JUAN GREAT LEAP

The Destructive Power of “Not Yet”

Around three years ago, I had a coffee talk with an entrepreneurial fellow named Randy (not his real name, rhymes though). Randy was a mobile applications programmer working for a large telco. He was carefully explaining to me about his idea for a mobile application/mobile service which I thought was just super - first in the local…

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The only shoe that will fit perfectly is yours

Each individual is unique. From our fingerprints, our view of the world, our biases, our histories - we are each truly unique. Our uniqueness extends to what exactly satisfies us at work. Some of us prefer sales, some research, some human resources, some supply chain management, some finance, some technology. Some of us prefer to work at…

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9 Startup Myths Part 3 of 3

This is part 3 of a 3 part series. You can find part 1 here, and part 2 here. 7) Bigger is better Last year we were up to around 15-16 people. This year, while we've lessened our headcount to around 10-11 people,  we're set to double last year's revenue level. Guess which situation I'm happier with?…

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9 Startup Myths Part 2 of 3

(The following post is the second of a 3 part series. You can find part one over here) 4) Business Plans Are Important What 4 years of college business teaching hammered in me was that I needed to create a business plan for my startup. I needed to put everything in writing and project my financials -…

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9 Startup Myths Part 1 of 3

For the next three days, I'll be talking about 3 assumptions I discovered were completely wrong as I went through the startup process: 1) You need a ton of money to start Back in 2005, we were rejected by 2-3 investors before we said, "The heck with it, let's just pool our own money and start." My…

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Start@Starbucks!

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…

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