Author: thecodefactory

Students and Start-ups

Students want meaningful and relevant employment. Start-ups want energetic and enthusiastic employees. Sign up for SNS-12 is here: www.sns-12.eventbrite.com This is the premise of Students and Start-ups. We have had 11 previous events with 24 confirmed hires many of which are on our YouTube Channel (TheCodeFactory). There are 6 start-ups signed up for SNS-12: Blindside Networks, Brierwood Design, Magnetic Bear Studio, Norada, Nuvoshift and tindr. A great mix of web and mobile start-ups something for Computer Scientists and Software engineers looking for that early stage excitement. These are what a like to call one room start-ups or those cute...

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End of the road

Caution … this is a really long post and will be probably be the last one on “The Road Less Traveled” blog. What I have always liked and been very proud of is that TheCodeFactory is an original idea … when we launched in May of 2008 TheCodeFactory was covered in the San Francisco Industry Standard (Thank you Francis Moran and inMedia). The long term goal of the incubator has always been to derisk start-ups during the first two years of darkness and increase their probability of success. In theory if you can incubate a start-up by improving their...

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Why BIG is little and little BIG

This concept is likely tightly correlated to the Pareto principle. Basically 20% of your effort accounts for 80% of the result. Consider learning how to use a new software application. Usually acquiring that minimum level of knowledge (20% of the functionality) that provides access to 80% of the capability you need. Afterwards you learn those other functions as need arises … which usually means digging into the help files and acquiring that more difficult to obtain knowledge. Let’s now apply the Pareto principle to knowledge required to run your business. The BIG stuff that covers 80% of what you...

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Revisiting the Hockey Analogy

Long before starting TheCodeFactory I had blogged extensively about the challenges and opportunities facing the Ottawa Tech community. Topics covered everything from funding to entrepreneurial support systems.  One of my favourite posts and IMHO one worth revisiting is called; The Entrepreneurial Hockey Analogy written on April 3rd, 2007 (roughly the same time as TheCodeFactory aha moment). Considering the post was written 4 years ago many of the concepts and principles are still valid. Looking back at the post with the accumulation of knowledge having worked in close proximately with start-ups for four years it is time for an update....

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First Graduate

TheCodeFactory is excited to announce we have our first graduate. Ian Capstick and MediaStyle have grown from a single desk on the 2nd floor to a full office and studio on the 4th floor with plans to continue growing. We wish Ian, Travis, Sara, David and all the rest of the team much success as they leave the warm confines of our incubator and venture into a bigger space. Best wishes and much success moving forward. That said we have two new offices coming available in January. The former MediaStyle offices are pretty funky space with lots of natural...

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Economic Winter is coming…

How to prepare? As winter comes there are two groups of start-ups or as I like to call it “Ants and Grasshoppers” (This references Aesop’s Fables “The Ant and The Grasshopper”). An ant is a start-up that is working hard on a business model that delivers real revenue. A grasshopper is a start-up looking to build something cool perhaps community with monetization somewhere in the future. Cool ideas can turn into something valuable, just look at Twitter? My advice – Be the ant. http://en.wikipedia.org/wiki/The_Ant_and_the_Grasshopper In economic winter cash is where the calories are. Sooo number one thing is to...

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Collaboration saying and doing…

…there is a difference. Collaboration is perhaps one of the most difficult words in the English language. The word is easy to pronounce or say, however, incredibly difficult to live by. Many people like to say collaboration but very few actually REALLY understand what the word means and live by the spirit and intent. True collaboration involves IMHO first and identifying the stakeholders, working to align interests and then collaboratively engaging stakeholders to create shared value. This approach is truly collaborative and benefits the entire ecosystem. Sounds simple but is actually very difficult because few make the effort. The...

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