When you’ve been an entrepreneur for as long as I have, you have a million ideas. Granted, a lot of these are trash. You can’t get to the great ideas until you sift through all the crap ones.
I used to hate the Beastie Boys. And I put that half on me and half on them. I was a kid when Licensed to Ill came out of nowhere and was suddenly everywhere. But I wasn’t just any kind of kid, I was a rock snob. A douchey rock snob. That’s on me.
What would you say your company does? It seems like a simple question that should have a simple answer, but that’s rarely the case.
Through the lens of common elements like startup, career, technology, I’m really trying to communicate a higher level of thinking when we think about what we do. And in that, I’m really just hoping to make people’s lives better.
In a 20-year career as an entrepreneur, I’ve been lucky enough to have a few wins. But I’ve also had my share of startup failures, and I learned more with those than I did with the successes.
I’ll walk through each of my five startup acquisitions, and pick one thing I should have done differently, either before, during, and after.
Artificial Intelligence gets a bad rap. The science of AI and machine learning is solid, defensible, and utterly useful. It’s how we’re applying that science that rarely makes any sense.
The worst kind of startup isn’t the one that fails, it’s the one that stagnates. In startup and small business, if you’re not growing, you’re dying.
A couple years ago, in a perfect storm of circumstances, I wound up selling two companies nearly back-to-back. Here’s my story and, now that I have hindsight, what I learned.
One of the most difficult skills for an entrepreneur to master is solid decision making. But decision making is the “Executive” part of Chief Executive Officer, and you’ve got to have it.
One of the toughest questions I get about startup happens to also be one that I get the most often: How much of a pay cut should I expect to go to work for a startup?
As a career entrepreneur, I wear the customer-first badge. Proudly. I strongly believe raising money through customer sales is the best option, and in a lot of cases, it should be the only option.