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...

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....

A business plan is a written description of your business's future, a document that tells what you plan to do and how you plan to do it. If you jot down a paragraph on the back of an envelope describing...

Starting Your Business   There is an app for just about everything these days even for starting your business. Groceries, taxis, black cars, valet parking, haircuts, even tailors and dog walkers can all be ordered on demand from your smartphone. There's even apps that...

One of the most serious career choices you can make is whether you will be on the clock for someone else or work for yourself. But don’t be fooled: working for yourself doesn’t always mean starting a business. It’s not...