Starting a scalable company is a daunting task. This will challenge even the most experienced management team. The team’s success requires a complete understanding of the issues and risks it faces in its quest to succeed.
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
Entrepreneurial Ecosystem Spotlight
Startup Accelerator Spotlight
Startup Investor Spotlight
Business Startup Spotlight
Entrepreneur Events Spotlight
University Entrepreneurial Program Spotlight
Women Entrepreneurs Spotlight
The most important factor is a buzz word heard in every industry – diversity. So why is it the MOST important factor for creating an advisory board? And how does it resolve issues for entrepreneurs?
Should the coach of your favorite college team develop and implement the game plan for this week’s big game against their rival without discussing the options with his offensive and defensive coordinators?
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.
Some entrepreneurs fail to leverage the knowledge and experiences of others by failing to create advisory boards. These boards are a critical component required to scale strong entrepreneurial opportunities.
There are many motives to start a business. In a market system at its simplest form, the purpose of a business is to make money. However, you must never forget your “raison d’être,” your company’s real reason for being.
One of the most important decisions an entrepreneur must make is the selection of advisory board members for their startup.
How do we get there? Remember that your organization’s vision is the destination.
It is essential to understand your organization’s dreams for the future, prior to coming up with the pretty words you put on paper and hang in conference rooms. So, how does an organization create an effective vision statement?
The words were NOT an accurate reflection of the company I worked for.