Eric Ries from from VC firm Kleiner Perkins Caufield & Byers was one of the speakers at Gov 2.0 Summit. In the video below, Eric Ries is sharing his wide experience about creating “Lean Startups” by “Doing More with Less” as both a former entrepreneur and a VC advisor.

Web 2.0 started as a revolution that uses the web to link people together. Web 2.0 means communicating, sharing, discussing and trading online in very useful ways never possible before. Web 2.0 simplifies collaboration and information exchange. But words aren’t enough to describe Web 2.0 .These extremely enjoyable videos describe Web 2.0 in the most creative ways.
Michael Wesch is Assistant Professor of Cultural Anthropology at Kansas State University and leads the Digital Ethnography Working Group. On Nov. 20, 2008, CASE and The Carnegie Foundation for the Advancement of Teaching honored Wesch as Professor of the Year. Proffessor Wesch was trying to find a way to describe Web 2.0 for a paper that he was writing and found that words were not quite enough – instead he created the videos; “Web 2.0: The Machine is Us/ing Us” and “Information R/evolution”

by Michael Wesch

(This post is co-authored with SiteBoat)

Web 2.0 has become a business and has created its own information sources: blogs.

As Internet entrepreneurs; everyday we follow our favorite blogs to learn about new startups, web events, web people, web culture and enterprise opportunities.

If you’re interested in Web 2.0 as an entrepreneur or as a power user, then you must follow these influential  Web 2.0 – oriented blogs:

#1 TechCrunch:

Michael Arrington’s TechCrunch is the number one source for Web 2.0 news, especially about 2.0 startups. TechCrunch is a must-read blog to watch & learn the development of Web 2.0 . TechCrunch has more than 2 million RSS readers and ranked #3 in “Technorati Top 100 Blogs” list. Also, TechCrunch is the fastest Web 2.0 blog to publish a new post.

#2 O’Reilly Radar:

Tim O’Reilly is the one who denominated the new web as “Web 2.0″ .  O’Reilly Radar is the right place to  get information about the concept, the theory and the philosophy of Web 2.0 . O’Reilly also started Web 2.0 Conference .

#3 Mashable:

Pete Cashmore’s Mashable is one of the most popular blogs focused on Web 2.0 and social media news.  Mashable is very good at profiling new web sites and services and has 5+ million monthly pageviews.

#4 ReadWriteWeb:

A new Zealander, Richard Macmanus founded ReadWriteWeb in 2003 and ReadWriteWeb has around 275k RSS and email subscribers. ReadWriteWeb provides Web technology news, reviews and analysis.

#5 Official Google Blog

There is no doubt that, Google has a lot of Web 2.0 services and everyday a new product is or product change is added to Google’s product range. Official Google Blog is the best place to learn about Google’s web services.

#6 Web2Asia

Web2Asia is a consulting firm for Western Internet, e-commerce and mobile application companies to successfully launch and grow their business in Greater China, Japan and Korea. There are more than 430 million Internet users in these 3 countries and Web2Asia’s Blog is the best place to learn what is going on about Web 2.0 in Asia.

#7 Somewhat Frank

Frank Gruber’s is an Internet entrepreneur and a Web 2.0 blogger. Frank is well-known for the blog Somewhat Frank, and for his analysis on Web 2.0, social media and emerging technologies and has been featured in a number of publications including TechCrunch, iMediaConnection, ReadWriteWeb Network as well as on his blog and related video podcasts on Somewhat Frank TV.

* This is not a “best ones list”; it only shows our favorites. All the comments and additions are welcome.

(This post is co-authored with SiteBoat)

The most stressful phase of a business is its start-up phase. If starting a business was easy, everyone would do it! You need 5 things to create a successful business: Idea, Courage, Time, Money, People.

Idea

There are billions of creative ideas in our brains, but ideas mean nothing if you don’t follow up by taking real action. Taking an idea into real action isn’t enough; your business model must cover what customers want. If you’re going to do what everyone is doing, you can’t be successful; you must solve a problem and create additional value for your customers.

Courage

A start-up without any risk is a dream. Forget about failure and  if you think you have a great idea, step out of your comfort area and go for it. Failures breed success!

Time & Money

There is a simple rule to calculate how much time and money you need for s startup: ” If you plan to develop in a year, it’s going to take two; if you think it’s going to take $100K, it’s going to take $200K”. So be patient and spend your money carefully and don’t run out of money. Also, growing too fast sometimes means unnecessary stress of a loan.

People

To succeed, the person you hire must do his job well and be success – oriented. In the start-up phase, the best way to motivate your employees and them make them more efficient is giving them your company’s shares.

You need more people who will help you develop your business for no money. These are friends, candidates for testing your product or service, a friends’ friends at advantageous positions for you to make PR and free marketing. This is called business networking.

To read more about this topic, you should read Paul Graham’s (partner at Y-Combinator) “How to Start a Start-Up” essay on his website. This essay is a must-read resource for entrepreneurs before starting a start-up.

Also, Inc.’s “Start-Up Secrets” slide is worth looking at.

Web2INC is here to explore and tell you to do business in a Web 2.0 world. We’ll cover the basics of Internet Entrepreneurship as well as new startups.

We will publish Web2INC as a monthly Web 2.0 Magazine in “Online” , “PDF” , “Flash” , “Kinddle” , “RSS” and “Email” formats. Also, we are going to try to be a free resource for the Internet entrepreneurs.

Your comments are always welcome…