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A popular approach for aspiring entrepreneurs these days seems to be to corner anyone who will listen, with a pitch on their current “million dollar idea.” The initial monologue usually ends with the question “How much money do you think this is worth?” In my opinion, ideas are a commodity, and are Read More

Robert Ellis considered a long list of business ideas before starting Bavarian Clockworks, a business that makes cuckoo clocks from the Black Forest region of Germany. Learn more about the business and how it operates in this very specific niche. Read More

Most new entrepreneurs work alone in developing their idea or a solution to a problem, but ultimately realize that starting and growing a business requires more. Not many people have the bandwidth to simultaneously cover all the required bases in finance, marketing, manufacturing, and operations, a Read More

You are taking a big risk by developing your own startup company. Here are several ways you can use to evaluate your idea to see if your risk will pay off. Read More

Building a startup is never a straightforward journey. However, you should have some goals in mind for your first year. As Backblaze CEO Gleb Budman shares, one of those goals should be to survive and shares some of his top tips or doing just that.
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Milestones are what you use to convert your business strategy and tactics into action. They’re also an essential part of any Lean Plan. Here’s how to set (and adhere to) your milestones. Read More

It doesn’t matter where you learned your marketing tip from or how many you have on the list if you do not know the two of the most important rules in startup marketing: 1) A great product alone does not spell success; 2) No amount of marketing will make a lousy product gain a following. Read More

So many small businesses start as a dream. But what types of businesses are entrepreneurs currently dreaming about starting? Online equipment marketplace Bid on Equipment recently created an infographic showing the types of businesses that are most popular with prospective entrepreneurs and current Read More

In my years of mentoring entrepreneurs, a problem I have seen too often is low self-esteem, and over-compensating through arrogance and ego. These entrepreneurs find it hard to respect customers or team members, and their ventures usually fail. As a team member, low self-esteem leads to low confide Read More