Here’s a handy list of things not to tell potential investors:
We have no competition
Our projections are conservative
We’re going to sign a contract with (insert Fortune 500 company here)Â this week.
Our competitors can’t move fast enough or they are too big to move fast enough
Key employees will come on when the money is in place
We have first [...]
Here’s a great thought from Guy Kawasaki…Â
Anticipate a need and invent a market—forget gap analysis. You must look beyond the gaps to where that puck is headed. Getting trapped by gap analysis won’t get you there. The gap in the market right now isn’t going to be a business opportunity in 18 months, if the [...]
Hire the right people for the job and then trust them to make the right decisions.Â
I was fascinated by blogging when I first discover it years ago. However, it took a long time to launch my own blog. I was afraid that I would expose too much about myself to the world. I especially did not want to reveal any information that a competitor or potential client could use against me.Â
Here’s an example. [...]
“Man cannot discover new oceans unless he has the courage to lose sight of the shore.”
-Andre Gide
Don’t fire an employee unless you’re sure that the person is either damaging the company or clearly is not able to positively contribute to the effort to build the company. More often than not, firing people sends the wrong message.
-Source Unknown
