This article is focused specifically on venture-backed startup CEOs and leaders (rather than small- and medium-sized businesses not focused on raising venture capital.) Here are what I believe are the 10 most important attributes of building an extraordinary venture-scale business. 1. See the world differently This means being a contrarian in an established market or…
Category: Startups
Capital as a Service: The Next Fintech Startup Opportunity
The global lending market is massive. In the U.S. alone, small businesses borrow over $600 billion annually and banks hold over $1.5 trillion in consumer loans. Yet despite market size, building a profitable, scalable lending startup is challenging because it requires running a capital markets business in addition to running one’s core business. Take LendingClub…
Highest Contribution Entrepreneurship: 3 Questions Every CEO Should Ask
The keys to sustained success of every great company can be distilled down to three questions. Highest Contribution Strategy Question #1: Are we as a business working on our highest contribution strategic initiative? Amazon won the battle for the world’s biggest online book store before the company won the right to build Amazon Web Services….