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

Blog Archives

On the Paradox Consistency vs. Pivot

One of the more stubborn problems in building a business is the paradox of consistency vs. the pivot.

Consider this: It’s better to have a mediocre strategy consistently applied over three or more years than a series of brilliant strategies, each applied for six months or so. But too often people get bored with consistency and drop a working strategy long before

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Is it common for startups to have a president? Why or why not?

Startups usually begin with one or two founders who play many roles. The lead founder is likely to wear the hats of Founder, Chairman, CEO, President, CFO, CRO and CMO, while a co-founder may well be CTO, Chief Product Officer, and Programming Team Lead.

As the company grows and brings on more people, even in cases where everyone wants to

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Sprint Like An Egyptian: A Tech Entrepreneurship Revolution in Alexandria

At the threshold of one of the most recognizable landmarks in human history — the sole survivor among the Seven Wonders of the Ancient World, dating back nearly five thousand years — my entrepreneur host was engaged in heated debate with a rotating phalanx of functionaries.  As our group sweltered in the July heat on the outskirts of Cairo, each

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Startups Need the ‘Why’ Before the ‘What’ to Build

All too many startups are founded simply on the basis of a new and exciting technology invented by an industrious technologist. This is the origin of the “solution looking for a problem” and “if we build it, they will come” syndromes, which result in surprise and frustration waiting for funding, and waiting for customers that don’t materialize.

The right approach

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Movies, not Snapshots

Stopping by the First Growth Venture Network session today, I saw the usual great collection of startups and industry experts. It’s about the best forum for practical advice, mentoring, and support that an entrepreneur could hope to find.  As usual, there were lots of quotable quotes, but my favorite one today was from Jeff Bussgang, co-founder of Flybridge, who said:

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