Nancy Lublin

We’ve overdone this whole leadership/founder/entrepreneur thing. And we’re not spending nearly enough time crediting the folks who turn all that visionary stuff into tangible reality: the chief operating officers, the midlevel managers, the staffers. If the word didn’t have a pejorative tinge to it, I guess you’d call them followers.

We degrade the very idea of followers — lemmings! — yet the world needs people who … [ Read more ]

C.K. Prahalad

If your aspirations are not greater than your resources, you’re not an entrepreneur. For large companies to be entrepreneurial, they have to create aspirations greater than their resources. You can call it “strategy as stretch” or “strategic intent.”

MBA Mondays

Venture capitalist Fred Wilson is well known in tech circles for his regular blogging and free advice. He’s just wrapped up his “MBA Mondays” series, and it’s full of good advice for those looking to start their own business, tech or otherwise.

Wilson basically covers all the questions that an investor, a consultant, or an accountant would ask a business owner to answer in founding and … [ Read more ]

Should an entrepreneur have an MBA?

Serial entrepreneur Steve Blank usually hears the “Should I get my MBA?” question at least once a month. Here’s his answer for those interested in entrepreneurship.

The Anatomy of an Entrepreneur

Although entrepreneurs provide the majority of jobs in the United States, little is known about what makes them tick. The Anatomy of an Entrepreneur fills in some gaps by providing insights into high-growth founders’ motivations, their socio-economic, educational, and familial backgrounds, as well as their views on the factors determining the success of start-ups.

A team of researchers led by Vivek Wadhwa of Duke University, … [ Read more ]

Secrets of a $110 Million Man

There are no guarantees when it comes to running a business. But the best entrepreneurs I know follow these guidelines.

Should You Be An Entrepreneur? Take This Test

Should you join the millions of people every year who take the plunge and start their first ventures? Developed by Babson College professor Daniel Isenberg, this 20-question quiz on HBR.org takes just a few minutes to complete and might help you decide.

The Inquisition of the Entrepreneur

Venkatesh Rao tries to turn the lean startup conversation, anchored by Steve Blank’s book, The Four Steps to the Epiphany, into a self-administered inquisition. He offers a test, a round-up of the lean startup conversation, and a micro-riff on applying this to your life

Mastering the VC Game: A Venture Capital Insider Reveals How to Get from Start-up to IPO on YOUR Terms

Entrepreneurs who dream of building the next Amazon, Facebook, or Google have the opportunity to take advantage of one of the most powerful economic engines the world has ever known: venture capital. To do that, you need to woo, impress, and persuade venture capitalists to back your endeavor. That task alone is a challenge. But finding and choosing the right investor can be harder still. … [ Read more ]

The Proliferation of Standardized Seed Financing Documents

Venture capitalist Brad Feld counts four different standardized seed financing documents floating around the industry (click through for links to each) and would like to see that consolidate to one truly standardize set. Thus, he has decided to try to get a handful of lawyers in a room and try to come out with one set of documents. Who knows if he will succeed but … [ Read more ]

What I Wish I Knew When I Was 20: A Crash Course on Making Your Place in the World

Seelig, executive director of the entrepreneurship center at Stanford’s School of Engineering, presents a thoughtful, concise set of observations for those making the unsteady transition to adulthood. While the majority of her advice is intended for would-be entrepreneurs, her accessible lessons should come in handy for those in any field, as well as those still trying to decide on a field. Culled from her personal … [ Read more ]

How to Create a Smart Credit Policy

An entrepreneur’s guide to offering trade credit, crafting a credit application, and evaluating a customer’s credit-worthiness.

Measuring Entrepreneurship: A Digest of Indicators, 2009 Edition

Over the past ten years, the OECD has addressed entrepreneurship issues in various analyses and reports. While these studies compiled relevant data to support specific research or policy tasks, no effort was made to establish an ongoing database of entrepreneurship across OECD countries. In 2004, the 2nd OECD Ministerial Conference on SMEs in Istanbul, “Promoting Entrepreneurship and Innovative SMEs in a Global Economy”, concluded that … [ Read more ]

The Start-up Guru

Paul Graham’s business school and investment fund, Y Combinator, has launched 145 companies — for a lot less money than you would think.

A VC’s Advice On How To Pitch VCs

Raj Kapoor gives entreprenuers advice on how to pitch VCs. Kapoor knows both sides of the equation. For the past five years, he’s been a VC at the Mayfield Fund. Before that he founded the photo site Snapfish, which he sold to Hewlett-Packard.

Thoughts on Taking Venture Money

Roger Ehrenberg attempts to answer a fundamental question for entrepreneurs: whether or not to take venture money, and if so, from whom?

The Small Business Management Knowledge Base

This reference guide is designed to serve as a comprehensive small business management manual. It contains numerous topics that cover most aspects of small business management. You will find here hundreds of guides, worksheets and tips that will give you solutions to almost every problem or situation you can possibly encounter in the course of operating your business.

TechStars Model Seed Funding Documents

David Cohen, founder of TechStars, and Brad Feld worked closely with Cooley Godward Kronish, LLP to put together a set of “Model Seed Funding Documents” that anyone can use. There are five primary documents in the set:
* Term Sheet
* Articles of Incorporation
* Bylaws
* Subscription Agreement
* Election Consent

Of course, these are just example documents so all legal disclaimers about usage apply … [ Read more ]

WSGR Term Sheet Generator

This tool will generate a venture financing term sheet based on your responses to an online questionnaire. It also has an informational component, with basic tutorials and annotations on financing terms. This term sheet generator is a modified version of a tool that we use internally, which comprises one part of a suite of document automation tools that we use to generate start-up and venture … [ Read more ]

The Funded Publishes Ideal First Round Term Sheet

TechCrunch gives an overview of and link to a new basic term sheet for use by investors and founders, authored by Adeo Ressi, founder of The Funded, a site where people rate venture capitalists .