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This list of questions from Unusual Ventures is a great “gut check” to test if you’re ready to turn an idea into something concrete. Questions to ask yourself Questions to ask your potential co-founder(s) Questions to ask about your product/market These questions help clarify your commitment to the tough ride you will signing up for if you…
More >>First, remember the “outcome” you seek. This is usually a meeting, so only pitch enough detail to get interest to have that meeting! Don’t over do it, keep it simple, and ask for the meeting (or other outcome you need)
More >>Original by Stuart Skorman. Edited for use in this blog about emotions in Entrepreneurship. Starting a business is so difficult, wrenching, exhilarating, terrifying, and joyous-all at the same time that it’s almost an unnatural act. Who wants to inflict that kind of trauma on themselves? Who wants to expose themselves to that kind of nsk?…
More >>Original by Stuart Skorman. Edited for use in this blog about Mentors in Entrepreneurship. Finding a mentor is the best way to learn what it takes to be an entrepreneur. Mentors can teach you the ins and outs of a business and be helpful role models. Consider these tips: Know you need a mentor. The more…
More >>Original by Stuart Skorman. Edited for use in this blog about emotions in Entrepreneurship. Starting a business often comes with strong emotions. Joy is often present when starting a business. Call it happiness, exhilaration, or excitement. All can be helpful, but joy shouldn’t be the base of your emotional foundation. Ultimately business decisions need to…
More >>By AMY WILKINSON What makes some people stand out, even in an extraordinary crowd? Stanford Graduate School of Businesses lecturer Amy Wilkinson interviewed over 200 of the world’s top entrepreneurs to find out. 1. 1:28 Spots the gaps. Example; 2:02 Under armour. 2. 3:33 Drive for daylight. Example; 4:09 Airbnb. 3. 5:42 Fly the ODDA…
More >>1. Contacts Your current work environment probably gives you immediate access to lots of people (prospective customers, experts, support). You lose some of this when you quit. 2. Cash flow Every entrepreneur is optimistic; your business will take twice as long as you think to become profitable. Keep the job cash coming in, even if…
More >>By Stuart Skorman During my career, I’ve started four intentional businesses and a couple of unintentional ones. Through it all, I’ve learned a lot about what it takes to pick a winner. Here is some food for thought: Base your decision on logic, not emotion. Many people let feelings and passion steer them toward a…
More >>1. Getting wedded to an idea and sticking with it too long. Don’t marry a single idea. Remember, ideas are the currency of entrepreneurs. Play with many ideas and see which ones bring money and success. 2. Trying to be something other than an entrepreneur. Entrepreneurs are entrepreneurs.You’ll give yourself a hernia if you try…
More >>Here are some great remote learning resources. Startup School for Future Founders A free, 6-week online course for aspiring startup founders.Learn how to start a company with help from the world’s best accelerator – Y Combinator. https://www.startupschool.org If you are thinking about a startup, not now, in the future try this one: https://www.startupschool.org/future-founders Startup Playbook Written by Sam Altman,…
More >>‘If you want to be successful in a particular field or endeavor, I think perseverance is one of the key qualities. It’s very important that you find something that you care about, that you have a deep passion for because you’re going to have to devote a lot of your life to it.’ George Lucas
More >>‘Anyone who can face up to decision making can learnto be an entrepreneur and behave entrepreneurially . . .Entrepreneurship is a behavior rather than apersonality trait. In 30 years I have seen people of mostdiverse personalities and temperaments perform wellin entrepreneurial challenges. Some entrepreneurs areegocentric and others are painfully correct conformists.Some are fat and some…
More >>‘Live as if you were to die tomorrow. Learn as if you were to live forever.’ Mahatma Gandhi
More >>‘You look at things and ask – why?but I dream of things that never were and ask – why not?’ George Bernard Shaw ‘The starting point of great success and achievement hasalways been the same. It is for you to dream big dreams.There is nothing more important, and nothing that worksfaster than for you to…
More >>‘There comes a special moment in everyone’s life, a momentfor which that person was born. That special opportunity,when he seizes it, will fulfill his mission – a mission forwhich he is uniquely qualified. In that moment, he findsgreatness. It is his finest hour.’ Winston Churchill
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