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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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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Thriving On The Edge Or Falling Into The Abyss startup communities thoughts

The only way to build up a successful startup is by always stretching your and your company’s limits, so you must start becoming comfortable with living on the edge.

I remember 15 years ago when I felt horrible if I owed even a single dollar or if I didn’t have all...

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17 Things I Learned From A Business Accelerator startup communities thoughts

Recently I signed up for a business accelerator here in Canada and to tell you the truth I was very hesitant at the beginning. I had been working on my business for 4 years so the company was already profitable and I was afraid that I was too far into the process for my...

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Unique Business Cards startup communities

I just got my new business cards from the printers and I feel like they’re awesome. We wanted to do something different that would really reflect our company and we felt like nothing reflected our company better then the cottages we’re renting out and the natural beauty around them....

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Celebrating Progress health startup communities thoughts

For these past few weeks I’ve have been fighting with some fatigue as there has been much going on in my startup, a lot of stress and problems that needed my attention. Like so often when I’m in this condition I started mumbling to myself about how slowly things were going and...

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What Mentor Should You Listen To startup communities thoughts

In the last few years I have been lucky enough to get to mentor in a lot of different events and meet successful mentors from all over the world. There are few things that I enjoy more than mentoring and sharing my experience but what I find interesting about these mentoring sessions is that when...

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Where To Spend The Dollar startup communities thoughts

In most cases startups have very limited funding to work with and must utilize every dollar they get to make sure that their startup will survive. Let’s say your running a early stage startup and I give you X amount of money, for the sake of the article’s title let’s say I give...

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The Entrepreneur's Marathon life startup communities

All of you that have your own business know how everything happens slowly and with great effort. It’s fairly easy to compare running a business with running a marathon, you start running slowly and confidently with the end in mind and slowly build up a steady pace. To begin with...

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