The big companies will take the ideas of most entrepreneurs, and there is not a damn thing they can do about it. So how do you keep from becoming Lions feed? This story in the Guardian prompted a lot of memories of … Read More
Articles tagged "business plan"
Thinking About Starting a Business? Think L7 Harder
96% of businesses fail within ten years of formation. Why is this? It is not so much that there is a magic formula. But rather, while it is easy to form the basics of a business, there are main variables and pieces … Read More

Checklists Are Great – Or are they?
Checklists are a fact of life and the organization of life’s tasks, but checklists are not an appropriate answer for all environments. I was leaving for the grocery store a few years ago, and my wife gave me a … Read More

What is a Business Plan? And why do you need one?
Your Business Plan is a road map for achieving your goals, and it tells us that you have taken the time to think about your business seriously. Moreover, it gives you a process to map out and flesh out business … Read More

Intro to Financing Part 1
A well-written business plan will do two things. It will define your capital requirements, and it will reveal a project timeline to recover the investment and reach a point of profitability. If you need to borrow … Read More
