[Background: I started my first business at 12, 3x founder by time I was 22. Named by White House as one of the top US entrepreneurs under 30.] Young entrepreneurs can succeed, just like older ones can. Younger founders have certain pluses that older ones don't, and vice versa. One group is not...
There's a bit of myth regarding time management in my view. That said, I think there are two perspectives to the answer - depending on your perspective in asking the question. If you're asking because you seem to be running out of steam before you get the work you need done in a week, I'd suggest...
What your trying is one approach to finding investors. Here's another that in my experience is far more effective. I'd tap your network, and it's probably actually a lot bigger than you think! Linkedin is the perfect tool for this. Look for people you're connected to, that you trust, and that are...
It's a well-discussed and accepted principle of entrepreneurship that founders benefit from being surrounded by people who can support them on multiple different levels. I recently read an article which outlines the five mentors a founder needs in her arsenal. I can't find the article specificall...
The opportunity to bring your creativity and insight to your business. Calling your own shots and realizing that it is all up to you. Being an entrepreneur is an opportunity to learn everyday!
I think as a first-time entrepreneur who is non-technical, you should focus 100% of your energy on your clothing business with your buddy. There is far less required to make a clothing business a success than a startup run by a non-technical founder. I don't mean to trivialize the challenges of...
If I have to tell you only one thing: it is Distribution. Most of the entrepreneurs (including me at one point) are so obsessed with the product and adding new features to it. They completely overlooked the fact that Distributing the product is what play single most important role. Even over the...
I help B2B companies find their most profitable customers. This a tough spot with no cut and dry answers. I would ask the following: - There's a lot of things I could do, why did I choose to do this? Think of this as a gut-check to gauge whether you want to push through or not. - Define 'no tr...
I think good life partners for entrepreneurs need patience and empathy. Being an entrepreneur is demanding and has its ups and downs, so you need to find someone who is understanding and supportive. Someone with flexible expectations is better able to cope with the lifestyle of an entrepreneur in...
What are some things that first time entrepreneurs should consider? In general or before quitting their day job? I wrote a book on this topic with legendary investor Brad Feld. We based it on hearing more than 20,000 opportunity pitches. On Dragons Den on Shark Tank and first hand in our decade...