The Salami Scam: It’s easy money, like becoming a lottery millionaire. It’s a fleeting fantasy of every armchair hacker. You’ve probably heard about it from a movie or TV show. A techie secretly installs software at a bank or big company that skims 1/100 of a penny from billions of
Getting time and attention from experienced advisors is a rite of passage for the first-time entrepreneur. Entrepreneurial advisors provide everything from informed feedback, market validation and technical direction, to introductions that can lead to partnerships, investors and customers. Advisors are often former serial entrepreneurs themselves with well-earned battle scars from
Movies and TV shows/episodes for entrepreneurs. Some are good depictions (or parodies) of the entrepreneurial experience. Others are good examples of what NOT to do …
Chuck Eesley is an Associate Professor and W.M. Keck Foundation Faculty Scholar in the Department of Management Science and Engineering at Stanford University. As part of the Stanford Technology Ventures Program, his research focuses on the role of the institutional and university environment in high-growth, technology entrepreneurship.
Connecting with the right kind of Angel can be the answer to an entrepreneur’s prayers Entrepreneurs, you know about Angels of course — but do you really know one when you see one? Venture capital is synonymous with startup funding, at least that’s what conventional wisdom and folklore tell us. The reality
What’s the #1 phrase that kills ideas and derails entrepreneurs ? It’s not: “it can’t be done,” “that’s impossible” or even “give up!” People rarely say those boneheaded phrases anymore. In fact – they’re almost motivating challenges for entrepreneurs. No. The #1 phrase that kills innovation is:“We’re already doing that”
I did a fun interview a few months ago for “Hundred Life Design” (a coaching an leadership company). We talked about all things entrepreneurship, and in particular, about mentoring, advising and the startup journey: the topics of my last book (The Age of Metapreneurship) and my next book (The Startup
Most entrepreneurs end up enduring the “Wizard of Oz Syndrome” dozens of times before they develop their own sense of wisdom – or cynicism born from experience. The Wizard of Oz Syndrome goes something like this: Entrepreneur is standing before Big Influential Investor or fill-in-the-blank [Big Influential Customer, Big Potential Partner, or Big
Last week I published an article, written with Crowdfund Insider director and editor Charles Luzar on the subject of fraud in crowdfunding: Crowdfunding Fraud: How Big is the Threat? We researched and gathered data from hundreds of crowdfunding campaigns to get a sense of the scope of fraud and potential
