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Startup Grind Archives - Startup Dad
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3 Reasons Why Entrepreneurs Need to Test Their Limits. We must routinely test our mental toughness. Our physical endurance and our ability to perform under pressure. –. Yes, but we have no control over many factors that can cause our company to spin wildly out of control and create challenges. It’s all about being prepared to handle whatever comes our way. We should test our limits in controlled environments –. Gather data on our own performance –. July 11, 2016. 4 Things We Don’t See Prior to Success.
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Lessons From My Brother - Startup Dad
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Lessons From My Brother. We buried my brother last week. We tend to become reflective when things like this happen and, among other things, I’ve been thinking about my fellow entrepreneurs. My brother John was a husband, father of four, family man, veteran and a Christian. It was only two weeks from his diagnosis to his passing. The cancer started in his lungs and moved rapidly to other parts of his body. As I reflect on his life and passing, several thoughts come to mind for entrepreneurs:. June 15, 2015.
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Entrepreneurship vs Major League Baseball - Startup Dad
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Entrepreneurship vs Major League Baseball. Working with first or second time startup founders, I’ve begun to compare their definition of success to hitting a baseball in the major leagues. What if you failed 7 of 10 times you tried something? In baseball, only the best hitters in the game get a hit 1 out of 3 times at bat. In addition, if you hit the ball only 1 out of 4 times at bat, play great defense, make clutch plays, and have a long career, you can still make the Hall of fame. April 14, 2015. 2 Key...
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Failure Archives - Startup Dad
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3 Keys to Independence for Young Entrepreneurs. As we celebrate our country’s. Independence, I can’t help but consider the challenges faced by independent, young entrepreneurs. I have quipped that we raise our kids to be independent and then we don’t like it when they make their own decisions . This is never more true than with energetic, driven young entrepreneurs. Some of the pitfalls of being independent and being a young entrepreneur with a natural sense of invincibility are as follows:. This can rea...
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General Business Archives - Startup Dad
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Raquo; General Business. The Gorilla in Your Market. This is that 800 lb gorilla in your market. You think you have a better product and can adapt more rapidly than he can. You just need a small piece of his territory and the food that goes with it. You think he won’t even notice for a while and, when he does, he’ll want to buy you out for big bucks and make you a young millionaire. He could partner with you Keep your friends close and your enemies closer. He could buy you out This could be good or bad.
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Inspiration Archives - Startup Dad
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3 Reasons Why Entrepreneurs Need to Test Their Limits. We must routinely test our mental toughness. Our physical endurance and our ability to perform under pressure. –. Yes, but we have no control over many factors that can cause our company to spin wildly out of control and create challenges. It’s all about being prepared to handle whatever comes our way. We should test our limits in controlled environments –. Gather data on our own performance –. July 11, 2016. HAPPY FATHER’S DAY DAD! For all you young...
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The Gorilla in Your Market - Startup Dad
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The Gorilla in Your Market. This is that 800 lb gorilla in your market. You think you have a better product and can adapt more rapidly than he can. You just need a small piece of his territory and the food that goes with it. You think he won’t even notice for a while and, when he does, he’ll want to buy you out for big bucks and make you a young millionaire. If you aren’t a threat at the moment, he may leave you alone. If he believes you are a threat, here are the some of the possible outcomes. He sends ...
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Entrepreneurship: Shoot for the Moon - Startup Dad
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Entrepreneurship: Shoot for the Moon. This picture hangs in my home office. It reminds me every day that when there is commitment to a clear vision and a strong team to execute the mission, nothing is impossible. I watched the moon landing. No rocket had ever reached deep space and the technology to do so was unproven. No human had ever been launched into space, orbited the earth, or performed a space walk. The effect of space on humans was unknown. The internet was in early development. 8211; DREAM BIG,...
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Failure Archives - Startup Dad
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Raquo; Tag: Failure. Space Exploration and High Tech Startups. First, cutting edge technology is inherently risky. Opportunities for failure abound. Many times we make design decisions with the best information available but it is still not enough to make us comfortable or confident about the result. I was at the Kennedy Space Center the morning that Challenger exploded killing seven astronauts. It was the result of an inherently risky endeavor thrown catastrophically out of balance by the pressure t...
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The Startup Grind - Startup Dad
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It has been quite a journey so far for our young entrepreneur. He still feels “lucky” to have the opportunity to pursue his passion at such a young age, but some of the realities of the startup life (listed below) have certainly challenged him. We call it the startup grind for a reason. Incremental pace of new product developments. Working alone most of the time. Lack of young entrepreneurial peers in the area. Friends have gone to college in cities hours away. He is in the startup grind. Lead him, I pra...
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