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Some Career Advice for Aspiring Tech CEOs

Both Sides of the Table

Of course you could start your own company. As I talked about in “ Is it Time to Learn or Time to Earn ” – overwhelmingly the best economics go to those that start successful companies. But not everybody has the right skills to build a highly successful and valuable startup from scratch.

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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
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What Makes an Entrepreneur? Four Letters: JFDI

Both Sides of the Table

This is part of my Startup Advice series. Good entrepreneurs can admit when their course of action was wrong and learn from it. I spent nearly a decade building software for large companies and then advising companies on the same. The technology team disagrees on direction and wants resolutions.

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7 Pitching Tips to Help You Crush Your Next Investor Meeting

Tech.Co

Truth be told, your only path to some serious funding is perseverance and diligence in getting meetings and being prepared. To help you crush your next investor meeting, we asked top VCs and tech leaders to share their best pitch advice. What startup teams don’t realize is that having competition is good. Know Your Stuff.

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Better Business Bureau? For who?

Eric Greenspan

Well, I caved and signed up. How they knew anything about us is beyond me, but that is where we got started. I told them I’d be happy to sign up if that rating was increased to an A. Your BBB has formed a strategic alliance to help save you money in your everyday costs starting immediately. Please advise.

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Roping in the Legal Eagles

InfoChachkie

Johnnie Cochran was an effective, albeit smarmy, defense lawyer who would say or do anything to defend his clients (anyone up for a glass of OJ?). Yet, despite his exceptional courtroom theatrics, you would be foolhardy to hire good old Johnnie to review your software cross-licensing agreement. free weekly Infochachkie articles!

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Time is the Enemy of All Deals

Both Sides of the Table

Let me start with a story. We were trying to optimize around a few criteria: price, size of round, number of syndicate partners and, of course, terms. We ended up agreeing a term sheet for $16.5 Guys, I accept that we could probably shop this around but we could also end up with nothing. Yes, this was stupid.