Founders School Blog

Millennials Twitter Chat Discusses Relevance of Business Plans, Whether to Co-Found or Not

Ideas are a dime a dozen, but the execution of that idea is another thing altogether. Those of the millennial generation are coming up with more and more idea, but once they have an idea for a business, they need to know what to do next.

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on March 31, 2015
How to Avoid Getting Stuck with a Mediocre Business Model

As entrepreneurs, our deep passion to solve real problems drives us in our quest to revolutionize the way things were done before. We often get really excited about our "big idea" and jump straight into developing it. We grab a Business Model Canvas, flesh out the perfect model, rush into interviewing customers, then start building the product, hiring new team members and so on.

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on March 19, 2015
What Entrepreneurs Keep Leaving Out When They Answer the Question 'Who is Your Competition?'

"Who is your competition?" Whether it's an elevator pitch, investor pitch, or 1 Million Cups pitch, entrepreneurs are quick to address this common question when preparing their presentations.

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on March 11, 2015
The One Thing Entrepreneurs Consistently Get Wrong

In the world of entrepreneurship, there are plenty of missteps and mistakes on the way to creating a thriving venture, but there is one mistake you can put an end to today--getting your market size wrong.

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on March 03, 2015
Twitter Chat Ignites Discussion Around Obstacles Facing Millennial Entrepreneurs

Whether it's student debt or lack of credibility, the Millennial generation faces some hurdles in order to thrive in the startup world. We took to Twitter, with the help of our special guest the U.S. Small Business Administration (@SBAgov), to discuss with others the opportunities and challenges for Millennial entrepreneurs.

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on February 24, 2015
A Pivotal (and Often Underemphasized) Board Decision

The Startup Board series video Choosing Your Board Members with Brad Feld highlights a pivotal decision many entrepreneurs face. Moreover, many entrepreneurs don't provide the necessary time and consideration in identifying the best startup board members.

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on February 09, 2015
FOE: Family Over Everything

FOE. It's a phrase many of the entrepreneurs I work with use--"Family Over Everything". Now when they say it, they have a more universal way of defining "family." They can mean the very close entrepreneurial friends they've made, or their teams at work --but they all would agree that at the foundation of their family definition is their nuclear families at home. This is the common denominator in those that I see overcome hardship in this journey and find their path to new ventures. FOE.

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on February 03, 2015
Lock in Your Gains: Craig Wortmann's Jump Starting the New Year on the Right Foot

At this point in your "marathon," January is coming to a close and you are feeling tired. In a real marathon, this is where bad habits can re-emerge. You think "I'll just slow down for a mile and then speed up again" or "I don't really belong in this group of runners." Don't let that happen. Instead, lock in your gains.

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on January 29, 2015
Stretch Yourself: Craig Wortmann's Jump Starting the New Year on the Right Foot

You've settled into a fast but sustainable pace. Your running group is holding together, but just as in a real marathon, everyone is starting to become inwardly focused. You are hurting a bit, and still looking at miles and miles to come.

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on January 23, 2015
Find Your Running Buddies: Craig Wortmann's Jump Starting the New Year on the Right Foot

In our metaphorical marathon, the crowd has begun to thin a bit. And you are starting to see the same people around you. This can be a very powerful thing in a long race. Your group can sustain you, motivate you and help you along.

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on January 15, 2015