As a founder, you should be keeping track of milestones, performance, sales and everything else that’s going on with your company, but you’re busy, being pulled in twenty different ways, you have to fundraise, you’re running all sales and marketing, it’s overwhelming. How can you make sure the company is healthy aside from just your MAUs, DAUs, retention, and sales going up. How can you benchmark your startup’s operating performance?(more…)
The general thought is that if you have a good idea and no one has done it just yet, or not in the way you’ve conceived it, then being first to market means you’ll own the market, nave no competition, and run a monopoly company in your space. For any startup founder, the pressure of launching first is real―especially when considering the possibility of your competitor beating you to market, leaving you scrambling to re-evaluate your value proposition, or having to build a war chest to go head to head. I get it. But being first to market doesn’t guarantee success(more…)
Experienced entrepreneurs know very well ways that they can avoid common mistakes in new product and company development. However, this isn’t the case with first-time founders and budding entrepreneurs. Here are the 11 most common and biggest mistakes that startup founders make when launching their new business.(more…)
The elevator pitch, those few sentences which convey your company across to potential customers and investors. Do you have it right? Can you explain what your product does in language that is simple, yet presents the unique value of your product? You may think that you already have your elevator pitch perfected, but even if it is, test it, refine it, and make it better. The pitch will dictate whether you get some love in an elevator, or just get shot down. We’re here to help. Follow this guide to master the elevator pitch and get funded.(more…)
This deck was put together after years of seeing these things, putting these things together, and having garnered from it some personal success, i.e. getting funded. It also built off of a few decks that were passed to me by VC friends. Unfortunately, I’m not at liberty to say who the companies were, but rest assured they’ve been in more Tech-Publications than you and I.(more…)
Of the better ways to learn the startup scene is simply to work at one, and while you typically won’t find startup jobs listed on your typical job portal that is not to say those positions are not out there.
With that said, the benefits of working at a startup are many, possible chance at acquiring equity, experience that is then pivotal to start your own company, or a chance to break into venture capital.
While some websites exists that offer a job board for early stage companies, such as http://www.startuphire.com/, http://www.startuply.com/, and http://startupers.com/, they are often flooded with hundreds of applications, and moreso at times of economic trouble like what we’ve seen since 2008.
A better approach to securing a position at a startup, and any position for that matter is networking. If you’re into the scene, chances are you should know people within it, or at least make your way out to some entrepreneurially focused meetings / groups where you’ll not only meet people working within the startup industry of your interest, but it will also allow you to feel out the market as a whole.
Another, and a more novel approach is to focus your search through venture capital funds / groups. More often than not, VC’s will have their portfolio companies listed on their websites, and better yet, some will even have a listing of the jobs that their portfolio companies are looking to fill. Another advantage here is that the above method will allow you to better fine tune your search in terms of industry and expose you to companies that you may not have been previously aware of.
But how do you do it? Call up the VC fund, ask who to speak with at the startup of your choice, then call the startup directly. Make yourself stand out and show that you have what it takes to make it in a diverse and often chaotic environment that requires quick thinking and an innovative approach to problem solving.