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Advice -  As an Angel investor in early-stage startups, I’ve long noticed my peers’ apparent bias toward the strength and character of the founding entrepreneurs, often overriding a strong solution to a painful problem with a big...
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#NYCTech -  As an overarching mission, PSFK’s 2016 conference was fittingly titled “Ideas that Transform.” The PSFK team – led by its founder Piers Fawkes,– consistently provides a forum for open discussion, bringing in the most...
strategy
Resources -  There’s a saying we’ve become quite fond of here at SMC: strategy is about saying no.What that means in essence is that it’s better to be very good at one or two things than have your hand in dozens of things and excel at...
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Advice -  Entrepreneurship is more about building a business than inventing a product. It’s more about the quality of the execution, rather than the quality of the idea. Most importantly, it’s more about being a proactive leader who...
excuses
Lifestyle - If you constantly focus on what “could” go wrong, you’ll never take your business off the ground.Do you want to start your own company but are hesitant to do so? Risk is an inherent part of life, and there will always be...
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Advice - Outsourcing has been a regular item on the agenda of most businesses regardless of scale because it works. How you manage the outsourcing agreement impacts how effectively it generates productivity for your business.It has been...
banksy
Advice - I had spent the entire week updating my résumé, writing the perfect cover letter, tweaking my LinkedIn and Twitter profiles to be just right for the job I was applying to, and HOURS crafting the email I hoped would get me the...
kat cole
Advice -  Social media can sometimes feel like an overwhelming prospect. There are so many different ways to use it, so many different people to target, and no closing or opening hours. It’s a 24/7 online party that you’re responsible...
Debt Photo
Advice - Back in Lesson #109, we compared equity to convertible debt to bank debt as finacing options for your early stage business.  There is actually another class of investment called venture debt, which is structured as a hybrid between...
burnout
Lifestyle - Liberally using the term “burnout” is a sign of bigger problems. Here’s how to address them.I heard from a big employer recently that some of his staff were suffering from burnout. Talent was falling by the wayside, and...
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Advice -  Young entrepreneurs often are so excited by new technology or their latest invention that they forget to translate it into a value proposition that their customers or potential investors can understand. They can become...
list
Advice - Let’s say you’re starting out in a new company with a greenfield territory, where does one start prospecting? What if you have an unproven product with only a few reference customers? How do you get things going when you’re...
How to Spot Transformational Leaders in Five Steps_JB
Advice - Every high-growth startup will share one defining moment:Your business takes off; you nail a round of VC funding; and suddenly your leadership needs blow wide open. There are so many moving parts — and not enough people at...
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Advice -  Fairly frequently, maybe every few weeks, I get an email saying either:Hey, I am in town tomorrow, do you have time to meet?ORHey, my friend John is in town tomorrow and wants to meet you, do you have the...
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Advice -  While it might be counterintuitive, sometimes the best thing you can do for your business is take a little time off.When your mind is constantly in motion due to the daily tasks and excitement of startup life, the best thing you...
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Advice - Most small businesses are trying to forget the recent recession, and get back to “business as usual.” They don’t realize that business as usual is gone forever. With social media and smart phone conversations, real product...