Most startups have problems and I’ve seen many fail for so many reasons. Off the top of my head, here are the first 20 reasons I can think of: Never actually launched the product Founders fighting or working badly together Single founder was not able to do (or hire) key jobs Launched a “bad” product […]
Startup
What percentage of ideas submitted to venture capitalists are rubbish?
Introduction In this article, we asked several venture capitals this intriguing question – what percentage of ideas submitted to Venture Capitalists are rubbish? Who else is in a much better position than the ones who vet these ideas everyday! Andrew, VC, Silicon Valley No way to really know, of course, you’ll be stuck with anecdotal […]
Top 6 Successful Tech Companies that have created real value, but are still private
My top tech companies that I think have created tremendous value, but are still private. #1 Uber Waiting around for taxis used to be an extremely frustrating experience – they never seem to be on the road when you need them, their call centers always seem to be busy. But with Uber… all I […]
10 Big Challenges that An Entrepreneur Faces
#1 Money Money is known to be one of the major causes of problems that can lead business to failure. For a new business, the biggest mistake is expecting instant profit. Young and eager entrepreneurs start up a business with little money, assuming they will earn big and then invest that money again in their […]
What is the best advice for struggling entrepreneurs?
We previously wrote an article on advice that you would give to First-time Startup Founders and decided to follow up with the best advice for entrepreneurs who are struggling right now. Scott, Startup Mentor – Struggling is part of the process of becoming successful. The struggle is part of entrepreneurship. It should be a […]
Advice that you would give to First-time Startup Founders
Many young entrepreneurs want to build their own businesses for similar reasons that young actors still flock to Hollywood by the busload. They want to the glitz, the glamour, the pool parties, and the name recognition. Yet, most do not make it in the end and we compile pieces of advice that we, ourselves, have […]
Why does a startup need a product manager if it has an UX team?
UX folks typically focus on ways to make products/services EASIER TO USE: for instance through better workflows, consistent images or analogies, stepwise value analysis, follow-them-home studies, etc. If that were the ONLY ingredients in successful products, then we wouldn’t need product managers. And perhaps we wouldn’t need engineers. Product managers should be thinking […]
How do you know if your startup idea already exists?
If I need to know does my idea already exist or not, I should start with searching on Google. Obviously, if the competitors’ information don’t show up on search engines, it means they are not popular enough to take into account, or the idea actually haven’t exists. In order to get the optimal result, I […]