Where to Start Your Startup – Best Value Destinations

Where do you go to build your startup before you get investment?  Places to start your startup that offer the most value for your bootstrap money. Here they are.

The number two reason why startups fail is running out of cash. How can you make sure your cash does not run out before you make money?

Recently, I visited Happy Farm, a startup incubator in a small Ukrainian village. Most people do not think about a village as the land of opportunity. So what are startup entrepreneurs doing in a village? Two things – actually working (as opposed to enjoying city life) and reducing their burn rate. And Happy Farm successfully attracts people even from outside  Ukraine. But why go abroad to do a startup?

Why Go?

Arguably, if you know what you want to build,  you could start your startup anywhere. You could just take your laptop, sit down in your bedroom, shut the door, and build your product. Done. Seems straightforward. But there are good reasons to go somewhere else.For more....

Getting Funded Online – The Many Ways Of Crowdfunding

For all the hype that crowdfunding has caused, there are very few startups that have been crowfunded. Yet. The future is looking very good for crowdfunders. You have four proven options that can get you as much as $10 million in funding – or at least that’s the record so far. Here are the many ways of getting funded:

1. AngelList
2. KickStarter
3. IndieGoGo
4. Getting Funded DIY

Other less popular crowdfunding platforms:

• RocketHub
• PledgeMusic
• GoFundMe

For more........

Everyone Will Have to Become an Entrepreneur

I run a startup. Lean and mean, 16-hour days. Everything we do is ours. When we thought of hiring another person, it quickly became clear that we could not handle an employee. I had to become an entrepreneur. We could not pay for insurance, supervise them, offer them a stable salary. Why because all those things that are stable about a job are the opposite of a startup.

And recently, the entire job market. It turns out that it’s not just startups that do not want traditional employees, Google does not want them, small businesses don’t want them, agencies don’t want them.

Who do they want then?

Entrepreneurs. For more...

Small Realizations of Big Entrepreneurs

How much do you need to know to build a startup? From what I have seen of big entrepreneurs and founders they tend to not worry about knowing things, but rather doing things.

A lot young people have an education. Often it is the education that disables them from doing – they know so much that they don’t even know where to start. Walking out of my law school graduation I remember sensing that I had too much information, and little idea of what to do with it.

What does the alternative look like? Having little information, and acting on what you know. This info graphic very simply describes the life paths of two big entrepreneurs who built their businesses on one realization.For more ......

Why We Live – Counting The People Your Life Impacts

If you were to have your last party, ever – how many people would be there? If this question itself is unsettling it is because you want your life to have an impact. A big one. Counting the people we impact, I made the following estimation . For more .......