How are tech-savvy people able to found billion dollar companies when they have little business experience?
Tl;dr: They are smarter than you and I You are assuming that being technical is linked to business proficiency and startup competency, as well as...
Read moreWhat is the most common reason for co-founders of start-ups to have a falling out?
Typically, it comes between ego and ambition. Let’s run through some reasons: Jealousy. There is one CEO. They get the lime light being quoted in...
Read moreWhy do 80% of businesses fail and is failing purely by bad luck, or can it be avoided?
Startup is hard. Whatever the stats, arguing about the small stuff is pointless. The main reasons startups fail are: Founder blow-ups Wrong founding team ->...
Read moreHow do you start a billion dollar company from scratch?
I can share some thoughts from 3. First rule of fight club is you have no ******* idea it will be a unicorn. Anyone who...
Read moreHow can I get seed funding without giving away the idea?
The pitch You: Hey give me $500k. VC: For what? You: I can’t tell you… VC: Sure, I’ve never heard of you, so of course!...
Read moreWhat happens to VCs and other investors when a startup fails and stops existing?
This happens a lot. It’s not a big deal. Generally: VCs forget you immediately Founders wonder WTF to do as they are likely broke Staff...
Read moreWhat do startup founders typically get wrong when starting a business?
One could write a hundred+ points, but really it comes down to the basics. It’s such a boring answer, but getting the basics right matters....
Read moreWhat is the best advice for first-time entrepreneurs?
If you want ONE piece of real advice, it’s this: Focus You’re going to ignore me and learn that lesson yourself the hard way though 😉...
Read moreWho becomes CEO among co founders?
Are you kidding me? It’s always obvious. No democracy should ever exist. The ‘nice version’ should be a benign dictatorship. It’s always easy to tell...
Read moreI have a billion dollar idea, where can I find co-founders I can trust and who will not steal my idea?
Your idea is probably crap. Sorry mate. If it’s not crap it’s likely not new. Unless you really are an industry expert and have a...
Read moreHow do I construct an investment contract for a sole proprietorship myself?
You hire a lawyer. That’s the end of the conversation. I’ve seen founders do too many dumb things to save money. When it comes to...
Read moreWho becomes Startup CEO among co founders?
When you start a startup, titles don’t matter. There’s probably 2/3 of you in a room getting a product up, doing some basic marketing and...
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