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The Value of Doing Something Intrinsically Hard
Difficult challenges create barriers to entry, competitive advantage, and value. Seek them out.
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Reflections on Startup Children
Startups are like the children of their founders. What are the implications of this analogy?
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The Risk of Idea Stealing
Inexperienced entrepreneurs often worry about sharing what they are working on with others, fearing someone will steal their idea. While there are a few circumstances one should be cautious about, generally, it is far riskier not to share.
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Communicating with Investors at the Right Frequency
The more frequently you communicate, the deeper into the details you need to delve. To manage the level of detail and involvement, control the communication frequency.
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Why An Approved Budget Does Not Equal Control
Do you think approving a budget means you have control? Think again. Budgets do not equal control. Especially in a startup.