3 Key Lessons from The Art of War
Ancient China gave the world wonderful and essential inventions, like the art of papermaking, gunpowder, the compass for travelers, and a primitive concept of printing. These contributions and their long, colorful history show that their…
Startup Stats: How Your Startup Can Succeed
The perhaps not-so-shocking reality is that nine out of 10 new businesses fail. And yet, this statistic isn’t stopping new business growth. Why? Because even though the odds are against startups, success is attainable—if you…
Important Pitch Lesson: The Best Business Plans Change
My favorite moment in a recent business plan contest: The entrepreneurs put up a projected income slide. One of the judges commented that what was on the slide was different from what he saw in…
How to Find the Perfect Food Franchise Opportunity for You
Do you love eating out? Consider yourself a foodie? If you’re looking for a type of franchise to open, a food franchise opportunity might be for you. Food franchises are among the most stable and fastest growing industries for…
Why Startup Incubator-Hopping Can Help Launch Your Business
Venture capitalists Sam Altman and Jason Calacanis both wrote posts recently on the topic of startup incubator hopping. Altman says that participating in more than one startup incubator may actually decrease your chances of getting into Y Combinator, a…
Doing Business in Another State: Foreign Qualification
To be successful and generate a profit in today’s business world, many business owners are finding that it is important to conduct business outside of their local vicinity. In fact, many businesses that are located…
How to Take Your Idea from a Hobby to a Business
As a startup investor, I often see business proposals looking for funding that really look like expensive hobbies looking for donations. I recognize that entrepreneurs tend to substitute vision and passion for formal processes, but…
Does Business Education Stifle Creativity?
Does business education stifle innovation and creativity? You probably already know Sir Ken Robinson’s TED talk, from 2006, Do Schools Kill Creativity? It’s one of the five or so most viewed and most discussed TED talks. His…
My First 3 Years as a Co-Franchisor in Review
PLAYLive, the innovative gaming franchise I am a minority owner of, is rapidly approaching its third year. As any franchisor knows, launching a new franchise brings an oscillating journey filled with learning curves, small wins,…
A Vision for Success
We all have a different idea of success. For some of us it might be a house or luxury vehicle we’ve always wanted, and for others it could simply be having the financial stability to…
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