The Race against Running Out of Cash
Off to the Races, Part 4 Based on a study of over 1,000 seed-funded startups, running out of cash was the third leading factor resulting in company failure: Founder conflict…
Off to the Races, Part 4 Based on a study of over 1,000 seed-funded startups, running out of cash was the third leading factor resulting in company failure: Founder conflict…
Off to the Races, Part 3 Without a market, you won't have a business No amount of passion or technical knowledge can get around that simple fact. Of the 90%…
Off to the Races, Part 2 The initial installment of "Off to the Races" introduced the simultaneous races against Burnout, running out of money, market dynamics, and your competitors. This…
Earlier this year, I wrote a series - The Journey Parts 1-7 - focused on steps successful founders take to evolve from the idea stage to defining their business models, the…
You've come up with an excellent solution to a big problem experienced by many. Your company starts today. You, by default, are its founder, but what got you to this…
Don't let your passion and motivation keep you from thinking like a rocket scientist. New entrepreneurs become enamored with their concept and assume the market exists, and customers will buy.…
To compare the physical challenges of climbing Mt. Everest to those in the startup world is absurd. Unfortunately for first-time founders, the non-physical difficulties are similar. Every frozen corpse on…
By getting to this point in the founder's journey, you can effectively communicate your vision, mission, and objectives. You understand how you're going to start and grow your company. The…
Your vision, mission, and objectives are now clear. You can explain the problem without resorting to storytelling, and you can describe your solution in terms your audience can understand. You've…
Your Fundamentals, Business Model, and Founder SWOT analysis are complete. You've confronted your fears, and you know how you want to proceed. It's time to consider the next steps on…