Wednesday, April 12, 2017
Hiring is hard, but hiring for startups can be even harder. As a young company with limited cash flow, hiring the wrong employee can potentially break your startup. Therefore, you have to be very careful with your decisions and do your best to hire top talent. Below you can find some suggestions on hiring the best startup employees.
Tuesday, April 4, 2017
You can’t build a successful business without a great idea, and if you’re a passionate entrepreneur you’ve got a dozen ideas that you talk about all the time.
Your enthusiasm is infectious. Your friends and family offer endless words of encouragement, and the constant praise makes you feel happy, fulfilled and optimistic. Surely this latest idea will skyrocket you into the stratosphere of success – right?
Here’s the harsh truth. Your idea will probably never see the light of day, and if you’re honest – you’re not surprised.
After all, it’s easier to talk about the future than work hard in the present to build it. When push comes to shove, your enthusiasm will falter, you’ll get bored and move on to the next flash of inspiration that comes your way. Your "great" idea will fade away like the hundreds of others before it that failed to materialise.
But things don’t have to stay this way. Transforming great ideas into successful businesses is easy. All you need to do is break a few bad habits.
Thursday, March 16, 2017
When you write as much as I do you get barraged with people who want to partner with you. Most are hucksters who see that you have a capability that they lack and see the sales potential for it, although they don’t have any customers per se. Others think I have money that I want to invest in a hair-brained scheme with someone I don’t know. These things happen so often that I am reminded of advice given to me many times over the years: don’t have a business partner.
But, I have had business partners and it has worked out well for me, which got me thinking (yes, yes, I know always a dangerous space to be in) about just what it takes to make a business partnership work. So, out of that chemical soup that is my mind comes the following tips on deciding whether or not you should have a business partner (I could write tips on whether or not to have a romantic partner but given my track record in that regard even I wouldn’t follow that advice).