Startup Professionals Musings
APRIL 17, 2022
The challenge is to recognize and recruit that ideal partner match early with minimal cost and risk. In fact, I would broaden the definition of partner from co-founder to “business partner.” The reason is that good attributes apply equally well to “external” partners, as they do to internal partners, like a co-founder or CTO.
Startup Professionals Musings
MARCH 18, 2023
It seems like every entrepreneur I meet these days is quick to proclaim themselves a visionary, expecting that will give more credibility to their startup idea, and improve their odds with investors. In reality, I’m one of the majority of investors who believe that startup success is more about the execution than the idea.
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TechEmpower
JULY 31, 2023
When talking to startup founders or other innovators, we always ask questions to better understand their business as a core. Finally, review the numbers with your partners. Conclusion Startup metrics are an invaluable tool for founders and innovators. Focus on building an MVP to gather startup metrics.
Startup Professionals Musings
JULY 17, 2023
I know that dates me a good bit, but it also shows that I have been hanging around startups and big companies for a long time. The honest truth is that I worked directly with him in the early days of Microsoft from my “safe” perch in big IBM, during the startup of the IBM PC. Enlist community of support. That’s real viral marketing.
Startup Professionals Musings
FEBRUARY 10, 2023
Even though the color of their money is always green, all startup investors are not the same. Investor due diligence on a startup is not a mysterious black art, but is nothing more than a final integrity check on all aspects of your business model, team, product, customers, and plan. Know your partner well before you get married.
Startup Professionals Musings
JANUARY 30, 2023
In my own experience with technical startup founders, I still find it hard to name one who was also good, or even interested in financials or business operations. However, by finding a partner with complementary skills, the potential was always greater than “1+1.” You need a team and relationships to run a business.
Startup Professionals Musings
MARCH 22, 2021
Every entrepreneur tries to maximize his startup growth by building and selling more product and services for the widest geographic area that he can support. Add basic partner contracts or alliances. Too much reliance on growth via contracts and alliances makes you vulnerable to partners’ actions and conflicts of interest.
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