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<NewsItem contentIssues="true" id="24096" important="false" status="posted" url="https://my3.my.umbc.edu/posts/24096">
<Title>Why You Should Spend Less Time With Your Co-founders</Title>
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    <img src="http://www.inc.com/uploaded_files/image/100x100/empty-office_bkt_13079.jpg" alt="" style="max-width: 100%; height: auto;"><br><p>Some start-ups rely on almost round the clock face time, but others--like Bolstr--find hanging out together less means getting more done.</p>
    <p>If you're going to be basically sleeping under your desk to get your start-up off the ground, why not make things a little more comfortable and actually merge your place of business with your place of residence? At least you'll have a proper bed handy.</p>
    <p>That's the thinking laid out by Victor Ho and Matt Dok, <a href="http://www.fastcompany.com/3005511/5-reasons-why-you-should-live-your-coworkers-literally" rel="nofollow external" class="bo">co-founders of business loyalty network FiveStars, recently</a>. The pair came up with an elegant solution to the long hours demanded by starting their company: They cohabitated and then had early employees move in too.</p>
    <p>"We locked ourselves in a room for three months straight, had ramen for breakfast, lunch, and dinner, and taught ourselves Python. We transformed our living room into a work space. We’d wake up, walk 20 feet down the hall, sit down at the table, not move except to eat, then go to bed," Ho tells Fast Company, claiming the unusual arrangements helped the team be more innovative and productive, save money and instill a horizontal, hierarchy-free culture. </p>Too Much Togetherness<p>But this approach isn't for everyone. Charlie Tribbett and Larry Baker, the founding team behind <a href="http://bolstr.com/" rel="nofollow external" class="bo">small business crowdfunding site Bolstr</a>, at first tried something a slightly less extreme form of constant togetherness.</p>
    <p>"When we first started working together we actually set up a fold out table and sat across from each other all day with our laptops," Tribbett told Inc. "We had just quit our jobs—structured, finance jobs. Unaccustomed working outside of an office, the fold-out table seemed like a good idea. And early on, it was. That works tyle helped us maintain focus. But over time it became a distraction."</p>
    <p>The pair found that they were actually taking the homey vibe too far, becoming so companionable that they ended up simply hanging out when they should have been working.</p>
    <p>"It became very easy to spend chunks of time chatting about things unrelated to Bolstr," says Tribbett. In response the pair decided on a trial separation, working remotely from their separate apartments, but that approach "led to some fragmentation. It became a little more difficult to iterate the broader strategy for the company and product. And projects that required collective collaboration became more challenging to knock out."</p>
    <p>The solution for this team was a middle way. "We’ve found that 2-3 days a week in the same space lets us set the week’s agenda, talk strategy and whiteboard. We then prioritize, divide, and conquer the remainder of the week," says Tribbett.</p>Bad for Bonding?<p>But, argue some credible voices in the start-up community (<a href="http://www.businessinsider.com/why-you-cant-found-a-startup-with-a-remote-team-2010-7?op=1" rel="nofollow external" class="bo">including VC Mark Suster</a>), doesn't working at a distance reduce opportunities for a team to build a culture of camaraderie and a basis for trust?</p>
    <p>To which Tribbett responds: there's no reason you can't build company culture over chat and video. Some young startup teams create camaraderie, he says, by "staying up late and working hard together. This is actually true for us too—it’s just done through technology. We have an open chat called 'The Watercooler' where team members chat about anything. Sometimes work-related, sometimes not."</p>
    <p>While the team believes a Bolstr HQ is in the company's future, at these early stages of the start-up the 24/7 work-life mash-up model just didn't pay dividends, concludes Tribbet, and he doubts he's alone in being unable to resist the lure of socializing.</p>
    <p>"There are a lot of inefficiencies that are born out of the sexiness of start-ups. For the young startup in a coworking space, it takes discipline to not partake in every nerf fight or happy hour," he says. "For us, though, with flexibility comes responsibility. The luxury of working from wherever means high standards of accountability."</p>
    <p>In your experience, could some start-up teams sometimes get more done by spending less time together?  </p>
    <br>
    <br>
    <a href="http://ads.pheedo.com/click.phdo?s=a07c75a231130e51cd283acd575d6217&amp;p=1" rel="nofollow external" class="bo"><img alt="" src="http://ads.pheedo.com/img.phdo?s=a07c75a231130e51cd283acd575d6217&amp;p=1" style="max-width: 100%; height: auto;"></a>
    </div>
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<Summary>Some start-ups rely on almost round the clock face time, but others--like Bolstr--find hanging out together less means getting more done.  If you're going to be basically sleeping under your desk...</Summary>
<Website>http://feedproxy.google.com/~r/inc/channel/start-up/~3/nOOzzt15Xug/why-you-should-spend-less-time-with-your-co-founders.html</Website>
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<PostedAt>Fri, 15 Feb 2013 05:38:56 -0500</PostedAt>
<EditAt>Fri, 15 Feb 2013 05:38:56 -0500</EditAt>
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<NewsItem contentIssues="true" id="23977" important="false" status="posted" url="https://my3.my.umbc.edu/posts/23977">
<Title>Gary Vaynerchuk: What I Can Do Better Than Anyone</Title>
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<Website>http://feedproxy.google.com/~r/inc/channel/start-up/~3/3-Xdw-Y4biM/gary-vaynerchuk-what-i-can-do-better-than-anyone.html</Website>
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<PostedAt>Fri, 15 Feb 2013 05:33:43 -0500</PostedAt>
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<NewsItem contentIssues="true" id="23939" important="false" status="posted" url="https://my3.my.umbc.edu/posts/23939">
<Title>Getting rid of responsive design, realistic marketing and more</Title>
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<![CDATA[
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    <p><strong>A quick reader’s guide:</strong> <a href="http://www.amazon.com/gp/product/1591846072/ref=as_li_ss_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=1591846072&amp;linkCode=as2&amp;tag=21times-20" rel="nofollow external" class="bo">The Icarus Deception</a>, by Seth Godin</p>
    <p>Seth Godin has built a name for himself as the go-to writer for marketing. His most recent books, however, have started tying the concept of marketing into the larger picture of entrepreneurship and <em>The Icarus Deception</em> follows that trend. The book offers insight into creative entrepreneurship in particular — how to sell things you make, from software to products that are a little more crafty. </p>
    <p>It’s important to know that <em>The Icarus Deception</em> isn’t a technical book going in. It’s a business book with some seriously inspirational elements. But by the time you’ve finished reading it, you’ll be very motivated to get to work and you may have some new ideas on how to handle the business and marketing sides of your projects.</p>
    <p><strong>Development:</strong> <a href="https://gocardless.com/blog/unresponsive-design/" rel="nofollow external" class="bo">Ditching responsive design</a><br>
    Lately, it’s seemed like an article of faith that any new website has to be designed so that it can easily adapt to multiple platforms. But responsive design may be more of a bandaid in certain situations — something that doesn’t fix the underlying issue. For some companies, it may actually make sense to ditch responsive design.</p>
    <p><strong>Funding:</strong> <a href="http://venturebeat.com/2013/02/13/on-deck-raises-42-m/" rel="nofollow external" class="bo">On Deck raises $42 million to finance cash-strapped small businesses</a><br>
    It can be tough to get a loan for a business, particularly if you need a smaller amount than your bank typically deals with or you need the money quickly. But On Deck is working to make sure that short-term loans are available for small businesses, a process made easier by the $42 million the company just raised for itself.</p>
    <p><strong>Operations:</strong> <a href="http://www.inc.com/peter-gasca/6-reasons-to-use-crowdsourcing.html" rel="nofollow external" class="bo">6 reasons to use crowdsourcing</a><br>
    Have you been considering crowdsourcing, anything for establishing your company? These reasons may convince you to try out crowdsourcing some of the design work or research necessary to get you started, as Wild Creations did.</p>
    <p><strong>Marketing:</strong> <a href="http://www.forbes.com/sites/onmarketing/2013/02/12/a-realists-guide-to-marketing-in-2013/" rel="nofollow external" class="bo">A realist’s guide to marketing in 2013</a><br>
    Colin Nagy has put together a fast read on what marketing pitfalls are currently facing tech companies. The bottom line is that marketing is quickly evolving and you need to keep ahead of any problems in the pipeline.</p>
    <p><strong>Beyond Tech:</strong> <a href="http://futurewomanintech.com/" rel="nofollow external" class="bo">Future Woman in Tech</a><br>
    This letter, from Stacey Mulcahy, to her eight-year-old niece, lays out the best possible world in which that girl could work in technology.</p>
    <p><strong>Our most popular link this week:</strong> <a href="http://www.bootstrappist.com/archives/a-short-guide-to-surveying-your-customer-base/" rel="nofollow external" class="bo">A short guide to surveying your customer base</a></p>
    </div>
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<Summary>A quick reader’s guide: The Icarus Deception, by Seth Godin   Seth Godin has built a name for himself as the go-to writer for marketing. His most recent books, however, have started tying the...</Summary>
<Website>http://www.bootstrappist.com/archives/getting-rid-of-responsive-design-realistic-marketing-and-more/</Website>
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<PostedAt>Fri, 15 Feb 2013 05:30:22 -0500</PostedAt>
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<NewsItem contentIssues="false" id="24138" important="false" status="posted" url="https://my3.my.umbc.edu/posts/24138">
<Title>Records Continue to Fall as Men Hold Lead, Women in Second After Day Two of America East Championships</Title>
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<![CDATA[
    <div class="html-content">ORONO, Maine � UMBC junior Mohamed Hussein broke his own school and conference records by almost two seconds in the 200-yd. IM as the UMBC swimming and diving teams competed on the second day of the America East Championships at the Stanley M. Wallace Pool.</div>
]]>
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<Summary>ORONO, Maine � UMBC junior Mohamed Hussein broke his own school and conference records by almost two seconds in the 200-yd. IM as the UMBC swimming and diving teams competed on the second day of...</Summary>
<Website>http://www.umbcretrievers.com/release.asp?RELEASE_ID=7648</Website>
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<PostedAt>Fri, 15 Feb 2013 00:00:00 -0500</PostedAt>
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<NewsItem contentIssues="false" id="24139" important="false" status="posted" url="https://my3.my.umbc.edu/posts/24139">
<Title>Records Continue to Fall as Men Hold Lead, Women in Second After Day Two of America East Championships</Title>
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<![CDATA[
    <div class="html-content">ORONO, Maine � UMBC junior Mohamed Hussein broke his own school and conference records by almost two seconds in the 200-yd. IM as the UMBC swimming and diving teams competed on the second day of the America East Championships at the Stanley M. Wallace Pool.</div>
]]>
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<Summary>ORONO, Maine � UMBC junior Mohamed Hussein broke his own school and conference records by almost two seconds in the 200-yd. IM as the UMBC swimming and diving teams competed on the second day of...</Summary>
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<PostedAt>Fri, 15 Feb 2013 00:00:00 -0500</PostedAt>
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<NewsItem contentIssues="false" id="24140" important="false" status="posted" url="https://my3.my.umbc.edu/posts/24140">
<Title>UMBC Softball Falls on Day Two of Jimmy John's Lion Classic II</Title>
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<![CDATA[
    <div class="html-content">UMBC softball freshman Danielle O'Neill (Loathian, Md./Southern) went 3-for-4 and added three walks on day two of the Jimmy John's Lion Classic II, while sophomore Taylor Hall (Cosby, Va./Cosby) combined for five RBI in a pair of Retriever losses at the North Oak Park. LSU-Alexandria slipped past UMBC in a 7-6 extra inning victory in game two, while Texas Southern picked up a 14-5 victory in five innings in game one.</div>
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<Summary>UMBC softball freshman Danielle O'Neill (Loathian, Md./Southern) went 3-for-4 and added three walks on day two of the Jimmy John's Lion Classic II, while sophomore Taylor Hall (Cosby, Va./Cosby)...</Summary>
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<PostedAt>Fri, 15 Feb 2013 00:00:00 -0500</PostedAt>
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<NewsItem contentIssues="false" id="24107" important="false" status="posted" url="https://my3.my.umbc.edu/posts/24107">
<Title>UMBC Women's Lacrosse Opens 2013 Under Appelt and Giro</Title>
<Body>
<![CDATA[
    <div class="html-content">The UMBC women's lacrosse team opens its 2013 slate, the first under co-head coaches Amy Appelt and Tony Giro, on Saturday, Feb. 16 when the Retrievers travel to American for a noon contest at Jacobs Field.</div>
]]>
</Body>
<Summary>The UMBC women's lacrosse team opens its 2013 slate, the first under co-head coaches Amy Appelt and Tony Giro, on Saturday, Feb. 16 when the Retrievers travel to American for a noon contest at...</Summary>
<Website>http://www.umbcretrievers.com/release.asp?RELEASE_ID=7647</Website>
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<PostedAt>Fri, 15 Feb 2013 00:00:00 -0500</PostedAt>
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<NewsItem contentIssues="true" id="24083" important="false" status="posted" url="https://my3.my.umbc.edu/posts/24083">
<Title>Redefining Love at Work: How to Foster a Sense of Connection</Title>
<Body>
<![CDATA[
    <div class="html-content">Why love can make your company more creative and productive, plus four tips to help you lead a more connected workplace.</div>
]]>
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<Summary>Why love can make your company more creative and productive, plus four tips to help you lead a more connected workplace.</Summary>
<Website>http://feedproxy.google.com/~r/YoungentrepreneurcomBlog/~3/17qh2bvq08Y/</Website>
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<Tag>business-growth-strategies</Tag>
<Tag>employee-morale</Tag>
<Tag>innovation</Tag>
<Tag>leadership</Tag>
<Tag>managing-employees</Tag>
<Group token="entrepreneurship">Alex. Brown Center for Entrepreneurship</Group>
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<Sponsor>The Alex. Brown Center for Entrepreneurship</Sponsor>
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<PostedAt>Thu, 14 Feb 2013 17:00:18 -0500</PostedAt>
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<NewsItem contentIssues="true" id="23922" important="false" status="posted" url="https://my3.my.umbc.edu/posts/23922">
<Title>Do you want to Intern Downtown this Summer? 2 IT Postions!</Title>
<Tagline>Exelon has openings in Corporate Security and IT!</Tagline>
<Body>
<![CDATA[
    <div class="html-content">
    <div><strong> Corporate Security Interns:</strong></div>
    <div>Apply today through UMBCworks:<span>9256360</span>
    </div>
    <div><br></div>
    <div>We are seeking Corporate Security Interns for the summer of 2013. Qualified candidates will need to be a Cyber Security, Criminal Justice, and Computer Science, major or related discipline. </div>
    <div><br></div>
    <div>Our Corporate Security Intern positions will be based in the following: Regional Centers: Baltimore Metropolitan Areas &amp; Chicago &amp; surrounding suburban areas   Paid internships last 10-12 weeks and will begin June, 2013 and end in mid-August/early September.  </div>
    <div>Your responsibilities will vary by project and or assigned area; you may find yourself:</div>
    <div><br></div>
    <div>*Analyzing and documenting current business processes and technologies</div>
    <div><br></div>
    <div>*Designing and testing new business processes, capabilities and technologies</div>
    <div><br></div>
    <div>*Support Project Managers with documentation and research on varied projects</div>
    <div><br></div>
    <div>*Emergent tasks as assigned by manager or project manager</div>
    <div><br></div>
    <div>Intern Basic Qualification:</div>
    <div>Current undergraduate students earning a bachelors degree in the following areas:</div>
    <div><br></div>
    <div> Cyber Security, Criminal Justice, Information Technology, Computer Science</div>
    <div><br></div>
    <div>We are seeking highly motivated individuals who meet the following criteria:</div>
    <div>A track record of outstanding academic performance</div>
    <div>Eagerness to contribute in a team-oriented environment</div>
    <div>Ability to work creatively and analytically in a problem-solving environment</div>
    <div>Excellent leadership, communication (written and verbal) and interpersonal skills</div>
    <div><br></div>
    <div><br></div>
    <div><strong>IT Professional Intern</strong></div>
    <div>
    <div>Apply today through UMBCworks:<span>9256359</span>
    </div>
    <div><br></div>
    <div>We are seeking Information Technology Interns for the summer of 2013. Qualified candidates will need to be a Computer Science, MIS or Computer Engineering major or related technical discipline. </div>
    <div><br></div>
    <div>Our IT intern positions will be based in the following: Regional Centers: Chicago &amp; surrounding suburban areas; Baltimore and Philadelphia Metropolitan Areas and Kennett Square, PA. ; Houston, Texas.  Paid internships last 10-12 weeks and will begin June, 2013 and end in mid-August/early September.  </div>
    <div>Your responsibilities will vary by project and or assigned area; you may find yourself:</div>
    <div><br></div>
    <div>*Analyzing and documenting current business processes and technologies</div>
    <div><br></div>
    <div>*Designing and testing new business processes, capabilities and technologies</div>
    <div><br></div>
    <div>*Support Project Managers with documentation and research on varied projects</div>
    <div><br></div>
    <div>*Building portions of an application</div>
    <div><br></div>
    <div>*Emergent tasks as assigned by manager or project manager</div>
    <div><br></div>
    <div>Intern Basic Qualification:</div>
    <div>Current undergraduate students earning a bachelors degree in the following areas:</div>
    <div>Computer Science, MIS, Computer Engineering, Electrical Engineering, Cyber Security, </div>
    <div>Current graduate students earning a Masters in the following areas:</div>
    <div>Computer Science and or related disciplines</div>
    <div><br></div>
    <div>We are seeking highly motivated individuals who meet the following criteria:</div>
    <div>A track record of outstanding academic performance</div>
    <div>Eagerness to contribute in a team-oriented environment</div>
    <div>Ability to work creatively and analytically in a problem-solving environment</div>
    <div>Excellent leadership, communication (written and verbal) and interpersonal skills</div>
    <div><br></div>
    </div>
    </div>
]]>
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<Summary> Corporate Security Interns:  Apply today through UMBCworks:9256360     We are seeking Corporate Security Interns for the summer of 2013. Qualified candidates will need to be a Cyber Security,...</Summary>
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<Sponsor>Shriver Center:Intern, Co-op, Research &amp; Service-Learning</Sponsor>
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<PostedAt>Thu, 14 Feb 2013 16:48:32 -0500</PostedAt>
<EditAt>Thu, 14 Feb 2013 16:48:37 -0500</EditAt>
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<NewsItem contentIssues="true" id="24084" important="false" status="posted" url="https://my3.my.umbc.edu/posts/24084">
<Title>4 Tips for Creating an Exit Strategy for Your Startup</Title>
<Body>
<![CDATA[
    <div class="html-content">Social entrepreneur and educator Steve Mariotti on the importance of forecasting your long-term plans from the start.</div>
]]>
</Body>
<Summary>Social entrepreneur and educator Steve Mariotti on the importance of forecasting your long-term plans from the start.</Summary>
<Website>http://feedproxy.google.com/~r/YoungentrepreneurcomBlog/~3/acAr62hk-rY/</Website>
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<Tag>ask-the-expert</Tag>
<Tag>business-planning</Tag>
<Tag>business-valuation</Tag>
<Tag>exit-strategy</Tag>
<Tag>q-and-a</Tag>
<Group token="entrepreneurship">Alex. Brown Center for Entrepreneurship</Group>
<GroupUrl>https://my3.my.umbc.edu/groups/entrepreneurship</GroupUrl>
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<PostedAt>Thu, 14 Feb 2013 15:00:48 -0500</PostedAt>
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