Why you should build an ARMY of mentors

island

No startup is an island. Since independence is a pretty common entrepreneurial trait, going at it alone becomes a mistake that's easy to fall into for a lot of startup founders. This is a mistake. Listen carefully. Developing an honest-to-goodness startup is a difficult chore. Most startups still fail within 5 years of being founded. You need all the help you can get. When you get started, one of things you should always remember is to develop your support structure. You need mentors. Notice I used the plural form there. It's easy to think that you have to go looking out for one mentor. Do more. Get an army of great ones. This ALWAYS pays off. Expect not only to receive wisdom … [Read more...]

How God Founded Our Startup

god in the workplace

When a new employee starts in STORM, or any of the startups I'm associated with (we're all in one building), they are treated to something different (especially if they've previously worked in corporations before) which happens every three o'clock. We invite the newbie to our conference room, where we read the Gospel for the day, and then everyone gets her turn to say a prayer. When we celebrate a victory, we quickly remind ourselves that ultimately, it was God who enabled the victory. Yes, we have very talented and intelligent people on our team - but where do all these gifts come from anyway? We cannot and will not take full credit. On the lower-right corner of our website, you will … [Read more...]

Start@Starbucks!

starbucks-hand

Start-bucks Coffee. My first startup, STORM Consulting, started as an idea in 2005, I talked about it with around 10 people - all potential co-owners I targeted - mostly in Starbucks. I then narrowed the field down from ten to two people and began building the foundation of the firm with my two new partners. A recent startup, StreamEngine, (site is still in beta) which is launching this January, started when I talked to potential partners - mostly in Starbucks (some in Seattle's Best). A chunk of my time now I'm currently using by  talking to different people regarding different ideas - all in coffee places and dining areas in the metro, 30-60 minutes each, mostly after … [Read more...]

The ONE TRUE RISK I faced in taking the startup leap

TAKE ONE!

One of these days, I'll post the full-blown story of what exactly happened when I took the leap and kissed my corporate career goodbye. It was truly a Faith-Leap for me. Till then, kindly make do with this super abridged version: I was a 33-year old corporate lifer with a wife and a newborn son I was supporting. It was the middle of the 2008 recession. The startup firm I was working part-time putting up was struggling mightily, partly because I wasn't giving it the time it deserved. I had two paths to take. One was to continue on my 12-year corporate career as a line HR director, continue receiving my comfortable salary, continue with the peace of mind that my family would be ok. … [Read more...]

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