During his second year of law school, Philip Amoa began the process of searching for internships. He found the research stressful — he had to locate law firms in specific geographic markets, personalize application documents, and meet important application deadlines, all while trying to prepare for classes the next day. A joking suggestion from a [...]
(Note: reposted from Planning Startups Stories) Every startup has its own natural level of startup costs. It’s built into the circumstances, like strategy, location and resources. Call it the natural startup level or maybe “the sweet spot.” 1. The Plan For example, Mabel’s Thai restaurant in San Francisco is going to need about $950,000, while [...]
I’ve seen it in past recessions–more startups. I have only anecdotal evidence, no statistical data, but it still seems like a natural pattern. Some of the people laid off end up starting new businesses instead of finding new jobs. Over at Small Business Labs, Steve King posts Recession Drives New Businesses. He cites three major-media [...]
It is a New Year and time to … Yes, yes, you’ve heard that a lot lately. Still, it is no less valuable nor less appropriate for having been used before. Prior to becoming a cliche, it was good advice. The other morning the snow and ice convinced me to work from home for a [...]
http://www.nytimes.com/2008/12/11/business/smallbusiness/11hunt.html?pagewanted=1
Startups can be so incredibly different, one from the other, but unfortunately we talk about them as if they’re all just startups. It’s night and day, or apples and oranges. One person sets up a blog or a web page offering services, such as graphics, consulting or planning, and the business is born, voila! Another person gets [...]
Funny thing about confidence and the economic climate . . . and good to remember these days: The pendulum usually swings too far. When things are up, they seem more up than what they really are; and when things are down, they seem worse. Reality is somewhere in between. I like this reflection by Jeffrey [...]
I love podcasts. I can load them into my iPod and listen to them in the car when I’m going to and from work or even doing lunch. There are a few that I listen to on a regular basis and a few that I listen to only occasionally. Last week the podcast “For Immediate [...]
I just read a great post. I’m quoting the main lines here from the excellent list published on StartRunGrow. It lists 10 common pieces of bad advice. And I’m including some or all of the commentary, in the blocks, with some thoughts of my own as well. “You will make a fortune–go for it.” People [...]
I’ve heard several interviews with Thomas Friedman lately, and over the last week I bought and read his latest book, Hot, Flat, and Crowded. I think the book is something that startups and small businesses should read. It strikes me as about as reasonable and accurate a projection of the future as is possible in [...]