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.
How to Build a Winning Team
How to Create a Strategy, Vision and Mission
How to Create an Advisory Board
How to Get Funding
How to Improve Your Company
How to Improve Your Pitch
How to Start Your Company
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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.
Many people think they have what it takes to be an entrepreneur. What they don’t realize is that they are actually a Wantrepreneur – an individual who continuously ponders, desires or wants to start a business, acts as if they are an entrepreneur but fails to take the steps necessary to establish and operate a business.
The executive summary is typically one of the initial interactions an entrepreneur will have with an investor. Here’s how to make your best first impression.
After twenty-five years as an entrepreneur, the most common misunderstanding is the difference between “lifestyle” and “scalable” businesses.
There are many ways for a startup to fail. Some factors, like regulatory changes or input cost increases, are beyond the founder’s control. However, there are three significant actions that entrepreneurs are often guilty of that can kill your company as fast as anything.
The advice, counsel and support of an advisory board is required to accomplish substantive objectives of a scaling startup.
A critical path analysis prevents scheduling conflicts in projects with numerous activities that have complex interactions.
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.
Investors have a big picture view of the whole investment cycle. To think like an investor, you can’t follow the crowd. You’ll need expert guidance in order to frame your own investment portfolio.