{"id":604,"date":"2012-04-25T12:05:43","date_gmt":"2012-04-25T16:05:43","guid":{"rendered":"https:\/\/www.duck9.com\/?p=604"},"modified":"2012-04-25T12:07:23","modified_gmt":"2012-04-25T16:07:23","slug":"the-larry-chiang-mini-company-concept-lcmcc","status":"publish","type":"post","link":"https:\/\/www.duck9.com\/blog\/the-larry-chiang-mini-company-concept-lcmcc\/","title":{"rendered":"The “Larry Chiang Mini Company Concept” (LCMCC)"},"content":{"rendered":"

By Larry Chiang<\/p>\n

The silicon valley is out there cluelessly starting startups that might fail.<\/p>\n

Err will fail.<\/p>\n

80% of VC funded startups with a SVB bank account won’t get revenue. Start a mini company instead. Mini company’s are bought. Mini companies solve a clear problem some old person pre-pays for<\/p>\n

The old person inside a big company buys your new mini company’s solution with no risk to them.<\/p>\n

– money paid via Internal Escrow – contract is ONE WAY LETTER OF INTENT.<\/p>\n

It’s part of my Street Smart Legal SERIES at MIT. Yeah, I’m an EIR there<\/p>\n

I wrote about this 37 step signature maneuver at Yahoo. Yes, I have a column there too. Google and comprehend ‘Reducing Sales Friction’<\/p>\n

The “Larry Chiang Mini Company Concept” is a prequel to 2013 Ga Ga Guaranteed exits. Those Ga Ga Guaranteed are buried in my Twitter feed like Easter eggs. Sept 2011-Mar 2012<\/p>\n

You will have to manually scroll search because Twitter can’t search inside one persons feed.<\/p>\n

THINK ABOUT THAT.<\/p>\n

Twitter doesn’t search super good<\/p>\n

Never ever let Silicon Valley intimidate you of you’re an engineering undergrad. If a billion dollar tech company can’t do basic basic shitake. You, me and the stuff I’ll teach you will make you a legend.<\/p>\n

Enjoy the Easter egg hunt. And be careful. This rabbit hole of entrepreneurship runs deep.<\/p>\n

I’m CEO of Duck9 Stanford University EIR (Entrepreneur in Residence)<\/p>\n

Duck9 = Deep Underground Credit Knowledge 9 125 University Avenue\/ 100 Palo Alto CA 94301 https:\/\/www.duck9.com\/ass<\/a> 650-566-9600 650-566-9696 (direct) 650-283-8008 (cell)<\/p>\n

**************** Editor of the BusinessWeek Channel “What They Don’t Teach at Business School” https:\/\/whattheydontteachyouatstanfordbusinessschool.com\/blog<\/a> CNN Video Channel: https:\/\/ireport.cnn.com\/people\/larrychiang<\/a><\/p>\n

Read my last 10 tweets at https:\/\/www.Twitter.com\/LarryChiang<\/a><\/p>\n

Author, NY Times Bestseller https:\/\/whattheydontteachyouatstanfordbusinessschool.com\/blog\/?s=Ny+times+bestseller<\/a><\/p>\n

“What They Will NEVER Teach You at Stanford Business School” comes out 11-11-12<\/p>\n

########## Duck9 is part of UCMS Inc. https:\/\/www.ucms.com<\/a> 630-705-5555<\/p>\n","protected":false},"excerpt":{"rendered":"

By Larry Chiang The silicon valley is out there cluelessly starting startups that might fail. Err will fail. 80% of VC funded startups with a SVB bank account won’t get revenue. Start a mini company instead. Mini company’s are bought. Mini companies solve a clear problem some old person pre-pays for The old person inside […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-604","post","type-post","status-publish","format-standard","hentry","category-credit-secrets"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/604","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/comments?post=604"}],"version-history":[{"count":0,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/604\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media?parent=604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/categories?post=604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/tags?post=604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}