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New Year, New Entrepreneurs: Five tips for supporting early-stage entrepreneurs ?

Source Link

While starting a business is a common new year’s resolution, soon-to-be entrepreneurs make the leap for a variety of reasons. To effectively support any entrepreneur, you must develop an infrastructure of resources in your community. Early-stage entrepreneurs, like all entrepreneurs, have their own set of unique needs.

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Vinod Khosla’s advice for top VCs? Don’t sit on your founders’ boards

TechCrunch

Serial entrepreneur and seasoned investor Vinod Khosla has some strong, contrarian advice for the venture capital industry: don’t sit on your founders’ boards. Other VCs accuse us of being very active and very engaged — but the flip side of it is they vote on boards.

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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. Maybe you reminded them unconsciously of an entrepreneur they regretted passing on in the past. Most startups fail.

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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. We all have in our past. But I digress.

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How Boards Need to Evolve Over Time

Both Sides of the Table

I’ve written a few posts about boards recently as part of a series on the subject. I admit that I haven’t yet read it but I’ve had numerous discussions with Brad over the years about board structure & conduct and consider him a mentor on the topic. Offering a sparring-partner function on strategic decisions.

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How to Win Consulting, Board, and Deal Roles with Private Equity and Venture Capital Funds

David Teten VC

You can work as a consultant, an interim executive, a board member, a deal executive partnering to buy a company, an executive in residence, or as an entrepreneur in residence. . As a next step, we recommend that you register at the major expert network websites, as well as LinkedIn and job boards, if you haven’t already.

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How Entrepreneurs Can Prevent Problems In Their Work-From-Home Strategy

Entrepreneurs' Organization

When Pete approached me for advice, I recommended the “Failure-Proofing” strategy, which is a pragmatic and easy-to-use technique to defend against planning and project disasters. Next, use an approach informed by the premortem technique and ask the participants to imagine a future where the plan failed.

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