What It Takes To Start and Manage a New Venture

Outward Bound to Startup: Outdoor experiential learning and starting a new venture might seem like an oblique connection. The reality, though, is that such learning has many important lessons for [...]

Startup Books can be a boon for business founders. Startup books can be inspirational, informational and/or huge time savers. Chances are high that you are deeply into your product that is going [...]

Sailing to Startup Success: keep your new venture on an even keel. I used to be a dinghy sailor and I can tell you that sailing requires many of the skills that an entrepreneur needs. First of [...]

Being an entrepreneur is a life that has some special needs. It is not for everybody, . There are all kinds of advice available, including on Venture Founders. Even though there are many courses [...]

Entrepreneurs Are Builders: The word ‘entrepreneur’ is derived from the French verb, entreprendre—to undertake in English. So, an entrepreneur is someone who undertakes things, but in English, we [...]

Founder Team Balance: I am a male entrepreneur, who values female founders. I had a female co-founder of my main business back in 1982 and my learning from her was probably greater than anything [...]

Hemp Entrepreneurs are mostly known in the commercialization of marijuana in those States that have legalized commercial sales. But though marijuana and hemp come from the same cannabis strain, [...]

Entrepreneur Types: This list of kinds of entrepreneurs is partly for real and partly for fun. There is a huge raft of research about what makes a successful entrepreneur, and types of [...]

New Venture Creation—the Timmons Model: This is the most significant and useful model of entrepreneurship there is—and has been over more than 50 years. Laugh if you like, but as well as being [...]

Behaviors of Successful Founders: You’ll find endless ideas about what it takes to be a successful founder—and none is perfect. Internet searches will reveal all kinds of answers. The one [...]

Non-entrepreneurial Mind: So much is written about the entrepreneurial mind, including by me. Much less is written on the non-entrepreneurial mind, which can be catastrophic for a new venture. My [...]

Entrepreneur Personality: Everyone who starts a new venture wants the keys to startup success. Many people think there’s a special ‘entrepreneur character’ you should have for [...]

Variance Analysis: The monthly activity of comparing either/both of forecast/budget numbers with actual out-turn proved for me to be a really critical management task. It’s all about data [...]

Value Proposition summarizes the reason to buy a product/service, convincing a prospective customer that it will add more value or better solve a problem than the competition. Defining your value [...]

Critical Success Factors (CSFs): You want to succeed, obviously, but as I remember it, the determination of what things are the most critical to that success is far from easy. Among critical [...]

“Entrepreneurship is the ability to create and build something nothing,” says my hero, the late Jeffry Timmons. He was very good guide on how to create and build something from nothing. He says [...]