entrepreneurshipTop of Mind

Commentary & Insights on Entrepreneurship The Top of Mind blog brings an array of editorial views to current events shaping the world of entrepreneurship. Engage, exchange, and expand your own view of the world!

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Can a New Type of Incubator Replace the Need for a College Education?

I wonder how many successful entrepreneurs who dropped out of college to peruse their innovative idea wonder what they missed out on. While only re-enrollment will get you that degree, a new incubator space might help entrepreneurs live out the university experience.

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Taylor Brown
on December 18, 2014
The New Standards of a Startup Board

Long gone are the days of lazy, corporate board luncheons. At least that's what David Beatty, Conway Chair of the Clarkson Centre for Business Ethics and Board Effectiveness at the University of Toronto's Rotman School of Management, says. According to Beatty, today's boards are "smaller, harder working, and more expert" and have to "commit the time to do their work."

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Taylor Brown
on November 20, 2014
Is There a Link Between a Country's Gender Equality and Its Economic Status?

This week's list of the top articles for entrepreneurship was filled with lists: the 10 countries where gender equality is closer to reality, the 10 startup metrics every entrepreneur should measure, and the 10 reasons new businesses fail.

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Taylor Brown
on November 12, 2014
Is There Only One Formula For Founding Team Success?

Building the right founding team is essential to a startup's success. Founder clashes can destroy young companies and mismatched key players can cloud a startup's direction and stall its growth. So you know you need to hire people you mesh with, especially given the long hours you'll all be putting in during the company's early days. But the first question you need to ask yourself is, "What roles are you trying to put those people you work well with into?"

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Taylor Brown
on October 31, 2014
Is There Such a Thing as Too Much Capital?

Just like in everyday life, money doesn't solve all your problems when you're an entrepreneur. Sure, not having enough can make it hard. It can even make it seem impossible to get your business started and keep it growing, especially if your company is in a capital intensive market such as healthcare or clean tech. However, having too much can be more detrimental at times.

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Taylor Brown
on October 24, 2014
Who Will Save the Economy? Scale-Ups or Startups

Last week, the Washington Post article, "More businesses are closing than starting. Can Congress help turn that around?" grabbed my attention. My response was whether or not all the startup support power laid in the hands of our nation's policy makers.

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Taylor Brown
on October 08, 2014
Why the Seven-Year-Itch Comes Even Sooner for Startups

In marriage, there's a so-called "seven-year itch" that takes the blame for so many doomed relationships. In entrepreneurship that same destiny occurs at year five. That's according to a research based infographic featured on Entrepreneur.com last week. The piece focused on the funding routes and failure rates of startups over the past few years. According to the data, most startups don't make it beyond five years, with only one third making it to ten years.

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Taylor Brown
on October 02, 2014
What's More Important to an Investor? The Company or The Founder

You've probably heard the age-old startup investing debate that pits the horse against the jockey. Basically, when VCs and angel investors evaluate a young company's potential, do they place more weight on the horse (the company) or the jockey (its founder)?

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Taylor Brown
on September 18, 2014
Increasing Popularity in Angel Funding Gets Help From New Educational Platform

It might not hit the national news like big venture capital deals or trendy crowdfunding, but good old fashioned angel investing is on the rise. These individual investors, who usually invest before a company is VC-ready, fund more than 67,000 startups every year and in 2012, their startup contributions reached nearly $23 billion. That amount represents a 36 percent increase compared to 2008.

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Taylor Brown
on September 11, 2014
Women Outpace Men in Raising Money Online

The stats on women in entrepreneurship can be depressing. The Kauffman Foundation has done a lot of research on this topic. But simply put, women aren't starting many high tech companies and they aren't raising much venture capital. A recent Chicago Tribune article reiterated all this, despite any "lip service" to the contrary.

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Taylor Brown
on August 29, 2014

Twitter Updates

  • New makerspaces have opened at several universities across the U.S. How is this spurring entrepreneurship? http://t.co/jOCCxnImDB
  • Can a New Type of Incubator Replace the Need for a College Education? http://t.co/lKt5SomemI #TopOfMind
  • How I Go a Ridiculous Deal on a Car and Why Your Customers Have All the Power by @dianakander http://t.co/cV4KiHG5xQ
  • 2014 trending topics via @KauffmanFDN: Entrepreneurship Education, Startup Ecosystems, Teacher Development & @Royals http://t.co/sOxdyTG62e
  • RT @rjn_e289: Found this very helpful from @KauffmanFS & @eshiporg-Powerful Presentations -Entrepreneurship.org http://t.co/lAK9roblvh

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