Like a lot of ambitious young women, Lisa Wang, co-Founder of the female entrepreneur networking group and community SheWorx, didn’t think that her gender was holding her back — until it did. Lisa’s first career was as a US National Champion Hall of Fame gymnast, where she was surrounded by talented, competitive women. This was followed by a short-lived career as an equity research analyst right after college, but chafed in that highly-structured environment. So, like so many talented millennials before her, she turned to tech.
“I realized that the work I was doing in finance was simply not aligned with my values,” Lisa tells Startups.co. “Having creative ownership, autonomy, and making a clear impact that aligned with my personal mission w...
The young do not know enough to be prudent, and therefore they attempt the impossible – and achieve it, generation after generation.
— Pearl S. Buck
Ask people what makes entrepreneurs successful and you’ll hear a familiar list of adjectives; agile, tenacious, resilient, opportunistic, etc.
What you don’t hear is that often they didn’t know any better.
I was just rereading Jessica Livingston’s book Founders at Work, and a common thread through the stories reminded me that there is a type of technology innovation that occurs in startups when a founder/team simply doesn’t know what they’re attempting is impossible.
Steve Wozniak at Apple building the Apple II floppy disk controller without ever seeing one. The original Fai...
Here’s a basic truth about founding a startup: You don’t know everything you need to know. In fact, you probably only know a fraction of what you need to know to be successful. But don’t worry — you don’t have to go it alone. This is where a startup mentor comes in.
“For a really early stage company, mentors are a great source of industry advice and expertise, particularly if you don’t have direct expertise in that particular area,” Sapna Shah, Principal at Red Giraffe Advisors and startup mentor for XRC Labs, The Monarq Incubator, and TrendSeeder, tells Startups.co. “As well as executive coaching advice — perhaps you’ve never been a CEO before, and you’ve never had to manage people in this way.
Knowledge is one of the greatest things a sta...
How much time do we spend preparing our spouses for our startup journey?
Do we assume they somehow magically understand the path we've chosen to follow? Do we know for sure that our sacrifices align with their goals? When is the last time we sat down and made ourselves 100% sure that we're still on the same page?
In a business where we spend so much time recruiting talent, pitching investors and selling customers, we often overlook the most important person we should be convincing to join our cause — our spouses.
Often the single most important person in our life hasn't been afforded the same time and attention as everyone else to understand exactly why we're going down this crazy path. Or perhaps they do, but they haven't been reminded in...
Active investors sift through dozens of deals a week, and some hundreds a month. In order to find the gold, they need to quickly weed out the junk. The junk usually involves startups with any one of three red flags that deems the deal a “pass.”
Unfortunately startup founders are rarely aware of these flags, or choose to ignore them. Regardless of whether you believe these flags apply to your startup or not, you can be sure that investors will be far more critical of your progress and your deal traction.
No Traction
Traction is your ability to demonstrate you can move the ball forward, with or without funding. Traction comes from signing up early customers, generating some revenue, or demonstrating high user growth.
Startups often complain t...
Venture capital funding is both the most commonly referenced and yet commonly misunderstood form of investor capital available.
Unlike banks or more traditional investment sources, venture capital funding is all about big risks and big rewards.
Simply put, venture capital funding involves a venture capital firm investing a large sum of money (typically starting at $2 million or more) in exchange for an equity stake in your company.
Unlike banks or more traditional investment sources, venture capital funding is all about big risks and big rewards.
Venture capital firms specifically look for companies that offer an exceptionally large growth opportunity, which you can think of as the type of company t...
It’s taken on the allure of the holy grail. Systems would crash trying to count the words devoted to the subject. I’ll bet you don’t need to be told that I’m writing about: productivity.
We’re all in search of greater productivity (even if we define doing less as more, make sense?) One day, the times we’re living in may well be known as the GSD era.
Notes, doodles, end-of-day/beginning-of-day routines, virtual assistants… Buckle up as Startups Live surveys Founders’ different approaches to achieving superhuman productivity.
Wil Schroter wasted no time diving into a conversation that several people proved eager to discuss. “I’d like to talk about time management, but I’d also love to talk about how you all are managi...
Whether you’ve raised a few million or you’ve bootstrapped your way into business, your responsibility as a founder is to leverage your company’s resources for maximum gains.
A mediocre founder spends money to maintain the status quo. A smart founder knows that every dollar coming out of their pocket needs to be justified by a healthy ROI.
While the reality is a little more complex than “you gotta spend money to make money,” these five investments have proven themselves to have high returns in the short and long-term for growing businesses.
If headline-grabbing IPO blunders and startup lawsuits have taught us anything, it’s that quality legal advice is an invaluable asset to any startup. When y...
Fundraising is the lifeblood of any non-profit. Unfortunately, it also takes a significant amount of time and volunteer effort to make outbound calls and knock on doors. Since most of your volunteers aren’t professionally-trained fundraising experts, it can be difficult to solicit donations and support.
Traditional channels for fundraising are also less effective than they once were. You’ll need to pivot and try new avenues to gain donor support in a digital age.
Today, much of the marketing and advertising done by major brands and successful nonprofits is based on content. Content marketing takes a variety of forms, and for the nonprofit it offers a great way to share the ...
Investors help fuel the economy, providing entrepreneurs and thriving businesses with the capital they need to innovate and grow. This leads to economic development, job creation, and break-throughs that change the way we look at the world. The path to becoming a millionaire or billionaire investor does more than put lots of zeroes at the end of your bank statements. It tends to leave you with some hard won wisdom. Here, we’ve put together a list of the top 10 quotes from self-made millionaire and billionaire investors to help guide you on your own path.
“There must be high risk – in fact, very high risk. It’s the key to success. If there is no risk, you have already missed the boat. Your competitors will already be there.”
— Tom Perk...