Good mentors are important, but they are incredibly hard to find. You want to take guidance from those who have actually done what you are planning on doing – in other words, they have built a business from the ground up. Avoid current or former full time employees who are in senior or C suite […]

I’ve discussed the challenges of being an innovator in the New Product New Market (NPNM) quadrant and the risks associated with that. I’d like to take a few minutes today and expand on some of the risks and challenges. The band Kraftwerk is widely considered to be one of the cornerstones, innovators, pioneers and essentially […]

I’ve mentioned in other posts that my base criteria for evaluating a business opportunity is that it has to be in a growing space, a spendy space, one that has a gap in the market you can fill, and is something you can be the best in the world at. I lived on Lake Sammamish […]

I remember the first time I wrote a checkout system that took money from customers. It was for a paid real-time analytics product that I’d built – a few years before Google made it free with Analytics. I was using the Authorize.net API and was terrified. “What if I screw up the arithmetic and charge […]