Archive for the 'advice for startups' Category

Defining the Concept: Creating a Bulls Eye Target

I’ve spent the last month getting Hundred Dollar Business project #5 ready… I’m officially starting full-time efforts on it tomorrow.
So I was a little surprised when I was at Gnomedex this weekend, and found myself struggling to articulate exactly what I’m working on. The description changed every time I talked to someone new about the [...]

The Difference Between Almost There, and Exactly There.

The guy on the right thought he was “almost there,” and stopped trying so hard. So the guy on the left, who was not even close, ended up winning.
Don’t stop trying hard until you’re exactly there, ok?

Checklists: What Kind of Funding Are You Eligible For?

So, there are a lot of myths about funding, and the biggest one is regarding the types of funding (bootstrapping, FFF, angel, VC, bank, etc.)
For the record, here’s my take on the types of funding, and a checklist of basic requirements that apply to YOU if you are considering pursuing funding dollars from any of [...]

Most Common Startup Questions?

I’m putting together a list of the most common questions I hear from startups… please feel free to leave a comment and add to the list!
What is the difference between angel/VC?
Should I go after angel or VC funding?
How much equity should I make available to investors?
How do I figure out valuation?
How long does it take [...]

Weekly “Big 5″ (4 Plus 1)

Entrepreneurs are notorious for lack of focus. To combat this, one of my clients & I are trying out a weekly “Big 5″ concept, to see if it helps.
On Mondays, we determine the 5 priority tasks for the week that will take the business to the next level. Those 5 tasks are written on a [...]