The military has developed a procedure for developing a plan, analyzing it and making a decision- the MET-T analysis is an effective, efficient way to evaluate your business and accomplish objectives.
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
There has been a trend to try to create one overarching company mission statement. However, they often become “wall art” hanging in the office of little practical use in operating the company.
The words were NOT an accurate reflection of the company I worked for.
“Sweat equity is the best kind of startup capital.”— Mark Cuban
This is a huge question for startup founders. If you are a founder, you know what I am talking about: how much of my startup should I give away?
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?
Another level of Intellectual Property (IP) safeguard focusses on the name, look and function of your company. These Intellectual Property Rights (IPR) are covered by Trademark protection.
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.
Delaware is a Corporate Oasis for Startup Entrepreneurs, Angels, Venture Capital and Private Equity Investors
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.