You Must Sail The Seas startup communities thoughts

I’m from Iceland, a small Island in the North Atlantic Ocean with a population of only 320.000 people, beautiful nature and harsh living conditions (at least for previous generations who didn’t have our modern comforts). I, like most Icelanders, am very proud of being Icelandic but...

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Visit Iceland the Country of Fire Ice and Startups iceland startup communities

Dear entrepreneur,

I want to invite you to visit me in Iceland in May, where you will get an introduction to the startup scene, meet up with some awesome entrepreneurs, have a few beers and experience Iceland.

Many of my entrepreneurial friends from all over the world have in the...

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The Holistic Founder health life startup communities thoughts

I just learned a new word in english that has helped me sum up the relationship between the founder and his or her business, the word is “Holistic” and in my dictionary it is defined:

“characterized by the belief that the parts of something are intimately interconnected...

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Mars Communitech and The Toronto Startup Scene life startup communities

When visiting new cities I always enjoy checking out the startup hubs and see what I can learn from them. In this case I made a special trip to Toronto just to check out what I had heard was the most lively startup environment in Canada. Unfortunately I wasn’t able to meet up with...

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Be Willing To Ask For Help life startup communities thoughts

“If You Want To Go Fast, Go Alone. If You Want To Go Far, Go Together”

It’s very important to be humble, know when you can’t do things by yourself and then be unafraid of asking for help.

I have currently hit a wall in the sense that my company has been growing and...

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15 Warning Signs That Your Startup Is In Trouble

If you are a founder in the early stages (first 18-24 months) of running your startup then you should keep your eyes open for these 10 warning signs. Any one of them can eventually kill your company.

1. You work from 9 to 5.
If you think starting a company is similar to working for somebody...

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Startups Are Like Ticking Time Bombs startup communities thoughts

The best way to describe running a startup is by comparing it to a ticking time bomb in a James Bond movie. For some reason you’re never able to deactivate the bomb until the last possible second.

In movies they do it to create suspense for the audience but in startups I feel like...

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Funding The Measurement Of Success funding startup communities thoughts

I love working in the startup environment, where anything is possible and positivity flows in abundance. However I feel like there has become too much focus on funding. I see young startups work towards getting funding and celebrating when they do as if they have won the jackpot and I see...

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You're Not An Entrepreneur Until You've Had A Mental Breakdown health life startup communities thoughts

One of my favorite saying these days is;

“You’re not an entrepreneur until you’ve had a mental breakdown”.

I say it jokingly but there is a big truth behind it. After having been a business owner for 10+ years I have had to go through some trying times. I have...

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The Search For The Icelandic VCs funding startup communities

When I started up my company 4 years ago in Iceland I tried to find VCs to invest in it, I realized that nobody invested in newly started companies. You had to prove yourself and your company before you could get investors. So I bootstrapped, worked extreme hours and in only three years...

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The Homeless CEO iceland life

 

I just moved into an apartment yesterday that I can actually call my home.

For most people that isn’t a big deal but it is for me, because I have over the last 10 years sacrificed comfort for the possibility of creating a successful company. I have literally put every cent I...

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Paint Your Logo On The Wall startup communities

There is a catchphrase that is often used with early stage startups that I really do like..

“fake it, till you make it”

It’s one of those things that has much more wisdom to it then the six words would suggest. Sometimes you just have to act as if you were a bit further...

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