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All about entrepreneurs
These are useful notes I took from a book on HR (Sorry can’t remember its name now): The problem: A) Perfect on paper — intuition says no B) CV& background not right — intuition says yes These are both situations when you want to trust what your intuition is telling you. Unfortunately, your intuition is…
I have got to say this is so spot on I would recommend you print it out and paste it above your PC to look at every day if you are a startup – excellent advice. John Osher has developed hundreds of consumer products, including an electric toothbrush that became America’s best-selling toothbrush in just…
I hate fixed costs and overheads – its all about cash preservation – so I have learned a valuable lesson over the years – make your staff , colleagues and connections your long term friends as you will then be able to contact them later to help you grow your next idea. I saw this…
I learned much too late about the value of mentors and seeking them out. If I had realized this value and had the benefit of a mentor in my early entrepreneurial life I am sure I would have avoided the very many mistakes I have made and the holes I have fallen into. I would…
These are far from rocket science but they do serve to remind us of some entrepreneur essentials in a very short form: Rule 1 – Find a vacuum and fill it – Look for a gap in the market. Rule 2 – Do your homework – Be prepared and keep up to date Rule 3…
I saw an interesting post by a bunch of hackers discussing what it would take to get out of the game or fu**-off out of it as they put it. (http://www.danielharan.com/2008/09/04/vc-part-2-fuck-off-money/) Which startup odds do you prefer? 50% odds of making $1 million20% odds of making $20 million Assume the work involved is the same,…
Serial entrepreneur Mike O’Donnell reveals tips and strategies for starting and building a business venture. This is a funny and compelling video and I found myself thinking yes, yes as I watched what he said…maybe you will too. He’s a great speaker and has clearly been through many ventures and has many good lessons –…
So you thought all entrepreneurs were suit wearing ex consultants huh? Nope the best ones are cool surfer dudes..! Sure the surfing ain’t water based but it’s the same idea – find the big wave, get on its back and ride it all the way. If you are real lucky, you can catch a few…
When raising funds it always comes down to the people in the business, one way or another. It makes good business sense and can make a big difference to your ability to raise funds if you have a strong board of advisors and/or directors. Also, it is always advantageous to have at least one “signature…
When discussing how to finance your business it’s helpful to establish an understanding of the traditional stages of development for entrepreneurial companies. These are: Seed or Concept, Startup, First, Second, Third, and Harvest. Seed or ConceptThis is the wild-eyed, perhaps incurable, inventor stage. There is an idea, a concept, no management team, no prototype, and…
So you have jumped of the corporate “hamster wheel” and taken the red pill, what does this mean? In the very early days it will be a big shock if you were in management at a typical corporate! On the negative side I am sorry to tell you it may mean: In return what can…
After over 20 years of entrepreneurship I can tell you that my ability to make it through really touch times and ‘crunch points’ has been the making of me and something I want to share with you. We all know most people give up a few inches from their goal and there is a reason…
Many years ago I woke up from a long sleep just like in the matrix (one of my favorite movies). I was inquisitive and wanted to try something new. I was like most corporate executives working hard, playing hard, a big mortgage, a big lifestyle, and more than enough keeping up with my successful friends…then…
Some years ago I met a very interesting person called Neil Crofts – he was a man on a mission and now he is the thought leader on authentic business. I liked him very much and since then he has had a family, written two books and started a revolution! He sent me an interesting…
One thing you should always remember before you start on the road to riches: Sacrifice = Wealth Somewhere in the hearts of all successful people is a “sliver of razored ice” (as Felix Dennis would have it) and this makes you a certain type of person – is that you? Better to choose a different…
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