Crowdfunding, a combination of online fundraising and marketing, is a powerful way to raise money from strangers for all sorts of projects.
It takes a lot to start something.
Stock options are a way of giving employees a piece of ownership in a business.
Subscriptions are a popular business model, because they enable companies to learn a lot about their customers, and increase their loyalty over time.
Your brand is your name, and your reputation.
Evangelists are people who use their charisma and personality to build innovative products and organizations.
Agile businesses are those that try to develop a culture of moving fast and improving their products quickly.
Venture Capitalists are investors who pump millions of dollars into fast growing startups, hoping they’ll grow quickly and become huge successes.
Focus means not getting distracted from your main objectives. Execution means getting things done – the things you need to get done.
Pivoting is making whatever changes you must, however dramatic, to reinvent your business if it stops working.