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Explore the Entrepreneurship.org Resource Center to find resources. Designed with entrepreneurs in mind, our resource center allows you to find materials to grow great ideas.
Be sure to spend at least as much time orienting and training new employees as you did to hire them. And then continue to oversee their development. Why? New hires, especially, need focused guidance to make the most of their talents and do it effectively in your organization. Plus, you are grooming them (we hope) to run the business so you can grow the company.
Learn why Detroit is poised for entrepreneurial renaissance.
Baby boomers are micromanagers, work hard, do not understand technology, are stubborn and want to destroy the planet. Millennials are lazy, entitled, tech savvy, want to save the world and don't know how to communicate in person. Although the generalizations of baby boomers and millennials vary, they do share one similar characteristic, they both share particular entrepreneurial characteristics. Millennials crave freedom and earning potential. Baby boomers have a desire to build something.
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.
More hospitals are realizing the profitability of medical device licensing in the healthcare business. Read more on intellectual property ownership in hospitals.
The largest angel investor groups can be found in Ohio, California and New York. Read more about these medical business resources.
The title of founder should be given to one person in a startup if possible, or to multiple people with equal equity in the company, says entrepreneur Jay Adelson.
What are the chances that, out of thousands of candidates for the CEO spot, the son or daughter of the company founder is the most competent of the bunch? Slim to none.
Say you are a member of the Ford family, and your financial security lay in family trusts stuffed with Ford Motor stock. Who would you rather bet on, William Clay Ford Jr. or Alan Mulally, the former Boeing exec now at Ford's wheel? In this case, Mulally had the presence of mind to secure $24 billion in funding prior to the recent economic collapse and thus avoided becoming a ward of the federal government, like GM and Chrysler.
“Long before the word ‘entrepreneur’ became popular, the concept still existed.”
These are among the first words Mr. Clifton Taulbert uttered during our chance interview in April, 2008. During our interview, Mr. Taulbert described the entrepreneurial influence and life-lessons he learned from his Uncle Cleve (an unlikely entrepreneur who defied the odds as the owner of the icehouse in Glen Allan, Mississippi during the height of legal segregation.) Today, through a partnership with the Kauffman Foundation, that chance interview is being transformed into a two-part learning initiative designed to inspire and engage America’s youth in the unlimited opportunities that an entrepreneurial mindset can provide.
A healthcare VC predicts that more DNA sequencing and the shift from patients to healthcare consumers, among other things, will rule the future of healthcare innovation.
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