If you think you have an original idea, think again. There’s a very, very good chance it’s already being worked on. It might not be identical, but it’s likely very close. If no one else is already working on the idea you have, there’s a good chance it’s a bad one. Fundamentally, you should never […]
How to Balance Between Loving Your Startup Idea and Taking Feedback
Although we’ve just started meeting entrepreneurs for Year One Labs some clear patterns are emerging. As I listen to entrepreneurs pitch their startups I think about all the pitches and meetings I’ve done with investors, customers, partners, etc. It’s not easy. One of the toughest things for entrepreneurs to do is take feedback. But investors […]
7 Key Points for Brainstorming Startup Ideas
One of my favorite exercises is brainstorming startup ideas with other entrepreneurs. You can gain a lot of value from a fresh perspective. When “pitched an idea” for brainstorming or feedback I tend to go through the same 7 key points and questions each time. That tends to spur strong discussion, new ideas and new […]
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