Select Page

Author: thecodefactory

Graduate Series – Insight Design Labs

This is the 3rd post in our graduate series. Links to Post 1 and Post 2. Skip to Video The second company we’re excited to highlight as part of our Graduate Series is Insight Design Labs. Insight Design Labs specialized in IP development for the high-frequency trading market, high offers design services and soft-error performance analysis. In a business where speed is key, having even the smallest edge over a competitor is absolutely crucial. Working at first with a wide selection of customers the team transitioned to doing most of their work with a single customer. This led to...

Read More

To Cofound or not to Cofound…

.. that is the question. Whether it is better go fast and go solo, or go far and go together. “If you want to go fast go alone, if you want to go far go together.” African Proverb. A significant consideration starting out is whether to go fast and go alone or go far and go together. This is one decision that is best made after some serious reflection and soul searching by all the prospective co-founders. Going Together – Risks and Rewards The big risk in going together is that at least 50% (if not a higher percentage)...

Read More

Graduate Series – Blindside Networks

This is the 2nd post in our graduate series. Post 1 is here. Skip to the video. The first graduate success story we’re proud to highlight is Blindside Networks. We’re huge fans of the work they’re doing and have been extraordinarily privileged to watch them grow for the past eight years. For those of you not familiar with Blindside Networks, the company was co-founded by Fred Dixon, CEO and Richard Alam, CTO, around the open-source project “Big Blue Button”. At the time they were introduced Richard Alam was a master’s student in the Carleton University TIM (Technology Innovation Management)...

Read More

Team Building – Introduction

The three layers of the startup hierarchy of problems are: Customers, Time and Team. The 3 Big Challenges starting out and turning a new idea into a going concern based are arguably Customers, Time and Team. You can think of these challenges as a layer cake or problems where you need to solve each one before moving to the layer above and getting to high growth mode. Starting out getting customers is a key challenge – no customers, no money, no business. The problems become more difficult as you move up the hierarchy of startup problems. Solving the time...

Read More

Success Stories and Graduation

How We Define Success There are many definitions of success, but we thought this saying strikes very true for start-up companies: “Survival is no measure of success, but it’s better than the alternative.” So that then begs the question, what is success for a start-up? We like to think that it’s as simple as one thing: sustainable growth. Typically, that means adding team members, growing revenue and being cash flow positive. There’s a great post on being cash flow positive by Joel Gascoigne over at Buffer that I recommend checking out. There are a lot of start-ups bootstrapping their...

Read More

Drupal 8 Training: September 12 – 16

Are you thinking of using Drupal for your next web development project? Evolving Web is excited to be offering a full week of Drupal 8 training at TheCodeFactory in downtown Ottawa the week of September 12th. Get up to speed on best practices for Drupal 8 site building, theming, and module development. With a small class size, you’ll get the one-on-one guidance you need to get your project started on the right foot.This class is very hands-on. You’ll come away with experience creating and customizing a Drupal site and the tools to expand your Drupal knowledge. You can register for...

Read More

The Lemonade Stand

What’s Wrong With Making Money? It’s a simple question, really. Is there something inherently wrong with making money? The answer is most definitively no. Unfortunately, making money is often confused with greed and the two are quite distinct from one another. The real truth behind making money is that you consider a good or service to be worth something in exchange. If something is valuable to you, you pay for it. Life Lessons With that in mind, teaching children business fundamentals should be something celebrated in Canada. Hard work and business knowhow are extraordinarily important skills to possess. So...

Read More

What you need to know about the 2016 Startup Canada Awards

Recognize Outstanding Achievements in Canadian Entrepreneurship! ​Startup Canada is now accepting nominations for the 2016 Startup Canada Awards.  Help us put the national spotlight on the individuals and organizations that are driving impact! If you or someone you know is making Canada a better place to start and grow a business, whether it be through their support and promotion of entrepreneurship, or through their leadership as game-changing entrepreneurs, nominate them for the Startup Canada Awards! Past recipients of the Startup Canada Awards include the Hon. Paul Martin, founder of the Capital for Aboriginal Prosperity and Entrepreneurship (CAPE) Fund, menswear...

Read More

Archives