Funding and Building your Business

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Birth of a Startup: Big picture coming into focus for entrepreneur

Lon McGowan’s start-up has survived its first six months, a tumultuous 176 days that has seen the young entrepreneur pile up more than $25,000 in credit card debt and lose his first employee. By JOHN…

Business Plans That Sell!

Writing a good business plan is hard work. Hundreds of books and articles have been written on the subject, each offering different and often conflicting advice to entrepreneurs. You could read them all and still…

Funding Sources – Invest Your Time Wisely!

Often, an entrepreneur knows funding for their venture is necessary, but doesn’t always look in the right places for that illusive financing. Focus your time and effort seeking out the types of investors that give…

What Happens When Big Business Turns Out to Be Anything But Big

THE PROBLEM: What happens when an expected tidal wave of business reveals itself to be a brief splash? Mark Kolb, chief executive of Taratec Development Corp., of Bridgewater, N.J., is the first to admit he…

Venture Capital Notebook: Medical devices are getting a healthy infusion of cash

Forget software and Internet technologies, the real activity in Seattle is happening in medical devices. At least that conclusion could be drawn after three local medical-device companies — Spiration Inc., Vertis Neuroscience Inc. and Calypso…

Rob Ryan, founder of Ascend Communications and Entrepreneur-America, Named Cornell Entrepreneur of the Year

Rob Ryan, founder of Ascend Communications and Entrepreneur America, will be honored by Cornell University on Sept. 26-27 as Cornell Entrepreneur of the Year (CEY) 2002. Ryan earned national attention when he grew his 1989…

Why software is so bad … … and what’s being done to fix it

It’s one of the oldest jokes on the Internet, endlessly forwarded from e-mailbox to e-mailbox. A software mogul — usually Bill Gates, but sometimes another —makes a speech. “If the automobile industry had developed like…

Giving Employees a Pat on the Back

Although critics of employee incentive programs argue that they ruin the work ethic, many businesses find that giving out cash bonuses, merchandise, stock or other awards can result in less absenteeism, higher morale, more productivity…

Think outside the box and collaborate

COMMENTARY–Recently, I was speaking with an executive of a leading software company providing a Web Services software infrastructure. I asked the executive how they were sharing information to meet their integration schedules with one of…

A Litmus Test for Entrepreneurs

Are you cut out to conquer the challenges facing today’s entrepreneur? HBS professor Walter Kuemmerle has developed a litmus test to help you decide. Two key questions: Do you have the patience to start small?…