Posts tagged startup therapy couch
The Startup Therapy Couch: On Hiatus for Denver Startup Week!

This week we are live from Denver Startup Week, where companies, entrepreneurs, and employees come together to celebrate starting up. With a mix of sessions across all different facets of business, technology, funding and more, the week is shaping up to be totally awesome sauce!

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The Startup Therapy Couch: Reason 1 of 7 your startup is failing - "Hocus Pocus, Lack of Focus"

There are a lot of reasons why startups fail, and a LOT of startups that fail. What’s the first thing you can do to increase your chances of avoiding being part of the bleak statistic? Focus, baby.

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Why is the Raika Tech Startup Program necessary?

Why should the Startup Program matter to you as an entrepreneur exploring a new technology idea? Why would you even need it if you feel like you are very clear on what you need to build?

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The Startup Therapy Couch: Other People's Money

Are you ready for investors, or is there more you could (and should) be doing on your own dime to forward your startup?

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The Startup Therapy Couch: The 85/15 Rule

How do you know if you're building a product or service or business that has the potential to be viable and long-lasting? We use the 85/15 rule…

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The Startup Therapy Couch: What's the TRUE Startup Unicorn?

I'm sure you've read the same types of stories I have: Startup ABC raises hundreds of millions in venture capital and is called a "unicorn", successful beyond the wildest dreams of the original founders. And in order to be called successful, these unicorns must have profit, right?

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The Startup Therapy Couch: Entrepreneur is to Startup as {__} is to Football

In honor of the SATs and ACTs that are being taken this summer by terrified and overwhelmed high school seniors everywhere, I give you an analogy to help you understand your real role as the entrepreneur and ideator in your startup.

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The Startup Therapy Couch: Setbacks will happen, and it's ok!

Setbacks. Delays. Snafus. Whatever name you give them, they are going to happen. So what do you do? Do you freak out? Do you run around like a chicken with your head cut off?

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The Startup Therapy Couch: Keep going. You got this.

Every entrepreneur I know will describe a time in the building of a new company and new idea where you feel and intuitively know that you are doing all of the right things... But it seems like nothing is happening.

Just because it SEEMS that way, doesn't mean that's true. Just keep going. The difference between an entrepreneur and everyone else is that this is the time the entrepreneur digs in, trusts themselves, and keeps moving forward.

Just keep swimming... swimming... swimming...

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The Startup Therapy Couch: Know it all... Don't control it all.

You MUST know everything that's going on with your company when you're building a startup. If there's a manufacturing process, no one should know it better than you. If there's software, no one should be better informed about the state of the software than you.

HOWEVER... You CANNOT, SHOULD NOT, WILL NOT be able to CONTROL all of those things. And you SHOULD NOT try. Do what you are good at, be the biggest champion of your product and your people, and let those who are great at their jobs do them well.

Happy Tuesday, you know-it-alls!

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The Startup Therapy Couch: Putting an app in the store WILL NOT make you a millionaire

There’s no easy way to tell someone that spending tens or hundreds of thousands of dollars on an app and putting it in the store is not going to default you to making millions of dollars. It’s even harder when that someone has already spent that money and has no downloads.

Do your customer research, market validation and user testing BEFORE you spend money. And you need, need, need MARKETING.

Carry on.

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