The biggest startup challenges an entrepreneur faces today are aplenty – funding, budgeting, marketing, business development and learning how to handle investors. #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 […]
Startup
We’ve learned a lot from our own experiences. But we’ve learned just as much, if not more, from reading stories of other successful companies and failed startups.
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Most Common Problems that Destroy a Startup
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 […]
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 […]
6 Successful Tech Companies that have created real value, but are still private
With billions in revenue, these successful Tech companies have blazed trails and created so much buzz, but why are they still private? My top successful 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 […]
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
We share the best advice for startup founders that we gleaned from our experiences with successful entrepreneurs. 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 recognition. Yet, most do […]
Why does a startup need a product manager if it has an UX team?
Why do we need a Product Manager? Are Product Managers overrated in today’s context? UX folks typically focus on ways to make products or services that are 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 […]
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 […]