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According to most authoritative sources, the global economy has been severely impacted by the pandemic that continues to linger. Yet if you wait for an obvious economic bubble before starting your new business, you will be making a comparable mistake to the people who thought during the dot-com bub Read More

I have to advise all my new venture clients that starting a business has always been very risky, and the ones who will succeed are the exception, rather than the rule. Yet I feel strongly that the odds are now better than ever, with the world-wide internet, artificial intelligence, and the rapid ad Read More

As an advisor to small businesses and aspiring founders, I often hear the myth that all new businesses must start with a disruptive idea. I have to disagree. I believe the best new venture founders start by finding a large opportunity, and only then use innovative ideas to deliver on that opportuni Read More

Many business owners are not prepared for conflict, or actively avoid it. Their vision, passion, and focus are so strong that they can’t imagine someone disagreeing, much less fighting a no-win battle. But the reality is that new ventures are composed of smart people, with emotions as well as intel Read More

In my work with business professionals over the years, I have met many who seem quick to engage in contentious dialogs with peers and constituents. These may be experts in their field, and have more experience, but they often exacerbate the problems rather than resolve them. The most effective lead Read More

In my experience mentoring aspiring technology entrepreneurs, one of the most common questions I always encounter is how to acquire the necessary team to develop and deliver the solution envisioned. Alternatives available include doing it yourself, assembling your own new team, hiring an experience Read More

When I started mentoring aspiring founders and small business a few years ago, I anticipated that I would get mostly tough technology questions, but instead I more often hear things like “Where do I start?” I find that the basics are actually the hardest to answer, just like your parents found out Read More

If you are just plain tired of working so hard, or your business is not getting the traction you expected, should you shut down cleanly, or just file for bankruptcy and walk away? For those who think that bankruptcy is always the easy way out, think again. Bankruptcy should always be the absolutel Read More

In my experience in business, I have learned that brands are dependent on people first. Customers are your most important people since customers tend to take their relationship with a brand personally. Thus it’s not a surprise that people love their favorite smartphone brand, cringe when you mentio Read More

I believe today’s customers are overloaded and overwhelmed by too much information, so making any decision is a challenge. You may think this is only important to your marketing and salespeople, but in reality, it doesn’t matter how great your product or technology might be, you won’t succeed if yo Read More