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What Does It Mean to Get a Good Opportunity?

On August 24, 2016, Posted by , In Startup Ideas,Startup Timing, With Comments Off on What Does It Mean to Get a Good Opportunity?

The Roman philosopher Seneca said, “Luck is what happens when preparation meets opportunity.” It’s another way of saying we make our own luck. What surprises me is how many people prepare and prepare and prepare….and wait and wait…for the “right” opportunity. They wouldn’t recognize a good opportunity if it slapped…

Don’t Starting a Business, Buy a Business

On April 20, 2016, Posted by , In Startup Economics,Startup Strategy,Startup Timing, By , With Comments Off on Don’t Starting a Business, Buy a Business

Why would you start a business when you could buy one, or at least many of the core components you will need, at a lower cost than starting from scratch? You wouldn’t, but most entrepreneurs still do. If at all possible, you shouldn’t start a business from scratch…you should buy…

Starting a Business Anyway – Paradoxical Commandments of Startups

On April 6, 2016, Posted by , In Startup Ideas,Startup Timing, By , With Comments Off on Starting a Business Anyway – Paradoxical Commandments of Startups

There are always more reasons not to start a business than to start one. Start a business anyway. ————————————– Your co-founders will not be perfect and will give you pause to believe in them. Believe in your co-founders anyway. ————————————— People will say your idea will never work. Make your…

Are You Ready to Take the Red Pill? (Self-Employment)

On February 22, 2016, Posted by , In Startup Timing, By , With Comments Off on Are You Ready to Take the Red Pill? (Self-Employment)

“You take the blue pill, the story ends. You wake up in your bed and believe whatever you want to believe. You take the red pill, you stay in Wonderland, and I show you how deep the rabbit hole goes.” – Morpheus (to Neo), The Matrix Fans of the movie The…

Will Your Company (or your job) Be Around in 10 Years?

On November 3, 2015, Posted by , In Startup Timing, By , With Comments Off on Will Your Company (or your job) Be Around in 10 Years?

Some experts predict that 40% of the companies on the Fortune 500 won’t exist in 10 years. In one lifetime, 88% of the companies on the original Fortune 500 list are gone. Experts say the extinction rate is accelerating dramatically. In their report, “The burdens of the past: Report 4…

Strategies and Resources for Starting a Business Later In Life

On October 27, 2015, Posted by , In Startup Timing, By , With Comments Off on Strategies and Resources for Starting a Business Later In Life

In my last post I argued that the answer to ageism is entrepreneurship. When you find yourself out of work later in life, you will need to create your own job. Note that I said “when” and not “if,” because it is inevitable for 80% of the working population. The…

Ageism In The Age Of Entrepreneurship

On October 20, 2015, Posted by , In Startup Team,Startup Timing, By , , With Comments Off on Ageism In The Age Of Entrepreneurship

We live in a throwaway society and it is a sad fact that the first to be tossed in the pursuit of profit are people. And the most disposable people of all are workers over the age of 50. Unemployment figures show that workers over the age of 50 are…

The Five Star Startup Finale: Timing and Alignment

On August 29, 2015, Posted by , In Startup Timing, With Comments Off on The Five Star Startup Finale: Timing and Alignment

This is the last article in the series….I promise! If you were gracious enough to follow along, we covered the five dimensions most startups are evaluated on by investors: Product | Market | Team | Strategy | Economics To wrap it up, I wanted to touch on Alignment and Timing…