Tips for Building your Network

1. Do favors for people. Sit down and help people if you can.

2. if you know 2 good people who can help each other, make the connection, repeat.

3. Start a blog, interview people.

4. join industry organizations or produce your own events. Invite your potential clients and partners to speak.

5. leverage mailing lists and open forums where you can reach lots of people, start conversation.
- advance version: start controversy that will create dialogue – but ONLY do this if you know the end game and can manipulate the conversation. If you do this make sure you understand your playing a game on a fine line and if you take yourself seriously, you will cross it.

6. Do good work. Be an expert in your field so people value your advice.

7. Be an open networker, share ideas and connections. It’s very difficult to monetize every relationship and don’t be scared if you make an introduction that backfires, it happens.

8. Attend events, always be present. Every couple of months take a month and just show up. Being there makes you seem real. People trust what seems real.

9. Meet people outside of your normal sphere. Its good to meet people that would like to go inside your sphere. Your knowledge becomes 10X more valuable to someone who doesn’t even know where to look for it.

10. Be transparent – the most important thing of all. If people think you are gaming them, then you are toast, though if they can see through you, they will want to work with you.

How I built my network

So I admit, I know a lot of people. In fact, a lot more people know me and I know them…somehow over the last few years, I became, as described by one of my friends, a ‘super-connector’. I love trafficking in ideas and meshing together all the pieces of a good idea. In a few short minutes, I can usually find the right person to vet through an idea or recruit new team members. This wasn’t always the case. In fact, during the first 6 or 7 years of my career, I had made very few strong connections and relationships. Now, on paper it didn’t appear to be the case, I had received a lot of press when I was very young and a lot of people knew of me or my company but I didn’t really have many strong relationships of my own.

If I was to surmise a reason, I would say it was because I a decade or two younger than most people I interacted with and lacked both the emotional intelligence and life experience to really connect with people properly.

Alas, I had decided to get back into the NYC internet industry, after taking time off to run an outsourcing company and finishing school. During those years, I lived in my apartment, traveled for business now and then but didn’t go out of my shell, I was basically on the phone and IM doing business development and managing people in India. I had lost touch with my roots.

So I’m back in NYC and I need to develop my network. I wasn’t quite sure what I would do but here is what I did.

1. I started a thread on the social network, asmallworld for people interested in seed capital and hosted a meeting, 40 people showed up and I began to develop my networking group which led into many other areas.

2. I reached out through the Binghamton Alumni network and connected with one person also in the online media industry. He put me in touch with one of his friends, a recruiter who put me in touch with more people.

3. I attended a meetup, but I also started doing posts on their forum, got to the tech meetup early and hang around and stayed after and ended up at dinner with Scott and a bunch of cool people from the community. At the next meetup, I presented as well.

4. I met someone who was new to nyc and looking to meet new people. I dug through my network and made 10 introductions for him to key people. (just about everyone I knew). He actually got mad at me for making quick and short introductions and I never really talked to him since. But from that experience, I realized a way to leverage my network. What I did was I introduced all of the top people I knew to each other, even without a specific reason but I cross pollinated my network and so everyone thought I knew the other one very well and that I knew a lot of people. Then as I kept meeting new people, I kept fueling the fire and making introductions. In a short period of time, I had built a fairly large network and everyone was interlinked so I became a topic of conversation and a connector. In order to do this, you need just a few contacts, not even strong relationships so if you know 2 or 3 people that could be good to talk to each other, several steps over your head, even if you barely know them, by connecting them to each other, it looks like you know a lot of powerful people really well. Eventually, if you do it correctly, it becomes true.

5. I joined industry trade groups and volunteered to be on the event planning board. By doing this you get to help set the agenda for the industry and when the event happens, you can take credit for it (deservingly) but everyone thinks you know everyone and that you’re the man for producing a good event.

6. I was also recruiting for C-level positions for whatever company I was working on and interviewing great people. Even if the opening is contingent on raising money, just in idea stage or anything else, its important to always be recruiting but when you recruit talk to people, don’t sell and you can meet some really great people who are open minded and looking for something new so even if the job doesn’t open up, you can meet great people in the process in a really easy way.

So those 6 steps got me to the first stage, then 18 months ago, I told a friend of mine that I wanted to be more well known so I engaged in a few publicity stunts. None of them took a great deal of time but were much fun and I made sure enough people who were big talkers knew of them.

What were they?

1. I leveraged the NY tech meetup list to its fullest (it was around 5,000 people at the time) by creating 2 drams.

2. first, I decided to run for the peoples’ choice most influential people in Silicon Alley list and decided that I wanted to place at the top. I figured that if I placed high enough, I could say I came in X in my signature and whenever I emailed with new people, they would say ‘wow, that’s interesting’. So what did I do? I marketed myself. I had lists of people from my events and I hit up a few key forums where I knew people and emailed 20 friends to spread the word. After all it was a peoples’ choice contest so it was all about self-promotion.

So one of the girls on the list saw one of my promotional posts and wrote to the list ‘exposing’ me for promoting my nomination. I couldn’t have asked for anything better. I used it was a way to engage the entire list in active discussion, intentionally maxed out the thread count with dozen of messages so my email address was showing up in everyone’s email box and offered to withdraw my nomination and publicly apologized. Why?

The best way to take the punch out of an argument is simply offer to resign. It takes people back 180 degrees to see what they really wanted to get out of their argument. Smart people see the tactic and back down, not so smart people actually accept it (and if you do it right, you should only do it in a case where you are integral or you know people will back you up and yell on your behalf) – but doing it in a public forum, guarantees everyone’s engaged. Of course, this was a peoples’ choice contest and the whole point was self promotion and I knew I had friends that would stand up for me and that’s what happened. And I thought it was hilarious… and as it turns out the girl who ‘called me out’ has become a close friend.

The second stunt involved Microsoft…. So I have an XBOX 360 and I barely ever played it but my then girlfriend bought me a game for a present and I put it in the machine and the machine scratched it up after 1 use. Really annoying. I called MSFT and they replaced the console but refused to replace the game. So I was pissed and called up and tried to get someone who can replace my game on the phone. They all said to contact the game maker not them – yet it was MSFT’s device that killed the game. The game maker wouldn’t replace it so I was stuck. And not a single person at MSFT had the authority to do the right thing. So what did I do?

I wrote an open letter to bill gates calling for Steve Ballmer’s firing because he doesn’t give a crap about their customers. I sent the letter publicly to the tech list and posted it on a rumor site, knowing it would make some waves. This sparked a line of discussion on the list, again maxing out the thread count. (my goal was a) have fun with MSFT and b) get my game replaced since my GF spent $60 on it).

Note: most public companies have a fax line to the audit committee of their board so that people can report corporate malfeasance. This line usually goes to a direct of the company or an immediate emissary because it is meant for the most sensitive of information. So what did I do? I faxed my open letter to the audit committee.

Now, all my letter said was detail my experience attempting to get MSFT to own up to the fact that their machines killed my game and their refusal to replace it – and calling them out on a lack of customer service. Not crazy, I just had written the letter in a very specific way to garner a very specific response out of any readers.

So I get a call from someone in MSFT from their ‘special cases’ group, a group that didn’t exist to me a week earlier. In fact I asked the guy who called why the customer service people lied to me about his existence and he couldn’t answer me. I then said that it was too late for a lame apology from someone who supposedly didn’t exist, I wanted a personal apology from Steve Ballmer for his lack of caring about his customers. I thought it was reasonable. Someone’s company fucks up, so the CEO takes responsibility for it. That was not to be the case. So I then went back and forth with him for a while and reported these goings on through my channels. In the end, nothing happened. It was good fun though.

So while this was going on, a friend of mine asked me why I was making myself stand out so much and I said ‘well, I want to make sure people remember me, in 6 months, they will remember me but forget the circumstance of all this’. And that’s pretty much what happened. I gave up the antics (which was great entertainment) and went under the radar again.

Along the way, I continued to produce events and when you produce events that people like, they talk about them and bring friends. So I continued to leverage my events into ever larger events culminating in producing the bootstrappersummit and launching 2 conferences directly for Alan Meckler, the CEO of Jupiter Media and now I know almost all the key people in the digital advertising, tech and venture conference industries.

When you produce a conference or an event, you have an amazing power at your fingertips, the ability to invite people to speak or blog – or feed their ego. Nothing is more powerful than feeding someone’s ego and when you have 40 speaking spots to give away, you can connect with 150 people for those spots and everyone one of them will look up to you. It’s also an amazing way to cut right to the top of any organization. It works 8/10 times and is so easy to do.

Also by running Bootstrapper.com, I occasionally interview people I would like to meet as well as invite people to write guest blogs. Another way to do people a favor and give them a forum. Everyone loves to speak, talk, write etc…

I also have a policy that I will meet and buy anyone a cup of coffee that asks to meet with me and try to help them if I can. I give away a lot of free ideas and advice and make a lot of introductions for people. My general policy is if people are doing anything outside of online advertising / direct marketing, I will help them gratis and just connect the dots though if they are in my industry, I would expect some type of compensation for it (if it’s in my industry, I’m not going to give away the farm to someone who can eventually be a competitor for free though I’m happy to in any other sphere) and so I’ve helped probably 100 people in the last 2 years and have more thank you emails than I can count. Several companies have been built because of ideas I’ve given, partners I’ve connected, deals I’ve struck and investors I’ve connected and it’s a really good feeling to know you helped people get going.

The end result of everything is that I know a ton of people and I know how they all interact and by connecting people to each other my network has grown exponentially to the point where in my industry, I pretty much have access to anyone I need access to usually in a matter of minutes. Most of the top startups in the ad space, I tend to see before anyone else (because I usually know the founders) and have made a meaningful impact on a number of them, connecting people with executives, investors, speaking gigs and general industry penetration strategy.

NYC Entrepreneur Week is coming up!

Hey everyone,

Check out NYC Entrepreneur Week. I’m proud to be part of the team producing it. It is the first ever NYC Entrepreneur Week, an entire week dedicated to to building companies in NYC. I encourage everyone to attend an event, almost all of them are free!

Richie

Bootstrapper Summit II is Wednesday

Hey everyone,

Just an FYI BootstrapperSummit II is Wednesday. Check out the agenda and guess what? The City of New York is sponsoring it :)

Girls in Tech

Technology is now mainstream and pervasive throughout society. No
longer is the techie just the geek with the pocket protector but it
can be anyone. As such we’re seeing a surge in females in the
technology industry and female entrepreneurs. Organizations such as
Girls in Tech, ASTIA and Golden Seeds are making great strides to
create equality & access to the right networks of people to help
advance careers. I applaud Girls in Tech and think its a much needed
organization and at the perfect time.

The newly relaunched chapter of New York City chapter of Girls in Tech
(GITnyc) is holding a co-ed “Relaunch Launch Party” on Tuesday, March
31st at 6:30pm, held at the M1-5 Lounge (52 Walker St.) See m1-5.com.

Raffle prizes - a KaraB laptop bag from eBags, $100 in driving
credit from Mint Cars on Demand, and a 50/50 cash prize from raffle
ticket sales! (Everyone is entered once for free with their event
admission with more entries available for sale.)
Goodie bags - The first 200 guests to arrive will receive goodie
bags stuffed with treats from our sponsors.
Special guest Juliette Powell - A media entrepreneur, a
community catalyst and author of 33 Million People in the Room: How to
create, influence and Run a Successful Business with Social Networking
will join us for a guest appearance and book signing.
Complimentary hors d’oeuvres
Drink specials: $3 Bud. L., Bud. & Miller L.; $5 Well drinks until 9pm
And of course some of the best professional and entrepreneurial
networking in NYC!

When: Tuesday, March 31, 6:30pm
Where: M1-5 Lounge,
52 Walker St. b/w Broadway and Church
Cost: $10 advance, $15 at the door
RSVP: Google “Relaunch launch party Eventbright” or “Girls in Tech nyc Meetup”.

GIT website: girlsintech.net
GITnyc are also on Twitter and FaceBook. GIT event photos are on Flickr.

VC’s on Skis

Hey everyone,

I wanted to give a public thank you to Ed, Gary, Imtiaz, Charles and the gang at Reitler Brown for a great weekend. Reitler Brown puts together an annual Ski Trip for a select group of entrepreneurs and investors up at Killington, VT. It was great company, great food and great skiing and a lot of fun. I look forward to the next one and if you got an invite and didn’t attend, I suggest making it a priority next year!

Richie

CTIA Event!

A friend of mine Lubna is doing an awesome event at CTIA, see below…

CTIA is around the corner and we invite you to join us at our MobileMonday-NY @ CTIA scheduled to take place next Wednesday April 1st from 3:00PM – 5:00 PM at the Las Vegas Convention Center on the MEX Stage South Hall. The session is open to all attendees- so bring your colleagues and join us for two very special panels with mobile industry luminaries, who will discuss the impact of mobile technologies in today’s evolving marketplace.

Then come network and party with us and the MEF on Thursday April 2nd for the after party at Las Vegas’ hottest nightclub Christian Audigier @ Treasure Island Starting at 10:00AM until 4:00. We have arranged free admission for anyone with a CTIA badge or who mentions MobileMonday NY. Come early as the first 100 drinks are on us.

Here are the session details…

Roundtable 1 – Vertical Adoption and Applications for Mobile

New business models are driving mobile adoption in such industry sectors as telecommunications, transportation, healthcare, consumer electronics, e-commerce and – more recently – environmental activities. Embedded mobile devices promise to further broaden the reach of the Internet. If you’re in mobile – or investigating mobile for vertical applications – don’t miss this panel.

Speakers:

Tim Haysom, CMO, OMTP
Murray Slovick, Director, Hearst Business Media
E.Y. Snowden, CEO, Tatara Systems
Stephen Wellman, Director of Community and Content, Ziff Davis Enterprise

Roundtable 2 – Meeting the Demand for Mobile Entertainment

The growing demand for mobile content, especially video, along with the exponential growth in social media, location services and mobile payments is confirming the economic viability and vitality of mobile marketing and entertainment. This panel will explore the enabling technologies, industry initiatives, and business models that are shaping and sustaining this new landscape.

Speakers:

Andrew Bud, Executive Chairman, mBlox
Tom Ellsworth, CEO, GoTV Networks
Andy Nulman, President, Airborne Entertainment
Mike Wehrs, President, Mobile Marketing Association

Lubna Dajani, Event Chair & Founder Mobile Monday NY & Founder Stratemerge Inc.

Special Thanks to DotMobi for sponsoring this session and the after party on April 2nd at Christian Audigier nightclub @ Treasure Island on April 2nd starting at 10:00pm until 4:00AM all are invited.

Also Many thanks to the MEF for Co-hosting our April 2nd, Mobile Mashup after party @ Christian Audigier..

Bootstrapper Summit II Is April 1!

Hey everyone, a reminder to check out the Bootstrapper Summit, our very own Venture conference featuring the top investors in the country. Check it out and register today!

Richie

Facebook for Professionals

Facebook is either not playing smart, or not playing nice.  Possibly both.

I teach folks:

  • that if used strategically, social networks are valuable tools to enhance offline networking;
  • that genuine sharing of yourself online can expand and enhance your network;
  • that a strong network is, of itself, valuable;
  • that users of social networks should be aware of privacy issues and adjust privacy settings to meet their needs.

I teach folks how to adjust their Facebook privacy settings.  But now Facebook has sincerely complicated the issue.

Facebook Terms of Service Faux Pas

Facebook ToS ReplyFacebook revised their Terms of Service on February 4, 2009.  The new Terms of Service give Facebook the right to users’ content even if the content has been deleted from the site. Multiple replies came out of Facebook attempting to assuage concerns that Facebook would sell or use content without the user’s permission.  The Terms of Service clearly state Facebook has the right to do whatever they want with users’ content. It appears to me that we are left trusting Facebook to do the right thing even when the Terms of Service gives them the right to do the wrong thing.

My quandary is in deciding A) Whether I trust Facebook and B) Deciding how to advise professionals regarding use of Facebook.

Why Use Facebook At All?

I simply do not have enough time to go to coffee/have lunch/have phone chats with everyone I want to keep up with or get to know.  For me, Facebook is a means to further developing relationships and keep up with friends/colleagues across the world.  And, the honest truth is, I like using Facebook.  Plus, I have no difficulty not Friending someone.  My Friends on Facebook are folks I would happily have coffee with, some of whom I count as real life friends and some of whom I define as colleagues.

Facebook My Name IsI readily agree that using Facebook professionally is not for everyone.  But, for those of us in need of a strong network, Facebook is a valuable tool.  I have yet to find an alternate social network used by so many of the folks with whom I want to keep in touch or get to know.

Whether you are using online tools or offline tools, to successful build a strong network one must genuinely be interested in others and genuinely share of themselves.  I very much believe life is about stories so sharing my stories and hearing others’ stories is great fun for me.  Share of myself?  Oh, no, that means mixing some of my personal life into my professional life.  Why is that important?  Because we, as consumers and business partners prefer to do business with people we trust.  Who do we trust?  Folks with whom we feel a connection.

If You Do Choose to Use Facebook Professionally

Using Facebook professionally, or using it at all, is a personal choice.  For those who choose to utilize Facebook, I recommend understanding the privacy issues associated with using Facebook.

  • Decide if you are ok with Facebook’s not-so-well thought out Terms of Service. Check out the most balanced write up I have seen on this issue.
  • Think of your Facebook persona as your professional persona.  The items I post to Facebook are the same things I would say if I were talking to a new colleague in a coffee shop. Do I care who knows that I adopted a dog from the shelter? Do I think its a big deal that folks know I have kids and they do funny stuff?  No.  And no.  Would I tell a new colleague about a personal challenge one of my kids is going through?  Absolutely not.  I have thought through what I will share and what I do not share.  I drew the lines.  What is important is that I was the one to drawing the lines.
  • Adjust your privacy settings.  In the top right near the search box is “Settings”.  If you hover over Settings, you see Account Settings, Privacy Settings and Application Settings.  Privacy Settings control what others see.  Spend time going through each section with Privacy Settings.  For most folks using Facebook professionally, the most important setting to adjust is the Photos Tagged of You under Profile.  If you think there is a chance someone will tag a photo of you that you would not want to have posted to all your Friends’ News Feeds, click Customize, and then Only Me.Facebook Photos Tagged of You
  • If you choose to switch from only using Facebook in your personal world to also using it in your professional world (ie, your boss or a client asks to Friend you and you feel compelled to say yes), be sure to inform Friends that you have made the switch to including Colleagues.  Even if you choose to not have folks see photos tagged of you, it does not mean those photos are not still posted.  You can not remove photos posted by a Friend.  You can remove the tag of you but that is often insufficient.  Best way to avoid a not so flattering photo from being posted to Facebook is to ask your Friends to consider who might see such photos before they post the happy media.
  • The flip side of the Privacy Settings is Options for News Feed which allows you to set what kinds of items you see in your News Feed and from whom.  You want to stay Friends with somoeone but you’d rather not see their posts (for whatever your reason)?  Adjust your News Feed.
  • Understand what you are handing over when you sign up for third party application within Facebook.  Applications that scrape your profile for info tell you they are going to do so when you install the app.  This info includes your email address.  Think they have any qualms with selling your info?

At the moment, I am leaning towards continuing my use of Facebook, with the recognition that content I post could be used by Facebook, and thus making careful choices regarding what I post.  Some folks may decide dealing with the content control and privacy issues is too daunting.  Others may decide its worth it.  What decision have you made?  Or are you still making it?

As I walked into the valley…

Hey everyone, just wanted to give a shout out to everyone that I’m in San Jose for the next few days, open to meeting new people and encourage everyone to check out The User Generated Content Conference that I’m helping with…

My Networking Success Story

CMW workshopI was recently asked why I started Shiny Door.  My response:

I was in a tough spot.  The startup I had been with did not make it.  I looked around for a position but I could not find a good fit.  I really wanted a job that I would love and that would make a difference in the world.  Through networking, the idea of teach a social networking class came about.  As I thought more about it and talked to others about it, I realized I could turn that idea into a business plan.

I love people.  I love figuring out web applications.  I understand the struggles of small/medium businesses and nonprofits.  I have found value from networking in general and online social networking in particular.  The pieces all seemed to fit together.

I love to talk social media but I recognize my specialty is relationship building.  I teach folks the importance of integrating online and offline networking.

I never could have launched Shiny Door without my network.  My network not only helped me find my initial clients but also helped me with my website, my logo, my curriculum, my business model, etc.  Thanks to my network (and a lot of hard work), I was able to launch Shiny Door within three weeks of inception and become profitable within eight weeks of inception.

As the only person developing Shiny Door, I very much needed (and do still need) feedback from my friends and colleagues.  My network provides the guidance and support that all startups require.

I have more receipts from coffee shops than any other place.  I don’t even drink coffee! The sustainability of Shiny Door is reliant upon me having a strong network.  To have a strong network, I must meet with online colleagues offline and interact with as many contacts as possible online.  I believe in quality over quantity.  Colleagues who know me and trust me are more likely to recommend me and/or provide guidance to me.

Shiny Door is the best social networking success story I could possible tell folks.  Because its my story.  What’s your story?

Bootstrapping Help From My Network

Creating a business without funding means asking friends to help, learning how to do tasks that should really be outsourced and sleeping on friends’ couches.  How have I managed to launch a company within 3 weeks?  The obvious, working my rear off, but also, relying upon my network.  Colleagues who have turned into friends.  And friends who want to see me succeed.  Folks who know I would do the same for them. A good deal of the help I received came by way of instant messenger, sending files back and forth and Facebook communications.

Within a 2 week time period, I:shiny door logo

  • Got that amazing logo you see to the right by asking one friend to create the shiny door graphic and another friend to create the name logo.  The shiny door was created by Rick Groves and the name logo was created by Danno Vivarelli.  Both tremendously skilled graphic artists.
  • Yesterday I relied upon a friend at the Chicago Technology Cooperative to talk me through installing a new Drupal theme at angelasiefer.com.  It was a bit painful for both of us.  But the site looks great and I now have new skills!
  • I’ll be wearing out my welcome in two different places next week.   I will be in Chicago and DC for my first two workshops.  Couch surfing.  When a friend lets you stay at their place for multiple days you know you are a lucky gal.
  • I am a firm believer that written material should have a 2nd pair of eyes.  Most of the text on my site has been reviewed and edited by friends.  I have 5 folks I shamelessly ask to review my text.  I need 5 because at any point in time I’m happy if I find one of them available.
  • How did I set up 3 workshops for December and am on my way to 2 for January?  Friends.  Friends who agreed to help me find space and promote the workshops.  The Chicago workshop is being held at the Community Media Workshop, preceded by a presentiation the previous day at Net Tuesday Chicago.  The DC workshopis being held at the New America Foundation.  The Columbus workshop is being held at the Ohio Small Business Development Center at Columbus State.  All three of them are being/have been promoted by other friends.  The Chicago class filled up within 2 hours of being posted!

I would not be as far along in setting up Shiny Door as I am today without my network, an international network I have built over the years.  A network with relationships that would not be as strong as they are if it were not for my use of social networks and other online tools.

My Public Apology to Charlie & The Community

So I would like to publicly apologize to Charlie for leaving him out in my latest blog post. I will take responsibility for it and say to all of those reading this, that yes, I am idiot for forgetting about him. He has been engaged in the community longer than I have and I would like to publicly commend his efforts.

Additionally, some people ma have taken some of my criticisms of the community in the wrong spirit. I did not mean that there is no investor involvement or no community. Quite the contrary, we have a lot of engaged people and organizations. My point though is that there is no central resource to the community and while we have events sponsored by a number of investors, the relationship between most entrepreneurs and investors feels contentious because there isn’t an easy access point. Yes, Fred Wilson takes the podium and writes a great blog, DFJ has its challenge with Columbia, Owen is hustling like a mad man to seed companies, Jim at RRE offers to sponsor anything in town and David Rose, well is David Rose. That doesn’t mean there is a cohesive mechanism connecting the dots or clear path to conversation.

There is no “Stanford” here where if you have an idea you can easily get connected to potential partners and investors. Everything is a hustle here. Is there a way to change that? I don’t know but I think with a few small tweaks we can bring people one step closer together and that’s all I’m trying to suggest.

While I’ve only been engaged in the community for 2 years, I’ve been in and around it since 2000 (almost 9 years - where did the time go?), I know most of the people in town that host events, have large email lists and blog and a lot of them I have close relationships and friendships with - and I still don’t quite feel I’m part of the community. Actually the first time in a long time, I really felt part of the community was at one of Bret Petersel’s Tech Kareoke’s of all things. That small little event was the first time I really felt something in a long time. Why was that a trigger for me? I have no idea but I’m a rapid connector and promoter and I feel removed - I wonder how everyone else feels?

Richie

R

Tech Community 3.0 - My Thoughts…

So a lot has been said lately about what the next revision of Silicon Alley should look like.

Silicon Alley 1.0: The first Silicon Alley can best be characterized by ritzy parties and Jason Calacanis and Alley Reporter. (Props go out to Alan Brody, Courtney Pulitzer, Alan Meckler, Jonathan Sarno etc…) … the end of Alley 1.0 can best be seen by the demise of NYMNA.

Silicon Alley 2.0: The second generation of Silicon Alley has been a grassroots resurgence and a relative flight of capital which can be summarized through the guise of Scott Heiferman and Tech Meetup. A lot less money going around the community and a lot more grass roots organizations and events.

Silicon Alley 3.0 So now that Tech Meetup is about to change hands and take on potentially a new identity, we need to ask ourselves, what is NYC really missing?

I think we should look at the parallels of the internet industry as a whole as a guide for what our community should look like. I started talking about this a month back at the Web 3.0 Conference that I co-produced for Jupiter Media and what my opinion of the internet is that Web 1.0 was the creation of the tools to push content, Web 2.0 brought community around content and Web 3.0 will be about understanding what we’ve already created - the synthesis of Web 1.0 & Web 2.0.

For our community what does it mean? We already have all the primary resources we need to take our community a step forward.

We have plenty of people. The meetup has 7500 people and I would say there is an additional 7,500 people spread out across all the other groups. The mass firings from the financials will only add to the pool of people willing to jump into a startup.

We have capital. Despite, the markets crash and VC belt tightening, there is capital. Yes, It’s not easy to tap into but there is capital out there. I am part of a new Angel Network that is launching and will be actively engaging with the community to finance the latest slate of great ideas. However, we need the venture community to step up as a whole and make themselves accessible to entrepreneurs and provide feedback. I suggested previously setting up neutral grounds and allowing VC’s to host open office hours with anyone who wants to come in, either to pitch a few at a time or one fund and get some real in your face feedback. This will hopefully help focus entrepreneurs early on.

I would suggest starting another event: What’s your idea? Where we allow people 2 minutes to pitch an idea to a panel for 5 minutes of rapid fire feedback. The goal is to help focus on entrepreneurs before they’ve spent their life savings. The Hatchery’s last event was a great start.

We have community. We have 30 or so organizations that produce community events. We have Garys Guide providing event listings.

We have successful entrepreneurs. We have a lot of entrepreneurs and successful entrepreneurs. We have a number of finance guys that have been around the block as well. Most people don’t need a lot of advice. They really need an hour every few weeks for someone to tell them how full of shit they are and to force them to focus and execute. Advice coming from successful people give advice credibility. Advice on specific topics such as marketing, legal etc… is really another issue.

What are we missing?

1. A funnel so people know where to go for what
2. Access to advice.
3. Openness

What can we fix?

Meetup is the default starting place for most people in the community but it’s unclear where to go from there. My premise is to make the path from Meetup to the rest of the community clear, turning it into a funnel and formal central resource. None of what I list below requires much more additional resources that what is already being spent in the community right now. It’s a matter of organization it.

a. Organization. Create a directory of people and service providers and allow anyone to leave comments and ratings on them. (Perhaps simply referring people to Garys Guide to solve this)

b. Intimacy. Using half of meetup time to encourage people to meet in small groups where everyone can say “What they have to offer” and “what they need” - i have used this format successfully many times and it gets people to open up and try to help each other - to try to make the large meetup a little smaller. Also, bring back announcements and allow people to make 30 second announcements.

c. Access. Encourage the creation of new meetups, integration of existing meetups or partner with NYSIA, SIIA and existing groups so that we have focused OFFICIAL listservs and groups where people can come looking for developers, cofounders, capital, legal advice, marketing advice etc… - in theory there are meetups that so all of this - it needs to be organized into a process so people can come to the site and know to go to this place or that and promote the subgroups at the main one so people who add value can easily join and help people and get engaged.

d. Openness. The community needs to be more open and connected with the rest of nyc and make it easier for entrepreneurs to provide access to capital. VC’s should be more open, provide more feedback and engage the community a lot closer. Perhaps it is partnering with VIANY, NYCVC and the litany of angel groups in the area and making it easier for people to know who to talk to for what. We also need to make in roads with the ad industry and also the corporate community to bring monetization (advertising & enterprise) and exit (corp development) to the table. This could simply be offering promotion and making sure there is an open relationship between various parties so information and connections flow.

e. Community Support. We need to engage the City of New York to get them involved in the community. One small grant can pay for a small staff to oversee turning our ad-hoc community into an organized force creating even more jobs in NYC. It would also be about organizing political lobbying trips to push the agenda forward. We have people doing this already but its’ not necessarily representative of the entire ecosystem.

Angels Falling from the Sky!

So now that the election is over, we can move on to new things. I wanted to share for a minute about something i’m involved with - The Connectors Group . The Connectors Group is a new angel investor group being formed out of the collective network of myself and of a few friends (including our MD who was luckiest enough to have been an angel investor in a little company called GOOGLE.) The Connectors Group also will work with companies that need to tap into the collective network of Connectors for help and business development/advisory. The premise is to help great entrepreneurs succeed even if its something fundable or if it doesn’t need funding. Jeevan, our MD calls it “mentor capital” but overall the goal is to build some more infrastructure behind the community here between the Angel Group and Connectors Advisory and some educational events that are being planned so that over the next few years there are more places to turn to in order to help build companies. Like everything I do, expect to see a lot of alliances being formed around the group so it becomes a giant funnel for NYC - hopefully. It’ll help everyone if it succeeds.