From the category archives:

Entrepreneurship

Your team is more important than the idea

By Jun Loayza on February 16th 2010 in Entrepreneurship 12 comments

So far, you’ve identified a pain and verified your idea by speaking to investors, entrepreneurs, and potential customers. Entrepreneurship is not a one man show, so lets go find you some teammates that compliment your skills, your passion, and have the ability to lead your startup to success. After all, the number 1 reason an investor invests into a company is because they trust and believe in the startup team.

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How to test if your startup idea will succeed

By Jun Loayza on February 9th 2010 in Entrepreneurship 29 comments

On our previous post, we reasoned and gave examples of why it’s better to Solve a Pain than to Follow Your Passion. Now that you have taken a week to develop some ideas for solving pains in your life, it’s time to put them to the test. The smart entrepreneur never charges into battle without [...]

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8 People Who Should Never, Ever Start A Business

By Steve Spalding on February 8th 2010 in Entrepreneurship 24 comments

Should you start a business? Probably. If you are asking the question that proves a couple of things to me. The first is that you have the pioneer’s spirit, that you are at least vaguely interested in getting out on your own and making something of yourself gosh darn it. The second thing it tells [...]

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Make the transition to the Untemplater lifestyle with a 5-to-9 job

By Albert Ciuksza Jr. on February 4th 2010 in Entrepreneurship 24 comments

The hardest thing about wanting an untemplate life is dreaming about it while sitting in a sea of cubicles, dealing with people that too-closely resemble characters from Office Space. You know there’s a better way, and this site is proof. But getting there, with the responsibilities that are a part of the real world, make [...]

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Solve a Pain or Follow Your Passion?

By Jun Loayza on February 2nd 2010 in Entrepreneurship 28 comments

During my young days as an entrepreneur, I was taught to find a pain in my life and solve it. Nowadays all I hear is “Make money following your passion!” or “Turn your passion into a business!” I mean EVERYONE is telling you to do this, not just the big dogs. Last week, Seth Godin [...]

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Before you start: Prepare for the Emotional Realities of Entrepreneurship

By Jun Loayza on January 19th 2010 in Entrepreneurship 17 comments

As a young entrepreneur, I made mistakes that caused entrepreneurship to be a lot harder than it should have been. These mistakes are not about hiring, marketing, operations, or funding; instead, these mistakes are emotional in nature: I spent two years hungry, unable to take my girlfriend out to nice dinners or vacation trips No [...]

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Which path should you take: Corporate Professional vs Entrepreneur

By Jun Loayza on January 12th 2010 in Entrepreneurship 34 comments

At times I feel entrepreneurs are too critical of the corporate world. Sure it involves a lot of grunt work and ass-kissing to move up the corporate ladder, but there are A LOT of benefits to learning from the corporate world that the startup life just doesn’t provide. At the same time, just because you [...]

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You Are Probably Insane

By Steve Spalding on January 6th 2010 in Entrepreneurship 21 comments

If you analyzed psychology of your average entrepreneur, you would discover a person in serious need of some rather comprehensive therapy. We are overconfident, risk seeking, gamblers with half-cocked beliefs in our ability to overcome the near statistical impossibility of surviving in business. Add to this the compulsions that drives us to work 60-100 hours [...]

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Become a Young Successful Entrepreneur: Series Introduction

By Jun Loayza on January 4th 2010 in Entrepreneurship 32 comments

Three years ago I got my first sweet taste of entrepreneurship. I was a 4th year undergraduate at UCLA, and I had successfully established Bruin Consulting and the first Undergraduate Case Competition. There is no high like startup success. Two years ago I got my first bitter taste of entrepreneurship. We were 1 year out [...]

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