Starting a Company? Here’s How to Figure Out Salaries
Compensation is a multi-dimensional challenge for founders and the first few executives in early-stage startups.
The most important principles to remember as issues present themselves are fairness — including the perception of fairness — and strong alignment between the key stakeholders in the company.
Content: Article | Authors: Kip McClanahan, Morgan Flager | Source: Austin Business Journal | Subjects: Entrepreneurship, Human Resources
Need a Deal on Consulting? Hire B-School Students
When Project Runway winner Chloe Dao’s national spotlight faded, she needed help, but couldn’t afford a consultant.
Content: Article | Author: Issie Lapowsky | Source: Inc. Magazine | Subjects: Consulting / Analytical Tools, Entrepreneurship, MBA Related
Lessons from the E-Commerce Wars
Entrepreneur Jim McCarthy on why online innovations succeed — or fail.
Content: Thought Leader | Authors: Jim McCarthy, Laura W. Geller | Source: strategy+business | Subjects: Customer Related, Entrepreneurship, IT / Technology / E-Business | Company: Goldstar Events Inc.
Venture Capitalist Tom Perkins: ‘If There Is No Risk, You Have Already Missed the Boat’
During a recent visit to Wharton’s San Francisco campus, Tom Perkins, co-founder of the fabled Silicon Valley venture capital firm Kleiner Perkins Caufield & Byers, talked about risk-taking, his mentor David Packard, the downside of corporate VC, ethically challenged Wall Street, and networking vs. “cronyism,” among other topics.
Content: Thought Leader | Author: Tom Perkins | Source: Knowledge@Wharton | Subjects: Entrepreneurship, Venture Capital
Docracy
Docracy is an open collection of legal contracts. It also offers a comprehensive solution for having the documents verified and signed online.
Content: Online Resource | Subjects: Entrepreneurship, Free Stuff / Tools, Legal
How to Build a 5-Year Financial Model
Every financial model has several parts that need to be put together. It also requires many assumptions, which act as the glue holding the parts together. The model allows us to contemplate what the future of our business will look like, a projection of what might be. Every financial plan needs, at a minimum, the following components, or worksheets:
– Marketing
– Sales
– Cost of Goods Sold … [ Read more ]
Content: Article | Author: Ken Kaufman | Source: OPEN Forum (American Express) | Subjects: Entrepreneurship, Finance
Linda Rottenberg’s High-Impact Endeavor
This social entrepreneur pioneered a new model for mentoring startups in emerging markets. Now she’s replicating it around the world.
Content: Thought Leader | Author: Paula Margulies | Source: strategy+business | Subjects: Entrepreneurship, International, Social Responsibility (ESG)
28 Startup Skills You Can’t Live Without
If you’re thinking about pursuing your own startup business, consider brushing up on these skills, either instead of or as a complement to your ongoing education.
Content: Article | Author: Sujan Patel | Subject: Entrepreneurship
Why Our Thinking about Mentoring is all Wrong
Organizations have simplified a complex term — “mentorship” — into a generic synonym for giving advice. Here’s how we can break that cycle.
Content: Article | Author: Scott Gerber | Source: FORTUNE | Subjects: Entrepreneurship, Human Resources
8 Essential Tips for Busy Entrepreneurs
As a serial entrepreneur, I know running a small business is hard work, but there are lots of things you can do to make your life a little easier and increase your chances of success. Here are eight that have helped me, and will help you, too.
Content: Article | Author: Tom Harnish | Source: OPEN Forum (American Express) | Subject: Small Business
Two Key Skills Entrepreneurs Should Have
The recent publication of “The Innovator’s DNA: Mastering the Five Skills of Disruptive Innovators” reminded me of two key thinking habits that I have been talking about and teaching for years: observing and associating.
Content: Article | Author: Gary Hoover | Source: Austin Business Journal | Subject: Entrepreneurship
The Art, Science, and Labor of Recruiting
Few entrepreneurs know how to interview a candidate. This document makes suggestions and outlines techniques to evaluate candidates, moving beyond the positive-sounding surface answers to something much more substantive and useful.
Content: Article | Author: Vinod Khosla | Subjects: Entrepreneurship, Human Resources
How to Sink a Startup
Noam Wasserman, author of the recently released book “The Founder’s Dilemmas: Anticipating and Avoiding the Pitfalls That Can Sink a Startup,” discusses ill-advised entrepreneurial behavior. Also, an excerpt of the book.
Content: Article | Authors: Garry Emmons, Noam Wasserman | Source: Harvard Business School (HBS) Working Knowledge | Subject: Entrepreneurship
Tom Perkins
Why would anyone good join a high-risk startup? Remember, this is early stage stuff. What you need to do is develop the idea, get the risk out up front, then roll the money in and develop the company. At that point, experienced high-profile executives can be brought in.
Content: Quotation | Author: Tom Perkins | Source: Knowledge@Wharton | Subjects: Entrepreneurship, Venture Capital
Why MBA Entrepreneurs Are Happier Than Their Peers
Most MBAs may look for a structured career path, but a surprising number – more than 20% of Wharton MBAs surveyed — became entrepreneurs and found themselves happier than their peers because of it.
Content: Article | Source: Knowledge@Wharton | Subjects: Career, Entrepreneurship, MBA Related, Miscellaneous MBA-related Resources
How to Pitch Anything in 15 Seconds
A message map is the visual display of your idea on one page. It is a powerful and tool that should be a part of your communication arsenal. Building a message map can help you pitch anything (a product, service, company, or idea) in as little as 15 seconds. Here is the three-step process to using a message map to build a winning pitch.
Content: Article | Author: Carmine Gallo | Source: Forbes | Subjects: Entrepreneurship, Marketing / Sales
Linda Rottenberg
Social entrepreneurs are problem solvers, not idealists. We’re driven by innovation, not by charity. And we don’t believe in handouts. We use entrepreneurial strategies to achieve social change.
Content: Quotation | Author: Linda Rottenberg | Source: strategy+business | Subjects: Entrepreneurship, Social Responsibility (ESG)
A Personality Test for Entrepreneurs
Do you have what it takes to become the next Howard Schultz or Mark Zuckerberg? A new book may not only help you answer that question, but also surprise you with new-found self-awareness.
Content: Article | Author: Matthew E. May | Source: OPEN Forum (American Express) | Subject: Entrepreneurship
Brad Feld
I strongly believe that a founder should be able to explain what they do in one paragraph. I’m not a believer in the “one sentence mashup approach” (e.g. we are like pinterest + groupon + facebook for dogs). Rather, I like three sentences: (1) what we do, (2) who we do it to, and (3) why you should care. Sometimes this can be two sentences; … [ Read more ]
Content: Quotation | Author: Brad Feld | Source: Feld Thoughts | Subject: Entrepreneurship
Jason L. Baptiste
Success as an entrepreneur isn’t being great at one specifc thing, but being able to weave together unrelenting determination through multiple areas of discipline such as formulating an idea, hiring a team, getting press, building a product, and raising money.
Content: Quotation | Author: Jason L. Baptiste | Source: ChangeThis | Subject: Entrepreneurship
