There’s a reason rockets are stored in silos. Working on stuff in silos kill startups. I laugh at how we ran things when we first started our company. Fired up about every new idea we had we tried to do them all… independently. I was especially bad for this. Focusing on the next great idea,…Read More Islands are the fastest way to kill your startup – how to align your team
Every day ordinary people live extraordinary true stories. A few weeks ago I met Amanda Lindhout. She’s a smart caring person working hard to raise the level of woman’s education in the failed state of Somalia. The story doesn’t start there. We’ve all heard of the pirates of Somalia, kidnapping ships off the nearby coast.…Read More Comfortable lives do not lend themselves to extraordinary things
Last week I finished a course on building a Startup by Steve Blank. The guy is a genius. Here’s 5 slides worth your time.Read More 5 slides from Steve Blank’s course on building a startup worth your time
Almost everyone has it wrong about how to get market traction in a startup. It doesn’t matter if you are bootstrapping your company or have raised 35 million dollars. A lot of companies hire a sales team right away. They are looking to scale their business and jump on the sales wagon. WRONG. Don’t hire…Read More How not to get market traction in your startup?
It is no secret that keeping ones focus in business is challenging. I’ve found this especially true in a startup. That uncertain phase after you’ve got a few early adopters and now are going after the early majority. It can be tough crossing that chasm. Customers went from liking your product because it was new,…Read More How to maintain your focus
Have you ever experienced creative block? You need a good idea and you can’t seem to think of one? I used to run a small clothing company out of my house. I was doing everything from designing t-shirts to manning events and following up with sales. Then my creative juices stopped. I was having a…Read More Innovation is a necessary ingredient for success
Without practical business experience, going to conferences and reading books on starting and running a tech business can give people the wrong impression. Starting a new venture appears to be really easy. Have an idea, go through a tough grind, come out the other end prosperous and successful. Best case scenario, you start a new…Read More 3 simple steps to test the validity of your new tech idea
I was browsing through books on business and leadership at Chapters and was alarmed at the number of authors who weren’t in business themselves. They were journalists for news agencies like the Wall Street Journal or professors at highly esteemed academic institutions. Wanting to get better at business myself I was looking to read about…Read More A challenge! I accept
You’ve heard the expression, “If you build it they will come”? It’s a myth and it’s a dangerous one at that. Too many startups and blogs are created believing (or hoping) it to be true. And some would say it is the reason most new startups fail.Read More Most new startups fail because of this
It’s funny how things tend to take a shape over time. Like this blog, I can see that it is becoming a kind-of anecdotal story of where we are going with our business and some of the lessons I have learned. That’s not what I had intended with it, but at the same time I don’t…Read More As the captain of your startup are you keeping your ship pointed in the right direction?