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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 - When building a business or product offering, it is comparable to building a house.  First you lay the foundation, then the rough carpentry, roofing, plumbing, electrical, HVAC, drywall, flooring and finishings, in that order.  God...
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Advice - Way back in Lesson No. 13 we talked about how to create a good company culture. But, I recently read a research report on the topic from The Alternative Board (TAB), shared with me by their CMO, Jodie Shaw. This topic was summarized...
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Advice - Most B2B businesses are sales driven organizations, often with a team of expensive sales people in the market trying to hunt down and close new clients. This is typically a really stressful process for early-stage startups, as they...
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Advice -Back in Lesson #42, I wrote about the pluses and minuses of working with family members. This post talks about whether a third-party employee should sign up to work for a family-owned and operated company. Hopefully this advice...
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Advice -You gotta love entrepreneurs. All their passion and excitement around the innovative new products they are building. And, they love talking about their products with others, detailing every feature and functionality of their...
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Advice -If your business has seen successful growth here in the US, it will most likely see success in other countries as well. Keep in mind; you may want to lock up those markets, before some other company does. I recently met a startup...
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Advice -E-commerce is one of the digital tech spaces I follow more closely than others, given my natural love of B2C startups. In the past, I have written about how to grow your e-commerce company and the best e-commerce platforms for small...
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Advice -Let’s face it; most entrepreneurs are really busy people. They focus on launching new products, raising capital or a multitude of other things.  And, with the limited number of hours in a day, who can fault them if documenting...
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Advice -Let’s face facts. Sales people love to close sales, because that is how they are incentivized, through sales commissions. Call it the thrill of the hunt. Most sales teams, sales managers and sales pipeline reports are all built up...
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Advice -“Quick, help me, the inmates are running the asylum” is what is running through the heads of most business owners with multi-generational employees these days.  That is another way of saying those business owners are struggling...
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Advice -Your core products or services are your lifeblood. They are what attract customers, drive revenues and enable a company to thrive. And, the better your products are, the more customers want it, the faster you grow and the further...
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Advice -I recently got introduced to Bobby Martin, serial entrepreneur of First Research and Vertical IQ fame, and author of the new book, “The Hockey Stick Principles--The 4 Key Stages of Entrepreneurial Success.”  I thought he...
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Advice -Very rarely does the same entrepreneur that founds a company have the same skillsets that are required to scale the company. When I meet entrepreneurs that have successfully accomplished this, I give them bonus points. I was...
Feel free to use this image, just link to www.SeniorLiving.Org  This microstock required lots of post processing to get the blue tint. I also needed a bounce card to  get more detail in the glasses.
Advice -Most entrepreneurs think in the present. They know they need money now and they go out and raise whatever they can for their current stage of growth.  But, it is critical that entrepreneurs look far enough into the future to know...
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Advice -Over time, merger or acquisition opportunities may present themselves as growth opportunities for your business. As discussed in the past, M&A can be very distracting to an early-stage business still trying to optimize their...
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Advice -I have previously written about WHEN it is better to drive growth vs. profitability. But, what wasn’t clear in that post, which I want to better explain now, is that it’s mathematically impossible to try to maximize growth and...