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Entrepreneurs usually understand that profit is important. But many are less consciously aware of the actual model by which they will (or will not) make money in their ventures. Many have a gut feel, Read More...
Category: Applied and Practice
Authors: Michael Morris and April Spivack
I grew up in Ireland, and my family hails from Ballyhaunis in County Mayo. Dad was a small business owner, who used his trusty cab to provide service to our neighbors. Dad provided my first exposure Read More...
Category: Applied and Practice
Authors: Kieran Folliard and Eapen Chacko
The timing of external funding for a new venture can have dramatic impact on its survival and success. In the case of equity financing (i.e., preferred and/or common stock), seeking funding before Read More...
Category: Applied and Practice
Author: Phil Greenwood
New venture capital firms must make a variety of strategic decisions about market positioning and relationships with the entrepreneurs in their portfolio. One choice VC firms must make is whether to Read More...
Category: Applied and Practice
Author: David Hsu
Entrepreneurs who want to turn a great idea into a thriving business inevitably need a team that can make it happen. What increases their odds of a successful venture: hiring mainly technical experts Read More...
Category: Applied and Practice
Authors: Charles Eesley , Edward Roberts and David Hsu
The Corleones of "Godfather" fame are an extreme example of a “family business.” But like many family businesses, they have a family member who is a serious hindrance to their business, is less Read More...
Category: Applied and Practice
Author: Kimberly Eddleston
Unlike the US, most developing countries lack the regulatory and financial infrastructure needed to help promote entrepreneurship. Private resources such as venture capitalists, angel investors and Read More...
Category: Applied and Practice
Author: Charles Eesley
Seed stage entrepreneurs must grapple with how they will scale their businesses. While this process includes many steps, discovering the proper product/market fit for the business is critical early Read More...
Category: Applied and Practice
Author: Jon Eckhardt
Arguably, no CEO anywhere doesn’t occasionally wish that he or she didn’t have to deal with a board of directors. You’re the CEO! The visionary leader! This is your baby, and you and your Read More...
Category: Applied and Practice
Author: Kathleen Allen
Most businesses say that they put the customer first. Yet customers today are more ready than ever to bolt. The changing fortunes of even venerable chains such as Macy's and Sears shows that no Read More...
Category: Applied and Practice
Authors: Richard Schulze and Kimberly Eddleston