Non entrepreneurial hires are a bad bet. Before making such a wager, entrepreneurs should consider a proven, horse racing aphorism: Horses for courses. This saying describes how horses run best at a certain track or on a particular racing surface. Translated for...
Raising money, it’s what entrepreneurs do. How they go about it, that’s often a don’t. Take the oft-repeated example of Entrepreneur, “Ed.” Ed has a great idea and is convinced it will make him rich. When asked about his long-term goals, Ed outlines a...
The following article by Erin Griffith on Fortune.com is refreshingly candid. It cautions readers not to believe all that they might read online about startups. The available startup wisdom is larded with bad advice, incorrect statistics and wishful thinking....
I am often asked for my comments on the program, Shark Tank. These queries are so frequent, in fact, that I have dedicated time this month to blog about this broadcasting phenomenon. This is the second of those blogs: Sharks Feast on Public Relations. The two...
The linked article from Investigate.com is about Basic Outfitters, a successful New York City based startup that sells men’s underwear and related accessories. Specifically, it’s a follow-up on the founders appearance on the television program, Shark Tank...
Milo Sensors’ new product, Proof, is a fitbit-like device that will alert its users when it detects they are drunk or, more accurately, when they have exceeded a particular blood alcohol limit. (See link below.) It sounds like a great device; its market...