Yesterday, the Dow Jones lost 459 points and the S&P 500 declined by almost 2.25%. Spotify went public in one of the strangest offerings of all time and reports about “The Trump Slump” battered the news wire. Yahoo! Finance covered
The Hollywood version of startups often involves some divine inspiration by the company founders. It’s usually a flash of brilliance and recognition that becomes the basis for their entrepreneurial venture. But, it’s not always that way and, in fact, we’d
When advising new founding teams, entertaining an investment in new startups, and even talking with entrepreneurs about our book, The Startup Playbook, the concept of achieving work-life balance comes up frequently. Almost always, what the founders mean by balance is
Thanks to all of you, The Startup Playbook has been selling like gangbusters. We passed 4,000 books sold in the month since the book was released. Putting this in perspective, the average business book these days sells about 1,000 copies
As a founder, you probably hear more often than you care to that there is no substitute for effort while building a startup. Effort, generally, is going to equate with time (which, as known by everyone who has ever been
I’ve spent a considerable amount of time playing angel investor over the years which has given me the chance to meet many great entrepreneurs. In general, when an entrepreneur contacts me, he/she is looking for money, advice or both. Generally
Startups hemorrhage cash at the beginning (in most cases). Be ready for it to impact your wallet. While you may not be personally investing in the business with your existing cash, it is likely that you will be making less
Let’s get this out of the way first, yes, you need to have a board and startup board meetings. Read this and you’ll know why. Now that’s out of the way, let’s get on to the topic at hand. Startup
We’ve discussed hiring in a startup before, here and here. Our conclusion in both posts is that creating a well-rounded team is critical to startup success. But actually building such a team can be difficult. Everyone on a team is
We’re sorry to say that it’s highly unlikely you have a unique startup idea or will come up with one. The world is loaded with really smart and observant entrepreneurial people. Often, these people are already working on implementing an
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