Why Corporate Innovation Teams Should Launch Universities
The price of higher education has increased at rates far greater than both average inflation and the wages at which graduates earn. Despite the spending increase by students, many have a hard time finding work after graduating. In addition, studies have shown employers find graduates …
Do Customers Know What They Want?
One of the most common critiques I hear of Lean and customer development principles is that customers don’t know what they want until you show it to them. There are examples that would indicate that customers know what they want, and there are examples that …
A New Definition of Wealth
Widening Wealth Gap Services are being automated and globalized. Robots and drones are replacing human jobs. New technologies make old technologies, and the corresponding jobs, irrelevant. In this environment, the wealthy and skilled have more opportunity to multiply their wealth and widen the gap between …
6 Ways Stoicism Applies to Entrepreneurship
I just finished reading a really awesome book about a philosophy called Stoicism. I’ve heard that Stoicism is practiced by several successful entrepreneurs. I like and agree with a lot of what Stoics recommend for achieving happiness and living life. Below are six sets of …
The First Step to Take After Coming up with a Startup Idea
I’ve been looking for and starting businesses since I was a kid. In middle school I even had a business wholesaling vending machine goods hah. As I grew older I began thinking of more complex and technology driven ideas. After coming up with such ideas, …
Customer Development: 14 Best Ways to Find Customers to Interview
You might have the best new product idea in the world, but until you find customers, it’s not actually a business. It’s important to find customers and conduct customer development interviews so that you can be sure you’re building something that people actually want and …
9 Factors for evaluating business ideas and opportunities
Since I was a kid I’ve been looking for new business ideas. In middle school I even started vending machine product wholesaling business hah. As I’ve grown older (and wiser ha) I’ve learned to screen and evaluate opportunities more effectively. Different people will have different …
Why I stopped watching the news
Update 2/7/18: I replaced the article that originally lived on this page (“Why I stopped watching the news”) with an article I wrote more recently. The updated article below was originally titled “Staying Sane in an Insane World.” It was published on Medium on December …
4 Second Mover Advantages: Why competitive markets can make for great companies
The “second mover advantage” is the advantage a company gets from following others in to a market or mimicking an existing product. Being a first mover is often attractive to entrepreneurs and investors because of the upside potential and ability to capture and sustain market …
How Wiley Cerilli Used Customer Development in Building SinglePlatform
My latest via Huffington Post: http://www.huffingtonpost.com/michael-b-fishbein/how-wiley-cerilli-used-cu_b_3631671.html I knew SinglePlatform was an awesome company, but I didn’t realize quite how awesome until having this conversation with the Founder and CEO, Wiley Cerilli. SinglePlatform eventually sold for $100 million, making it one of the great NYC success stories. …