President Bill Clinton addresses @inc500 conf thru video
5:42 AM Oct 1st via TweetDeck

Gary Hirshberg CEO – Stonyfield Yogurt

Should be good! RT @inc5000: Today’s 1st session is starting! Gary Hirshberg, the CE-YO from Stoneyfield at #inc500conferenece!

Stonyfield Yogurt is up to $360 million in sales now. Gary going to go over his philosophy on triple bottom line.
5:47 AM Oct 1st

Churchill quote “success is the ability to move from failure to failure with no loss of enthusiasm”
5:49 AM Oct 1st

If the rest of the world adopted USA energy and total consumption, we’d need 5 Earths to be able to handle it.
5:52 AM Oct 1st

67% of Americans are obese or overweight. Just like the environment, unintentional actions lead to disastrous effects.
5:56 AM Oct 1st

Stonyfield first 9 years to get to $4m revenue and barely unprofitable. Never got venture money. Grew with cradle to cradle thinking.
6:04 AM Oct 1st

9 carbon footprint teams – transportation, greenhouse gas emissions, sustainable packaging, etc
6:08 AM Oct 1st via TweetDeck

Real sustainability is about innovation not just Eco efficiency
6:11 AM Oct 1st

@inc5000 Gary hirshberg, stonyfield yogurt CEO. Cradle to cradle = no waste. Highly profitable, requires a little investment up front.
6:15 AM Oct 1st

Organic cows live twice as long as conventional cows. Whoda thunk that?
6:21 AM Oct 1st

The challenge: stonyfields gross margins are 10 percent less than competitors. Better net margins from less advertising.
6:25 AM Oct 1st

Stonyfield lids talk about their causes. Huge customer loyalty. Advocacy.
6:27 AM Oct 1st

Stonyfield is deeply engaged in PR and social media. This year- 4 billion media impressions.
Fri Oct 01 2010 06:33:56

Mollusks take calcium carbonate from their environment to make their homes. Humans will need to do this with carbon.
Fri Oct 01 2010 06:38:33

Kevin Surace CEO – Serious Materials

@inc5000 next speaker Kevin Surace of Serious Materials rethinking an industry retrofitting homes and building with Eco drywall
Fri Oct 01 2010 06:44:24

Kevin surace – Inc. Magazine entrepreneur of the year. Need to identify a big problem. For him: climate change.
Fri Oct 01 2010 06:51:34

Today- only 0.4% comes from wind and solar. Everything else is coal, oil, and others.
Fri Oct 01 2010 06:54:45

Ecorock tackles the problem that 40% of total world energy usage is in building energy inefficiancy.
Fri Oct 01 2010 06:57:33

QuietRock is 5x more than drywall but total installed cost was actually quite a bit less.
Fri Oct 01 2010 07:02:39

People advice- look at hiring people outside your industry who look at a problem differently. Take company to next level
Fri Oct 01 2010 07:04:37

Your customers will not go with you just because you are green. Got to save them money. Most important.
Fri Oct 01 2010 07:07:22

Serious Materials replaced out all windows on the Empire State building with high Rsquared value windows. 6500 windows, saves $28m.
Fri Oct 01 2010 07:09:53

Everyone says they are innovative, but to truly disrupt an industry is really really hard.
Fri Oct 01 2010 07:11:47

Apple is most well known example as a disruptor. iPod was 50th digital music player in the market, but did it uniquely.
Fri Oct 01 2010 07:13:44

Serious Materials CEO is PR genius by buying shutdown doors and windows manufacturing plants and partnering with unions. Moving fast.
7:27 AM Oct 1st

Tim Westergren Founder – Pandora

Pandora founder Tim Westergren speaking now @inc5000 conference. Very psyched to hear his story of going broke then $100m rev this year.
7:36 AM Oct 1st

By end of 2001, over 50 Pandora employees worked for free. It stayed that way for 2 years. Founder had $200k personal debt. Got $9m VC in 04
7:46 AM Oct 1st

Tried it as a subscription model, but people didn’t want to pay. Pandora now has 65 million users in US. 100k new users per day @inc5000
7:49 AM Oct 1st

@pandora – your founder talking now about responsiveness to real human listeners. Do u engage on Twitter?
7:55 AM Oct 1st

Washington dc political process nearly shut down pandora due to Internet levy on streaming music. 400k faxes to congress in 3 days. Saved.
8:04 AM Oct 1st

Radio is 85% of how people consume music. Biggest $ part of industry. Pandora makes money thru advertising. Cash flow positive, but not prof
8:10 AM Oct 1st

Pandora 90k artists. 70% independent. @inc5000
Fri Oct 01 2010 08:12:44

@inc5000 panel “inside the mind of an investor”. Only 500 actine VCs in country. As entrepreneur, still need to be selective
Fri Oct 01 2010 09:19:41

Danny Meyer – New York City restaurateur and CEO of the Union Square Hospitality Group

@inc5000 current speaker is Danny meyer of the famous NYC restaurant Gramercy Tavern
Fri Oct 01 2010 11:58:01

51% of your success is how you make customers feel. 49% is the technical delivery of your products and services. Hospitality is adapting to
Fri Oct 01 2010 12:19:48

Jean Chatzky – Author of “The Difference”

@inc5000 speaker now is Jean Chatzky, author of “the difference”. Anyone can prosper even in toughest times.
Fri Oct 01 2010 12:48:23

As an entrepreneur, Jean knows company owners think often about finances, but how structured are we in our thinking?
Fri Oct 01 2010 12:58:47

#inc500 Human nature in personal finance is to be over-confident about our future finances.
Fri Oct 01 2010 13:03:12

3 traits of financially secure people: Habitual savings, diversified investing, and …
Fri Oct 01 2010 13:11:34

Money doesn’t bring happiness. Statistically, happiness attracts money and success in all stages of life.
Fri Oct 01 2010 13:18:53

Saturday, Oct 2 – Day 2
#inc500 First session on virtualization and cloud computing is a bit of an infomercial for Dell.
Sat Oct 02 2010 06:11:29

RT @IncMagazine: “Giving entrepreneurs better access to capital would have been No. 1 way to get us out of the economic downturn.” S. Felice
Sat Oct 02 2010 06:12:54

Steve Felice word of advice is to not wait so long to get international experience. #inc5000
Sat Oct 02 2010 06:41:03

John Gerzema says the great recession could be the best thing for america. Underlying sense of optimism. #inc5000
Sat Oct 02 2010 06:43:31

Based on a huge study on American spending habits, there is a major shift from mindless to mindful purchases
Sat Oct 02 2010 06:44:51

Author of “Spendshift” says American consumers collectively saying “if you want to sell to me, you better have my back”.
Sat Oct 02 2010 06:46:51

Shift happened in 2005 from superficial stuff to authentic, craft-driven meaningful products. #inc5000
Sat Oct 02 2010 06:48:23

RT @IncEvents: Final Day @ Inc. 500 conference! Listen to @johngerzema talk about Decoding the New Consumer right now.
Sat Oct 02 2010 06:49:57

Trends since 2005 – fewer logos on new clothing, more volunteerism, retooling empowerment betterment, people becoming self-reliant.
Sat Oct 02 2010 06:52:38

Lots more Americans, even in Dallas, have backyard chickens. Fascinating that this defines a trend.
Sat Oct 02 2010 06:54:44

Time banks is a cool concept. You give time as a guitar teacher and I give back by doing yardwork. #inc5000
Sat Oct 02 2010 06:56:23

Spend Shift trend – badge of awesomeness – creativity but keeping it simple and frugal and Eco. Nimble, adaptable.
Sat Oct 02 2010 06:58:54

50% of mellenials don’t have a land line, bookrenter.com, neighborgoods.com. Use hulu.com and don’t pay for tv cable #inc5000
Sat Oct 02 2010 07:02:40

Recyclebank – works like frequent flyer miles for rewarding recycling. Trend towards uber-local support #inc5000
Sat Oct 02 2010 07:06:43

Simplicity example – Shoebox banking. Put all your personal financial statements in a shoebox and bank figures it all out for u #inc5000
Sat Oct 02 2010 07:08:52

We are moving from a credit to a debit society. The $ that we are spending today is really ours. More selective, mindful consumption.
Sat Oct 02 2010 07:13:34

America is an emerging market for values-led innovation. Future is bright. #inc5000
Sat Oct 02 2010 07:14:41

Hilarious zappos video about the “happiness bus” playing at #inc500conferenece. 3 month happy bus tour
Sat Oct 02 2010 08:54:06

I gotta check out the happy bus outside the Gaylord resort Hotel here #inc5000
Sat Oct 02 2010 08:57:55

Tony Hsieh CEO – Zappos

Tony Hsieh speaking now. Glad he is adapting his presentation from last year #inc5000. Happy bus coming to Portland in 6 weeks
Sat Oct 02 2010 09:02:27

RT @IncMagazine: “I sold LinkExchange because it wasn’t fun anymore…the company culture went down.” says Tony Hsieh @zapppos #inc5000
Sat Oct 02 2010 09:02:40

New zappos record for longest phone call. 7 1/2 hours. What if you need to go to bathroom? #inc5000
Sat Oct 02 2010 09:10:44

Zappos Call center people are trained to check pricing with 3 competitors and tell customer to go with less $ competitor product
Sat Oct 02 2010 09:13:04

Nice! RT @sandydlc: #zappos saved me for inc conference gala outfit. Ordered sandals Monday, arrived Tuesday, flight early Thursday #inc5000
Sat Oct 02 2010 09:16:02

Growing zappos brand over next few years – clothing, customer service, culture #inc5000
Sat Oct 02 2010 09:17:45

Two books in Zappos giving library – Good to Great, Tribal Leadership. Important findings #inc5000
Sat Oct 02 2010 09:20:37

Commitable core values – doing a google search on any 1 of 10 core values – zappos shows up #1. Unique. #inc5000
Sat Oct 02 2010 09:23:39

Luck is really about being open to opportunities. More perspective than fact #inc5000
Sat Oct 02 2010 09:25:29

Zappos has 1500 vendors that have total access to info in zappos extranet #inc5000
Sat Oct 02 2010 09:28:31

Great companies had really strong cultures and all had a higher purpose. Chase the vision, not the money #inc5000
Sat Oct 02 2010 09:33:27

Zappos took the high human touch approach, not high tech approach.
Sat Oct 02 2010 09:37:35

2009 timing of when zappos vision became broader to “delivering happiness”. #inc5000
Sat Oct 02 2010 09:38:48

What is your goal in life? Ultimately, it’s to be happy and fulfilled. #inc5000
Sat Oct 02 2010 09:49:42

Happiness framework – perceived control, perceived progress, vision #inc5000
Sat Oct 02 2010 09:51:37

To build enduring, great companies, you need profits, passion, purpose. #inc5000
Sat Oct 02 2010 09:55:46

Norm Brodsky #inc5000 talk on sales -listen to your customer, take responsibility, everybody sells
Sat Oct 02 2010 11:31:31

Learn from others. What you like. What you don’t like. Borrow others ideas and embellish them. #inc5000
Sat Oct 02 2010 11:33:46

Hire salespeople who want to stay with the company forever. Right attitude is everything. #inc5000
Sat Oct 02 2010 11:46:04

Norm Brodsky – some of the best suggestions come from employees. Put up a suggestion box and use it! #inc5000
Sat Oct 02 2010 11:54:02

The real question is “why are we doing this?” prioritize. Need to write down your life plan. Do that with your wife. #inc5000
Sat Oct 02 2010 12:06:18

Norm says you have 48 hours to put things you’ve learned into action or you won’t do it. #inc5000
Sat Oct 02 2010 12:12:58

Great black tie #inc5000 awards ceremony tonight!
Sat Oct 02 2010 17:02:43

These guys know small businesses drive the economy and in Portland that is just what we need now, being known as a pretty slow start up scene when compared with fast runners Seattle and San Francisco. They may not seem so glamorous to the naked eye but these small start ups need investors to get them off the ground and angel investors in Portland have not been so quick to spread their wings.

Oregon Business Magazine has just published the article to explain who is out there and what they are doing to get these small businesses and startups funded and on a steady growth pattern. The young business leaders featured here bring with them a wealth of new ideas to “ignite the startup scene”. These are the guys who are investing in Portland’s small startups not only financially but with new ideas and dynamic views on how to succeed.

Find out who they are and what they have been doing.

After reading our latest study “Use of Testing in Email Marketing” – which concludes by saying “if you’re not failing, you’re not learning” – I began thinking about how, as an entrepreneur and  business owner, it was extremely important for me to embrace this philosophy early on and realize that it expands to every aspect of business.  I’ll be the first to say it, failing isn’t fun! Doing so however, can be enlightening and isn’t something you should fear. If you fear failure, you will likely refrain from taking risks and experimenting with new ideas that can ultimately move you ahead.  I have gone through the “fail, learn and improve” process numerous times and each time I’ve learned more about it. One such lesson is that sometimes “the fail” isn’t always obvious. The below video is comedy and not relevant to my particular FAIL, but it’s a Fail Video worth watching.

There are times when the big FAIL sign isn’t held up to alert you, “the fail” is often something you have to keep an eye out for. This eye-opening lesson came upon me in early 2007 when eROI was going through a big transition period accompanied by lot of growing pains. Going though this period certainly made me stronger as a leader, us stronger as a company and created a culture where my employees have a stronger voice and a bigger influence in the ongoing success of eROI -it however was an emotional and professional journey to get to this point and one that I actually documented in a 5 part blog post back in the summer of 2007. If you are so inclined, the entire series can be found in the eROI Days archive for you reading pleasure but to sum it up:

The Fail

I had assumed that I was connected to the thoughts of each employee and each department because I had a hands-on management approach and frequently interacted socially with my employees.  I assumed that the agency was well aligned internally and that that everyone was happy, felt valued and felt they had a voice, both on a project level and within the agency as a whole.

As I began preparing material for a company retreat, I scheduled short one-on-one meetings with all of my employees where I encouraged them to be candid with me. Through 34 one-on-one meetings over 3 non-stop, emotionally draining days, I learned how wrong many of my assumptions were. Here are a few specific learnings.

The Learnings

As a business owner this particular “fail” taught me…

1. Keep your eyes (and ears) open for “failures” and when you find them… admit them, learn from them and quickly take action to implement change.
2. Never assume that informal socializing with employees is good enough. You must regularly meet one-on-one with your employees in a professional, confidential environment where true sharing is encouraged and rewarded.
3. If given the opportunity, your employees will let you know when the company has fallen out of alignment. If this happens, get their opinions on how improve and let them know you are listening by sharing their suggestions with the whole company.
4. Take a hard look at what and how much you delegate – you may feel like you’ve handed over a substantial amount and given up a lot of control over your company – but often you actually haven’t. If you want your company to soar, embrace delegation on every level and truly give key pieces of control to your employees.
5. Get advice from other entrepreneurs. I was fortunate to have co-founded a group, called Starve Ups, of 18 founders of high-growth startups and I received a lot of trusted advice from the trenches. Additionally, I am part of another group of advertising agency owners called Agency Owner Roundtable which is run through the Portland Advertising Federation. Both of these groups gave me pointers of real-world experiences on employee advice, branding advice, and strategic direction that I couldn’t get anywhere else.

The Results

Here we are 2 years later and as an agency we’ve come a long way from the above “fail”. We have seen some awesome changes, implemented great processes and overall, better aligned ourselves internally to cultivate better communication, collaboration and creativity.

The “Process Team” we created in the summer of ’07, with a representative from each department, continues to be an integral part of implementing ongoing improvements to our process – both between and within departments as well as between us and our clients.

My employees have a voice – and they use it! Although many are comfortable speaking up when they feel there is reason to, we’ve made it a semi- annual practice to schedule a day of one-on-one meetings where employees are encouraged to meet with not just me, but anyone on the management team, and candidly talk about what they’re loving, hating, or frustrated with (i.e. processes, projects, or communication breakdowns). Following these meetings, the management team meets to review and discuss new strategic and performance related goals, as well as create an action plan for any needed change.

On a daily basis I am impressed and inspired by the level of work our team continuously produces as result of the open, collaborative environment we’ve created.  Of everything that resulted  from this particular “fail” my favorite remains this personal one – As a business owner,  I get an enormous amount of pride and satisfaction seeing my employees being truly passionate about eROI and seeing their continuous ability to reach new levels of synergy as a team, resulting in the accomplishment of work I never thought possible.

Guy Kawasaki bootstrapping image

Yesterday, Chanin Ballance (founder/CEO of viaLanguage), Mitch Daugherty (founder of Morange Design), and I (the eROI guy) got together to plan what we’d talk about for a webinar about Bootstrapping and our personal experiences with self-induced starvation and endurance thru the early days.  It was like catching up with old friends after a couple years – the instant bond entrepreneurs share in dredging up old stories that weren’t fun at the time, but are great memories in retrospect.  The OEN Webinar is set for June 17 (registration isn’t live yet, but will be shortly) and we’re going to use a different format than the usual put-your-audience-to-sleep-with-powerpoint.  We are going to try to re-create the casual, round-table discussion among entrepreneurs sharing candid stories.  Some of the topics will include:

– Risk vs Reward – How do you know if it makes sense to bootstrap your idea?
– Keep your Day Job – The stress of self funding with no income can sometimes lead to failure
– Cash Flow – How to get a handle on your most important business aspect
– How to market your business on a shoestring budget
– Why most business models don’t need funding as it can be a big distraction

Guy Kawasaki, in his old-school days before Alltop, delivers some awesome advice on this on his 2006 blog post titled “The Art of Bootstrapping”

“Portland fosters the creation of small, furry mammals rather than dinosaurs — the really big things,” said Kevin Tate, 35, CEO of StepChange Group, a social media advertising and marketing specialist in the Pearl District. The “dinosaur” model of big corporate campuses and regimented software development (think Microsoft — or even Google) is going by the wayside, Tate said, in favor of more informal and collaborative arrangements. Portland’s current high-tech foment positions the state well to capitalize when the recession ends, provided its technology entrepreneurs have the appetite to take it on.  “What happens when things start coming back?” Tate asked. “Will the small, furry mammals evolve?”

Nearly 9 years ago, 7 mainly tech start-up entrepreneurs co-founded a group called Starve Ups.  We all survived the dot com implosion, but were influenced by really wanting to scale our companies for growth.  Some Starve Ups companies have grown a little faster than others, but many contain a desire to do something world-changing with our companies through software, social good, amazing company culture or all of the above.  I really like Kevin’s quote because it is accurate and represents a strong contingent in Portland’s software community, but I think we need to be honest with ourselves that our dream is to do something bigger and be more like a lion than a forgettable Chihuahua.  So, how do we get there? Lack of capital is usually at the top of the list, but our biggest limitation is our mindset. Let’s grow game-changing, sustainable software businesses in Portland and tout Portland’s livability and balance as a BONUS, not a detriment to growth.

Comment below with your ideas of a more representative furry mammal for Portland.

However, I was with our NYC Director, Chris Masagatani, who is super talented and hilarious to hang out with while dashing to meetings all over town.  So, my NYC strategy was “Hear No Evil, See No Evil, Speak No Evil” in relation to all the news surrounding the markets crashing continuously.

Then, on the plane flight home to Portland on Wed night, I watched a little of Anderson Cooper and Suze Orman on the Jet Blue flight and Suze said the Dow could easily drop another 1000 points to 8,200 (little did I know that this would actually happen during the day 36 hours later).  This was on top of all the other stuff I had been trying to ignore – and the honest truth is that a lot of anxiety and a little panic set in.  It didn’t last long, but it was there for a brief moment that night.  Failed strategy #2.

I had the most relaxing, peaceful weekend with close friends and all of our families at Black Butte Ranch in Central Oregon (where I still managed to get a ton of work done) and I realized that the successful strategy #3 is to be aware of what is going on globally, but focus all of your energy on your own little world – your team, delighting customers, being frugal in how your company operates, stay calm, and exude positivity and optimism.  So, if an anxiety attack hits, remember to be happy dammit!

From: Ryan Buchanan
To: Tim Priest ; Mark Ganz ; Malia Wasson ; Eric Parsons ; Pat Reiten ; Peggy Fowler ; Steve Stadum ; Roger Hinshaw ; Bill Stoller ; Bob Jesenik ; Wes Lawrence ; Jim Mark ; Dennis Rawlinson ; Keith Leavitt ; Lindsay Desrochers ; Wally Van Valkenburg ; Don Krahmer ; Alan Johnson ; Randy L. Miller ; Scott Campbell ; John Bradley ; Jay Platt 
Sent: Tue Sep 09 23:51:47 2008
Subject: RE: September 9 Greenlight Board Meeting: thank you

—————————————————————–
From: John Friess
Sent: Monday, October 15, 2007 10:35 PM
To: List
Subject: Starve Ups 7 Years Later

Everyone,

Seven years ago this evening 7 companies met at the offices of Rumblefish in downtown Portland and founded Starve Ups. The founders of these companies (AssetExchange, Versation, eROI, viaLanguage, CoolerEmail, Rumblefish and wired.MD) met for about four hours that day as we discussed exactly what Starve Ups should be, what it should accomplish and where it should go.

That evening we decided that the group should be about providing one another feedback, resources and networks to propel our businesses forward. We decided that what it should do is make success the only business model worth pursuing and that eventually we should all get to our exit or existence strategy as defined by our teams.

Well since that time all 7 founding companies, though some have had name changes or have undergone corporate restructuring, have survived and have made it to profitability. One has been acquired and more are sure to be acquired within the next two years. We have collectively employed hundreds, we have sold product to tens of thousands and we have earned tens of millions. We have built two Inc. 500 companies and have provided viable business solutions in 6 of the 7 continents.

To date we have had a total of 32 membership companies, 27 of which are still in business and building or selling products and solutions. This is an 84% success ratio amongst our membership companies, where the national average after 7 years is approximately a 16-18% success ratio. We have built a brand with a single purpose and that is to ensure that we all succeed in our businesses through paying it forward. We have done exactly that as a group, as a team as Starve Ups.

Thank you all for a great 7 years.

John

————————————————————
My response:

This is awesome! And the cold, hard truth of it all is that Starve Ups would not exist if John Friess wasn’t driving it forward each and every day – you’ve done far more than you give yourself credit for.

With that said, congrats collectively to everyone on this list – we need to appreciate and celebrate our accomplishments – John’s email above shows all of us that we have legitimate things to be proud of with our companies.

Cheers,
Ryan

I fly over 2,000 miles to Chicago for the Inc. 500 Conference, and I run into two guys from my town, Portland Oregon, who I knew all about for the past 5 years, but never met. Eric and Jack (pictured with me above) originally started a company called Handyman Online in ’97 which grew quickly, but got derailed from a $24 million VC investment that ballooned its headcount and expenses before flaming out. Eric and Jack pulled that business model (of selling valuable leads to contractors) out of the ashes, and have built an incredibly successful, high-growth, non-funded company called ReliableRemodeler.com. Looking forward to continuing the relationship in Portland, now that finally met each other in Chicago.

I just returned from the Inc. 500 Conference, and I must admit that I am a complete evangelist of Inc. Magazine, Inc. 500, and especially the Inc. 500 Conference. As an entrepreneur and leader of a scalable, high-growth company (eROI), there is nothing better than being around other entrepreneurs who are dynamic, innovative, and going through the same fight in the trenches as I’m in. President Clinton was the keynote and clearly impressed the audience by driving home the value of entrepreneurial mentoring, empowering entrepreneurs from a micro-lending perspective in the global marketplace, innovation in the areas of cleaner, greener, independent energy sources, health and wellness reform from a cultural perspective. I can’t tell you how refreshing it was to hear a U.S. President that could actually speak intelligently about issues that matter (to me).

While Clinton was the initial draw, there were 3 big reasons why this conference was better than any I’ve ever attended in my life:

1. Getting recognized in business happens rarely, and the whole conference made all 1,000 of us (Inc. 5000 was included in the conference which was a huge success) feel like Hollywood stars.

2. I connected almost instantly with 6 other entrepreneurs from all over the country who had so much to offer on a personal and business level, that we ended up talking and socializing until 4am a couple nights in a row.

3. The speakers were THAT GOOD. One highlight was a guy named Tom Szaky who dropped out of Princeton after visiting buddies from his hometown in Canada who were successfully growing very healthy marijuana plants using a liquified form of worm poop (yes, worm poop)! Tom created a conveyor belt system to take a huge amount of food waste and have worms eat it and poop it out into containers. His company, TerraCycle, makes all of its products and its packaging out of waste. It’s 100%, completely eco-friendly. Tom delighted the crowd with a charismatic presentation.