Blog Archives
Management (65)
Wednesday, March 4, 2009
...The definition of a startup means you have very few resources to employ and little time to get them to do something valuable.
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Wednesday, February 4, 2009
...When it comes to a startup, the luxuries shared with established companies are few and far between.
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Thursday, August 7, 2008
...Take a look around your office right now and ask yourself – is everyone happy?
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Wednesday, June 25, 2008
...No matter how well your startup company does, sooner or later you're going to be faced with the fact that someone has to go.
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Wednesday, May 21, 2008
...Wil has written a new article in Forbes that explains how to lower your legal bills when starting a new company.
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Thursday, May 1, 2008
...In this episode, Wil discusses with Jim of MyPersonalBrilliance.com his formula to create an innovate company. Wil also explains how questioning your
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Wednesday, April 30, 2008
...Hello there young entrepreneur, I’m your investor. Remember me?
I’m the guy that sat in front of your heartfelt and emotional presentation to raise
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Tuesday, April 29, 2008
...Wil Schroter discusses with Jim Canterucci of MyPersonalBrilliance.com his definition of success and the difficulties of evaluating the market for
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Monday, April 7, 2008
... Sooner or later, no matter how sweet your new startup company is, someone is going to hand in their resignation. It could be the gal you’ve been working with since the day you founded the company, or the person you hired last week.
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Tuesday, March 11, 2008
...I’m not proud to admit it, but I’ve made some dumb business purchases during my career and now I’m ready to come clean.
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Wednesday, March 5, 2008
...In the movie Liar Liar, Jim Carrey plays attorney Fletcher Reede, who’s been cursed with the inability to lie. Every attempt Fletcher makes to lie results in him blurting out the God’s honest truth instead.
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Tuesday, March 4, 2008
...A question many have tried to answer through a series of books. A question that many have assumed to which they know the answer.
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Tuesday, February 19, 2008
...There is a great book authored by a friend of mine, Keith Ferrazzi, called “Never Eat Alone”. In it, he talks about the power of relationships to get where you want in life. He also talks about the power of gratitude.
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Wednesday, February 6, 2008
...Leading a startup company is nothing like leading a big, established company. Startups are focused foremost on survival, while big companies direct
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Wednesday, January 23, 2008
... Most people start their new business or company for themselves. This is fine, our free-market economy is structured so that self-interest rewards
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Wednesday, January 16, 2008
...Recently I was asked to define the one thing that’s most important to a business. My answer is two words: competitive advantage.
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Monday, January 14, 2008
...Entrepreneurs are probably the most motivated people on earth. I don’t know if there is any other job description that requires more passion, energy,
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Monday, December 17, 2007
...There’s a lot of advice out there that goes against the grain when it comes to what you’re good at. Most people will tell you
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Wednesday, December 12, 2007
...Thomas Edison’s famous quote, “Genius is 1% inspiration, and 99% perspiration” is the embodiment of a startup. There is often a lot said about the
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Tuesday, December 11, 2007
...While starting a company is hard, starting a company when you’re married with children is even more difficult. After having started and run five
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Monday, December 10, 2007
...Back in my high school days, I did a lot of sales work at Verizon, Sprint, Sears, Radioshack, Target, and my own service-driven startups. I’ve held th
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Wednesday, December 5, 2007
...Customers are obviously the only reason your business exists, or will exist, or will continue to exist. I mentioned before in What’s In It for Them
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Monday, November 19, 2007
...In less than 2 years from its launch, YouTube sold for $1.65 billion to Google. You hear startup stories like that and you start to ask yourself
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Thursday, November 15, 2007
...Hiring startup staff is always tough because you rarely have the cash to pay salaries. Instead, you beg, borrow and beg some more for people, t
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Wednesday, October 31, 2007
...Recently I had one of those moments that was so bad, it made me physically ill. In fact, it was such a problem that I couldn’t even write about it...
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Wednesday, October 31, 2007
...In Vegas, if you keep on winning, you can keep on playing all night. But if you lose it all just once, you’re done for good. The only way to ever get ahead in the long term, is to take some money off the table when you’re lucky enough to have it.
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Thursday, October 18, 2007
...Becoming successful is a stressful process.
Aside from the trials and tribulations of building a company we often create an entirely separate bucke
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Tuesday, September 18, 2007
...This is the second part of Free Labor Ain't Free at All (Part One of Two) So now you have a whole bunch of people willing to work for free, but how do
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Thursday, September 13, 2007
...We get a lot of requests at Go BIG by companies looking for interns, college students, and part-time work-for-equity types. It's the golden reso
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Tuesday, September 11, 2007
...A lot of what I talk about is facing the challenges of building a company. We tend to think of stuff like raising capital, bringing a product to
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Thursday, August 30, 2007
...Tell me if this sounds familiar to you: You're walking into the office and you notice there's a management meeting taking place that you're not a part
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Thursday, August 23, 2007
...We all know the perfect scenario for doing a startup looks like this: 1. I'll keep my current job (income). Instead of sacrificing my lif
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Monday, August 13, 2007
...At Go BIG, we work out of a startup company incubator with about 40 other companies. It's kinda like a big dorm room for startups, with every of
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Tuesday, July 31, 2007
...I was having lunch with a good fiend of mine who was talking about acquiring a new startup company. When I asked him if there was any overlap in duty
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Tuesday, July 3, 2007
...Last week I was talking to an incredibly talented developer from a local startup company about coming over to Go BIG. He told me that he liked his exi
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Wednesday, June 27, 2007
...As entrepreneurs, many of us one day dream of trading all of our hard work for a big fat paycheck from an acquiring company. It's the stuff headlines
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Monday, June 18, 2007
...Many entrepreneurs go from "working for the man" to "being the man" with the start of a new company. What gets lost in translation is what you c
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Wednesday, June 13, 2007
...If even remotely qualify as being a young person, go start a company. This is the one time in your life where you can bet the farm without worrying ab
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Tuesday, June 5, 2007
...For the past 14 years I've played the role of "evil startup boss." I'm considered "evil" not because I'm literally doing something bad but becau
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Wednesday, May 30, 2007
...Staying focused on the big picture of your corporate vision is difficult when you’re mired in the details of the day-to-day operations. Yet staying fo
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Wednesday, May 16, 2007
... Sometimes the most brilliant thing an entrepreneur can do is pack his stuff and go home. There’s a time to go big, and then there’s a time to go home
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Wednesday, April 18, 2007
... In the movie Blade Runner, there were a species of sub-humans called Replicants that despite their human appearance and actions were just robots. In
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Friday, March 16, 2007
...A few days ago I was having a whiskey with Phil Kaplan, the Founder of AdBrite and the famed Web site, F*ckedcompany.com. As another serial entr
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Wednesday, March 7, 2007
... The hiring of a Seasoned Manager is a tried and true tradition among young companies. At some point we feel like the knuckleheads that started the co
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Wednesday, February 28, 2007
...Not all business strategies apply to all companies, especially when it comes to startups. The worst advice often comes from "Seasoned Executives" that
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Thursday, February 22, 2007
...I was reading an article from Fortune Small Business entitled "Can Entrepreneurship Be Taught?" and started thinking about both sides of the question.
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Thursday, February 15, 2007
...Of all your greatest accomplishments, how many of them were the result of a half-assed attempt to accomplish something? My count is exactly zero, desp
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Tuesday, February 13, 2007
...Attrition is standard fare for startup companies. The problem isn't so much losing people - you're going to lose them - it's how to detect and m
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Monday, February 12, 2007
...I've had the good fortune to sit on quite a few Advisory Boards for all types of companies.
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Tuesday, February 6, 2007
...It's entirely possible that you will be overwhelmed with work this week, put in 80 hours, and still get nothing meaningful accomplished.
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Friday, January 5, 2007
Imagine for a moment that you’re on a lifeboat desperately rowing your way to shore. You’re not alone, though, you’ve got a handful of people that you trust helping you row like crazy to save yourselves. If everyone works together and wor
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Friday, January 5, 2007
Entrepreneurs often ask themselves when the right time to start a company might be. They hang around waiting for the stars to align, for their moment of inspiration to hit, and for their career to prepare them for something big.
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Friday, January 5, 2007
If you’re like 99% of the entrepreneurs in the world that have never started a company before, then there is one trait you inevitably share – you have no idea what you’re doing.
And that’s just fine, because despite how much we
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Friday, January 5, 2007
In the early days of the Wild, Wild West, a cowboy had to use his wits to survive in a brave new world. What worked in a civilized world -- negotiation, planning, and diplomacy -- were better settled with a six shooter and a 12 gauge in t
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Friday, January 5, 2007
In times of a sales crisis, companies turn to all sorts of activities to keep the ship moving forward and above water. They cut expenses, they lay off staff, and they look for more efficient ways to stretch their dollar. It’s the equivale
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Friday, January 5, 2007
When is the best time to recruit employees, find capital, and go after brand new customers?
When you don’t need any of them.
A fast growth company becomes a fast growth company by smart preparation. Though there can
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Friday, January 5, 2007
Alright fellow entrepreneurs, it’s time for some tough love. I know you’ve mortgaged the house to make payroll. I know you’ve quit your high-paying executive job to work for nothing. And I know it’s taken far longer for this big idea of y
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Friday, January 5, 2007
Although startup companies tend to be small, they all share one unique advantage over their larger competitors - they are naturally agile. Small companies have the ability to make management decisions quickly and rally their entire team t
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Friday, January 5, 2007
Some entrepreneurs like to gloat about their successes. Me, I like to brag about how often I’ve been rejected. And with the number of times people have shut me down, I have a lot to talk about.
Unfortunately many entrepreneurs don’t sh
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Friday, January 5, 2007
If you’re one of the few entrepreneurs that have the opportunity to sell your business today and are contemplating whether our not you should, I have only one piece of advice for you – take the money and run!
For every one entr
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Friday, January 5, 2007
The definition of a startup means you have very few resources to employ and little time to get them to do something valuable. The clock is always ticking, and the money (if you even have any) is running out by the day. With so little to leverage, you
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Friday, January 5, 2007
When it comes to a startup, the luxuries shared with established companies are few and far between. Chief among them is the luxury to close at the end of the day. Big companies have the benefits of capital, customers and receivables. Star
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Friday, January 5, 2007
People read fantastic stories of companies like Google and label them overnight successes because they seem to have quickly grown so huge from nothing. While the rapid success of these companies is awe-inspiring, most of these “overnight
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Friday, January 5, 2007
Take a moment to look around the room at all of the great talent you’ve assembled for your new startup company. You’ve had the long conversations over a few (ok, more than a few) beers where you’ve talked about how big and great your comp
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Monday, December 18, 2006
We know that people can learn how to become better accountants, better salespeople, and better programmers. But why can’t we teach people to become more motivated? I had this discussion with a fellow entrepreneur as we tried to understand why the peo
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