Business Basics Posts

Off to the Races, Part 4 Based on a study of over 1,000 seed-funded startups, running out of cash was the third leading factor resulting in company failure: Founder conflict…

Off to the Races, Part 3 Without a market, you won't have a business No amount of passion or technical knowledge can get around that simple fact. Of the 90%…

Off to the Races, Part 2 The initial installment of "Off to the Races" introduced the simultaneous races against Burnout, running out of money, market dynamics, and your competitors. This…

Earlier this year, I wrote a series - The Journey Parts 1-7 - focused on steps successful founders take to evolve from the idea stage to defining their business models, the…

You've come up with an excellent solution to a big problem experienced by many. Your company starts today. You, by default, are its founder, but what got you to this…

The home care business in the United States will produce over $110 billion in revenue in 2021 and grow at an annualized rate of 5.1% to $140.8 billion by 2026…

Each year, we receive dozens of inquiries from foreign entrepreneurs who wish to launch a business in the United States. Most of the time these individuals know the type of…

Don't let your passion and motivation keep you from thinking like a rocket scientist. New entrepreneurs become enamored with their concept and assume the market exists, and customers will buy.…

To compare the physical challenges of climbing Mt. Everest to those in the startup world is absurd. Unfortunately for first-time founders, the non-physical difficulties are similar. Every frozen corpse on…

How much of a push is coming from new legislation? A lot. As of the start of 2021, thirty-one nations, some U.S. states, and major cities worldwide have pending internal…