An entrepreneur can be the visionary, janitor, salesman and office manager all at the same time. The hands-on requirements of a startup appeal to most entrepreneurs. However, all successful people need to have that “strategic time” — the quadrant two (not urgent, but important) in Seven Habits of Highly Effective People (Stephen Covey). This quadrant [...]
Posts Tagged ‘entrepreneurship’
Take the Time to Think Big
Posted in business, entrepreneur, tagged 7 habits, company building, entrepreneurship, quadrant two, stephen covey on June 7, 2010 | Leave a Comment »
Six Tips on Finding Help Writing Your Business Plan
Posted in business, entrepreneur, tagged business model, business plan, entrepreneurship, fund raising, startups, venture on February 24, 2010 | 2 Comments »
Young entrepreneurs are passionate about their technology and/or concept. They are evangelical and tireless. What they often lack, however, is the discipline and the experience to model their business appropriately and create a credible business plan. Some venture capitalists may feel this is something that they can do to help bright new ideas. However, many [...]
Serving Shareholders with Appreciation
Posted in business, entrepreneur, tagged board, entrepreneurship, executive, investor relations, shareholder management on February 20, 2010 | Leave a Comment »
I hosted a Lift9 shareholders meeting last night at my place. Having helped raise money for three companies now, I was selective about the company’s initial investors. The group last night was fantastic and very supportive about what we’re doing at Lift9. I wanted to host the meeting at my personal residence and put in [...]
Understanding the Stair Step Pattern Of Company Growth
Posted in business, entrepreneur, tagged business, business growth, company building, entrepreneurship, hockey stick growth, small business, startup on January 23, 2010 | Leave a Comment »
Company building is a unique experience. An entrepreneur can experience a huge gyrations of emotions in any given day: ‘Wow, we’re going to do this!’ ’Oh, we’re going to crash and burn’. ’My employees hate me’. ’My customers love me’… With experience, however, you come to expect these twists and turns. In fact, you kind [...]
Ben Huh Providing 5 Minutes of Happiness Each Day
Posted in business, entrepreneur, tagged Ben Huh, cheezburger network, entrepreneurship, icanhascheezburger, KAC, Korean American Coalition on January 17, 2010 | Leave a Comment »
Ben Huh, CEO and Co-Founder of Cheezburger Network, wants to provide people with five minutes of happiness each day with his empire of hilarious niche websites. His favorite is his first, icanhascheezburger, which provides audience-submitted photos of cats with witty captions. Ben presented at the KAC (Korean-American Coalition) Networking Social last night, sharing the history [...]
Entrepreneur’s Job is Putting Together the Right Team
Posted in business, entrepreneur, management, tagged entrepreneur, entrepreneurship, management, startup on December 16, 2009 | 4 Comments »
As an entrepreneur of a startup company, I imagine myself as a general manager of a professional baseball team. My main job is putting together the RIGHT team. Many think an entrepreneur’s first task is to come up with a killer concept. Yet, it’s been said many times that ”ideas” can be a dime a [...]
Simple Risk-Aversion Test to See if You can Make it as an Entrepreneur
Posted in business, entrepreneur, tagged business, entrepreneur, entrepreneurship, risk taking, risk-averse, startup on November 20, 2009 | 6 Comments »
Often I meet people who tell me about their dreams to start their own business. They don’t want to work for the man all their lives. They ask me what it takes to start your own business. It’s a difficult question to answer because there are so many elements to being an entrepreneur. First, you [...]
Valuing A Start-Up Company
Posted in business, entrepreneur, tagged Angel investors, entrepreneur, entrepreneurship, start-up, valuations on June 24, 2009 | 2 Comments »
How does one value a start-up company? Some do it from comps (comparable companies) and then discount for the many risks as a start-up. Some look at projected financials or maybe market share. Some calculate the amount of unpaid labor that may be required by founders and try to value the company that way. Some [...]
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