11 Tips To Make You A Great Startup CEO, Part I
Are you a first time startup CEO, and you’re wondering what your management style should be? Or maybe you’ve never managed a team before, and you’d like some management training and tips? You’re in luck, because I’m going to give you eleven tips that will help you become a better manager and a better startup…
A Huge Market Is A Red Flag To Your Investors
“We’re going after a huge market,” “Giuseppe*,” said to me. “It’s around $1.5 trillion!” “Really,” I said skeptically. “Yeah,” Giuseppe said, “And the best part is we don’t even need to get one percent of the market to be successful!” “Walk me through how you determined the market is $1.5 trillion,” I said. You look…
How Do You Build An MVP That Actually Sells?
One of the alleged rules that you have to follow is building your startup MVP. In fact, you’ll hear that you have to build an MVP. Full stop. Well, I’m here to tell you that for your startup to build a lean MVP just to build an MVP will get you killed. Instead, you need…
The Seven Steps To Beating Your Competition
You’re flying blind if you don’t understand what your competitors are doing. And, rest assured, every startup has competition. In today’s video, I’ll share with you seven steps to stay ahead of your competition and dominate the market. You’ll want to see how Steve Jobs used a perceptual map to brilliantly position the iPhone. And,…
How Do You Prepare For A Possible Merger?
“You look very tan,” I said to “Jason” during our Zoom update. “How was your vacation?” “The vacation was great,” he said. “The weather was a perfect 80 degrees every day with a slight breeze off the ocean. We had a really nice time.” “I’m guessing that may be part of the reason for item…
How Do You Validate Your Startup Idea In One Hour?
One of the biggest mistakes you can make as an entrepreneur is not validating your startup idea. The problem is that testing your startup idea supposedly takes too much time. However, that’s just not true. In this video, I’ll show you how, in seven simple steps, you can validate your business idea in less than…
How Long Does It REALLY Take You To Get Funded?
“How long do you think it’s going to take to get funding?” My wife asked me. It was January, and we had just started raising money. “My guess is we’ll be funded by June.” It turned out I was right. We were funded by June…two years later! We started off our fundraising with a lot…
Why Research Is A Key To A Successful Startup
“Hostile armies may face each other for year, striving for the victory that is decided in a single day. This being so, to remain in ignorance of the enemy’s condition, simply because one grudges the outlay of a hundred ounces of silver in honors and emoluments, is the height of inhumanity.” Chapter XIII: The Use Of…
How Do You Keep Your Engineers Ahead Of Schedule?
If you want to quickly lose your investors trust, then start missing the milestones on your engineering schedules. I found this one out the hard way. But, as quickly as we lost our investors trust, we gained it back. I’ll walk you through how we used the critical chain methodology to gain back our investors…
What Makes Your Business Strategy Successful?
“You’re a tough guy because you’ve executed your plan,” “Raul,” one of our investors said to me. I nodded and said, “Thank you,” in response. What Raul said meant a lot to me because he threw praise around like manhole covers. In other words, it was a rare event when Raul ever said anything positive.…