Small fish big pond dating
Ipsy: Sending boxes of makeup to amateur beauticians has become a growth industry thanks to pioneers like Birchbox.You Tube star Michelle Phan didn’t have first-mover advantage, but she leveraged her online celebrity (8 million You Tube subscribers), relationships with cosmetics brands and Shutter Stock: Jon Oringer was a professional software developer and an amateur photographer.Mail Chimp, a 0 million run rate business, was born.Lynda: Lynda Weinman started as a teacher in need of tools to instruct web designers in the late 1990s.
None of the companies that follow reinvented the wheel, but all wound up creating real value.
Venture capital is a hell of a drug, and it’s possible to overdose on VC, but for most founders that is a champagne problem.
More often the question investors hear is “how do I get a VC to back my startup?
Remember, taking venture capital should be a choice, not a compulsion. You don’t need venture capital to get started in most industries if you can solve a real problem for customers and charge money for it.
Here are three ways to think about this: Automate your workflow The easiest way to build a useful product is to automate some part of your daily workflow.
Now his e-commerce empire employs 154 and has revenues of $32 million per year.