- Entrepreneurship Handbook
- Posts
- Thoughts on the economy, launching a new company, a book launch, the future of EH, kids, and more
Thoughts on the economy, launching a new company, a book launch, the future of EH, kids, and more
News and updates this week from Entrepreneurship Handbook
News and updates
Hi readers! See below for quick updates and a couple thoughts and posts that caught our attention this week. Thanks for reading!
-Dave Schools (@DaveSchoools)
Take a demo, get a Blackstone Griddle
Automate expense reports so you can focus on strategy
Uncapped virtual corporate cards
Access scalable credit lines from $500 to $15M
1/ Changes afoot with Entrepreneurship Handbook
Our longtime editor Stephen Moore is getting ready to move on to the next chapter of his career. He’s done a phenomenal job shaping EH to what it is today and I’m deeply thankful for his great work with our writers and the impact he has made on the publication. Fortunately, he’s not moving on swiftly so we have time to work out how things will be run going forward — we have a plan in motion that I’ve mentioned to a few of you already that is more community-centric that I’m excited about so look for more updates on this soon. Reach out to me anytime if you have thoughts or ideas.
2/ This Linkedin post got 80k views on hypergrowth lessons
I wrote a post on Linkedin about the 6 hypergrowth lessons I learned from my last startup (Hopin - exited) which grew to ~$100 million ARR and 1k+ employees in 2 years. It stirred up some controversy in the comments because I chose to focus on a handful of lessons versus telling the full Hopin narrative, and some people didn’t like that. You can read it here.
3/ Is the economy roaring back?
Market is up 15-20% YTD. Pre-seed funding rounds are exploding - series A rounds declined 61% and pre-seed rounds grew 51%. M&A activity is up; Darden Restaurants to buy Chuy’s. Ray-Ban maker to buy Supreme. In tech, Deel acquires Hofy and beehiiv acquires Typedream. Record breaking travel this summer. The ball seems to be rolling downhill faster? Is it just me or are you seeing this, too? Is it related to the election this year? 🤔
If you’ve been on the fence, now is the time to launch your company. Speaking of which, let’s do it together…
4/ I’m launching a new company
I’ve hinted at it before but I haven’t shared anything publicly about the new startup I’m building with two cofounders. I’m looking forward to sharing the news with you soon and I see Entrepreneurship Handbook as a natural place to share what I’m learning from the journey, so stay tuned. We’re still in stealth, but if you’d like to know sooner, I’m happy to set up a 1:1 call and show the product to you.
5/ There are no playbooks for starting a new company
I read a good post on Linkedin from a former colleague of mine named Anthony Kennada, who went from being a serial CMO to a founder CEO was hit with how challenging and different is to go from being an operator to being a founder. Highly recommend - read it here.
6/ Shy By Design book launch
I caught up with one of the early legends of Medium, a friend named Michael Thompson, who resurfaced this year with a brand new book called Shy By Design. He captures an under-discussed truth that often goes unspoken: the strength of not being the loudest in the room. Michael is an incredible writer and authentic communicator - grab your copy of Shy By Designhere.
A new book launch by Michael Thompson, go buy it!
7/ Having kids - disadvantage or advantage for founders?
I posted today on X some thoughts about how I’m launching a new startup while working from home with three young kids. I think I touched a nerve. It’s a good question - are the most successful founders the most obsessed and therefore having a family holds you back? I offer 5 counter perspectives.
I'm launching a new startup. I work from home. And I have 3 kids: 5, 2, and 1 years old.
People ask me WTH are you doing?
To which I say, "I know. I may not able to put in the same hours as a single or at least no-kid founder living in NYC or SF or London.... BUT"
There are a… x.com/i/web/status/1…
— Dave Schools (@DaveSchoools)
9:44 PM • Jul 18, 2024
8/ Please take 3 minutes to complete our reader survey
Please complete this short reader survey so that I can get to know you better and send you more helpful and relevant stories.
Top reads from Medium This Week (Friend Links)
Let’s Talk About The Real Reason For All these Tech Layoffs (Joe Procopio) - 47k views
Return-To-Office Mandates Are (Finally, Unquestionably) Dead(Joe Procopio) - 9.3k views
The 3 Types of Mentors Every Startup Needs And 3 other kinds of mentors to avoid (DC Palter) - 1.7k views
Become a contributor to EH
We’re looking for founders with great stories. As a partner with Medium, we can nominate your story to be boosted so it will receive greater distribution on Medium (200M visitors/mo) and you'll get paid through the Medium Partner Program. Additionally, you'll be published as a writer for Entrepreneurship Handbook (240k followers). Take advantage of this!
What we’re looking for:
personal narratives written by entrepreneurs, not content marketers
vulnerable, first-person accounts of success or failure
unique POVs from local, tech, bootstrapped or VC-backed startups
Interested? Send me a note at [email protected]
Rate this week's editionWe'd love your feedback. |