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How do you convince investors that your business model will really work, before you have a revenue stream that exceeds your expenses? Even if you are bootstrapping your business, and you are the only investor, you should be asking yourself the same question. Too many founders have learned that pass Read More
Most experts agree that the pace of business change is increasing, and all the business owners I know are struggling to keep up, much less surpass the wealth of global competitors now entering the market. Based on my own experience as a business executive, I believe it’s time to be more proactive i Read More
Most entrepreneurs I meet are reluctant to disclose anything about their idea to investors before getting a signed confidential disclosure agreement (CDA). Professional investors and advisors, on the other hand, usually refuse to sign these agreements today due to the risk of litigation and adminis Read More
If you sold your last startup for $800 million, you probably already know how to build a business, and even conservative investors won’t worry about the quality of your next business plan. But, for the rest of us, don’t believe the Silicon Valley myth that all you have to do is sketch your million- Read More
With today’s rapidly changing environment, I see many business leaders reverting to the “command and control” leadership model, in an effort to be more responsive, rather than leading with their heads and heart. Yet I find in my mentoring practice that more and more team members prefer the human-ce Read More
Most new business owners I know feel the challenges of not enough time, money, and resources, and see these as problems rather than a competitive advantage. In reality, based on my experience as a startup advisor and investor, these constraints lead the best entrepreneurs to the most innovative sol Read More
Most entrepreneurs have found by now one or more of the many popular crowdfunding sites, and have the name and contact information for at least one of the big venture capital firms. But many have no insight or connections to the ethereal angel investment community, which In the U.S. contributes mor Read More
Every entrepreneur I know can’t find enough hours in a day to do the good things they want, and yet they often find themselves saying yes to new requests. Perhaps because they are optimists by nature, or they just hate to disappoint others, they end up hurting their health, credibility, and effecti Read More
For the elite startups and entrepreneurs who manage to attract the investor they dream of, and survive the term sheet negotiation, there is still one more hurdle before the money is in the bank. This is the mysterious and dreaded due diligence process, which can kill the whole deal. In reality, it Read More
Most entrepreneur that fail are quick to offer a litany of constraints that caused their demise – not enough money, time, customers, or support from the right players. Ironically, as a startup investor and mentor, I have seen too many failures caused by just the opposite – too much money spent too Read More

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Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!