Entrepreneurship: Sometimes the road to fast growth is a slow one
Only about 4% of companies have the patience and perseverance to make it past the 10-year mark.
Only about 4% of companies have the patience and perseverance to make it past the 10-year mark.
But I would rather look back on this column a few years down the road and laugh than scrap the vision for Megawatt in favor of a splashy headline about pivoting to AI.
My initial thought was that we’d be better off selling funny-sounding presidential cereal.
We already have key pieces of the puzzle in place: a good business climate, reliable power and an IEDC data center incentive.
It was a celebration of community, a testament to embracing risks, and a demonstration of the surprising return on investment that comes from unconventional paths.
The transition from zero to one is daunting. What if the product doesn’t work as expected or, worse, what if no one wants what I’ve built?
In this week’s column, I focus on how we recruited Megawatt’s team, and more specifically, where I was able to find people crazy enough to join me on this startup adventure.
Birthdays serve as great opportunities for reflection, allowing us to look back at the events from the past year.
The power consumption for this process is no joke, which is why the proposed 30% tax will effectively force all American-based companies overseas.
If an idea is truly great, someone has likely thought of it before but might have hit a roadblock or moved on to something else. The real opportunity lies in overcoming those initial obstacles and finding product-market fit.
My last startup, DoubleMap, was bootstrapped, meaning that we raised zero dollars from inception to our eventual sale to Ford. So venture capital isn’t the only path to a successful outcome.
What can Indiana do to compete and win on an international level?
The truth is that I never seriously considered accepting the offer. It took me several years (and many Lyft rides) to understand why: I’m an entrepreneur.