LetsBuyIt Blog

It is very difficult to avoid news about the financial crisis nowadays and it gets “frustrating” to read the whole banking and finance sector is collapsing. However when it starts hitting home at the foundation of the internet entrepreneur scene, as mentioned by Om Malik, all the start-ups need to listen up.

As Handelsblatt pointed out, the funding of most projects is in jeopardy because the investors and business angels are losing money elsewhere and need to concentrate on reducing the damage. Qitera had to find this out the hard way now after having already shifted to the Silicon Valley to be closer to the investor, stated Handelsblatt.com. That implies that either they stop funding new projects and/or the investor needs to focus on the projects in the portfolio and start cutting costs. The difference to the many industry sectors is that internet start-ups always take significant time to gain a critical mass and break-even because the margins are usually in the cent-area and not hard dollars.

Therefore the financing is very important in the initial start-up phase so get what you can now because the tech-bubble is not actually a bubble but sonner or later as exposed to the harsh financial conditions as everybody else. Be ready because reducing staff in an already small team, really hurts!

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Enterprise 2.0 is Web 2.0 technology taken to the corporate world. Just as in the consumer Web, the goals of Enterprise 2.0 technologies are better collaboration, easier information management, and more personalized productivity.

Let’s discover today OpenTeams

Unlike normal wikis, which suffer from user apathy and confusion, OpenTeams is intuitive for non-techies to learn and use. Its simple email-like interface makes it easy to create, organize, and navigate content while transparently tracking changes. This dramatically shrinks the learning curve and ensures adoption while ramping up productivity, payback, and employee engagement.

OpenTeams claims it has “reinvented” the wiki, and sure enough it’s come close with an interface that greets users with a three-pane look and feel reminiscent of Microsoft Outlook.

• The left-hand pane is a list of topics and colleagues to track,
• the middle pane lists documents that fall within individual topics or are created by those colleagues,
• and the right pane shows an individual document.

OpenTeams also makes it easier to track changes to the wiki — something often tough to do without looking at individual page history — by notifying users of any changes made to a page they’ve been tracking. Another smartly added feature: integrating related wiki pages into a hierarchical “briefing” or narrative view of an idea or proposal.

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The old saying is wrong-winners do quit, and quitters do win.

Every new project (or job, or hobby, or company) starts out exciting and fun. Then it gets harder and less fun, until it hits a low point-really hard, and not much fun at all.

And then you find yourself asking if the goal is even worth the hassle. Maybe you’re in a Dip-a temporary setback that will get better if you keep pushing. But maybe it’s really a Cul-de-Sac, which will never get better, no matter how hard you try.

What really sets superstars apart from everyone else is the ability to escape dead ends quickly, while staying focused and motivated when it really counts.

Winners quit fast, quit often, and quit without guilt-until they commit to beating the right Dip for the right reasons. In fact, winners seek out the Dip. They realize that the bigger the barrier, the bigger the reward for getting past it. If you can become number one in your niche, you’ll get more than your fair share of profits, glory, and long-term security.

Losers, on the other hand, fall into two basic traps. Either they fail to stick out the Dip-they get to the moment of truth and then give up-or they never even find the right Dip to conquer.

Whether you’re a graphic designer, a sales rep, an athlete, or an aspiring CEO, this fun little book will help you figure out if you’re in a Dip that’s worthy of your time, effort, and talents. If you are, The Dip will inspire you to hang tough. If not, it will help you find the courage to quit-so you can be number one at something else.

This book will teach you how to ask the right questions.

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StartUp2.0 is a competition of European web 2.0 sites whose objectives are to promote and reward the European startups (either created or willing to do so in the future) that work in the field of 2.0 technologies.

Who can take part in the contest? Any company from a European country having developed a web 2.0 site, either as a startup company or just as a personal project. Individuals and companies can submit as many projects as they wish.

They are now open to web 2.0 submissions. Call for entries will last until May, 5th. The 15 final nominees will then be announced so that they can take part in an event in Madrid on May, 10th.

Stay tuned!

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We’ll be We were at the Open Coffee Paris session tomorrow yesterday morning! See you there

Summary :

• +20 people (most of them were Web entrepreneurs)
• A very good spirit and informal atmosphere
• A great entrepreneurial spirit and a real sensation of a great energy and creation envy
• Lastly, a very pleasant place to wake up smoothly and to talk about our passions with a great cappucino and a piece of panettone cake

I just hope attendees will change all the time in order to diversify contacts and experience sharings.

And you, how did you find it ?

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