Starting your own business to get rich is backward thinking. Put yourself behind a product or service that you know, […]
Y Combinator introduced the safe (simple agreement for future equity) in late 2013, and since then, it has been used by almost all YC startups and countless non-YC startups […]
While raising money for an entrepreneur can seem like a daunting task, there are actually specific steps you can take to make your company a more attractive investment. These include […]
Establishing a standard process for communication helps to keep various constituents informed and brings consistency to your messages. Tailor the content of the communications to your business. Assign ownership […]
You feel disorganized every day but you are not really sure how to change that. Certainly many of the other perspectives in this guide (e.g., setting priorities, […]
Every company has the same basic functions—sales, marketing, product, operations, finance, etc. Organize regular meetings for each department or for major issue that require attention (e.g., pricing, […]
Things move fast and it is hard to keep everyone informed. Distribute a one-page Business Summary at the same time each week that updates company constituents on […]
Wouldn’t it be great if at the beginning of your entrepreneurial venture you were handed a “Starter Kit” that magically put everyone on the same page and created efficient ways […]
When you’re running about your day with a mile long “to do” list, it’s unlikely you have the extra time to figure out how everyone is […]
Startups are fast-paced, high-pressure, cortisol-inducing environments. This makes them ripe for lots of miscommunication and misinterpretation — across all levels. Here are some of the most common communication […]
As an entrepreneur, you need lots of skills in your toolbox, from sales and marketing, to finance, leadership, administration, and more. However, one of the most important parts of running a business […]
Many in the entrepreneurial ecosystem will say that the single biggest problem they have to deal with in small companies is the lack of open, honest, and effective communication, […]
One of the issues you face is dealing directly with vendors. You often don’t have the capital to strike normal compensation relationships with vendors. You […]
I recently had an entrepreneur tell me, “No one can perform up to my standards.” I asked her, “What about Steve Jobs or Arianna Huffington or Martin Luther King or Donna Karan or […]
Building things from scratch is the essence of being an entrepreneur. It’s what we do. It’s the whole notion knowing that you have put in everything you’ve […]
We know the feeling – you can’t wait to get your first customer. It doesn’t matter who they are or how you got them. All that matters […]
We all want to have the perfect product or service. But more often than not, we don’t have the resources or capital to deliver the perfect product or […]
Since we believe that what we’re doing is so unique, everyone will have the same perspective and want our product. And since it hasn’t been […]
Working with startups (plus building and managing a few of our own) has taught us that founders and business owners continuously struggle to stay on top of their financial […]
Factoring is a financial service in which the business entity sells its bill receivables to a third party at a discount in order to raise funds. […]
How a letter of intent speeds up cash flow - getting commitment on paper before contracts are signed, so you are not waiting months to be paid.
The excitement of starting a new business can make it hard to focus on the details. Find out the top eight legal mistakes startups make and how you […]
Starting a business can be fun and thrilling, especially at the outset. But many of the mistakes that ultimately sink businesses can be made in the early […]
Starting a business can be fun and thrilling, especially at the outset. But many of the mistakes that ultimately sink businesses can be made in the early […]
Now that you’ve laid down the basic foundation for your business and reviewed your needs, it’s time to put your plan into motion. But before you go out and start […]
