“Failure to me became not trying versus not succeeding” - Sara Blakely “What you don’t know can be your greatest asset” – Sara Blakely Sara Blakely had graduated from college with a communication degree.
"Sara had only $5,000 in savings. She had to be effective and efficient. Her ability to do both is why she owns 100% of the company that generates $500M per year in sales."
One thing you learn as a parent is how different one child is from another and as result what works for one kid doesn’t necessarily work for another. An example in our house: we have 1 kid in private...
"The power of startups is their own cultures, ideas and special gifts."
"I’d rather err on the side of making it easier and not harder for bright people to have the opportunity to start companies." -David Lee, SV Angel
We at SV Angel focus on the company-starting phase. We also work with companies at inflection points in all phases. But we generally invest in founders who start their companies with the hopes of “graduating” to the hard part - building a company. Our involvement is usually in the first 18 months. And if they do graduate, we hope that the next phase is a ten to twenty year run.
CloudFlare processes 3% of all the Internet traffic, states CloudFlare co-founder Michelle Zatlyn at the Women 2.0 Conference 2013. She presents a case study about going to billions as a startup founder. How did she do this? “No silver bullet” she admits, concluding that it’s a combination of many different things.
Today's Women 2.0 Conference on February 14, 2013 is being livestreamed and video will be available post-event.
The important skills are the basic ones, and those you can learn just about anywhere. I'm thinking of things like teamwork, communication, tenacity, problem-solving, creativity, etc. I don't have an MBA or any formal business training. I learned what I needed to know by taking care of kids, managing a band, and fighting for work as a film composer.
People take all sorts of different roads to entrepreneurship. If you've developed those very basic requisite skills, it doesn't matter where you honed them.
So when you start to think that you're too old, or you didn't make the right choices, or don't have the requisite skill set... just remember that a 34 year old former "manny" founded Pandora.
EVERY BUSINESS STARTS WITH A BLINKING CURSOR OR BLANK SHEET OF PAPER. THE BEST FOUNDERS ARE CLEAR THINKERS. THEY DON’T NEED MANY WORDS, CHARTS, SPREADSHEETS OR SLIDES TO EXPRESS THEIR IDEAS. MANY OF THEM JUST USED THIS SIMPLE OUTLINE.
According to David Lee of SV Angel, "Still the best template for a startup pitch imho."
Although there are stories of startups getting funding from an idea on a napkin, for most startups, the pitch deck has become the vehicle to sell an idea. In fact, the jQuery powered online pitch deck is becoming de rigueur in the tech world.
Learn how you can create your own modern pitch deck with this great tutorial and plugin from Dress Rush.
Fred Wilson + Creative Entrepreneurship Fred Wilson (@fredwilson) of Union Square Ventures recently sat down with us to talk about his contribution to “Creative Entrepreneurship” and his MBA Mondays...
Fred Wilson on sharing his business knowledge through his blog, classes at Union Square Ventures, and with 2,500 people enrolled via Skillshare: "It's definitely gone in all kinds of directions that I wouldn't have thought ... but that's the power of the Internet, of putting stuff out there without any restrictions ... it grows organically."