Category: Entrepreneurship

The Secret to Being a Great Founder - Reagan Pollack

The Startup Secret No One Wants You To Know

The best founders listen 2-3X more than they talk. Are you listening to your customers, suppliers, investors, and employees? How deeply are you truly listening? Listen without judgement takes patience, and also radical candor. Much of what you hear might not suit your initial assumptions, or be in alignment with your vision, plan or ego. …

The 4 Startup Bottlenecks - Reagan Pollack

The 4 Startup Bottlenecks (and how to break ’em)

Happy Monday everybody. 💡Here’s your Startup Tip of the Day: There are four (4) main areas of bottlenecks within any startup company: A. Operational B. Financial C. Social D. Intellectual 🤝Let’s Talk Social >> You’ve heard the expression, “you are the average of the five people you hang out most with”, right? ☝🏼Well, your startup’s …

Startup Tip of the Day - Good Idea - Founder - Entrepreneur - Reagan Pollack

Why Great Startups Win with Average Ideas

☝🏼What makes an idea a great business is often not the idea. You heard that right. 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 + …

Stories Sell. Features Don’t.

Happy Friday everyone! Today’s Startup Tip of the Day comes to you from my personal experience running my own startups over the past decade. 💡TIP OF THE DAY💡: STORIES SELL. FEATURES DON’T. There is a distinctive difference between a company that symbolizes something greater than the sum of their parts, and a company that just …

How Rejection Fuels Growth

I’ve had thousands of buyers turn me down over the past decade. If they all said ‘yes’, I’d have no idea if they bought because they liked the product, the price, the mission statement, my pitch, something else? I’ve been turned down by dozens of investors, but each time I got a ‘no’, I got …

Burn That Business Plan

🔥Burn That Business Plan🔥 There. I said it. You can thank me later. I talk with way too many founders who believe that if they just spend weeks and weeks researching, writing, and proving with financial charts the projected success of their startup, that it will actually come true. I hate to tell them, but …

The 3 Types of Founder Roles

If you only listen to one thing from me, listen to this 👇 We must have absolute and total focus on one thing every day when running a startup I can’t stress the importance of this anymore. There are three roles to every business: 1) Working In the Business  2) Working On the Business  3) Working …

Are You Waiting for Passion to Strike?

Most folks want to feel passion in their work, and don’t want to necessarily own or run a big business with thousands of employee headaches, board meetings, earnings calls and compliance requirements. They don’t want the endless hiring, the gut wrenching firing, the page after page HR compliance paperwork, or the “How the hell am …

Founders Fumble - Reagan Pollack

The Founder’s Fumble

When I was 20, I launched my first Internet company out of my dorm room. The idea was simple – solve the pain for emerging, un-signed music artists struggling to get ahead in their careers in the music industry, by connecting them with record labels, managers, publishers, agents, venues and music studios on one platform. …

The Top 10 Startup Flavors of Failure

PICK YOUR FLAVOR OF FAILURE:   A common fallacy among observers of entrepreneurship is that they believe that startup failure happens at the end — the culmination of a series of compounding bad decisions that leads to a singular outcome — namely dissolution. That’s not accurate. Failure happens at virtually every stage of a company, …