Distress brings opportunity; Stick to what you're good at; Be cool and use Smule During times of distress, great startups often emerge. Hewlett-Packard rose up at the end of the depression and FedEx was born during the oil crisis. Recently, tiny Airbnb came to be. During the "no-money-to-pay-the-rent crisis, the founders started renting out extra space to travelers on a budget. The big lesson learned is that difficult times often lead to opportunity. See:Travel the world with Airbnb So John Battelle has some lessons and advice. The founder of Federated Media, Industry Standard, and the author of "The Search" tells entrepreneurs to sell as little of the company as possible.Batelle also preaches to admit what you are not good at and realize what you are good at. See: John Battelle on conversational marketing This episode is brought to you by ... [ Read more ]