Erich Stauffer

Tag: Meetups

  • What Do Meetups Mean to You?

    Recently, Aaron B. Hockley wrote about, The Dirty Little Secret of Attending Meetups. Aaron states that he doesn’t go to meetups to learn, but “to meet interesting people.” Having written about Meetups extensively in the past, I decided to comment:

    “I go to meetups to learn new things, things that aren’t taught in any class, things that you wouldn’t have learned if you hadn’t been in a group setting to learn them. There are things that happen in group dynamics that don’t happen while reading a blog post on how to do something. But to your point, the people make the difference and if you go to it with that mindset of just wanting to meet interesting people, then learning or networking or anything else is just a bonus on top of that.”

    Unlike Portland, Indianapolis doesn’t have an Instagram meetup, but any photographer could create one. It does have a WordPress meetup – two of them, in fact. Indiana may not be the west coast, but here’s 4 reasons why Indiana entrepreneurs rock.

    Here’s what Meetups mean to me. What do Meetups mean to you?

  • Mesh Networking

    In one of my last posts about networking in Indianapolis, Jeremy Houchens of Pro Media Publishing said, “Thanks for including the links to the local events!”, which when juxtaposed against a recent comment from Ashley Hardy of ANH Media about how, “You know all the networking events in Indianapolis”, and it made me wonder if I really had become a source for Indianapolis networking knowledge.

    Jeremy, Ashley, and I are all business owners with loose affiliations and referral partners that allow us to sustain and grow without the burden of an employee/partnership relationship. This is more than just the gig economy‘s freelancers who are in the business of creating jobs for themselves. This is about building bigger companies with less employees. It’s The Startup of You without the Long Hallway. It’s Mesh Networking.

    Now I know ‘mesh networking’ is already a term for interconnected devices who can communicate to use each other as nodes on a network, but that’s exactly what I’m suggesting these new types of solopreneur businesses are. The business owners are the ‘devices’ and through each other, they find work.

    3 Ways you Know You’re a Mesh Networker

    1. You’re a power connector – a power connector connects two people who didn’t previously know each other, thereby helping two people at once. Mesh networkers need to be power connectors in order to leverage their networking time.

    2. You’re building a business, not a job for yourself – like Steven Covey, you begin with the end in mind and that end does not include you being in the employee corner of the Cash Flow Quadrant for long. Your end goal is lower-right and you’re moving there as fast as possible.

    3. You’re not interested in partnerships and employees right away – you’re more interested in finding the right referral partners who can funnel business to you while you’re funneling business to them. It’s all about strategic partnerships and selling first.

    7 Indianapolis Networking Events You May Not Have Heard Of

    1. Power Circle Network – PCN is a free version of Rainmakers and BNI-type networking that meets weekly on the north side in Carmel, Westfield, and Noblesville; on the east side in Broad Ripple, Cumberland, Greenfield, and New Palestine; on the south side in Greenwood, Southport, Beech Grove, and Franklin; and on the west side in Avon and at Initech Park.

    2. Linking Indiana – a Facebook and Smaller Indiana group that holds monthly networking events with a training session – usually with a speaker, but sometimes simply fun exercises like “speed networking”. In the past the events have been at the Rathskeller downtown, but they could be anywhere in the future so sign up for the Facebook group to stay informed.

    3. Meetup.com – after 9/11 the founders wanted to use the Internet to help people meet together in person around topics they loved or found interesting. It just so happens that meetups (as they are called) can also be used to network with other like-minded individuals. I currently run a meetup on Indianapolis Marketing. Most meetups are free. Verge Indy is currently the biggest meetup in Indianapolis.

    4. BNI Indiana – Business Networking International is a networking group that meets weekly in groups all around the Greater Indianapolis area. It’s a paid membership group, but this and the strict attendance rules means the members are more likely to come. Seeing the same people week after week leads to trust and more referrals. You can attend each BNI meeting twice for free to try them out.

    5. Glazer Kennedy Insider’s Circle Indianapolis aka “No BS Indy” – you won’t see this billed as a networking group, because it’s not – but anytime you get a room full of business owners in one place, networking is bound to happen. Scott Manning teaches business owners how to grow their business as fast as possible and charges them for this information, but you can go twice for free.

    6. Blog Indiana – this conference is an annual event for bloggers and Internet marketers hosted by Noah Coffey and Shawn Plew. It’s a chance to meet the big players in the business like Douglas Karr, Erik Deckers, or Tricia Meyer. It’s also a chance to meet up-and-comers like Ben Risinger who built DoItIndy with Scott Tolin and just recently founded Somnium Media with Stephanie Eppich Daily and Susan Decker. It’s a two-day event.

    7. The Combine – this conference is also an annual event for startups, which is sponsored by, among others, Sproutbox. Like Blog Indiana, The Combine is a two-day event, but it’s in Bloomington spread over the IU campus. This is where I saw Merlin Mann speak and I met Cedric Savarese, the founder of Form Assembly, and up-and-comer Nick Tippman, both of whom I invited to Verge Indy (’cause I’m a mesh networker).

  • How I Made it as an Entrepreneur

    I got this email from an old friend today and wanted to post my reply to him:

    So how are things at Watershawl these days? You still able to make a living off of it all? I’m pretty anxious to hear all about what you’ve got going on these days. It seems like you’ve been away for a while now… it was sink or swim time and you swam!

    I’ve got that itch again. You know the one where I want to make money my way. I won’t lie they really take care of me there, and I’m learning tons every single day, but I’m starting to read blogs about making money from home and what not again. And it reminded me that I haven’t checked in with you for a while on where you’re at.

    Take Care,

    Jake

    My experience at Watershawl can best be described by the attached picture, but yes, I’m able to make a living off of it. The issues I have are not unique to my business though and that’s cash-flow (you know, the stuff the Cash Management guys talk about all the time). What that means is that although I make enough over time, it doesn’t always come in at the same rate I need it to go out for bills. In other words, it averages out alright, but isn’t always timed right. For example, this month I’m scheduled to make a $400 profit over my bills (something that never hardly happened when I had a normal job), but right now I don’t have anything. It’s like that pretty much every month and that’s because I didn’t have a savings account (and still don’t).

    I don’t think the itch to leave will ever really go away (unless you die inside), but there are ways to test the waters before you jump in. First of all, start thinking of your job as your biggest client and try to stop ‘expecting’ a paycheck and start trying to ‘earn’ a paycheck. This will put you in the mindset you’ll need when dealing with clients outside of a employee relationship. When I left I had 1 boss, but now I have over 20 (the number of current clients). My time is not my own. It wasn’t then and it isn’t now. I have to work for them just like I had to work for my old job. The difference is that if I work more, I get more (and I can charge more). I also get to sleep in and do whatever I want. 🙂

    My recommendation to you would be to take advantage of where you’re at and LISTEN to what people are saying. What I mean by this is if you can start to hear what people’s problems are, stuff they complain about, and/or what their pain points are, that’s the beginning of discovering a product, service, or business that you could start in order to solve that need. You’re in a better position in some ways than I am for finding out that information. I would love to find out what problems commercial loan officers have or what problems their clients have. If you can find a problem that you can solve + a customer that is both willing and able to pay for that solution, you have a business idea.

    The key is to iterate your business idea until you have what’s called a product/market fit. Eric Ries talks about this in his book, Lean Startups, but you can also read Steve Blank‘s work on it. They’ve worked together so they have similar ideas. But basically, the premise is to 1) discover a problem 2) hypothesize a solution 3) interview potential customers about the solution 4) refine the solution. Once you get to a product that the customer would be MAD at you if you took away from them, you have a product/market fit and then you get funding and build like crazy. There are other subtle variations (like starting with a product instead of a customer), but being customer-centric in everything you do will pay dividends.

    One idea that I don’t mind sharing with you is a “LED light bulb replacement service” where you go to a company like a bank and say, “I’d like to save you 40% off your lighting bill and would be happy to show you how it works by converting one of your branches to LED lighting at cost – if you like it, we’ll do the rest of your branches too, if not, we’ll go on our way and thank you for your time.” Essentially, you’re going in, finding out how many bulbs they have, estimating the cost upfront and the cost savings, and then swapping them out in one day. You can even do a buy-back on existing fluorescent light bulbs that you can either trash or sell to someone else.

    A typical day for me is waking up around 8, checking my email for emergency work, working on some projects for customers (usually web edits), reading up on subjects in my field, visit a customer at their location or at a restaurant for a meeting, attend a networking meeting or meetup at night, and then in bed by midnight. I recently joined a networking group called BNI and am active on Meetup.com. I run my own group called Indianapolis Marketing and attend several others as well as Tech Point meetings, which are put on by a partnership with the State of Indiana. I use blogging to content market online, but that’s less successful than in-person networking for me. I’d be interested in hearing what you’re working on at work or in your ‘spare time’.

  • Lean Startups

    Indianapolis Lean Startup Circle

    James Paden, VP at Compendium and Mentor at Indianapolis Startup Weekend, spoke at last night’s Indy Lean Meetup about the difference between bootstrapping and lean startups. While both conserve cash whenever possible, their goals are different. Lean startups aren’t opposed to accepting funding, they just shouldn’t take it until after some customer validation has occurred.

    From Iteration to Execution

    As you can see from this chart, in lean startups, the process starts with customer discovery, then goes to customer validation. The arrow back to customer discovery indicates revisions until a product/market fit is established and the process can move over to customer creation and eventually company building. While the goal of bootstrapping is to build without incurring debt, the goal of lean is to learn from short, iterative processes (the discover and validation phases) AND to build the company as fast as possible.

    The Lean Startup

    As Matthew pointed out on my book recommendations page, The Lean Startup by Eric Ries is a great book to help your startup get started right. But what I didn’t realize until attending last night’s Indy Lean Meetup was that lean was a part of the agile method.

    The premise of The Lean Startup is to, “Apply lean thinking to the process of innovation.” After reading this book, the next time you go to make a new product or start a new company, you’ll be asking yourself, “Can we build a sustainable business around this set of products and services?” and you’ll start to look at customer requests/desires differently than you may view them today. Using innovation experiments explained in the book, you’ll be able to determine whether a new product or service is required or simply a tweak to any existing product, but Ries warns, “Stated customer feedback is not always an accurate reflection of actual need/desire.”

  • Agile Indy

    Last night at the Agile Indy meeting I learned a little bit about what Agile is. At it’s core it’s a focus on people and teams power to get things done by communicating. Agile facilitates that movement from the individual to the team and from idea to implementation. It’s similar to lean principals when it comes to short, iterative product development cycles.

    Retrospectives

    We did what they call a “retrospective” which involves these steps:

    • Brainstorm
    • Cluster
    • Prioritize
    • Action
    • Commit

    For the brainstorming session, we were looking for topics the group wanted to discuss or cared about. We used the default star-pattern of, “What do you want to…

    • = Stay the same
    • > Do more of
    • < Do less of
    • – Stop doing (it’s hurting us)
    • + Start doing

    The brainstorming is done with a “one-in-hand” post-it note process where everyone writes one thing, then puts it on a wall or board. The “Cluster” process then uses the team to sort the post-it notes into categories using the same “one-in-hand” method. Seven random people are then asked to assign the clusters into seven different categories. The group then is allowed two dots each to assign importance to the categories. One dot on two categories or two dots on one is allowed. The two most popular categories then go into discussion and from that discussion, 5 action items are created. The last step is to commit these action items to being done and completed.

    This is just one part of Agile. There are terms like SCRUM and SPRINT, neither of which I know what they mean (yet). I recently wrote about the Agile meetup as part of the broader category of what meetups mean to me, but I felt there was enough material from last night’s meeting that it deserved it’s own post.

    The most popular book on Agile in Amazon doesn’t even mention Agile in the title. Little Bets: How Breakthrough Ideas Emerge from Small Discoveries, is a book about achieving breakthrough results by, “methodically taking small, experimental steps in order to discover and develop new ideas.” The author, Peter Sims, researched what went on behind the scenes of some of the great achievements and innovations we witness in today’s world. He said, “Most of them weren’t the epiphanies of geniuses, but instead the result of masters of a specific type of experimentation. To find out the common elements of their experimental approach, I reviewed empirical and neuroscience research about creativity and innovation, and interviewed or observed dozens of people about their approach, including Army counterinsurgency strategists, architect Frank Gehry, agile software development teams, stand-up comedians, entrepreneurs who had self-financed billion dollar businesses, the rapidly growing field of design thinking, and musicians like John Legend, as well as executives inside a range of organizations such as Amazon, Pixar, Procter & Gamble, Google, 3M, General Motors, and Hewlett Packard.” As one reviewer wrote, “Constant experimentation (‘learn by doing’) is fundamental to this approach – and I would add, fundamental to Agile.

  • What Meetups Mean to Me

    In January of 2005 I started my first Meetup called Indy Game Dev. One person joined and together we started to code a game. I didn’t know how to code a game. I had just graduated college with some Computer Science classes where I had to make a few small games in Visual Basic.NET, but I didn’t really know how to make a game.

    We started out meeting once a month, and then weekly at his house in Noblesville. He didn’t even have his own computer so we had to use the computer in his mother’s bedroom. I researched gaming engines and different programming languages, but we ended up going with a type of game similar to the NES game, Shadowgate.

    We had agendas and a group logo. We created the first screen in the game and started working on the story line, but then that’s when things started to fall apart. In April of 2005, Meetup began charging group owners a fee for hosting a group and the bottom sort of fell out as far as my desire to make games. What I realized is that I didn’t want to make games, I wanted to learn how to make games. Once I did that, my interest level was gone. My partner continued the group and the game for a while after I left, but I didn’t really start going to Meetups again until three years later in 2008.

    A Brief History of My Career

    I worked full time for the last two years I was in college and then immediately after helped a friend start a computer repair business on the side while continuing to work full time. It was during this time that I started going to Meetups, but I didn’t start going again until I left that job I had through college, started my own business, and got a new job in IT in October of 2007. This is when having a day job and going to meetups felt like I was living a double life. During the day I was a computer technician for an IT company and by night I was a web designer wanting to learn more about Adobe products or PHP.

    Through web design and SEO work, I was introduced to the world of affiliate marketing and started making money that way too. Eventually my web design customers started using me more for their technical needs and I began acting as their outsourced IT firm, or simply, their “computer guy.” Eight months after doing IT full time, I became a business analyst at a mid-sized, regional bank. By August of 2011 I was making enough from all of my side ventures to go at it alone so I quit my day job and went full time on my own. That’s when I really started to take advantage of meetups.

    Why Go to Meetups?

    To Socialize

    When I worked for other companies I was around other people all day long. We had meetings. I sometimes got to go places on the company’s dime. Some of these times were good. Most of them were not noteworthy. However, once they were gone, I started to miss that in my life. Sure, I met with clients occasionally, but for the most part I stayed in my office at home. While my family is a joy to me, there is a certain need to go beyond that and meetups can help with that. I wouldn’t go as far as to say I’m lonely, but there is a certain amount of Edward Norton’s Narrator that goes through my head when I visit a group for the first time.

    To Form an Identity

    What consistently meeting new people does to you is to help define who you are. This is partly because of the amount of times you have to explain who you are and what you do to new people, but also because simply by going to a particular group, you are associating yourself with that type of person. I’m currently a member of 16 meetups: Affiliate Freelancers Indianapolis, Affiliate Summit Indianapolis Meetup, AgileIndy, Central Indiana Entrepreneur’s & Vendors, Coaches, Consultants, Authors, Speakers & internet marketers, Esri Dev Meet Up Group – Great Plains, Geeks with Swag, Indiana Small Business Networking, Indianapolis Lean Startup Circle, Indianapolis Marketing Group, Indianapolis Search Engine Optimization & Internet Marketing, Indy Cowork, IndyDevHouse, TechLunch, Verge, and the WordPress – Indianapolis Meetup Group. I recently spoke at the affiliate marketing group, which gives me credibility with the speakers group, even though I already am a consultant.

    To Learn

    While I have been encouraged to get my masters and have gone back to school for Microsoft, A+, and Network+ certifications, meetups allow a different type of continued education in a wider array of fields. They are also the fields you’re most interested in learning about, or else you probably wouldn’t have signed up or gone to the meeting. Even though I’m profitable with affiliate marketing I still learn things from my affiliate marketing group, but a better example may be the Agile Indy group I attended last night. I had no idea what Agile was, but I kept hearing it and seeing it so I wanted to find out more about it. I wanted to learn. I can’t say I’ve gone to a traditional classroom much with that mentality. If you’re interested in what Agile is, review the Agile Manifesto or visit David Christiansen’s blog, Technology Dark Side. Speaking of affiliate marketing, David makes $2000 a year from advertising Rally Software on his blog. Rally sponsored last night’s meal, which brings me to my next reason.

    To Eat

    Most meetups either serve food or meet at a restaurant where there is an opportunity to eat food. If you enjoy breaking bread with your fellow man around a topic you love, what better place than at a meetup. The early Christian church would call this their communion time, while the modern church might call it “small groups”. What are meetups, if not small groups of people, passionate about a topic? One exception to “small” may be Verge Indy, which currently has 1,280 members and regularly has to limit members to their events at Developer Town. Most meetups who serve food serve pizza and most of the time it’s free, but there’s no such thing as a free lunch so be prepared for the corporate sponsor to pitch their goods to you. Don’t worry if you’re not interested, maybe one day you will be. Maybe one day you’ll be the sponsor.

    To Travel

    You probably can’t just walk into Miles Design or Allegient‘s offices, but that’s exactly what I did when I attened Joomla Indy and Agile Indy, respectively. While Joomla Indy isn’t an official meetup, it still meets regularly, in-person, around a topic, which is what meetups are all about. Tonight I’ll be attending the Lean Startup at Green is Good off 86th and Zionsville Road and the Esri meetup at Harry and Izzy’s on Illinois Street, downtown Indianapolis. When I was a business analyst I got to visit the Greater Indianapolis Chamber of Commerce’s board room once, now I’m visiting new board rooms every month.

    To Network

    If you’ve ever been told that you need to get out of comfort zone to grow, meetups are a great way to do that. Most of the people at the meetup I attend, I don’t know before attending. In fact, it’s actually rare for me to know someone there at all. However, once I’ve gone once, I do at least recognize them and can start to get to know them. Networking is a natural result of getting to know other people and meeting new people. Sometimes business cards are passed around and sometimes they are not. Meetups that are specifically setup to network don’t seem to be as popular as ones that are setup around a specific topic. What makes Verge so popular is that it brings together inventors, startups, and venture capitalists with those interested and willing to help. The energy there is intense and the barriers to entry are low. There is no fee for most events, food is provided, and those attending get the chance to pitch and network with others. It’s a great mix.

    To Succeed

    Whatever you’re trying to accomplish, there is probably a meetup out there to help you do it. Whether it’s meeting like minded people for encouragement or collaboriation, or learning from others who have paved the way before you, meetups can help you become a success. As Eric Willke, agile adviser and speaker at Agile Indy said, “Know you can succeed,” and to that I add – “and you will.”