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CLP23: Discussing the Location Independent Entrepreneurial Movement with Terry Lin (BuildMyOnlineStore.com)

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This week I wanted to change it up a little bit. Less of an interview, this weeks show is a discussion with my buddy Terry Lin – a fellow location independent entrepreneur here in Ho Chi Minh City, Vietnam.

Terry Lin - BuildMyOnlineStore.com

Terry Lin – BuildMyOnlineStore.com

For this week’s show, Terry and I discuss the location independent entrepreneurship movement.

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CLP22: Assembly (YC12) Lets People Crowd-Build Startups, and Split the Profits (with Matt Deiters, Founder).

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Listen to this episode on iTunes.

In this weeks program, I spoke with Matt Deiters, the Founder and CEO of Assembly.com, an incredibly innovative platform that allows people from around the world to collaborate on startups together, make them profitable, bring them to market, and then split the profits based on their contributions to the project.

Matt Deiters - Assembly

Matt Deiters – Assembly.com

How awesome does that sound? Analogies can be drawn to crowd-sourcing and open-source. Both concepts have a lot of overlap with what Assembly does.

But it’s that for-profit aspect that really makes Assembly stand out, and makes their model a particularly challenging one… your brain is probably be tickled thinking through some of these right now.

  • How do they agree on contribution percentages?
  • How do they manage payouts?
  • Who handles the accounting?
  • Who owns the intellectual property?
  • Who owns the company?

There’s so many nuances to the model that make it, again, an insanely challenging problem to solve.

But their implementation has been absolutely butter.

Assembly.com Crowdsource Startup Platform - People

Assembly.com Crowdsource Startup Platform – People

At only 7 months young, these guys are the real deal. An alumnus of the 2012 cohort of Y-Combinator, their flagship product Coderwall - the social network for developers which some of you may be familiar with – boasts over 500,000 active members and is generating an average of $30,000/month right now.

All of which is distributed back to the community of contributors who’ve participated in the creation of the product on Assembly.

Incredible. Enjoy the episode.

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How to Build a Million-Dollar Business.

A lot of people are familiar with the dangers and risks of starting a business.

How to build a million dollar business

…You know what’s cool?

What if people don’t use your product? What if Google enters your market? What about those gruesome failure stats [1]?

Shitty, right?

If your goal is financial success, it seems, starting a business might not be the best way to go.

But what if it could be?
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CLP21: Point Changes How You Share and Discuss Online Content with Your Friends, with Ashwinn Krishnaswamy

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Listen to this episode on iTunes.

In this week’s program, I spoke with Ashwinn Krishnaswamy, one of the Co-Founders of Point, a browser extension that lets you share and discuss web content with your friends.

Ashwinn Krishnaswamy - Co-Founder, Point

Ashwinn Krishnaswamy – Co-Founder, Point

I stumbled across Point a couple when they went *big* on Product Hunt a couple weeks ago – big enough to become the highest rated Product Hunt in the history of the community.

It was easy see why the PH community embraced Point as they did…
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Where Do You Want To End Up?

In the Summer of 2011, I found myself at a career crossroads.

Career Crossroads
I was 6 months into my first job out of college, doing advertising sales for Yelp.com in New York City.

I loved everything about Yelp – the company, the product, my coworkers, the culture… It was all gravvy.

But I was starting to hate the work.
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CLP20: Inside Uber’s Explosive International Launch Strategy, with Alan Jiang (International Launcher, Uber)

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Without a doubt, Uber is one of the hottest startup stories around today. Their international expansion has been one of the most exciting parts of the story, pushing the service to over 160 markets in over 40 countries in just 3 years.

International Launcher Alan Jiang is on the front lines of that expansion.

Alan Jiang - International Launcher, Uber

Alan Jiang – International Launcher, Uber

As an International Launcher, Alan is sent into new international markets, and is responsible for establishing Uber’s business in the new city.

In this week’s show, Alan shares with us insights into the Launcher role, the Uber International Launch playbook, and the lifestyle of a Launcher.

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Back to Square One

Brutal. via Fast Company.

For now, Friar, the CFO, stresses that the company has enough breathing room to experiment. For example, Square Cash allows consumers to exchange money for free through an email or via an app. It doesn’t quite fit into Square’s merchant-centric products, and the company loses money (often in the range of 25 cents) on every transfer. Still Friar is encouraged. “We gave [the team] a bunch of cash and said, ‘You can’t lose more than X; go see what you can do,’ ” Friar recalls. In just eight months, Friar boasts that Cash is already one of the largest peer-to-peer players in the world.

- Back to Square One (Fast Company)

It seems like Square is one of those companies that’s learning how to spend money really well.

Does it matter if you’re one of the largest peer-to-peer players in the world if you’re losing money on every transaction?

That’s not business.