Back in the olden days (1978), a theater term was applied to finance, and angel investing was born. As far as I can tell, this is the one and only time that theater and finance have merged, at least outside of one semester of college when I took an acting class…
Researching your competition might be the most important thing you do in your startup journey.
“I have an idea for a startup, what now?” I get this question very often. My answer is always to do comprehensive competitive analysis before taking one step forward…
Before you start a business, you should consider building a personal reputation. You might be able to do this naturally by accomplishing noteworthy achievements in your field. But for most people, that means going out of your way to build up a personal brand on social media.
Why is your personal reputation such an important factor for…
Once you have proven a successful business model and business is going well, many entrepreneurs seek to scale their operations. But, scaling doesn’t just mean hiring more inventory and selling more. To scale successfully, it must be done holistically: with the team, the company infrastructure, and daily operations to ensure the team can keep up with the scaling…
Building a startup is a tough but rewarding journey. At each step, the startup founder needs to be careful about what he or she decides to do. Every stage of the startup journey is likely to have several important decisions. These are some of the typical mistakes that entrepreneurs should be careful to...
Coming up with a new idea with huge potential is only half the battle. Equally important is finding one that fits you.
As an adviser to entrepreneurs, one of the most common requests I get is for an evaluation of people’s next startup idea.
The first challenge facing startups in America, Europe and the rest of the world is to survive the pandemic. Not many have survived, and many others have hibernated while the storm has lasted. The fortitude to restart after such a huge blow can be even harder to come by than the fortitude they needed...