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The StartupNation Blog

Trends, tips and real-life anecdotes from industry experts

When raising money, use the Goldilocks Approach

Love the instincts and wisdom you entrepreneurs demonstrated in the “Show Me the Money!” blog challenge! There are two really important principles to remember when seeking funding for your business. 1. Make sure you have an ‘alignment of interests.’ This is when you and the provider of the money have similar goals for the investment. [...]

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Serial College Dropouts Anonymous

I was just part of a mass email from my buddy Tom, who is an awesome guy and also has an unreal golf swing. Here’s the first paragraph: — An unholy event has occured about which some of you have already heard rumors. I wanted to clear things up right away before anything gets out [...]

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He shows you the money (but do you take it?)

Today’s Scenario: You’ve been unemployed for three months, but you’re doing something about it. Yes, you’re ready to take control of your destiny and start up your own business. You’ve come up with a life plan after poring over the simple process we provided you in our life-changing book. (shameless plug) You’ve also developed a [...]

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Start Your Dream Business Through Your Own Daily Experiences

The inspiration for starting a business can come from so many different sources. It happens every day and very often it is spawned from our daily experiences. The two inventor winners from our StartupNation/INPEX promotion, Dave Hammond and James Acevedo, came up with their inspiration through their vocations. Dave was a medic in Vietnam and [...]

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Are you willing to say, "Don’t buy that from me."?

A customer walks in the door of your boutique pet store. Even though there are four national brand "big box" pet product retailers in your vicinity, this customer chose to come to YOUR store. Cool. She’s looking for a dog toy to keep her dog occupied during the day while she’s at work. She strolls [...]

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The Extra Mile

You know that friend of yours who everyone wants to be around? That’s my friend Johnny. Not only is his warm and laid-back personality magnetic, but he is consistently surprising me with those little extra steps he takes. Its often that "extra mile" that can make a difference between huge success and middling achievement, and [...]

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Are You LinkedIn?

A few years ago, my co-worker Ryan and I were discussing fun business ideas over a sushi lunch. What if there were a way to leverage the connections of our first-degree relationships, for either business or personal reasons? Maybe you could find a new customer, maybe a new girlfriend – and because you could see [...]

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A business practice we admire – Classy Follow Up

As you know, we’ve been blazing trails all over the country on our book tour. Along the way, we’ve been reminded of a business practice we recommend you consider adding to your mix. It’s a really simple one. We call it, "Classy Follow Up." After our recent Denver appearance, we received the kindest correspondence from [...]

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Entrepreneurs that LOVE America

If you’ve ever travelled overseas, you might agree: we believe there’s no country on earth that sets the table for entrepreneurs quite like America. Faisal Hazime knows this. We snapped this photo of him (with a Verizon Treo) at his restaurant, Pita Cafe. He’s proudly holding the StartupNation book — he’s mentioned on page XIV [...]

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Start With A Plan

Over the Memorial Day weekend, we built a wooden play structure from a kit. It is very hard work and I learned a couple of important things: 1) Carpenters and landscapers probably don’t have very nice fingernails or soft hands. 2) You really need a plan. Without the instruction manual, we would have had no [...]

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Careful if you’re seated next to a Sloan brother!

We were on a bunch of flights last week on our book tour, Everywhere we went, we asked people if they’ve got a good idea for a business. Pretty much EVERYONE said, "yes." But they also hemmed and hawed and gave all sorts of reasons why they either "won’t" start up, "would have, but…", "can’t", [...]

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Your Summer Internship

A quick note: if you’ve made your way over here from thefacebook.com, look me up on U of M’s campus. Another quick note: the new Coldplay album is unbelievably great. Anyways, its that time again. Finals are over, the birds and the bees are falling in love, and you’re a few weeks into your summer [...]

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Road Trip!!!!

Our L.A. – San Fran – Chicago road trip is complete. Actually, it involved 4 flights ending up back at the StartupNation HQ in Michigan. What a blast we had! The photo is from our chicago breakfast panel sponsored by Washington Mutual. Entrepreneurs were IN THE HOUSE! and they were looking for answers to their [...]

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Process. Product. Passion.

Ok, this is one of those "way out there" entries, but stick with me. It’s good stuff. My friend Rob and I didn’t start getting to know each other until about 3 weeks before he graduated, and it’s a shame, because I love talking to him. Besides being incredibly cool and having "success" written all [...]

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Office Hours

Where do the hours go? One of the things I like best about working at home is making my own schedule. I decide when to write, when to read and when to act. Sometimes I am writing copy, or blogging at 11pm. Other times, my schedule doesn’t fit with my client’s schedule and I am [...]

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Entrepreneurs just can’t keep quiet

I was just nestling in to my seat on the plane to Denver last week as I introduced myself to the gentleman sitting next to me. This guy was the talkative sort. Sometimes you spend a plane ride just saying hello & then each person focuses on their own thing. But Scott wanted to hear [...]

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Book tour update – encouraging feedback

Well, we got a great review in Publisher’s Weekly. That’s going to help build momentum a lot! One great idea we got from the community is to create a contest to see who in our community could sell the most books (through referrals) and to reward that person with 2 hours of one-on-one business coaching. [...]

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Entrepreneurship and Giving

I’m skipping classes this week. I even missed an assignment. And its especially bad because during spring semester, everything moves twice as fast. But… I’m in London for a Charisma Sciences seminar we’re holding here, and I’m having a blast! We’re booked at a pretty hip hotel – last night we hung out with Moby [...]

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The beginning of our book tour

By now you’ve probably heard, StartupNation: Open for Business is now on book shelves across the country. In it you’ll read great stories about entrepreneurs who’ve succeeded and the techniques and strategies that helped them win that success. We’re in Denver kicking off our book tour – next week we’re in San Fran, L.A. and [...]

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Reach out and touch someone

One service we provide at my company, Charisma Sciences, is phone coaching. Guys call us from all over the world and we used to just give out our cell phone numbers. This worked for some time but we were losing some international customers. Then I discovered Skype. Skype is a piece of free, peer-to-peer software [...]

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