Ideas can come from anywhere, and generating ideas is easy.
The difficulty is that good ideas can be few and far between, and it can be challenging at first to distinguish a good idea from a bad one. Moreover, it’s easy to accumulate sunk costs from pursuing a bad idea for too long. …
You may have heard about objectives, goals and such, but what are OKRs?
OKRs stand for “objectives and key results” and were first introduced at Intel Corporation by Andy Grove, the legendary CEO. OKRs evolved from other management methods, such as management by objectives, and have been applied across businesses ranging from early-stage startups to global enterprises.
Marc Andreessen, the founder of Andreessen Horowitz, famously stated that a business went through two stages, before product-market fit and after. (https://growth.eladgil.com/book/introduction/where-to-go-after-product-market-fit-an-interview-with-marc-andreessen ) This is very true, and getting to product-market fit as a business is critical to the long-term growth potential of that business. …
In most businesses, responsibility for the most critical decisions is generally left to the highest-paid person’s opinion — the Hippo effect.
But what is a HIPPO Effect?
“HiPPO is an acronym for the highest-paid person’s opinion” or the highest-paid person in the office.” The acronym is used to describe the tendency for lower-paid employees to defer to higher-paid employees when a decision has to be made”. Taken from Wikipedia
The recent example of the European superleague was…
Watch any film about a successful entrepreneur and one thing strikes you right away, they are focused, have a strong belief, and are outcome-driven. So how, as an aspiring entrepreneur do you build this capability? …
17 years ago, on February 4, 2004, 19-year old Harvard student Mark Zuckerberg, along with some of his classmates, launched a little website called Thefacebook, their first startup.
“Thefacebook is an online directory that connects people through social networks at colleges”, the original website greeted its visitors back then, explaining that it would enable them to “search for people at your school, find out who is in your classes, look up your friends’ friends and see a visualization…
What is Y Combinator? This is a common question among startups looking to learn more about funding with venture capital.
What is it?
Y Combinator is an American Seed Fund startup accelerator launched in March 2005. It was used to launch more than 2,500 businesses, such as Stripe, Crunchbike, Yelp, Zencart, Airbnb, Homebone…
Objectives and Key Results (OKR) is a strategic thinking framework and key performance indicator that enables businesses to align objectives with realistic, measurable, achievable, and reasonable future outcomes.
Established in Leading Companies
OKRs can also be implemented whether you are a startup looking to grow or an established business. …
Some startups failed, and some startups succeeded. For every startup, there is a story of struggle and failure to the entrepreneur’s credit. Of course, there is another group of startups that never got off the ground at all. …
