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Advice - This video introduced the idea of customer development and lean startups. An idea and a product aren’t enough, if you want to end up with a successful product: you also have to build a customer base, so that you can sell the product...
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Advice - Hiring is a lot like fighting a fire, if you wait too long to deal with it then it might have already burnt your house down. In the early days of your new company (even when it’s just you), there are always a ton of great reasons to...
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Advice - Savvy entrepreneurs start testing their ideas on potential customers even before the concept is fully cooked. They have enough confidence in their ability to deliver that they don’t worry about someone stealing the idea to get there...
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Advice - Recently, I wrote about domain experience. While having domain experience is not the end all be all for launching a successful startup, it can give you an “unfair advantage," as Mark Suster put it, over those without such...
Gadget Show
Advice - 'Technical entrepreneurs love their technology and often are driven to launch a startup on the assumption that everyone will buy any solution that highlights this technology. Instead, they need to validate a customer problem and real...
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Advice - Fundraising: Love it or hate it, unless you are independently wealthy, it’s key to the success of your new startup. When done right, it can lead to lucrative partnerships with angel investors and venture capitalists. Luckily, in my...
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Advice - Founders note: We will do a story on any NYC Startup that completes this challenge this weekend and documents it on video. You must submit it to us by 10/20. Reach us at dispatch@alleywatch.com.  Here’s a fun weekend experiment...
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Advice - Great entrepreneurs with great businesses frequently find themselves facing Repetitive Investor Pitch Rejection (RIPR) from investors who don’t offer a clear or credible explanation why. This is a serious condition which can be...
Prepare for an IPO
Advice - The first quarter of 2014 has experienced the largest number of IPOs in the past decade, compared to first-quarter data from previous years. With the JOBS Act in place and an improved economy, the accelerated pace is not expected to...
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Advice - In an age of constant digital fanaticism, it’s natural to assume that social networking relationships are the most important connections for your business. After all, how many authoritative headlines have touted the value of...
Money
Advice - Even though the color of their money is always green, all startup investors are not the same. Struggling entrepreneurs are often so happy to get a funding offer that they neglect the recommended reverse due diligence on the investors....
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Advice - The climax of the ALS Ice Bucket Challenge has come and gone, but there are still plenty of people dumping freezing cold buckets of water on their heads to raise awareness about amyotrophic lateral sclerosis (ALS, also known as Lou...
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Advice - Startup culture is an elusive thing. Everyone agrees that you need to have a great one, but no one can really define what it is and what makes a given culture “great”. You can read books about legendary corporate cultures like...
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Advice - Last week I talked about how personalization has redefined the e-commerce landscape. Consumers demand relevant experiences before they click to buy, and if they can’t get what they want from you right now (whether they know what...
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Advice - Many entrepreneurs today work on their startups at night, while they are still working their full-time day jobs. The question is: should entrepreneurs launch businesses with this part-time focus? The answer is: not typically, but it...
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Advice - Whether you are an entrepreneur, a freelancer, or just someone trying to show that you are worth working for, chances are there will come a day when you need to convince someone that you have an AWESOME idea. You need an elevator...

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