My Favorite Posts
Category Archives: Business
My friend (& Horizon advisor) Shannon sent this article to me the other day. I love it. Particularly: What if, instead of focusing on exits, we focused on sticking around? What if the focus wasn’t on selling up and moving on, but instead was on handing down and passing on? Many entrepreneurs build companies because they see a financial opportunity. They fully expect to exit by selling the company. That’s fine of course. But that’s not me. The goal with Horizon is to build a long term company that is passed down to the next generation. Which, of course, is why that blog post resonates with me…and why Shannon sent it.
The desire to “change the world” is common among entrepreneurs. Via Seth Godin The public square is more public than ever, but minds are rarely changed in 140 character bursts and by selfies. If you ask me, there’s still far too much time, effort, and money going into the time suck economy. That’s okay, since it’s not my time, effort, and money — everyone has the right to do what they want with their lives.
Everyone knows the personal savings rate has been in decline in America for decades. Well, here’s part of the reason… Paypal is attempting to FORCE me to purchase on credit (this specific transaction is actually a donation to ALS, but that’s not the point), instead of with cash. Really?
I saw the news that Kent Goldman of First Round Capital was branching off to start his own firm called Upside Partnership, and instantly flagged him in my mind as a venture capitalist I want to work with. Why? Go read the post on Horizon.
Some good stuff to think about here related to raised a seed round… via Semil Shah
Let’s face it. No one operates at 100%, all the time. Everyone, even those that constantly push against greatness, have spurts where they struggle. I’m no different. Today was one of those days. Well, not the whole day, but definitely one 1 hour meeting. I just wasn’t on point. Poor responses. No good data points came to mind. Every possible business model weakness was brought up. Called out for not validating X. I felt like I had been kicked in the gut. What can you do when you have one of those days (or hours)? Pick yourself off the floor and do better next time.
Building community is something I think about every single day, and Impact HUB in Seattle is one organization that does a great job of it. Here is more from Lindsey Engh, one of it’s co-founders…