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8 Types of Aspiring Entrepreneurs Who Will Not Start

Startup Professionals Musings

Every entrepreneur I know is dismayed by the number of friends who approach them with a line such as “I have an even better idea that will change the world, and one of these days I’m going to get around to starting my own business.” There must be something deeper that slows people down. Irrational fear of failure or embarrassment.

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10 Entrepreneur Myths That Need Not Dilute Your Focus

Startup Professionals Musings

Most of you aspiring entrepreneurs probably have long searched for that special idea that will catapult you and your startup to success. Yet, my experience as a business advisor and investor has convinced me that the magic is not the idea, but you and the execution. True entrepreneurs are born, not made.

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8 Steps To Creating A Business From Your Startup Idea

Startup Professionals Musings

As an advisor to early-stage entrepreneurs, I see a lot of dreams, but not so many business results. I’ve always wished I had a magic metaphor to motivate the best dreamers to become the best entrepreneurs. There is no cookie-cutter route to success as an entrepreneur. Ask for help from advisors and mentor your team.

Ideas 105
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7 Steps To Greater Satisfaction As A New Entrepreneur

Startup Professionals Musings

In my role as mentor to many of you aspiring entrepreneurs, I often find you convinced that all you need to start is a unique innovation or idea , and now you are ready to jump in with both feet and enjoy the ride. Remember that being an entrepreneur is all about starting and running a business, after the initial invention.

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6 Ways To Learn The Realities For Starting A Business

Startup Professionals Musings

Despite the rush in every academic institution to offer more courses on entrepreneurship, I still haven’t found it to be something you can learn in school. Of course, you can pick up the basic principles this way, but the problem is that the practical rules for success are changing so fast that no academic can keep up.

Startup 142
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6 Mistakes Often Made By Entrepreneurs Due To Passion

Startup Professionals Musings

As an entrepreneur mentor and startup investor, I see with sadness the 50 to 90 percent that fail. More than one smart entrepreneur has been caught in the lofty lifestyle of big money investors, viral growth, and movie star status. But I’m not convinced that it’s as simple as that. Just ask MySpace, eToys, and Pets.com.

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7 Ways Academic Connections Can Assist A New Venture

Startup Professionals Musings

These resources are definitely not limited to students, since every university seeks out and needs the real world exposure and experience of entrepreneurs who already are active in the real world marketplace. Every university has entrepreneurial courses or evening classes that can provide assistance on creating your initial plan.

Incubator 172