You are going to fail! This is the dirty little truth about being an entrepreneur.

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.

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.

“The single biggest problem in communication is the illusion that it has taken place.”– George Bernard Shaw

Incubators & Accelerators vary widely making it difficult for the potential client to understand the differences between the two. Because of the applied variations related to the attributes within each, the differences are even somewhat difficult to explain.

Do you have an investor friendly executive summary? What does that mean for your business? Here’s a guide to avoid the purgatory of being non-fundable to startup investors.