eoincostello

Archive for June, 2011|Monthly archive page

Startup Genome benchmarking tool turns entrepreneurship into a science

In Advice for Start-ups on June 30, 2011 at 5:17 pm

Great benchmarking tool that all startups should try out:

http://startupgenome.cc/pages/startup-genome-benchmark

Lean approaches to processes

In Visual Representation of Information on June 30, 2011 at 9:46 am

Very interesting article by the original “Western interpreters” of Lean (Womack and Jones), their central premise is that by streamlining the systems for providing goods and services, and making it easier for customers to buy and use them, a growing number of companies are actually lowering costs while saving everyone’s time.

http://www.mindmappingworld.com/files/LEAN%20consumption.pdf

A “Did you know?” video for Facebook and social media stats

In Visual Representation of Information on June 28, 2011 at 10:21 am

I found this interesting: http://www.youtube.com/watch?feature=player_embedded&v=3SuNx0UrnEo

Also thanks to Krishna http://www.krishna.me/globalwebindex-2011-the-adoption-of-social-ne

Your website as your invisible staff member – leveraging virtual resources

In Slidedecks from Conferences I have spoken at on June 26, 2011 at 11:00 am


Here is my address to the 2008 Online Edge Conference

online-edge-conference may 08

Ranking of 8 EU start up accelerator programmes includes 3 Irish ones!

In Advice for Start-ups on June 21, 2011 at 5:58 pm

Nice to see 3 Irish programmes in there, here are the top 8 in order.

1. Seedcamp UK
2. Startupbootcamp Spain / Tetuan Valley
3. Startupbootcamp Denmark
4. Springboard UK
5. Openfund Greece
6. NDCR Launchpad Ireland
7. Propeller Venture Accelerator Fund Ireland
8. Startupbootcamp Ireland

Source: http://techcocktail.com/top-8-european-startup-accelerators-and-incubators-ranked-seedcamp-and-startup-bootcamp-top-the-rankings-2011-06

For more analysis on the components of successful accelerator programmes see http://www.nesta.org.uk/areas_of_work/economic_growth/economic_programmes/assets/features/startup_factories

2 examples of excellent visual representation of complicated ideas…

In Visual Representation of Information on June 20, 2011 at 7:01 pm

Two great videos that communicate complex information graphically:

The Machine is Us/ing Us – Michael Wesch – http://www.youtube.com/watch?v=NLlGopyXT_g

RSA Animate – Changing Education Paradigms – Sir Ken Robinson – http://www.youtube.com/watch?v=zDZFcDGpL4U&NR=1

Added subsequently: I came across this page: http://www.hea.ie/en/node/233 and thought it was a great way to display a considerable amount of stratified information.

Clever feedback form

In Visual Representation of Information on June 17, 2011 at 11:03 am

At the Festival of Innovation practice that I spoke at I liked the feedback form which was provided at the end, they had learnt from the book “Don’t make me think” http://www.amazon.com/Think-Common-Sense-Approach-Usability/dp/0789723107 and made it very easy to complete the form.

Planning your strategy, ensuring it is informed by those who will determine its success!

In Advice for Start-ups on June 17, 2011 at 7:50 am

Stakeholder analysis is a key way of ensuring that you consult those parties that will have a key role in determining the success or otherwise of your nascent strategy. There is a very useful article (albeit in a different context) on identifying your stakeholders and categorising them which I found useful:

http://www.fao.org/Participation/tools/stakeholderanalysis.html

A simple video which puts into images the exponential rate of change many aspects of our society is now experiencing

In Visual Representation of Information, Web 3.0 on June 14, 2011 at 4:02 pm

While it is now a bit out of date, I liked how this video uses a combination of statistics and images to communicate the exponential rate of change many aspects of our society is now experiencing.

Please see: Did You Know? at http://www.youtube.com/watch?v=cL9Wu2kWwSY

As if to prove the point of the exponential rate of change:

From:

http://www.rte.ie/news/2011/0630/myspace-business.html

At its peak in 2008, Myspace attracted nearly 80 million people in the US, almost double that of Facebook. 3 years later in 2011, the number of US visitors to Myspace fell to about 40 million while those visiting Facebook totalled about 150 million.

Why US start ups get bigger faster than UK startups

In Advice for Start-ups on June 12, 2011 at 4:15 pm

Very interesting report from National Endowment for Science, Technology and the Arts http://www.nesta.org.uk/home1/assets/features/atlantic_drift which finds that there are some key differences between US and UK funds: US funds are typically larger, make larger investments, make twice as many investments, do more follow-on funding and more frequently come together in syndicates to invest.