Welcome Sean Percival

by Ryan on April 29, 2011

Sean Percival

We’re pleased to announce that today we’ve added Sean Percival as an advisor at AudioMicro, Inc. For a little background on Sean, he’s been an integral part of some of the most successful LA internet companies including MahaloDocStoc, Tsavo & lalawag and today he’s the VP of Online Marketing for MySpace.

Sean and I re-connected recently at The Launch Conference, where we (AudioMicro)  released our new sites.  Being an extremely talented graphic designer and artist, Sean’s took a natural interest in our new content marketplaces – ChooseTattoos (tattoo designs), ImageCollect (celebrity pictures), and Cartoonsy (cartoons).  He’s been offering such valuable advice that we decided to make it official and bring him onto the team as an advisor (stock options and all).

Sean was once asked about giving advice to people starting out in the online marketing world, to which he responded…”Know two things, SEO and Photoshop.”  Having gotten to work with Sean a bit over the recent weeks, he knows SEO, Photoshop, and a heck of a lot more and we’re excited and humbled to have him assist.  Welcome to the team Sean!  We’re very grateful to have you on board and look forward to continuing to build AudioMicro with you.

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Every Day I Try and Get Rejected

by Ryan on April 12, 2011

Jack Welch and Suzy Welch Photo

Being an entrepreneur isn’t easy.  You get rejected a lot.  Whether it’s trying to chase down a new customer, pitching investors, recruiting new content providers, sending cold emails / cold calls to partners, journalists, and colleagues, there are just so many times when you’ll be rejected.  Rejection itself can take many forms.  A more polite rejection would be a terse “No thank you” response or the more frequent no reply.  Sometimes it takes on the more harsh form of  “Go f@ck yourself” or some variation thereof.

It’s certainly common to take a rejection as an indication of failure, and it’s the fear of failure that serves one of the primary reasons that people shun away from starting a business, engaging in a new relationship, or otherwise “hanging out their shingle”.  It’s this exact fear of failure that so that often prevents good people from being entrepreneurial.  They’re afraid of the daily moments of rejection that come along with creating something new and / or working for oneself.

To make it as an entrepreneur, YOU HAVE TO LEARN TO EMBRACE REJECTION.

I’m lucky in that somewhere along the road I developed thick skin.  Perhaps it was growing up with an older brother or maybe it’s something I just picked up along the road.  Wherever I got it from, I learned to embrace and welcome rejection.  Rejection started happening to me so often that instead of letting it get to me, I decided that I should use it as a motivator.  Allow me to give an example…

Back in late 2004 I wanted to be a photographer.  At the time I was working for the world’s largest celebrity photo agency, WireImage, as Controller.  But I wanted to do more than just crunch numbers, I wanted to shoot celebrity events.  Because I’m a CPA, it’s often overlooked that I’m creative.  Somehow the CPA designation (which took me just 2 years to get) overshadows the fact that I majored in Art History in college (w/ a minor in Studio Art) and that I’ve been studying and creating art (oil paintings, sculpture) since I was 10, and have received a number of awards and displayed in national museums. Nevertheless, when I asked the assignment desk at WireImage if I could shoot, they rejected me.

Instead of letting this rejection get to me, I used it as a motivator. I went out and found events that the desk wasn’t already covering.  At the time, no one was shooting book signings.  My first book signing was with Jack Welch, the former CEO of GE.  I went to Borders on Wall St, just down the block from my apartment in NYC.  I bought Jack’s new book and got in line for an autograph.  When I got to the front of the line not only did Jack sign the book for me, but he also let me take a few quick photos of him and his wife Suzy. Following the event, I showed the pics to the assignment desk that had rejected me, and they agreed that because I was the exclusive photographer at the event, I could load them to WireImage.

The images were quickly picked up by 60 Minutes who was in the process of doing an interview with Jack.  It’s the image you see at the beginning of this post.  I went on to photograph hundreds of events over a 3.5 year period and it got to the point where I’d routinely be requested by publicists to cover and in certain circumstances I even had better access than WireImage’s own staffers.

It’s in these moments of rejection that you can truly learn and grow.  That’s why EVERY DAY I TRY AND GET REJECTED.  I push the limits as much as I can and do things that have a high likelihood of rejection.  I enjoy the challenge of a rejection and I use rejection as a motivator.  When I get rejected, instead of feeling sorry for myself, I actually feel sorry for the person that rejected me and I yearn to change their opinion or otherwise win over their business.

Related Articles:

This post from Ben Horowitz (of Andreessen Horowitz) on CEO psychology

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Hop Off the Train at the Right Time

by Ryan on March 21, 2011

Time Watch Photo

Louis Gray recently posted a great piece about Digg and it’s founder Kevin Rose.  I’ve been a fan of Kevin since I first saw him on The Screen Savers on TechTV a little before Digg was even live.  I think that there’s really one over arching takeaway from all the talk about Kevin and Digg this week.

HOP OFF THE TRAIN AT THE RIGHT TIME!

What I mean by this is that a financially successful exit is a lot about timing. Just think of how many companies that are on the downswing or no longer even exist today, yet they made such great returns for their initial founders and shareholders because they sold out while they were on the top of their game.  On the flip side, there are many circumstances when companies have sold out to early, only to have their acquirers go on to grow the business 10x after the acquisition (still a better position to be in than having not exited at all).

Businesses and industry move in cycles and technological progress happens extremely quick these days. Companies, particularly those on the web, can so quickly fall in and out of favor. It’s crucial to exit at the right time.

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Swipely Now Wants to be Offermatic

by Ryan on March 4, 2011

Photobucket

You gotta love it when a prediction comes true.  A little over a month ago I predicted a pivot out of Swipely and Blippy because no one is going to their sites and no one want so publicly share credit card transactions.  Well a couple of days ago Mashable announced that Swipely wants to be an auto-rewards network for merchants.  Welcome to the club Swipely, you’ve got some nice competition from Kleiner Perkins funded Offermatic, who after launch has a similarly nascent traffic rank.  Let’s be honest here, both public sharing and rewards networks are tough spaces to play in. Nevertheless, I applaud you for pivoting (man I hate that word) and changing your strategy when you realized it needed to shift. That’s the sign of a good entrepreneur. Good luck with the new vision!

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VIDEO: The Onstage @launch of Our 4 New Content Marketplaces

by Ryan on February 26, 2011

We unleashed our 4 new sites at The LAUNCH Conference on Thursday. Venturebeat wrote a frankly awesome editorial on it. Above is the video of our presentation unveiling marketplaces for tattoos, celebrity pictures, cartoons, and infographics. If you fast forward about 4:15 into the video, our presentation begins around that time.

We had a amazing time at the conference. The quality of the judges and attendees was truly amazing and there was ample time to get face time with them.  People like Chris Sacca and Living Social Co-Founder/CTO Aaron Batalion were really accessible and downright helpful.

I have an opinion on conferences, concerts, festivals, and the like. The early years of these things are always the best years.  I try and always make it to new, more underground conferences and festivals before things get too crazy and over-conference-ized if you will.

LAUNCH is still in it’s early years and if you are a startup / investor, you should try and make it next year. You won’t be disappointed – it’s a tight knit, quality crowd.  I hope it stays this way forever.

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