Category Archives: Entrepreneurship

The Downside of Applying Lean Startup Principles

maze puzzle brain job searchThe Lean Startup is a bestselling business book by Eric Ries that has become a global revolution with followers in 17 countries. Its principles have been adopted by early-stage ventures, Fortune 500 companies and even the U.S. government. Its core principle is to test a “minimum viable product” early and gather information to further fine-tune development. The idea is to mitigate risk in the product development process. Read more>>

The Definition Of A Startup In 2018 (By The Numbers)

What is a startup? It’s a surprisingly hard question and everyone has a different answer. A few years ago, I took a stab at a response myself, coming up with a somewhat-serious list of rules that set parameters around startup status. What I originally scribbled down as dividing lines between startups and more mature companies needs to be revised. So let’s come up with a 2018-era definition of what a startup. Read more>>

This Founder Says To Not Be Afraid To Pivot Your Startup

Customer support is a critical, yet tricky function for an enterprise company to perform well at scale. Sinan Ozdemir, 26, and Jamasen Rodriguez, 25, saw an opportunity to use artificial intelligence (AI) to automate communications, Kylie.ai. Kylie.ai uses AI to help train and support customer support agents, as well as automate communications on their behalf to quickly assist consumers in need of help. Read more>>

Being a young startup founder was isolating—here’s how I coped

One thing I never expected when I founded a startup on my own shortly after college graduation was the level of isolation I felt at times. Almost five years later, it’s safe to say that workplace isolation is no longer a concern—my company, Parcel, was acquired by Walmart in the fall of 2017. Still, the techniques I learned for coping with those lonelier early days remain fundamental to my working style. Read more>>

Why I chose customer-funded growth over taking VC money

It’s the first page in a familiar story. A college kid comes up with a clever idea and starts building it in his spare hours. He goes all-in to focus on building the product and works 80-hour weeks, keeping his eyes firmly on the prize. Soon, he’s creating pitch decks and dazzling VCs. The valuations soar. He’s a media darling. That’s how you accomplish big things, right? Read more>>

There are very real differences in how women and men (and VCs) view entrepreneurship, underscores a new survey

Feminism concept. Gender Pay Gap for Work of Equal ValueIn the increasingly crowded world of venture capital, many more firms are producing research as a way to differentiate themselves from the pack. Now Illuminate Ventures, a nine-year-old, woman-led, early-stage venture firm, has produced some thought-provoking research of its own around how women and male founders view entrepreneurship, from why they do it to how much support they receive from family members. Read more>>