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Two weeks of coding can save you an hour of planning

I came across this quote online: “Two weeks of coding can save you an hour of planning” and not only laughed, but cried, as the same is even more true over on the business side of startups. If I had a nickel every time one of my entrepreneurs spent months on operations, bashing the company’s proverbial head against the wall trying to fill orders or gain customers, when a few...

Nike’s Principals

This isn’t how I run my businesses, but one mistake most first entrepreneurs make is to not spend any time thinking about the corporate culture of their company. Fail to plan that, and you end up with Dilbert or The Office, with employees who are there for the job, not to build the successful startup. Nike’s Principals Our business is changeWe’re on offense. All the time.Perfect...

Poverty ≠ Poverty

The word “poverty” has two different common meanings. First, it is the smallest income level in any given country. E.g. in the United States, over 20% of children live in poverty. Second, is the more global view, with the International Poverty Line set by the World Bank, at just $2.15. The chart above shows the drastic difference in incomes between those two definitions. Do note that...

Sequoia Capital’s simple, compelling pitch deck

I wrote a whole book walking entrepreneurs through the process of creating a simple, compelling pitch deck, and I’ve posted a slide-by-slide guide to the standard, 12-15 slide pitch. But there are other frameworks, and here is Sequoia Capitals, as posted by Alex Banks on Twitter. Slide-by-slide Slide 1 This is your first impression. Pick a great name. Spend a little money on a great logo...

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