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April 14: The Key to Making CRM Work for High-Tech Manufacturers and Distributors

The The Key to Making CRM Work for High-Tech Manufacturers and Distributors is set for April 14, at 9:00 a.m. at Microsoft's Bloomington office.

Axonom Inc., a leading provider of vertically focused enhancements to the Microsoft CRM platform, will highlight a high tech customer case history in this informative two hour seminar.

DATE:     April 14
TIME:      8:30 Registration.
               9:00 - 11:00 a.m. Program.
PLACE:   Microsoft
               8300 Norman Center Drive
               Suite 950
               Bloomington
REGISTRATION:  
Available online.
COST:     No charge
 





Hiring Manager/Company

Looking for the perfect candidate? 

Contact NetSuds

You never pay a fee unless you hire a candidate we refer.  All placements are 100% guaranteed! 

www.netsuds.com/search/ 
 




Become A More Confident Speaker
April 15

Transforming PowerPoint
May 24







Minnesota Business
 and Technology Forums

www.masvf.com/forums/index.php
Your 24x7 Gateway to Minnesota HighTech & MedTech
 



Reach the largest Tech Audience in the State
 
Want to advertise?

matt@netsuds.com
 


Email Ad Rates
 

Small ads are $75/ad. Large ads are $125/ad. That's the range. Buying 5 ads at a time cost $50/ad (small) or $90/ad (large). Buying 15 ads at a time cost $35/ad (small) or $60/ad (large).

The email lists reach 5500+ people; mostly in the Twin Cities metro area, mostly in the tech business. The MedicalSuds email list reaches 2500+ in the Twin Cities.
 

 
The NetSuds™ Report ©

The April 1, 2005 Issue:

May 9-10, 2005
Bloomington, MN
Register Today

Re-sending of this newsletter to any number of colleagues is encouraged provided you also cc: report@netsuds.com.  In return, we will invite recipients to subscribe.  Any other unauthorized re-distribution is a violation of copyright law.

Subscribe to this report by subscribing to the NetSuds Report at http://www.netsuds.net/mail.htm. You can get the web version of these reports at http://www.netsuds.com/report/


Definition:  "com and .com" = Telecom, Datacom, IT, Software or Internet


In this Issue:

        1.0  Minnesota Business and Technology Forums
        2.0  Jobs in the "com and .com" Market
        3.0  Calendar of Events
        4.0  Tidbits
               4.1    Registration For The Minnesota Business and Technology Forums
               4.2    Wisconsin Angel Network

               4.3    Vonage Victorious in Port Blocking Case
               4.4    Opinion: As Digital Imaging Evolves, So Does Photoshop
               4.5    News: Data Thefts Reveal Storage Flaws
               4.6    Review: Google Desktop Is in a Class by Itself
               4.7   
IP PBX Revenues Up 72 Percent
               4.8   
News: Health Tech Advance Can Lead to Errors
              
4.9    Opinion: Firefox Is Heading Towards Trouble
               4.10  Annotating the planet with Google Maps
               4.11  2005 MN VC Conference - May 9-10
        5.0   Sales and Marketing Strategies for Era 3:
        6.0   Midwest Association of Seed & Venture Funds Conference - May 11
        7.0 
 Email Advertising
        8.0   NetSuds CEO Roundtable - Next Roundtables starting in June 2005
        9
.0   Guest Writers for this Report


1.0  Minnesota Business and Technology Forums

The Minnesota Business and Technology Forums are useful for many purposes.  In order to view and post information on the web forums, you need to register by creating an account.  There are many reasons to create a free account.  In order to fully participate as a "NetSudser" in the Minnesota hightech community, you should create an account and use it to full advantage.

The Minnesota Business and Technology Forums - http://www.masvf.com/forums/index.php

Upcoming Events - http://www.masvf.com/forums/forumdisplay.php?f=4

HighTech Companies - http://www.masvf.com/forums/forumdisplay.php?f=17

People On The Move - http://www.masvf.com/forums/forumdisplay.php?f=12

Press Releases - http://www.masvf.com/forums/forumdisplay.php?f=13

Why email only to your small email list of associates when you can post this information on Minnesota Business and Technology Forums and have access to 5500+ NetSudsers. 


2.0 Jobs in the "com and .com" Market

Click on http://www.masvf.com/forums/forumdisplay.php?f=28 for a list of available HighTech Jobs in Minnesota that have been posted at the Minnesota Business & Technology Forums.

We encourage you to post available jobs for hightech professionals in Minnesota.  You must identify which company you represent.  If your company is already listed, please do not create a duplicate thread.  Instead, post to the same thread.  If you are a recruiter, you must identify yourself as such.

Thank you for the support many of you have shown to the NetSuds recruiting association with the American Consulting Company.  We have developed a quality and impressive NetSuds candidate database.  We always appreciate the opportunity to discuss how we might help in locating candidates for your open positions.   And, we've added an association with OnCall Staffing - www.oncallstaffing.com.

If you are a hiring manager, you are invited to review our process, our commitment to ethical standards and diversity recruiting, and other areas of interest at: www.americanconsultingcompany.com.  When you identify yourself as a member of the NetSuds association, we will offer you a discounted rate to assist in locating candidates for your company.  And remember, you never pay a fee unless you hire one of our candidates. 

If you are a candidate, visit the ‘Candidate Kit’ at www.americanconsultingcompany.com.  You will find valuable tools to help in your job search.  When you send us your resume, be sure and mention your association with NetSuds.
 

How did one out-of-work Design Engineer from Ohio get hired -- right over the phone -- after making a simple telephone call to his old manager?  Discover the answer -- and learn about 50 other job search secrets -- in a controversial report ... Click here
Renowned entrepreneur and local resume-writing expert Kevin Donlin - www.gresumes.com - is available to assist you in writing a powerful, effective resume.  Kevin can also help you with cover letters and job search coaching.  Contact Kevin at guaranteed.resumes@netsuds.com and tell him Matt Noah referred you.
Hi Matt -

Thanks for posting our job opening in the NetSuds monthly.  The number of "good" people we had respond to our position is a direct reflection of the exposure received thru NetSuds.  I do not have a quantitative measurement but having posted the same job just 45 days earlier thru the 'normal' means provides a pretty accurate comparison.  The only thing we did differently was use the NetSuds site. 

We have filled the position so the posting can be removed.  Thanks again -

Bradd Strelow
Director of Technology and Innovation. Dakota County Technical College



3.0  Calendar of Events

The calendar for hightech and medtech events in Minnesota is scattered all over in print, email and online publications.  Up until now, there has been no single definitive calendar.  NetSuds and MedSuds has created the first and only online calendar for all hightech, medtech, biotech and life science events in Minnesota.

Calendar of Events - http://www.masvf.com/forums/calendar.php?

You can use the online calendar to post your organization's events.  We will even allow the posting of events which compete with NetSuds and MedSuds events.  The calendars are free to use for both tracking events and for posting your own events.

Non-Minnesota companies conducting events in Minnesota will not be allowed to post events for free, even if they are teaming up with a Minnesota company.  Non-Minnesota companies or organizations should contact matt@netsuds.com to discuss the fees associated with posting such events. 

     
April 21   NetSuds Winning Investment Presentations Skills Workshop
http://www.netsuds.com/workshop/investment/
April 28   MedSuds Entrepreneurs Breakfast
http://www.medsuds.com/eb/2005/april/
May 9-10   Minnesota Venture Capital Conference - Bloomington
http://www.mnvcc.com/
May 11   Midwest Association of Seed & Venture Funds Conference - Bloomington
http://www.masvf.com/
May 11   NetSuds Evening Gathering
http://www.netsuds.com/eg/
June 15-16   NetSuds Think On Your Feet® Workshop
http://www.netsuds.com/workshop/toyf/

4.0   Tidbits
 

4.1   Register For The Minnesota Business and Technology Forums

Visiting http://www.masvf.com/forums/index.php allows one to visit the Minnesota Business and Technology Forums and observe what is available.  However, in order to become a member of the community, one must register.  Registration is simple and has several advantages.  First, you can search for other members in the community using names, IDs and keywords related to industries.  Second, you can identify yourself to the community through the use of keywords and interests.  Third, you can subscribe to certain "threads" and receive email when these threads experience activity.  You may also unsubscribe from any thread at any time.  Fourth, you can post to the Forums.  This is extremely powerful.  Members can post their opinions, information and engage in online discussions.  Jobs can be posted.  Events can be posted.

NetSuds encourages members to choose usernames which readily identify one's self to the community.  For example, the username "johnsmith" identifies the member as John Smith (or at least we hope!).  Use of IDs to hide one's identity is not encouraged in these Forums.  Remember, this is a professional Web Forum and not some adolescent, rumor-spreading chatroom.

Even after you register you can alter your user profile in the "CP" section along the top of the Forum webpage.

4.2   Wisconsin Angel Network

Wisconsin Angel Network’s website goes “live” with resource page for angel investors

 

MADISON -- The Wisconsin Angel Network (WAN) has launched its website, www.wisconsinangelnetwork.com, with the introduction of a resource page for angel investors. 

 

The page offers links to various sources of information specific to early-stage investing,  including starting an angel network, network best practices, investment trends, seed-stage research, angel tax credits and news sources.  

 

This is the first step in the creation of a web-portal for the angel investor community, including a deal flow pipeline that will funnel entrepreneurial deals to investors.  The pipeline will be operational and populated with business plan executive summaries on June 1, in time for the June 7-8 Wisconsin Entrepreneurs’ Conference in Milwaukee.

 

The mission of WAN is to build angel network capital capacity throughout Wisconsin in order to increase the number and amount of seed-stage equity investments in Wisconsin companies. Angel investing nationally was estimated at $18.1 billion in 2003, nearly as much as was invested by venture capital firms ($18.3 billion). However, a far larger percentage of angel investments are targeted at early-stage firms.

 

WAN is a project of the Wisconsin Technology Council, the non-profit science and technology advisers to the Governor and the Legislature, with initial funding provided by the Department of Commerce, Department of Financial Institutions and the SBC Foundation.

 

For more information, contact Joe Kremer, Director of the Wisconsin Angel Network at (608) 442-7557 or jkremer@wisconsinangelnetwork.com.

4.3   Vonage Victorious in Port Blocking Case

Last month, the Enforcement Bureau issued a Letter of Inquiry (“LOI”) to Madison River Communication, LLC initiating an investigation about allegations that Madison River was blocking ports used for VoIP applications, thereby affecting customers’ ability to use VoIP through one or more VoIP service providers. 

The ruling concluded that Madison River is required to make a voluntary payment to the United States Treasury in the amount of fifteen thousand dollars ($15,000.00).  In order to resolve and terminate the Investigation, the Bureau also requires that Madison River shall not block ports used for VoIP applications or otherwise prevent customers from using VoIP applications.                                                                                  
                                                       
FCC Chairman Michael K. Powell Commends Swift Action to Protect Internet Voice Services

The Enforcement Bureau of the Federal Communications Commission reached a $15,000 consent decree today with Madison River Communication, LLC that will ensure uninterrupted Internet voice service on the company’s network.

“We saw a problem, and we acted swiftly to ensure that Internet voice service remains a viable option for consumers,” said FCC Chairman Michael K. Powell.

According to the terms of the consent decree, Madison River commits that it will refrain from blocking VOIP traffic and ensure that such blocking will not recur.   The company will pay a contribution of $15,000 to the United States Treasury to settle this matter.

        “The industry must adhere to certain consumer protection norms if the Internet is to remain an open platform for innovation” said Powell.

Powell has laid out his vision of “Internet Freedom”, a series of principles by which any company that intentionally breaks a consumer’s connection to the Internet violates the openness that consumers have come to expect. 

        “In my view, the surest way to preserve ‘Net Freedom’ is to handle these issues in an enforcement context where hypothetical worriers give way to concrete facts and—as we have shown today—real solutions,” said Powell.

4.4   Opinion: As Digital Imaging Evolves, So Does Photoshop

Adobe adapts its industry-leading application to keep step with advances in file formats, photography and page design.  Andreas Pfeiffer of Publish.com has more.  http://ct.enews.eweek.com/rd/cts?d=186-1727-2-79-101270-194550-0-0-0-1

4.5  News: Data Thefts Reveal Storage Flaws

Recent high-profile thefts of sensitive data have enterprise IT executives looking hard at the relationships among storage, backup and security, even as vendors prepare new ways to lock down stored information. Here are some options for protecting your data.

http://ct.enews.eweek.com/rd/cts?d=186-1731-2-79-101270-194964-0-0-0-1

Protecting Data

http://ct.enews.eweek.com/rd/cts?d=186-1731-2-79-101270-194967-0-0-0-1

4.6   Review: Google Desktop Is in a Class by Itself

The just-released Google Desktop has improved security features, is a lot more open-source program friendly and boasts time-saving search features. Read this review.

http://ct.enews.eweek.com/rd/cts?d=186-1739-2-79-101270-195750-0-0-0-1

Search Delves into the Desktop

http://ct.enews.eweek.com/rd/cts?d=186-1739-2-79-101270-195753-0-0-0-1

4.7   IP PBX Revenues Up 72 Percent

Of course, installed base is still very much TDM. But growth is definitely in IP.

http://click.email-publisher.com/maadgwyabeTxSa6aEfbb/

4.8   News: Health Tech Advance Can Lead to Errors

Computerized systems that reduce certain medication errors increase the risk of others, concludes a study published Wednesday in the Journal of the American Medical Association. Find out why.

http://ct.enews.eweek.com/rd/cts?d=186-1744-2-79-101270-196356-0-0-0-1

4.9   Opinion: Firefox Is Heading Towards Trouble

Linux and Open Source Editor Steven J. Vaughan-Nichols thinks Firefox is the best browser on the planet, but it's not going to stay that way long unless the team behind it gets their act together sooner rather than later.

http://ct.enews.eweek.com/rd/cts?d=186-1744-2-79-101270-196368-0-0-0-1

4.10   Annotating the planet with Google Maps

Open, XML-based design makes it a service factory for the geospatial Web

 
By  Jon Udell March 04, 2005  

My previous column on Google Maps provoked an unusually strong response. First up was Wil Rivers, who pointed out that Telcontar’s Drill Down Server is the engine that does the heavy lifting on the back end. Next was a series of gripes about data quality and completeness.

“The map location came right up, but the address was off by a half mile,” one reader said.

“Wake me up when it covers the scope of MapQuest and MultiMap -- i.e., this planet and not just one country,” said another.

“There was a road that doesn’t really exist,” yet another said. “If the database is this out of whack with reality, it’s not going to be very useful.”

Before I could respond to these points, all of which are completely valid, Craig Thrall sent me the bombshell that blew up my schedule for the next 24 hours. “A friend of mine figured out how to download Google directions into his GPS,” Craig wrote, “and also use the Google Maps front end to display his GPS.”

The friend is Matt King, and his proof of concept is a JavaScript bookmarklet that uses Google Maps to display a walking tour of Beverly Hills, with waypoints labeled and linked to photos. If you try it, be sure to check out the black-and-white bunny sitting on the tree lawn of N. Rodeo Drive between Park and Carmelita.

I always knew there would come a moment when I had to have a GPS receiver. This was it. My first thought was to use my LG VX4400 cellphone, which has a built-in GPS chip. Although Roger Binns has open-sourced every other aspect of that phone with BitPim, I’ve yet to find a way to display and remember GPS waypoints. So while I’m not normally an impulse gadget buyer, I picked up a Garmin Geko 101 and went for a walk.

When I finished making the interactive version of my neighborhood tour, along with a screencast, it was clear that Google Maps is every bit as revolutionary as my first instincts told me. Not because Google invented a new geospatial engine or compiled better data. They didn’t. But simply -- and yet profoundly -- because Google Maps is a framework we can all use to annotate the physical world.

In the very near future, billions of people will be roaming the planet with GPS devices. Clouds of network connectivity are forming over our major cities and will inevitably coalesce. The geoaware Web isn’t a product we buy; it’s an environment we colonize. There will always be markets for proprietary data. But the real action will be in empowering people to create their own services, with their own data, for their friends, family, and business associates. Google Maps isn’t just a service, it’s a service factory.

Radical openness is the key. It’s been only two weeks since it launched and already the colonization has begun. Thanks to open XML data formats and open Web programming interfaces, people have figured out how to animate routes, create custom routes with their own GPS data, and display GPS data in real time.

Microsoft could have enabled these same kinds of things years ago. Its TerraServer has been up and running since 1998. But despite Steve Ballmer’s infamous monkey-dance chant, developers haven’t flocked to TerraServer. What’s Google’s secret? Web DNA and no Windows tax.

4.11  2005 MN VC Conference - May 9-10

Once a year, NetSuds and MedSuds hosts the Minnesota Venture Capital Conference.  This year, we've added a seed stage conference entitled the Midwest Association of Seed & Venture Funds Conference.  These conferences can be found on the web at www.mnvcc.com and www.masvfc.com.  Registrations for both conferences are strong.  The list of investors for the VC Conference can be found at www.mnvcc.com/agenda/investorprofiles/2005.htm.  The agendas are filling.
 


5.0   Sales and Marketing Strategies for Era 3:

How to Leverage Value to Win-And Keep-Profitable Customers

by NetSudser Jeff Thull, CEO, Prime Resource Group, support@primeresource.com, 1.800.876.0378

Winning Strategies to Succeed in Complex Sales 

So, you’re playing in the big leagues now. You are involved in high-stakes, high-return, multi-faceted sales, but has something changed? Are you finding that the skills that won sales for you in the past just aren’t working as effectively today?

 

If you sell business-to-business or business-to-government, chances are your transactions involve long sales cycles and require multiple decisions from multiple people at multiple levels of power and influence. The days of presenting and closing simple, specified solutions to buyers making simple, low-risk business decisions are over. You have to juggle conflicting perspectives from a variety of people in several different companies, including yours, that may even cross national and cultural borders. You have made it to the high stakes world of the complex sale, and you are going to have to ratchet up your skills and disciplines if you are going to compete and succeed.

 

When salespeople use a conventional sales process in a complex situation, they are like major league pitchers hurling 90 mile-per-hour fastballs at batters who may be at the plate for the very first time. What are the chances that such batters will connect? In a complex sales situation, customers don’t get up to bat that often. Yet, salespeople continue to pitch reams of solution data at customers, leaving them alone to try to comprehend, sort and connect all of that information to their world, on their own. A salesperson wants the customer to connect. But if he keeps hurling those fastballs, the customer is going to just keep striking out. And a strikeout for the customer is a strikeout for the sales team.

 

What is required is a systematic approach to turning complex sales solutions into winning proposals. A system called Diagnostic Business Development®—that is based on over 20 years of observing top-notch sales professionals bringing in the high-stakes sales.

 

Diagnostic Business Development is a meta-process that can be overlaid on any complex sale. It provides a navigable path from the first step of identifying potential customers, through the sale itself and on to expanding and retaining profitable customer relationships. It is a reengineering of the conventional sales process and it directly addresses the challenges that salespeople face while trying to master complex sales in today’s marketplace.

 

The Diagnostic Business Development process encompasses four phases: Discover, Diagnose, Design and Deliver: 

Discover.  Every sale starts at the same place—identifying the customer. If you are going after the complex sale, the Discover phase is your opportunity to set the stage for a compelling engagement and a continuing relationship based on trust and respect. You push beyond the traditional boundaries of prospecting to create a solid foundation on which to build a long-term, profitable relationship. It is at this stage that the customer and the salesperson mutually decide whether the engagement should continue. 

Diagnose. Unlike conventional selling, where the sale is made at the “close” and the needs analysis is more of a smokescreen for positioning your solution, the Diagnose phase is where the customer will make the decision whether to change/buy, and from whom. In the complex sale, the decision is more about should we change (the problem or lack of opportunity) than what should we buy (the solution). Diagnosis is meant to maximize the customer’s objective awareness of her dissatisfaction, whether or not that dissatisfaction supports the salesperson’s offerings. The salesperson assists the customer in understanding her situation and, as a result, reinforces his credibility by refusing to alter the customer’s reality to fit his needs.  

Design. Design is where the sales professional helps the customer create and understand the solution. It is a collaborative and highly interactive effort to help the customer sort through her expectations and alternatives to arrive at the optimal solution. Solutions are addressed by introducing and exploring alternatives, including solutions offered by competitors. The goal is to create a solution framework that best solves the customer’s problems and manages her expectations. At the conclusion of this phase, a “Discussion Document” is created, which provides a pencil sketch of the solution.

 Deliver. By now, the customer has a clear understanding of their problem and knows what the best solution will look like. She is the co-author of that solution; there are no “objections.” This phase begins with the preparation and presentation of a formal proposal and the customer’s subsequent formal acceptance of the solution. Next come the implementation and support of the solution and the measurement and evaluation of results. Finally, the Deliver phase includes the maintenance and growth of the sales team’s relationship with the customer. 

Conventional selling simply doesn’t work in the complex sales environment. They must learn how to avoid common sales pitfalls such as becoming an unpaid consultant or engaging in never-ending dry runs, both instances where time is wasted and sales are never made. Most importantly sales professionals must learn how to make the transition from thinking like a salesperson to thinking like a businessperson.

 

The often ignored reality is that customers need outside expertise to help them understand the problems they face, and in designing the optimal solutions to those problems and in implementing those solutions. It is up to you to provide the expertise and guidance your customers need. See yourself as a project manager that guides your customer through a quality decision process. That is one of the secrets to succeeding at the complex sale. That is how to hit a home run for you and the customer. 

About The Author: 

Jeff Thull (tool), the President and CEO of Prime Resource Group, a strategy and performance-consulting firm, has gained the reputation for being an expert in the arena of sales and marketing strategies for companies involved in complex sales. 

Thull’s 23 years of real world experience has made him a leading authority and valued advisor for executive teams of major companies worldwide. He has designed, tested and proven transforming programs and solutions for companies like Shell Global Solutions, 3M, Microsoft, Citicorp, IBM, and Georgia-Pacific, as well as many fast track, start-up companies.   

Thull is also a compelling, entertaining, and thought-provoking keynote speaker with a track record of over 2,500 speeches and seminars to blue chip companies and associations around the world. Additionally, as a leading strategist, Thull’s work is published in hundreds of business and trade publications, including: Chief Learning Officer, Harvard Management Update, Velocity Magazine (SAMA), Sales and Marketing Management Magazine, Selling Power, Sales and Service Excellence, One to One Magazine, Business to Business Marketing, MarketingProfs.com, CEO Refresher, VAR Business, Management Consulting News, and many more. 

For more information contact: Prime Resource Group, 3655 Plymouth Blvd, Suite 110, Plymouth, MN 55446, support@primeresource.com, http://www.primeresource.com, 1.800.876.0378 or 763.473.7529, Fax: 763.473.0792


6.0   Midwest Association of Seed & Venture Funds Conference - May 11

What it is  The first ever MASVF Conference will take place in Bloomington, Minnesota on May 11.  For those wringing their hands and complaining about the lack of seed capital, you can either be part of the problem or part of the solution.  We have the solution.  Learn how entrepreneur Michael Haider raised a $15M angel round.  Find out what professionals in the neighboring states of Iowa, Wisconsin and North Dakota are doing to provide incentives to investors and entrepreneurs.  Find out about the newly resurrected SBIR/STRR program in Minnesota.

Who it is for  This conference is for current angel investors, prospective angel investors, entrepreneurs, venture capitalists, economic development directors, legislators, academic innovators, university licensing and business development professionals, attorneys, accountants, PR professionals, marketing professionals, and anyone with an interest in seed and early stage capital.

Register today at www.mnvcc.com/register/.  The early-bird discount ends April 15.

2005 Conference Agenda
Sheraton Bloomington Hotel

For a profile on each of the speakers shown below, please visit Speaker Profiles.

 

May 11, 2005

6:30 am Registration and Name Badge Pick-Up (Grand Ballroom Foyer)
7:00 am Breakfast (on your own) & Exhibits
8:00 am
Seed Capital:  Help Wanted

Matt Noah, Conference Chairman

8:15 am
The Importance of Seed Capital:  Fueling Start-Ups, Economic Growth Engines

Lorrie Keating Heinemann, Secretary of the Wisconsin Department of Financial Institutions (WI)
  Bruce Gjovig, Director, UND Center for Innovation (ND)

Daniel Winegarden, President, tecTERRA Fund (IA) 

Michael Haider, CEO, BioE (MN)

9:15 am Break
9:30 am
Sources of Seed Capital: Friends, Family, Fools & Angels

Brian Johnson, COO & Investment Manager, MN Investment Network (MN)
Harlan Jacobs, President, Genesis Business Centers (MN)

Rick Brimacomb, President, MN VC Association (MN)

John Dinusson, Director, Initiative Ventures (MN) 

10:30 am Break & Exhibits
11:00 am
Starting the Right Way:  Avoid Common Start-Up Mistakes

Allen Dines, Assistant Director, UW Office of Corp. Relations (WI)
  Peter Zaballos, VP, Frazier Technology Ventures (WI)

               Jeff Stamp, Professor, University of North Dakota (ND)

Lane Brostrom, Managing Director, TechStar (WI)

12:00 pm Lunch in Garden Court
Lunch Speaker
The Role of SBIR/STTR in New Business Formation and Growth

Betsy Lulfs, Director, Minnesota DEED SBIR/STTR, joined DEED in February 2005 from Toledo, Ohio where she held a similar role.  DEED (Dept. of Employment & Economic Development) recently assumed the role held by MPI for managing SBIR and STTR in Minnesota.  Read more here and here.

1:00 pm
Economic Development, Tax Policy, State Policy:  The role of government and universities in fostering start-up activity

Lorrie Keating Heinemann, Secretary of the Wisconsin Department of Financial Institutions (WI)
  Ron Eibenstiener, Chairman, Wyncrest Capital & MN-GOP

                                Steve Kelley (DFL), Majority Whip, State Senate (MN) 

 Jeff Stamp, Professor, University of North Dakota (ND)

2:00 pm Break & Exhibits (and dessert!)
2:30 pm
Creating More Angels and Angel Networks:  How to be an Angel and Change the World

Michael Haider, CEO, BioE (MN)
  Tim Keane, Manager, Golden Angels Network (WI)

Harlan Jacobs, President, Genesis Business Centers (MN) 

John Risdall, CEO+Angel, Risdall Advertising (MN)

3:30 pm Break & Exhibits
3:45 pm
Venture Capital - the last step on the road to liquidity:  How smart entrepreneurs and smart angels work with Venture Capital Firms

Peter Zaballos, VP, Frazier Technology Ventures (WI)
  Ron Eibenstiener, Chairman, Wyncrest Capital & MN-GOP

Rick Brimacomb, President, MN VC Association (MN) 

Tim Keane, Manager, Golden Angels Network (WI)

5:00 pm NetSuds Evening Reception (for local telecom, datacom, IT, software and Internet professionals).  Cash bar.

For sponsorship information, send an email to matt@masvf.com.

 
 

7.0   Email Advertising

The NetSuds and MedSuds email lists reach 8500+.  The NetSuds email lists are double-opt-in and concentrated on professionals in the communications, IT and Internet markets.  The MedSuds email lists are double-opt-in and concentrated on professionals in the medtech, biotech and life sciences markets.  So, rather than spend your advertising dollars on any other email lists in the Twin Cities, consider the NetSuds and MedSuds lists.  Contact matt@netsuds.com or 612.605.5252.  For current ad rates, visit www.netsuds.com/adrates.htm.


8.0   NetSuds CEO Roundtable - Next Roundtables starting in June 2005

NetSuds is opening up another group of CEO Roundtables in June 2005.  If you are tech or medtech CEO and want to join us, (the first session is free), contact matt@netsuds.comA synopsis of the CEO Roundtable can be found at www.netsuds.com/ceo/  It is repeated here as well.

NetSuds CEO Roundtable

Membership  Only CEOs of tech and medtech companies are allowed to join the NetSuds CEO Roundtable.  If you are a VP, CxO or President, you are not welcome unless you also hold the CEO title.  Perhaps we will start a CFO, CTO or COO Roundtable but until then, we are only interested in the top dog, the CEO.  If you are interested in becoming a member, contact matt@netsuds.com.  Membership is not automatic.  There must be an available spot open in the roundtable.  You must have employees.  Your company must be incorporated.  Your company must be a tech (communications, IT, software, Internet) or medtech (medtech, biotech, life sciences) company.  You must pay a yearly fee of $1800 in advance.  You may not send substitutes to the Roundtable. 

Roles  Unlike the days of knights, kings and Camelot, there is no king of the NetSuds CEO Roundtable; only a facilitator; Matt Noah, CEO of NetSuds.com, Inc.  Knights are replaced by CEOs and the table won't be quite round.

Schedule  The Roundtable will meet 10 times per calendar year on the last Tuesday of every month.  Each meeting lasts 2.0 hours starting at 7 am.  A facility convenient to the majority of Roundtable members is used.  A continental breakfast is served.

Our next introductory session (free) has been scheduled for June 28, 2005.  Attendance will be limited to just CEOs.  Contact matt@netsuds.com if you want an invitation.

Purpose  CEOs need resources to assist them in executing their duties and leading their companies.  Boards of Directors and upper management are not always the best or most independent resources upon which to draw.  The CEO Roundtable exists to provide CEOs with an independent resource of wisdom and shared experience.  Your key 'take-aways' from the Roundtable will be accelerated learning - so as to avoid common and uncommon pitfalls -, an expanded network of advisors and colleagues and tools to enhance the productivity and value of your enterprise.

Content  First, networking among the CEO members of a Roundtable is the best and richest content.  Second, the Roundtable facilitator will schedule subject matter experts of interest to the CEOs.  Examples include intellectual property, branding, sales, engineering, marketing, finance, compensation, human resources, M&A, etc. 

Format  Meetings will consist primarily of 2 elements.  First, "content" will be presented and discussed.  Second, "discussion" of common problems and solutions will take place.  The facilitator will lead both elements or assign elements to certain CEOs.

Confidentiality  Roundtable meetings are completely confidential.  Nothing said in a roundtable discussion, short of illegal activity, leaves the meeting.  This allows each CEO to feel comfortable discussing issues and subjects he may not feel comfortable speaking about with others.


9.0   Guest Writers for This Report

I have opened up the Monthly NetSuds Report to guest writers. If you have a passion for a topic, and you can write (at least no worse than me), send an email to me matt@netsuds.com.  You can even send copies of your work.  It needs to be on "com and .com" topics and can include entrepreneur/investor activities.  Good information from our service providers and vendors is also welcome so long as it is not a "commercial" for any one company or individual.


If you are aware of others who would like to receive the NetSuds Report, ask them to visit http://www.netsuds.net/mail.htm to subscribe or unsubscribe.

Please send your comments and feedback regarding this issue of the NetSuds Report to matt@netsuds.com.

Matt Noah

980 Lake Susan Hills Drive
Chanhassen, MN  55317

612.605.5252
fax:  612.677.3934
matt@netsuds.com

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