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Advice - I am a practical guy, so I recognize that expecting the real world to be fair is a dream that every entrepreneur needs to put aside as they reach the age of majority. As a business advisor, I see entrepreneur passion often so...
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Advice -  Starting a business is not easy. Only half of all new companies survive past the 5-year mark, according to the Small Business Administration. But business owners would face better odds if they were able to step back from the...
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Advice - So you are interested in joining the fast, crazy and amazing world of fashion tech, but how do you break in? It seems like a cool industry, but with all of the new technologies coming out it can be tough to keep up. I found that to...
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Advice - We have written a lot here about fundraising and how it is a complicated, and at times, confusing process. To fundraise effectively, you need to prepare and have a strategy, understand different types of investors,...
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Advice - The biggest factor determining the success or failure of any CEO is his or her ability to recruit and hire well. High performance leadership requires mastery of an entire set of skills. Recruiting is one of those leadership...
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Advice - In my experience as an advisor to aspiring entrepreneurs, I often encounter the myth that an initial startup requires investors. The reality is that over 80 percent of new businesses will never attract venture capital or angel...
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Advice - Ideas don’t matter, execution does. But even the world’s best entrepreneur would fail with a fundamentally flawed startup idea.We talk a lot about startups, how to succeed, and what to do to build a large and loyal following...
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Advice - Entrepreneurship is sexy (at least it is portrayed that way in the media) and has many benefits. But for the wrong person, the "American Dream" can quickly become a nightmare. Here are a few of the big, neon, flashing signs that...
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Advice - Let’s face it; most entrepreneurs are really busy people. They focus on launching new products, raising capital or a multitude of other things.  And, with the limited number of hours in a day, who can fault them if documenting...
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Advice -  I never thought I would walk away from a term sheet. I’ve seen investors do it before — I’ve been on the board of the company on the receiving end of a pulled term sheet — and it’s never pretty. Even with a...
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Advice - I am a female CEO — apparently a rare breed these days. Even rarer perhaps is my leadership team, which is 50 percent women, and that of the 31 people on staff at my financial technologies startup, 50 percent are women. That said,...
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Advice - Entrepreneurs seem to have blinders on when looking at competitors. Generally they are so focused on killing competitors that they fail to see the positive potential of a strategic partnership or some other type of collaborative...
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Advice - I started my first (real) company when I was 17 years old in 2001. It was a digital marketing platform that connected mortgage lenders with mortgage borrowers. I had no clue what a mortgage was, but I had connections who would pay...
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Advice - When starting a new business, an entrepreneur has to take a “hands-on” role. Because there are so many unknowns and things happen so fast, this is no time to delegate or hire outside consultants to handle core functions. That...
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Advice - “I eventually had to rebuild the entire app again.” “I cannot launch because our developers are taking too much time.” “People will hate our company because of our app.” If this sounds like you, you are not alone. You...
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Advice - It is still popular these days for startup founders to operate in stealth mode, meaning no details about the idea or progress are shared with anyone until the big reveal and rollout. The common reason given is that this prevents any...