My internet startup takes a lot of moving parts: The developer needs to build the product, I need to sell and market the product, and the CEO needs to raise funds, manage the team, and do the accounting and taxes. Every day we encounter a new obstacle or pitch our idea to an investor or potential client to close a deal. My kind of startup involves a complete immersion of … [Read more...]
It’s a job offer, don’t get your panties in a bunch
How often have you seen people freak out when they receive a job offer? All the time, right? I mean, I have. Each time I’ve received an offer, I’ve ran around screaming at people, dogs, even caterpillars telling them how “amazing” and “perfect” the job and company is. The last thing I want to do is burst your bubble, but sometimes that excitement and optimism can greatly … [Read more...]
Your team is more important than the idea
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 … [Read more...]
Are you the ideal candidate?
Have you ever thought to yourself: "I would love to go that school, but they wouldn't accept me"; or "I would love to apply to that position, but, I don't fit their requirements"; or "I would love to start a company, but I don't know if I have the skills necessary to do it"? At one point or another, we've probably questioned ourselves as to whether or not we were the ideal … [Read more...]
How to test if your startup idea will succeed
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 first analyzing the market, the competitors, funding opportunities, and revenue … [Read more...]