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The best advice startups will never follow

Berkonomics

Dave’s note: This is a reprint of a 2015 insight that seems to have struck a chord with investors and entrepreneurs. None of this advice has changed… Let me tell you a few short hair–raising stories of entrepreneurs who have raised money and regretted it later. The problem, of course, comes if the business fails.

Startup 317
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8 Success Drivers Define A Lifestyle Entrepreneur

Startup Professionals Musings

More recently, the desire for extra income has become the key driver in new startups, according to a 2015 study. Being called a lifestyle entrepreneur should be a point of pride, not an insult. Of course, even lifestyle entrepreneurs want to be happy, and want their business to be “successful.” According to William R.

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8 Reasons Young at Heart Entrepreneurs Lead the Way

Startup Professionals Musings

Surviving as an entrepreneur requires unbridled passion, enthusiasm and a certain naiveté in the face of many unknowns. Of course, entrepreneurs of any age can be young at heart and equally fearless, and still able to use their greater experience as an advantage. See the best parts of life are still ahead.

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Kara Nortman Was Just Promoted to Co-Managing Partner at Upfront Ventures. Here’s What it All Means

Both Sides of the Table

and of course a relentless pursuit of helping founders succeed. The core of the investing job of course is investing dollars into startup companies and helping as a mentor, advisor and board member on the companies in which you’ve invested. She had all of the skills and traits we sought?—?leadership, So What Does All This Mean?

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6 Reasons Smart Entrepreneurs Think Twice Before IPO

Startup Professionals Musings

The visibility of Google, Facebook and a few others continues to propagate the myth that the ultimate objective of every entrepreneur should be to take their startups public via an initial public offering at the earliest opportunity. For every entrepreneur, I recommend first a personal assessment of your goals and strengths.

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How Entrepreneurs Attract Friends, Family And Fools

Startup Professionals Musings

Image via Flickr by Jupiter Labs Many first-time entrepreneurs find themselves unable to bootstrap their startups, and also unable to find early funding at the venture capital level or even with angel investors. Every good entrepreneur needs to invest skin in the game, to show credibility and leadership to others.

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7 Guidelines For Entrepreneurs To Do The Right Thing

Startup Professionals Musings

Most entrepreneurs I know want to do the right thing for their businesses, as well as themselves, but they are not always sure what that means. By demand, entrepreneurs are crisis managers, and can be busy reacting 24 hours a day to urgent short-term issues. Don’t let day-to-day demands take the reins and drag you off course.