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PODCAST

School for Startups Minutes

jim@schoolforstartups.com (Jim Beach)

The short vignettes are taken from School for Startups Radio. We release a quick thought to motivate or educate you about a different facet of entrepreneurship every day.

business business news

All Episodes

01:31

SFS Minute 678: Online Communities

School for Startups Minutes ·

2025/04/09

The last place to look online communities like looking to partner up and Founders list. So, great resources, lots of places to find a co-founder, but consider this just because you give them the title. Doesn't mean you have to give them that much Equity. Sometimes you satisfy their ego with the title, that's really all they want. And so giving them a bunch of equity is not necessarily part of the equation, see if you can give them the title and only 10 percent.

EN

01:31

SFS Minute 677: IRL!

School for Startups Minutes ·

2025/04/09

I've already mentioned that you should use your personal network. When looking for an entrepreneur, the problem with that is, you'll probably end up with a friend and that's not ideal. Instead, go to entrepreneur classes, networking events, University events, where other entrepreneurs are, and try to make a new friend and a co-founder

EN

01:31

SFS Minute 676: Matchmaking Sites

School for Startups Minutes ·

2025/04/09

If you're considering a tech startup this is definitely the method for you. There are several platforms that have great subgroups for finding co-founders. One is the YC co-founder matching platform and another is the co-founders lab. great places to look for technical co-founders.

EN

01:31

SFS Minute 675: Social Networks

School for Startups Minutes ·

2025/04/09

My second idea for finding a co-founder is to use your social networks, like Twitter and Linkedln. And Reddit.com has a great subgroup devoted to this exact topic.

EN

01:31

SFS Minute 674: Personal Network

School for Startups Minutes ·

2025/04/07

This year we are going through every single step that you need to take to start a successful business. We've worked our way up to discussing co-founders, whether you should have one or not. Today, I'm going to start a series on how to find your co founder. I'll start with the first tip right after this. The first way to find a co-founder is the old-fashioned way through your personal Network, simply by telling your friends asking around. Telling people that the chamber that sort of thing, maybe a

EN

01:31

SFS Minute 673: Copy!

School for Startups Minutes ·

2025/04/04

The best way to get a new business idea is to copy it, read a magazine, find someone that's doing something you like and do it yourself. Of course we're not going to copy any trademarks copyrights or patents, but copying is the best way to get started and Jeff Bezos. Never had a pest collection.

EN

01:31

SFS Minute 672: Solve Own Problem

School for Startups Minutes ·

2025/04/03

I sort of gave it away. When I mentioned problems, twice in the introduction to find a new business idea, solve one of your own problems. So many businesses have been founded on this principle, Jeff Bezos supposably started Amazon so he could sell his Pest collection.

EN

01:31

SFS Minute 671: Network Intersection

School for Startups Minutes ·

2025/04/02

One way to get a new business idea is to study your existing Network and skill set. So for example, if you go on Linkedln and find out that you have a hundred connections with purchasing managers, And you have strong experience in purchasing and Logistics, you should probably start some sort of purchasing and Logistics business. Now it may not sound fun and exciting to you. But it will be when you've made that first million dollars.

EN

01:31

SFS Minute 670: Gold Rush

School for Startups Minutes ·

2025/04/01

Who made the most money off the California Gold Rush. It wasn't the miners. It was Levi Strauss, in the people that sold shovels. Using that model today. We should study the existing Marketplaces and look for air areas that we can provide support, backbone, infrastructure, things that don't go away. Even when a boomer bust cycle might, let's call this technique support the Gold Rush.

EN

01:31

SFS Minute 669: Passion

School for Startups Minutes ·

2025/03/31

So far this year, we have been going step by step through everything you need to do and think about to start a new business. The model that we have been following is a low risk model where you try to start your business for under 5 000 this week. We're going to talk about perhaps one of the most important pieces. The creativity, how to get a new business idea. I'll save the best one for Friday, but will work our way up. I'll give you the first one right after this. One way to get a new business

EN

SFS Minute 668: Credibility

School for Startups Minutes ·

2025/03/21

Skills and a great Network, a good co-founder can also bring credibility to the table. I once did business with a retired two-star General. He was colon Powell's Chief of Staff and I have never seen anyone as good at getting meetings and getting into places that had previously been closed. Apparently, lots of people want to talk to and meet a retired General. Credibility can do a lot to help you grow your new business

EN

01:31

SFS Minute 667: Tech star or site

School for Startups Minutes ·

2025/03/21

We've talked about bootstrapping during the last couple of weeks because it's such an important idea. It is starting a business with as little money as possible, it allows you to test your idea. Hopefully, for under 5 thousand dollars, one of the Lynch pins of that is having someone on the team that can build technology for you can build your website's for you. Perhaps even do product design that person deserves to be a co-founder. So I highly suggest bringing on your Tech person as a co-founder to

EN

01:31

SFS Minute 666: Balance skills

School for Startups Minutes ·

2025/03/21

Another big consideration with co-founders is whether they bring a new skill set to the table or whether they balance your personality and your skill set. I had a co-founder with my very first business because I was too shy to make telephone calls and he was great at telephone calls that worked out really well for a while

EN

01:31

SFS Minute 665: Bring connections

School for Startups Minutes ·

2025/03/21

Another reason you might bring on a co-founder is because of their connections or their Network sometimes that's worth more than the money.

EN

01:31

SFS Minute 664: Bring money

School for Startups Minutes ·

2025/03/21

So far this year, we have been going through all of the things you need to do and consider before starting a new business. I want you to have thought about every single thing so that you don't make any mistakes and your successful in your new startup. Remember we believe in low risk startups, meaning that we're gonna try to do everything we can for under 5 000 dollars this week. I want to talk about co-founders, should you have one? Is it a good idea? What are the long-term benefits and problems.

EN

01:31

SFS Minute 663: Equity and Control

School for Startups Minutes ·

2025/03/21

When you bootstrap, you do not go raise money from outside sources. That's just definitional. And so you maintain much more Equity and control in the long term. Getting that money early on May seem like a Panacea, but the consequences long term you lose equity.

EN

01:31

SFS Minute 662: Richer

School for Startups Minutes ·

2025/03/21

The opposite of bootstrapping is raising Capital either through angels or Venture capital. The media loves that story. It's really a sexy headline, new firm raises 12 million dollars in Venture funding. What they leave out is that the entrepreneur probably had to give away 70 or even 80 percent of the business to get that money. If you bootstrap, you maintain all of the equity and in the end, you end u a lot richer.

EN

01:31

SFS Minute 661: Customers Shaped

School for Startups Minutes ·

2025/03/21

When do you bootstrap, you are desperate to get those first sales or you go out of business so you listen to your customers so much more, their feedback is so much more critical because you are desperate for their money and because of that your product gets so much better. The process of talking to the customers is the best thing you can do.

EN

01:31

SFS Minute 660: Frugal

School for Startups Minutes ·

2025/03/21

When you have a lot of money, you spend it in stupid ways. So you're better to bootstrap where you're forced to be frugal. I raised millions of dollars about 20 years ago and bought four of those laser logo projection systems that project your logo onto the wall zero Roi. I just thought it was cool. I was stupid. When you have money, you waste it. You're better to boost strap and be frugal.

EN

01:31

SFS Minute 659: Customer funding

School for Startups Minutes ·

2025/03/21

This week we are going through every single thing you need to do to start a business, even if you have no money and no idea this week, we are going through bootstrapping. We talked a little bit about it last week and this week, we're going to dive into the why the benefits of bootstrapping. To refresh bootstrapping is the process of starting a business with as little money as possible. One of the ways we recommend doing that is to get customer funding, to have your first customers. Give you some of

EN

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