There’s never a good time for an entrepreneur. Twice I’ve thought about going back to the corporate life, but there’s always been something that kept me out of it. Each time it’s felt like a message from the startup gods.
When I quit my first ever full time job, I had nothing lined up to transition into. It was a time of year when no one was hiring. I had quit with intentions of freelancing instead, but I was still applying for full time jobs, just in case.
I struggled a lot in the first month or two which were full of rejections, work that left me feeling unsatisfied, and low pay.
I had an idea for a project and I needed some sponsors to get it off the ground. The first person I contacted was a cold email to my state’s library manager. Ar...
“Because you’re worth it.”
The L’Oréal Fallacy afflicts those founders who find themselves faced with an offer for their company and the chance of an exit.
This is the moment many have dreamed of. But life is no respecter of dreams: the potential exit is often smaller than the founder has hoped. The founder finds himself conflicted: wanting an exit, but believing that the offer on the table undervalues his work and the potential of his company.
The L’Oréal Fallacy is the belief that you should hold out for the exit you deserve—because you’re worth it.
This fallacy corrupts decision making at a crucial point—the point when monetary success is actually a tangible prospect.
First-time founders, in particular, should take their exit when they c...
The startup ecosystem – especially the one found online like places here at Startups.co – is full of helpful material. Unfortunately, other internet sources can be full of myths. Let’s untangle some of the common startup myths you’ll hear, so that you can get started on rolling out a successful venture.
Ready to get started? Good.
One of the most dangerous myths about start-ups is the idea that a “great idea” is enough to pull in a significant amount of money that will help your startup get started. In our competitive global landscape, investors aren’t interested in just ideas so much as they’re interested in a significant return on investment. How do you get past the idea?
Put in the Work:...
Millennials have set a high bar in terms of tech and entrepreneurship, but Generation Z could be even more ambitious than its predecessor. The newest generation in the workforce grew up surrounded by Snapchat, YouTube, and Musical.ly — and Gen Zers probably had an iPad before they could walk.
A whopping 98 percent of Gen Zers own a smartphone, and this generation expects to get smartphones at a younger age than any other generation. Research indicates that 45 percent of Gen Zers are on their phones “almost constantly,” and about 62 percent of Gen Z and Millennials would rather leave their wallets at home instead of their phones.
But the differences go beyond tech. Young people in 2018 know how to work for what they want, know how the ...
Reflecting on building a diverse and inclusive workplace in the tech industry, Michele Perras, Director, Global Ecosystem and Alliances for Pivotal Software, looks back on what she has learned in her 15 years of personal experience as a woman in tech and her time on Pivotal’s Diversity and Inclusion council.
Here are a few things her experience has taught her:
It’s important to recognize that the diversity and inclusion goals you initially address will change and evolve. “It is about making sure that everyone has an equal opportunity to excel and communicate in their role, especially over their time at your organization,” she says, noting that the mindset should include more than wo...
I often see entrepreneurs searching for domains that enable them to stuff their URLs with keywords. Thanks to William Shakespeare, most people don’t think a name is worth much as long as their businesses do what they’re supposed to.
But think about it: The titles of books, movies, and bands are all representative of the things attached to them. Names mean something, and they shouldn’t be slapped on as mere afterthoughts.
For a decade, our business was called Domainsatcost.ca. It followed all the “best practices” we commonly see — it was rich in keywords, search-friendly, short, straightforward, descriptive, and geographically situated. Yet it lacked something very important: an identity. R...
“Think of business as a good game. Lots of competition and a minimum of rules. You keep score with money.”
—Bill Gates
It’s called “competitive landscape” for a reason: competitors are a crucial part of the terrain your company will have to navigate in order to get where you’re going. Who your competitors are, what they’re doing, how they’re doing it – these considerations will impact some of the most important decisions at your company, touching everything from pricing to messaging to marketing.
Doing a solid competitive analysis is like setting up for a game of Battleship with the divider down. When you can see where your opponent is putting their ships, you can be that much more strategic about where you’re placing your own.
For this se...
Say you’re invited to dine at Buckingham Palace with monarchs from around the world. Would you show up wearing a bathrobe? Of course not. It’s unthinkable, right? Yet, app creators do it all the time. After all their hard work, at last about to go live on the App Store and Google Play and join the company of app royalty, they hurry their app into terrycloth screenshots and expect to be fed like a king.
Not gonna happen.
Choosing to give your app anything less than outstanding screenshots on your app pages is a big mistake. This shouldn’t come as a surprise to anyone. Understandably, plenty of Founders press forward thinking I can’t pay a developer any more to design screenshots or every time there’s a new release and I need to make updates,...
When you’re starting out, you’re faced with thousands of decisions that are all competing for your limited time. But to get your startup moving, you need to prioritize your needs and lay the groundwork for your business to thrive.
Free, low-cost software allowed us to build our business efficiently and prolong key hires. By investing in tech that takes care of routine business needs, you can limit your spending and boost your company’s chances of survival.
Here are five programs that helped us get off the ground and can help you, too:
Dropbox is a great tool to keep track of the files that your entire team needs to access. Dropbox offers cloud storage and file syncing for free. Many tech startups create and store their files and dat...
We’re excited that you graduated college. We’ll high five you when you complete your MBA. Oh, you’re a doctor now? That’s wonderful.
Congratulations on all of your college degrees — you’ll be happy to know they mean nothing here.
Now, before you start pelting me with your student loan re-payment coupons — let me explain why we want you to be excited about this fact.
What is a meritocracy you might ask? It’s essentially a system where groups of people progress based on merit and ability — rather than privilege, wealth, social class, etc.
In our time we’ve seen very little correlation or causality between the level of education people have achieved and their ability to e...