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Entries tagged entrepreneurship in Oct, 2013

Filters: Type: entry × Year: 2013 × Month: Oct × entrepreneurship × Sorted by date


Is it possible to run a successful company without being unethical or operating on the fringes of the law?

There is nothing inherently unethical about entrepreneurship. Find a problem people have. Figure out how much money solving it will save them (or help them make). Charge them less than that.

[... 108 words]

What are most important websites, online sources of knowledge and news for startups?

Hacker News is still the best starting point, which is pretty impressive considering how long the community has been around.

[... 41 words]

What do you do when you passionately believe in what you’re doing and have been seeing strong customer validation, but people around you constantly diss it? How do you persevere without a support system?

This is one of the reasons it’s a good idea to build a circle if trust with other entrepreneurs—or potentially even move to a “startup hub” region where more people are doing startups.

[... 110 words]

What should the CEO’s salary be in a startup seeking seed capital? Is there an average number?

If you haven’t yet raised any capital, how can you pay a CEO salary at all?

[... 133 words]

Why was the popular Silicon Valley incubator named Y Combinator?

From this interview with Paul Graham http://www.paulgraham.com/frinte...

[... 95 words]

What prevents founders from taking blown up salaries?

When the money runs out, the startup dies. If a founder takes a high salary they are reducing the runway of the company, and dramatically increasing its chance of failure. Good founders will take the lowest salary they can make work for them.

[... 168 words]

I have an offer from an angel, but just landed a 5 minute meeting with a big time VC. Do I try use the offer from the angel to my advantage, if so, how?

An offer is worth a lot more than a five minute meeting—and VCs are much more likely to take you seriously if you’ve already convinced someone else to invest.

[... 98 words]