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All about entrepreneurs
What an interesting idea – to be rich – but what does that mean? How do you define rich? What do you do to get riches? What is the result of being rich? These are questions we should all ask if we are to set out on the entrepreneurial path (if you ask me). The…
If you haven’t thought about the WHY then you should. Many ‘younger’ people I hear talk about becoming an entrepreneur seem to heavily focus on this aspect, of getting really rich, and yet most entrepreneurs I know definitely don’t do it for the money (alone). There are many good reasons to not set out chasing…
Not everyone wants to ‘rule the world’ and create a huge business – in fact in my experience almost all new businesses end up being small and serving the entrepreneur’s needs rather than turning into a household name. This is not lauded in the press but frankly why else have a business? It should serve…
So what makes entrepreneurs so special? They come from every country, every walk of life, age, sex, race, creed and religion. Are you one? How can you spot one? I am proud to be an entrepreneur but I am not a "normal person", I am a little mad, some say "visionary", some say a "maverick",…
Many European businesses have flopped (along with many other exports to the USA) when trying to setup in the US due to bad planning and underestimating the costs and challenges. However, it’s not as bad as it’s made out to be to start up a business in the USA if you are prepared and fully…
Spend slowly and test, test, test:With your first money you should be putting together a demo/proof of concept as fast as possible without frills and waste. You then need to test that demo on the market and find out which business model will work for you and your potential customers. This process can be done…
I am sitting in my small and ugly office with no windows, in a crappy part of town, sweating and hoping my CPU doesn’t catch fire! Why? No A/C. Why? Because I love bootstrapping and expensive offices costs lots of my hard won startup funds… All startup Entrepreneurs should know how to bootstrap. Why? because…
From a great quote in Forbes Magazine 75 years ago – just as true today! This has to be the NO. 1 MANTRA FOR ALL SERIOUS ENTREPRENUERS – Take very good note! Mother of invention: "Hatching an idea is only the beginning of the battle. The foundation for nearly every conspicuous American achievement, organization or…
When looking for funding this can be a thorny issue. I am often told that if you ask for an NDA from an investor you look like a ‘beginner’ because they never sign an NDA – this is B.S. – you should always try and get some protection if you can. In my experience over…
Digital Ventures 