Member Since 2019
New York City Area
Colin is a reformed investment banker turned entrepreneur and investor interested in how technology can be a catalyst for change in otherwise mature industry verticals, both B2B and B2C. Despite it being gauche he still likes to use the word 'disruptive' (if it isn't broke, don't fix it) and in his spare time does his best to continue as an active member of the New York investment community with a particular focus on businesses in which he can add significant value through his experience in finance and entrepreneurship. Colin has been interviewed and writes for a variety of industry publications including Forbes, Inc., TechCrunch, FastCompany and others on topics ranging from venture fundraising, investing, business strategy and industry trends. .
Entrepreneurs can come from any background, any place and with any experience level. Yet because entrepreneurs task themselves with starting companies to develop solutions and generate value, it’s vital that they have a specific set of skills that help them get the job done. These skills are a necessary part of the entrepreneur’s tool belt.
When you run a business and hire employees, it’s essential your new staff members feel like they are valued members of the team. Your efforts should begin on day one with an onboarding process that will help new employees feel welcome, and that will set them up for success as they start their work.
Bookkeeping is a tedious but necessary process for all businesses. But for small businesses with limited resources, streamlining the process becomes of even greater importance. One way to do this is to invest in a reputable accounting software or tool that keeps you organized and on track.
Staying tuned in to the pulse of your industry is key to becoming a successful entrepreneur. Public groups, online forums and the like are among the most valuable resources for gathering and contributing industry information. But if someone is looking for in-depth insight into their business niche, locating the right groups where this discussion occurs is the first step. To help you find them, 12 members of Young Entrepreneur Council (YEC) respond to the following question:
No matter the problem you're trying to solve.
Remote work has quickly become the norm across much of the corporate world. Yet, with so many professionals used to in-person interaction, this shift to digital messaging has rapidly and fundamentally changed workplace communication.
When you're a busy entrepreneur, there never seems to be enough time in a day. You likely have long lists of tasks that require your full attention, but little time to sit down and focus on them. This can be overwhelming and, in turn, send your productivity levels into a slump.
By not building the consensus through questions to solicit other views and insight, we deprive ourselves of the opportunity to level up our existing plans and build that extra buy-in from the team.
The very hardest part of being a great entrepreneur –– the part that requires thinking up new and unique solutions for yet-to-be-solved problems –– must rely immensely on an active imagination.
In the strange world of entrepreneurship, the path to success is not formulaic.
Entrepreneurs have habits that can both aid and hamper their efforts to be better businesspeople. Some practices even seem to be completely harmless but we don’t truly realize how damaging they can be until we make a small change that impacts them and shows how die-reaching its consequences are.
There are massive amounts of time when you are doing mindless tasks that require your eyes and hands but not your ears and brain. This is time that you’re most likely not utilizing to its full potential.
A leader is someone who takes the initiative and drives the business forward to fulfill its goals. Within a company, leaders are responsible for guiding and inspiring those whose departments they lead. Many leaders get to their positions after years of experience and learning what their jobs entail.
Waiting until you actually need help, mentorship or guidance to start investing in building your tribe means you have waited too long.
For the publishers of high-quality email content that users actually care about, we are entering a new golden era of email.
Raising equity means selling a piece of your business, so consider the decision carefully.
If you avoid depending on Facebook and Google as your big-ticket growth platforms, what are the other alternatives?
Innovation Department builds companies hands-on, from the ground up. Our team of brand strategists, marketers, operators and builders are obsessed with reducing the time to product-market fit and creating repeatable success for the launch of early-stage businesses.