Iterate Often & Upon Vetted Intel
Be Tenacious & Be Careful
The Unconventional Entrepreneur: Grit, Partnerships, Ego, and a Pinch of Crazy Marketing
The entrepreneurial journey is often painted as a glamorous adventure, but the reality is it’s a rollercoaster of highs and lows, filled with unexpected twists and turns. To navigate this turbulent landscape, you need tenacity, a healthy dose of self-awareness, and a dash of unorthodox thinking.
Tenacity: Your Unwavering North Star
Tenacity is the unyielding spirit that propels you forward when faced with obstacles. It’s the fuel that keeps you going when doubts cloud your vision and setbacks threaten to derail your progress. In the world of startups, rejection is a constant companion. Investors may decline your pitches, customers might not flock to your product immediately, and technical challenges may arise. But remember, every “no” is just one step closer to a “yes.”
Partnerships: Proceed with Caution
Collaboration can be a powerful tool, but it’s crucial to choose your partners wisely. Don’t rush into partnerships based on excitement or desperation. Take the time to thoroughly vet potential collaborators. Do your due diligence, assess their skills, values, and work ethic. A misaligned partnership can be worse than going it alone. Remember, it’s better to have a small team of dedicated individuals than a large group of mismatched personalities.
Ego: The Silent Killer of Innovation
Ego can be a double-edged sword for entrepreneurs. While a healthy dose of self-belief is essential, an inflated ego can lead to disastrous decisions. Don’t let your ego dictate your product or service offerings. It’s tempting to add every feature imaginable, but resist the urge to overcomplicate things. Focus on solving a specific problem for your target audience, and deliver a product that excels in its core functionality.
Marketing: Embrace Your Inner Weirdo
In a crowded marketplace, conventional marketing tactics often fall flat. To truly capture attention, you need to be willing to stand out. Embrace your inner weirdo and create marketing campaigns that are bold, unconventional, and even a little bit controversial. Don’t be afraid to experiment with different channels and formats. Guerrilla marketing, social media stunts, and interactive experiences can all be effective ways to generate buzz and attract customers.
Other Unconventional Tips:
- Don’t be afraid to pivot: The ability to adapt and change course is crucial in the ever-evolving startup landscape.If your initial idea isn’t gaining traction, don’t be afraid to pivot and explore new directions.
- Take care of yourself: The entrepreneurial journey can be all-consuming, but neglecting your physical and mental health will only hinder your progress. Make time for exercise, relaxation, and social connection.
- Celebrate small wins: The road to success is paved with small victories. Take the time to acknowledge and celebrate your achievements along the way. It will boost your morale and keep you motivated.
- Never stop learning: The world of business is constantly changing. Stay ahead of the curve by reading industry publications, attending conferences, and networking with other entrepreneurs.
Remember, the entrepreneurial path is not for the faint of heart. It requires grit, resilience, and a willingness to embrace the unconventional. But if you’re passionate about your vision and willing to put in the hard work, the rewards can be immeasurable. So go forth, embrace your inner weirdo, and create something truly extraordinary.
Who NOT to Trust When it Comes to Investors
One of the most important steps you can take in your startup journey is to find investors. But you have to be careful, you shouldn’t blindly follow just anyone. My video talks about investor vultures to avoid:
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Things That Suck in Startups
When you’re first beginning, it’s important to understand the things that suck in startups along with the things that don’t. This can help you make better decisions from the beginning and not waste time, effort, or money:
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Inc. Like a Boss
If you want to start a company, make sure you have a product or service to sell first. If the endeavor involves other people, you’ll want to incorporate with a structure that protects you and your partners, especially if one of your friends is clueless or litigious. Litigious is a French word meaning Asshole.
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The Two Most Important Questions to Ask Yourself in a Startup
The questions are simple, yet without them, it could mean the difference between success and failure in your startup (and also your life).
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So, how can you attract (good) investors?
Do you know how to attract investors for your startup? What are the key things that startup (quality) investors are really looking for, above all else? In this quick, but useful video, I talk about the best ways to attract investors for your startup:
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Co-founders. Why do you need them and how can you find a great one?
When you have a co-founder, you’re 3x more likely to scale in your startup and not need venture capital.
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The 10 Biggest Mistakes Made by Startup Founders
These are the top 10 things that newly-funded founders do that make them look like complete knuckleheads. You can watch the full video here:
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