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The Cost of Entrepreneurship: Getting to success as an entrepreneur requires determination, conviction, and an unyielding passion in the pursuit of a dream that is so compelling there is no defeat in their lexicon.  It also requires understanding what the requisite cost of entrepreneurship is; that is to say, the out-of- pocket expenses that are required to see your [...]

The ‘Big Bang’ Theory Doesn’t Work for Startups : The traditional mode of starting a company is to plan a serial process, where you complete only once all the steps, leading to the “big bang” launch of the company. I strongly recommend a dramatic departure from this model, called “planned iteration,” where you assume you won’t get it right the first time. This idea was [...]

Every Startup Needs a Reality Check Now and Then: Most of the time, I’m all about providing encouragement and inspiration to entrepreneurs. They need it and they deserve it, because entrepreneurs are the lifeblood of our economy. But every so often, I try to give them a reality check, just to keep their feet on the ground and their nose to the grindstone. Many years [...]

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