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. …
Happy Monday everybody. 💡Here’s your Startup Tip of the Day: There are four (4) main areas of bottlenecks within any startup company: A. Operational B. Financial C. Social D. Intellectual 🤝Let’s Talk Social >> You’ve heard the expression, “you are the average of the five people you hang out most with”, right? ☝🏼Well, your startup’s …
☝🏼What makes an idea a great business is often not the idea. You heard that right. While everyone’s out there hunting for the next Uber, Airbnb, Google or Alibaba, the real entrepreneurs are busy testing new concepts instead of dreaming, writing business plans, and overthinking the crap out of everything. Entrepreneur = Average Idea + …
Happy Friday everyone! Today’s Startup Tip of the Day comes to you from my personal experience running my own startups over the past decade. 💡TIP OF THE DAY💡: STORIES SELL. FEATURES DON’T. There is a distinctive difference between a company that symbolizes something greater than the sum of their parts, and a company that just …
I’ve had thousands of buyers turn me down over the past decade. If they all said ‘yes’, I’d have no idea if they bought because they liked the product, the price, the mission statement, my pitch, something else? I’ve been turned down by dozens of investors, but each time I got a ‘no’, I got …
If you only listen to one thing from me, listen to this 👇 We must have absolute and total focus on one thing every day when running a startup I can’t stress the importance of this anymore. There are three roles to every business: 1) Working In the Business 2) Working On the Business 3) Working …
Most folks want to feel passion in their work, and don’t want to necessarily own or run a big business with thousands of employee headaches, board meetings, earnings calls and compliance requirements. They don’t want the endless hiring, the gut wrenching firing, the page after page HR compliance paperwork, or the “How the hell am …
PICK YOUR FLAVOR OF FAILURE: A common fallacy among observers of entrepreneurship is that they believe that startup failure happens at the end — the culmination of a series of compounding bad decisions that leads to a singular outcome — namely dissolution. That’s not accurate. Failure happens at virtually every stage of a company, …
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