Ideas

Startup Forecasting - How to easily build your startup financial proforma

Startup Forecasting (the easy way)

Happy New Year and welcome back to my Startup Tip of the Day. I remember being 20 years old, sitting in front of a blank Excel spreadsheet without a clue in the world as to how I was going to build an accurate forecast for my first startup. Without proven revenues or associated costs, the …

Ready to give up? Just wait a second.

Startups — The Ultimate Video Game It’s the end of the year — end of a decade to be exact — and that’s the time when many Founders find themselves asking the hardest question that they’ll ever face — should I just give up on my startup? After running four startups, managing teams, and seeing …

Top 5 FAQs from 2019 Entrepreneurs

Looking back on 2019, I’ve had the privilege of speaking with and advising many different entrepreneurs. I’ve compiled my list of the top 5 most frequently asked questions asked by founders:  1. Do you think this is a “good” business idea?  What’s interesting, is that the most frequently asked question of “Do you think this …

Gratitude Positive Thinking Entrepreneur Reagan Pollack

How Great Advice Leads to Inaction (and how to fix it)

What’s the power of a thought?  Everywhere we turn we hear the advice, recommendations, opinions and suggestions of others — imploring us to focus harder, try with more gusto, defy the odds stacked against us, build the resolve to never give up — good advice we can usually all agree is needed to accomplish any …

Ben Horowitz, John Zimmer, A16Z, Reagan Pollack, Commonwealth Club of Silicon Valley

Culture Through Action

What exactly is corporate culture? Can we see it? Does it emanate from a business plan, an un-written code of ethics, or a placard on the wall? Last night we got to sit in on a fireside chat with Ben Horowitz (VC, Andreessen Horowitz​) and John Zimmer (Co-founder, Lyft) to discuss culture, and moreover, the …

Business Plan Idea - Entrepreneurship - Founder - Startup - Reagan Pollack

Why Good Ideas Kill Most Startups

STARTUP SECRET #1 YOU DON’T NEED A “GOOD” IDEA   While everyone’s out there hunting for the next Uber®, Airbnb®, Google® or Alibaba®, the real entrepreneurs are busy testing new concepts instead of dreaming, writing business plans, and overthinking the crap out of everything. Entrepreneur: Average Idea + Massive Action x Initial Results/Adjustments = Progress …

Entrepreneurship - Entrepreneur - Founder - Startup - Reagan Pollack

The Egoless Entrepreneur

WHAT? YOU DON’T LOVE MY IDEA? To Survive a Startup, First, Kill Your Ego If you’re the type of person, like I was in my 20s, who was seeking encouragement from others to continually reinforce your ideas, beliefs and path, get ready to get shook up when you start a company. Encouragement comes and goes, …

Reagan Pollack - George Bernard Shaw - Entrepreneur - ReaganPollack.com

Find your Entrepreneurial ‘Why (not)’​

What truly sets an Entrepreneur apart? Her ability to imagine what could be, and more importantly, her unwavering drive to bring forth a new reality to ameliorate the world. This quote by George Bernard Shaw inspired me to become an #entrepreneur when I was 19 years old. Sometimes all it takes in life is one phrase, one …

Time Management - Reagan Pollack

The Secret to Startup Time Management

Knowing what to work on when, is at the crux of successful startups. Well, no one ever told me that starting a business can be broken down into 3 key areas. It seemed like it was all happening at once, in a giant hairball of a process, and it was virtually impossible to figure out …

How Much Is your Stock Worth - Startup Tip of the Day - Reagan Pollack

How Much Is Your Stock Really Worth?

Startup Tip of the Day   One of the most confusing areas for first time founders is managing the capitalization table, often referred to as the “cap table”.   The cap table outlines all equity owners, the percentage of ownership of stock, debt or convertible debt (debt that turns into equity at a given date …