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Breaking news: The US is still the best place for startups to fundraise. In other shocking news: Grass is green. Water is wet. And wood comes from trees. After all… In the world of startup…
What is the number one reason Product-Market Fit (PMF) work gets deprioritised? Because of the pressures to grow. In a growth role at a startup, you feel a lot of pressure to grow and to perform…
As you may have noticed, 2023 wasn’t a great year for raising venture capital. Startup funding was at its lowest levels in five years. More importantly, most experts expect 2024 is going to be even…
The #1 fail factor plaguing startups today has nothing to do with sales. 99.9% of business gurus today are omitting the most crucial factor in your startup's success - and it's causing massive failure.
I suppose I don’t know for sure my startup was worth $10 million. It’s not like someone wrote a $10 million check and handed it to me in exchange for my company. However, at the time of the story I’m…
During the Christmas break, I discovered our newsletter, The Automated, was in the top 5% of all newsletters, possibly even 1%. Why? Because we had published more than 21 posts. Far more. We wrote…
I first learned about the 20-hour rule a year ago and thought it was rubbish. I couldn’t believe it was that simple: you could learn any new skill by practicing for just 20 hours. Only after trying…
In 2011, Eric Ries published a book called The Lean Startup. In it, he popularized a concept he called an MVP — minimum viable product. The basic premise of an MVP is that it’s a more efficient…
Fast forward to this month: Our startup, CustomGPT, was named to “Top 10 Emerging Leaders in Generative AI” along with OpenAI, Microsoft, Google, Amazon, Anthropic, Cohere, Databricks, A121 Labs and…
Before this happened, I thought a side project with 0 MRR was worth nothing. But now that I’ve seen what can happen when you put in the work and take risks, my perspective has changed completely…
When I first learned to drive a car many years ago, my father would point out things to watch for, like a driver likely to swerve into my lane or a car in front of me about to hit their brakes. After…
Scaling a software company from $1M to $2M in Annual Recurring Revenue (ARR) is fun, but has its challenges. It’s a pivotal phase where your initial success is tested, and your strategies for growth…
Steve Jobs. Mark Zuckerberg. Bill Gates. Jack Dorsey. Sean “Diddy” Combs. They have two things in common: And they’re not the only entrepreneurs who dropped out of college. Take a look at this list…
With no strategy, there is no focus. No improvements. Endless talks. No differentiators. No happiness. My competitors and partners would eat me for dinner.
It’s not an easy answer, I’ll be honest. We’re talking about 16 months of trying things, failing, getting small wins, failing some more, and learning, learning, learning. So instead of a step-by-step…
According to Crunchbase and the Wall Street Journal, Startupland is currently experiencing a huge Series A funding crunch. While a relatively large number of companies raised seed rounds of $1…
Why entrepreneurs need to ditch their egos & scrap their experience. Your business-building habits, expertise, and go-to tools are quickly making you slow, dumb, and eventually broke.
But most won’t and that’s okay. We’re not here to shame anyone. I like the idea of helping people learn to make 6-figures instead. It’s more realistic and allows the average person to leave their job…
Although the final totals for venture investment for the year won’t be published for a while, there’s no doubt 2023 was a painfully slow year. According to a Crunchbase report, seed and angel funding…
Lots of readers seemed to enjoy my previous article discussing 10 inspirational sports quotes in relation to entrepreneurship. As the article mentions, I decided to write it after encountering a list…
This article dives deep into rebranding examples, some that haven’t been written about, and you’ll come away with a handbook for your own company rebrand strategy, including a list of principles and takeaways at the end.
A “try before you buy” sales experience has become a pillar of the Product Lead Growth/self-service sales world; however, getting a trial right is more nuanced than you might think. We implemented a…
If you’re an entrepreneur struggling to raise venture capital, it’s probably because you don’t know the work of a literature professor from the 1970s named Joseph Campbell. I realize the kind of…
In 1963, Seymour Cray’s team at Control Data, based in Chippewa Falls, Wisconsin, built the world’s first supercomputer, the CDC6600. At the time, IBM was the Google of computers, except more so…
This piece was co-written by Carin-Isabel Knoop, the author of Compassionate Management of Mental Health in the Modern Workplace and the Executive Director at Harvard Business School; and Daniel…
Entrepreneurship is a lot like a sport. To be fair, it wouldn’t be an exciting sport to watch. After all, if you think golf is dull, imagine spending the same four hours watching someone craft a…
For whatever reason, in recent years, it has become trendy for startups to declare their disdain for competing. They like to emphasize how they are “focused on their own mission” instead. As if their…
I recently had a conversation with a founder who just raised a little over a million dollars. And while his startup is growing fast, his small team is still trying to do everything themselves. “I’ve…
Picture this. You’re at your local Blockbuster (Yes, Blockbuster still exists in this scenario) — picking a DVD to rent for family movie night. “You should totally watch this documentary instead…