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6 Sweet Spots That Have Sustained Many Great Startups

Startup Professionals Musings

I n my experience mentoring new entrepreneurs and aspiring business leaders, I see far too many who seem to be driven by all the wrong reasons. He makes a convincing argument that the best leaders and entrepreneurs follow their intrinsic rather than extrinsic motivations. To be a successful entrepreneur, one can never stand still.

Startup 144
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Why “The Culture of Failure” is Imperative to Startup Communities

Both Sides of the Table

I recently wrote about the 12 tips to building successful startup communities. I lived in London from 1997-2005 and for 6 of those years ran my startup based out of London. It was a strange contrast for me having grown up in Northern California where failure seemed to be a badge of honor. I remember this lesson well.

Startup 350
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The Average Startup Overnight Success Takes Six Years

Startup Professionals Musings

Every startup founder knows implicitly that startup success is a long hard road. Google - Larry Page and Sergey Brin started working on Google in 1996 – but three years later in 1999, few people had even heard of it yet. In 2005, Facebook still showed a yearly net loss of $3.63 Then you’ll give up way too soon.

Startup 111
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One Book Every Entrepreneur and VC Should Own

Both Sides of the Table

tl;dr version: If you’re an entrepreneur or VC or will be working in this industry - buy this. When I first started as a startup CEO in 1999 there were no guides on raising venture capital. Drag along rights? – entrepreneurs never seem to focus on anything other than ownership percentage.

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6 Powerful Drivers Shared By Successful Entrepreneurs

Startup Professionals Musings

In my experience mentoring new entrepreneurs and aspiring business leaders, I see far too many who seem to be driven by all the wrong reasons. He makes a convincing argument that the best leaders and entrepreneurs follow their intrinsic rather than extrinsic motivations. To be a successful entrepreneur, one can never stand still.

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How Open Should a Startup CEO be with Staff?

Both Sides of the Table

You took the risk to start your company. ” Your peer group is envious of your finally doing what they’ve always wanted to do but found it too hard to give up the golden paycheck and predictable future. We funded one in 2005 and lost a lot of money. So as a startup CEO you constantly have to suspend disbelief.

Startup 417
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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

I was reading Danielle Morrill’s blog post today on whether one’s “ Startup Burn Rate is Normal. I love how transparently Danielle lives her startup (& encourages other to join in) because it provides much needed transparency to other startups. Let’s set up a framework. Gross Burn vs. Net Burn.

Startup 383