If you've ever wondered what a "Co-Founder" really is, you're not alone. We've challenged ourselves to answer this question and to explore a process to discover and develop what might become a co-founder or co-founding team. ...
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Via: StartupWeekend
Co-founder of @StartupWeekend with @marcnager and a great t |
Earlier today I got into a conversation with a colleague about the relative importance of a startup idea vs a startup team. Naturally, both the concept and the people are critically important, but if you had to pick one, which would be most important? ...
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Via: David Cummings
10-20 tweets per week. Tech entrepreneur who enjoys family, |
AngelList "corporate policy" is that team members should ask forgiveness, not permission. We would rather have someone do something wrong than ask permission to do it. Or better, we would rather have someone do something right and not need permission to do it. This is the most common outcome. ...
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Via: Venture Hacks
I started @angellist and @venturehacks. |
I am fond of quoting that about 70% of my investment decision of an early-stage company is the team. My rationale is simple: everything goes wrong and only great teams can respond to competitors, markets, funding environments, staff departures, PR disasters and the like. ...
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2x entrepreneur. Sold both companies (last to http://salesfo |
Q: Where can I get some good starting salary information for a SaaS startup? I need the information for CEO, CFO, CIO, CINO, Director of Sales. How much should the starting salaries vary for a startup? ...
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Via: Ask The VC
I'm a managing director at Foundry Group. I live in Boulder, |
"Become indispenable to your employer." That's the advice I see from job training and professional coaches all the time. And I can empathize with why it exists. Many employers are not supporters of their teams, and treat human resources as, well, resources that just happen to be human. Hence, employees fight back by being the only person in the company who knows how to accomplish a critical task. ...
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Via: Rand's Blog
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I often get asked about finding cofounders and I usually give the standard list of characteristics of what I look for in a founder. And I emphasize the value of a founding team with complementary skills sets - i.e. the hacker/hustler/designer cofounder archetype for web/mobile apps. But Jessica Alter, Cofounder ...
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Via: Steve Blank
Customer Development & Secret History, Teaching at Stanford, |
One of the hardest lessons for an entrepreneur to grasp is to hire slow and fire fast. Every new entrepreneur thinks it won't be a problem. It sounds easy until they are faced with the situation. I have no idea how many people I've hired over my career, but I know how many peopl e I've fired - twenty-three. It's stressful on everyone. It never gets easier, but with more experience, the faster you ...
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Via: Under30CEO
I share info about start-ups, business, and entrepreneurshi |
The team were "killer smart", witty and - looking back - a little insecure, just enough to give a feeling of "we can't screw this up; we can't let each other down." ...
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Via: Venture Beat
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When you are part of a small team at a fast-growing company like Filepicker.io, there is a constant push to focus only on the immediate task at hand, to Get Things Done. This focus is incredibly important, and many fledgling companies fail because they try to do too many things before they're ready. On a personal level, however, it's important to actively devote time to growing your personal ...
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Via: Filepicker.io
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Klaas Kerstin of Flare Games gives a fantastic talk about company culture and the merits of an asshole-free company. "You are spending a great deal of your life at work, and choosing energy in where and who you work with is always a good investment." Klaas spoke at one of the HackFwd build events where all of our companies are invited to meet and build the future of their companies ...
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Via: HackFwd Blog
We're experienced tech entrepreneurs looking to support and |
Today one of our portfolio companies is holding their internal management training in our offices. They have asked me to talk a little bit about my own experience with the challenge of going from being an individual contributor to being a manager. I remember this being a very rough transition for me and it took me quite a long time to get comfortable as a manager. ...
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Via: Continuations
VC at http://usv.com |
"Everybody should have a voice, but not everybody should have a vote." That's what Tom Fishburne told me when I asked him about ways that organizations could harness the creative potential of their teams without getting bogged down or distracted by the wealth of ideas that groups come up with. ...
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Via: Marketing Profs
Writer, ironist, doctor of philosophy. Also, editor at Marke |
Equity incentives are a major form of compensation for most emerging growth and technology companies. Without them, most start-ups cannot afford critical labor, let alone a board of directors or advisors. ...
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Via: The Startup Garage
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Can a services company like an app development house become a product company, and, as Silicon Valley VCs typically demand, command high multiples? ...
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Via: Venture Beat
I tweet about the web, social media, tech, and startups. Wr |
... We weren't getting work done very fast. We were putting in long hours, but it always seemed like there was more motion than their was progress. We didn't realize it at the time, but we had run afoul of one of the most important rules of startup productivity: If two people work on a task, it takes twice as long. ...
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Via: Dan Shapiro
Google acquired @sparkbuy, so I now work on www.google.com/a |
Hiring technical talent is often cited as one of the most difficult parts of scaling a startup. Great companies are built by great teams so naturally, when it comes to technical talent, companies are competing harder than ever to entice the best of the best. The rationale you'll typically hear is along the lines of "a great developer is 10x as productive as a mediocre one." That might be true, but ...
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Via: On Startups
@flatironschool, founded @designerpages, Rubyist, Skillshare |
To find out how startup leaders think about building companies that they themselves enjoy working in, we surveyed the founders of some of the most innovative startups out there to ask them one simple question: What do you value most about your company's work culture, and what's one important way that you contribute to it? ...
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Via: iDoneThis blog
The insane, on occasion, are not without their charms. - Kur |
This post makes use of my personal experience and wisdom that I have collected over time working in large enterprises, and I will try to present a detailed analysis of key points which will be decisive towards the making of a User Experience team, that delivers. ...
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Via: 1stWebDesigner
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"Isn't it better to hire a person that has great potential to fill the job rather than bemoan the lack of candidates?" On my previous post, commenter David Bley asked that rhetorical question. More and more, employers are sharing this perspective. ...
A major criteria or a deciding factor for employee happiness is the people he/she is working with. High pay, bonuses, equity, benefits, etc are all just fuel to the car. The people in it should be great to actually enjoy the ride. Your employee will stay if she enjoys working with the people around. ...
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Co-founder @hackerrank & @interviewstreet |
We had hired a new senior executive. He reported to me, and at first he pointing out that he thought someone had spent more money than was warranted on a particular project. Then, he remarked on a couple of people who weren't arriving at work on time. Over time, he let me know he felt people were taking advantage of me. They didn't appreciate how good they had it. I needed to be tougher. ...
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President and CEO, The Energy Project. Author, Be Excellent |
I saw an email from a CEO the other day. In it, he said "I" over and over again. There were numerous places where he referred to "my company", "my team", "my product", and "my plan." It bummed me out. I know the people on "his team" and they are working their asses off. But there was a huge amount of "we" in the effort and when I read the note, all I could think about was how demotivated I would b ...
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Via: Feld Thoughts
I'm a managing director at Foundry Group. I live in Boulder, |
"The difference between an A team and an A team is the difference between a million in revenue and a billion in revenue." - Paul English, Kayak According to Steve Jobs, "hiring the best is your most important task". ...
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CEO/co-founder of @skillshare, investor/advisor for @collabf |
This is the final post I am writing in this MBA Mondays post on People. Next week we will start with the guest posts and I've lined up about a half a dozen of them. I am going to finish... ...
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Via: AVC
I am a VC |
To keep commitment high and reinforce a culture based on your objectives you need to install a systematic approach to meetings that allows people to be heard, get help, pose ideas, participate, learn, grow, move projects forward, and stay connected. ...
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Via: Duct Tape Marketing
I actually tweet at @ducttape, but I have this account to us |
I don't like using terms like "fire" or "terminate." To me they have too much emotion attached to them to be appropriate when splitting with an employee. I like to say that "fred was asked to leave the company" or "fred, we need you to leave the company." That works better for me and, I think, it also works better for the person who is being asked to leave the company. ...
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Via: AVC
I am a VC |
Are you on the same team as your developers? Your business stakeholders? I hope you at least have similar goals, but how do you know if you're on the same team? ...
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Via: Johnny Holland
CTO of Site9, makers of ProtoShare. |
I hate to see employees leave our portfolio companies for many reasons, among them the loss of continuity and camaraderie and the knowledge of how hard everyone will have to work to replace them. There isn't one secret method to retain employees but there are a few things that make a big difference. ...
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Via: AVC
I am a VC |
For over two decades, I've tried to understand what drives teams. Conventional theories never work; I find that the secret sauce for a successful team has three ingredients: ...
When hiring strangers, you first have to attract people. Figure out your strengths, internal and external. Do you use cool technologies in your startup? Highlight that. Does the job offer perks, even if it's a cool location or flexible schedule? Mention that. If you run ads, make the interesting and talk to people like you would face to face. Avoid jargon. ...
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Via: HackFwd Blog
We're experienced tech entrepreneurs looking to support and |
The first step is building a hiring roadmap which should lay out the hiring plan over time by job type. This should be built into your operating plan and budget. You want to be very strategic about how you invest your scarce resources into hiring and think carefully about when you need to add resources. ...
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Via: AVC
I am a VC |
This is the third post in the MBA Mondays series on People. The number of people you have in your company at any time is a very important part of getting the company building process right. Too many and you will slow things down, burn through too much cash, and increase management overhead for no real benefit. Too few and you will be resource constrained and unable to grow as fast as you'd like. ...
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Via: AVC
I am a VC |
At this point, it's probably not difficult to understand why MBAs carry little credibility in startup world. So why am I even asking the question? I think we have thrown the babies out with the bathwater. More specifically, we've thrown the outstanding talent out with the bad behavior of an old, irrelevant sub group. ...
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Via: Bhorowitz
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Companies are not people. But they are comprised of people. And the people side of the business is harder and way more complicated than building a product is. You have to start with culture, values, and a committment to creating a fantastic workplace. You can't fake these things. They have to come from the top. They are not bullshit. ...
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Via: AVC
I am a VC |
It's one thing to read posts from founders and investors dispensing advice on the particulars of building a team and setting company culture. It's another to have them look you in the eyes and share their experiences in their own words. This video provides the latter in a direct and concise way that you can feel. Not required, but definitely worth your time to look into their eyes ...
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Via: Bryce DOT VC
VC, Dad |
Instagram didn't rush to Android. They also didn't do video. They were truly excellent at what they did do. What do you want to excel at? How will today's "toe in the water" initiatives distract you or take your management's time or attention off of your core business? How likely is your, "won't take too much time" initiative to come back and bite you in the butt? ...
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Via: Cloudave
2x entrepreneur. Sold both companies (last to salesforce.com |
"Soft culture matters as much as hard numbers. And if your company's culture is to mean anything, you have to hang - publicly - those in your midst who would destroy it." ...
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Via: Usman Sheikh
Co-Founder of IDENTIFI. On a mission to get the right people |
Setting the early equity split in stone is one of the biggest mistakes founders can make. With their confidence in their startup and themselves, their passion for their work and their mission, and their desire not to harm the fragile dynamic within the nascent founding team, co-founders tend to plan for the best that can happen. ...
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Via: Startup Lessons
Trying to change how startups are built. |
Here's the thing about startups: from the outside looking in, they seem sexy and fun. But once, you work for a startup, it doesn't take long to realize they're also all-consuming. Working for a startup is not a 9 to 5, punch the clock job. It can be a 24/7 thing. This is one of the reasons why I think it makes sense to offer every startup employee the opportunity to have a stake in the action ...
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Via: Mark Evans Tech
Startup marketer, conference organizer, hockey player, dad, |
Question: I am one of three founders of a company. Up until now we have been bootstrapping the company from our own funds and working part time on the company while having full time jobs. One of us will be transitioning to the first full time paid employee of the company. The question is, does being the first full-time paid employee affect that founder's equity in the company? ...
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Via: Ask The VC
I'm a managing director at Foundry Group. I live in Boulder, |
"Oh, that's not my job," is the sound of doom. Maybe not imminent doom, but doom indeed. It's the magic inflection point when a company becomes too big (even if only psychologically) for any single employee to give a rat's ass about job numero uno: Making shit work. No profession is immune. You can have designers who oh-thats-not-my-job to get the JavaScript they w ...
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Creator of Ruby on Rails, Partner at 37signals, Co-author of |
Today I'm going to address two concepts that surprise people every time, end up generating lots of head nods, then usually don't happen. These suggestions clearly fit into the art of the board more than the science. And it’s the unwillingness to depart from traditional norms by those around the table that stop them from happening. ...
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Via: AVC
I am a VC |
Over the past year, a disease thought dormant since 2001 has become active again in London's Tech City. Symptoms include the promiscuous abuse of words such as "senior", "executive" and "international" and feigned embarrassment at the intergalactic grandeur of the sufferer's job title. ...
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Via: THE KERNEL
Journalist. Founder & Editor-in-Chief, @KernelMag. Advisor t |
Companies change. Products evolve. Approaches get thrown out the window. The centrifugal force alone of that kind of rapid development is enough to throw anyone off center. Throughout my experience, one guiding rule on team building in fast-moving companies has emerged: hire people, not skills. ...
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Via: David Cancel
Entrepreneur. Chief Product Officer at @HubSpot. Previously |
There are a number of reasons why startups must carefully consider their leadership style: the right leadership style can help employees and stakeholders thrive on change; it can encourage an open and learning culture; and most of all, it can help you to retain your best people. ...
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Via: HackFwd Blog
We're experienced tech entrepreneurs looking to support and |
Most companies don't have a serious, repeatable interviewing process for hiring. Instead they wing it, bringing people in for interviews, asking a few questions, turning it into a fireside chat, and then hoping for the best. In my experience that's not good enough. At Standout Jobs (2007-2010) we hired some great people. I still consider them friends today, but more importantly they’ve all gon ...
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Via: Instigator Blog
VP Product @GoInstant. Partner @YearOneLabs. Ex-CEO/Founder |
Hiring your first employee is a huge step for your start-up—and a hugely important one. So how do you pick the right person to help take your company to the next level? ...
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Via: Daily Muse
Building @ReWorkJobs: Helping talented professionals find me |
One of the greatest assets an entrepreneur can have is an Advisory Board. And the best part is that it costs very little. The "right" Advisory Board members contribute invaluable guidance and advice and provide access to networks of industry, target audience and financing resources. ...
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Via: Bostinnovation
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When most organizations design new work processes, they assume that team members will make the best possible use of them to improve team performance. That is, they assume that team members will act rationally. In most cases, this assumption is wrong. ...
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Francesca Gino is an Associate Professor in the Negotiation, |
Behaviors travel across the organization through copying and imitation. And when business leaders change the way they work and communicate, it'll hopefully spread like an epidemic and everyone else will eventually follow. Then, we can have a more meaningful "humanize the brand" conversation. ...
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Via: Edelman Digital
SVP, Social Business Planning @edelmandigital. Hustler. Lake |
I have nothing against hiring for the right reason--when it is clear that doing so will advance critical path quicker and/or with higher probability. When that's clear I've extolled (and am practicing) inbound hiring; when it isn't clear I think the right answer is not hiring until it is clear. ...
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Via: Gabriel Weinberg
Founder, DuckDuckGo. Angel investor. Family guy. |
People who have not started a company often do not realize how hard and painful the very early, raw days, of a startup can be. This has lead to one of the fallacies I frequently hear - early employees "take on as much risk and work just as hard as a company's founders, but don't get the same rewards". ...
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Via: Eladgil
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Strong corporate culture starts from the top with the co-founders. If the co-founders don’t emphasize corporate culture it'll take on a life of its own, even more so than it already does. As the company grows, middle management will drive corporate culture if it isn't pushed from the top, and the outcome can be fine ...
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Via: David Cummings
10-20 tweets per week. Tech entrepreneur who enjoys family, |
I've been developing software since age 12. Building great product teams has become second nature to me. So when a friend of mine yesterday at Facebook and another friend last week at Salesforce asked me how I put teams together, I had to think hard about the answer. ...
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Via: vcdave
Investor, operator, and entrepreneur |
Sean Ellis had an interesting model as an outsourced VP, Marketing. He would join full time but be focused on the initial phases. Once a product was launched and an initial user base built, he would hire his replacement and move on. I like that for core areas like product and marketing. ...
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Via: Mark MacLeod
Seed investor for SaaS, e-commerce and other awesome startup |
I was recently thinking about what would a minimal, initial team for a software startup comprise of. Imagine you have a brilliant idea for a startup and you have some funds to hire an initial team. But like most smart entrepreneurs, you want to hire a minimal team first and only expand late Possibly related posts (automagically generated):Beautiful Design by JayAppointment Reminde ...
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Via: Paras Chopra
Startups and Online Marketing enthusiast |
How many times have you heard this from a potential recruit or student looking for a job at a startup? It's scary that people think that will work or that that's an actual job. The other one I hear a lot is "I want to do strategic partnerships" or "I want to manage projects". ...
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Via: Nat Turner
Co-founder of Flatiron Health. Previously Co-Founder/CEO of |
Every company should have a Board Of Directors. At the start it can simply be a one person board consisting of the founder. But it should not stay that way for long. Because if you are your own board, you won't get any of the benefits that come with having a board. ...
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Via: AVC
I am a VC |
Recently I started reading the book Inside Apple by Adam Lashinsky in attempt to find new ideas about how to run a great company... My favorite idea is the weekly project review instituted by Steve Jobs. Here's how the Apple executive team weekly project review works: ...
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Via: David Cummings
10-20 tweets per week. Tech entrepreneur who enjoys family, |
Being a great product leader is hard. Every organization and process is different, and in many cases your are responsible for the outcome without having the authority to enforce decisions. My recent blog post on Being a Great Product Leader was an attempt to capture the specifics of how to lead a great, cross-functional software team ...
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Via: Psychohistory
Inevitably optimistic |
Is there much disagreement in your company? I'm not talking about where to head for lunch – I mean real, passionate, fundamental disagreement on product, marketing, operations, etc. I hope so. Even more so the earlier you are in your business. Running it is a messy business. ...
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Via: Seth Levine
a little geeky. a little funny. a lot opinionated. saving |
I am surprised by how flippantly some people chose a co-founder. The two biggest reasons startups fail are running out of money and founder conflicts. This post suggests some criteria for choosing a co-founder. ...
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Via: Eladgil
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I have the benefit of seeing lots of startups pitch their teams and watching many seed-funded companies establish their early org structures. I've found that there are certain types of orgs and titles that I have a naturally visceral reaction towards. For example: - Having any more "C's" than the CEO and CTO. ...
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Via: Robgo.org
Cofounder of NextView Ventures. Founding advisor at Boundle |
Your startup finally has the financial resources to expand the team. That's both awesome, and dangerous. So here is one more filter for you to think about as you evaluate each candidate: Is your company "pre" product-market fit, or "post"? (I'm not talking about your pitch to VCs but your own honest assessment) ...
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Via: Giff Constable
MD at Neo in New York; maker, designer, entrepreneur, and ag |
I love working with people who have strong opinions and are willing to fight for them. I don't have to be right, but I do have to be convinced. I like working with people who have better ideas than mine, and can show me why. ...
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Via: Sachin
Please follow @agarwal. |
The Crucible of Leadership - Work is difficulty and drama, a high-stakes game in which our identity, our self-esteem, and our ability to provide are mixed inside us in volatile, sometimes explosive ways... Work is where we can make ourselves; work is where we can break ourselves. David Whyte, Crossing The Unknown Sea: Work as a Pilgrimage of Identity. ...
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Via: AVC
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WooThemes has become a Mothership. A team of almost 20, more than 150 000 users and revenues / profits that most business owners would approve of. This is fantastic of course until the engine breaks, because I'm not necessarily able to fix the engine and neither are my co-founders. ...
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Via: Adii
Entrepreneur, co-founder of WooThemes and general creator of |
So you start your business, and you get it going, and growing. If you have employees, it's likely you’re going to have to deal with firing somebody. Here are my some of my thoughts (based on actual experience; not theoretical) on that subject. Having to fire somebody who's been trying hard and failing... ...
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Via: Tim Berry
Founder and chairman of Palo Alto Software; entrepreneur, bu |
Very few company founders start out with management experience, so they tend to make it up as they go along. Sometimes they try to reinvent management from first principles. More often than not, they manage their startups the way that they've seen management work on TV and in movies. I'll bet more entrepreneurs model their behavior on Captain Picard from Star Trek than any nonfiction human. ...
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Via: AVC
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Best Friends, Buddies, and Co-Workers - Since there is no way I am going to be more insightful than Matt or JLM about management process, I am going to go through three early stages of company growth and describe some of the management challenges I’ve faced at each. ...
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Via: AVC
I am a VC |
There are lots of different “secrets” for startups success There’s the lean approach, minimal viable products (MVP), bootstrapping, crowdsourcing, strategic seed capital, etc. But in working closely with startups, here’s a key ingredient few people talk about: lunch. Yup, lunch. Think about it. Lunch is not just about nutritional intake, it’s about community and colle ...
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Via: Mark Evans Tech
Startup marketer, conference organizer, hockey player, dad, |
Congratulations, you have built a prototype. Got it to work. Debugged it. Even sold a few copies. Have some real customers. Now you are ready to scale up and make some real money. You have crossed that Rubicon from having an idea to having a product and customers. Now you have to build an organization, a real company, to manage the entire process. Or your fledging little company has ...
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Via: AVC
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The following is a guest post from John Greathouse. John is an entrepreneur and investor. He currently blogs at Infochachkie where he provides practical startup advice. You may not realize it, but your adVenture's Core Team, the senior executives who make the key decisions which drive the company's strategic direction, is akin to a primitive tribe. Primitive tribes an ...
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Via: On Startups
Entrepreneur. Founder/CTO @HubSpot inbound marketing and st |
One of the major challenges that we’ve gone through in the last year is figuring out how to stay highly productive as our team grew from 5 to 12 people. While we’re still early on in this process, I thought I’d share some of the lessons that we’ve learned so far.Communication between 12 people is very different from what it was between 6 people, which is really differe ...
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Via: Savage Thoughts
Co-founder and CEO of @wistia. My obsessions include: market |
Have you heard this? It’s not mine, I think it's sort of common knowledge: If the decisions were made by consensus, every wall would be painted beige. As my business grew up from entrepreneurial to stable, we had to redo our decision process. Early on, we sat around, a few of us, discussed and decided. [...] ...
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Via: Tim Berry
Founder and chairman of Palo Alto Software; entrepreneur, bu |
Talent in Companies There used to be a long-term economic and psychological pact between employee and employer that guaranteed lifetime employment in exchange for lifelong loyalty; this pact has been replaced by a performance-based, short-term contract that’s perpetually up for … Continue reading → ...
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Via: Ben Casnocha
Entrepreneur & Author |
This is the third and final post on the subject of the management team. The final phase of company development I am going to cover is "building the business." Building the business largely means building the management team. They are... ...
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Via: AVC
I am a VC |
I recently received an email asking some advice about co-founders, specifically about whether a 50/50 ownership split makes sense for a startup. This is certainly a topic which has had heated discussion many times previously. So why would I choose to add even more noise to this debate? Well, in the past few years I’ve had experiences of failed co-founder partnerships and with my latest s ...
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Via: joel.is
Founder of @bufferapp, a smarter way to share. Focused on th |
So you've built and launched your product. It is well received. You've acheived "product market fit" and it is time to get more users or customers. You've graduated from the "building product" stage and have entered the "building usage" phase.... ...
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Via: AVC
I am a VC |
Success is a beautiful thing. We all want it, because it’s the undisputed champion in measuring our professional selves. We know it’s hard to get, and that’s what makes it all the more satisfying. We cherish it, because we know what it’s like to fail (because we all do). So, when it happens, there’s the part of us that wants to strut around like a peacock. I did i ...
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Via: TerryStarbucker
Writer, Husband, Friend, Entrepreneur. I write about (and h |
The first stage of a startup, what I call the Building Product stage is management light. The team should be small. We have portfolio companies like del.icio.us and duck duck go where the Building Product stage was accomplished by one... ...
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Via: AVC
I am a VC |
“The days of leading countries or companies via a one-way conversation are over. The old system of ‘command and control’ — using carrots and sticks — to exert power over people is fast being replaced by ‘connect and collaborate’ — to generate power through people.†- Dov Seidman When I became an executive for the first time back in ...
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Via: TerryStarbucker
Writer, Husband, Friend, Entrepreneur. I write about (and h |
Individuals play the game, but teams beat the odds SEAL Team saying Over the last 40 years Technology investors have learned that the success of startups are not just about the technology but “it’s about the team.†We spent a year screwing it up in our Lean LaunchPad classes until we figured out it was [...] ...
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Via: Steve Blank
Customer Development & Secret History, Teaching at Stanford, |