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ArticleShould I Feel Guilty for Failing?

Should I Feel Guilty for Failing?

No one will ever create more guilt over startup failure than the Founder.

Startup Founders have an insane ability to manufacture epic amounts of guilt over their own failures. It's almost like we do some magical alchemy that takes every pound of failure or criticism and turns it into a metric ton of guilt.

But should we really feel this guilty over failing at our startups?

There are two answers here. The first is — everyone does it. But that is of very little help. The second answer is just "no." Failing at a startup is painful but should not be a source of guilt. Guilt comes from our misunderstanding of what actually just happened.

Startups Typically Fail

For those that are unaware, most startups fail. Most Founders are doing this for the...



ArticleThe Case Against Full Transparency

The Case Against Full Transparency

Startup Founders love the idea of full transparency when it works for them.

At first glance, it's hard to argue against the idea of "full transparency" in our startups. Who wouldn't want the inside information about what's really happening at a startup? Doesn't that make everyone feel more informed, safe, and supportive?

But try running a startup for long enough, and you'll quickly start to see that the concept of full transparency only works when things are good. The reality of running a startup quickly devolves into lots of shitty situations where going "full transparency" is more likely to sink our startups than improve them.

We Want Transparency When it's Positive

Startups often love the idea of full transparency in the early days when ...



ArticleHow Should I Share My Wealth with Family?

How Should I Share My Wealth with Family?

The only thing harder than making a ton of money is giving it away to family.

On paper, it sounds easy. We've finally got some dough and now we can hand it out like Robinhood to all the people in need. What could feel better than helping our family with a little extra cash?

That's until we find out what a giant tangled mess of problems it tends to create. What we are thinking about is how helpful we can be, but what we're not thinking about — and where most Founders live in regret — is what a can of worms we open from here on out.

It. Never. Ends.

The problem with giving away money once is that once we open those floodgates, they are nearly impossible to close. All it takes is a single act of kindness to send those gates crashing open.

Here...



ArticleLiving the Founder Legend Isn't so Fun

Living the Founder Legend Isn't so Fun

Legendary Founder stories are great — unless you're the poor bastard who had to live through it.

As Founders, we're regaled constantly of comeuppance stories of our fellow Founders who risked it all... almost lost it all... and then won it all in the end. It's entertaining, inspiring, and sometimes even true.

Often we wish we could have such an epic story ourselves. But what we rarely comprehend in those stories is that in order for the story to be so epic, someone had to go through a massive amount of pain to be able to tell it.

The reality of that pain and suffering is not only overlooked quickly but entirely justified by the outcome. But does that make it all OK?

The Against All Odds Legend

Recently a good friend of mine shared a tale of...



ArticleHow to get Customers for Startups

How to get Customers for Startups

As a startup, customer acquisition is essential for success. It requires careful planning and execution to ensure that your efforts are successful and cost-effective. In this introduction, we will explore key topics such as building relationships with potential customers, tracking success metrics, leveraging digital marketing channels, testing different campaigns, and more. With the right strategies in place, customer acquisition can be an exciting opportunity for startups to grow their customer base and expand their business.

Overview of customer acquisition for startups

Why Customer Acquisition Matters for Startups

Customer acquisition for startups is an incredibly important process that can mean the difference between success and failure. A...



ArticleFounder Sacrifice — At What Point Have I Gone Too Far?

Founder Sacrifice — At What Point Have I Gone Too Far?

There is absolutely a point where the cost of building our startup is simply too high.

The problem is all of our startup lore tells us otherwise. When I talk about building my new startup I talk about not taking a vacation for 7 years, not seeing my family for 3 years, and eating nothing but Ramen Noodles for a decade.

OK, the last part isn't true, it was Chocolate Pop-Tarts dipped in Nestle Quick (I was living big all along!)

We've built a culture around respecting the sacrifice, which is only somewhat helpful. What's dangerous is when we wind up taking it too far. How far is too far? That's the $0 question.

The Hard Truth of Being a Founder

One of the most difficult things about being a startup Founder is that you have to be willing to sac...



Article20 Best Kinds of Startups for 2023

20 Best Kinds of Startups for 2023

It is difficult to predict the specific types of startups that will be most successful in 2023, as the success of a startup can depend on a variety of factors such as market demand, competition, and the unique value proposition of the business.

However, here are 20 business ideas to start the brainstorming process:

1 - Virtual events platform

Virtual events, such as conferences, trade shows, and workshops, have become increasingly popular in recent years due to the rise of remote work and the convenience of participating in events online. A virtual events platform could be a successful startup business model for a number of reasons:

Market demand:

There is a growing demand for virtual events as more organizations look for ways to host events onl...



ArticleSeries A Funding Rounds

Series A Funding Rounds

Series A startup funding is an important milestone for many early-stage startups. It is the first round of significant institutional funding, and it can provide the resources and support needed to take a startup to the next level.

In this article, we will explore what series A funding is, how it differs from other types of funding, and what startups can do to increase their chances of securing this crucial form of financing.

What is Series A Funding?

Series A funding is the first round of institutional funding that a startup receives after completing its seed funding round. It is typically sought by startups that have a proven product or service and are looking to accelerate their growth. Series A funding allows startups to build out their te...



Article6 Similarities between Startup Founders and Pro Athletes

6 Similarities between Startup Founders and Pro Athletes

Starting a business or becoming a professional athlete requires a unique combination of motivation, drive, and determination. Founders and professional athletes must be highly motivated and driven in order to achieve their goals and make a lasting impact in their respective fields.

In addition to being motivated and driven, both groups must also be able to handle high levels of competition and pressure, adapt and pivot in the face of change, have the resilience to bounce back from setbacks and failures, work well as part of a team, and continuously learn and improve in order to stay competitive.

The 6 Similarities that allow Founders and Athletes to Achieve Success

  1. Founders and professional athletes must be highly motivated and driven to succ...



ArticleChoosing The Right Type Of Website For Your Business

Choosing The Right Type Of Website For Your Business

When it comes to building a website for your business, it's important to choose the right type of website that will meet your needs and goals. There are several different types of websites to choose from, each with its own set of features and benefits. And choosing which website is best might be a litter overwhelming.

Some websites are more useful than others, depending on your business's industry. Some are easier to maintain while others are just plain confusing. That's where we come in. We've put together a quick guide that will help you figure out what type of website is best for your business.

Read on for tips on choosing the perfect website for your business model with insight from our community members to help you along the way.

Most Co...



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