Entrepreneurs Want Accountability Without a Board

After talking with dozens of entrepreneurs in Entrepreneurs’ Organization and EO Accelerator, I’ve learned that most bootstrapped companies don’t have a formal board of directors. This makes sense as these are bootstrapped companies, and many would be described as lifestyle businesses. Here’s the interesting part: when I talk to these same entrepreneurs, they want more…

When Good People Work on Bad Startups

Most startups aren’t bad and I’m not usually the best judge but I’ve seen some really good people work on bad startups. By bad startup I mean ones that languish for an extended period of time on an idea that isn’t working. Here are a few reasons why good people work on bad startups: The…

Time Series Analytics in Startups

I heard a term the other day that made me pause and think that it needs to be discussed more frequently: time series analytics. It simply means taking snapshots of data on a regular basis (e.g. daily) and then using it for reporting and decision making. Most startups build web apps that solve problems and…

Every Startup CEO Should Learn to Write Code

When I first started out in December of 2000 my goal was to build a Software-as-a-Service (SaaS) content management system for small businesses (see Iterate or Die). I had been building simple HTML (CSS wasn’t even part of the equation then)┬ásites for three years but didn’t know how to write code. At the time, I…

My First Meeting with Sig

Sig Mosley is the god father of angel investing in Atlanta. At a GA Tech football dinner I attended last fall, John Imlay, for whom Sig manages Imlay Investments, stood up and said they they’ve invested in over 120 technology companies over the course of nearly 20 years. Investing in 120 companies in Atlanta and…

My Time as a Sports Card Collectibles Dealer

After my time as a flea market dealer I decided to become a sports card collectibles dealer. It seemed simple: buy low and sell high. I was still in high school, had a car, and most importantly had the internet. The strategy was to buy sports cards that were desired locally from people in other…