I'm a judge for Mass Challenge, as well as the Harvard Business School competition, and I've noticed that many entrepreneurs don't know what market size means. Let me call out two of the most common mistakes, which can be the difference between recognizing a real...
entrepreneurship
Here are articles on entrepreneurship
What do CEOs do? A CEO Job Description
The Chief Executive Officer is one of the most coveted titles, and least understood jobs in a company. Everyone believes that CEOs can do whatever they want, are all powerful, and are magically competent. Nothing could be further from the truth. By its very nature,...
How you scale an organization
I just returned from Black Rock City, NV, better known as Burning Man. Burning Man is an annual event where 70,000 artists, engineers, performers, and makers descend on the Black Rock Desert in Nevada. In one week, they build and inhabit a city made of...
Cryptocurrencies for Investors and Entrepreneurs
Cryptocurrencies and ICOs (initial coin offerings) are hot right now. Entrepreneurs are raising millions with them. But how do they work? How should investors, entrepreneurs, and markets think about them? Here’s what I’ve learned so far about how ICOs and coin-offerings work.
Why business models matter: Understanding health insurance
When you're making business decisions, one of your most powerful tools is to understand business models. A business model is, simply, how a company makes money. If you want an in-depth definition with examples, check out my article on business models that was written...
Entrepreneurs aren’t primarily risk-takers; their main mindset is something else entirely
Entrepreneurship isn’t about taking risks Entrepreneurship is all the rage these days, and I’ve had a lot of people ask me if they have “the right personality type” to be entrepreneurs. They think entrepreneurship is about risk-taking. Entrepreneurs must love risk,...
The ongoing joke that is Silicon Valley Privacy
SnapChat just revised their privacy policy. I decided to read it. It looked pretty good. Then I got to the section How We Use Your Information. How does SnapChat use the information? To provide services. To communicate with me. To monitor trends. And so on. The final...
Planning for operational growth
A key element of working less and doing more is preparing enough for the future so you have systems in place when the demands on you grow. If your business is lucky enough to be on a growth path, you still have to deal with setting up operations before the growth...
Things I’ve learned about stock … the hard way (this is a paper I wrote for a friend in the late 90s)
Things I’ve learned about stock … the hard way (this is a paper I wrote for a friend in the late 90s)