Category: Entrepreneurship

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, …

Lessons in Entrepreneurship - Reagan Pollack

Ask yourself, why this particular startup, now?

In today’s highly competitive, and frankly oversaturated world, simply launching something new isn’t enough to secure your spot in the top of someone’s mind. As an entrepreneur, we need to get past our ability to launch a new product or service, and before we even begin, ask a simple question – why now? Every successful …

Uber, Lyft & AirBnb – the Access Economy of the Future

Everything you want – just one click away The promise of Web 2.0 circa 2004-2007, characterized by a major structural shift from top-down content generation, to bottom-up content creation and dissemination across new platforms, gave rise to a new way of thinking about the creation and delivery method of valuable information and access. With social …