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!Read More
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.Read More
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?Read More
Are you ready for investors, or is there more you could (and should) be doing on your own dime to forward your startup?Read More
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…Read More
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?Read More
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.Read More
It's almost impossible to do business of any kind without consulting an attorney, but when is the right time for an entrepreneur to get one? And what kind of attorney is right for you?Read More
"Content is king." You hear it all the time. All. The. Time. But what does it really mean?Read More
What is a startup-er to do when things go awry? Run for the hills? Shut the whole thing down? Shred one's towel and throw oneself into the abyss?Read More
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?Read More
"I just had an awesome idea! I bet Google would buy that, it's $100M idea!"
Today I'm doing a little bubble-bursting. Google isn't going to pay you $100M for your idea.Read More
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...Read More
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!Read More
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.Read More