I love smart peoples “rules” for how they run certain aspects of their lives. Here’s Mark Cuban’s rules for entrepreneurs:
1. Don’t start a company unless its an obsession and something you love.
2. If you have an exit strategy, its not an obsession.
3. Hire people who you think will love working there.
4. Sales Cures All. Know […]
I just came across this set of rules that I downloaded from the kimble.org site… which is for unknown reasons, defunct now. Kimble was a cool dude, a hacker, and a king of lifestyle porn. Rumor is he’s back in Jail or something, if anyone knows, please tell me whats up with him?
Anyway, these rules are still […]
Here are 10 common mistakes made by web entrepreneurs… not me of course…
1) People are Lazy - Don’t assume people will have an interest in your product like you do. They won’t. They’ll look at it for 5 seconds.
2) Being Too scattered - Well said. How many mash-ups do you regularly check in? Do one thing, do it as […]
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Writing A
Business Plan
We like business plans that present a lot of information in as few words as possible. The following format, within 15-20 slides, is all that’s needed:
Company Purpose
Define the company/business in a single declarative sentence.
Problem
Describe the pain of the customer (or the customer’s customer).
Outline how the customer addresses the issue today.
Solution
Demonstrate your company’s value […]
http://sequoiacap.com/ideas/
Elements of Sustainable Companies
Start-ups with these characteristics often foretells the success of a business and the likelihood of it becoming a sustainable, enduring company. We like to partner with companies that have:
Clarity of Purpose
Summarize the company’s business on the back of a business card.
Large Markets
Address existing markets poised for rapid growth or change. A market […]
You may have heard of it on Oprah, she calls it “The Secret” and has promoted a book to that title. The secret is based on The “Laws of Attraction” and basically says that, as I’ve always put it, “You create your own reality”.
Here are some cliff notes on what The Law of Attraction is all […]
There are consistent patterns among millionaires. These five strategies may be worth emulating.
1. Avoid the Earn-to-Spend Mentality
To increase wealth, it’s essential to emulate millionaires who view money as something to save and invest, rather than income to spend. Many wealthy people live quite simply, choosing less pretentious homes than they could theoretically afford and opting for […]