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Every entrepreneur wishes that he could predict whether his idea could be the “next big thing,” before he spent his life savings and years of energy on it. Investors, on the other hand, typically don’t even look very hard at the product or service, but prefer to evaluate first the entrepreneur, and Read More

Things change so fast these days in business that your first priority as an entrepreneur is to stay current, by talking to customers, peers, and experts. Secondly, you must constantly communicate suggested changes to your team, implement necessary pivots, and realign all the elements of your busine Read More

Contrary to what you might guess, the highest rate of entrepreneurial growth over the last few years is not Gen-Y upstarts, but Boomers over the age of 50, now called encore entrepreneurs. In fact, according to the most recent Index of Startup Activity by the Kauffman Foundation and recent SBA repo Read More

Does it sometimes seem like people all around you are getting promoted, or leaving to start their own business, while all your hard work and experience are getting you nowhere? Maybe it’s time to take a hard look at your habits and the perceptions they convey, compared to some of the other people o Read More

Too many aspiring entrepreneurs I mentor can talk at length about their innovative ideas and passions, and ask lots of good questions, but never make much progress in building a real business. In my experience, building a business is much more about getting things done than having great ideas. The Read More

Why is it that only the most successful entrepreneurs, including Mark Zuckerberg, Bill Gates, and Richard Branson, admit to having a mentor and actually use them? Starting a new business is tough, and the last thing you need is to suffer the same mistakes that have killed businesses like yours befo Read More

Many aspiring entrepreneurs are looking to the Internet as an opportunity to get rich quick, instead of a place where you can start a business you love, for very little capital and minimal technical expertise. The reality is that if you build a business you love, you may in fact make big money, but Read More

“If we build it, they will come.” I heard it again yesterday from a technical entrepreneur who should know better than to believe the old “Field of Dreams” sports fantasy movie theme in today’s Internet information overload environment. These days, building a new business is all about visibility an Read More

Most of us view weekly staff meetings today with a degree of trepidation and frustration. Many have suggested that it is time re-engineer this process, or eliminate the meetings entirely.

In an old survey on staff meeting obstacles conducted by GroupSystems, I found the following not-so-surprisi Read More

At some point in their life, hopefully everyone strives to be the best in their chosen profession. Most people think that being the best requires more intelligence, more training, and more experience. In reality, in business or even in sports, the evidence is conclusive that it is as much about how Read More