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Last Thursday, I joined 120 problem-solvers from around the Midwest at the iKC event at the H&R Block Headquarters. The event was an un-conference, meaning there were no pre-set rules or even an agenda. We came together to choose and vote on several topics of discussion we found interesting, and we then had four breakout sessions throughout the day to meet and discuss the 28 selected topics.
Startups are not just a risk for investors. They are also a risk for the attorneys and other service providers that choose to work with them. That's because there's no guarantee an early-stage company will be around to pay a law firm for all the work it's done - let alone become a long-term customer.
Sometimes the best healthcare innovations come from great minds outside of the healthcare industry, which is why it's important for startups to have diverse minds on staff.
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.
Lately, there's been a lot of talk about these people we call millennials. Namely, the current generation, Generation Y, those "entitled, narcissists who still live with their parents", according to Keith Wagstaff. From complimentary to derisive, countless writers have deemed it their duty to predict exactly what this generation will add or (as most reports warn) detract from our current society. But the truth is, nothing has been said about the "Me, me, me generation" that hasn't been said about every generation before them.
When considering the optimal number of founders for any new entrepreneurial adventure, the calculus extends well beyond simple formulas seemingly supported by observations of startup cohorts within specific industries. Famous technology twosomes that come to mind include David Packard and William Hewlett of Hewlett-Packard, Steve Jobs and Steve Wozniak of Apple, Paul Allen and Bill Gates of Microsoft, Larry Page and Sergey Brin of Google. In these examples, it is widely observed that these buddy teams complemented each other well in the early formative years of their companies.
If a healthcare business owner tracks employees’ social media activity, it requires striking a balance between company reputation monitoring and employee privacy.
Entrepreneurs are a busy lot, and the busiest startup owners may take shortcuts when interviewing job candidates. But failing to ask the right questions in such situations could cost your business plenty.
There is no shortage of well-educated people in academic environments. But the challenge is in turning the attention of those bright minds to entrepreneurship. Here are a few ideas on how to do it.
How can healthcare CEOs train the next generation of company leaders? One study suggests training is best done with a healthy dose of no-nonsense straight talk in a one-on-one setting.
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