I have previously written about how elementary school-aged kids are capable of learning and grasping complex business skills if instructed on such topics, and that the core K-12 curriculum is broken—too much about rocks, state capitols, and cotton gins, and not enough about entrepreneurship, technology coding and other useful skills they may need to succeed in life—especially […]
I offer my perspective on ten common startup failure sources that rarely get admitted by entrepreneurs.
One of the biggest challenges we all face when put into business leadership roles is how to communicate most effectively.
“I’m a cash-poor startup Founder looking to bring on my first employees. I can’t afford full salaries, so what creative options can I use to get the help I need?”
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. Taking on equity investors to fund your company is much like getting married – it is a long-term relationship that has to work at all levels.
In the current environment with how coronavirus is impacting large and small businesses, putting a focus on e-commerce is absolutely essential. I’ve been in the e-commerce world since 1996 (when Wine Library launched an online store) so I’m a huge believer. But at this point, the cat’s out of the bag. I just can’t imagine anybody not […]
The average length of a funding pitch to angel investors is ten minutes. Even if you have booked an hour with a VC, you should plan to talk only for the first fifteen minutes. The biggest complaint I hear from fellow investors is that startup founders often talk way too long, and neglect to cover […]
Founders – if you can’t get the message across in ten minutes, more time and more charts won’t help.
You may be in a position where you have to make some very tough decisions about your team and its future. Here are a few tips to help you navigate that journey.
Marketing is typically your highest expense outside of payroll. In normal markets, you are spending around 10-30% of your revenues in sales and marketing related investments.
Survival and success are both about doing the right things, and not about doing everything.