Most entrepreneurs believe they are “different,” but they can’t quite understand how. They usually explain it by insisting that they are driven to follow their passion, need to be their own boss, want to get rich quick, or want to change the world. I now believe that the roots of the difference may go back […]
Startup failure is knowing our friends aren’t asking about our startup because they already know we’ve failed. It’s knowing we’re the punchline of community gossip, sometimes from fellow Founders who might have a right to joke, but mostly from those who don’t. It’s about trading that exciting victory we dreamed about for the nightmare that […]
“Pivoting” is changing a fundamental part of your business model. It happens on the front end for startups to get traction, and then again later for every company as the economy, competition, and culture changes around them. The pivot can be as simple as changing the pricing model, or as complex as moving from a product business to a services business.
Every entrepreneur and business leader waits too long before really working on the legacy that he wants to leave to society and his family. They realize too late that they don’t really want to be remembered for how many hours they spent on airplanes, how many emails they produced, or even how much money they made for the business.
The best entrepreneurs and the best executives in mature businesses have learned how to foster both high efficiency and high creativity, in a balance that keeps their business ahead of the pack on both sides of the equation.
Never ever do something you can’t afford financially or emotionally. That being said, some make emotional decisions over the idea of “free work.” As they say, “nothing in life is free.”
Even in this age of globalization and virtualization, the geographic area where you choose to live and work can still make or break your startup business. I still have to tell some entrepreneurs that even with the best idea, they have to move to Silicon Valley to find the investors they need, or they need […]
The cap table is a ledger of who owns stock in our company. If you and I are the only owners of the company, there are exactly two entries in the cap table. Easy peasy. But as the company grows, and we start handing stock out to more people, the accuracy of the cap table […]
Data in all formats will soon be the largest source of new opportunities for startups or death.
Since the initiation of Joyance Partners in 2016, our funds have pivoted forcefully toward the emerging science of health and happiness; our investments are now dominated by companies from those areas. We feel this is a shift dramatically in our and our investors’ interests. Health and happiness science is one of the most profound investment […]
How is it that only a few business leaders and entrepreneurs seem to drive exceptional results and disruptive innovation in this rapidly changing market economy (marketquake)? These few seem more adept at executing market and technology turns, not just incremental evolution. They consistently take bold steps to stay ahead of the curve, often contrary to […]