People get excited about outliers – companies like Twitter and Facebook – who command a lot of attention and have astronomical valuations. 99.999% of startups are nothing like Twitter and Facebook. If you have great idea, focus on building a real business – with a real revenue model. In this 3 minute video, I discuss why.
If you’re interested in more details about building a financial model, I encourage you to read Mike Samson’s post in the crowdSPRING blog – 10 thoughts for small businesses and startups on financial modeling.
If you’re enjoying these videos, I ask for a small favor in return. Leave a comment with a suggestion or question or retweet this post (or both). And if there are particular topics you’d like to hear about – please let me know in the comments.
subscribe via RSS
subscribe via e-mail
follow me on Twitter
find me on Linked-in
{ 2 comments… read them below or add one }
Ross,
These videos are so simple yet so insightful. I love them. I’m sure these are going to build a following. You’ve got me hooked
Thanks, Marshall. Some (hopefully) good topics coming up this week include: mistakes, raising money, and bootstrapping.