Monthly Archives: March 2011

10 Entrepreneurship Rules You Must Know!

If there is one person out there who knows the rules of engagement for a new start up, it’s Reid Hoffman. He’s the co-founder of LinkedIn – the original business social media site that has become a part of our daily digital lives; which, incidentally, has also recently filed to go public. In addition, Reid is a partner at Greylock so he’s intimately familiar with both the entrepreneurial and venture rules of success. Recently, I was able to hear Reid speak to his rules for building companies and thought it would be great information to share: Read the rest of this entry

Silicon Valley – Respect!

The hype around “Silicon Valley – no longer the place to be!” seems to be everywhere in some form or another nowadays.  Whether it’s in the news or some high profile former valley exec (who, by the way, probably loved the valley at some point because it helped them get mega-rich!), they are all touting the challenges associated with doing business not only in the valley but California too – and, in some cases, doing business in the USA in general!  Fair argument… let’s see if we can break this down… Read the rest of this entry

I was here FIRST!

In business, never underestimate the value of true first mover advantage.  True first mover advantage reflects not the first actual mover, but the first mover to garner significant market share.  In fact, the gains can be tremendous – become recognized as the leader in the space (whereas everyone else becomes the “me too”), get customers (and revenue) before any competitor can arrive on the scene, and reap great profits and possibly gain monopoly-like status.  An entrepreneur’s (and the VC who backed the company) dream come true! Read the rest of this entry

Gone in 60 Seconds!

No, we’re not talking about that awesome movie with Nicholas Cage… we’re talking about someone bailing on you when you ramble on about your idea!

It’s all about the ‘art of the pitch’.  When you have an idea that you want to share, it’s important to understand that your ability to sell the idea, in the beginning, is potentially more valuable, than the idea itself. Read the rest of this entry

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