In the second part of this article, I will try to define some less-known or newly emerging organizational structures that might give startups and founders ideas about their own organizations. Functional specialization This type of organizational structure is an organization…
In a recent post, I talked about the importance of communication skills for startup founders. One of the reasons why founders find themselves in situations that are difficult to handle is the lack of well-defined relationships. Lack of an organizational…
This is the second part of the article that introduces some of the most important contract terms to be mindful about when negotiating an agreement with an investor. Exclusivity terms An investment agreement is usually for one year, but it…
Accepting a big financial investment from an investor or venture capital might sound like the ideal scenario for a startup founder. However, the details of your contract determine if this investment is going to help you or not. This article…
In part 1, I talked about a startup founder's areas of focus, understanding the customer, deepening your expertise in your subject matter, and also some mindsets that need to be adopted or avoided. In part 2 of this article, I…
This article will list some of the "traps" I have encountered in my journey as a founder. These are some of the most frequently committed errors in judgement that startup founders can make in their startup's early phases. These are…
Here is the second part of my article about how to cope when your first startup fails. Lesson 4 - It is not your fault Maybe you didn't do enough market research or ask enough people what they want, but…
Introduction Statistically, most startups fail. As a founder, it takes courage and determination to start your own business from a mere idea. However, founders and startups are aplenty. Since most founders fail at their first attempts, it is crucial to…
You can develop the best product or service, but your startup certainly won't survive if no one knows about it or understands the value. But, there are easy ways to jumpstart your sales and build the momentum you need, even…
In the second part, we'll cover some of the remaining ideas about hiring in the early days of your startup. References and References Before I talk about the skills I think are most crucial to building a great startup team,…