There's a lot of talk these days about "Work/Life Balance" within a startup.
We're supposed to believe that we can build a world-changing startup from nothing while simultaneously traveling to exotic places and enjoying our "best life".
For most of us, that just doesn't add up. What's blowing us up, though, is how we approach the problem.
It can be.
While it sounds amazing to build something from nothing with plenty of time to spare, that's rarely the case. A startup is an all-consuming torrent of time, which means if we let it, it will absolutely take every second we have available.
Those of us that are beating the system are doing it by brute force hacks on life.
Going digital is now as simple as bringing out our phone to book a ride home. As early as five years ago before Grab hit the market, this was a fantasy for most people. Our world has been changed by digital solutions and the logical question would be to ask: What’s next?
To answer this question, we refer to Cognizant’s survey of over 2000 C-level professionals in Asia to tap on their collective wisdom. Such knowledge will be beneficial to both investors, consumers and even business executives would want to stay on top of things.
The top of the list would be artificial intelligence and this has found commercial applications in autonomous drivings such as the testing of nuTonomy in Singapore. The possibility of...
Entrepreneurs are classic risk-takers. They are continually assessing the world around them, seeking to identify problems in need of a solution. They work hard to address these problems, and transform them into opportunities to improve their world. However, in their haste to identify and seize those opportunities, many entrepreneurs rush into their businesses and forget to establish a long-term vision.
The history of the business world is littered with the empty shells of failed startups that burst onto the scene, but were unable to sustain their business model after their initial appeal wore off. Many of these businesses were started by well-intentioned entrepreneurs who were able to cast a compelling vision for the startup phase. But thos...
When a startup is bootstrapping, every last penny counts. Those early days of no or minimal funding are fraught for founders watching the number in the bank account get smaller and smaller but, unfortunately, most things that startups need cost money.
But what if they didn’t? What if, instead, you were able to trade your services for the services you so desperately need to get your startup off the ground?
That’s the idea behind Currency, a new site that takes a very old concept — bartering — and make it totally 21st century. The site lets companies trade their “currency,” which they can define themselves, for other things that they need. So, for example, maybe you have a company that does stationary...
We’re going to do it. We’re going to be the easiest, most exciting, best way anywhere to get craft beer. And we’re going to do it while having a shit-ton of fun.
Some of the most interesting startups are the ones that appear to be simple from the outside but, when you lift the hood and look inside, are actually incredibly complicated and technical.
That’s definitely the case with BREWPUBLIK, the beer subscription service that is really basic, at least from the consumer’s perspective. All they have to do is tell BREWPUBLIK what kind of beer they’re into and new beer suited to their taste appears on their doorstep once a month. It’s like magic!
Or is it?
BREWPUBLIK founder Charlie Mulligan says that it’s not magic that brings those beers to ...
In my tech career, I had the opportunity to experience hackathons from many different angles: as a participant, an organizer, a sponsor; a process advisor and technology provider; in plenty of cases as a winner or leader of winning teams; with both startup and corporate contexts.
I’ve experienced the challenges in leading talented teams under the time pressure of a hackathon; the stress levels of pitching ideas to leadership teams. Here is my advice to those ambitious hackathon participants:
No matter the type (corporate or public one) a hackathon is always a great opportunity to showcase your talent and skills: yes, hackathons are also about team spirit, collaboration and fun but the primary motivation of the typical participant is to win...
Everyone loves to talk about getting more users. Indeed, the mantra of “more users” has become something of a rallying cry in the blogging world. But relatively few people are talking about their existing users who they are potentially annoying and losing because they are focusing primarily on attracting new users.
Pleasing existing users is a lot more important than you might think because annoyed users don’t just leave, they complain – to their friends, family, and colleagues, who then have a bad impression of your website. Perhaps you should start devoting as much time and energy to keeping your existing users happy as you do to finding new ones.
If your users aren’t complaining already, here are some things that might tick them off in t...
It's 3:35 A.M. We wake up in hot sweat so wet we've soaked our Night Ranger vintage crop top right through. We had this awful dream that we were somehow fired from our own company.
If you own 100% of the voting stock and have no other shareholders — you can't.
Your totalitarian rule is safe, El Presidente. However, the moment we have additional shareholders in the mix, the game can change quickly.
Multiple shareholders, especially investors, typically introduce provisions in the Operating Agreement of the company that "protect" the shareholders from wrongdoing by the officers of the company.
Does that mean the janitor can initiate a palace revolt and overthrow us? Probably not. But it does m...
Entrepreneurs have quite a few options available when raising capital that generally fall into three categories — bootstrapping, debt and equity.
Investors want to find the right fit. They want the right location, market size, and traction, among other things.
Funding your business isn’t as easy as saying, “I want to speak to investors who will give me a big check for my great idea!”
Even the best ideas often require a long period of proving themselves before any investor is willing to support them with a check. Along the way, there are several forms of capital that entrepreneurs use to address their needs.
The most common way companies get funded is to start with their own capital, known as bootstrapping. The...
Over the last 7 years, Docstoc, an electronic document repository for financial and legal documents, has become a top resource for people looking to start small businesses.
Jason Nazar, Docstoc’s founder, grew the team to 50 people and led the company through a sale to Intuit in December 2013.
The sale generated buzz from virtually every tech journal – TechCrunch, Pando Daily, All Things D, and Forbes all covered the deal from Intuit’s perspective – that it was smart strategic planning for the Silicon Valley software giant to invest in such a valuable asset for small business owners.
What we wanted to see, however, was Nazar’s personal side to the story – what he learned from the business acquisition experience and what advice he would pro...