We hear the phrase “don’t be afraid to get back on the horse” when we stumble, but what does that actually mean for an entrepreneur? Should we pursue the same business, do something else (aka get on a different horse), or give up altogether? These are the kinds of questions I address in detail when discussing the future of my
Reno is drawing a lot of people’s attention, and it’s not for gambling and divorce anymore. It’s no secret that Reno has done a good job of drawing in some big names in tech lately: Tesla, Switch, and Apple, just to name a few. This makes sense though considering the proximity to Silicon Valley and the generous tax incentives offered. The
An entrepreneur will take on as much as they can handle to make their business a reality. But if they have to work a 40 hour “day job” on top of all the day-to-day activities that goes along with their business, will they really be able to make it happen? There will undoubtedly be stories on both sides of the
With the announcement of yet another big box store – Sports Authority – closing all its stores, one might wonder what the future of the big box stores will look like going forward. In the last decade, we’ve grown quite used to this: Circuit City, Borders, Linens and Things, just to name a few. But why is this? And what does this
We’ve all heard the proverbial phrase “Don’t spend time reinventing the wheel,” and many of us don’t think much of it. Why is this? Was a round object that helps to transport things the crowning moment in human discovery? Did we literally find something that cannot possibly be improved up? When you think about it like this, maybe reinventing the
I’ve been fortunate enough to meet many entrepreneurs as of late. Much of this interaction has come through the Sontag Entrepreneurship Competition and Nevada Governor’s Cup. One thing I always seem to notice about entrepreneurs is how quick they are to come up with ideas, which leads me to a chicken/egg scenario. Are people with more ideas naturally inclined to
Today I toured one of the biggest beef plants in the world – JBS of Greeley, Colorado. JBS is the largest beef producer worldwide and had $120 billion in annual revenue in 2014. The tour was an incredibly enlightening and disgusting experience. Don’t get me wrong, I love a good New York steak, I just wasn’t really interested in seeing
Defeat is never easy to face. While even the most successful businesses will experience defeat at some point, for a young startup, defeat can feel like a hole that sinks the ship. Ucraft Brew recently experienced yet another defeat, walking away from the Nevada Governor’s Cup with no winnings. The pitch went well, the judges had a great feedback, yet
Ucraft Brew has done it again! We successfully made it through our second pitch for the Nevada Governor’s Cup. As I’ve discussed before, it may feel nice to finally be done with our pitch after weeks of stressing about it, but there’s still work to be done. My team and I will need to sit down soon and really go
Being a young entrepreneur wasn’t always easy. When the grass wasn’t growing, I had to figure out a way to keep a steady cash flow. I was getting close to 15 years old, and going to the movies with friends wasn’t cheap. A year earlier, I had saved up enough money to buy a new computer, with the intention of