The First Mile: A Launch Manual for Getting Great Ideas into the Market

That first mile—where an innovation moves from an idea on paper to the market—is often plagued by failure. In fact, less than one percent of ideas launched by big companies end up having real impact. The ideas aren’t the problem. It’s the process.

The First Mile focuses on the critical moment when an innovator moves from planning to reality. It is a perilous place where hidden … [ Read more ]

How to Find a Co-Founder

There are few factors that can make a company more successful, fun, and epic than an awesome co-founder. There are few factors that can make a company more unsuccessful, aggravating, and pathetic than an incompetent, lazy, or dishonest co-founder. This article explains the art of the picking a co-founder.

How to Transform Your Business in 60 Minutes a Day

If you’ve been acting more like a worker and less like a leader, these 5 activities can put you firmly back in the driver’s seat of your small business.

What Managers Need to Know About Entrepreneurship History

Interest in developing entrepreneurial skills is exploding, and thus new approaches are emerging to keep up with demand—and also keep up with the changing nature of entrepreneurship education. Where are these new approaches coming from? And, how precisely are the new ways of conceiving entrepreneurship education different than traditional approaches? With these two practical questions in mind, below we discuss some key developments in the … [ Read more ]

The Entrepreneurship Coach

Working with startups showed Ernesto Sirolli how anyone can have more impact: Shut up and listen.

Growth to Greatness: Smart Growth for Entrepreneurial Businesses

In most cases it takes good people to grow a business, and for an entrepreneur, this means delegating and trusting others to deliver the results that will grow the firm. Hiring the right people, engaging them in the pursuit of their dreams and giving meaning to the employees who are building the business requires different skills than those needed to launch a business. Readers will … [ Read more ]

Top 10 Ways Entrepreneurs Pivot a Lean Startup

In The Lean Startup, Eric Ries discusses the importance of making required course corrections (pivots) to dramatically improve the odds for success. These pivots come in many different flavors, each designed to test the viability of a different hypothesis about the product, business model, and engine of growth. Here is a summary of the top ten types of pivots to consider.

The Lean Startup – Visual Summary

A visual summary of The Lean Startup by Eric Reis.

“Spark Notes*” for Eric Ries’ Lean Startup

Before he joined on as an Entrepreneur-in-Residence at the Kaplan EdTech Accelerator, Jake Simms decided that it would be a good idea to reacquaint himself with Eric Ries’ The Lean Startup methodology. Here is his “spark notes” version.

How to Create Your Lean Canvas

Business plans take too long to write, are seldom updated, and almost never read by others but documenting your hypotheses is key. Lean Canvas solves this problem using a 1-page business model that takes under 20 minutes to create.

Paul Graham on Building Companies for Fast Growth

Graham’s tech accelerator, Y Combinator, has minted many big hits, including Dropbox, Reddit, and Airbnb. Here’s a conversation with the start-up guru.

100 Great Questions Every Entrepreneur Should Ask

Paul Graham, Jim Collins, Tony Hsieh, and other business leaders share the questions you should be asking if you want to improve your company.

Editor’s Note: for more insightful business questions, check out another site I run, mgmtquestions.com

Go It Alone!

Today, the conventional wisdom about how to start a substantial business is just plain wrong. Now, you don’t need to raise a lot of money first, you don’t need a team of employees, and you don’t need limitless financial resources. This book details how in today’s business environment it is easier, and more possible, than ever to build a significant business on your own with … [ Read more ]

That’ll Never Work: Six Important Lessons from Successful Entrepreneurs

In the first few months of a business, an entrepreneur is likely to face challenges that, if not managed properly, may well sabotage the new venture. Imagine the confidence of that entrepreneur, however, if he or she could have the advice of others who have already met those challenges on the road to their own success. Readers and would-be entrepreneurs will find that advice in … [ Read more ]

How Startup Founders Can Stay on the Right Side of the Law

In the passionate rush it takes to get a startup to market, legal issues can often be overlooked. Here are some things to consider if you want to optimize the trajectory of your startup.

Peter Drucker

Above all, we know that an entrepreneurial strategy has more chance of success the more it starts with the users—their utilities, their values, their realities […] the test of an innovation is always what it does for the user […] it is by no means hunch or gamble. But it is also not precisely science. Rather, it is judgment.

Top 17 Startup Mistakes You Can’t Afford to Make

A seasoned entrepreneur reveals the 17 most common mistakes startups make – and how you can avoid them.