Change Is the Only Constant

Change Is the Only Constant

I’ve never read the original writings of Heraclitus, nor do I plan on doing so.  Nonetheless, I agree with his 2,500 year old statement that change is the only constant in life.  Had the venerable, Greek philosopher been around today, he might add that change is...
Cherry Picking

Cherry Picking

The bad news?  The 2018 cherry harvest here in Massachusetts is nearing its conclusion.  The good news?  If you work for a startup it’s always cherry picking time! I refer to Confirmation Bias, the tendency to look for, favor, interpret, and utilize information in a...
Canaries in the Startup Mine

Canaries in the Startup Mine

Occasionally, I am asked if there is an indicator of startup success, something that can be spotted early in a company’s existence.  My answer is simple: “Had I such a gauge of future corporate success I would be a very rich man.”  That remark satisfies most...
Part Time Entrepreneurs

Part Time Entrepreneurs

Part time Astronaut wanted; no experience necessary.  Ridiculous.  No one would entrust a complex, multi-million dollar program to a novice on an hourly schedule.  So, why do so many part time entrepreneurs (PTEs) approach investors with a similar pitch? PTEs are...
Like Venture Capitalists?

Like Venture Capitalists?

This is the fourth in a series of founder related blogs, all of which could be filed under the heading, Dumbfounded.  I have written previously about startup founders hoarding shares, overvaluing their companies, and filling key roles with non-entrepreneurial hires. ...
Equity and Shares

Equity and Shares

We use the terms, equity and shares without a second thought.  Their meanings are understood.  There’s no need to reach for a dictionary.  Or is there?  If you are a founder of a startup, one with multiple employees, I suggest you give these two words a closer look....
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