Founders generally fall in the category of knowing enough to see an opportunity, but not enough to see the obstacles. Which is normal, as otherwise they wouldn’t start in the first place, but this means that they need to rely on a community of people to get feedback, guidance and to learn from others experiences.
I’ve had a couple of instances of late where entrepreneurs with very viable businesses are told that their idea is not feasible, not scaleable or not worth their while. It normally comes from a VC (or incubator). The advice is not wrong – possibly misplaced – but the one thing you need to be very aware of is the motivations and perspectives of the person giving you advice. Continue reading →
This is an awesome TED Talk on how we are merging with technologies. While it covers space / time continuums and worm holes, it also has some great analogies on how tools originally extended us physically and technology extends us mentally. Highly Recommend.
I spent 4 years working on luxury superyachts (or megayachts or gigayachts) and every time someone I know is thinking about it I end up having the same conversation with them. I’ve decided to stop doing that and put everything that I’d normally say into this post. This is everything you need to know about working on superyachts, all in one place.
I’ve never really thought of myself as an overly creative type, more of a logical problem solver or realist. Having said that, I’d say that it’s more accurate to categorise entrepreneurs as artists than as businessmen.
The term “business”, brings to mind a corporate office, managers, suits and a hierarchal environment and structure. It’s the rat race. The political process called ‘the corporate ladder’ and it speaks to long repetitive hours of grind as you steadily move your way up.
Which is a better environment to launch a startup? It’s a good question and to get a general idea, the best thing to do would be to look at international standards of how startup locations are measured. There was a recent report the the Startup Genome Project who listed the top 20 startup locations around the world. Cape Town and Johannesburg both made it into the top 40 (not 20) but I thought it would be interesting to measure them on the same metrics used in the report and see how they compare:
The hardest part about finding a name for a startup is finding a decent free domain. In most cases, the available domains is one of the main determining factors for which name you choose. With an awesome domain normally going for over $10 000 US it’s no wonder why startups are looking for variations away from the norm. The global village doesn’t help much either…