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Category: entrepreneurship

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Startup companies


There is the startup and the company. While workers tend not to choose what they will be doing, it is though up to the employee. When should a company be started? If there is a passion and the skills, then an upstart can get going. This is not to say that companies aren’t a good path. Which will make the world a better place?

Optimizing for growth


2012 has been successful, yet the same problem continues to come up with companies growth. How do you optimize to scale, while maintaining business? While this may seem like an easily answerable statement, this is something that will be significant as smaller entrepreneurs begin to compete with regular players. With this said, thanks for stopping by the Isolated Designs’ blog and to another great year.

Consulting while bootstrapping


Zvi Band offers a very useful list of problems and preventive measures to deal with the entrepreneur who is bootstrapping and having to consult at the same time to bring in capital. Distractions, time, and what he calls the “biggest flaw” is when you hit a rough patch while consulting and the seeds of doubt begin to grow about your entrepreneurial ventures.

Some remedies:

Break up both consulting work and internal startup work into manageable chunks. That way you can mix both together in a day.
In true GTD style, write down what you need to accomplish before you start your day. It’s at that planning stage where you can put thought into how you want to balance your day.
Don’t check email so often.
Hire other people to work with you. Task one of you with with client work, and the other with internal product.
Keep track of your financials. How much consulting work do you actually need to take in this month?

Stopping out


Peter Thiel, founder of paypal and co-founder of facebook is offering a $100,000 fellowship for students who are expected to drop out of college upon receiving the award (recipients must be 20 years or younger)- Edward Tenner at the Atlantic asserts that none of the celebrity trailblazers of the web would have had the opportunity to be successful if had not been for the none dropouts that paved the way for their education and eventual departure. Interesting. Jon Marcus of Times Higher Education:

The San Francisco-based founder of PayPal and co-founder of Facebook is offering two-year fellowships of up to $100,000 (£63,800) to 20 entrepreneurs or teams of entrepreneurs aged under 20 in a worldwide competition that closes this week.

With the money, the recipients are expected to drop out of university – Thiel calls it “stopping out” – and work full time on their ideas.

“Some of the world’s most transformational technologies were created by people who stopped out of school because they had ideas that couldn’t wait until graduation,” Thiel says. “This fellowship will encourage the most brilliant and promising young people not to wait on their ideas either.”