Winners Make Their Own Good Luck

To reap the gains and windfalls of a successful business, entrepreneurs must look to a set of attitudes they will find only within themselves.

Is the Social Entrepreneur a New Type of Leader?

Scial entrepreneur is a new term, much in the news these days. Social entrepreneurs are individuals who approach a social problem with entrepreneurial spirit and business acumen. Whereas business entrepreneurs create businesses, social entrepreneurs create change. But is social entrepreneurship actually something new? What, if anything, distinguishes the social entrepreneur from other workers?

SCORE

CORE “Counselors to America’s Small Business” is the best source of free and confidential small business advice to help you build your business-from idea to start-up to success. The SCORE Association, headquartered in Washington, D.C., is a nonprofit association dedicated to entrepreneurial education and the formation, growth and success of small businesses nationwide.

SCORE’s extensive, national network of 10,500 retired and working volunteers are experienced entrepreneurs … [ Read more ]

Who Can You Trust?

Why so many entrepreneurs have trouble delegating.

Selected Papers on Entrepreneurship

A collection of entrepreneurship-related articles from Capital Ideas. Includes:
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Entrepreneurs: Will They Stay or Will They Go?
Research by Stanislav D. Dobrev

– – – – – – – – – – – – – – – – – … [ Read more ]

Guy Kawasaki

If you experience great difficulty in raising money, it’s not because VCs are idiots and cannot comprehend your curve-jumping, paradigm shifting, revolutionary product. It’s because you either have a piece of crap or you are not effectively communicating what you have. Both of these are your fault. End of discussion.

The Ultimate How-To Guide

Nineteen essential strategies for business owners. Includes How To…
…Work With a Partner (Year After Year After Year)
…Hire Wisely
…Fire Decisively
…Be a Great Boss
…Work (If You Must) With Your Spouse
…Groom a No. 2 (or, Gasp, a Successor)
…Keep an Assistant
…Star in an Ad (Without Looking Like an Idiot)
…Crack Big-Box Retail
…Spot Trouble in Your Financials
…Talk to an Investment … [ Read more ]

Offshore Drilling

Why foreign-based VCs are taking a closer look at U.S. firms.

According to Form: Choosing the Right Business Entity

S-Corp? C-Corp? LLC? Partnership? Proprietorship? With so many choices of organizational forms, it pays to do your research before making the plunge. In the Journal of Financial Planning, Opiela discusses the choice of organizational form with financial planners. Very good! [FinanceProfessor.com Annotation]

Creating a Fundable Business Plan

The renowned MOOT CORP® Competition opens its archives of award-winning business plans and presentations to create a mini-course for budding entrepreneurs to use in writing their business plans and in finding the resources to launch their businesses. The Creating a Fundable Business Plan website is part of the UTOPIA project, an ambitious new initiative designed to open The University of Texas at Austin’s doors of … [ Read more ]

Towards a single European entrepreneurial space

How can Europe breed and grow more pan-European high potential ventures?

How to name a startup

Finding the right name for your latest venture isn’t an easy job. Names must stand out from the competition. They need to work in different languages. They can’t violate existing trademarks. And it’s nearly impossible to find a domain name that isn’t already taken.

What’s an entrepreneur to do?

Zero Million Marketing Resource Center

The Marketing Resource Centre (MRC) at ZeroMillion is an example of the many specialist sections at this site that is generally devoted to the encouragement of entrepreneurship in business. At the Resource Center visitors may select from an extensive range of articles, formulae and templates or follow the specific link to the good oil on web marketing. The Resource Center caters for the neophyte entrepreneur … [ Read more ]

Art of the Start

Former Apple marketing maven Guy Kawasaki has established quite a second career as start-up counselor and funder via his Garage Technology Ventures VC firm. We are big fans of his Forbes column, which offers straight-shooting advice from someone who has been there. His topics are as broad as the importance of taking chances to the right time to name a company, from the worth of … [ Read more ]

A New Strategy for Venture Investors: Hedge

It’s the venture capital investor’s rule of thumb: Nine of every 10 investments will not make money. If all goes well, the 10th will make enough money to exceed all the losses. Given these odds, investors are always looking for ways to increase returns from their winner. Bill Hilliard and Charles Baden-Fuller, visiting scholars at Wharton’s Sol C. Snider Entrepreneurial Research Center, believe they have … [ Read more ]

What Do Entrepreneurs Pay for Venture Capital Affiliation?

A software services company looking for an early-stage round of investment from venture capital funds gets four offers. Two of them value the company at $10 million, one at $12.5 million and one at $20 million. Any of the offers would net the software company approximately $8 million in cash inflows. It would seem to be a no-brainer. Accept the investment at the highest so-called … [ Read more ]