Founding a successful startup comes with numerous challenges, but the most difficult obstacle to overcome isn’t coming up with funding or finding the right space to rent for the office. According to a survey completed jointly by CoFounder magazine and...
Businesses are incredibly difficult ventures to start. More than half of all businesses fail within five years of starting, according to statistics gathered in 2016. While this is far better than the traditional belief that half fail within a single year...
Most entrepreneurs, from the time they start their business, think about the prospect of scaling. Scaling is the necessary path to improve profitability, expand your reach and solidify your long-term prospects. So, no matter what your main motivation is for becoming...
Developing A Product Imagine trying to explain the value of the transistor radio to the general population back in 1954. How could manufacturers convince consumers that they would meet needs customers weren’t even aware they had? A tough sell, but once it caught...
Overcome Entrepreneurial Stress Entrepreneurial Stress go hand-in-hand; however, I recently had lunch with a civil engineer who helped reframe some of that work-related stress for me. During the meal, my friend talked about a bridge restoration project over a local river he was working...
Reasons Why Businesses Fail Entrepreneurship is no walk in the park. In fact, the amount of new businesses fail exceed the number that succeed. That’s why it’s more important than ever to create a unique product or service that helps you stand out...
Open your internet browser, and you'll be flooded with stories of overnight entrepreneur success: “I made a million dollars in my first year” or “I run my seven-figure business from the coast of Fiji.” That sounds great, but is it really true?...
With all of the talk of disruption, it’s easy to believe that reinventing the wheel is the only way to have a successful startup . There’s a lot of pressure to innovate and create, but that’s not the only way...
Millennials And Their Startups It’s every parent’s hope that their children have a better future. For Generation Y, that future is more achievable than ever before for startups -- but it doesn’t come without its challenges. Late last year, the Wall Street...
Let’s say you wake up one day and decide the world needs a better mop, and you’re just the person to make it. Before setting out, you interview prospective customers. “Are you looking for a better mop?” you ask someone....