I’m thinking about raising money but I’m a little concerned about how having investors might change my potential path. I understand the upside of having investors, but are there some downsides I should be concerned about?
Gary Vaynerchuk shares some tips on how to approach influencer marketing in our marketing mix.
Backable,” by Suneel Gupta with Carlye Adler, solidifies my belief that anyone can learn to be perceived as more credible and persuasive, and it’s a skill that every entrepreneur and business professional needs to master. Here are seven key steps which both Gupta and I agree are necessary for success.
Many startups fail before reaching that magic “cash-flow positive” position they have been striving for, despite seemingly reasonable financial projections. A closer analysis often indicates the cause to be a lack of diligence in handling common business finances. These mistakes are usually masked by excuses, like the economy turned on me, or my competitors played dirty.
We’re well into 2021, and although vaccination campaigns are inspiring new hope and will eventually lead the way towards a renewed sense of normalcy, the challenges of the past year are still acutely felt. In venture capital, the economic effects of the pandemic add up to a unique moment in time where opportunities and risks closely coexist. One lesson 2020 has certainly taught us beyond any doubt is that predicting the future is risky business.
All human progress operating in service of bettered humanity is a response to one essential question: how do we evolve current knowledge into revolutionary concepts? In my four decades as an inventor, I have often found my response to this question to be one of medically-directed invention.
When I finally exit my startup, am I going to feel that sensation that Tom Brady must feel after he wins Superbowls? Like a ticker-tape parade to my victory, only the ticker tape is made out of $100 bills and my arm falls off from high fiving everyone?
For many, it’s hard to make the switch from that top-down order-giving culture, and it’s hard to find the time to recruit and coach the new team members you need to scale the business to success. Many new businesses fail at this stage because they don’t build the required team culture to keep teams engaged and committed, and founders burn out trying to do too much.
As a Founder, when do I get a raise? Everyone else seems to know that every year we (try) to give everyone an annual bonus, and when market conditions are such, a significant jump. But when does that filter back to my wallet? How do I establish reasonable expectations for myself?
Every smart entrepreneur needs to realize that trying to treat every customer the same, with limited resources, may mean that you are treating them all poorly, or at least limiting your own growth.