But like lemmings, every company in the market rushed to proclaim they were launching WAP versions of their products. Before you let me have it let me say I am a FanBoy of Apple products.  I I can’t be more of a FanBay of their products.  But Absolute Power Corrupts, Absolutely I

If your last company was Apple, Blackberry, AdMob or JAMDAT and you have some experience in the sector then I know that your product will have your experiences baked into it.  When My first company launched in 1999 and we were offering a SaaS document management in the cloud (we were called ASPs back then).  When I began to hire product managers, sales reps and implementation staff from existing This is the final part of my series on Entrepreneurial DNA that was originally published on  VentureHacks .  OK, OK, it’s not really my final part.

So we would come out with a new community product called Excite Clubs and they would come out with Yahoo Groups, three months later.   Your product is your best marketing tool. Your product is your best marketing tool. Cars.com launched a bunch Early in his career, Craig Donato worked for Excite, a pioneering search engine. When I asked him, "Why do you think Excite didn’t beat Yahoo?"

Who the heck knows how a product will sell before it is even in the market? What ASP will the market accept? We pulled that original number out of a hat 2 years ago before we had even launched out product. What a senseless exercise we have all gotten ourselves into. I am talking about revenue projections for start-ups.

The product is almost there they claimed and the patent was almost approved. The product a video / picture tool was indeed slick, but I had to scratch my head as how to make money from it. the answer was “we are trying to build a community� also, “we can offer the tool as an ASP model to enterprise customers�, “we have a customer that uses the tool on his website� , “we feel that when we develop the next version with mobile capabilities it will really pick up� were some of the answers The entrepreneurs were clearly fatigued when they waked into my office. They