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ArticleWe Have SO Much Time Left in Our Careers

We Have SO Much Time Left in Our Careers

What if you found out today you'd live twice as long — what would you do differently?

For many of us, especially young startup Founders, our issue isn't whether we're going to live longer but instead recognizing how young we really are, and by virtue of that, how much time we truly have in front of us.

Without a good measure of how much time we have in front of us, we simply make really amateur mistakes. We rush things, we create endless anxiety, and we create a false narrative that the world will implode if we somehow get to "30" without being a huge success.

The reality is our misperception of time is a huge impediment to our career. It's not until we properly calibrate our path that we can start building the future we want at a pace that...



ArticlePR for Startups: How to Use PR for Massive Growth

PR for Startups: How to Use PR for Massive Growth

When you’re at a startup and don’t have a budget for marketing, PR is a great way to get your market’s attention and foster growth. The right PR strategies will create awareness for your startup company and product and expand your reach.

There are so many articles on building long-term PR campaigns just to get one journalist’s attention, that it can be overwhelming when you’re looking for effective tactics that work right away. Luckily, you don’t have to wait months for one press hit.

Doing PR for startups can lead to massive growth

Here are five simple PR strategies that will drive instant results for your startup.

1. Find co-marketing partners

Co-marketing is a very effective way to broaden your reach by collaborating with another compan...



Article15 Essential Podcasts for Entrepreneurs

15 Essential Podcasts for Entrepreneurs

Starting a company is downright difficult and anyone that has done it before will tell you that is an understatement. What they also might mention is in our day and age, Founders don't have to jump off the proverbial cliff head first without a parachute anymore.

The world of podcasting has opened a door into the minds and experiences of many thought leaders and seasoned Founders that offer a "tell-all" experience into their startup-building journey. It's like getting first-hand mentorship without paying a dime, and with the number of entrepreneur podcasts increasing in recent years, there's no shortage of information to take advantage of.

For startup founders embarking on the entrepreneurial journey for the first time, or even for the serial ...



ArticleHow Much is an Idea Alone Worth?

How Much is an Idea Alone Worth?

If you had the idea for Facebook before Mark Zuckerberg, you could have been worth $40 billion like good ol' Mark, right?.

Except, you couldn't. Because the idea alone isn't worth jack.

Not so sure? Ask Jonathan Abrams the incredibly talented Founder who created Friendster in 2002, around the time good ol' Zuck was graduating high school. Friendster was absolutely Facebook before Facebook, as was Hi5 and MySpace.

But unless you're a band from the mid-2000s, you're probably not maintaining a profile anywhere but "the Facebook."

Oh, and technically the idea wasn't Mark's either, but that's a whole other movie.

Why isn't an idea worth mullah?

Think of the idea like a seed.

The seed alone has the potential to be something great, but by itse...



ArticleWhy Every Kid Should be a Startup Founder

Why Every Kid Should be a Startup Founder

Every kid should become a startup Founder, even if they never want to start a business.

Years ago, I started teaching entrepreneurship at my kid's Middle and High schools. What I thought might be an exercise in futility wound up being an incredibly eye-opening experience. As it turns out, kids are freakishly good at being Startup Founders!

When I was a kid, no one told me I could forge my own path. We sort of were handed a dozen careers, and you got to pick one. It was basically our guidance counselor telling us "Oh, you're good at math? You'll be an accountant." Never mind that we never really wanted to be accountants.

Kids Have Unlimited Curiosity

Instead of shoe-horning kids into some prescribed path, entrepreneurship leverages their gre...



ArticleRene Descartes is Killing your Startup

Rene Descartes is Killing your Startup

“Startups are really hard, but you have a duty to yourself, your team, [and] your investors to take care of yourself and to not neglect your health [and] wellbeing.” –Sam Altman, President, YCombinator

Rene Descartes has single handedly doomed thousands of startups to failure.

Not in person, obviously—he’s been dead for 350 years. But his ideas have lived on, convincing otherwise smart founders that the mind is the thing only thing that matters in intellectual pursuits, and that our bodies are just meaty life-support systems carrying around those minds and getting in the way.

Not only is this way of thinking dangerous to the health of these founders, it’s dangerous to the health of their companies. Building a company is hard enough as it i...



ArticleWhat Startups Get Wrong About Social Media Strategy

What Startups Get Wrong About Social Media Strategy

When people talk about the transformative innovations shaping business in the 21st century, you may hear them talk about the influence of automation or the impact of increasing globalization. But one of the most revolutionary aspects of the digital revolution often goes unmentioned: social media.

Because so many of us tweet and post and share day in and day out on our personal accounts, it’s easy to think that social media is… well… easy.

But social media has completely transformed the way businesses connect with their audiences. And as any Founder who has struggled and failed to drum up an online audience for their brand can tell you, effective social media strategy is deceptively hard to get right. It takes a delicate balance of strategy ...



ArticleStartup Financial Assumptions

Startup Financial Assumptions

All startup financial projections are based on a few key assumptions about how we feel the business will perform.

In this section, we're going to explain what key assumptions drive our financial forecasts and how to adjust them to create a financial model that works.

Download our Income Statement Template here to get started and follow along.

What’s the Goal Here?

The Assumptions tab in our income statement template gives us a worksheet to help determine what the right values will be to populate in our projected income statement. The tab itself is just a worksheet that drives things like our revenue projections, cost assumptions, and ultimately net income.

We’ll walk through each of the assumptions in this worksheet one by one to give a little m...



ArticleWhy Co-Founders Often Don't Last

Why Co-Founders Often Don't Last

It's a little-known secret — many Co-Founders typically quit in the first year.

We don't hear these stories because, by the time a startup becomes successful, they are long since written out of the annals of the company's history. If we're a first-time Founder, we don't realize that there's a massive delta between the commitments we make when we start a company and those that we have to maintain as the grind continues.

The problem becomes real when we realize we just gave our "forever committed partner" 50% of the company for what amounted to 5% of the long-term effort required to make it successful. If we had known Co-Founders don't last, we'd have prepared accordingly.

So why don't Co-Founders stick around?

Shotgun Weddings Don't Last

It...



ArticleWhen Competition Doesn't Matter | Startups.com

When Competition Doesn't Matter | Startups.com

Competition tends to be a distraction that's 100 feet taller than the reality.

As startup Founders, we've all had that moment when we thought our very existence was going to end because some competitor made some announcement that would crush us. We worry constantly that we're going to "lose to our competition" when in fact who we really lose to is our customer, and by way of that, our own product.

We need to rethink how competition really affects us, or in many cases, sorta doesn't.

It's Not "Winner Take All"

We have this mentality that one company, whether it's ours or our competitors, will "dominate" the market and take all of the market share. We will be insane and penniless wondering how we ever succumbed to that evil genius and their ...



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