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Starting a Business

Why Sam the "Yes Man" Never Got Paid

Brian de Haaff | Posted 05.27.2015 | Business
Brian de Haaff

I used to know a guy -- we'll call him Sam -- who always agreed with everything the CEO said or did. He loved the CEO even when she was nasty or very, very wrong. He was a Yes Man. Every organization seems to have at least one.

10 Steps to Start Your Startup

George Vou | Posted 05.26.2015 | Business
George Vou

"I'm ready to get started, so now what do I do?" Whether people are coming out of university, work or various competitions, everyone seems to have that same question. Here's my answer in ten little pieces.

So You Think You Can Go Public? (Re)Meet the OTC

Victoria Silchenko | Posted 05.26.2015 | Business
Victoria Silchenko

I believe, if you run a modern company, your stock options should be worth money and you should be able to turn around and sell or exercise them. In other words, your company stocks should be able to become your own currency.

How Far in Debt Should Your Business Go?

Brian de Haaff | Posted 05.26.2015 | Business
Brian de Haaff

Broke. Kaput. Dead. Finished. That is what it feels like when your small business runs out of cash. I would tell you to avoid that from happening, but that's just stupidly obvious. The problem is that if you start a company, it likely will.

Organizational Debt Is Like Technical Debt - But Worse

Steve Blank | Posted 05.19.2015 | Business
Steve Blank

While technical debt is an understood problem, it turns out startups also accrue another kind of debt -- one that can kill the company even quicker -- organizational debt. Organizational debt is all the people/culture compromises made to "just get it done" in the early stages of a startup.

Is a Startup Right for You?

Scott MacFarland | Posted 05.07.2015 | Business
Scott MacFarland

There seems to be a lot of buzz right now that talks about why today's college graduates should start their own business or work for a startup when they graduate.

How I Turned A Love Of Fashion Into A $25 Million A Year Business

Linda Lightman | Posted 05.06.2015 | Business
Linda Lightman

I always loved fashion but never really thought about a career in it. Building a business takes dedication and lots of time management. I ran my business entirely from my home for the first five years. As we've grown to over 110 employees, I can honestly say I've done every single job in our organization at some point.

What Are the Biggest Challenges Facing Start-Ups?

Dr. Paul Philipp Hermann | Posted 05.05.2015 | Business
Dr. Paul Philipp Hermann

I can say from experience that starting a new business can be as terrifying as it is exciting. This is because, at any given time, a young company can find itself facing a number of obstacles.

How One Startup Figured Out What Could Really Help Deaf People

Steve Blank | Posted 05.01.2015 | Small Business
Steve Blank

Thibault was driven to solve a very personal problem -- he grew up in a deaf family, the only one who could hear. His team project was to provide automated aids for the hearing impaired.

How to Follow Through On Big Ideas

Lori Osterberg | Posted 04.29.2015 | Women
Lori Osterberg

Too often we get in our own way and allow our thoughts to control our actions. We can be our own worse enemies when it comes to moving forward in a big way. The next time you find yourself saying no to your ideas out of fear of the unknown, try one of these steps instead.

Six Tips Every Young Entrepreneur Must Know When Getting Started in Business

Shanila Sattar | Posted 04.17.2015 | Business
Shanila Sattar

Always work towards having adequate balance. This doesn't mean work and life have to be separate entities, but do consider the threshold when one does not benefit the other.

Minipreneurship: Proving That Entrepreneurship Is Accessible At Any Age

Carrie Rich | Posted 04.14.2015 | Business
Carrie Rich

Let's face it, it is no longer uncommon to see millennials go out on a limb, take the road less traveled, and make a positive impact through entrepreneurship. But 7-year-old entrepreneurs... Are we ready for that? Just wait until you read this interview.

One Trick Every Entrepreneur Should Know Before Starting

Tania Yuki | Posted 04.06.2015 | Small Business
Tania Yuki

Being an entrepreneur is no different from any other kind of leader, and step one in both cases is to manage your state. And the biggest key in managing your state is ensuring you only feed your mind with quality questions. Ask questions that contemplate the outcome you would like, rather than questions designed to dissect and dwell on what you don't want.

Why I Said No to Making $1 Million This Year

Anita Wing Lee | Posted 05.27.2015 | Healthy Living
Anita Wing Lee

If you've got big dreams, it means that the universe has big plans for you. You don't need to force yourself to fit into someone else's mould of success -- whether traditional or untraditional. As long as you keep taking steps forward, you will get there. It's your journey. Do it your way.

How to Start Investing With Less Than $500

GOBankingRates | Posted 05.23.2015 | Money
GOBankingRates

There is a common belief that the best investment options require a lot of money to get started, but the reality is there are investments that allow you to start with as little as a $10 per month contribution, or a one-time deposit of $25.

The Single Biggest Reason Why the U.S. Economy Is Still Bad Despite a 5.5% Unemployment Rate!

Ebong Eka | Posted 05.16.2015 | Small Business
Ebong Eka

Is the economy really getting better for most Americans? It depends who you ask - the unemployed and underpaid would obviously disagree with that question.

Equity Crowdfunding Is Dead -- Long Live Equity Crowdfunding

Victoria Silchenko | Posted 05.05.2015 | Small Business
Victoria Silchenko

In life, whatever it is we are seeking will not arrive in the form we are expecting. Such is the case with raising equity in a post JOBS Act market -- something that fascinated but at the same time confused many business owners.

Blowing up the Business Plan at U.C. Berkeley Haas Business School

Steve Blank | Posted 05.03.2015 | Education
Steve Blank

By embracing lean, you can be assured you will be giving your students essential innovation skills they will use for the rest of their lives. You will see great startups focused on solving real customer problems emerge as well. This is an exciting journey and we are all right at the start.

Don't Make My Mistake. Here's What I Wish I Knew Before Starting a Business

Jamilah Corbitt | Posted 04.29.2015 | Small Business
Jamilah Corbitt

I arrived at the stark realization that I wasn't running my business -- my business was running me. My company was in the red and I was drowning.

4 Ways to Avoid Common Start-up Mistakes

Ian Mills | Posted 04.22.2015 | Small Business
Ian Mills

Do not fall into the trap of thinking you can do it all. Running a business requires a variety of skills and experience, and a savvy entrepreneur will build their team to balance their own weaknesses. Make sure your core team includes people who bring something to the table.

7 Things You Need To Know As A Young Entrepreneur

| Rhett Power | Posted 02.26.2015 | Small Business

I'm back from a snowy week in Luxembourg thanks to the US Embassy and a program that they have to train young entrepreneurs. I spent the week training...

5 Mistakes to Avoid When Starting a Business

Alex Pirouz | Posted 04.10.2015 | Business
Alex Pirouz

Start-ups face an uphill battle--from financing, to hiring, to distinguishing themselves from the vast crowds of competitors fighting for market share and publicity. The potential rewards might be great, but there's a lot to navigate between here and there.

How Traveling Helps You Succeed in Business

Paige Brown | Posted 04.07.2015 | Travel
Paige Brown

Get out from behind your desk and beyond the walls of your organization. Go experience the world, and you'll discover you're more prepared to compete and win in business than before.

When Krave Jerky Showed up in Class With a $435,000 Check

Steve Blank | Posted 04.05.2015 | Business
Steve Blank

I remind my students that I'm teaching them a methodology they can use the rest of their careers, not running an incubator. Every once in awhile, a team ignores my advice and builds a company worth hundreds of millions of dollars.

Why 'Doing What You Love' Isn't Enough When Starting A Business

Margaret Manning | Posted 03.25.2015 | Fifty
Margaret Manning

We understand that starting a business requires passion, discipline, value creation and luck, but it's so much more pleasant to believe that if you 'do what you love the money will follow.' The problem is that half-truths are often more destructive than lies.