Starting a company is tough. Expect plenty of mistakes, and lots of lessons learned. You’ll have moments of sheer panic and other moments of absolute euphoria. It’s a roller coaster ride. But don’t take things too seriously. Some things are more important than work. It might not feel that way from time to time, and […]
A Crash Course In Startup Assumptions and Lessons Learned
Whether your startup succeeds or fails you’re bound to learn a ton. If you don’t learn a ton, you did something wrong (unless you sold the company for millions and millions, and then who am I to argue with that, right?) The guys at Xobni, a San Francisco-based startup, published some great lessons learned from […]
Instigate And Incubate Your Company Culture Early
The best startups succeed in large part because of a strong company culture. A strong, meaningful company culture is the foundation off which startups can do great things. It’s critical when you first start a business to think about company culture and decide with your partners what type of culture you’d like to build. But […]
Is Guy Kawasaki’s Backhand Better Than His Serve?
In tennis the best way to win points is through an ace. It’s fast and effective. The perfect first shot. Professional tennis players must be trying to hit an ace every time they do a first serve. But they don’t. In fact they rarely hit an ace. The best tennis players in the world hit […]
The Myth of Risky Startups
You should work at a startup. It’s a great experience. Lots of upside. Lots of emotion. Lots of learning. It’s not easy, but it’s definitely worthwhile. Many people’s reaction to that statement is this: “Startups are too risky. You never know if they’ll be around for long…” Webomatica echoed that exact sentiment on my post […]
Startups Can Be Very Stressful, But…
Do you really want to work at a startup? Evan Prodromou has dire warnings for anyone entertaining the thought. “Employees end up working 80-hour weeks, typically for low or no pay and worthless stock options that never pay out. Guilty that living the “startup lifestyle” (work from home, come in late, have fun) has caused […]
Top 10 Reasons to Join a Startup
Joining a startup company is a no-brainer. The pros far outweigh the cons. Whether you’re just graduating, or you’ve done your time “working for the man” now is the perfect time to make the jump. Go work for a startup company. Here are 10 reasons why: More influence. With a smaller team, each person at […]
Is 30 Too Old To Be An Entrepreneur?
I’m just north of 30 (I’m 32) and I just started a business. So being 30 can’t be too old, right? Valleywag examined the age of some superstar entrepreneurs and found that most of them were under 30. But this is a relatively small sampling. Fred Wilson looked at the companies in his venture capital […]
Presenting Financials to Venture Capitalists
What’s the best way to present financials to venture capitalists? You don’t want to pitch VCs with full-blown financial models. Venture capitalists assume your financials are pulled from your backside, totally fabricated, and based on wild assumptions. On top of that, you’ll probably tell them that your financial projections are “extremely conservative” which they’ve heard […]
5 Lessons Learned From Pitching VCs
Going out to get funding isn’t easy. You have to be a salesperson, dreamer, visionary, technologist, operations manager and relationship guru. And that’s just the beginning. By the time you’re done pitching VCs for money you’ll be a PowerPoint wizard and an Excel master. And that doesn’t guarantee anyone will write you a check. But […]