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Angel Investment vs. Bootstrap: Startup Sweet Spot

Successful angel investment is a win-win for both sides, the startup founders and the investors. And I mean win-win right at the beginning, at the time of the investment, not the obvious win-win later when…

Understanding Point of Cash Flow and Working Capital Requirements in Franchising

When it comes to starting a franchise, you know you’re going to need to have cash available to invest upfront. How much cash do you need and when can you start seeing some cash come…

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…

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