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I’ve made monthly peer-mentoring sessions of 10 to 12 other entrepreneurs an integral part of my ongoing education. In no small part, the knowledge I’ve gleaned from my EO peers led me to my newest undertaking. Why Peer to Peer? Accountability is another major benefit of peer mentoring.
Here is advice I collected for dealing with the stress of running a startup: 1. Brad Feld, a partner at Foundry Group and investor in many successful startups, gave me this piece of advice. Join a CEO peer group. If you are in a peer group with other CEOs , it’s much easier to get perspective on what’s happening to you.
I wrote this conundrum and the need to take charge of how the market define your skills in my much-read blog post on “ personal branding.” But if you want it in it’s full V1 glory read on … You’ve never been a CEO but might like to be one some day. Nobody sees you as a CEO since you’ve never been one?
I was reading Chris Dixon’s blog tonight. I came across this blog post about getting a computer science degree as the best degree for getting into venture capital or working at a VC-backed start up. He’s a star who has a very intuitive feel for technology and … no MBA. I had to laugh a bit reading it.
Before diving into entrepreneurship, wouldn’t it be ideal to tap into the knowledge of experienced, thriving business owners for advice on failure-proofing a new business? Validate product-market fit. “Do Do whatever legwork is possible to validate your product-market fit before investing everything in your concept. Beware of overbuilding.
If you've never blogged before, you might not get what I mean, but it's akin to how our view of the world changed the moment we all started carrying around cameras in our pockets. Being a good angel or VC has a lot to do with pattern matching. Its certainly not a way to become a great advisor. 3) Start with funds.
I’m going to save that for a future blog post. Let me start by saying two things: Events like this are invaluable to startups because the significant value comes from building the network across portfolio companies and the discussion one can have with your peer group.
I only say that because after years as a VC I can always tell when my peer group invested in something because “it seemed like it would make money” versus when they invested out of passion. His blog is even called SaaStr (a bit too close to Suster if you ask me ;-)). Are your investors truly passionate about what you do?
The frantic pace of technology cycles, the amount of tech news, the blogs, the conferences, the demo days, the announcements, the fundings, the IPOs. It got me thinking about the advice that I often give to new VCs. Somehow the world seems to be spinning faster these days than just a few years ago. It’s exhausting.
I recommend you read Fred Wilson’s recent blog post about the need for a well articulated business strategy before pushing a particular business model. I found myself in violent agreement with Fred’s blog post(s). He then brought her to board meetings so nobody could accuse him of not having a business model. ” True.
Sometime around 2003/04 my technology team turned me on to “Spolsky on Software&# a periodic newsletter served up blog style from Joel Spolsky of FogCreek Software, a maker of bug-tracking software. Blogs weren’t popularized yet so it was an oddity for me to read the founder of a software company spewing out advice.
If you’re a technology startup you need to excel at product, of course. But being best-in-class at online marketing is also a sine qua non to standout from your peer group. Yesterday I wrote a post about “ growth hacking ” and why I thought it was wrong that people were hating on the term unnecessarily.
As someone who’s dedicated her career to helping small-scale entrepreneurs grow their businesses, I’ve heard many skeptics say a business accelerator program is just a cover for startups looking to increase capital. On a personal level, giving entrepreneurs the support and resources to realize their potential is immensely valuable on many levels.
This is part of my blog series “ Pitching a VC.&#. The advice I gave to my sales execs is the same advice I would give to you: smiling, nodding heads are normally not a great sign. They seemed to agree with everything I said.&#. They might even like to challenge some of your assumptions. Tips in a debate led VC Meeting.
But I strive to impact the lives of many more through hours of coaching entrepreneurs, challenging people to be better, making human connections for people or providing timely advice. Your advice made a difference.&#. Many of us have the ability to change the trajectory of other people’s lives. If I need to be blunt I am.
At the start of 2020, Chelle Neff is wrapping up a decade of considerable success, growth and innovation. In addition to developing Urban Betty , a successful salon with two locations, Neff also created an app for stylists , produced a book about homes in Austin, Texas, and even reached the Inc. 5000 list twice! . What drives you? What’s next?
I talk ideas out with peers, gather feedback and then methodically move forward. Vision: When talking with investors and other advisors, it’s easy to get pulled off task by following advice that’s not right for your idea. This story was featured in the March 2015 issue of Octane magazine. Start before you’re ready? I’m no different.
Check out the advice from these experts to get some insight. So they need to stay top of mind with anyone that could bring them business, including current clients, past clients, and peers. COVID-19 has caused many people to pivot unexpectedly. But pivoting in business is not for everyone. How do you know which category you fall under?
When I met my now-wife, I realized that any technology that can find me a spouse is a killer app. I’d argue that the same type of technologies that have revolutionized dating can revolutionize our industry. . I walk through below how progressive investors are using technology and analytics throughout all of their operations.
I had been inadvertently searching for this kind of peer support for several years, but didn’t even know it existed. Many times, we would bring in an outside facilitator to help us follow our strict protocol of “no advice—just sharing.” During my start-up years at Aqua-Guard Spill Response, Inc., But that was about to end.
When I met my now-wife, I realized that any technology that can find me a spouse is a killer app. I’d argue that the same type of technologies that have revolutionized dating can revolutionize our industry. . I walk through below how progressive investors are using technology and analytics throughout all of their operations.
Against everyone’s advice, I decided to seek out a business partner. When it comes to running a business, there is no go-to manual for greatness or a secret recipe for success. There are, however, key ingredients that can contribute to entrepreneurial excellence. How did you come together to form Pronexia? It was all I knew.
Although technology has permitted teams to stay connected over the past few months, this lockdown presents a second obstacle, as employees battle with the anxiety and worry which this lockdown brings. Take advantage of technology. Even so, it is imperative that businesses continue to use technology to connect their teams.
FC sees blockchain as one of the technologies that will shape the future. Being an effective founder means questioning current paradigms, asking ‘Is there a better way to do this—and am I the person to do it?’ That line of questioning led Mittal and co-founder Boris Silver to build FundersClub in the way they did.
I recently wrote a blog post about why I believe that startup teams in close proximity perform better. Uh, I guess he won’t be co-sponsoring a technology lab in LA with me then? [if you're not old enough to get the reference between this image and the title you can click on the image for a prompter].
One of the things we were chatting about was how many first-time entrepreneurs have grown up digital natives so have a really good intuitive feel for technology & design but don’t yet have the business basics down. So I thought I’d blog about one of the topics we discussed at breakfast – the phone call.
At the time, I was a pre-med student—my father was a physician—and although I’ve always been a design junkie, I had never considered pursuing software or technology as a career path. WALK US THROUGH THE ORIGINS OF PUNCHKICK INTERACTIVE. WHAT INSPIRED YOU TO START A BUSINESS TOGETHER? It wasn’t for me. WHAT VALUE DID THESE PROGRAMS PROVIDE?
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