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Be a Benevolent Dictator (And Eight More Lessons For Getting Your Stalled Start-up Off The Ground)

YoungUpstarts

Here are nine tested and true tips and insights for getting the job done right: You’ll need to rule your startup like a benevolent dictator. According to a variety of studies, the cost of firing senior- or middle-management personnel can be as high as 300 percent of that person’s annual salary, and in some cases even higher.

Cofounder 154
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21 Entrepreneurs Reveal Their Favorite Business or Entrepreneur Turnaround Story

Hearpreneur

Cohen and Greenfield borrowed $4,000 to build their first ice cream business in Vermont in 1978, with a total investment of $12,000. They gathered almost $30,000 in two months and were invited to a training session for a startup incubator, where they received training and $20,000 in cash. It cost him $4.8B

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How to Decide, Convey vs. Convince, & More

Ben's Blog

Annie: I have to say, like, the decision hygiene stuff — and the ideas of predicting these intermediating states of the world — apply so much in a startup environment. So, I actually can’t think of a place where this is more important than in a startup environment. I don’t have control over luck. Can we get off the route?