A big company bench can allow you to scale rapidly, but excess payroll costs can also drag you down…fast. On the other hand, you can’t be too timid or slow, the market waits for no person. So how do you handle this dilemma?

Every scalable startup will require external funding. A great team with an amazing idea where there is a clear demand is still doomed without the finances to make it happen.

In the U.S. alone, over 8.7 million people are self-employed entrepreneurs. That’s roughly 2.6% of the total population. So what do they have that other people don’t? Here are the different entrepreneur types and why they are successful.

Mission statements are very simple, which makes them exceptionally hard to formulate. There are five components to a good company mission statement.

1. Growing old while building a startup company will mature both you and the business.

Objects in the physical world don’t move of their own accord, nor do they in economics. An important piece of business advice from professionals? Everything follows Newton’s 3 Core Laws.

Entrepreneurs tend to be action oriented with an urgency to “get it done” and see progress. However, we often fail to take the initial steps necessary to assess the idea and the market.

Customer Discovery is not a static operation. It is a continuous flow. The more you know about who will use your product, the greater the likelihood of success.

Some entrepreneurs fail to leverage the knowledge and experiences of others by failing to create advisory boards. These boards are a critical component required to scale strong entrepreneurial opportunities.

Pitches are presentations created in order to help entrepreneurs communicate with investors to raise money to fund their venture.