How to Diversify Into New Markets

In these challenging times, we see a lot of companies trying to figure out how to enter new markets. Many companies have found their markets have shrunk, or even disappeared. Even companies that have been unaffected are starting to wonder if they should diversify. But exactly how do you enter new markets? If you are… Read More

How to Get Venture Capitalist to Invest in Your Startup

Some of the myths about raising money are all too familiar. “I just need to be introduced to the right person.” “I will put my idea on one of those crowdfunding platforms.” “Once my prototype is done, everyone will want to fund me.” Or, my favorite, “We will bootstrap with [students/interns/work for stock] people.” Raising… Read More

Employee vs. Contractor vs. Company

The most common inquiry we get from startups is “when do I use a company versus a contractor, versus an employee?” Our research has concluded that getting this question right correlates with startup success, and getting it wrong often leads to startup failure. So, what is the right answer?       Employee: – The… Read More

5 Signs Your Team is Dysfunctional

It is no secret that a functional team will always outperform a dysfunctional one. Any sports fan will tell you the coach’s ability to get the team to work together as a team will always outperform a group of dysfunctional superstars. But, how do you tell if your team is dysfunctional? Look for these 5… Read More

How to Destroy a Startup

I never met a startup that was not positive they would succeed.  Indeed, overconfidence is a necessary talent for becoming an entrepreneur; if only it was sufficient one as well we would not see 95% of startups fail. All entrepreneurs believe in themselves and their company; but in far too many cases, these same entrepreneurs… Read More

The Three Funding Phases of a Startup

Some of the myths about raising money in a startup are all too familiar. “I just need to be introduced to the right person.” “I will put my idea on one of those crowdfunding platforms.” “Once my prototype is done, everyone will want to fund me.” Or, my favorite, “We will bootstrap with [students/interns/work for… Read More