One of the most fascinating decisions to make in running any start-up is deciding when is the right time to start making a profit. The irony is that Untemplater is much more profitable than a website like BusinessInsider.com founded by Henry Blodget, not because Untemplater makes so much money, but because Business Insider, despite it's large following of readers, is still … [Read more...]
The Ins And Outs Of Launching A Startup In Silicon Valley
These days, it seems like everybody is starting their own companies and getting rich in Sili Valley. With Wall St. throwing money hand over fist in social media land, and investors paying mind-boggling multiples, you might be crazy NOT to create a start-up and move out to the Bay Area! Plenty of people got filthy rich in the last dotcom bubble, and plenty more will get rich in … [Read more...]
Success Requires Agendas And Priorities
The world can be one mean, scary, and downright cruel place for the lost and unprepared. It can also be one utterly boring stage for the passive, "someday" day dreamers who follow the same routines day after day, too afraid to break out of the template lifestyle. While there is no guaranteed, flop-free recipe for success, if you can learn how to set agendas and priorities … [Read more...]
How Not To Crumble Under Pressure And Stay Focused
One of my biggest worries is quitting. I despise quitters who don't see things through to the end. And because I despise quitters, I'll end up despising myself if I were to be so cowardly. Yet, I worry because I see the temptation of quitting as soon as things aren't going my way. Pressure is such an amorphous, self-induced concept that just crushes people's spirits. You … [Read more...]
Why You Should Be Going to Conferences
If you’re an entrepreneur (or an aspiring one) it should be a requirement that you go to at least one conference a year. So far in 2011 I’ve been to two, South By Southwest in Austin, Texas and the World Domination Summit in Portland, Oregon. Each has not only changed the way I think about my business, but rather the way I think about my life. The Misconception About … [Read more...]