Entrepreneurship Well, that was unexpected! #LebanonProtest

Well, that was unexpected! #LebanonProtest

I have been fortunate to travel to some amazing places in my life. I never take it for granted. I grew up in a small town and didn’t get on a plane until I was 20. (Edited to correct the hashtag) What I love about working with founders is that the defy amazing odds and …

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Entrepreneurship Startup meet Angels (Seattle) – Process and Rubric

Startup meet Angels (Seattle) – Process and Rubric

How do we evaluate teams for Seattle’s Startups meet Angels meetup (aka Angels, Pitches and Beer)? Pitches Bring your pitch deck and plan on a 5 minute pitch with 5-10 minutes of Q&A from the Angels. Your pitch will not be public, but in a conference room with qualified investors only. Selection Process: 6+ Teams are …

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#startuplife Review of 2017 and 2018 Goals

Review of 2017 and 2018 Goals

I’ve never been great about New Year’s Resolutions – but I’m a fan of goals. Goals can be a challenge because we set unrealistic goals at this time of year and miss them early. So while we feel defeated, we end up giving up on the bigger picture, the reason for the goal in the …

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Entrepreneurship MVP Series 4: Contracts, Monitoring Progress

MVP Series 4: Contracts, Monitoring Progress

I posted about establishing your Milestones and Sprints in the last section. At this point, you should have a pretty good idea of the scope of the project. For example, is it 4-two week sprints for a total of eight weeks? If you have one developer declare that they can whip it out in a …

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Entrepreneurship Stop with the “Sustainable Competitive Advantage” Question

Stop with the “Sustainable Competitive Advantage” Question

Some new investors – or those who aren’t experienced in launching and growing a technology or software business – will ask a Startup Founder, “What is your Sustainable Competitive Advantage?” <Thanks for the reminder of the question from a current #TSSeattle Team.> That question makes you look smart<not>. It reminds me of a college philosophy class …

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Customer Development MVP Series 3: Ready, Pick a Vendor

MVP Series 3: Ready, Pick a Vendor

After fiddling with wireframes, you’ve done your customer development. using the PowerPoint demo. People like your idea – CHECK!  You can go past GO! But you don’t get to collect $200, yet. You have more work to do. You’ve drafted the specification. Pages, bullets, and versions are numbered. You’ve ruthlessly moved future features into that section …

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Customer Development Focus on the Here and Now

Focus on the Here and Now

Getting your startup off the ground is going to require you to nail down a ton of tasks – on a short deadline. As the Founder (new CEO?) some of the tasks are in your sweet spot, and some will require you to learn new skills. You will need to launch the right MVP product, …

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Entrepreneurship Startup Competitive Market Analysis

Startup Competitive Market Analysis

Every startup founder needs to learn how to do a competitive market research analysis. So where do you start? There is nothing worse than pitching your idea to an investor and having them say something like, “Oh, you’re just like X Company that was just funded.” That might be when you have an “eyes wide …

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Entrepreneurship How to Split Startup Co-Founder Equity

How to Split Startup Co-Founder Equity

This post was originally named: Awkward Co-Founder Discussions, I changed the title to make it easier to find from the main site. How should co-founders split equity in a startup? What should you discuss before formation of the company? This post outlines the discussions that you need to have, including a framework for those discussions. …

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