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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.
A due diligence checklist can provide a comprehensive assemblage of company information an entrepreneur needs in advance to negotiate effectively. This checklist is used by Corey Schwartz, entrepreneur and finance expert, in his negotiations to buy and sell companies.
This video excerpt features Roger Dawson discussing a common negotiations pitfall known as nibbling and shows how you can avoid falling into this trap before closing a deal.
Many companies go under because of failure of the relationships among the team members. Teams often launch firms without talking about what they want to get out of the venture. This article shows how company founders can better structure their top team relationships to prevent problems down the road.
Hindsight is 20/20, or so the saying goes. It's useful to learn from the mistakes you made in your last venture, but realize that they might not apply to this venture. So, focus on things you can control (not your competition), be passionate about revenue (or hire someone who is), and remember that, as the author points out, "it's easier to keep spending under control than it is to get spending under control."
Companies that hit $1 billion in annual revenues share seven traits, recent research shows. This lengthy article explores the concept in some depth with examples. If you want more, read the book "Blueprint to a Billion" by David Thomson.
"Just the facts" was police sergeant Joe Friday's credo. It seems that any CEO would do well to practice the same approach. This eye-opening article explains why using facts to make major management decisions is the best, as well as the most obvious, way to be successful in business.
Resistance to change is common and understandable. So the change you envision can lead to all the positive growth you want for your company, implement these seven tips. Your chances of making change stick will go way up.
This blog entry by a Chief Happiness Officer tackles an important topic from the European point of view. It's a useful reminder that not all of your employees are as zealous about your vision as you or your senior executives. Some will perform better if you keep that in mind.
Even if you never intend to look beyond your own business backyard, read this brief, helpful article. Entrepreneurs do find unexpected opportunities beyond the horizon, but few know how to effectively expand geographically.
Empowerment, enlightenment, and accountability are more than just buzz words today. They're an integral part of nearly any high-performance, high-growth company. As the entrepreneur you set the example, and you can get some help from the steps recommended in this quick-read, but informative piece.
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