Quite the Contrary . . .
Cherry Picking
It’s always cherry picking time at “Newco.” Confirmation bias is a cognitive weakness frequently observed in startups, where conditions foster its spread.
Anchors Aweigh
Anchoring behavior is the reliance on old data in the face of new, contradictory information. It is a cognitive bias frequently observed in startups.
Corporations Are People Too
Corporations are people too, especially in their obituaries. People don’t “die” and companies don’t “fail.” We have more acceptable terms to describe their . . . . passing.
Sunk Cost Fallacy
The sunk cost fallacy, chasing bad money with good, is a frequently seen entrepreneurial behavior. It can be avoided, if one can step back and properly evaluate the opportunity.
Business Ethics, Gray Areas
Ethical choices are not always obvious or easy. Sometimes one makes decisions that, in retrospect, may seem wrong.
Do Business Ethics Still Matter?
Do business ethics still matter or have some companies become too big to merit more than a slap on the wrist when they misbehave?
Canaries in the Startup Mine
There are many indicators that a startup may be going astray. Look for these virtual canaries the next time you venture into the startup mine-works.
Texts and Clicks
Give me a clicky keyboard any time. Texting fails to provide the same, comforting, multi-sensory feedback. Nothing compares to typing on my trusty NMB Technologies Hi Tek.
Is Entrepreneurship Declining?
The number of US startups is declining. Of those businesses that are created, fewer have long term growth and hiring prospects. Could funding challenges be the reason?
Food Plating Tattoos
I enjoy a good meal as much as the next guy and I don’t mind paying a lot for a delicious meal. What I do mind is a misplaced focus on food plating, where taste takes a back seat to presentation.
