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George Deeb

George Deeb is a managing partner at Red Rocket Ventures, a Chicago-based startup consulting and fundraising firm with expertise in advising Internet-related businesses. More of George’s startup lessons can be read at “101 Startup Lessons — An Entrepreneur’s Handbook.”

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Advice - With my kids now in elementary school, I find myself back playing the same board games again, that I grew up playing. So, with the game of Monopoly fresh in my head, I found some terrific entrepreneurial lessons to share...
Conflicting Advice
Advice - I am a mentor for the Chicago chapter of Techstars, now in my fourth year. In the first month of the program, the member companies are immersed with mentorship from the 150 Techstars mentors who are part of the local program. And,...
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Resources - Oftentimes, a magician uses "smoke and mirrors" to make something disappear, right before your eyes.  With early-stage entrepreneurs, "smoke and mirrors" often means making it appear that a product or startup success exists, before...
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Advice - I was doing some keyword research on Google looking for topics that entrepreneurs were looking for answers to, and the number one searched term was "how to start a business.”  I have been writing for over two years now, and just...
Corporate
Accelerators - With the explosion of corporate-backed venture capital funds, accelerators and incubators in the last couple of years, I think the big companies are starting to realize: 1) how important innovation is to staying relevant (watching...
Growth Hacking
Advice - Within Red Rocket’s “101 Startup Lessons—An Entrepreneur's Handbook” I have detailed plenty of low-cost marketing lessons, so be sure to read (or re-read) those posts for more details about how best to market your startup. But...
In-House or Outsourced
Advice - Entrepreneurs have many options to consider in terms of how they go about building their businesses or seeking help. This article will address the plusses and minuses of in-house teams versus outsourced services and when each road...
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Advice - I am not sure how many of you remember the 1989 film, Field of Dreams, starring Kevin Costner, who plays a farmer who builds a baseball field in the middle of an Iowa cornfield after hearing a voice tell him "if you build it, he...
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Advice - I have had the luxury of meeting over 500 startups at Red Rocket over the last 3 years. And, typically, most of them approach me at the same point in their startup development. They have just finished building their new product,...
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Advice - The other day I read an interesting book called “Entrepreneurial DNA” by Joe Abraham, the founder of BOSI Global, an operating partner to venture-backed and owner-operated companies. The book is based on Joe’s study of over...
The Basics of B2B Marketing
Advice - The Red Rocket Blog has detailed many how-to lessons about marketing for B2C companies, and driving sales teams and strategies for B2B companies, which you can re-read from the site index. And, as presented in the past, your B2B focus...
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Advice - Startups have so much work to do, that it is typically much better to hire a smart management team, and let them do their jobs in a hands-off kind of way.  That does not mean letting them run entirely unmanaged.  You should at least...
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Advice - In years past, companies of all shapes and sizes needed to offer a good employee benefits program, with which to attract the best candidates.  That was even true for early-stage startups, since that was one of the hooks to get...
Tech Development
Advice - Most startups get a great new idea, and their immediate instinct to start coding away on building that product with their very limited budgets.  They put on the hat of a consumer using their technology and do their best to build a...
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Advice - The age old question is whether or not good entrepreneurs are born that way, or whether such entrepreneurial skillsets can be learned.  Let’s try tackling the answer to this question, by defining which skillsets make for a good...
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Advice - When writing a business plan, it is critical to do research and set strategy across the following key topics:  (1) your industry/competition; (2) business/revenue model; (3)  sales/marketing plan; (4) management team; (5) cash...

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