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10 Things Every Startup Founder (And Employee) Should Know
Explore Business Insider (Jan 31 2012) Funding , Recruiting
1/11 Congrats! You have an idea. BUT....Don't join an incubator so you can find a technical co-founder. If you can't find someone to code, learn. All it takes is some logic. Try Codecademy or Udacity. So now you need money to fund your idea. Try angel investors first. They are usually entrepreneurs who have sold their businesses and can mentor new startup guys. If they want to give you money, you get a check right away. Unless they have (Read Full Article)
Nine Startup Tips From Michael Dell
Explore Business Insider (Jan 30 2012)
Note: This is an installment in the Iconic Advice series. Other installments include: Jeff Bezos, Steve Jobs, Richard Branson,Walt Disney and Mark Zuckerberg. 1. Degree? We Don't Need No Stinkin' Degrees "As important as school was, I found that it could be very disruptive to a steady income." [Tweet this quote] According to a January 2012 article in Forbes Magazine, nearly 16% of the 400 most affluent Americans do not have a college degree. When the world's 400 richest people are considered, th (Read Full Article)
Comment Mentions: Jeff Bezos Hollywood Dell
57 Things I've Learned Founding 3 Tech Companies
Explore Business Insider (Jan 25 2012) Marketing
1/58 1. Build something you are personally passionate about 2. User experience matters a lot 3. Be technical 4. The CEO of a startup must, must, must be the product manager 5. Stack rank your features 6. Use a bug tracking system and religiously manage development action items from it. 7. Ship it 8. Ship it fast and ship it often 9. The only thing that matters is how good your product is 10. The only judge of how good your product is is how much y (Read Full Article)
Why You Should Stay At Your Corporate Job Instead Of Jumping To A Startup
Explore Business Insider (Jan 13 2012) Funding
These days startups are popping up everywhere.
In Q4 of 2009, less than 10% of state VC deals were devoted to seed funding in New York and California. By mid-2011, that figure jumped to 25% in Silicon Alley (NYC) and 13% in Silicon Valley (via Mashable).
But just because things are trending in that direction does not mean launching a company is a smart move for everyone.
(Read Full Article)
Comment Mentions: New York California Forbes
35 ways to please your angel investors
Explore Business Insider (Jan 6 2012) Funding
This post was originally meant to be called “How to raise seed funding on AngelList when you are the underdog” but then I figured out that I was starting to sound like Henry Blodget. I’m sure someone can write a nicer blog post about this. I just want to focus on the basics. (Read Full Article)
Comment Mentions: Mark Suster Cisco Facebook
How To Take Your Startup International
Explore Business Insider (Dec 22 2011)
Letslunch launched in Italy with explosive media coverage! We had mentions on national television, Cosmopolitan Magazine, Millionaire Magazine, and received thriving social buzz all over Italy. Here are the lessons from our experience. Sometimes you get overwhelming demand to launch your startup internationally. Postpone it! Do not attempt to launch at a location foreign to you until you have gained traction in one city/country, and thus, avoid the hassles of extra paperwork, managing human cap (Read Full Article)
Comment Mentions: Italy Paul Graham
VC Reveals Everything You Need To Do To Land Investors For Your Startup
Explore Business Insider (Dec 21 2011) Funding
Tom Kinnear has been involved as an investor, board member, or founder in starting 11 companies -- five of them with a combined exit value around $700 million. (Read Full Article)
Comment Mentions: University of Michigan
Some Simple Advice to a Startup CEO
Explore Business Insider (Dec 16 2011) Recruiting
I often speak with executive management teams looking for expansion capital and many of them seemed unprepared for this daunting process. Show an option without raising at all…this will demonstrate your confidence in your business. Nothing can derail a successful venture investment faster than a screwy set of books or legal structure. Focus on key management team hires and assume you’re going to make a few mistakes. A great hire can have a big impact on a company, but a wrong one can have an eve (Read Full Article)
Advice from startup executives on work-life balance
Explore Business Insider (Dec 16 2011)
We asked 10 startup executives who are also awesome parents how they balance everything. From Facebook COO Sheryl Sandberg to BuzzFeed CEO Jonah Peretti (who has 2-and-a-half-year-old twins), here's their advice. Here's how 10 startup executives have it all (Read Full Article)
A Complete Guide To What NOT To Do When Launching A Startup
Explore Business Insider (Dec 16 2011)
1/13 Don't think that things will just come naturally to you because you're an entrepreneur: Think of ideas, pick up the phone and do the work Don't put off the legal groundwork Don't be afraid to learn faster than anyone else — which means it's OK to make mistakes early in the game Don't forget to reach out to mentors and advisors who have done it before and believe in you Don't forget that you get what you pay for — especially when it (Read Full Article)
When You Should Quit Your Startup
Explore Business Insider (Dec 3 2011)
I never had direct responsibility for big numbers of people before Peek — just a handful in previous startups like Virgin Mobile or when I worked at McKinsey. But at this point I have hired and fired over 100 people and been part of maybe 250 decisions like that — a big chunk of that as my various companies have zigged and zagged through various market situations. At Peek right now we are just absolutely kicking ass and it was only possible because we removed lots of people (and brought on lots (Read Full Article)
Comment Mentions: Eric Paley
Start Up Strategies from Successful Entrepreneurs
Explore Business Insider (Dec 2 2011)
A sluggish economy continues to drive more workers to consider starting their own businesses. These budding entrepreneurs, consultants and small business owners face enormous hurdles during their start up year and according to a recent article in the Wall Street Journal, the trend in entrepreneurial start ups is “lean.” The WSJ article sites a recent Kauffman Foundation study statistic showing start-ups are now being launched with an average of 4.9 employees, down from 7.5 in the 1990s. And, the study concludes, this may be a permanent trend. Our own anecdotal (and highly unscientific) polling of readers leads us ... (Read Full Article)
Comment Mentions: Kauffman Foundation WordPress




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