Archive for startups SmartBlogs

In one of the stranger inversions of the tech industry, failure has become chic. The founder of a failed startup, instead of feeling a little sheepish, now has bragging rights and a badge of honor. Indeed, one CEO of a failed startup recently bragged to a New York magazine writer that more people than ever now want to talk to him because of his failure.[…] Continue Reading »

The following answers are provided by the Young Entrepreneur Council, an invite-only organization comprised of the world’s most promising young entrepreneurs. The YEC recently launched #StartupLab, a free virtual mentorship program that helps millions of entrepreneurs start and grow businesses via live video chats, an expert content library and e-mail lessons. Read previous SmartBlogs posts by YEC.[…] Continue Reading »

I’ve been thinking a lot about wrecking balls lately, and no, not because of Miley Cyrus.

I’ve been thinking about wrecking balls because this year my company went through our own demolition. We took the momentum from a year of hard work and used the force of our collective strengths to deconstruct what we originally built and start all over again.[…] Continue Reading »

If you believe the stats, then most startups are doomed to fail. And depending on who you ask, there are a lot of reasons why most don’t make it. So, what’s the best way for a startup to measure its progress during those pivotal first couple of years?

Simple: customer growth and satisfaction.

To me, what’s always exciting about startups like Instagram for example is how many new customers they’re onboarding and how much users like the platform.[…] Continue Reading »

It seems so simple: do what you love. Follow your bliss. Only do what you’re passionate about.

So on and so forth.

In life, these poetic ideas sound ideal, but the reality is, love is not always a good enough reason to start a business and a successful business needs more than passion alone.

Love and passion may be the catalyst behind work, but purpose is what sustains and grows business.[…] Continue Reading »