OEN Blog : April 2008

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The Widget economy?

Posted by Administrator Apr 30, 2008

Social Networking is aggregating a lot of eyeballs and Inventors of widgets are seeking to get their share of the $1.4 billion in ad revenue. * Read this article from Businessweek - A Widgets Worth, by Catherine Holahan. *According to an eMarketer report - see chart below. Graph about spending

 

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I am posting this question because I want to know what the prevailing wisdom is on the topic of who one should let in a group they set up on Linked In? Should LinkedIn groups have constraints, be invitation only, etc.? Should everyone who wants to join be allowed? If it is open to everyone does it dilute effectiveness for the members? If you are selective what are the risks of limiting potential connections comment and tell me your opinion.

 

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Believe it or not, there is still time to sign up for the Leadership and Human Capital Module of the OEN Exec Series. Spots are going fast, so don't wait to sign up! One of the nice features of this module is the ability to sign up for individual classes within the Exec Series - something new to the OEN. Interested in learning more about the class topics or instructors? Then visit the OEN Exec Series pages for more information. So what are you waiting for? Sign up today!

 

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Then you missed a great panel discussion on the topic of Startup Risk, hosted by Gerry Langeler of OVP Partners. But don't fret - you can listen to this great discussion via the SplashCast player on the OEN website. Visit the OEN Resources page and, once the player loads, click on the episode "OEN PubTalk - Starup Risk Panel Discussion". Turn your speakers up and enjoy!

 

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Recently Vicki Ballou of Tonkon Torp LLP presented a workshop on safeguarding your IP. Here were some the links she provided for doing trademark searches, establishing copyright and for doing patent searches and applying. United States Patent and Trademark Office (USPTO) website: http://www.uspto.gov  United States Patent and Trademark Office trademark search United States Patent and Trademark Office patent search  Copyright Office website: http://www.copyright.gov 

 

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More and more Portland is getting props for being a friendly place for entrepreneurs to set up shop. Recently in the 2008 edition of Business Images of the Portland Region, the official economic development magazine of the Portland Business Alliance, the Oregon Entrepreneurs Network  and the Oregon Innovation Council  were hailed as stewards of helping Oregon support innovation across all industries. Read the entire story High Tech Firms, Entrepreneurs Find Success.

 

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According to an article written by Mike Rogoway in The Oregonian, the stalwart or Oregon's economy is no longer high tech... at least, not in the manufacturing sector of high tech. Sustainability and software sectors show significant promise though and investors are currently active in supporting these opportunities. Read High Tech is no longer Oregon's High Point.

 

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Listening to the media stories about the economic downturn, the subprime mortgage meltdown and the weak dollar and one might consider things to be a bit bleak for business. That all depends from where you are coming from though. Small businesses are demonstrating growth and that has been appealing to investors, looking to do equity funding. Read the story in the New York Times Despite Downturn, Financing Exists for Small Companies.

 

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POSSE, the Portland Open Source Software Entrepreneur group is holding an open meeting on Wednesday at 5 pm at Jax Bar to kick off our speaker series on “The Portland Entrepreneur.” We’ll be hosting Martin Medeiros, a lawyer who specializes in open source and has lots of investment experience and connections to VCs in the area talk about what makes a “Portland Entrepreneur.” This is a group where we focus on the business side of open source, and we’d love to see you there.

 

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Get on the Bus! The CEO Bus Tour is an opportunity to visit two successful Oregon entrepreneurs in their place of business.  Find out more... Register today! Participants will briefly tour the business facility, then spend about an hour and a half with the host entrepreneur, asking questions regarding lessons learned through their entrepreneurial experience. Attendees have benefited from frank discussions about the unique challenges the entrepreneurs faced during the growth phase as well as what challenges lie ahead. After they’ve completed the second visit, the tour ends at a pub for some networking. The first stop is Lumencor (1:15 to 2:30 PM) to meet Steve Jaffe, CEO. This Angel Oregon alum can share their experience and how they managed to land investment from the Oregon Angel fund. The second stop will be Jibe Consulting (3 to 4:15 PM). There, participants will meet Shane, Moncrieff, CEO who will share Jibe’s story of how they grew from two employees to 70 in two years.

 

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On Friday, April 11th, the University of Oregon's Lundquist College of Business made a unique decision in the 17 year history of the New Venture Championship. The judges of the competition combined the prize money of first and second place and then co-awarded the first prize. Read more about the competition and its victors. Co-winners Klymit from Bringham Young University and TakeShape from the University of Oregon were both delighted by the unique decision citing that it was more money than either had expected to take home. Other links of interest: Read the press release about Klymit

 

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OEN member/volunteer and past director of membership and programs, Jim McCreight recently went on tour to present the benefits OEN and an organized entrepreneurial community can create for economic development. Read the Baker City Herald's coverage of the OEN Plug in! to Business event.

 

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Check out Marshall Kirkpatrick's article posted on ReadWriteWeb, Seven Tips for Making the Most of Your RSS Reader. This is an excellent list of tips to help you maximize the usefulness of RSS readers and gives some suggestions of handy tools.

 

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When: Apr 16, 2008 10:00 am Register for this event This Webinar will review the key elements that make up an effective, executable marketing plan. We will discuss methods for opportunity analysis, market and customer segmentations, product/service analysis, competitive analysis, distribution models, as well as marketing and financial objectives and the business development strategies required to meet them. Participants in the Webinar will learn practical, real-world approaches to developing a plan that supports funding requests and lays the foundation for taking a product to market. About the instructor: Linda Brackett Linda Brackett is the founder and president of Connor Bates, a hands-on business consulting firm that collaborates with management to assess market opportunities, set a clear strategic direction, and bridge strategy with execution. Linda has more than 20 years of experience in planning, managing, and carrying out the full range of market research, strategy, business development, and communications functions required to go to market, expand market presence, and enter new markets with a high rate of success. Prior to establishing her consulting firm in 1987, Linda headed the marketing function at a technology startup with global aspirations. She was responsible for all corporate and product marketing, positioning, sales support, and public relations during a period of 400% growth. Since then, Linda has provided research, consulting, and facilitation services to clients who cite her ability to bring clarity and confidence to chaotic environments along with her blend of strategic and tactical expertise as instrumental to their success. Linda graduated Magna Cum Laude from the University of Michigan, Ann Arbor, and continued her graduate studies at l’Institut de Sciences Politiques, Paris, France. She has served in various roles on the Boards of Oregon Entrepreneurs Network (OEN), Health Information and Management Systems Society (HIMSS), and the Software Association of Oregon (SAO).

 

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Leadership and Human Capital Management

Location: Ernst & Young, 1120 NW Couch Street, 4th Floor, Portland, OR 97209 The Human Capital section of the OEN Executive Series is the third of the three modules in 2008. This four-week course will prepare entrepreneurs to effectively leverage human capital within their own companies.  Attendees will benefit from complete discussions and prepared material covering leadership styles, how to build a board of directors, how to recruit the right employees as well as valuable management strategies to keep them engaged. It recognizes the importance of people in building the success of any business and gives entrepreneurs real solutions about how to recruit a winning team and manage them for success. The dates for the Human Capital module are as follows: May 6, 13, 20, 27. Sign up for this module for $195 ($260 for non-members) Or register a la carte at $65  per class session ($115 for non members). Individual class titles listed below: Session 1: The Entrepreneurs Transitional Roles Session 2: Leadership Styles and Differences Between Men and Women Session 3: Using Emotional Intelligence to Enhance Your Business Session 4: Working with the Various Generations and Determining how to Utilize and Executive Recruiter

 

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Co-founders Katie Wilson-Hamaker and Caroline Cummings have had quite a year with their green business venture, OsoEco. In one year they have been on the stump raising awareness and money including winning the sustainability sector of OEN's Angel Oregon and they are ready to launch their "green social shopping" website this spring. They have been recently highlighted in both the Oregonian and on KMTR News.

 

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According to Fortune Small Business Magazine, Portland ranks 6th in the Nation as a city that is good for both launching a company and offering a hiqh quality of life. According to the report, the city (Portland) boasts a thriving entrepreneurial and venture capitalist community, with 2,571 start-ups (almost 5 per 1,000 local residents) registered in 2007. Also Oregon can boast three other cities on the top 100 list: Corvallis (48); Bend (87); and Eugene (96). See the entire report.

 

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