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ArticleHow Do I Quit My Own Startup?

How Do I Quit My Own Startup?

For some Founders, their "job" at their startup isn't necessarily something they want to keep.

There can be a ton of factors at play, whether it's "I can't afford to do this any longer" or "I'm more passionate about something else."

No matter what the reason, it is, in fact, possible to quit our own startup. There are just some creative ways we need to approach it.

If I quit, who runs this thing?

Depending on the size of the company, there may be quite a few people who are interested in our jobs.

For example, if it's a 10 person company that's doing OK (not great), our CEO job might be something we're totally over but someone else in the company may find it as an incredible opportunity to be the CEO for once.

That same opportunity may co...



Article

The Startups.co Guide : Get The Most From Your Calendar (Part 3/6)

CHAPTER THREE: Start with the Outcome

In This Chapter:

-How to set goals to accomplish before scheduling a meeting
-How to communicate clearly when calendaring


How often do you start a meeting with a clear indication from everyone in the room with what you’re supposed to achieve after you leave? If you’re like most, not often.

Most calendar appointments look like this:

Subject: “G8 Summit: Meet to talk about Impending Asteroid Collision with Earth”

Awesome. You’ve let everyone know that 1. You are going to meet and 2. That there is an open ended discussion happening about the cataclysmic destruction of the planet.

However on the brink of Armageddon it’d be nice to know that the folks responsible for this discussion focused more on the ou...



ArticleThinking Outside The Box

Thinking Outside The Box

Historically, the bulk of the Valley’s successful companies haven’t been the rocketship consumer successes like Google and Facebook. They’ve been the steady doubles, base-hits, triples, and home runs of the companies who sell software to businesses.

And in a time when Google and Facebook alone control some 80% of all digital ad budgets, that business model of selling something is starting to look better and better.

One of the few entrepreneurs to bridge these two worlds– selling intuitive, easy to use products to companies– and build a multi-billion public company out of it was Aaron Levie. Unlike a Marc Benioff, Levie didn’t come from the enterprise world. He never worked a day at Oracle or IBM. He came up with the idea in college.

It was ...



ArticleWhy Having an Exit Strategy Doesn’t Mean I Want to Sell My Business

Why Having an Exit Strategy Doesn’t Mean I Want to Sell My Business

As a bootstrapper, I had a complicated relationship with the topic of acquisitions. I rejected the idea that an Exit Strategy was an important part of running a great business.

First, I believe that entrepreneurs are conditioned by our media, society, peers and their investors (if they have them), to think that selling their business is the ultimate manifestation of success.

Now that I have experienced the arc of scaling a profitable business and achieving a positive cash exit, I see the alternatives to selling more clearly.

On the one hand, I have appreciation for the commitment and vision it takes to turn down a lucrative, flattering, possibly life-changing offer in exchange for continuing to roll the dice and play the game.

On the other ...



ArticleHow Much Should I Invest In My Startup?

How Much Should I Invest In My Startup?

"Do I bet the farm or hold it all back?"

We often wonder whether every dollar of our personal savings should be going toward our startup, or toward our safety.

On the one hand, if we don't bet our cash on our startup, we're starving the very thing we need to grow with. On the other hand, if we spend that money, we'll never be able to sleep at night knowing our safe landing has been pulled away.

So do I spend it or save it?

Don't spend it all. Seriously — don't.

There's a point at which depleting all of our savings and personal cushion works against us. We start shifting our focus from "growing the business" to "surviving personally" (more than it already is!) and at that point, we're in a downward spiral.

How much do I keep in savings?

I...



ArticleHow to Overcome 5 Common Objections to Your SaaS Product | Startups.com

How to Overcome 5 Common Objections to Your SaaS Product | Startups.com

You’d think that by now nearly everyone would be sold on the idea of SaaS, cloud services, and the power and flexibility of a subscription service to meet their needs.

You’d think.

Unfortunately, not everyone is convinced that SaaS is a legitimate model for software usage and purchase.

I’m going to go through their main objections one by one. What you need to know at the outset is that many B2B decision makers view cloud solutions with a heavy dose of skepticism. As many as 49% of companies are concerned about data and the security of their information in a cloud context.

Let me set the stage for what you’re about to read.

  • In this article, I’m going to discuss some of the main objections to SaaS. I’m referring primarily to B2B SaaS that ha...


ArticleHow to find the first 100 customers for your startup

How to find the first 100 customers for your startup

What makes getting a startup off the ground challenging is the fact that no one knows if the offering has value until it has generated revenue. Every startup faces the challenge of acquiring its first few customers.

Unfortunately, there is no one size fits all step by step guide to finding your first 100 customers because there are so many variables to contend with.

So how do you get from “no one knows you” to “your first 100 customers paying you for your product or service”?

To help you get your first customers we also set out to investigate how startups have gone through the process. We found that they don’t really rely on a single channel to bring in lots of users. Rather they explore different channels and sources. By doing so they bui...



ArticleHow To Reach Your Target Customer: Getting Up Close and Personal

How To Reach Your Target Customer: Getting Up Close and Personal

During last week’s wide-ranging conversation about evaluating your ideas, we touched on the idea of “niching”: paring down your target audience until you find the exact set of people you want to help.

So once you’ve taken that step of committing to a core audience and decided who you’re for (and who you’re not), the next question becomes: how do you get in front of those target customers? And, more importantly: how do you figure out what they want from your product?

“[It’s about] lots and lots and lots of living with the customer. Live and breathe the customer – they will show you the right path.”

The dream, of course, is to put together a quick survey, send it out to a mailing list of 10,000 of your ideal users, and come back to find your ...



ArticleThe Scientific Way To Prioritization

The Scientific Way To Prioritization

I have a confession to make! I am kind of a jerk. I make people feel uncomfortable. Not all the time and not all the people. I do it mostly to Product Owners or the equivalent titles depending on the methodology they follow.

Why I do it, you might ask? It’s good for them and me. How I do it, you might ask? Very simple, I ask them what is the next most important thing to work on and why. Try it yourself. It works miracles. 9 out of 10 times you will hear mumbling or something like “I feel it that way”. Not very scientific and not very convincing.

I’ll pay for my sins tough, by telling you how to help yourselves, your PO and your team out, by finding the right answer – the scientific way.

The case

So here is a simple backlog for you:

Classic ...



ArticleBreaking Down Silos — Oh Marketing!

Breaking Down Silos — Oh Marketing!

About time we had a little word on siloed organizations—many departments and sometimes even frontiers! Does this look familiar?


Nodding head? Ok!

What does this look like to your customers?

They don’t see silos—they see content!

How can we tear down these silos?

It starts with perspective — different teams have a different idea on the role of content. Let’s look at a typical marketing team — lots of people with a tendency to wear black. And then there is the guy who runs the show and is responsible for content marketing.

This role did not exist 5 years ago because something has radically changed. As Lori from Forrester said: “74% of business buyers told Forrester they conduct more than half of their research online before making an offline...



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