite. Many chemicals are less than safe and they tend to mask your health symptoms which leads to rebound effects and unhappy customers. The consumer trend toward natural is also part of the new “Green Thinking” we see in society. Whether it’s natural medicines, natural foods and natural living in general, the trend toward natural will continue to grow because it’s the wise path for all of us. Now you see natural sections in all kinds of supermarkets and big box stores. While it is helping the marketplace, it’s also making things harder for the small traditional health food stores. They now have to compete with the grocery chains, drug stores and (supermarket health food hybrids) such as Wholefoods Market and Publix Greenwise. Natural is in and it’s here to stay and that’s a very good thing for American consumers.

Have you devoted yourself totally to Sinus Buster or do you still keep a day job ?

I had to quit my day job in 2004 about three months after selling my first bottle of Sinus Buster. Today we have product distribution in thousands of stores around the world and I actually need to clone myself several times just to keep up with the growth of our Sinus Buster brand.

What consequences to your personal life has the move towards entrepreneurship brought about ?

The past five years have been all about the business. I have averaged 90 hour work weeks for much of that time. Though I do try hard to get quality family time and personal time, the business has controlled my life and I’ve made many sacrifices on behalf of this venture. My partners have also made the same sacrifices because Sinus Buster has complete control of our lives. It’s a once in a lifetime larger than life product and we wouldn’t have it any other way. The task is enormous, but so is the payoff.

What are the 3 toughest challenges your company has faced so far ?

1: Starting with only $350. 2: Educating consumers, doctors and retailers to understand that Sinus Buster is the real deal and not some gimmick. 3: Building a brand from the ground up while creating a brand new market category.

Can we expect new innovations from you in the future ?

Absolutely. We are constantly developing new product applications in a variety natural health categories, and as our company grows we will be pushing the limit even further.

What advice would you give to a young person with entrepreneurial ambitions ?

Be prepared to fail and be prepared to fight. People will tell you it can’t be done and others will stand in your way from day one. You will encounter many bumps in the road, but if you are a true entrepreneur then you will fight on. Protect your ideas from the start because there are many unscrupulous business sharks out there who will attempt to prey on your innovations. Patent, trademark and copyright all your creations from the start - no matter what it takes. If you have something unique and good, people will try to take advantage of you for their own monetary gains.

A big thanks to Wayne Perry for the interview. If you want to learn more about his invention and journey or if you just want to kick some sinus ass check out the Sinus Buster website.

Coming up with new business ideas is pure fun and a quick look at what’s actually been done out there and you’ll understand that there is no such thing as a silly idea. In its quest for the most inventive and unusual ideas out there, this blogger has seen some absolutely outrageous things… and wishes he would have thought about it first almost every time.

An idea should almost always play to your strengths. It’s nice to dream about a holographic indonesian maid that greets you and serves you coffee every morning but can you actually create that ? It’s important to be realistic not about your ideas but about yourself. Your strengths should be used to their full potential and your weaknesses, far from being a curse, are there to put you back on the right track when you stray too far from it. Look deep into your educational background, personal interests, experiences, financial options, contacts, etc. This will help narrow down the possibilities of finding a good idea without taking the fun out of it. Holograms are fun but an idea that has real potential for success is even more so.

 

This week, stay tuned for two super interviews with Wayne Perry, inventor of the Sinus Buster and Kelly Forsyth-Gibson of Thudguard. You can also see Allentrepreneur’s Thudguard article here.

Here’s an interesting article on competition by author Lance Winslow.

Most small business people are so worried about the competition and to the point of absurdity. Now that is not to say that Andy Grove of Intel was not correct when he said;Only the Paranoid Survive, which, actually became the title of his book.

You should know who your competition is, what they are doing, and how the customers are responding to their market exploits. So, is competition good or bad you ask? Well, both, and it’s obvious why you might think they are bad, but have you considered why they are good for you and your company lately?

Yes, I believe competitors are like mile markers on the journey to success, yet even when you out pace them, you can never be too careful. Bill Gates use to say that Microsoft is number one today, but that does not mean someone with a garage start-up will not come along tomorrow and do what they did. So, competition keeps you honest and it keeps you striving to better your efforts.

I can tell you this in my days as an track and field athlete, even when the competition was not breathing down my neck, I imagined they were, even if I was disciplined enough not to ever look back. Competition is good, the strong survive, as well they should. It is the natural order of things, and going with the flow of life, it makes sense to never forget that. Whether it is business or sports, you must understand that the competition can help push you forward to greatness, and thus, in the end I think I will thank my competition, not trash them in public - Lance

Allentrepreneur’s first interview is with american entrepreneur Francisco Guerra. From his early brush with the world of magic to his creation of special effects factory SnowMasters, Francisco has most kept one thing constant all throughout his life’s work : the “wow” factor. His latest invention is the very cool flying logos marketing technique aka Flogos which was covered here earlier.

Tell me a bit about yourself.

I’m a 39 year old inventor born in Cuba and immigrated to the States when I was 5. At a young age there was an inclination to magic; illusions fascinated me. In my early 20’s I invented a process of making it snow. This new technology was called evaporative snow. I formulated my first special effect factory called SnowMasters.

What is your company about ?

For the past 15 years we’ve been designing special effects for the movie and special event industry. In our Northern Alabama R&D facility, we have been working on unusual new technologies.

How did the idea for Flogos come about ?

About 7 years ago, a colleague of mine, Dr. Brian Glover, started on the notion what if we could make clouds? Then the next question came, what if we could make clouds in the shape of logos ? Seven years later, we developed the technology. We call it FLOGOS. The new industry has been born for skyvertising.

Did you start off alone ?

If it wasn’t for the resources of SnowMasters R&D department, we would have never been able to. It helps when you have a fleet of engineers and a facility equipped to make prototypes.

What is the toughest thing about having partners ?

As a general rule of thumb, I don’t like partnerships but Brian and I have partnered on other inventions and have worked very well together.

The coolest ?

We split up our resources. I handle the manufacturing and Brian handles the chemistry.

How did you go about looking for financing for Flogos ?

In this case, I used my own resource which is SnowMasters.

Have you thought about raising outside money such as VCs or angel investors ?

This project is actually larger than anticipated.  My next step is either become a publicly traded company or be acquired by a larger entity.

What has been your marketing strategy ?

In the sky. Every single potential client that sees a Flogo signs into the program. The response is overwhelming. The inquiries flood our e-mail server. It appears that every major advertising agency has made contact and is proposing Flogos to their clients for their next new campaign.

What consequences to your personnal life has the move towards entrepreneurship brought ?

In my case, continually reinventing oneself and adjusting to the economy and finding new markets to develop is a drive that cannot be stopped.

What are the 3 toughest challenges your company has faced so far ?

1.  Designing a simple unit. 

2.  Designing a specialized fluid that will adhere the Flogos. 

3.  Distribution.

What are your goals for the short-term future ?

Establishing distribution throughout the world.

Long-term ?

Becoming a publicly traded company.

My last question is what advice would you give to a young person with entrepreneurial ambitions ?

Keep dreaming of ways to improve the way people do things. I have found that if something has never been done before, then I’d like to be the first.  This attitude is needed when one wants to become an entrepreneur. Work hard, find advice you need from those who have made it. Be careful from taking advice from those who have not made it.

Finding advice from those who have made it is precisely what this blog is about and it’s good to know that there are entrepreneurs who believe in the same practice. Should the need to have your head in corporate clouds arise, you’ll now know where to look. Thank you to Francisco Guerra for this excellent interview and congratulations on this entrepreneurial endeavours. Check out the SnowMasters website as well as Flogos‘ to learn more and be sure to leave your comments.

 

At Surface Jalouse, customization is the name of the game. Wether it’s on the wall, on your shower’s glass door or on a leather sofa, this montreal-based company offers to print your favorite design on almost any surface. Their shop doubles as a stylish exhibition of their creative work. But without any doubt, the star product of this shop are its removable vynil wall graphics. Gone are the days of traditional wallpaper decorations. Decorating your wall is now just a matter of what you want on it. And should you end up not wanting it anymore, they are removable and leave no damage to the wall. If only this blog’s author had thought about this idea first, his room would look like something liveable. Now he’ll have to pay for it… Check out their original selection products on the Surface Jalouse website or head straight to their shop located at

SURFACE JALOUSE
T. 514. 303. 6220

2672 NOTRE-DAME WEST
MONTREAL, QUEBEC
CANADA, H3J 1N7

Francisco Guerra is one of those few entrepreneurs for which the sky is the limit. His company, Flogos, sells a helium and air based substance that looks and floats around like a cloud. This sounds cool enough in itself but Flogos goes even further : it shapes that substance into company logos. Capable of flying at various heights, these flying logos (flogos) are a true marketing innovation. Whatever shape is needed, the company can mould it. Imagine yourself looking towards the sky wondering what you could eat to fill your empty stomach and, like a sign from heaven, the McDonald’s logo floats into view. Amen. You can read more about this extraordinary product on the Flogos website.

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