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Startup Professionals Musings
JUNE 2, 2021
In case you hadn’t noticed, the key elements of a competitive advantage for your business have changed as businesses move online, and your domain is instantly global. As a business advisor, I have to recommend even to established companies that they review and revamp their competitive strategy now, even if it appears to be working today.
Both Sides of the Table
MARCH 11, 2011
The idea actually came to him from the Yellow Pages business. He took out an ad in the Yellow Pages (it was the early 80′s, pre Internet), which cost him $1,000 / month for a half-page ad. So the Yellow Page business was always “pay for placement.&#. If it worked in the Yellow Pages, why not on the Internet?
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Both Sides of the Table
MAY 23, 2012
Many observers of the venture capital industry have questioned whether its best days are behind it. Looking ahead at the next decade I am excited by what I believe will be viewed as one of the best and most rational investment periods for venture capital due to seven discrete factors: 1. They compete on features, price and execution.
Both Sides of the Table
FEBRUARY 27, 2019
If you buy into the argument that a strong board can actually help you then this post will lay out how to help you have more productive meetings by preparing properly in advance. There are too many pages. This is part of a broader series on Board Meetings. It passes the weight test.
Startup Professionals Musings
APRIL 24, 2021
It's important that the CEO define alternatives and have a very clear view on how he will use the proceeds, including the option of not raising any outside capital at all. Most founders are product guys. Make certain you as the founder and the CEO are on the same page on mission, company values, exit strategy, and workplace model.
Both Sides of the Table
JUNE 4, 2013
You need to first create a compelling product. Compelling in the sense that you solve a real problem a target group of potential customers has with a product that is significantly better than the alternatives on that market. You need product / market fit. Product / market fit is everything. ” True.
Both Sides of the Table
NOVEMBER 3, 2009
This is part of my ongoing series of posts and I need to file this one under both Raising Venture Capital and Startup Advice. People mistook extra doses of Ajax for a successful product. Many of these businesses were what First Round Capital called FNACs (features, not companies – this acronym has always stuck with me).
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