Why do some people have good ideas and others don’t? The answer is Schlep Blindness. A good idea is a useful idea. Useful ideas come in three varieties: easy and obvious, hard and obvious, and hard and non-obvious. In the startup world people are no different than everywhere else- most of us come up with […]
How many of the world’s top 73 self-made billionaires were in a worse situation than you when they started? Let me go straight to the point, is it possible for most of us to go from zero to billionaire? Yes. This is how. If you were to guess whether world’s top 100 richest people got […]
If you are thinking about giving up right now, wait until you read this. Here is why – your worst days come right before success. There are 7 big reasons why you should never give up. Let’s go through each step together. 1. Stay alive. As long as you are alive, anything is still possible. 2. […]
Being a newbie entrepreneur can be challenging and nerve-wracking but also incredibly exciting and rewarding once you’ve see the result. Start a startup couldn’t avoid many financial, legal, staffing, marketing, and customer issues. Being an entrepreneur, you must learn to confront these issue. In addition, although there is a lot of conflicting advice out there […]
Have you ever wondered why some people never get around to doing the idea they always talk about? Other people procrastinate for a while and then actually do what they said they wanted to do. Entrepreneurs are doers. So what goes on in the mind of people who turn into entrepreneurs? Imagine you’re sitting and […]
I run a startup. Lean and mean, 16-hour days. Everything we do is ours. When we thought of hiring another person, it quickly became clear that we could not handle an employee. I had to become an entrepreneur. We could not pay for insurance, supervise them, offer them a stable salary. Why because all those […]
How does one learn to think? If you get lost, here is a line of thinking map. “Forget everything you learned,” they told me on the first day of law school. Three years and $150,000 later they erased from my mind all the half-truths I learned from school and my family. They were not teaching law, […]
Whether you ever raise funding from investors or not, you as an entrepreneur really benefit from being able to see your business through the investor’s eyes. Below is a part of our conversation with Jeff. For that I talked to one of the most respected early venture capitalists in Silicon Valley, Jeff Clavier. Together we […]
Today the number of entrepreneurs in the world is 380 million. That means for every nineteen people you meet – one will be an entrepreneur. Is that a lot? I think that’s very low actually. What are the other 18 doing? Ok, some of them are kids, some are seniors. Then again, these categories probably […]
How much do you need to know to build a startup? From what I have seen of big entrepreneurs and founders they tend to not worry about knowing things, but rather doing things. A lot young people have an education. Often it is the education that disables them from doing – they know so much […]
How many times should you try before rationally quitting? Intuitively, you would think there is a number that most people will attempt before the survival instincts kick in. What is that number? Apparently, it is much higher than one would think. The startup world is full of seemingly instant successes. People hack together a website, […]
Becoming an entrepreneur is about the mindset of entrepreneur, and the first actions you would need to take to become one. To do a startup, you need to think very simplistically in many ways. From what I have seen working with hundreds of startup founders, it is often those that stay “hungry and foolish,” as […]
