Five Reasons to Establish Your Game Plan Early
Many startups are founded simply on the basis of a new and exciting technology, a problem that will result in surprise and frustration while waiting for funding and for customers…
Assessing Roles and Assigning Startup Equity
One of the first tough decisions that startup founders have to make is how to allocate the equity among co-founders. A seemingly easy solution to this problem would be to…
Don’t Fall for Work-at-Home Scams
Even if you are anxious about the risk involved in starting your own business and you are tempted to sign up for one of the many “work at home” startup…
Ten Awesome Customer Service Upgrades
I wrote recently about the importance of a “sustainable competitive advantage,” in which I outlined the value of a business plan and the limitations of patents and competitor feature comparisons. Once…
Opportunities in the Biotech Sector
In addition to the “green” sector, which I outlined a few weeks ago, I see biotech as one of the places where startups can always go for real opportunities. Recession-proof…
Ten Simple Rules For Reaching the Top
Tough economic times have encouraged more and more people to try entrepreneurship as an alternative to traditional employment. There are positive aspects to this trend, but entrepreneurship must be approached…
Six Ways to Win the Hearts and Minds of Investors
Some entrepreneurs seem to have no trouble attracting investors, while others—even those with a great business plan—may struggle with it. The reality is that angel investors are human beings, a…
Turning Startup Failure Into a Future Success
If you have not experienced failure, you are not pushing the limits. If you are really an entrepreneur, you will have to take risks and exhibit less caution than others, which…
The Five Levels of Business Relationships
In the world of entrepreneurs and startups, relationships are everything. You can’t start a business alone. You need partners, team members, investors, vendors, and customers. But people don’t realize that…
Achieve Light Speed Agility in Your Startup
In today’s startup environment, you need to work quickly or you will not succeed. A sense of urgency provides the impetus that allows people and businesses to act swiftly. Speed…