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Business Mentors

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How "People-Problems" Can Confound Early Stage Ventures
Wendy Torrance
12/13/2013
Blog Resource
Summary:

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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Why A Startup Is Not A Big Company
Wendy Torrance
1/22/2014
Blog Resource
Summary:

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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Founders School: Surviving the Entrepreneurial Life
Wendy Torrance
2/26/2014
Blog Resource
Summary:

When I read Meg Hirshberg's book "For Better or for Work: A Survival Guide for Entrepreneurs and Their Families" I knew instantly that I wanted Meg to join our slate of Founders School experts. The goal of Founders School is to provide entrepreneurs with crucial skills and knowledge, and to do so with an eye to topics that are important but rarely discussed in typical entrepreneurship education programs. The subject of Meg's book is just such a topic. We all know that entrepreneurs have to juggle a variety of considerations when founding a company: team building, assessment of product/market fit, intellectual property, and how to get that first important customer. What many entrepreneurs and, more importantly, their families, know is that there's a juggle on the family side of the equation as well, but it's one that many entrepreneurs may be reluctant to talk about.

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Startups: How to Build Something People Will Buy
Wendy Torrance
3/14/2014
Blog Resource
Summary:

"No business plan survives first contact with customers," Steve Blank says. What? Isn't the point of planning that you maximize the likelihood of success in the marketplace? Well yes, but perhaps not the kind of planning you might be thinking about. A business plan conceived on paper, powered by a great idea or invention, enhanced by research on the size of the market and a customer profile, has great potential. But it also has a crucial flaw.

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With a Mentor by Your Side
Voth Emily
10/7/2005
Article Resource
Summary:

Entrepreneurs loath to seek mentoring should take at least one piece of advice: try it, you'll like it, writes the author who built a business by accepting help from smarter and more experienced founders. Included is a look at the workings of her relationship with her current mentor. (Originally Published October 2002)

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Making Cakes to Hire People
Walls Julius
12/1/2004
Article Resource
Summary:

Julius Walls has the priviledge of leading a company that exists to give back.

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Building a Board from Scratch
Warnock Greg
5/1/2006
Article Resource
Summary:

First-time CEOs may find it daunting to establish their first board of directors. This topic expert details a four-step process to building boards that can help growth companies thrive.

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A Business Case for Formal Mentoring
Wayshak Corinne
10/7/2002
Article Resource
Summary:

Entrepreneurs can benefit from seeking to be paired for a fee with a mentor who provides guidance and support, says the author, who pursued such a formal mentorship upon the founding of her second venture. With new skills to learn in an operating company as opposed to her previous professional-services concern, this entrepreneur reports developing company-building tactics as well as respect for mentoring itself.

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Young Mentor Adds Value to New Ventures.Both For- and Not-for-Profit
Wu Vicky
6/1/2005
Article Resource
Summary:

Vicki Wu's passion for her business and philanthropic activities have caused her to seek convergences between the for- and non-profit worlds.

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Everyday Sabbaticals for Entrepreneurs
Yeagle James
12/22/2004
Article Resource
Summary:

An entrepreneur argues that sabbaticals need not be extended periods of time off but can be worked into the everyday job of building a company.

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