As I’ve said before, there’s nothing like the rush of that lightbulb moment when a great idea arrives. I’ve experienced it myself several times. It’s the best part of being an entrepreneur. Everything that follows is hard work. ... Read on.
Two recent occurrences serve as signals that we’re at a marketing crossroads. In June, Amazon announced that it had offered to buy Whole Foods for $13.7 billion. Two weeks earlier, at Walmart’s 47th Annual Shareholders Meeting, President and CEO Doug McMillon vowed to make the company “people-led and tech-empowered” with enhanced capabilities for online ordering and better delivery options. (Walmart was also rumored to be a potential Whole Foods suitor.) ... Read on.
There are basically two types of venture capitalists. The first wants to make a difference by building something. The second just wants purely to make a financial gain. ... Read on.
Sometimes it feels like I’m preaching to the choir on the pitfalls of digital marketing. But I think it’s important to keep the sermons coming because the choir is growing larger and louder all the time. Here are a couple recent examples. ... Read on.
It’s one of those basic rules like “i before e except after c.” Only in this case it should be “c-level hires before IPO buyers — always.” ... Read on.
For years, the top three foreign languages taught in U.S. public schools have been Spanish, French and German. One language that isn’t on the list — but should be — is Business, with a capital B. ... Read on.
The best part of any startup is the aha! moment. Insight and clarity arrive spontaneously, as if by magic, and innovation is born. ... Read on.
I apologize for our recent radio silence. It was due in part to our focus on securing $15 million in Series B funding. But there was another reason, which I’ll reveal with a sneak peek at the press release that’s going out tomorrow. ... Read on.
A recent Business Insider piece provided grisly details of the “death spiral” at Sears, the legacy retail chain that has devolved from iconic to irrelevant. The story came on the heels of an announced 150 store closings, including 108 Kmarts. (That gives you a hint of the problem right there — although it was Kmart that acquired Sears in 2004, the new corporation took the name Sears Holdings.) ... Read on.
Once, during a panel discussion, someone asked me why I got into venture capital. I told them it was for the privilege of working with entrepreneurs who have the vision to see what doesn’t exist yet, the enthusiasm to will it into being and the courage to fail in front of everybody they know — and many more they don’t know. ... Read on.