Thoughts on startups by investors that
fund them & entrepreneurs that run them

Blog Archives

The Discipline of Execution Defines an Entrepreneur

When entrepreneurs come to me with that “million dollar idea,” I have to tell them that an idea alone is really worth nothing. It’s all about the execution, and investors invest in the people who can execute, or even better, have a history of successful execution. Execution is making things happen, and for startups it usually means making change

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How True Entrepreneurs Make Themselves Accountable

Everyone seems to like the aspect of being an entrepreneur that goes with “being your own boss” and “able to do things my way.” But sometimes they forget that this kind of freedom comes with a price of personal accountability. Accountability means “the buck stops here,” and “all the failures are mine.”

Too many people seem to do whatever it

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High Performing Virtual Teams Have 8 Key Attributes

Almost every startup is a virtual team these days, since most don’t start out with dedicated office space, and some or all members of the team work part-time or out of their own home. It’s a small world, so these team members may not even be in the same town, or the same country. Outsourcing is just another extension of

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5 Dysfunctions That Make Your Startup Unfundable

Every investor I know can tell you at least one story about a great startup team that failed, even though it was well-funded and staffed with qualified and smart people. The reason almost always given is that the team didn’t work well together (dysfunctional). What does that really mean?

In my experience, genuine teamwork is hard to find, and even

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Investors Like Ideas, But Measure You On Execution

After the idea, it’s all about execution.  I often hear from investors that a great idea is necessary, but not sufficient. The most important thing is a proven team, meaning one who has built a startup before, and has experience with the execution process in this domain. I’ve talked before about the best personality traits for a good entrepreneur, but

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