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Designing a Recurring Revenue Model Will Help Attract Capital

<i>George Deeb is the Managing Partner at Chicago-based Red Rocket Ventures, a startup consulting and financial advisory firm based in Chicago.</i><p>One of the first things that a venture capitalist looks for in assessing an investment opportunity is the revenue model of the business. More specifically, …

Complexity and the Ten-Thousand-Hour Rule

Forty years ago, in a paper in <i>American Scientist</i>, Herbert Simon and William Chase drew one of the most famous conclusions in the study of expertise:<p>There are no instant experts in chess—certainly no instant masters or grandmasters. There appears not to be on record any case (including Bobby …

With Two Simple Rules, Twitter CEO Dick Costolo Tells How To Lead

Twitter CEO Dick Costolo has been talking a lot about how to be an effective leader, often drawing as much upon his background as a standup comic as his executive and entrepreneurial experience.<p>Today, he summed up his thoughts in a brief 10-minute talk, “How to Lead,” at the TechCrunch Disrupt …

The 6 People You Need in Your Corner

Nothing incredible is accomplished alone. You need others to help you, and you need to help others. With the right team, you can form a web of connections to make the seemingly impossible practically inevitable.<p><b>The Instigator:</b><p>Someone who pushes you, who makes you think. Who motivates you to get up …

Elon Musk: Triumph of His Will

For his entire life, Elon Musk has bent people to his insatiable will. Most recently, he's co-opted NASA. And now we'll see whether he's a) the visionary who forces americans to become explorers again, or b) a man so distracted by vision that his life's work is a series of brilliant disappointments.<p>…

Elon Musk

6 Personal Philosophies That Shaped Successful Entrepreneurs

It is through unique and forward-thinking life philosophies that entrepreneurs like Asana’s Dustin Moskovitz, Coursera’s Daphne Koller, and …

20 Things That Mentally Strong People Don't Do

I often write about the things I believe we all should be doing, trying or experimenting with in order to maximize our success and happiness. …

These Fascinating Maps Show The Origin Of Words We Use All The Time

U.S. playwright Rita Mae Brown said: "Language is the road map of a culture. It tells you where its people come from and where they are going."<p>That quote comes to mind looking at these fascinating European etymology maps of various commons words posted by reddit user sp07, which provide a kind of …

Extremely Essential Camera Skills by Rob and Lauren Lim

The fastest route to better quality photography isn’t buying a new and expensive camera with all the latest bells and whistles. It’s by mastering the …

Uber Lays Bare Our Love-Hate Relationship With Supply And Demand

Having money sometimes means a chance to move up in the line or wait till the last minute, and sometimes not: Land Rover has a 9-month wait in the US for Range Rovers, but potential buyers even those willing to fork over as much as $60,000 to jump to the front of the line don't get that …

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