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Browse Twitter, Facebook, LinkedIn, or any entrepreneurship blog, and within minutes you’ll find at least 20 gems of entrepreneurial wisdom quoted from the mega-successful moguls. This wisdom is guaranteed to jumpstart your venture, and inspire you to entrepreneurial greatness.

These “secrets” or “rules” for success sound so powerful that they’re immortalized in motivational posters and animated gifs. They get repeated by mentors, investors and other gurus as unquestioned, timeless wisdom.

Usually this entrepreneurial wisdom is about starting a company, or about the key qualities it takes to be a great entrepreneur: Timeless gems of wisdom, uttered by bona fide successes.

It’s all great advice, with one exception: If you’re a struggling entrepreneur working in the trenches, this wisdom doesn’t apply to you. It’s bad advice.

It’s like listening to one of those AM radio hosts, talking about managing your money: diversifying your portfolio; paying off your credit cards and loans; buying gold, bonds and mutual funds. All good advice. Sound, wise, and completely irrelevant if you’re just graduating college, and looking for a job just to pay the rent.

Not only is the advice irrelevant, it can be downright destructive. It’s as predictable, as it is wrong – for you.

So let’s take a look at 7 of the common nuggets of wisdom and see how they apply to the average startup entrepreneur:

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The Age of Metapreneurship is here! Get the book now!

The Age of Metapreneurship

The Age of Metapreneurship is here! Get the book now on Amazon!
 by CJ Cornell 

With 100,000 how-to books, dozens of entrepreneurship programs in every city and an expert on every website – it should be pretty easy to become a successful entrepreneur. But something’s wrong.

Techniques and advice that were effective 5 or 10 years ago, will make you an amateur, today. The world changed. Technology and people changed. Yet the field of entrepreneurship hasn’t changed all that much. The old rules and the old mindsets are holding you back. In fact, the more experienced you are, the worse it can get.

The Age of Metapreneurship – is about the future of
entrepreneurship – a future that is just emerging now.
It’s about a new kind of entrepreneurship, and a new kind of entrepreneur …

Visit Launch Site

 


A special thanks to those friends and colleagues who read advanced copies, and were kind enough to leave some great reviews on Amazon.com:

… a funny, lively, informative book that examines entrepreneurship in a variety of novel and useful ways. A must-read, whether you’re just starting out in the entrepreneurial world, or been at it for a while.
This is a must-read for founders, business buffs and anyone interested in startup culture.
Well written, timely, and enjoyable.
(read more 5 star reviews)

Inside we’ll explore:

  • Chaos – Entrepreneurship is so broadly defined today that no longer know who and isn’t …
  • Cults – The institutions, programs, and leaders designed to help entrepreneurs, today are failing them.
  • Dots – Entire industries are ripe for disruption (by entrepreneurs) because the old business models are disintegrating. Direct, straight lines, are being replaced by ‘connecting the dots.’
  • Abundance vs Scarcity – and how ‘every abundance creates a new scarcity’ is the new business mantra.
  • Scale – is now a required strategy for every startup – otherwise you risk irrelevance: but scaling now can be far, wide, or deep.
  • Crowds change everything – crowdsourcing, crowdfunding and collective intelligence.
  • Movements – the waves of the network: Join them, start them, leverage them – or risk sitting on the sidelines.
  • The Paradox of Experience:  The more experience you have, the harder it gets.
  • Cultivating Meta-Value and your Meta-Tribe.
  • find out more …

 

THANK YOU for you help and support!
The Age of Metapreneurship debuted in Amazon’s Top 20 New Releases! 

Who should read The Age of Metapreneurship?

  • If you’ve been advising new ventures and guiding them through a bootcamp-like experience – only to see them sputter, and fade away, this book is for you.
  • If you see entrepreneurship in your region brimming, brewing, and percolating -but never seeming to gain critical mass, this book is for you.
  • If you’re an highly experienced entrepreneur embarking on a new venture, this book is for you.

The Age of Metapreneurship is like a collection of pieces to an unusual puzzle: Every time you put the pieces together, they form a different picture that is only for you.

 

 

Getting time and attention from experienced advisors is a rite of passage for the first-time entrepreneur.
Free Advice

Entrepreneurial advisors provide everything from informed feedback, market validation and technical direction, to introductions that can lead to partnerships, investors and customers.

Advisors are often former serial entrepreneurs themselves with well-earned battle scars from risking, failing and succeeding enough times to have sharp
insights into the venture building process. They have a special empathy for the struggling entrepreneur. There’s satisfaction in helping an up-and-coming entrepreneur avoid the same mistakes, and giving them insights that will help accelerate their progress.

Not all advisors have the right experience, and it is very hard for the entrepreneur to know which advisors can truly help their company.  It takes many first dates to find those perfect matches. But advisors kiss a lot of frogs too: Frogs, hunchbacks, maniacs, dreamers, neurotics – and I suspect a few psychotics. Entrepreneurs come in all sizes and for advisors it can be exhausting to try to help them all – particularly those entrepreneurs who don’t really want to be helped, or who are not ready for outside advice.

So, for the entrepreneur about to go seeking advice from advisors, here’s some blunt, very blunt, advice:

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TLDR GraphicYet another “Lessons Learned” post from a first-time entrepreneur.  Except this one is incredibly wise beyond his years.  The insights are so in depth and valuable that even the most seasoned serial entrepreneur would be envious. The sad part is, since the article is not one of those pithy “10 secrets to building a successful venture” posts, it will be lost on the typical reader seeking quick-fix advice.

 

Worthless Advice?

I have a deep cynicism when reading first-time entrepreneurs pontificating

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It was a brilliant observation from Tim Huntley of An Entrepreneurial Life, based on an exchange with an entrepreneur. The entrepreneur is stuck in some sort of circular-loop thinking preventing him and his team from making progress. In a rather rare display of self-awareness, the entrepreneur likens his dilemma to a concept taken from an obscure documentary called Waiting for Superman.   In this case:

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Wizard-of-Oz-w24Most entrepreneurs end up enduring  the “Wizard of Oz Syndrome” dozens of times before they develop their own sense of wisdom – or cynicism born from experience.

The Wizard of Oz Syndrome goes something like this:

Entrepreneur is standing before Big Influential Investor or fill-in-the-blank [Big Influential Customer, Big Potential Partner, or Big Venture Capitalist or Angel Investor].   The feeling is like proverbially standing before “The Great and Powerful Oz”:

Your very future depends on having him granting a wish that only he can make happen.

But there is a catch.  The Great and Powerful Oz wants proof that you are worthy.  You have to jump through a hoop.  He commands you to go and perform some extraordinary feat:  “Bring me the broom of the Wicked Witch of the West.”

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Last week I published an article, written with Crowdfund Insider director and editor Charles Luzar on the subject of fraud in crowdfunding:  Crowdfunding Fraud: How Big is the Threat? 

Screen-Shot-2013-07-11-at-9.09.06-AM-300x172We researched and gathered data from hundreds of crowdfunding campaigns to get a sense of the scope of fraud and potential fraud.  Our specific purpose was not to come to any conclusions, but to get an initial state of the fraud landscape, and to solicit a more complete set of fraud cases – for a subsequent academic study of the data.   We want to know, apart from the hype and headlines, the true rate and potential for crowdfunding fraud – particularly since the specter of fraud is one of the primary drivers of the debated laws and regulations surrounding investment crowdfunding.

Give it a read.  And if you know of a case of fraud – no matter how serious, obscure or questionable – please use the link below to submit it to us for our study.

 

Fraud in Crowdfunding

As crowdfunding becomes mainstream, the potential for fraud will inevitably increase. It seems that each new day is accompanied by a scathing article or op-ed warning that we need to protect the general public from the impending onslaught of boiler room con-artists. Indeed, the issue of fraud protection has transformed the process of legalizing equity crowdfunding into a grueling, complex and contentious three-year process – as regulators, industry stakeholders and special interests wrangled over new rules meant to protect investors from fraud.

In this initial study, we came up with a set of fraud categories, unique to crowdfunding:

Gray Areas: A Taxonomy of Crowdfunding Fraud

  • Preempted Fraud
  • Stillborn Fraud
  • Attempted Fraud
  • Perceived Fraud
  • Backer fraud
  • Backer-Creator Fraud
  • Broker/Portal Fraud

read the full article …

Click here to submit a case of crowdfunding fraud

With your help, we may be able to offer some valuable insights on crowdfunding fraud – based not on conjecture, but on on actual cases and data; insights that can help guide and shape the next generation of crowdfunding regulations and best practices.

For the full article – go to Crowdfund Insider –  Crowdfunding Fraud: How Big is the Threat?