The most common inquiry we get from startups is, “when do I use a company versus a contractor versus an employee?” Our research has concluded that getting this question right correlates with startup success, and getting it wrong often leads to startup failure. So, what is the right answer? Employee: – The… Read More
It is no secret that a functional team will always outperform a dysfunctional one. Any sports fan will tell you the coach’s ability to get the team to work together as a team will always outperform a group of dysfunctional superstars. But, how do you tell if your team is dysfunctional? Look for these 5… Read More
We have a lot of interactions with CMs (Contract Manufacturers). These companies are excellent—they can do ten thousand things and not make a single mistake. Their business must work this way to stay competitive. Product development, on the other hand, is different. In product development, you are lucky if you do ten things and get… Read More
I never met a startup that was not positive they would succeed. Indeed, overconfidence is a necessary talent for becoming an entrepreneur; if only it was a sufficient one as well we would not see 95% of startups fail. All entrepreneurs believe in themselves and their company; but in far too many cases, these same… Read More