1. Growing old while building a startup company will mature both you and the business.

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.

Customer Discovery is not a static operation. It is a continuous flow. The more you know about who will use your product, the greater the likelihood of success.

Efficiency, the ability to accomplish a job with a minimum expenditure of time and effort, is one of the most important ingredients to business success. Startup companies must be ruthless in this pursuit.

Shark Tank revealed how looking at Gross profit margin  ( how efficiently is the product being produced) against Net profit margin  (how efficiently is the company operating as a whole) can affect your chances of investment.

Organizing a business can be a complex journey. Developing and filing the appropriate documents will create the foundation for a successful business.

I am amazed at the number of privately held business partnerships that do not have a formal buy-sell agreement in place. This one is absolutely essential. When forming your business, you chose your partner; make sure you have some rights when it comes to who your partner will be as time goes on too.

We’ve all done it as children when working out a maze. Start from your endpoint and work backwards to the start. This same approach works for mapping out the path to startup success – Start from your endpoint and work backwards to the present.

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.

Like a master chef preparing a sumptuous feast, every entrepreneur needs to know the right “ingredients” to make his or her business turn out just right.  Here are the 8 ingredients for a business secret sauce: