There has been a trend to try to create one overarching company mission statement. However, they often become “wall art” hanging in the office of little practical use in operating the company.
Posts By: Dave Clark
How to Build a Winning Team
How to Create a Strategy, Vision and Mission
How to Create an Advisory Board
How to Get Funding
How to Improve Your Company
How to Improve Your Pitch
How to Start Your Company
Entrepreneurial Ecosystem Spotlight
Startup Accelerator Spotlight
Startup Investor Spotlight
Business Startup Spotlight
Entrepreneur Events Spotlight
University Entrepreneurial Program Spotlight
Women Entrepreneurs Spotlight
Intellectual Property – The Heart and Soul of Your Startup
At its core, entrepreneurship is about the monetization of an idea. That idea emanates from the process of identifying a problem that someone or some business faces and finding a solution. That idea is the very heart and soul of your start-up.
3 Ways to Kill your Company
There are many ways for a startup to fail. Some factors, like regulatory changes or input cost increases, are beyond the founder’s control. However, there are three significant actions that entrepreneurs are often guilty of that can kill your company as fast as anything.
“All-in” – Prudent Risk vs. Gambling
Greek historian Herodotus once said, “Great deeds are usually wrought at great risk.” The great company you are building will not come easy. It may require you to go “all in” (and take a prudent risk) to make it work. But what does that mean and when do you undertake such a risky action?
The Artistic Side of Due Diligence
The greatest hurdle to getting startup funding is providing the Investor with the information that illuminates your company and shows the details of why you are “investable.” That is the process of creating a world class Due Diligence package.
Six Lessons I have learned from Startup Failure
Most Businesses fail… sooner or later.
They fail in all sorts of ways: collapsing from the inside, succumbing to outside pressures, etc. In fact, there are far more ways to fail than succeed.
Sometimes “Old School” Can Be More Efficient
There are a tremendous amount of “time-saving” options available to the entrepreneur. Sometimes, they are; Sometimes they are not; and sometimes, the old ways of doing things can be more efficient.
The Only 3 Things that Can Lead to Startup Success
There are dozens of factors that influence the trajectory of a startup company. Many things that can kill your operation; for example, high cost of goods, the inability to find qualified employees or simply poor management. However, there are only 3 things that can make your company a success.
Eight things Startup Business Owners Need to Know about Millennials
The increasing importance of the Millennial or Gen-Y Generation, those born between early 1980s and the early 2000s, presents the most significant shift in focus for businesses. This up and coming group may present some unique challenges to new business owners, particularly those from an older generation.
Faith, Hope and Strategy – an Entrepreneur’s Life
An entrepreneur’s favorite word is “yes.” We are perpetual optimists. Success is always possible. If you ever stop believing that, shut your operation down immediately and find something else to do that will make money.