Funding and Building your Business

Understanding how you’re likely to get diluted over time is a more difficult concept.

Fred Wilson and his partners are now so deluged with business plans that he feels like the "Annie" casting director who spends all day fending off mothers and red-haired daughters at casting calls only to arrive home and have yet another red-haired kid pop out of a bush and start singing "Tomorrow!"

General liability is not the only coverage crucial to the success of a small business.

"I was cash-flow positive in my first month and I have been ever since," Ms. Cameron says. But coming from her it doesn’t sound like bragging. Instead, there is a quiet confidence behind the words of the Saskatchewan entrepreneur.

Changing your mind is a sign of intelligence.

Read more: http://blog.guykawasaki.com/#ixzz1aTepBmdY

The SOB Program

Don’t do something you know 20 other startups are already doing.

This "gamification" of the workplace, or "enterprise gamification" in tech-industry parlance, is a fast-growing business.

Don’t chase your tail.

Statistics show that at least 50% of new startups fail within five years, and many of the survivors eventually fail. If you don’t want to be part of these statistics, consider all the alternatives to starting your own business, especially if you have one of the following perspectives: