Entrepreneurship in the World
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Scooped by Samuel Pavin
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How I Got My Startup Profitable in 6 Weeks

How I Got My Startup Profitable in 6 Weeks | Entrepreneurship in the World | Scoop.it
Samuel Pavin's insight:

(Chris Bolman, via Medium)

It is always good to read about real-life experience and here is a bit from Chris.

I like the point about profitability since it links back to the "new" rise of B2B startups - with the monetization in the background.

Now, not every startup will be profitable in 6 weeks but the bottom line here stands in the overall point made : aim for profit.

And the points made by Chris are must-have for any startup out there (for instance, not being able to pitch your product/value in one sentence definitely is a poor start).

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Don’t Let Your Hype Write A Check That Your Product Can’t Cash | TechCrunch

Don’t Let Your Hype Write A Check That Your Product Can’t Cash | TechCrunch | Entrepreneurship in the World | Scoop.it
Everywhere you went around Austin this past week, there were people queuing up for things, Grumpy Cat, the GroupMe Grill, the Twitter party, Salt Lick BBQ.

One startup fête was so packed even a founder couldn't get in immediately.
Samuel Pavin's insight:

Fully agree.

Sadly fashion is fashionable in our time so looking good/cool/sexy seems to be enough for a startup to be crowned the new king of this world.

And as 2013 has been branded as the year of design, could the trend live on ?

Actually, design also has a role when it comes to usage, to quality on top of the marketing or fashionable side of a product.

There is true value - and actual demand - for it.

At the same time, investor tend to look for startups with a business plan. Hype alone does not sell.

Hype sells for free. Good looks draw customers ... but only brains monetize.

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