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‘Til failure do us part

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Nothing beats the high of having a great new idea along with the means and vision to implement it. “What could possibly go wrong?” you might ask your business partner. “It’s perfect!” Indeed, it very well could be perfect. But, just like with a marriage, your partnership can still end badly, no matter how great it started. In time, financial issues, market stressors, personality clashes and outside forces often take…

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Is Your Startup Red, White, and Blue?

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Who’s your ideal startup partner? Do you want a confident leader with integrity who is competitive, passionate, hard-working, and self-motivated? Do you want a flexible team player who will take risks, cope with ambiguity, and rise above failure? Where do you find someone like THAT? Make a mental list of five places where you would look. More than 99% of you will overlook a key resource for finding your ideal…

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The Five Year Plan

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Five years seems like a magical number for some reason. A quick search on Google for “Five Year Plan” turns up an astounding 201,000,000 results. As I have gotten older, I look at time differently. The impatience of a younger me (where six months or even two years seemed like an eternity) has faded away, and has been replaced by a me who asks myself what I wish I had…

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New Chapters: A farewell from the shortest member of the LAUNCH DFW team

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Over a year ago, I met Bradley Joyce, founder of LAUNCH DFW, at The Grove coworking space in the West End. I was trying to get my consulting business off the ground, and had spent a lot of time at home and in coffeeshops (and in my own head) working on my company. Jumping into the coworking community there connected me with so many brilliant and talented people, and Bradley…

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Finding Your Tribe at Dallas Startup Week

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Building or working in a startup isn’t for everyone. If you’re lucky, hours are long and pay is enough. If lightening strikes, you hit the jackpot. Being an entrepreneur can be isolating. Your significant other grows tired of hearing you practice your pitch. You’ve spent more time sitting at a conference table than you have at your own dining table. Sometimes it feels like you know the cast of Shark…

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6 Things to Know about Selling Your Company

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Lots of exciting activity is taking place on the Dallas startup scene right now. The tech and startup communities are thriving. The job market is booming. And Dallas’s very first Startup Week will be held March 2 through 6. If you’re an entrepreneur, investor or someone who is a working professional and haven’t signed up to attend this free event, then you’re making a huge mistake. This event is a…

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How a corporate bankruptcy experience led me to validate multiple markets for my startup

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We were young, care-free, and rolling in cash. We had just purchased a hotel with a combination of family funds, borrowed funds, and an assumed note. Total deal value $1.1 million with only a $100k down payment – yeah for leverage! We had done our homework on how to operate hotels and had several experts (who were also in the hospitality industry) validate our deal. We thought we were on…

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Do You Have a Personal Brand, or a House of Cards?

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Starting a company means a beginning. It’s a “Once upon a time…” that you desperately hope will turn into a “…happily ever after.” You go into the story with an idea and whatever money, talents and reputation you personally have. Eventually, you hope to close on some investment money and begin hiring people. You hope to ultimately build something worth building. Yet, in the beginning, your personal resources are all…

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Resolutions, Shmesolutions: How LAUNCH DFW can help you in 2015

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If you’re like me, you’ve maybe thought about some resolutions for 2015, but you never really put them down on paper or announce them to the world. In fact, the idea of setting a goal for the year seems ridiculous and overdone, because things change and people change, and isn’t the whole “resolutions” thing just something made up by the weight loss industry, anyway? But if you do want to…

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LAUNCH DFW 2014: A Year in Review

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2014 was a banner year for North Texas startups. If you weren’t able to attend the State of Entrepreneurship event that the DEC hosted earlier this month, there’s a spectacular website with a TON of stats, links, and insights to catch you up on everything that’s being going down here in North Texas this past year. Bottom line: 2014 was a good one for our North Texas startup family. And we’re…