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?

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.

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.

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.

“The single biggest problem in communication is the illusion that it has taken place.”– George Bernard Shaw

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?

Why are your top performers starting to leave? Do NOT read this article if you are building a commodity based business. If, however, you are establishing a dynamic, visionary organization…

Since the business side of my world is focused on entrepreneurialism and business growth, so is my new year reading list.

While there is no formalized list of “Thou Shall Not” items for start-ups seeking funding similar to the Ten Commandments, if there were, Thou Shall Not encumber your balance sheet with debt, would certainly make the list.

If you’re not careful, it is easy to focus on avoiding onerous rules or minimizing tax consequences at the expense or your core business operations. These are certainly important factors, but they take a clear second place to meeting the market demand-solving the consumer’s problem.