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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Why A Startup Is Not A Big Company

Once you've heard the insight--that startups are different from big companies--it seems so obvious. Yet too often entrepreneurs, and those that teach them, approach the building of new companies with the same goals, staff structures and assumptions that motivate the management of large companies. Startup founders build teams to focus on engineering, and on the process of creating a product and bringing it to market.

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Wendy Torrance
on January 22, 2014
How People-Problems Can Confound Early Stage Ventures

Some of the very first decisions founders must make early on in their ventures are crucially important to the future of the business. Many of these decisions concern the ubiquitous "people problems" that challenge even experienced entrepreneurs. When should I found? Should I co-found with someone? With whom? How should we split the equity? Bad or ill-informed choices at critical junctures could have significant consequences for startups. In fact, research has suggested that 65 percent of new firm failures were related to problems within the management team.

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Wendy Torrance
on December 13, 2013
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Twitter Updates

  • “The vast majority of startups go out of business, leaving a lot of investors high and dry” #investorIQ http://t.co/MrxXFpYdsx
  • .@danestangler of @KauffmanFDN discusses 4 myths about entrepreneurship in this new Sketchbook video http://t.co/kqWmVyxg7A
  • What are some potential problems for co-founders http://t.co/kANnHsFbeQ
  • "Connecting small biz owners to support organizations" & 3 other key elements in a successful startup ecosystem http://t.co/4x31BUbzc5
  • Some assumptions we make about entrepreneurship don't match credible research & the misconceptions won't go away http://t.co/kqWmVyxg7A