I've been doing startups for 22 years, but it took me the first five or six to appreciate how difficult it is to build, grow and sustain a business. Like most people, I saw challenges as something bad and sought to avoid them, but some were unavoidable — the 1999 internet bubble, for example,...
Build the right conditions to give your startup the best chance to flourish.
There’s a monumental shift taking place in the American workplace: people are quitting their jobs in record numbers. Up to one-third of people joining ‘The Great Resignation’ say they want to be their own boss…
In April 2021, when Jenny Yaeger, 55, launched her Denver-based accounting and financial consulting firm for small -and medium-size businesses, ClariFI Business Solutions, she tapped her personal savings. “Downsizing was what made it possible for me to go out on my own,” says Yaeger, the former chief compliance and finance officer…
As the U.S. economy experiences rapid growth this year, immigration attorneys are seeing a sharp rise in the number of foreigners wishing to launch new businesses in the U.S. But even though these entrepreneurs may have good ideas that could potentially create new jobs, the legal…
Individual venture capital companies receive more than 1,000 proposals a year and are primarily interested in businesses that require an investment of at least $250,000, as stated in Embroker. However, according to the same source, only 1% of startups turn out to be the next Uber, Airbnb…
One of the most important traits in a successful startup is adaptability.
Over time, you’ll face new competitors, and your existing competitors will launch new products and services to try and out compete you. New technologies will emerge that could drastically change…
The first rule of scaling a business is “Don’t worry about the rules of scaling a business.” If you’re copying others, then you’re always following their lead, which means you pick up breadcrumbs instead of getting the loaf. Instead, look for the leverage only you can create.
That requires an innovative strategy on three fronts…