Being a startup CEO is not unlike being a great political leader. The challenges you’ll face are different, but in both realms you’ll have the chance to rise above obstacles or crumble in the face of them. You’ll need to use everything you have in your repertoire as you’re the link - that stable [...]
Archive for the 'Entrepreneurship' Category
5 Leadership Lessons from Abraham Lincoln
Published by December 27th, 2007 in Entrepreneurship. 7 CommentsFacebook Apps Making More than $5,000 Per Day
Published by October 8th, 2007 in Entrepreneurship and The Facebook. 1 CommentSeveral Facebook apps, those run by Social Media have combined revenues of more than $5,000 per day.
Some of the popular Facebook apps by Social Media include (fluff)Friends, Compare People and Hatching Eggs.
I do not have the exact breakdown on the apps / stats, but it appears from this screenshot of Social Media’s reporting system, that [...]
The 9 out of 10 Businesses Fail Myth is Just That
Published by September 18th, 2007 in Entrepreneurship. 2 CommentsIt’s a common tale that 9 out of 10 businesses fail. (this number is often repeated at a similarly high ratio, such as 8/10 or 7/10)
The Growthink Blog tackles this myth in The “Flywheel” Value of a Business:
Entrepreneurs and managers of startup companies and small businesses often undervalue the “root” value of their enterprises. [...]
CommonRoom Video (for the lulz)
Published by September 8th, 2007 in Entrepreneurship, The Facebook and Web Apps. 0 CommentsThis site is by the guy who’s claiming to be one of the “founders” of Facebook, because he had an idea that was vaguely similar to FB back in the day at Harvard.
I think the guy could make more money doing spoof motivational videos for SNL personally.
ShoeMoney Video on Making Money Online / Possibility of Getting Rich Overnight
Published by August 4th, 2007 in Entrepreneurship, Financial Freedom, How to be a Millionaire and Making Money Online. 0 CommentsStraight from the man who’s done it himself (not the overnight part — no one has done that aside from the lottery).
Get Over Yourself: Your App Is Not Going to Be the Next Twitter
Published by May 26th, 2007 in Entrepreneurship, PHP, Ruby on Rails and Web Apps. 3 CommentsArticles like this one, while incredibly well-written and witty, make the classic mistake of assuming (or implying) most apps will ever need to remotely scale to hundreds of thousands, if not millions, of requests a day (where Twitter currently stands).
Update: Terry Chay responds to this article here. I wasn’t 100% clear on the [...]
Will Your Web 2.0 Company Make You Rich?
Published by May 15th, 2007 in Entrepreneurship and Financial Freedom. 2 CommentsThe internets are abuzz with all the latest Web 2.0 companies and startup news.
Many Web 2.0 company founders (and some of those companies’ early employees) have become incredibly wealthy in a very short period of time, most recently and notably the YouTube guys.
Clearly, the founders of Flickr, del.icio.us, Weblogs Inc, etc have earned at least [...]
Valleywag Misses the Mark on Y Combinator
Published by May 15th, 2007 in Entrepreneurship and Industry News. 0 CommentsThe usually spot-on Valleywag misses the mark on Y Combinator. You’ve got to love the snarkiness of the wag, but I think they’re being a little harsh here.
The Ultimate Flip
Let’s not forget, most every company is built to flip in one sense or another. What did Google do with its IPO? They [...]
