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.
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
Business Startup Spotlight
Entrepreneur Events Spotlight
Entrepreneurial Ecosystem Spotlight
Startup Accelerator Spotlight
Startup Investor Spotlight
University Entrepreneurial Program Spotlight
Women Entrepreneurs Spotlight
After twenty-five years as an entrepreneur, the most common misunderstanding is the difference between “lifestyle” and “scalable” businesses.
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.
Most Businesses fail… sooner or later. They fail in all sorts of ways: collapsing from the inside, succumbing to outside pressures, etc. In fact, there are far more ways to fail than succeed.
While there is no formalized list of “Thou Shall Not” items for start-ups seeking funding similar to the Ten Commandments, if there were, Thou Shall Not encumber your balance sheet with debt, would certainly make the list.
Every scalable startup will require external funding. A great team with an amazing idea where there is a clear demand is still DOA without the finances to make it happen.
Entrepreneurs live a hard life. You are constantly getting beaten up. In the face of such challenges, it is easy to get discouraged. When you get dispirited, it is nice to have a place to turn for motivation. I have adopted “ten phrases to live by” (in business and life in general).
There are a variety of reasons for this reaction from investors:4 Reasons Why Startup Investors View Debt As A Mortal Sin! To avoid the purgatory of being non fundable, entrepreneurs should consider the investor’s view and structure their balance sheet in an “investor friendly” manner before submitting an executive summary and financials to startup investors for consideration.