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Sometimes a startup side hustle is not a bold-face scam, but a scheme to take your money by selling you on an idea to game a system for pure profit.
* Featured In Inc. Magazine *
The immediate problem with ChatGPT and Generative A.I. is that words mean things. Unless you're using ChatGPT. Then words become useless. Even dangerous.
* Featured In Inc. Magazine *
Here's a hard truth. No legitimate startup ever goes from a handful of sales to $1,000,000 in revenue overnight. Here are all the reasons I've seen sales slow.
* Featured In Inc. Magazine *
If Generative AI has suddenly become so pervasive, there will be a secondary effect that increases the scarcity and the value of uniquely human knowledge.
* Featured In Inc. Magazine *
There's one critical area where low-tech can destroy your business if you don't do it right or you wait too long to come back and fix it.
* Featured In Inc. Magazine *
You can still make a lot of money with A.I., but it's not snap-your-fingers money, it's more like try-and-fail-a-dozen-times money.
* Featured In Inc. Magazine *
Hiring talent that doesn't live up to the claims made on a resume and in an interview can be a company killer. Here's how to spot the warning signs.
* Featured In Built In *
The less time you spend conforming to a someone else's definition of a startup is more time spent finding customers and generating value and revenue.
When investors consider investing in a startup, they don't want to be writing checks to support the antics of a rock star.
What's the opposite of fit? Tell me it's not, "A person that no one would ever want to work with." Then let's talk about better ways to build a team.
It's easy for startup founders to figure out we were lazy or made the wrong decision. We rarely check whether our lack of belief was the root cause of failure.
Desperation is a quirky and nagging little fault because you can't see it unless you're looking for it. But once you start looking for it, you'll see it everywhere.
The startup gold rush is on with Natural Language Generation and the recent commercialization breakthrough heralded with ChatGPT.
* Featured In Built In *
In business, there are going to be enough unknowns once you hit the pavement to put both your success or failure in a world of doubt.
The fastest path for a startup to create recurring revenue is by offering a subscription. But you have to devise pricing that keeps your customer base growing.
* Featured In Built In *
I see startup founders and other business visionaries with all the talent in the world fail because they can't get out of their own, altruistic way.
In almost every startup's lifecycle, there comes one or more pivot points when much bigger opportunities are possible. But it's going to cost money to get there.