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The writing is on the wall for a global economic slowdown, and tech entrepreneurs will be severely impacted. The dot-com crash of 2001 is still etched into my memory, as I had helped launch a game tech company that nearly died when the capital markets seized. We went from five people to 30 and back to five, and by struggling, scrimping, and executing well, we managed to survive the downturn and sell on the other side. Since then, I’ve worked with thousands of aspiring founders as a mentor and angel investor. Most early-stage entrepreneurs have minimal experience failing —…
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I don’t know why it took so long to dawn on me – after 20 years of a scientific career – that what we call the “scientific method” really only refers the second half of any scientific story. It describes how we test and refine the ideas and hypotheses we have about nature through the engagement of experiment or observation and theoretical ideas and models. But something must happen before this. All of this process rests upon the vital, essential, precious ability to conceive of those ideas in the first place. And, sadly, we talk very little about this creative…
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We live in an age where customers have more power over their lives than ever before. Users can tap their phone to summon a car, groceries, a Wikipedia page, or even a dog walker. But that doesn’t mean there’s room for everyone. After all, customers are only going to settle on a few tools in their lives. Understanding their wants and needs is more critical to a company’s success than ever. The best companies need to be built with customer empathy at the heart of the business, creating products designed around what customers really need and not just what they…
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