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Why not share your liquidity success with those who got you there?

Berkonomics

I found myself in such a situation upon a sale of my computer software company. There was no question that each of the five vice presidents had been greatly responsible for our success and getting us to the successful exit. Each was surprised, pleased and effusive. Upon reflection, I should have given each even more.

Sales 480
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5 Sure-Fire Ideas Just Pending The Right Entrepreneur

Startup Professionals Musings

As a business advisor and technologist, I often think about the large array of opportunities for entrepreneurs as technology seems to be evolving faster and faster. The opportunities to capitalize on these vehicles are huge, ranging from control software, hardware design, support facilities, to entirely new applications.

Ideas 105
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Five Years After Y Combinator First Admits Biotechs, They’re Dug In

Xconomy

Five years ago, the big tech incubator Y Combinator started to welcome life sciences companies into its sizable startup classes, which had previously nurtured entrepreneurs in information technology almost exclusively. That opening to biotech startups in 2014 was controversial at the time.

Incubator 108
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Amplify LA's Paul Bricault On Startup Accelerator Lessons, Five Years Later

socalTECH

Venice-based Amplify LA (www.amplify.la) is celebrating its fifth anniversary as a startup accelerator here in the Los Angeles area � one of the few in the area to have survived in more or less original form after the launch of a number of startup incubators and accelerators five years ago. Congrats on your five year anniversary!

Startup 100
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Five Startup Tips From Bill Gates

InfoChachkie

For more than 30-years, Bill Gates has been at the pinnacle of the software industry. Mark noted that even if an entrepreneur does not become a master developer, by simply understanding the software development process, they will be a more effective startup leader. No one ever accused Bill of being a master programmer.

Tips 275
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How Smart Entrepreneurs Don’t Hesitate To Seek Help

Startup Professionals Musings

Thus, in my consulting with entrepreneurs, I always encourage them to get more comfortable asking for help. She suspects, like me, that no self-respecting entrepreneur wants to seem weak, needy, or incompetent, and none of us like to feel indebted to someone we see as a peer or a competitor.

Help 123
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10 Keys To A Startup Surviving The First Five Years

Startup Professionals Musings

According to my experience and a this Motley Fool article, the challenge is very real, with around half of all new businesses no longer existing after five years. My first advice for new entrepreneurs is to pick a domain that doesn’t have the sky-high up-front development costs, like online web sites and smart phone apps.

Startup 87