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…
The trend is confirmed: Regardless of the very low startup success rate, budding entrepreneurs are rushing into the world of business like there’s a gold mine in sight. While it’s true that the opportunities are there, most of startups won’t struck gold at the end. But why entrepreneurs are still doing it even though the…
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…
Remember the Concorde? The passenger aircraft can fly at supersonic speed (twice the speed of sound – or Mach 2.) If you don’t know how fast it is, it’s about 1,354 mph – more than twice the speed of today’s typical passenger aircraft. So, to put it simply, consider this illustration: Flying from London to…
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…
Worried about the apocalypse’s aftermath and have a plan to prepare a community for it? Entrepreneurs know very well about the emerging “doomsday prepper” market, and they launch startups that help people to feel safer by providing some kind of “insurance” that will increase their well-being when things go bad. Now, some other startups are…
When I was a kid, my remote control car survives well under heavy use. As a kid, you redefine the word ‘heavy use.’ It means that your RC car survived falls, crashes, trips, and anything else you could think of. If it didn’t suffer much, it lasted for years before you need to buy another…
I suck at recording any videos. My hands are shaky. Things are getting worse when I record a video while moving around. Fortunately, I’m not the only one 🙂 And the best thing is, there’s a solution to my problem: Gimbal system. Thanks to the development of the system, the problem is partially solved. A…
“Wanting to be an entrepreneur vs. being an entrepreneur is two different things” – Gary Vaynerchuk “I own a startup. I’m an entrepreneur. F*** yeah!” is many young people’s mantra, but I think that having that cool idea and work on it on the weekends won’t make you an entrepreneur in its truest sense. You…
