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…
7 Keys to Success in the Micro-Business World
I’m hearing more and more these days about a new type of small business, called a “micro-business” (or micro-enterprise). These are usually characterized as owner-operated, with five employees or less,…
Conversations Can Find Star Quality in Your Team
Every startup and every big business wishes that all their employees were star performers, but wishing doesn’t make it happen. Some coaches and leaders seem to have the magic for…