Team is such an important thing in the startup world. A study says that 60% of startup failure is due to problems with team. Bill Gross, the founder of Idealab, also found that team is the second most important thing for startup success, after timing. So if team is...
Jeff Bezos said that while so many other companies focus on beating their competitions, Amazon focuses on pleasing and winning over the customer. Both approaches might look like they are the same but they are not. When you focus on your competition, you will likely...
A Few Ideas About Business Planning for The Strategic Startup 1. Business plan only shows how much you understand your idea. 2. Business plan doesn’t show how much you can execute. 3. Nobody follows their business plan – since no plan actually works; a...
Some Piece of Advice for The Strategic Founder and some Mistakes He Should Avoid Making. 1. Don’t be a single founder. 2. Avoid bad locations. 3. Choose a niche that will pay if things pick up. 4. Be wary of ideas you don’t understand – especially problems you...