Here’s your Startup Tip of the Day (that no one is going to tell you about but me): Founders, meet Rejection. • From the ever popular, yet unoriginally benign “I think I’m going to pass”, “Thanks, but no thanks”, “This just isn’t a fit for us right now”, and “I think we are …
Here’s your Startup Tip of the Day Happy Wednesday Founders! In traditional corporate finance, you typically learn the 3 most important financial statements: Profit & Loss (P&L) (or Income Statement) Balance Sheet Statement of Cash Flow A Profit and Loss (P&L or Income Statement) will indicate the overall income, cost of goods sold, gross profit, …
Happy Monday Founders! Here’s your Startup Tip of the Day: BUSINESS PLAN – BUILD WITH THE END IN MIND At most Business Schools, they used to teach you to write a business plan and try to predict it all. ………. Let me tell you, startups don’t happen like that. ………. I wrote a 50 page …
Happy Thursday Founders 🙌🏽 ✍🏽Here’s your Startup Tip of the Day: Innovation should never be a siloed appendage; it must be a systemic attribute. What the f*ck does that mean? 👀 Founders and managers, listen up.🤫 💡If you don’t breed entrepreneurial thought & action into every area of your company – from the warehouse packaging …
Happy Wednesday Founders! 💡Here’s your Startup Tip of the Day: Love at First Site What’s the first touch-point of your user or customer to your brand or experience? Often times, it’s your website. So what happens when we spend so much time building the world’s greatest widget, gidget or fidget spinner, and our website either …
Happy Tuesday Founders! 👇Here’s your Startup Tip of the Day: I speak to a lot of founders who have already launched, and are trying to scale as fast as possible but in a profitable way. One of their main challenges is how to increase their sales without sacrificing profitability. So here’s what I show them: …
Happy Monday Entrepreneurs! Here’s your Startup Tip of the Day: “In the middle of every difficulty, lies opportunity” – Albert Einstein For every action, there is a reaction. So when we “pitch” a prospective buyer, a potential investor, a new employee on working for us, there will always be a risk that you hear a …
Over 4 startups I’ve been a co-founder of, there’s been so many moments where I just wanted to throw in the towel, and give up. From tech glitches that caused months of delays, to running out of cash when you least expect it, to deals that fall through when you’re banking on them closing, I’ve …
Did you know that for the first time founder, a product launch represents the ultimate build-up moment to get everything just right. But for the repeat founder, a product launch represents the first of many, many revisions to get it right. Most launches produce lack-luster results. That’s just what to expect so temper your expectations …
The best founders listen 2-3X more than they talk. Are you listening to your customers, suppliers, investors, and employees? How deeply are you truly listening? Listen without judgement takes patience, and also radical candor. Much of what you hear might not suit your initial assumptions, or be in alignment with your vision, plan or ego. …
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