Sometimes it is hard to know why to start a company. I hope by sharing my story with you, it will help you decide whether it is time to make the leap. I felt like I was about to throw up as I uttered words I’d never thought I would have to: “I’m sorry, this […]
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Entrepreneurs are perpetually interested in M&A and Venture Capital topics, but often have little direct experience themselves. The math behind this is pretty obvious: if an entrepreneur starts 3 or 4 startups in his career, there are only so many opportunities that an entrepreneur gets to learn about these kinds of deals. On the other […]
A few weeks ago, we interviewed online marketing guru Neil Patel. This week I talk to his other half, product guru Hiten Shah. Together they are responsible for epic great tools like KISSMetrics and CrazyEgg, and Hiten’s focus is on growth hacking and product engineering… how to create a great product. Hiten just started a […]
When I was a teenager, I had a mentor that was like a father figure to me. One day, he taught me that often simple questions hide ulterior motives. Like asking: what do you do for a living? In typical geeky teenage naiveté, I asked Tom how could such a simple question hide anything meaningful. […]
Dear Lucas… A time-honored strategy among “super unicorns” (e.g. Google, Facebook, Twitter) is to get users first, then figure out how to monetize way later. It is not uncommon for investors to consider “revenue later” strategies. I’m not saying we want to put all our eggs in this basket however, but what do you think […]
Do you feel tethered to your cell phone? Is there a particular time when you hate your habit more than normal? At the dinner table? During the weekends? At night in bed with your spouse? Driving? Do you have the urge to check your phone just reading about the urge to check your phone? Here’s a […]
Dear Lucas… I’m self-funding a startup right now, it’s my first company and I would like to get all the advice and help I can! I’ve read a lot of conflicting advice on pitching style, but it seems that while most of them advocate the use of well chosen analogies some of them put more […]
Dear Lucas… My startup has been growing steadily for three years now. I bootstrapped it and we are making over five million dollars a year now. I know we could be doing so much better with some extra marketing budget and I believe that if we continue to invest ahead of our revenues, it will […]
Dear Lucas… My startup recently failed. I was the CEO, and it was in a super-hot space with three other competitors. Two of the competitors were acquired and the founders in both companies became super-wealthy. I checked out their LinkedIn profiles and for most of the founders, it was their first startup.With only two startups […]