Category Archives: Entrepreneurial Advice

The Search for Serendipity…And Why It Matters To Your Venture

I turn 48 this week and like most people passing from one year to the next, I find myself a bit nostalgic for the way things used to be.  One of the things I miss…a little at least…has gotten extremely … Continue reading

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Scalawags, Scoundrels, and Other Corporate Partners

If you only quickly scan this post, you may get the impression I’m suggesting that relationships with companies larger than your start-up are not a good idea.  If you are getting that impression, please keep reading.  For almost all B-to-B … Continue reading

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How Much Money Should I Raise…$29,542?

Hopefully, you remember the classic TV show Taxi and its despicably lovable character, Louie DePalma.  In one memorable episode, the unforgettable Jim Ignatowski accidentally burns down Louie’s apartment. Jim’s wealthy father sends Louie a signed blank check to cover the … Continue reading

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VentureTips: Don’t Say It! Don’t Say It! Don’t Say It! Ugh, You Said It.

I get to listen to the stories of lots  of entrepreneurs.  I’ve probably spent at least 30 minutes with more than 1,500 of them by this time.  Many of them say some pretty naive things. In fairness, most of them … Continue reading

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The Four Seasons of Your Start-Up…Winter

If you’ve been reading along in this 4-part series of the evolution of your start-up, you may be expecting that Winter is the end of the line.  You may be thinking that somehow I’m going to wrap up the series with a … Continue reading

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The Four Seasons of Your Start-Up…Summertime

Ah, summer. Margaritas by the pool.  A little Kenny Chesney on the patio.  Wearing flip flops to BJ’s (wait, that’s a different post!)  But this is not life during summer inside a start-up company.  It is certainly good news if you’re fortunate … Continue reading

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VentureTips: In Defense of the Downtrodden Business Plan

The recent consensus from investors and experts on business plans is…don’t do them.  Most often I’m hearing that founders have not written a business plan document.  They’ve prepared executive summaries, powerpoint pitches and filled out forms at online pitch sites. … Continue reading

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Let Us Begin with the Beginning

And so, in conclusion, we project that our exit will occur on July 30, 2019. Perhaps the only aspect of your business’s future that is less certain than your 3rd year EBITDA, is the financial exit that you and your … Continue reading

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The Secret Energy of Entrepreneurs

I disagree with those who believe that people can be trained to be entrepreneurs. Scores of scholarly pieces have been written that claim that entrepreneurs are not born, but instead are trained to be good entrepreneurs.  In fact I’d say that … Continue reading

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VentureTips…Make Your Business About Your Customers, Not About Your Technology

A founder came to see me yesterday to give me an update on how 2011 went and to bounce some ideas off of me for where to take the company next.  The company is a small business that is approaching … Continue reading

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