After twenty-five years as an entrepreneur, the most common misunderstanding is the difference between “lifestyle” and “scalable” businesses.

Although I have more than 25 years of experience working with business, entrepreneurial and technical personnel, I continue to experience unfamiliar acronyms.  As a result, I decided to create a quick reference list summarizing acronyms utilized in the startup and entrepreneurial community.

There are various types of entities to choose from, all of which have some overlap with one another, but each of which have distinct advantages as well. You will want to determine what business structure fits your company and its vision best.

Successful startups typically possess leaders who are “Geeks” and leaders who are “Suits”!

Every business fluctuates through good and bad periods, but when should you signal an SOS? Understanding the characteristics of a failing company could save your business from sinking.

The following is a list of six items you should consider addressing when launching and funding a startup:

Investors look for the right team with a great product, knowing that the great product will never come to market if the team is not right. So the perfect entrepreneurial team needs to possess certain technical capacities, such as finance, marketing, engineering, design, and operations. However, it also needs to possess the right personalities that mesh well with one another in a startup setting.

Entrepreneurs seeking Corporate Venture Capital (CVC) often don’t understand the full benefits of the investment. Find out what you need to know before partnering up with a corporate company.

Patents ensure innovators and entrepreneurs that no one can legally “steal” your idea. So, what kind of patent do you need? Where do you begin?

Every scalable startup will require external funding. A great team with an amazing idea where there is a clear demand is still doomed without the finances to make it happen.