Top five phrases you hear in the entrepreneurship world and their real meaning

Phrases you hear in the entrepreneur world and their real meaning 1. “We are going to be in break even in three months” means “we are not considering 90% of our costs”. 2. “We are unique because our algorithm…” means “we are unique, ok???, no more comments”. 3. “We have no competition” means “we are doing this because we like it, so we never spent 5 seconds to search on Google”. 4. “Our valuation is…” means “Any seven figure number and it’s yours”. 5. “Our product fits client needs because people like” means “we like…” Not having a data-driven culture

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How converting you Startup into a Corporation and not die trying

In my previous post I wrote about organization structures. One interesting thing about them is that Startups want to become big corporations, but more than 90% of them fail. Big corporations want to have “Entrepreneurial structures” but they normally fails in its implementation. Let’s try to understand this confusing behaviour pattern. One of the organizations structures that we’ve mentioned in the previous post was the “Entrepreneurial Organization” that has a flat and simple structure were everything is relatively unstructured and informal making this type of organization fast, flexible and lean. Probably is the model that most companies want to copy

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The Data Driven culture componen for startups

Two years ago I’ve been invited by Lorena Suarez to be part of the mentors that help Wayra’s startups improve their analytics skills. At the beginning I was a little confused since I normally work with big companies that not only have an information caos but in several cases they don’t have a data driven culture, which is normally the biggest problem. When the information began to abound big companies started a chase to get the best scientist/Analysts to solve the problem. Later on they began to notice that the problem was not getting solved and the confusion turned no

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Understanding the Argentinian Market – A great video from Endeavor

Endeavor, the organization that transforms emerging markets by supporting High-Impact Entrepreneurs, just produced and published a video called “The Multiplier Effect: How a Network of Entrepreneurs Created a Tech Sector in Argentina” that allows you a very good understanding of our industry and my country. This is not directly related to Analytics but I really recommend you to take a look at it.  

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