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Everybody has a blog these days and there is much advice to be had. Many startups now go through accelerators and have mentors passing through each day with advice – usually it’s conflicting. There are bootcamps, startup classes, video interviews – the sources are now endless. What is a founder to do?
I’m often asked the question about why there aren’t more women who are entrepreneurs. And many of the best women founders. My inspiration to become an entrepreneur came from my mom, not my dad. She was the dominant figure in my family and was both an entrepreneur and a community leader. Every single one.
For some aspiring to be tech entrepreneurs, I often suggest a two-step process, as I argued in this post that “ The First StartupFounder You Need to Invest in Is You.” But I also have advice for the 15% that really do want to be a startup CEO. If you can and if you want to – you should.
I recently read Brad Feld’s thought provoking piece encouraging founders to sit on the board of another startup company. I found it thought provoking because I’ve always believed startupfounders need extreme focus on only their company to succeed. So I’m going to follow Brad’s advice.
Tracy DiNunzio isn’t your typical Silicon Valley startupfounder. She did her first tech startup after the age of 30. She actually IS the prototypical entrepreneur. But Tracy did what entrepreneurs do. Sam is the managing director of Launchpad LA and we were about to pick our 2012 class of entrepreneurs.
This is part of my series on what makes an entrepreneur successful. I originally posted it on VentureHacks , one of my favorite websites for entrepreneurs. I started the series talking about what I consider the most important attribute of an entrepreneur : Tenacity. The best entrepreneurs focus on details.
A while back, when a startupfounder mentioned to me that he wasn’t sure he had the personality to be an entrepreneur, I realized how important that insight was. So here is a list of mentality characteristics which I believe are absolutely necessary for you as an entrepreneur to see in yourself. Jack of all trades.
This is part of my new series on what makes an entrepreneur successful. I originally posted it on VentureHacks , one of my favorite websites for entrepreneurs. Thinking out loud – I’m sure that’s important for entrepreneurs as well. He was at a 3-person startup where he was a co-founder but not the CEO.
Over the years, I’ve had the privilege of working with some of the best entrepreneurs in Silicon Valley and elsewhere. On the average, the entrepreneurs I know are living on Ramen noodles. A question I sometimes get from startupfounders is “What do I talk to these guys about?” Read entrepreneur stories.
When a startupfounder is trying to raise money, they know they should use referrals to get introduced to investors. Usually entrepreneurs try cold-calling investors or asking investors they know to make referrals. It is 100% a waste of an entrepreneur’s time to cold-call investors. Contact them and ask for advice.
14 Leadership Lessons From Successful StartupFounders To gain a deeper understanding of effective leadership, we asked startupfounders and CEOs to share the most valuable lessons they’ve learned from successful entrepreneurs. This was great advice received from the CEO of a multi-million-dollar start-up.
You’ll receive the best practical startupadvice straight to your inbox every week. In this week’s edition, we discuss: Why you shouldn’t always trust billionaire’s advice. The founder lessons found in Uno (yes, the game). Should you trust billionaires for startupadvice? Whose advice should you follow?
The universal challenge of every startupfounder is to get everything done that needs to get done, and still have a life. These steps are not aimed specifically at entrepreneurs, but I see how they can be applied there as follows: Do what you know and enjoy. Figure out what’s really important to you as an entrepreneur.
I’m an entrepreneur at heart so I’m always inspired when I hear stories about innovation. It’s why my investment philosophy is called, “ the entrepreneur thesis.&#. I was meeting with a first-time CEO of a very promising young startup recently and offering my advice on what his priorities should be.
I will even take to emailing people I don’t know offering small bits of advice. I do what I wish all entrepreneurs would do. The same kind of tasks that a startup team has. It’s an entrepreneur with whom I’ve been wanting to work for 6 years. It was a young, first-time entrepreneur who wanted to meet.
This is part of my ongoing posts on StartupAdvice. There are people who tell startups that they should hire the most senior people that they can find. My advice: don’t. I had always been a scrappy entrepreneur. Tags: Start-up Advicestartup technology. I’m not one of those.
Entrepreneurs can still build big businesses on the outskirts.” David encourages entrepreneurs to stay away from the big tech firms (such as Google, Facebook, Microsoft, Apple) because they are hard to compete with. Fortunately the forest is expanding, overrunning traditional industries. Where David is Totally Right.
I see way too many startupfounders who don’t have experience in selling and probably don’t feel that comfortable going to customers and asking for orders. This is probably because many founders are product or technology people. I often hear early stage founders telling me about their initial sales successes.
Entrepreneurs have some of the hardest jobs in the world. At a startup, it’s another story entirely. Entrepreneurs wear many hats: the role of marketing, sales, day-to-day operations and more all fall on your shoulders. For startupfounders, the following leadership traits are key. Commitment.
Oftentimes, I read articles offering tips for entrepreneurs that revolve around generic advice on getting started. The investment platform I founded and run, VenturePole, is the investment partner of HealthInc, the health tech accelerator of Startupbootcamp, the biggest startup accelerator organization in Europe. Franklin D.
However, the journey can be a steep learning curve and present numerous challenges, especially for first-time founders. This article explores five of the most common mistakes startupfounders make and how you can steer clear of them.
Two prominent entrepreneurs share their views on starting a business plus 10 tips every first-time founder should have. A founders journey when taking on the challenge of launching a startup is filled with highs and lows.Their path to success will have challenges, setbacks, and moments of doubt.
Accenture Ventures leader Kathryn Ross has advice for black founders that could be initially deemed counter-intuitive. Kathryn is well-placed to shares insights about black founders and how they are faring in the world of venture capital and entrepreneurship. I actually come from a family of entrepreneurs myself.
So the startup work moves to where the startupfounders live and not vice versa. As big wins happen in regional markets this capital often gets “recycled” back into the startup community in the form of angel funding for other startups. Venture Capital. I was instantly intrigued.
I grew to understand this approach much more when I interviewed a popular serial entrepreneur, Rich Christiansen a while back, who has done almost 30 businesses wholly by bootstrapping. He published a book with Ron Porter, titled “ Bootstrap Business ”, that provides a wealth of practical examples and advice on this subject.
Not that they’re “such a bad idea&# but more that there are inherent problems for entrepreneurs in the process of raising angel money that need to be addressed. This leads to the problem of “herding cats&# for entrepreneurs raising angel money. Here’s where I feel common ground : 1. rings true to me.
Investors won’t trust their precious capital to an entrepreneur who can’t manage their time.” To be fair, investor opinions on this vary and we’ve all seen the proverbial hoodie or casual attire of startupfounders. When pitching investors virtually, you don’t want to start the call like Adam does in the shot above.
Want to tap in to the best startupadvice from entrepreneurs who are out there doing it? Welcome to ‘500 Founders’ where we ask innovators from around New Zealand for their top insights for first time startupfounders. Luke Campbell – Cofounder.
We’ve all heard success stories about schools like Harvard and Stanford churning out startupfounders. It also taps into a lot of entrepreneurs-in-residence, who can bring both the knowledge of how to grow a company and the ability to leverage new ideas from faculty, staff and students and turn them into new companies.
Over the years, I’ve had the privilege of working with some of the best entrepreneurs in Silicon Valley and elsewhere. On the average, the entrepreneurs I know are living on Ramen noodles. A question I sometimes get from startupfounders is “What do I talk to these guys about?” Read entrepreneur stories.
This is part of a series of advice for founders who need to raise money from venture capitalists. The most important advice I could give you before you set out in fund raising mode is to understand that fund-raising a sales & marketing process and needs to be managed. I think there’s some truth in this.
Want to tap in to the best startupadvice from entrepreneurs who are out there doing it? Welcome to ‘500 Founders’ where we ask innovators from around New Zealand for their top insights for first time startupfounders. Matt Miller – Founder. BrakeAce. “My Ani Tawhiao-Lomas – Cofounder.
Sophie Alcorn is the founder of Alcorn Immigration Law in Silicon Valley and 2019 Global Law Experts Awards’ “Law Firm of the Year in California for Entrepreneur Immigration Services.” Dear Sophie: Can I transfer my H-1B to a startup I founded? Dear Sophie, I’m the founder of an early-stage, two-year-old fintech startup.
Entrepreneurs are the rising tide that lifts all our boats. Startupfounders just don’t stop. They are engaged because they have to be — entrepreneurship does not come with days off — but also the special thing about entrepreneurs is that they want to be engaged. By Scott Meacham. That is not the case in entrepreneurship.
Want to tap in to the best startupadvice from entrepreneurs who are out there doing it? Welcome to ‘500 Founders’ where we ask innovators from around New Zealand for their top insights for first time startupfounders. To be an entrepreneur, you must balance naïveté, heart and courage.
I hold true to form and follow my own advice. And we’re here with Dan Martell , who like any great startupfounder is wearing his company t-shirt for Flowtown. And a motley crew of other interesting startupfounders. If you didn’t read it, it’s here. Yes, this is what I look like at 2am.
In driving down the costs of building businesses it’s driving down the age of startupfounders and thus they’re starting companies where young people want to live – in urban environments. And it’s not just the movement from Palo Alto to San Francisco. The same phenomenon is happening in many places.
Watch/listen to the Interview: In this interview Richard Liew talks with James Burnes , Chief Executive at Ministry of Awesome , a Christchurch New Zealand based startup hub helping high growth startups throughout New Zealand to start, grow and scale up. Some of those being, you just mentioned it there, the Entrepreneurs in Residence.
Whether you’re a conversion veteran or a startupfounder just learning the basics, download and subscribe to these sales and marketing podcasts today to boost your skills: 1. Ask any brand expert and successful entrepreneur and they’ll tell you: Design impacts organizations at every level, not just their web site and business cards.
Evaluate investors thoroughly, not just based on the size of their check, but whether they can provide strategic advice and introductions that support your vision. Founders are so anxious to avoid the pain of missing payroll or running out of cash in the near term that they make hasty decisions on investors that cost them later.
So, where does this put you — the startupfounder, entrepreneur or company executive? It’s a great time to be a founder. If you’re committed to building an enduring company and you want to, as Steve Jobs put it, “make a dent in the universe,” then this is the best time ever to be a founder.
Want to tap in to the best startupadvice from entrepreneurs who are out there doing it? Welcome to ‘500 Founders’ where we ask startupfounders and innovators from around New Zealand, What is one piece of advice you would give to people working on their first startup and why?
You know this isn’t likely to lead anywhere and frankly you didn’t quit your job to pursue your life dream of being an entrepreneur to sell 12 months later in an acquihire. And trust me when I tell you that 90%+ of the people can’t wake up every day with the uncertainties and insecurities that startupfounders face.
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