Credit: Shutterstock

Using Middle-out innovation strategy, Steve Jobs and Jeff Bezos became tech moguls

Rather than trying to break into their target markets with limited resources, immigrant founders can “build bridges” — create platforms, communities, and shared tools. According to lifelong entrepreneur and mentor Michael Burtov, this "middle-out" approach empowers broader innovation. That’s what Steve Jobs and Jeff Bezos did, turning obstacles into opportunities.
Credit: Shutterstock

Why you shouldn’t expect anyone to sign your NDA

Many immigrant startup founders believe that a Non-Disclosure Agreement (NDA) is a sophisticated method for safeguarding their ideas. Lifelong entrepreneur Michael Burtov explains why this is a detrimental practice that is likely to hurt your startup's fundraising prospects.
Credit:Shutterstock

Board of Directors vs Board of Advisors: Startup’s Brain vs Soul

In essence, a board of advisors is more concerned with a company's strategic interests, while a board of directors focuses on advancing the interests of shareholders. This distinction seems subtle, but for many companies that originate outside the U.S. startup ecosystem, this can be quite a foreign concept. Lifelong entrepreneur Michael Burtov explains the difference between the two.