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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. What is a founder to do? The most helpful type of advice in my mind are frameworks for how to solve a problem.

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The Bad Advice Diverse Founders are Given Around Fundraising

This is going to be BIG.

Yesterday, I met with a founder with an interesting model who was raising $400k to bring the finishing touches to her product to make it customer-ready. In fact, the only founder I've ever seen completely run the table for a multi-million dollar seed round based off of a Powerpoint is Chantel Waterbury of chloe + isabel.

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13 Entrepreneurs Reveal Their Best Business Advice

Entrepreneurs' Organization

Ai-Ling Wong—founder at The Decorateur. Alex Louey—founder and managing director at Appscore . Andrea Grisdale—founder and CEO at IC Bellagio. The reason this advice is so important is that often people are quick to make decisions or take actions, only to use twice the time later to fix mistakes that could have been avoided.

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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. I have one failed attempt at a startup under my belt as a founder and I don't have any particularly usable skills that anyone would pay for like selling, designing, building, etc.

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Blogging for the Hell of It, Not Blogging to Stay Relevant

Both Sides of the Table

I used to love blogging. Blogging proved to be a great way to hone my ideas, have public conversations with people and as it turns out – build meaningful relationships through public dialog that spilled over into the real world. Somewhere along the way blogging changed. Fred Wilson said as much in his blog post today, too.

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Want to Know How VC’s Calculate Valuation Differently from Founders?

Both Sides of the Table

Other founders, “as a privately held company we don’t disclose our valuation.&# Me, “dude, I’m not a journalist. Investors own 25%, the founders own 75%. Investors will always want to get their money out of the company before founders, which in the case where the company is sold for a low price is fair.

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Should You Blog? (yes, and here’s how …)

Both Sides of the Table

I guess let’s file this under sales & marketing advice. I recently wrote a piece for Mashable on how to create a company blog. Since it’s already written (and since I promised not to republish on my blog other than a summary) if you’re interested please have a read over there. What should you blog about?

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