Use your widget sidebars in the admin Design tab to change this little blurb here. Add the text widget to the Blurb Sidebar!

The amazing value of the Techstars network

Posted: January 25th, 2009 | Author: owocki | Filed under: Life | Tags: , , , , , , , , , , , , , , , , , , , , , | No Comments »

About a year ago, I was given an once-in-a-decade career opportunity: Join Adam Sachs & Dan Osit to help start Ignighter.com, an online group dating website, at Techstars, the startup incubator program based in Boulder, CO. Techstars typically takes a small equity stake in your company in exchange for a small amount of seed money, a summer of office space, mentorship, and connections.

While others have written extensively about the value of the Techstars program, from the perspective of their companies, I was in the somewhat different situation of evaluating my decision to leave my corporate job and join Ignighter at Techstars.

I made a weighted pro/con table of the options. Staying in Pennsylvania would be safe & conservative. I would continue to wallow in bureaucracy, process, suits, & ties. I would have little or no say in my workday or the work I was doing. Going to Colorado would be an adventure. There would be a complete vacuum of process, bureaucracy, and it would be completely up to my team & I to define how Ignighter.com worked.

With the benefit of hindsight, it was a no brainer to make the switch. At the time, it was a tough decision to pack up my life and move it across the country. In the end, the value came down to one last thing: If I joined Ignighter, I would like what I was doing for a living.

I’m a strong believer that when you truly & passionately enjoy what you do, money & success can and do follow. I work 40% more hours than I did before. But, that’s okay, because I relish it. I’m learning new technologies & APIs, meeting new interesting people, and defining a new niche, every hour of every day. I now feel a true sense of ownership for my work, myself, and a real sense that I control the destiny of my career.

So, if you’ve heard that Techstars applications are open, and you just gave them a passing glance, thinking it was too much of a long short, take another look. Applications are open now.