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StartABiz Staff

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The 7 Elements of a Strong Business Model
Creating a business model isn’t simply about completing your business plan or determining which products to pursue. It’s about mapping out how you will create ongoing value for your customers. Where will your business idea start, how should it progress, and when will you know you’ve been successful? How will you create value for customers? Follow these simple steps to...
Why Wine is the Next Recurring Revenue Business
There are a lot of reasons to love recurring revenue in your business: It is easier to grow. It is easier to budget. It lets you sleep at night. And, it is worth a lot more money when you sell your business. I talk about the benefits of recurring revenue in my book: Great CEOs Are Lazy. But what happens when...
Start a Tech Business: How to Uncover an Unexpected (and Highly Profitable) New Vertical
You see a technology. It's interesting, but clunky. It's useful, but only partly so. You have an idea for how to use that technology to transform the way businesses do business. But which business do you choose to transform? Which market do you choose to go after? You can't do everything... so how do you decide where to focus your...
Why you never should start just one business
Levi's Insight Starting a business can not only be rewarding but also fun.  There's no better way to experience all that life has to offer than being your own boss.  But there's plenty to learn in the entrepreneur life that proves practice does make perfect.  Many doors will open and opportunities will show itself when you start your own business. ...
How to launch a successful AI startup
In September 2010, a three-person AI startup called DeepMind Technologies launched in London, with the goal of "solving intelligence." Four years later, Google acquired the company for $500 million. And by 2016, it had achieved a major victory in AI: Mastering the complex game of Go. This story represents the fantasy of many AI researchers, eager to launch their own...
Tech Startups That Are Actually Making the World a Better Place
In recent months I’ve seen Facebook posts spark workplace arguments and inaccurate tweets go viral, distorting my understanding of what’s real and what’s fiction. My cortisol levels have taken more than one roller-coaster ride when a devastating piece of information reverses itself on social media an hour later. Whatever your political persuasion, President Trump’s short time in office has...
GoDaddy Billionaire Bob Parson's 7 Tips for Entrepreneurs
Domain name registrar and Web-hosting firm GoDaddy was founded by businessman and philanthropist Bob Parsons in 1997. The colorful entrepreneur sold the majority of the firm to private equity investors in 2011 and stepped down as executive chairman in June 2014. The company went public on April Fool’s Day in 2015. While GoDaddy is still his largest investment, Parsons...
How to Build a Great Tech Company That VCs Will Love
The tech startup world is incredibly exciting. But it's also insanely competitive. One of the biggest obstacles for most tech startups is securing venture capital funding. Only a tiny number of startups will win VC funding. Even fewer will actually succeed without it. Heck, before securing funding for my company, I was rejected. A lot. But I learned from those rejections. It's especially...
How to Replace (Almost) Every Part of Your Startup With Software
There are two pieces of advice every founder has heard: Keep your startup as lean as possible, and only do things that are high-leverage uses of your time. There's an obvious tension here: How are you supposed to get done all the things a company has to do without hiring a bunch of people? Here's one way: by gluing together...
AI startups will fail for the same reasons other startups do
"It’s hard for me to meet a startup that doesn’t throw in the word ‘AI’ to describe themselves,” said Jake Flomenberg. The partner at venture capital firm Accel made this statement today at the AI by the Bay conference, where he joined five investors for a discussion on what VCs are looking for in AI startups. The panelists acknowledged the hoopla surrounding...

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