10 Ways Startups Grow Great Teams
Getting things done effectively in a startup requires total individual and team accountability. You can’t afford excuses and multiple people doing the same job. In my view, “taking responsibility” is…
Execution Requires Planning and Systems
Many startups begin with a great idea but soon falter because of inability to execute. Ideas have to be implemented well to get the desired results. Good implementation requires a…
Global Considerations for Startups
Startups need to think ahead about key global issues from day one, even if the initial focus is local. This approach, popularly known as “glocalization,” means you have to design…
Entrepreneurship Can Make You More Employable
If you've been downsized and are having trouble finding employment, consider starting your own business in parallel with looking for that ideal replacement job. Let me explain why this is…
Should Startups Prioritize Growth or Profit?
Entrepreneurs often wonder whether their startup should focus initially on growth or profits. First of all, the glory days of “dot.coms” are gone, when investors “didn’t care” about profitability, and…
How to Cash In on your Inventions
It takes much more than a good idea, a rich uncle, and luck to succeed in the perilous world of startups. In fact, the idea is often the least important…
Coping With the Death of Your Startup
Your startup is dead, it’s never coming back, and you are in mourning. An entrepreneur whose business fails grieves similarly to anyone who has lost a loved one. The pain…
10 Deadly Startup Sins
It’s a well-accepted axiom in the investor community that entrepreneurs learn more from their failures than their successes. Thus a well-explained startup failure often can actually improve your odds of…
Yes, Entrepreneurship CAN be Learned!
Many people believe that good entrepreneurs are born; that it is not a trainable skill. I believe there is an innate component, but I also often agree with the great…
Founding and Scaling Require Different Mindsets
Founders work hard to achieve traction - that is, paying customers. It's a great milestone. Instead of relaxing, however, founders need to shift their mindset and redouble their efforts if…