I’m Thankful for Cofounders
Monday, 25 November 2019
It’s a marriage. I’m a bit surprised by how many entrepreneurs start something merely hoping to have a business, solve a problem, or accomplish something. I can’t recall when I’ve ever seen that work, substantially. Launching a startup is like having a child, and finding committed cofounders is a marriage. The difference is that you
- Published in Startups
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Start Up with the Exit in Mind
Thursday, 14 November 2019
EVERY founder should plan with the exit in mind. Whether that’s getting acquired, merely successful, going public, or otherwise, most startups struggle to bring on board resources and capital because they never think through and communicate what the FUTURE means for everyone. I don’t care if you want to get acquired or stay private, what
- Published in Startups
Startups Often Try to Monetize too Early
Thursday, 17 October 2019
I was just asked, What are examples of startups that tried to monetize too early? and my gut reaction was, “all that fail.” Before you jump all over that blunt and obtuse, and too narrow, reaction, let’s explore… Encourage you actually ask the question in the inverse. How or why are so many dominant and
- Published in Startups
The Insecurity of Costs – Accelerating New Business Development
Monday, 09 September 2019
GENERAL STARTUP STATISTICS 69 percent of U.S. entrepreneurs start their businesses at home. According to the National Association of Small Business’s 2017 Economic Report, the majority of small businesses surveyed are LLCs (35 percent) followed by S-corporations (33 percent), corporations (19 percent), sole proprietorships (12 percent), and partnerships (2 percent). 51 percent of people asked, “What’s the best way
- Published in Industry, Insights / Research, Startups
The Introverted Entrepreneur
Tuesday, 13 August 2019
“How do I become a better CEO as an introvert?” So I’ve been asked. And it’s a surprisingly common topic hinting that many are questioning if their introverted nature is handicapping them as a founder, leader, executive, or that CEO. At first blush, a thought to appreciate is Confirmation Bias OR Perception Bias. Confirmation Bias
- Published in Insights / Research, Startups, Uncategorized
Peter Drucker: Decades Later, Perhaps More Relevant to the 21st Century
Thursday, 08 August 2019
The best way to predict the future is to create it. Management is doing things right; leadership is doing the right things. There is nothing so useless as doing efficiently that which should not be done at all. The most important thing in communication is to hear what isn’t being said. Knowledge has to be
- Published in Advertising, Insights / Research, Startups