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Photo by Scott Clark for Upfront Ventures (no, Evan is not standing on a box) Last year marked the 25th anniversary for Upfront Ventures and what a year it was. 2021 saw phenomenal returns for our industry and it topped off more than a decade of unprecedented VC growth. The industry has obviously changed enormously in 2022 but in many ways it feels like a “return to normal” that we have seen many times in our industry.
Holey Grail Donuts started selling its hand-fried, made-to-order taro donuts on Sunday mornings out of a little red burger trailer in Kauai in 2018. Four years and hundreds of long lines later, the truck is still there, but the company is taking on what co-founder Nile Dreiling calls “a stale $40 billion donut industry ” by expanding its presence into brick-and-mortar locations in Los Angeles after raising $9 million in financing.
Here is a variation of the “tree falls in the forest” question. . In past insights, we’ve looked at leadership skills, ways to enhance effectiveness, and how to develop creative ideas that motivate and propel your organization to greatness. Here is the ultimate question for a leader…. You’ve heard the old saying that you can lead by fear or lead because people want to follow.
Throughout my career in small companies and large, I’ve always been appalled by the number of people who have a negative attitude or complain all the time. These people don’t seem to realize that they are hurting themselves, as well as other people’s productivity, and jeopardize the future of the company they are working for. I’ve always thought that I might be overly sensitive, until I saw an article about bad bosses a few years ago by The Business Journals , which claims that many employees sp
Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.
In my experience with business leaders, real innovation thinking is rare, compared to the urge to add just one more feature to an existing product, or make a small tweak to an existing business model. I call this linear thinking , and it’s a sure way to be ultimately overrun by your competition. I’m convinced this doesn’t have to happen if you are willing to adopt an innovation mindset.
A perfect storm is an expression that describes an event where a rare combination of circumstances aggravates an environment drastically. In the entrepreneur world, I feel we are in such a situation now for new startups, with the confluence of business transformations, the explosion of new digital technologies, and the political turmoil around the world.
Real innovation in the business world is still rare. As I’ve said before, everyone talks about innovation, but the majority of new business plans I see still reflect linear thinking – one more social network with more features, another smartphone app for marketing, or one more platform for faster e-commerce. Historic changes and great successes don’t come from linear thinking.
Real innovation in the business world is still rare. As I’ve said before, everyone talks about innovation, but the majority of new business plans I see still reflect linear thinking – one more social network with more features, another smartphone app for marketing, or one more platform for faster e-commerce. Historic changes and great successes don’t come from linear thinking.
Every entrepreneur can learn from a mentor, no matter how confident or successful they have been to date. Most people don’t know that billionaire Mark Zuckerberg , for example, gives real credit to the inspiring mentorship of Steve Jobs for Mark’s Facebook success. Yet most entrepreneurs simply don’t know how to work with a mentor. It is not as simple as one person giving the other all the right answers.
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