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An Unlikely Unicorn: Lynda.com’s Journey From Garage To $1.3B Sale

InfoChachkie

For those who don’t have the time to listen to our entire talk, I’ve highlighted several key takeaways below, along with the corresponding video timestamp, to facilitate quick access to issues of interest to entrepreneurs. Like a true entrepreneur, even though she was young, she took control of her life and pursued an alternative education.

Sales 113
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What Makes an Entrepreneur? Four Letters: JFDI

Both Sides of the Table

(In case it’s not obvious it’s a play on the Nike slogan, “Just Do It.&# ) I believe that being successful as an entrepreneur requires you to get lots of things done. Entrepreneurs make fast decisions and move forward knowing that at best 70% of their decisions are going to be right. This paralyzes most people.

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7 Ways Every Entrepreneur Should Evaluate A New Idea

Startup Professionals Musings

As an advisor to entrepreneurs, one of the most common requests I get is for an evaluation of a next startup idea. The most successful entrepreneurs focus on solving a problem that they personally have experienced, and are convinced they fully understand. If you are not motivated, you won’t succeed. He succeeded well in both.

Ideas 151
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10 Steps To Second Stage Success For Your New Venture

Startup Professionals Musings

Early-stage entrepreneurs rightly keep their focus on creating an innovative product or service. That’s where I see too much entrepreneur burnout, growth plateaus, and founders being replaced, to their chagrin. Of course, not every entrepreneur wants to tackle this challenge. Separate marketing from sales for further leverage.

Sales 147
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7 Business Mistakes Serial Entrepreneurs Never Make (Twice)

InfoChachkie

As an entrepreneur, I helped create companies which achieved two IPOs and two trade sales totaling $385 million. Public relations at a startup is a sales process. Fallacy: An entrepreneur’s two most precious assets are time and money. In addition to paying the consultant, you must invest time to educate them.

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Entrepreneurs: Take the time to celebrate your exit.

Berkonomics

But what most entrepreneurs fail dramatically at is to celebrate the moment. Not many founders or entrepreneurs do experience the success of a favorable sale of the business they dreamed would make them rich. Others are diluted by subsequent investors to the point where there was nothing for them to celebrate at all in a sale.

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How Baby Boomers Fit In The Realm Of Entrepreneurship

Startup Professionals Musings

In fact, they are well-qualified overall, having worked with high technology and computers for at least 20 years, are highly educated, and highly motivated. Every young entrepreneur needs an experienced partner for credibility with investors, and as a trusted cohort for strategy and growth discussions.