How do we get there? Remember that your organization’s vision is the destination.

It is essential to understand your organization’s dreams for the future, prior to coming up with the pretty words you put on paper and hang in conference rooms. So, how does an organization create an effective vision statement?

There are many motives to start a business. In a market system at its simplest form, the purpose of a business is to make money. However, you must never forget your “raison d’être,” your company’s real reason for being.

One dark rainy night on a muddy hillside in Germany, I learned what it meant to be a great organization.

If this research were to uncover the ‘secret sauce’, entrepreneurs could prepare accordingly and drastically increase their probability of successfully acquiring the funding.

Board resolutions are numerous issues to address as one creates and establishes a new company.

noun: value in a property, business, etc., that results from the work that a person does to improve it;
also : the work itself”

There are two key factors to consider in order to be great startup advice from outside experts: Pick the right team, and always know what you want before you ask.

Many founders don’t consider this one until it’s too late. The excitement and adrenaline of getting started leads to a “kumbaya atmosphere” where all things are equal. This spills over into salaries. Sooner or later, the amount of time, effort and energy expended by the partners is no longer equal, but their salaries are. Tensions begin to rise.

Starting a scalable company is a daunting task. This will challenge even the most experienced management team. The team’s success requires a complete understanding of the issues and risks it faces in its quest to succeed.