Startups at all stages benefit from the wisdom of advisors. These people typically complement the management team in some meaningful way. They are not on the board, so their advice is merely guidance. Still, if a founder picks the right advisors, she will receive a wealth of benefits. Advisors can serve as: A sounding board [...]
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Every business endeavor begins with a unique idea and the passion to turn it into a new product or service. But even when that idea is fueled by passion, turning a vision into a successful business often brings an entrepreneur face to face with fear – of the unknown, of taking risks, and of being [...]
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In today’s hectic, time-starved environment, small business owners often relegate mentoring to a low-priority function, an act of charity and goodwill designed to rescue young greenhorns from a clueless career and life of business naivety. In fact, mentoring is a critical component to any organization’s future growth. It creates traction up and down the career [...]
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