Remove conventional-wisdom
article thumbnail

Entrepreneurs Should Create A Degree – Not Buy One Off The Rack

InfoChachkie

When I arrived at Wharton many moons ago, I was told that all first-year students take the same set of Core classes. Like a sheepeople, I dutifully signed up for the required classes. Yet I was told by everyone, Professors, Advisors and students alike, that there was “no way” I could get out of taking my remaining Core classes.

article thumbnail

Interview with Anthony Citrano, Acquicent

socalTECH

The goal is to open up an asset class that the average investor can't really access. Traditionally, as you can imagine, buying into this asset class requires a tremendous amount of wealth. These investments have performed very, very well, but the average investors has never been able to reach into that asset class.

Startup 189
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Here is How to Make Sense of Conflicting Startup Advice

Both Sides of the Table

There are bootcamps, startup classes, video interviews – the sources are now endless. Some may be repeating long held conventional wisdom that is not necessarily still relevant while others might have views that sound like total heresy. Everybody has a blog these days and there is much advice to be had.

Startup 407
article thumbnail

The Authoritative Guide to Prorata Rights

Both Sides of the Table

In part this is because conventional wisdom for angels was that it didn’t make sense to write a $1 million+ check in later rounds to follow your prorata. ” In fact, I was at a recent early-stage VC/LP conference where this was accepted as conventional wisdom. Sometimes entrepreneurs get screwed.

Guide 336
article thumbnail

Steve Blank Discusses The Origin And Future Of The Lean Startup Movement

InfoChachkie

Eric (Ries) was a student in one of the very earliest customer development classes at Berkley. Four Steps was essentially my class notes. Steve notes that in 2005, when Four Steps was published, conventional wisdom at business schools was that, “Startups are nothing more than a smaller version of a large company.

Startup 229
article thumbnail

Balance Minimal Product Viability With Maximum Utility: Maximize Your Startup’s Value Proposition – MVP²

InfoChachkie

Although this approach was common in the UK, it ran counter to the then current Conventional Wisdom in the US music industry. Growing up in working-class families, the Beatles wanted to provide their fans with as much value as possible. However, by the release of Sgt. A Valuable Brand. However, by the release of Sgt.

Product 232
article thumbnail

Startup Lessons From Pink Floyd’s Dark Side Of The Moon

InfoChachkie

The working class grammar of these light-hearted phrases underscored that the band was not taking itself too seriously. Creating your product based on your target market's reactions at every stage of the development process enables you to make bold choices with confidence, even when such decisions seem to defy conventional wisdom.

Startup 269