614StartUps

Entrepreneurship

Build Your Company Before Helping To Build The Ecosystem

Written by Ryan Frederick of AWH Founders do not have an obligation to help build their local startup ecosystem. In fact, I would argue that the founders and startups that have the most impact on their local startup ecosystem spend

Founder Stories

Shipping and Shopping

Founders of startups who are raising funding for their companies can feel like they are the only ones who are fighting an uphill battle when it comes to balancing shipping their product and shopping it for backing. But this isn’t

Entrepreneurship

Being A Founder Doesn’t Define You

Written by Ryan Frederick of AWH Creating anything is hard. Creating something that is commercially successful is ridiculously hard. Starting a company is irrational. I write about this in my book The Founder’s Manual. It is irrational because most products

Entrepreneurship

The Best Founders Are The Unintentional Ones

by Ryan Frederick of AWH

Now that we have a startup industry and successful founders are business icons and cultural celebrities, being a founder is of interest to more people. The problem is the best and most successful founders never intended to do so.

I’ve had the opportunity to meet and speak with thousands of founders through our work building digital products and solving data problems at AWH, my involvement with Startup Grind, angel investing, and speaking about creating products and companies. The one constant is that the best founders, and the ones who have the best chance of their companies succeeding, never intended to become a founder and to start a company.

Founder Stories

The Saga Continues

It’s 10pm Monday night and I am fried. I just finished taking my daughter’s braids out and her mom has taken over to do her hair for school. I should go to bed but I can’t. I have a full day of work ahead of me at National Church Residences, this week’s episode with Naveed Iqbal of Dolr is in post-production, I have to send show notes to Ski for next week’s episode with Sam Baddoo of Fleri, I just read Module 1 and have assignments due for my ENG205 class at Franklin, I spoke with Joelle Brock of Leading Edje today and she asked if she was on the right email newsletter because she hasn’t seen any episodes lately, and I am over here obsessing about your freaking customer journey in preparation for my meeting with Mike Faga of Studio MFP in order to Double My Success in 90 days. Oh, did I mention that I need to close on some sponsorships so that we can live to fight another month?

Entrepreneurship

Keeping up with the IPO Jones

by Ryan Frederick of AWH

Professional jealousy is powerful. We want the title, money, power and perceived respect that go along with those things. People climb ladders and play corporate politics to advance ahead of others. Some companies foster a super competitive environment that endorses, tacitly or not, team members vying for coveted positions and recognition. Does it work and is it good for the company and the team members? I don’t think it is, but many company leaders do.

Entrepreneurship

Investor FOMO

Sponsored Post by Ryan Frederick of AWH

Investors can be elusive and misunderstood by many Founders. There is a great mystery behind how some founders and startups manage to get access to investors and funding from them while others don’t. For many Founders and startups, working the normal process, if there even is one, doesn’t get them access and awareness with investors, let alone the funding they are seeking. The truth is, investors are just like everyone else and they don’t want to miss out on a good thing. The more Founders can create the fear of missing out (FOMO) with investors the more likely they are to get funding for their company.

Entrepreneurship

URBAN ACCELERATOR X HOSTS VIRTUAL OHIO SMALL BUSINESS DAY

Columbus, Ohio — Leadership of Columbus-based Urban Accelerator X today released the schedule for their virtual event, Ohio Small Business Day, set for this Thursday, November 19th, 8:30AM-4:30 PM. The statewide virtual event brings together business leaders from around Ohio, offering a day of education and entertainment for urban businesses, especially women and minority business owners. The day is free to attend; donations will be accepted throughout the day to support programs primarily targeting women and minority businesses.

Entrepreneurship

Heads-up, Heads-down

Founders who get too caught up in too much heads-down or heads-up work reduce the chances of their product and company being successful. Founders, probably even more than anyone else, need to find the balance between heads-down and heads-up work as everything for a new product and company is a balance between the now and the future. Too much focus on either tips the scale too far to one side which inhibits a startups ability to gain short-term traction toward long-term viability.

Founder Stories

Founders Leaving

Founders leaving a company can send shock waves, especially if it’s sudden. All Founder exits are not necessarily bad for the Founder or the company. In the best situations, a Founder’s departure is both strategic and mutual.

Founders leave companies for a variety of reasons that can range from the company evolving to a point where they need professional management beyond the Founder’s current capability or desire, to the company is woefully underperforming and the board members decide on the change to try to get the company back on track. It would be great if all Founder departures were based on performance relative to the stage of the company and expectations, but of course, we know this isn’t always the case when there are people involved who bring their ego and other self-interests into the mix.

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