13 Entrepreneurs Reveal Their Best Business Advice

Entrepreneurs' Organization

The best business advice I was given was in my year 10 woodwork class by my teacher—who was teaching woodwork to boys who were both frivolous and quick to make decisions on cutting into beautiful pieces of timber. The best advice I have ever received came from one of my mentors from the US.

What Most Marketing Advice Doesn’t Tell You

CO.STARTERS

This advice applies just as much to us at CO.STARTERS. The post What Most Marketing Advice Doesn’t Tell You appeared first on CO.STARTERS®.

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Advice from an entrepreneurship expert, with Professor Michael Goldberg

Young Leaders of the Americas Initiative

Michael answered questions from network members requesting advice for their entrepreneurial endeavors. What advice would you give to entrepreneurs and professionals looking to finance their business? What advice do you have for businesses operating in unstable environments? What advice do you have for entrepreneurs looking to expand—how can they use marketing strategies, social media, and product development to grow their businesses?

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The Problem with Startup Advice

This is going to be BIG.

I'm often the last one to leave an event, held back by the most persistant of entrepreneurs trying to squeeze as much advice as they can out of me. Often times, the advice is terrible or impractical. They don't look cautiously at the advice given to them by their favorite VC blogger. I'll show up generally anywhere I get invited to speak. I love public speaking, teaching and generally being helpful.

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The Bad Advice Diverse Founders are Given Around Fundraising

This is going to be BIG.

I can't think of a single time when a white man came to pitch me and I told him his fundraising plans weren't aggressive enough. Yet this is a message I'm giving to women and people of color all the time. It's not that this latter group isn't aggressive enough--after all, they're ditching everything else they could to to start companies. Something else is at play.

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Advice from Warren Rustand: Put Your Head Down and Walk Into the Storm

Entrepreneurs' Organization

Rustand says he’s had calls from more than 300 business leaders at small and medium-sized companies looking for advice. The post Advice from Warren Rustand: Put Your Head Down and Walk Into the Storm appeared first on Octane Blog – The official blog of the Entrepreneurs' Organization. Written for EO by Kalika Yap , an Entrepreneurs’ Organization (EO) member in Los Angeles.

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Advice from a Scientific Entrepreneur to Her 25-Year-Old Self

TechStars

Contributed by Ginger Rothrock, Senior Director at HG Venture s, The Heritage Group. On my drive to work today I was listening to my favorite podcast, 20minVC. Sidenote –When I leapt into the venture world 15 months ago, the 20minVC and TheFullRatchet were my crash course in “how to be a VC”–true story]. Anyway, one question Harry Stebbings asked his guest: “what do you know now that you wish you knew when you were 25” really struck me.

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Career and Resume Advice: Student Edition

Y Combinator

With the launch of YC’s list of startups hiring for fall 2020 interns , I’ve been getting a lot of requests for advice from students about their upcoming fall plans.

Some Career Advice for Aspiring Tech CEOs

Both Sides of the Table

There is a second set of career discussions I have even more frequently than my “angel yourself” advice but this type is almost never discussed publicly in blogs, which tend to emphasize only billion-dollar opportunities, 20-something technical founders and Silicon Valley elitism. But I also have advice for the 15% that really do want to be a startup CEO. A shortened, better edited and with nicer pictures version of this post first appeared on TechCrunch.

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Here is How to Make Sense of Conflicting Startup Advice

Both Sides of the Table

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 some smart if not somewhat cerebral bloggers I read who say that you shouldn’t take any startup advice at all because it’s too generalized to be useful to your situation. This is generally how I try to organize my own views and how I try to give advice.

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The Market Holds The Best Fundraising Advice

Haystack

As lines of code continue to proliferate through the world, as the rate of startup formation increases to seize those opportunities, and as the VC industry expands to support those new teams and opportunities, there is no shortage of people to visit for advice — not to mention all the resources online. In my short time investing to date, I have experienced a phenomenon that, in my own opinion, hurts more than helps — getting advice from too many sources.

Angel Funding Advice

Both Sides of the Table

They have advice to share. Ask them for advice. Tags: Pitching VCs Start-up Advice This is part of my ongoing series Pitching a VC.

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COVID19 Crisis, Business Advice and First Principles

Continuations

Today I want to address all of those running a company or making management decisions with a simple message: avoid generic business advice! By generic advice I mean anything of the form “do x,” such as “cut 20% of cost now.” So what then is an alternative to generic advice? These can form the basis for figuring out what to do and also for evaluating advice. A first principles based approach is always superior to the indiscriminate application of generic advice.

Any advice can be worthless, or worse.

Berkonomics

Ever get bad advice? Ever take that advice without question because the person giving it was an investor, a superior in rank, the chairperson of your board? I’ll bet you have at least one story of bad advice taken and being bitten as a result. Email readers, continue here…] The angel investors could not raise the next, larger round to finance the shortfall and further expansion, putting the fragile young company at risk for following the advice of its board.

Some Advice Before You Hit the Fund Raising Trail

Both Sides of the Table

the most counter-intuitive fund-raising advice you’ll get 8. How to go for the close Some Advice Before You Hit the Fund Raising Trail was originally published in Both Sides of the Table on Medium, where people are continuing the conversation by highlighting and responding to this story. Fund raising. It definitely has a “d” in it, as in it’s really not fun, raising.

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The Most Important Advice I Could Give You About Unicorns

Both Sides of the Table

So here’s advice I give people all the time when they’re raising money. Or they’ll remind me of my common advice to take “ 50 coffee meetings.” The post The Most Important Advice I Could Give You About Unicorns appeared first on Bothsides of the Table. *. Unicorns. The most overused word in the technology industry today. And they aren’t even f **g real. That is how absurd thing have gotten. No, I take that back.

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What We Wish We Knew Then: 7 EO Members Share Advice for Graduates

Entrepreneurs' Organization

The post What We Wish We Knew Then: 7 EO Members Share Advice for Graduates appeared first on Octane Blog – The official blog of the Entrepreneurs' Organization. It’s graduation season for many, which makes this a perfect time to experience-share with the next generation of entrepreneurs entering the workforce—and maybe even joining your company. We asked EO members what lessons they wished they had known when they graduated and joined the working world. Here’s what they shared.

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My Number One Advice for Startups or VCs: Conviction > Consensus

Both Sides of the Table

It spoke to me because it so resonates with my nearly daily advice to entrepreneurs and VCs alike. I went as far as to call it the best Tweet of 2015 so far because it encapsulated my advice so succinctly. All advice you receive is too generic to help you – you need to decide for yourself in your exact situation. I call this process “triangulation” and my advice is always, “ Seek advice but in the end trust your own judgment.”

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Get Off My Lawn! Crazy Kids and Their Sex, Drugs and Startup Advice!

This is going to be BIG.

There are too many people giving advice who have been through one or two startups, none of which grew into a huge company, got to profitability, or an IPO. I think we all need to be a lot more discerning about where advice is coming from. That doesn''t feel like the perspective you get from a lot of advice givers these days. Your advice matches the experience of your accomplishments. Yet, it all sounds like awesome advice to other startup people--i.e.

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Some Advice for Celebrities and Startups Seeking Their Endorsements

Both Sides of the Table

For the most part my advice is simple, “don’t bother.” Entrepreneur AdviceI live in LA. And I’m a VC. So you can imagine I see my fair share of celebrities looking to get into the technology industry. And equal numbers of startups seeking celebrity endorsements in exchange for equity. ” But as ever I’ve had to have this debate in numerous company pitches and board meetings. So I guess it requires some explanation.

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Why being a VC sucks. Advice to anyone who wants to get into venture capital.

This is going to be BIG.

I probably get around a dozen e-mails a week asking me how to get into venture capital. On top of that, anytime I talk to anyone who wants to get involved in startups but isn''t sure what they want to do, inevitably, I hear, "And then I was thinking maybe I should look into venture capital, too.". I usually direct people to this post --still hanging atop the search rankings for " How to be a VC analyst" years later.

The best advice startups will never follow

Berkonomics

There are five attributes of a great investor (see my book, “Extending the Runway,”) the money they offer at reasonable terms, their ability to guide you with advice about the context of your business plan in relation to the marketplace, their experience in the process of growing a company, their knowledge of how to best use corporate resource time, and finally, access to their extended relationships with others who can help speed growth.

Startup Advice

Both Sides of the Table

I usually tell people that everything I learned about being an entrepreneur I learned by F’ing up at my first company. Continue reading on Medium

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Facing Fear: Hilary Swank’s Advice for Entrepreneurs

Entrepreneur's Handbook

Step into the sharp edges, do something that scares you Continue reading on Entrepreneur's Handbook ». life-lessons entrepreneurship inspiration leadership self-improvement

Why you should never have a data room — the most counter-intuitive fund-raising advice you’ll ever…

Both Sides of the Table

the most counter-intuitive fund-raising advice you’ll ever get I’m about to offer you some fund-raising advice that flies directly in the face of what most conventional wisdom will tell you. This is part of a series on fund-raising advice for entrepreneurs and VCs. Why you should never have a data room?—?the

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The Mark Cuban Business Advice Winning Shark Tank Contestants Already Know

Entrepreneur's Handbook

Once you see it, you can’t unsee it Continue reading on Entrepreneur's Handbook ». startup business entrepreneurship work personal-development

Business Growth Advice for Your Business

Smart Hustle Magazine

SmartHustle Podcast with Ramon Ray · Business Growth Advice for Scaling Your Business. The post Business Growth Advice for Your Business appeared first on SmartHustle.com. Money Sales Tips business advice business growth Smart Hustle Interviews startup

Looking to Invest in Real Estate? Check Out This Expert Advice on the Do’s and Don'ts

Smart Hustle Magazine

Real Estate Advice . Divya has some great advice for those who are looking to get into real estate either as a side business or move into it as a full career. Her first piece of advice is not to buy a fixer-upper right away. Check Out This Expert Advice on the Do’s and Don'ts. Check Out This Expert Advice on the Do’s and Don'ts appeared first on SmartHustle.com.

Nick Dancer’s Advice to Biz Owners: “Just Show Up”

Smart Hustle Magazine

The post Nick Dancer’s Advice to Biz Owners: “Just Show Up” appeared first on SmartHustle.com. Nicholas Dancer is the owner and operator of Dancer Concrete Design and he chats with Ramon Ray about concrete, entrepreneurship, leadership, and his new book, Day In, Day Out: The Secret Power in Showing Up and Doing the Work. The Beginning of a Business. Nick runs Dancer Concrete Design out of Fort Wayne, Indiana.

How to Launch a Podcast: Advice for Entrepreneurs

Entrepreneurs' Organization

WHAT ADVICE WOULD YOU GIVE TO ENTREPRENEURS WHO WANT TO LAUNCH A PODCAST? ANY SPECIFIC ADVICE TO FIRST-TIME PODCASTERS? . The post How to Launch a Podcast: Advice for Entrepreneurs appeared first on Octane Blog – The official blog of the Entrepreneurs' Organization. In the second article in our series about podcasts , we talk more with two EO members who launched online audio shows in 2019. In part one, we covered three questions to answer before you launch. .

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A practical guide to a first board meeting: Advice from the pros

This is going to be BIG.

Here’s what I got back: David Hornick, August Capital : "Here's some anti-advice. Jason Pressman, Shasta Ventures : "First board meetings always are a bit scary b/c you actually find out what is going on so my advice to both sides (investors and entrepreneurs) is to have no surprises due to a transparent, thoughtful and engaged due diligence process.

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Reducing Startup Failure - Mastercard Exec Shares Her Insights and Advice for Female Founders.

Smart Hustle Magazine

Ginger's advice to women business owner? The post Reducing Startup Failure - Mastercard Exec Shares Her Insights and Advice for Female Founders. Startup failure is a serious thing. About one-third of small businesses fail during their first year in business, according to the SBA. Ginger Siegel is the head of small business at Mastercard and she shared her insights on what it takes to succeed as a small business owner and reduce the failure rate.

Want to Be a Great Speaker? Public Speaking Advice from an Expert

Smart Hustle Magazine

Advice for Event Planners. Public Speaking Advice from an Expert. Public Speaking Advice from an Expert appeared first on SmartHustle.com. Advice Public Speaking entrepreneur marketing Smart Hustle Interviews

Who Should Founders Listen To For Advice?

Y Combinator

YC Partner and Tutorspree cofounder Aaron Harris on who founders should listen to for advice. 00:00 – Who should founders listen to for advice? 00:55 – Your job as a founder is to build a company not just get advice. 2:25 – Pick an advisor who gives nuanced advice. 4:20 – At the end of the day you need to evaluate the advice on its own merit. Advice Video Feature

Angel Investors Spotlight: An Inside Look at Hudson Valley Startup Fund’s Investment Process & Advice for Founders

Gust

The post Angel Investors Spotlight: An Inside Look at Hudson Valley Startup Fund’s Investment Process & Advice for Founders appeared first on The Gust Blog. Investors' Insights advice angel investors entrepreneursHudson Valley Startup Fund brings together a network of the region’s successful business and community leaders to give back, supporting the launch of the next Hudson Valley visionaries.

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Angel Funding Advice

Both Sides of the Table

Tags: Pitching VCs Start-up Advice

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What You Need To Understand About Productivity Advice

Entrepreneur's Handbook

Productivity advice is about more than doing well at work Continue reading on Entrepreneur's Handbook ». lifestyle self-improvement productivity life-lessons psychology