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6 Key Leaders Every Technical Startup Needs To Thrive

Startup Professionals Musings

In my years of advising startups and occasional investing, I’ve seen many great ideas start and fail, but the right team always seems to make good things happen, even without the ultimate idea. Yet every entrepreneur I meet wants to talk about the idea, and rarely mentions the team. Outsourcing your core competency does not work.

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10 Manageable Risks That An Entrepreneur Should Take

Startup Professionals Musings

Entrepreneurs see “no risk” as meaning “no reward.” There are no guarantees in business, but it pays to learn from the experiences of entrepreneurs and business experts who have gone before you. Investors know that startups with too much money fail just as often as those with not enough. In reality, all risks are not the same.

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7 Costs To Consider Before Taking Your Startup Public

Startup Professionals Musings

Despite the fact that the number of IPOs (Initial Public Offerings) for startups have continued to stay low, I still hear it touted often as the preferred exit strategy. Yet I believe the trend will continue at least flat as entrepreneurs become more aware of other considerations that make the IPO route less and less attractive.

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10 Strategies To Avoid Bad Risks In Your New Venture

Startup Professionals Musings

Entrepreneurs see “no risk” as meaning “no reward.” There are no guarantees in business, but it pays to learn from the experiences of entrepreneurs and business experts who have gone before you. Investors know that startups with too much money fail just as often as those with not enough. In reality, all risks are not the same.

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Startup Stock Options Are Not Reliable Compensation

Startup Professionals Musings

Wouldn’t you like to be one of the lucky people who joined Google and Facebook when these were startups, and now be a multi-millionaire? So people ask me “How many shares should I ask for when I join a startup today?” compensation entrepreneur startup stock options business' 7% Product Manager,2 -.3%

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How To Test The Startup Lifestyle Before You Commit

Startup Professionals Musings

If you think you are the perfect fit for the entrepreneur lifestyle, but you’re not yet sure if you’re ready to start your own, then I recommend that you take a job with an existing startup first to validate the culture realities against your dream. Running or working for a startup is more of a lifestyle than a career choice.

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How Many Startup Stock Options are Enough?

Startup Professionals Musings

Wouldn’t you like to be one of the lucky people who joined Google and Facebook when these were startups, and now be a multi-millionaire? So people ask me “How many shares should I ask for when I join a startup today?” Thus, stock doesn’t “pay the mortgage” today, so to speak. Advisory Board Member, 1% Senior Engineer,3 -.7%