A funny thing happens when you lie to people: they tend to believe. Why shouldn't they? They lie to themselves all the time. Our minds are wired to respond in predictable ways-among them is perceiving the world the way we want to see it, not necessarily the way it is.
If the motivation is anything less than, "I just can't not do it," you might want to think twice because times will get tough. Here are five other things I've learned in the first six months of building a company.
In the few days I was in China I met with several VCs, angel investors, business press and spoke to hundreds of entrepreneurs. I was blown away by what I saw in Beijing. Think of what Rome looked like in the time of the empire -- now it's Beijing announcing that China has arrived.
In the course of its first year any startup will confront issues it had not anticipated. Decisions will be made that are wrong. Every new business is different, and every one will encounter its own unique problems. Here are the lessons we learned from our mistakes at CircleUp in our first year.
Guys, put simply, it's like dating. First, we need to know that we're not going to end up dead in a ditch somewhere, second, we're the ones that are used to playing a little hard to get, and finally, a little foreplay is nice!
Two weeks after the GigaOm Conference on Structure Data in New York, Gerstein Fisher held its annual Real Talk series. The subject of the investment management firm's lecture followed GigaOm's footsteps, as if by design.
As more women face the challenge, the proverbial glass ceiling will keep cracking and hopefully, one day it will break apart. Until then, don't be afraid to take risks and nurture your ideas. They might just hatch.
Major acquisitions aside, startups are often blind to the actual costs associated with full-time employees. As you celebrate and toast to your latest round of funding, please take heed of five employee costs often forgotten by founders.
Whether creating fun consumer technologies, advanced enterprise software or biotech breakthroughs, Israelis are certainly proving -- startup by startup -- that they are able and willing to solve some of the world's greatest issues.
One reason the finance business is always busy is that it functions much like the arms dealer. You don't need to figure out precisely who's going to win or lose. Some fail, some succeed. If they succeed, they wind up building an army that's accomplishing something.
According to the Kickstarter's data, there was $274 billion collected last year (+238 percent from 2011). In comparison, VC's invested $26.5 billion in 2012 (-10 percent from 2011). Do you see the difference?
We all know about crowd funding, but there are several sources of capital that are rarely discussed: revenue-based loans and asset-based loans. Both types of loans are similar to venture capital in that they work best with companies that have demonstrated potential for strong future growth.
Even with all the hype about fracking, natural gas was not the No. 1 source of new electricity generation in the U.S. in 2012. In fact, it was wind power, accounting for over 40 percent of new capacity compared with 33 percent for gas, according to the Energy Information Administration.
These days more middle market companies are utilizing a new type of supertemp without adding to overhead. While interim management is not yet a household phrase, some companies are already getting the best of both worlds: temporary and expert.