Tolu Babalola posted an article on
Generation-Y Startup
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Jul 14, 2011, 9:32 am
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When I first came up with the idea for College2Startup, my most important market test wasn’t to go out and ask if people liked it or not. I honestly could care less about that – fact. On the other hand, the first question I asked myself and I encourage every first time entrepreneur to ask... Comment - Like
Tolu Babalola posted an article on
Generation-Y Startup
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Jun 23, 2011, 12:12 pm
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There has been a lot of argument for and against stopping school to start a startup. Getting an education has always been prestigious because it opens doors for you, it helps you get a great job, it gives you immediate ‘substance and credibility’ in the eyes of most people you interact wi... Comment - Like
Tolu Babalola posted an article on
Generation-Y Startup
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Jun 14, 2011, 1:29 pm
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Startups are always looking for qualified employees, startup jobs are very different from most jobs be it technical or non-technical and as a result the demand for the very best has always been sky high. A few weeks ago we readanother story of a startup offering new employees up to $10,000 u... Comment - Like
Tolu Babalola posted an article on
Generation-Y Startup
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Jun 11, 2011, 12:44 pm
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* This post was initially written on the College2Startup Blog.
OH: “Startups are a whirlwind, you are more likely to fail than succeed, but you are bound to leave with broader shoulders.”
I once heard that quote at a startup meetup in NYC and I completely agree. It’s the main reason I... Comment - Like
Tolu Babalola posted an article on
Generation-Y Startup
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May 9, 2011, 8:02 am
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Disclaimer: I am not writing any of these to brag, just to encourage first time entrepreneurs who are finding it difficult.
I recently put out my new app wolfpacktales and like any Entrepreneur will do, I pitched the big name blogs/sites. As it usually happens, I didn’t even get a response... Comment - Like
Tolu Babalola posted an article on
Generation-Y Startup
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Mar 21, 2011, 8:56 pm
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“I need to come up with a way of implementing ‘competition and rewards’ features on my app, I am sure people will be more excited about it then. Gamification is the new black” explained James Dean, a 22 year old product manager for a tech start-up in NYC. (Sidenote: ‘Gamification’... Comment - Like
Tolu Babalola posted an article on
Generation-Y Startup
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Mar 15, 2011, 6:42 pm
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Genystartup itself started as a blog some 2 years back and all I did on here was write about things I read in books, saw on the internet and heard at networking events about startups and entrepreneurship. Over time, I threw myself at it and involved myself in the startup culture. I began cons... Comment - Like
Tolu Babalola posted an article on
Generation-Y Startup
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Mar 2, 2011, 11:49 am
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I don’t like when I go weeks without blogging, hate when that happens. Anyway, in other news, something I’ve been working on is coming together quite nicely. Here’s a screenshot (click for larger image)…
Oh and I could actually use help testing and finding bugs!! send me a tweet (@ge... Comment - Like
Tolu Babalola posted an article on
Generation-Y Startup
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Jan 26, 2011, 1:25 pm
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I have found Quora to be a pretty useful resource over the past few days, I read a lot of the Entrepreneurship and start-up streams and I gain a lot. Will it live out the hype? No idea. Anyway, someone asked the question earlier “how do you define traction?” and I think it’s very intere... Comment - Like
Tolu Babalola posted an article on
Generation-Y Startup
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Jan 25, 2011, 10:30 am
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There is this general misconception that Entrepreneurs have about beating their competitors, acquiring new users and keeping old customers. Many believe that if they cut back on unit pricing just that little bit more, they will gain more customers and in turn improve sales. I think to an exte... Comment - Like
Tolu Babalola posted an article on
Generation-Y Startup
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Jan 21, 2011, 11:32 am
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Start-ups keep springing up everywhere and as a result, there’s demand for more web professionals, designers and developers. I have been in that position before, where I needed to find someone to either handle my social media, or design my sleek web pages and had to resort to posting on Cra... Comment - Like
Tolu Babalola posted an article on
Generation-Y Startup
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Jan 20, 2011, 9:20 pm
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Image via Wikipedia
News broke earlier this afternoon that long-time CEO of Google, Eric Schmidt was stepping down and Co-founder Larry Page would resume that position starting April 4. That’s a big deal considering that Schmidt has been at the helm for well over a decade, a decade in whic... Comment - Like
Tolu Babalola posted an article on
Generation-Y Startup
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Jan 20, 2011, 10:14 am
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Last weekend was Baltimore start-up weekend for ‘Gen-Y’ entrepreneurs. It’s an ever changing summit that welcomes dozens of fresh faced teens and 20-somethings who have seen ‘The Social Network’ and also want their face to grace the cover of People magazine. Many seem misguided and ... Comment - Like
Tolu Babalola posted an article on
Generation-Y Startup
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Jan 11, 2011, 7:15 pm
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On of my favorite things to do is to connect with fellow Gen Y entrepreneurs who have worked hard and are successfully building their own unique brand, so when I got my hands on a copy of Scott Gerber’s new book – Never get a real job – I immediately felt an air of excitement. Scott is ... Comment - Like
Tolu Babalola posted an article on
Generation-Y Startup
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Dec 26, 2010, 11:46 am
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Image by fintbo via Flickr
“You have chosen the wrong path if it’s not fun. And you are probably not taking enough risk if it’s not hard and rocky sometimes.” – Marc Benioff (Co-founder, SalesForce)
I listened to a motivational speaker give one of his inspiring 10 minute speech y... Comment - Like
Tolu Babalola posted an article on
Generation-Y Startup
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Dec 15, 2010, 11:51 pm
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In an age where people celebrate the founder of Facebook more than they celebrate kings and leaders of nations, it’s not surprising that 60% of a polled 5,000 high school seniors said they want to start their own business rather than get a “dream job”. The times have changed and the new... Comment - Like
Tolu Babalola posted an article on
Generation-Y Startup
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Nov 15, 2010, 11:25 pm
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Regardless of what your business is about, I have this theory that viability is only achieved if you have an understanding about the market behavior of whatever space you are hacking. It doesn’t matter how smart you are as a founder or how much money you have in the bank to build your compa... Comment - Like
Tolu Babalola posted an article on
Generation-Y Startup
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Oct 28, 2010, 4:41 pm
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Someone once told me at a tech meet-up some months back that competition is the best way to judge if an idea is good or bad. “When there are other entrepreneurs interested in building a similar product to what you have, pat yourself on the back and get to work” he said. Competition is eve... Comment - Like
Tolu Babalola posted an article on
Generation-Y Startup
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Oct 20, 2010, 9:19 am
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Most failed startups won’t run a post-mortem and report back that they failed because their idea was bad, the most popular analysis have always shown that it’s one of three things: poor customer acquisition, inability to raise sufficient funds or issues with the team. Usually you will be ... Comment - Like
Tolu Babalola posted an article on
Generation-Y Startup
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Oct 12, 2010, 9:03 am
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Entrepreneurship is not just about being able to build a company from idea up, it has a lot to do with the ability to conceive the idea first. I look around many times and keep seeing clones of Twitter, Groupon, Facebook etc.. so it’s always refreshing to see startups that attempt to do thi... Comment - Like
Tolu Babalola posted an article on
Generation-Y Startup
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Oct 8, 2010, 9:54 am
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User acquisition is perhaps the toughest part of building a successful startup. It could be frustrating and could drag on for ages but it could also be a pleasant experience if you are lucky. No doubt luck plays a good part in your website getting about 1 million hits in your first month, but... Comment - Like
Tolu Babalola posted an article on
Generation-Y Startup
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Oct 6, 2010, 12:06 pm
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Since this blog primarily focuses on First-time Entrepreneurs, I have cut back a lot of what I have to say about VCs, term sheets etc… and have focused more on branding, initial strategy, bootstrapping and Angel Investors. For most entrepreneurs in the early stage of their startup, angel in... Comment - Like
Tolu Babalola posted an article on
Generation-Y Startup
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Sep 24, 2010, 5:34 pm
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Image by TC50 via CrunchBase
So I suppose by now, everyone is well aware of all the shenanigans that’s been taking place in silicon valley lately? Yeah, the one involving a bunch of rich guys who have called themselves “super angels”. I am not trying to make conclusions with this blog ... Comment - Like
Tolu Babalola posted an article on
Generation-Y Startup
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Aug 20, 2010, 10:52 am
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Nothing is more rewarding for any business than taking an account away from a competitor. Successfully persuading a competitive user to leave their existing vendor for you takes an enormous amount of patience, skill, and strategy. Unfortunately, most business people don’t approach the strat... Comment - Like
Tolu Babalola posted an article on
Generation-Y Startup
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Aug 3, 2010, 11:34 am
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Yesterday afternoon I took a break from being so busy to catch up on news making rounds in the tech world and one that particularly caught my eye was Adam Ostrow‘s Mashable piece: Social Networking dominates our time spent online. I wasn’t really surprised by the stats, I mean everyone sa... Comment - Like
Tolu Babalola posted an article on
Generation-Y Startup
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Aug 2, 2010, 9:27 am
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In my most recent blog post, I stressed the need for Startups to focus on gaining early adopters before looking for any sort of funding whatsoever. These days, the cost of building a tech start-up is considerably less than it used to be, Dave McClure knows all about that and was kind enough t... Comment - Like
Tolu Babalola posted an article on
Generation-Y Startup
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Jul 29, 2010, 11:50 am
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First of all, I think it’s necessary to say sorry to the readers who e-mailed me about my lack of blogging for the past few weeks bar the Causerific intro blog. I had spent a lot of my time trying to finish up work on the project that my blogging suffered. Now that it’s done (for ... Comment - Like
Tolu Babalola posted an article on
Generation-Y Startup
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Jul 15, 2010, 2:13 pm
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After 4 weeks of work and planning, I finally released my latest project today, 15th August to the public. As expected, it is only a partial beta release. I say ‘partial beta release’ because there’s a lot of growth space for the project and many things I plan to add. Ok bac... Comment - Like
Tolu Babalola posted an article on
Generation-Y Startup
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May 27, 2010, 12:45 pm
This is a guest article by Rick Mathieson, Author of The On-Demand Brand: 10 Rules for Digital Marketing Success
in an Anytime, Everywhere World.
#1: Don’t Ask How, Ask Why
Just because social networking is hot, that doesn’t mean its right for
every new business. Don’t just ask... Comment - Like
Tolu Babalola posted an article on
Generation-Y Startup
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May 17, 2010, 3:00 pm
Image by theps.net via Flickr
“If people don’t talk about me (whether it’s the truth or falsehood), then I worry. Because it means I ain’t nobody. So either way people better be talking about me.” – 2face
Public Relations is never an easy game, it’s tough,... Comment - Like
Tolu Babalola posted an article on
Generation-Y Startup
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May 3, 2010, 11:23 am
Image by eschipul via Flickr
Of dreams, not nightmares
” you might as well dream big, since it’s a dream. It doesn’t cost you any more to own a Lamborghini in the dream than it costs to own a Bicycle” – Unknown.
There once lived two boys in a small township. Boy A, g... Comment - Like
Tolu Babalola posted an article on
Generation-Y Startup
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Apr 21, 2010, 11:25 am
Leaguescape, a recently launched poker-modeled Fantasy Sports site is trying to provide the one-stop shop for all things betting on Fantasy Sports. Following the online poker business model, Leaguescape is trying to revolutionize the Fantasy Sports industry as PartyPoker did poker.
In 2003, an acco... Comment - Like
Tolu Babalola posted an article on
Generation-Y Startup
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Apr 19, 2010, 6:41 pm
Image by Qfamily via Flickr
Outsourcing is something I do quite abit. I have been an advocate for well over 3 years now and have enjoyed it for the most part. It’s cheap, easy and time efficient. My favorite thing about Outsourcing is the fact that I could have a heap of work to get done befo... Comment - Like
Tolu Babalola posted an article on
Generation-Y Startup
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Mar 29, 2010, 3:55 pm
Image by wilbertbaan via Flickr
I have been doing quite a lot of Marketing and PR work lately both for myself and other brands/startups I am involved with. The more time I spend doing it, the more I discover unusual but very cost effective ways people are starting to get the word out. Many startups... Comment - Like
Tolu Babalola posted an article on
Generation-Y Startup
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Mar 7, 2010, 12:06 pm
Image by alonuziel via Flickr
Chatroulette, for those who don’t know is the webcam network that lets you see and chat with complete strangers picked at random. It is the new web phenom and everyone is talking about it, from CNN to hallways in high-schools around the country. It is very easy t... Comment - Like
Tolu Babalola posted an article on
Generation-Y Startup
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Jan 19, 2010, 11:30 am
While there’s no shortage of blog platforms out there on the market, most of them are basically a re-hash of the same old things. If you want simple blogging, options exist, but they are usually quite limited in what they let users do.
ReachBy.com is a simple blogging platform with some new a... Comment - Like
Tolu Babalola posted an article on
Generation-Y Startup
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Nov 26, 2009, 12:58 am
Image by Ed Yourdon via Flickr
I have been unable to really blog as much as I would have liked to lately, but there’s a good reason. I have been quite busy with some consulting work I am doing for this amazing start-up called Gaucho and my own new venture: Videfy. The most important feature o... Comment - Like
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