The Blog - Where Business Collides with Human Nature

15 Questions to Ask Before Launching Your Startup

Is your business idea the next unicorn waiting to be launched? Or is it just another also-ran with no growth potential?

These questions can lead to sleepless nights for any aspiring entrepreneur. Luckily, there is a way to know if your idea will be successful or not, by validating it before you begin.

Here are 15 questions to ask before building your startup and commit significant time, money & resources. 

Topics: Startup Start a Business

How to Launch a Successful SaaS Startup

Even though software as a service (SaaS) is a well-known business niche for several decades, the interest to this product distribution model remains on the verge of its popularity. 

Topics: SaaS Startup Start a Business

10 Apps and Tools for Entrepreneurs to Write a Winning Business Plan

You are highly motivated; you hear others say ‘you are a genius, and you just had a million-dollar idea. Even with a genius idea for a new business, you know the importance of getting your idea down in a well thought out plan. It is no secret that a majority of business startups fail in the first four years.

Topics: Start a Business Startup Business Planning Entrepreneurship

Do this Entrepreneur Savvy Test BEFORE you start a business

Are you thinking that it would be great to work for yourself?  As an entrepreneur, do you feel that you may have more choices and the opportunity to "get rich"? How many times have you looked in the mirror and said: “It’s time to say goodbye to the boss”?

While you may have a great talent and/or the idea of the century, there is more to being successful as an entrepreneur. There is a mindset, some call it a personality, and I would call it Entrepreneurial Savvy.

Most entrepreneurs have good energy, are persistent and no doubt create resources where there seem to be none available. Creative problem solving is included in their arsenal along with the ability to make decisions. I often refer to them as being “M.A.D.” (M.A.D. = Making A Decision).  Many times you will see entrepreneurs who have a great ability to motivate, persuade and inspire others, which are all aspects of a good leader.

Topics: Leadership Business Planning Test Entrepreneurship Assessment Start a Business Startup

How CEOs Start Their Business [infographic]

CEOs took part in this year's annual survey of companies on the Inc. 500. 

  • 45% said their biggest pitfall in the first 12 months was having too little startup funding.
  • 46% percent dipped into their own bank accounts to get business off the ground.
  • 47% launched their businesses with a partner.
  • 12% had issues with said partner.
  • 57% called home their office because they couldn't afford a real one. 
  • 52% worked more than 80 hours a week.
Topics: Entrepreneurship Start a Business

Starting From Scratch

You have skills. Others tell you that you are are a genius. You have decided to take advantage of your talents. and think "If I am such a genius, why not add to my income and monetize my deep expertise?"  

Topics: Start a Business Entrepreneurship

10 Rules for a Great Startup Idea [infographic]

The best idea in the world has no value without execution.  Even so, perfect execution does not make up for a start up idea which is flawed.  

In the past, one of the favorite rules is "You have tried to kill your idea."  The best ideas from brilliant people often come have a one sided view.  The idea is amazing but without an understanding of either the market or the competitors... it is doomed to fail.   Being first to market can be critical.

Topics: Start a Business Startup Business Planning

Business Startup Failure Rates [infographic]

Reviewing the infographic about business startup failure rates, it appears that a mobile game business may be the best opportunity.  If you do create a mobile game, do me a favor?  Please create a game which has some educational value that will help people gain skill and knowledge.

Topics: Business Success Failure Start a Business

5 Things You Need to Know About Starting a Business

An entrepreneur’s life is a windy, twisted road.  Starting a business is exciting but for the less experienced entrepreneur, there can be traps and pitfalls.  Here are five business success tips to keep your focused and give you hope.

Topics: Start a Business Business Success Tips Startup Buying a Business

Small Businesses: By the Numbers

A lot has been said in recent years about the negative state of the economy and the many struggles that face the common worker. Job loss and inability to pay bills have forced many people who once relied on major companies to make a living to become more independent in their careers. As a result, the small business sector is showing more activity than it has in decades. A look at the statistics associated with small businesses shows that it is a good time for the “little people” of the American economy.

Topics: Start a Business Statistics Business Success

Follow These 10.5 Steps to Starting a Business

Starting a business requires more than an idea.  Starting a business involves planning, making key financial decisions and completing a series of legal activities.  As you create a business plan you will be especially interested in marketing and building the right team.  These 10.5 easy steps can help you plan, prepare and manage your business. If you click on the links, you will find more information from the Small Business Administration. 

Topics: Start a Business Entrepreneurship Solopreneur

"An Interpreneur's Journey: The Birth of a 'New Economy' Business" by Tom Eckmann

Starting a business?  Have you read this book yet?  "An Interpreneur's Journey: The Birth of a 'New Economy' Business" authored by Tom Eckmann.  The 'Interpreneur' is an Internet Entrepreneur. You are unable to start a business today without understanding how to integrate the Internet into your business plan.

About the book:

Did you ever think about starting your own business?  Bill Partridge does, especially when he’s laid off by the company where he’s worked for 14 years.  Facing a long unemployment, he decides to go into business for himself.  He starts a contracting company selling radiant heating and soon encounters the "two-by-four rule" - everything costs twice as much and takes four times longer than expected.  He’s running out of time and money when he makes an important discovery — he can sell his systems over the Internet.  He re-invents his business and finds success selling to customers all over the country.

Topics: Start a Business Business Success Guerrilla Marketing Recommended Books