I ask myself this question a lot. I think I could make an app for everything. But after three apps, I’ve learned a process that helps me determine if I should build an app or not.

Stephanie Vozza has spoken of the six lessons gleaned from entrepreneurs’ experience (Fast Company). It was illuminating to evaluate how our startup company (FundingSage) and its founders dealt with these business improvement issues.

Entrepreneurs tend to be arrogant. This sounds rather like a criticism, but it’s more a statement of fact and a caution.

We often think of business as a special function. In reality, it operates in much the same way normal things around us do. In fact, the concepts behind Newton’s Three Laws of Motion are as applicable to business as they are to physics.

All companies face risks, and startups are no exception. As you seek financing from third parties, remember that once financing is obtained, the resources of those outside investors now face the same risks as your personal resources.

If you have the curse of the entrepreneur, then you are familiar with the insatiable need to launch something – to create something and get it out there.

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.

I can confirm that not only will you increase your network with more successful individuals, you’ll form great relationships, learn from others about what it takes to become a great investor, and (maybe) get an early entry into the exciting and inspiring world of venture investing. You’ll also get a better sense of the big picture of the whole investment cycle.

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:

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.