1871 http://www.1871.com Just another WordPress site Mon, 29 Aug 2016 19:52:54 +0000 en-US hourly 1 Event Gallery: IVY Salon Discussion w/ Mindy Mackenzie http://www.1871.com/event-gallery-ivy-salon-discussion-wmindy-mackenzie/ http://www.1871.com/event-gallery-ivy-salon-discussion-wmindy-mackenzie/#respond Tue, 23 Aug 2016 15:33:22 +0000 http://www.1871.com/?p=1019648 Author and corporate speaker Mindy Mackenzie talked vulnerability and fulfillment in the workplace, followed by book signings of The Courage Solution! Hosted by our event partner IVY Connect.

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Photos by 1871/Gregory Rothstein

 

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Don’t Talk Your Idea to Death http://www.1871.com/dont-talk-idea-death/ http://www.1871.com/dont-talk-idea-death/#respond Tue, 23 Aug 2016 00:14:34 +0000 http://www.1871.com/?p=1019667 Some of the best ideas I've ever heard from eager young entrepreneurs never seem to see the light of day. There's plenty of passion at the beginning of these conversations. The energy and enthusiasm are there. But as time passes, their interest in making it happen dissipates, momentum fades, and at that point, for many of these folks, it's on to the next great idea or "story"...

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Some of the best ideas I’ve ever heard from eager young entrepreneurs never seem to see the light of day. There’s plenty of passion at the beginning of these conversations. The energy and enthusiasm are there. But as time passes, their interest in making it happen dissipates, momentum fades, and at that point, for many of these folks, it’s on to the next great idea or “story.” Selling futures is always easier than dealing with realities. It’s also a lot cheaper and demands less work.

And, in fairness, you can only tell the same story to the same people so many times before they stop listening and you run out of breath. Passion is great, but it’s no substitute for an actual plan. Intensity is like using a lot of salt and seasoning on cheap food. It helps to hide a lack of preparation and proficiency, but it won’t change hamburger into haute cuisine.

I thought that I understood everything there was to know about this “building a business” business: the classic, emotional peaks and valleys, the constant stream of higher hurdles and repeated rejections; the internal feelings of simple embarrassment; the anxiety of disappointing friends and loved ones. And the flat-out fear of failure. But you learn something new every day in the world of startups.

One of the things you eventually learn is that spending your days talking up your ideas and what you’re gonna do is a waste of time and breath. It’s a lot like talking back to the radio or TV: it may make you feel a little better, but it doesn’t change a thing. Woulda, shoulda, coulda gets you nowhere. Talking about running with the bulls has nothing to do with getting out there in the street and scrambling for your life and limbs. It’s important to believe in your idea– if you don’t, why should anyone else? But keep in mind that you can’t win a race with your mouth.

It’s really difficult for a lot of outsiders to understand and appreciate how hard it is (and has forever been) to get a new idea funded and off the ground– especially when it’s your first time around the track– and then to keep it up, alive, and moving forward until it becomes a successful, self-sustaining and reasonably respectable business. Building a business is tough, it’s painful and it’s lonely. Nothing starts out as a great idea (whatever you might have heard from those speaking with the benefit of hindsight) and without a lot of grunt work, blocking and tackling, and perseverance; there are no brilliant achievements or overnight successes.

In fact, one of the absolutely best things about being in a massive mega-incubator like 1871 is that you have the support, the mentors and resources, the regular reassurance, and the certain knowledge that there are hundreds of people surrounding you who are struggling through the exact same process and that some of them are at least as clueless about what’s coming next as you. (See 6 Reasons to Stay in the Incubator.)

Everyone also knows that a major downside to the startup life is that there are always plenty of people (sitting safely on the sidelines) who are willing and just waiting patiently for the chance to tell you why your idea won’t work or to offer a knowing “I told you so” after the fact. Tolerating the talking turkeys and the annoying know-it-alls is such a basic part of the journey that it’s almost a given these days and since we’re primed to expect it, it’s fairly easy to develop a thick enough skin to let this stuff just roll right off your back.

But what I never really appreciated is that the backslappers and supporters and cheerleaders — the people who seem to be totally on your side — can be just as damaging and destructive in some ways as the naysayers. If you’re not careful, their compliments can inadvertently encourage you to talk your idea to death. They’re just trying to be helpful and supportive and — as friends and families go in general — they mean well and they’re pretty enthusiastic listeners, but talking to them isn’t going to move the train down the track.

There are a couple of specific reasons to watch out for this type of time and energy sink.

First, they don’t actually know anything. I understand that everyone’s a consumer and a creator today and also an expert on new businesses, but here’s the thing about cheap applause: it’s okay to enjoy it just as long as you don’t quite believe it. Novices add nothing but noise to the critical conversations.

Second, there’s an infinite demand for the unavailable and people will tell you all day long that they’d be happy to buy your product or service “if only”– and here you can you can fill-in-the -blank. If only it came in a different size or color or it ran on Android or the batteries lasted forever. Boosters are miles away from buyers and, especially for a startup, only customers ultimately matter.

Third, these kinds of constant conversations really keep you in the dark. You can’t learn anything of consequence from anyone but a customer. In the long run, hearing the good and bad news right from the horse’s mouth is the only way to go. The upside of hearing the often painful truth is a lot greater than the comfort of remaining blissfully ignorant of the facts.

Bottom line. If you don’t break out of the bubble of babble and blandishments, and get busy in the real world, you can quickly run out of gas and oxygen and talk yourself out of business.

Walt Disney said it best a long, long time ago: “The way to get started is to quit talking and start doing.” If it worked out that well for that scrawny little mouse; just imagine what it can do for you.

To view the original article, visit http://www.inc.com/howard-tullman/dont-talk-your-idea-to-death.html


About the Author

Howard A. Tullman, CEO, 1871

Howard Tullman has over 45 years of start-up, management, IPO and turn-around experience and an extensive operations background in web development, online services, large-scale information assembly and delivery systems, database design and implementation and the development, creation and production of all types and formats of multimedia, computer games and audio/video digital content. He has designed and developed GUI and natural user interfaces, interactive and immersive games and instruction systems and other electronic entertainments, training products and services, as well as other information-based products and services in a variety of fields including automotive, insurance, CRM, employment, real estate, consumer goods and social media.

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1871 and IHCC Launch Joint Incubator Program http://www.1871.com/1871-ihcc-launch-joint-incubator-program/ http://www.1871.com/1871-ihcc-launch-joint-incubator-program/#respond Mon, 22 Aug 2016 19:43:28 +0000 http://www.1871.com/?p=1019567 The incubator, which will launch in early October, will focus on a cohort of approximately 12 Hispanic- and/or Latinx-owned technology companies...

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The incubator will serve cohorts of Hispanic-led tech businesses and offer connections to educational programming, resources, funding and technological opportunity

1871 and the Illinois Hispanic Chamber of Commerce (IHCC) announced Monday the launch of a new incubator focused on fostering opportunities for Hispanic-owned technology companies. The incubator, which will launch in early October, will focus on a cohort of approximately 12 Hispanic- and/or Latinx-owned technology companies and will provide educational programming, resources, funding and technological support. The director of the incubator will be Manny Ozaeta, who previously served as 1871’s Director of Membership, and the incubator will be operated as a full partnership between 1871 and IHCC.

“The IHCC has a long history of helping Hispanic businesses access the tools and resources they need to grow and succeed,” said Omar Duque, IHCC President and CEO. “Our intention in moving to 1871, Chicago’s epicenter of technology and innovation, was to continue in that vein, create more opportunities to support our existing membership, and design programming specifically for Hispanic companies to flourish in the digital marketplace.”

The joint incubator program will provide access to mentors and tailored content designed specifically around the individual businesses admitted to the incubator. It will also contribute to IHCC’s ongoing partnership with 1871, which supports Hispanic entrepreneurs, technology professionals, and students with educational programming, networking opportunities, and other resources.

“We are excited to welcome the first cohort of this joint incubator program to 1871 in the fall,” said Howard A. Tullman, CEO of 1871. “Through this collaboration, 1871 and IHCC are once again at the forefront of innovative economic development and the continued expansion of a more inclusive entrepreneurial ecosystem in Chicago. This program will be a national standard and an example of how the technology ecosystem can provide opportunities for all entrepreneurs.”

Manny Ozaeta has worked for 1871 for nearly two years as Director of Membership and will transition to his new role as the director of the new joint incubator in September. Manny brings intimate knowledge of 1871, its member companies, and a strong understanding of the Hispanic business community. Manny has worked for a variety of organizations in Chicago, including Culloton Strategies and the Office of Mayor Rahm Emanuel.

“Through this partnership between 1871 and the IHCC, we are giving access to a new generation of business leaders who will change and broaden the entrepreneurial landscape and undoubtedly elevate the overall tech community,” said Ozaeta. “As a Chicagoan, and as a Latino, I am extremely proud of these efforts, and I look forward to the opportunity to continue to grow our community.”

1871 has previously partnered with IHCC, CODE2040, Chicago Urban League, ImBlackinTech, and Code Latino in an effort to increase opportunities for Hispanic and African American entrepreneurs. By leveraging resources from a number of corporate partners, these initiatives are designed to create a meaningful impact on diversity in the tech community and create opportunities for entrepreneurs throughout Chicago.

Applications are currently open and will be accepted through September 19, 2016. The as-yet unnamed program is slated to start on October 10, 2016 and will reveal its new brand prior to the start date.

For more information on the hispanic technology incubator, please contact Manny Ozaeta at manny@1871.com. Interested applicants can apply at: 1871.com/HispanicTech.

About the Illinois Hispanic Chamber of Commerce (IHCC)
The Illinois Hispanic Chamber of Commerce (IHCC) is the leading Hispanic business, networking, advocacy and development organization in the state of Illinois. IHCC empowers entrepreneurs to start and grow their businesses. We are a community of business owners, entrepreneurs and professionals committed to empowering individuals through economic growth. With decades of combined business experience, IHCC engages entrepreneurs through community advocacy, networking, and innovative one-on-one training designed to help them be leaders and agents of change in today’s world. We contribute to the financial strength of the economy by helping businesses create jobs, increase their revenue and be more profitable. For more info visit www.ihccbusiness.net.

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Event Gallery: Tech & the Sharing Economy http://www.1871.com/event-gallery-tech-sharing-economy/ http://www.1871.com/event-gallery-tech-sharing-economy/#respond Thu, 18 Aug 2016 17:52:08 +0000 http://www.1871.com/?p=1019630 Our CEO Howard Tullman was joined by Bridget Gainer, Cook County Commissioner; Jean-Paul Biondi, Head of Marketing Chicago at Lyft; and Allison Schraub, Chicago Program Director at Airbnb for a discussion on the impact on-demand has on government.

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Photos by 1871/Gregory Rothstein

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Code Latino Meetup at 1871 http://www.1871.com/code-latino-meetup-1871/ http://www.1871.com/code-latino-meetup-1871/#respond Thu, 18 Aug 2016 14:58:23 +0000 http://www.1871.com/?p=1019529 Code Latino empowers the next wave of Latino Coders through outreach, workshops and social events.

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1871 Partners With Reboot Career Accelerator for Women http://www.1871.com/1871-partners-reboot-career-accelerator-women/ http://www.1871.com/1871-partners-reboot-career-accelerator-women/#respond Wed, 17 Aug 2016 18:28:02 +0000 http://1871.com/?p=1019486 1871 announced today a partnership with Silicon-Valley based, Reboot Career Accelerator for Women, an 8-session series designed to educate, inspire, and empower women to restart their careers and pursue new goals...

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ReBoot Career Accelerator for Women will become the newest private education program to serve members of 1871; Focus on getting women current, connected, and confident to return to work

1871 announced today a partnership with Silicon-Valley based, Reboot Career Accelerator for Women. ReBoot is an 8-session series designed to educate, inspire, and empower women to restart their careers and pursue new goals. The program ultimately strives to assist women in updating their skills in office technologies and connects them to other like-minded women in order to build their confidence in taking the next step in their career. Many returning women are interested in pursuing their own start-ups, so 1871 is a perfect place for women to ReBoot.

“At 1871, we believe that you can’t have innovation without inclusion,” said 1871 COO, Tom Alexander. “We want our community to be reflective of the rich diversity that exists in Chicago and the ReBoot Career Accelerator aids in that mission. This new addition to the private education programs at 1871 helps to change the conversation around women in technology, and shines a light on the access to resources available to the growing ecosystem of women pursuing entrepreneurship.”

The news of this collaboration comes just weeks after a recent report in Chicago Inno listing Chicago as having the highest percentage of female entrepreneurs. ReBoot Accelerator will further the mission of inclusion at 1871 by providing women with access to new skills and available resources in the rapidly growing Chicago tech ecosystem. Additionally, this partnership provides local female residents currently possessing limited or no access to business programs for women an opportunity to become proficient in business skills.

Based in Silicon Valley, over 300 women have completed the ReBoot program, and it is rapidly expanding across the country.  Chicago is the second location to host ReBoot, and it will be subsequently offered in Seattle and NYC this fall.  “We are overwhelmed with interest from women who want to return to work, but don’t know where to start,” said co-Founder & Executive Vice President, Diane Flynn. “By giving them a high-tech, high-touch experience, we greatly increase their confidence and connections.  Our success rate in placing these women in both part-time and full-time work is encouraging.”

1871 welcomes and continues to seek opportunities for women entrepreneurs to thrive. As the largest tech incubator in the United States, 1871 has continued its efforts in growing the number of female owned business through WiSTEM,  a cutting-edge program designed to foster opportunities for women in technology. Many of the events hosted in the space focus on the current issues faced by women in technology and business. Access to education has also been instrumental in supporting the mission of the organization. The ReBoot Career Accelerator brings the total number of private education programs available to 1871 members and the Chicago community to approximately 12.

About ReBoot Career Accelerator for Women

ReBoot educates, inspires, and catalyzes women to restart their career and pursue new goals, learn current office technologies, connect with other professionals, and emerge with newfound confidence. ReBoot offers Accelerators in 4 locations throughout the US, and is rapidly expanding Club ReBoot to many major cities.  ReBoot also offers a job board to match ReBoot women with part-time and full-time positions. For more information about ReBoot Career Accelerator for Women, visit www.rebootaccel.com.

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Chicago Tech’s Next Chapter http://www.1871.com/chicago-techs-next-chapter/ http://www.1871.com/chicago-techs-next-chapter/#respond Tue, 16 Aug 2016 23:14:02 +0000 http://www.1871.com/?p=1019504 The post Chicago Tech’s Next Chapter appeared first on 1871.

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How Pivotal’s Chicago team grew from 4 to 50 in 2 years http://www.1871.com/pivotals-chicago-team-grew-4-50-2-years/ http://www.1871.com/pivotals-chicago-team-grew-4-50-2-years/#respond Tue, 16 Aug 2016 23:06:49 +0000 http://www.1871.com/?p=1019501 The post How Pivotal’s Chicago team grew from 4 to 50 in 2 years appeared first on 1871.

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Galvanize raises $45M to expand web development and data science training programs http://www.1871.com/galvanize-raises-45m-expand-web-development-data-science-training-programs/ http://www.1871.com/galvanize-raises-45m-expand-web-development-data-science-training-programs/#respond Tue, 16 Aug 2016 21:44:31 +0000 http://1871.com/?p=1019476 The post Galvanize raises $45M to expand web development and data science training programs appeared first on 1871.

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A Start-Up Turns to Saffron to Help Afghanistan Regrow http://www.1871.com/start-turns-saffron-help-afghanistan-regrow/ http://www.1871.com/start-turns-saffron-help-afghanistan-regrow/#respond Tue, 16 Aug 2016 19:44:31 +0000 http://1871.com/?p=1019467 The post A Start-Up Turns to Saffron to Help Afghanistan Regrow appeared first on 1871.

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Event Gallery: Taiwanese American Professionals Panel http://www.1871.com/event-gallery-taiwanese-american-professionals-panel/ http://www.1871.com/event-gallery-taiwanese-american-professionals-panel/#respond Mon, 15 Aug 2016 22:11:27 +0000 http://www.1871.com/?p=1019607 TAP Chicago hosted business leaders from McDonald's, Goldman-Sachs, Akira, and more for an evening of discussion on entrepreneurship.

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Photos by 1871/Gregory Rothstein

 

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Behind-The-Scenes: The 1871 Team http://www.1871.com/behind-scenes-1871-team/ http://www.1871.com/behind-scenes-1871-team/#respond Mon, 15 Aug 2016 21:13:05 +0000 http://1871.com/?p=1019248 Teamwork makes the dream work! Shots of the 1871 team.

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