Innovation (noun): The act or process of changing or introducing something new into what’s already been established. Companies like Airbnb, Amazon, and Uber immediately come to mind when talking about innovation. These businesses took an already established process – like buying groceries, hailing a taxi, and booking a hotel room – and added a more…
I love talking about my mistakes publicly. Why? Two reasons: One, so that I keep myself grounded; and two, so that you can learn NOT to make the same mistakes as I do. Don’t get me wrong: I’m a big fan of failing. Failing is good – but only if you learn from it. To…
Visionaries often get the crappy end of the stick when it comes to getting credit for the impact they have on their respective companies. This happens everywhere – at big and small companies, including startups. At least until they’ve ascended to the god-like greatness of Steve Jobs and other Silicon Valley standouts. The road traveled…
I was reading this Fortune’s article about the growing list of startup scandals, and I was surprised to learn some facts about the scandalous startups. I knew about the Theranos’ involvement in selling tests which were actually rarely work. I also knew about Jessica Alba’s The Honest Company, which allegedly “mislabel” its products. But reading…
Startups are in a tough predicament when it comes to tech purchases. On one hand, modern smart technology, laptops, PCs, and essential (or very helpful) software are paramount to running a thriving business. However, you start to ride a very slippery slope quite quickly if these purchases get out of hand. Profits need to come…
I have no f***ing idea. So, there you go – Slack‘s Founder Stewart Butterfield has given his answer to the question why Slack has explosive growth. Has this post concluded? No, not yet. I want to dig deeper on his answer. Is it just pure luck? I know that startup involves some level of the…
From conception to launch, there’s nothing easy about being a startup founder. The road will likely be arduous. Few people will help you at first. If history is any lesson, there will be many failures followed (hopefully) by a few smashing successes. Following are 6 questions you need to ask yourself, starting when the first…
There are a thousand and one cliches out there about failure and how you need to get back up and keep going when your business fails for the first, second, third, etc., time. More important than the “getting back up” part, is to have the ability to see the forest for the trees. To recognize…
