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Jake Halpert, CEO of Lucidity Health, agrees with the conventional wisdom that the team is the most important aspect of an early-stage business. But, he added, an entrepreneur shouldn't wait for the perfect team to start his company.
Interviewees shouldn't expect traditional questions when they're applying for a position at Limeade, a corporate wellness space focused on building high-performance workforces.
"Raising capital in the Midwest is a lot different than raising on the coasts," said Kurt Brenkus, CEO of Wisconsin-based Aver Informatics. "We had to hit the streets making the rounds with angel investors."
American tech entrepreneurs aren't all 20-somethings from elite universities. A Kauffman Foundation survey of U.S.-born CEOs from 500 engineering and technology companies revealed that today's American tech entrepreneurs are middle aged, well educated in business or technical disciplines, and hold degrees from an assortment of universities.
"User entrepreneurs" have founded more than 46 percent of innovative startups that have lasted five years or more, even though the group only creates 10.7 percent of all U.S, startups.
Who are the "players" in entrepreneurship?, a Kauffman Foundation white paper, offers insights on the universe of people a startup founder will need to work with in order for the company to be a success.
Intellectual property is one of the toughest subjects for entrepreneurs to understand. From dealing with the tech transfer office to hiring an attorney to filing a provisional patent, IP is a common stumbling block for early-stage entrepreneurs.
Intellectual property (IP) refers to creations of the mind. For a startup, IP likely refers to a particular product.
The Small Business Innovation Research (SBIR) program encourages U.S.-based small businesses to engage in research and development.
Like many healthcare entrepreneurs with social missions at the center of their startups, Kinsa's founder and CEO Inder Singh was faced with the challenge of finding investors without pivoting from his company's central goal.
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