March 21, 2007

Utah Bloggers Conference Announced!

Phil Burns announced the second annual Utah Bloggers Conference to be held on July 28th and 29th, 2007. Featured speakers include Robert Scoble and Jeff Barr, with more speakers to be named as the event draws closer.

With Philbert and Money running the show, and headliners like Scoble and Barr, I have no doubt that the event will be off the chain, hook, charts and heezy.



March 20, 2007

Case study: Humility is good business

Today, I proved myself a hypocrite once again.

Part I

I spoke with an entrepreneur today who really rubbed me the wrong way because of his lack of humility and tact. FundingUniverse offered him a favor that he didn't necessarily deserve and he basically threw the favor back in my face by asking me to "sell him" on why he should accept our favor.

As a result our offer was withdrawn and now it may be difficult for this entrepreneur to raise angel capital here in Utah because his reaction to our offer indirectly insults the leadership of every angel group in the state (It's a long story, but trust me, it does.). Perhaps raising money in Utah isn't his goal -- I don't know. Regardless, his reputation in this area will take a major hit. And that stinks because this guy is an great entrepreneur with tremendous potential.

Part II

Fast-forward about four hours in the day to an important conversation with a new FundingUniverse team member who gave me some critical feedback on our business model. To make a long story short, the conversation was very difficult for me. I found myself foolishly defending decisions that I had sharply criticized weeks earlier in FundingUniverse team meetings. Why did I defend our mistakes? I lacked the humility to just say, "You're right. We were wrong. What would you suggest we do to solve the problem?" Now I have damaged my credibility with a valuable team member and wasted good problem solving time defending a moot point.

Part III

Here I am writing this post feeling sheepish for being a hypocrite, while hoping that the employee that I spoke with this afternoon reads this post and forgives me. :)

I've also relearned that humility -- not to be confused with sheepishness, cowardliness, or weakness -- is a tremendous asset for entrepreneurs who don't have time to damage relationships and defend past mistakes because of foolish pride.



March 16, 2007

Killer App: The Boss Button

I laughed out loud when I used the Boss Button (see picture below) at the bottom of cbssportsline.com's live stream of the NCAA Basketball Tournament games. When you click the button, the streaming video screen turns into a page of charts and graphs, saving you from any negative consequences that may come as a result of your watching the games on the job.

I really wouldn't have any use for it because I would never watch any of the UNLV v. Georgia Tech game during business hours, but some people might. ;)