We spend our whole life trying to buy security from the unknown to ensure known outcomes so that we are protected from everything that might be unknown, such as a death, a car accident, or a fire. We get life insurance, health insurance, car insurance, disability insurance, homeowners insurance, personal property insurance, casualty insurance, state and federal […]
It’s no secret that the high-pressure world of business can have some negative effects on our health. Aside from the constant stress that comes with being a successful entrepreneur, there’s the ever-present risk of debt. We’ve all seen it happen – an investment goes awry, your forecasts turn out to be off or a global […]
If you’re a founding member of a tech startup, the odds are good that at some point you will find yourself pitching a venture capital firm to raise money. Here are a few simple tips to help you prepare for and improve your pitch to potential investors.
Are your customers happy? Such a simple question is remarkably difficult to answer. You could ask them, but rarely will someone tell you their honest opinion of you. You could wait and see if they remain customers (unhappy customers will leave), but by then it’s too late to change their mind. You could have someone […]
Sometimes entrepreneurs are so focused on making change happen for others that they forget that continually changing themselves and their company is equally important. Some get stuck in a rut and get run over by competitors with new technology, like Eastman Kodak, and others get pushed into a crisis, like Apple did, before they reinvent […]
So you’ve decided to become an entrepreneur. Great! You probably already have plans to become the next Silicon Valley giant, giving Mark Zuckerberg or Sergey Brin a run for their money. Maybe you want to build the next WhatsApp you can sell to Facebook for a mind-boggling $19 billion. Maybe you just want to be […]
Money is flowing into biotech at an almost startling rate. In 1980, investments topped out at $2 billion. In 2012, that number was $48.5 billion. One reason for this massive influx of cash is the seemingly endless number of opportunities in the biotech industry, where researchers continually find new uses for drugs and new fields […]
Stop grasping at any promising lead method that comes your way. Read about the ins and outs of developing your own lead generation program.
With the recent apparent successes of several startups in taking their company public (initial public offering) and raising billions of dollars, I’m hearing a groundswell of enthusiasm from new entrepreneurs to follow in their footsteps to fund their companies and become billionaires overnight. “If Facebook, Yelp and Twitter can do it, then why not me?” […]
We all know at least one entrepreneur who always gets things done and appears unstoppable in his quest. All of you probably know many others who talk incessantly about their great ideas, but never seem to even get started, or they give up at the first obstacle. What are the attributes that make an entrepreneur […]
If you’re part of an accelerator or startup, the SEC just granted you a new way to approach funding in 2014: the right to solicit a broader range of investors. I wouldn’t jump the gun on this opportunity too quickly, though — there’s a bit of fine print to read first. For one thing, the […]