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Do You Believe the Legendary Startup Failure Statistics. I Don’t.
This recent piece on startup failure statistics caught me eye on Twitter first, and I followed the links to discover Startups: Conventional Wisdom Says 90% Fail. Data Says Otherwise. | Fortune.com....
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Good Data Debunking Popular Startup Myths
Contrary to popular startup myths and misunderstanding, tech founders aren’t mainly younger than 30. They are generally well educated, not dropouts. They tend to start up where they are, instead of...
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5 Secrets of Creating a Great Business Team
My favorite five secrets of a great business team? This list came to me first as an answer to the question how do you build a great business team on Quora. These five points aren’t something from the...
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10 Common Mistakes with Startup Financial Projections
I was glad to be asked about common mistakes with financial projections. I read about 100 business plans a year for angel investment and business plan competitions. Most show unrealistic profitability....
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Pervasive Startup Myth: Don’t Work for Free
Startup myth: The one about founders having to work for free to impress angel investors. This supposedly shows passion. Don’t believe it. Investors want people committed to working their startups, and...
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You Have to Know When to Quit
I recommend you read Nat Eliason‘s piece No More Struggle Porn. He’s attacking one of the more pervasive startup myths around, the idea that the struggle itself, the overwhelming and overpowering...
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Startup Stock Options as Fool’s Gold
Terry had a good job with an established software company but left to join a startup. Why? “Because they’re giving me startup stock options.” Too bad. Two years later that job ended. That startup was...
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Startup Founder Compatibility is Vital
Please don’t ever estimate the importance of startup founder compatibility. It’s vital. And it may not be what you think. The relationship among founders of a healthy business is like a marriage....
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The Best Place to Start Your Business …
… is where you are. Sure, there are exceptions. Maybe you’re young, and have no roots. Or maybe you just want to move to somewhere else. But, barring special cases, look around you. The best place to...
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What? Founders with Kids?
The question surprised me: “Is it a red flag for a founder to have a child while a startup is still in an early age?” It’s an odd view on startup founders with children. Enough to prompt me with this...
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