Everything Changes When You Take Outside Funding
The naïve entrepreneur thinks he can relax after he finally cashes the check from a professional investor, but in reality, that’s when the real work and pressure starts. His first…
8 Keys to Surviving Entrepreneur Information Overload
Being an entrepreneur these days requires an understanding of a thousand topics, many of which don’t even exist today in traditional learning vehicles, like schools and textbooks. The Internet and…
Overconfidence Can Sink Your Startup
Lack of confidence in your self, your product, and your startup is a surefire recipe for disaster. At the other extreme, too much confidence or arrogance can kill you just…
Managing Your Startup’s Burn Rate
Cash is the fuel of every startup. Your burn rate is the rate at which that money is being spent, and allows an estimate of how long you can go…
6 Steps to Deciding if a Great Idea is a Business
I have a certain friend who called me a while back, all excited about his latest revelation. “What if you could go to a website and find all the recipes…
Five Startup Exit Strategies
If you startup is your dream, why would you want to think about an exit? It’s going to be so successful and so much fun that you don’t need to…
How to Find Creative Ideas to Grow Your Business
Most aspiring entrepreneurs believe their initial idea and inspiration requires the most important creative thinking. Experienced entrepreneurs will tell you that the initial idea is the easy part and that…
Reid Hoffman’s Lessons for Career and Startup Success
The days when you locked and loaded your career in school, and then blasted away down that same narrow path the rest of your life, are gone, never to return…
Engineers Need Help to Become Good Entrepreneurs
Every engineer who has invented some new technology, or is adept at creating solutions, believes that is the hard part, and it should be a short step to take that…
7 Dumb Startup Leadership Mistakes
Many professionals in business, from startups to multi-nationals, assume that the team leader or executive is an appointed position, and the skills come with the title. In reality, leadership is…