Month: August 2019

How to Find Your Passion - Reagan Pollack

How to Find Your Passion (the easy way)

Can’t find your passion? Don’t worry.   My Father used to tell me, “Do what you love in life, and the money will follow.” There’s some truth in that.   For me however, I discovered a passion for the entrepreneurial journey, not just the product I was selling, the industry I was serving, or the …

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Why Failure is good for Startup Founders. - Reagan Pollack

Why You Need to Fail

Failure is not a final destination (unless you choose it to be) — failure is an endless journey that moves us continually, and uncomfortably forward, not backwards. Every entrepreneur with a failure under his/her belt has at least a half dozen excuses for why the dream just never materialized. Shoulda, coulda, woulda…dissolved. Failure is a …

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How to stop overthinking your startup - Reagan Pollack - Entrepreneur

Why Overthinking Kills Your Startup

Startup Tip of the Day:   For most first time entrepreneurs, it’s fairly common that 98% of them spend months and months (sometimes years even) marinating on their “big” idea, but fail to get it going.   How come?   They write the 50 page business plan.   They build the 5 year proforma statements …

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Learn how to raise venture capital - entrepreneur's edge - reagan pollack

Learn how to Raise Venture Capital – Get the Entrepreneurial Edge™

AD: Become a Startup Financial Wiz in no time with the Entrepreneurial Edge™ Video Series True Story – when I was 20, I was lucky enough to meet a mentor while attending Business School who really helped guide me with the technical aspects of raising investor capital for my first startup. Angelo Santinelli was already …

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Reagan Pollack

1 month ago

Reagan Pollack
In 2005 while attending Babson College business school, I set out to launch my first internet startup. The vision was to build a platform (back then it was called a web portal) that would connect the music industry and expedite artist discovery (A&R), facilitate new business deals, and bridge the fragmented music business ecosystem. The goal was large, but in order to accomplish it, without prior experience nor significant connections, I broke the mission down into manageable tasks and chunks. This not only helped lay the foundation but also helped me to prioritize which elements would be needed first and subsequently.At graduation, I headed back to Silicon Valley and began my adventure full steam by opening an office, raising capital, and hiring my first ten team members. With a business plan in hand, I had a clear roadmap from an operational and financial perspective, and by spending significant time constructing the website wire-frames, it helped me to better stress test my assumptions with real-world pre-customer feedback. While most of the business plan didn’t materialize the way I had envisioned, it did help me greatly to strengthen my resolve for the vision and gain confidence that the end goal was material. I implore founders today to spend a few weeks writing down their vision and breaking into daily tasks, and the rank them in order of importance - ask yourself “if this comes first, does this unlock value next?” “If this comes next, does this expedite the next phase on my list?” The best (fastest to get to market and grow) entrepreneurs think in phases and are incredible at prioritizing tasks to reach the next tranche of milestones. Being in a startup can be dizzying - there a dozens of potential features to build, hundreds of people to pitch, and time is your enemy. Practicing prioritization - the ability to truly rank each activity by its weight (value) to drive actual traction - will ultimately position your business to win cost efficiently and market effectively. #nostartupleftbehind #entrepreneur #startups #entrepreneurship #founderstory ... See MoreSee Less
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