Sat.Oct 29, 2022

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6 Reasons To Build A Working Model Of Your Solution

Startup Professionals Musings

These days, everyone wants to be an entrepreneur, pitching their latest and greatest new idea, and looking for someone to give them money. Angel investors, like me, have long figured out that asking to see the prototype is a quick way to separate the ‘wannabes’ from serious players. Talk is cheap, but entrepreneurs who show you a working model of their idea know how to execute.

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Uncommon Skills Every Entrepreneur Needs to Thrive

The Startup Magazine

No wonder, the demand to pursue entrepreneurship has been rising in recent years. Around 5.4 million new businesses have been registered in 2021. Besides, 78% of small businesses say that they are profitable. Although statistics show that about 20% of new businesses fail within the first two years , the desire to become a successful entrepreneur is increasing constantly.

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Two Questions To Ask During Hiring Reference Checks Instead Of “Where Can They Improve?” Be Specific About Situations & Create a Permission Structure for Honesty

Hunter Walker

I LOVE doing reference checks — on founders we are hoping to support and key hires into their teams. On-sheet (provided by the individual) and back-channel are both valuable in their own ways. Don’t incorrectly write off the ‘candidate supplied references’ thinking that it’s worthless to speak with people who have been prepped or likely to be positive.

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